For the financial period ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

Gold Room Recordings Limited is a private company limited by shares incorporated in England and Wales. The registered office is 34 Sailsbury Street, London, NW8 8QE.

For commercial reasons, these accounts were prepared for a fourteen month period to 31 March 2025. The comparative amounts presented in the financial statements (including the related notes) are not entirely comparable.

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

Atruet the time of approving the financial statements, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the director continues to adopt the going concern basis of accounting in preparing the financial statements.

Turnover represents the amounts (exclusive of VAT) receivable for rental of studio space and the provision of related services during the year, recognised when the significant risks and rewards of ownership or service delivery have transferred to the customer.

Rental income is recognised on a straight-line basis over the period of hire. Income from ancillary services is recognised when the services are provided.

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).

An impairment loss is recognised immediately in profit or loss.

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

The company only has financial instruments which are classified as basic financial instruments.

Short-term debtors and creditors are measured at the settlement value. Any losses from impairment are recognised in profit and loss.

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

The average monthly number of persons (including directors) employed by the company during the period was:

During the period, Forever Living Originals, a related party by virtue of sharing the same major participators, incurred expenses totalling £640,277 on behalf of the company, and was repaid £18,328. At the balance sheet date, Gold Room Recordings Ltd owed £889,454 to Forever Living Originals Ltd (2024: £267,505).

During the period, Act of Faith LLP, a related party by virtue of sharing the same major participators, incurred expenses totalling £11,573 on behalf of the company. At the Balance Sheet date, the balance owed to Act Of Faith LLP was £11,573 (2024: £Nil).

During the period, Dean Josiah Cover, a director of the company, paid in £1,812 into the company. At the Balance Sheet date, the balance owed to Dean was £1,812 (2024: £Nil).