Company Registration No. 06814512 (England and Wales)
Track Music Limited
Unaudited accounts
for the year ended 31 March 2025
Track Music Limited
Unaudited accounts
Contents
Track Music Limited
Company Information
for the year ended 31 March 2025
Directors
Nicholas Moran
Isabelle Gombert
Secretary
Isabelle Gombert
Company Number
06814512 (England and Wales)
Registered Office
71-75 SHELTON STREET
COVENT GARDEN
LONDON
WC2H 9JQ
Accountants
Charterwells
Suite 8, 2nd Floor
43-45 High Road
Bushey Heath
WD23 1EE
Track Music Limited
Statement of financial position
as at 31 March 2025
Tangible assets
1,016
1,325
Cash at bank and in hand
524,903
536,139
Creditors: amounts falling due within one year
(14,863)
(34,616)
Net current assets
510,040
501,523
Total assets less current liabilities
511,056
502,848
Creditors: amounts falling due after more than one year
(240,896)
(252,172)
Net assets
270,160
250,676
Called up share capital
3,750
3,750
Profit and loss account
266,410
246,926
Shareholders' funds
270,160
250,676
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 25 July 2025 and were signed on its behalf by
Nicholas Moran
Director
Company Registration No. 06814512
Track Music Limited
Notes to the Accounts
for the year ended 31 March 2025
Track Music Limited is a private company, limited by shares, registered in England and Wales, registration number 06814512. The registered office is 71-75 SHELTON STREET, COVENT GARDEN, LONDON, WC2H 9JQ.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
33.33%RBM
Fixtures & fittings
20%RBM
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2024
9,126
491
9,617
At 31 March 2025
9,126
491
9,617
At 1 April 2024
8,128
164
8,292
Charge for the year
200
109
309
At 31 March 2025
8,328
273
8,601
At 31 March 2025
798
218
1,016
At 31 March 2024
998
327
1,325
Track Music Limited
Notes to the Accounts
for the year ended 31 March 2025
5
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
7,528
25,551
Other creditors
1,046
1,046
Loans from directors
2,252
2,220
6
Creditors: amounts falling due after more than one year
2025
2024
Trade creditors
452,896
28,896
Amounts owed to group undertakings and other participating interests
(212,000)
212,000
Taxes and social security
-
11,276
7
Average number of employees
During the year the average number of employees was 2 (2024: 2).