ACCOUNTS - Final Accounts preparation

Registered number: 08511653

	UNAUDITED FINANCIAL STATEMENTS
	FOR THE YEAR ENDED 31 MARCH 2025

	TILEYARD MUSIC PUBLISHING LIMITED


TILEYARD MUSIC PUBLISHING LIMITED

COMPANY INFORMATION

Directors	C Arme
	M Harwood
	P Kempe
	N Keynes


Registered number	08511653


Registered office	4th Floor
	95 Gresham Street
	London
	EC2V 7AB


Trading Address	First floor, Unit 21-23
	Tileyard Road
	London
	N7 9AH



Accountants	Menzies LLP
	Chartered Accountants
	4th Floor
	95 Gresham Street
	London
	EC2V 7AB


TILEYARD MUSIC PUBLISHING LIMITED REGISTERED NUMBER:08511653

STATEMENT OF FINANCIAL POSITION

AS AT 31 MARCH 2025

		2025		2024
Note		£		£


Current assets
Debtors: amounts falling due within one year	4	678,825		667,990
Cash at bank and in hand		859		31,958
		679,684		699,948
Creditors: amounts falling due within one year	5	(1,165,122)		(917,479)
Net current liabilities			(485,438)		(217,531)
Total assets less current liabilities			(485,438)		(217,531)
Creditors: amounts falling due after more than one year	6		(1,774)		(12,271)

Net liabilities			(487,212)		(229,802)

Capital and reserves
Called up share capital	100	100
Profit and loss account	(487,312)	(229,902)
	(487,212)	(229,802)

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TILEYARD MUSIC PUBLISHING LIMITED REGISTERED NUMBER:08511653

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 31 MARCH 2025

The Directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The Directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

M Harwood

Director

Date: 24 December 2025

The notes on pages 3 to 4 form part of these financial statements.

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TILEYARD MUSIC PUBLISHING LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

1.	General information

Tileyard Music Publishing Limited is a company limited by shares, incorporated in England and Wales with the company registration number 08511653. The registered office and the principal place of business is disclosed on the company information page.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. 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 following principal accounting policies have been applied:

2.2

Going concern

The company incurred a loss during the year and, as at the balance sheet date, had net current liabilities of £485,438 (2024: £217,531).

The company has loans from related parties, including companies with beneficial owners in common. These lenders have confirmed that repayment of these loans will only be required when the company is in a position to do so, and further financial support will be made available as required.

The directors have assessed the company’s working capital requirements and, taking into account the above assurances, believe the company will be able to meet its liabilities as they fall due. Accordingly, the directors consider it appropriate to prepare the financial statements on a going concern basis.

2.3

Revenue

Revenue comprises royalty income receivable.

Royalty income is recognised when receivable or when the principals for accrual are met. Revenue is accounted to Tileyard Music Publishing Limited quarterly and is receivable on 31 July, 31 October, 31 January and 30 April.

2.4

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

2.5

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Employees

The average monthly number of employees, including directors, during the year was 4 (2024 -4).

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TILEYARD MUSIC PUBLISHING LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Debtors

					2025	2024
					£	£


Trade debtors	-	471
Other debtors	579,716	508,328
Prepayments and accrued income	99,109	159,191
	678,825	667,990

5.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Bank loans	10,462	10,168
Trade creditors	8,348	14,344
Other taxation and social security	-	1,615
Other creditors	498,403	348,195
Accruals and deferred income	647,909	543,157
	1,165,122	917,479

6.	Creditors: Amounts falling due after more than one year
		2025	2024
		£	£

Bank loans	1,774	12,271
	1,774	12,271

7.	Related party transactions
	Included within other creditors in note 5 is £14,120 (2024: £14,121) owed to the directors. These amounts are repayable on demand and not interest bearing. During the year, the company has become a guarantor for a loan to a company with beneficial owners in common. The total facility available is £1,510,374.

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