| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE PERIOD 30 MARCH 2024 TO 31 MARCH 2025 |
| FOR |
| IMHOTEP MUSIC INVESTMENTS LIMITED |
| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE PERIOD 30 MARCH 2024 TO 31 MARCH 2025 |
| FOR |
| IMHOTEP MUSIC INVESTMENTS LIMITED |
| IMHOTEP MUSIC INVESTMENTS LIMITED (REGISTERED NUMBER: 10508426) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE PERIOD 30 MARCH 2024 TO 31 MARCH 2025 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| IMHOTEP MUSIC INVESTMENTS LIMITED |
| COMPANY INFORMATION |
| FOR THE PERIOD 30 MARCH 2024 TO 31 MARCH 2025 |
| DIRECTOR: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| Invicta Business Centre |
| Monument Way |
| Orbital Park |
| Ashford |
| Kent |
| TN24 0HB |
| IMHOTEP MUSIC INVESTMENTS LIMITED (REGISTERED NUMBER: 10508426) |
| BALANCE SHEET |
| 31 MARCH 2025 |
| 2025 | 2024 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Investments | 5 |
| CURRENT ASSETS |
| Debtors | 6 |
| Investments | 7 |
| CREDITORS |
| Amounts falling due within one year | 8 |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings |
| The director acknowledges his responsibilities for: |
| (a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
| (b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
| The financial statements were approved by the director and authorised for issue on |
| IMHOTEP MUSIC INVESTMENTS LIMITED (REGISTERED NUMBER: 10508426) |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE PERIOD 30 MARCH 2024 TO 31 MARCH 2025 |
| 1. | STATUTORY INFORMATION |
| Imhotep Music Investments Limited is a |
| The presentation currency of the financial statements is the Pound Sterling (£). |
| 2. | STATEMENT OF COMPLIANCE |
| 3. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Taxation |
| Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
| Current or deferred taxation assets and liabilities are not discounted. |
| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. |
| Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference. |
| Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. |
| Going concern |
| At the balance sheet date, the company's liabilities exceeded its assets. The company has received assurance from the director that he will continue to give financial support to the company for a period of at least twelve months from the date of signing these financial statements. |
| On this basis, the director has considered it appropriate to prepare the financial statements on a going concern basis. However, should the financial support mentioned above not be forthcoming, the going concern basis used in preparing the company's financial statements may be invalid and adjustments would have to be made to reduce the value of assets to their realisable amount and to provide for any further liabilities which might arise. The financial statements do not include any adjustment to the company's assets or liabilities that might be necessary should this basis not continue to be appropriate |
| Valuation of investments |
| Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the Profit and Loss Account for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment. |
| Investments in listed company shares are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in profit or loss for the period. |
| Other investment assets are measured at cost less accumulated impairment. |
| IMHOTEP MUSIC INVESTMENTS LIMITED (REGISTERED NUMBER: 10508426) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE PERIOD 30 MARCH 2024 TO 31 MARCH 2025 |
| 4. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the period was |
| 5. | FIXED ASSET INVESTMENTS |
| 2025 | 2024 |
| £ | £ |
| Other investments not loans |
| Additional information is as follows: |
| Other |
| investments |
| £ |
| COST |
| At 30 March 2024 |
| and 31 March 2025 | 8,841 |
| NET BOOK VALUE |
| At 31 March 2025 | 8,841 |
| At 29 March 2024 | 8,841 |
| Investments (neither listed nor unlisted) were as follows: |
| 2025 | 2024 |
| £ | £ |
| Other fixed asset investments | 247,520 | 247,520 |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Other debtors |
| 7. | CURRENT ASSET INVESTMENTS |
| 2025 | 2024 |
| £ | £ |
| Listed investments | 274,872 | 268,689 |
| Unlisted investments | 153,540 | 13,065 |
| Listed investments are non-convertible ordinary shares listed on the London Stock Exchange measured at fair value through profit or loss. At the balance sheet date, the quoted market price amounted to £274,872. |
| 8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Taxation and social security |
| Other creditors |
| 9. | RELATED PARTY DISCLOSURES |
| Included in creditors at the balance sheet date is an amount of £659,897 (2024: £523,073) due to a company owned and controlled by the director. The amount is in respect of expenses borne on behalf of and cash advanced to the company. This amount is unsecured, interest free and repayable on demand. |
| Also included in creditors at the balance sheet date is an amount of £Nil (2024: £1,776) due to an entity controlled by the director. The amount is in respect of expenses borne on behalf of the company. This amount is unsecured, interest free and repayable on demand. |