Harmony Music Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 00620042

		2025		2024
	Notes	£	£	£	£
CURRENT ASSETS
Debtors	5	101,804		68,280
Cash at bank and in hand		179,918		105,217

		281,722		173,497
Creditors: Amounts Falling Due Within One Year	6	(232,173 )		(131,200 )

NET CURRENT ASSETS (LIABILITIES)			49,549		42,297

TOTAL ASSETS LESS CURRENT LIABILITIES			49,549		42,297

NET ASSETS			49,549		42,297

CAPITAL AND RESERVES
Called up share capital	7		180		180
Profit and Loss Account			49,369		42,117

SHAREHOLDERS' FUNDS			49,549		42,297

Page 1

Page 2

Harmony Music Limited

Balance Sheet (continued)

As At 30 June 2025

For the year ending 30 June 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

The financial statements were approved by the board of directors on 8 January 2026 and were signed on its behalf by:

S H Platz

Director

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Harmony Music Limited is a private company, limited by shares, incorporated in England & Wales, registered number 00620042 . The registered office is Roundhouse, 212 Regent's Park Road, London, NW1 8AW.

The company's principal activity continues to be that of music publishers.

2. Statement of Compliance

The financial statements have been prepared in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

3. Accounting Policies

3.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention.

3.2. Turnover

Turnover is recognised at fair value of the consideration received or receivable. Furthermore, revenue is recognised when it is probable that economic benefits will flow to the company and the amount of the revenue can be reliably measured.

Royalty income

Royalty income is recognised on a notified earnings basis. Credit is taken for royalty income, arising from the music publishing, record production and related activities, which has been received or declared by users by the period end. Amounts received in advance are carried forward in creditors until notified as earnings by the licensee.

3.3. Financial Instruments

Basic financial instruments, whether financial assets or financial liabilities, are recognised at amortised cost using the effective interest method.

Debtors and creditors falling due within one year

Debtors and creditors falling due within one year are recognised at undiscounted transaction price. Debtors are reviewed for impairment at the end of the financial year and any impairments are recognised in the profit and loss account.

3.4. Foreign Currencies

Transactions in currencies (other than the functional currency) are recorded at the rate of exchange ruling at the date of the transaction. Monetary items denominated in other currencies are translated into sterling at the rates of exchange prevailing at the balance sheet date. All exchange differences arising are dealt with in the profit and loss account.

Page 3

Page 4

Harmony Music Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 June 2025

3.5. Taxation

Taxation comprises current taxation and deferred tax.

Current tax represents the amount of tax payable in respect of taxable profit for the current or past financial years. The company’s liability to current tax is measured using tax rates that have been enacted by the balance sheet date.

Deferred tax represents future tax consequences of transactions recognised in the current or past financial years. Deferred tax is recognised in respect of all timing differences except that deferred tax assets are only recognised to the extent that it is probable that they will be recoverable against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted by the balance sheet date that are expected to apply to the reversal of timing differences.

3.6. Royalties payable

Royalties payable are charged to the profit and loss account to the extent that amounts are contractually paid or are payable in respect of the year under review. If any royalties payable are considered to be recoverable from future income, these are carried forward in debtors.

3.7. Presentation and functional currency

The financial statements are presented in sterling and this is also the functional currency of the company.

4. Average Number of Employees

Average number of employees, including directors, during the year was: 4 (2024: 4)

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	101,804	64,450
Other debtors	-	3,830

	101,804	68,280

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	154,840	89,630
Other creditors	51,200	40,650
Taxation and social security	26,133	920

	232,173	131,200

Page 4

Page 5

Harmony Music Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 June 2025

7. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	180	180

Page 5