REGISTERED NUMBER: 08603015 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31st March 2025

for

RIMU MUSIC EDUCATION SERVICES LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

Mrs N Richardson

REGISTERED OFFICE:

Suffolk House

George Street

Croydon

Surrey

CR0 0YN

REGISTERED NUMBER:

08603015 (England and Wales)

ACCOUNTANTS:

TC Group

3rd Floor, Suffolk House

George Street

Croydon

CR0 0YN

FIXED ASSETS

Tangible assets

4

3,196

2,679

CURRENT ASSETS

Debtors

5

16,315

14,310

Cash at bank

678,832

423,907

695,147

438,217

CREDITORS

Amounts falling due within one year

6

255,947

140,872

NET CURRENT ASSETS

439,200

297,345

TOTAL ASSETS LESS CURRENT LIABILITIES

442,396

300,024

CREDITORS

Amounts falling due after more than one year

7

9,177

19,176

NET ASSETS

433,219

280,848

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

433,119

280,748

SHAREHOLDERS' FUNDS

433,219

280,848

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the director and authorised for issue on 8th January 2026 and were signed by:

Mrs N Richardson - Director

1.	STATUTORY INFORMATION

RIMU Music Education Services Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Income, whether it is from parental fees, or from government funds, is recognised when the company has entitlement to the funds, it is probable that the income will be received and that the amount can be measured reliably.

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight line method. Depreciation is charged on the following basis:

Fixtures and fittings

- 25% on cost

Computer equipment

- 25% on cost

Gains and losses on disposal are determined by comparing the proceeds with the carrying amount and are recognised in the Statement of Comprehensive Income.

Financial instruments

The company only enters into basic financial instruments that result in the recognition of financial assets and liabilities such as trade and other debtors and creditors.

Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Income and Retained Earnings.

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and the best estimate of the recoverable amount, which is an approximation of the amount that the company would receive for the asset if it were to be sold at the balance sheet date.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 statement of financial position date.

Hire purchase and leasing commitments

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

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 27 (2024 - 25 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1st April 2024

1,252

8,951

10,203

Additions

573

1,599

2,172

At 31st March 2025

1,825

10,550

12,375

DEPRECIATION

At 1st April 2024

653

6,871

7,524

Charge for year

259

1,396

1,655

At 31st March 2025

912

8,267

9,179

NET BOOK VALUE

At 31st March 2025

913

2,283

3,196

At 31st March 2024

599

2,080

2,679

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Prepayments

16,315

14,310

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Other loans

10,000

10,000

Tax

125,555

40,526

Social security and other taxes

5,797

5,641

Other creditors

110,090

80,280

Directors' loan accounts

112

295

Accrued expenses

4,393

4,130

255,947

140,872

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Other loans - 1-2 years

9,177

10,000

Other loans - 2-5 years

-

9,176

9,177

19,176

The bank loan is due for repayment by February 2027.

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

31.3.25

31.3.24

£

£

Within one year

61,871

78,235

Between one and five years

68,333

90,333

130,204

168,568

9.	ULTIMATE CONTROLLING PARTY

The controlling party is Mrs N Richardson.