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Company Registration No. 08020271 (England and Wales)
Kick The Can Music Limited Unaudited accounts for the year ended 30 September 2025
Kick The Can Music Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Kick The Can Music Limited Company Information for the year ended 30 September 2025
Director
Ben J A Matthews
Company Number
08020271 (England and Wales)
Registered Office
Flat 78 York Street London London W1H 1DP England
Accountants
Hybrid Premium LTD 2-4 Stoneleigh Park Road Stoneleigh Epsom Surrey KT19 0QT
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Kick The Can Music Limited Statement of financial position as at 30 September 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
5
7,925
1,675
Investments
6
10,270
-
18,195
1,675
Current assets
Debtors
7
227,726
172,609
Cash at bank and in hand
1,059,469
899,442
1,287,195
1,072,051
Creditors: amounts falling due within one year
8
(892,581)
(552,022)
Net current assets
394,614
520,029
Total assets less current liabilities
412,809
521,704
Creditors: amounts falling due after more than one year
9
-
(8,211)
Provisions for liabilities
Deferred tax
(1,981)
-
Net assets
410,828
513,493
Capital and reserves
Called up share capital
10
1
1
Profit and loss account
410,827
513,492
Shareholders' funds
410,828
513,493
For the year ending 30 September 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 director acknowledges his 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 and authorised for issue on 12 February 2026 and were signed on its behalf by
Ben J A Matthews Director Company Registration No. 08020271
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Kick The Can Music Limited Notes to the Accounts for the year ended 30 September 2025
1
Statutory information
Kick The Can Music Limited is a private company, limited by shares, registered in England and Wales, registration number 08020271. The registered office is Flat, 78 York Street, London, London, W1H 1DP, England.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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
4 Years Straight Line
Computer equipment
4 Years Straight Line
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
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Kick The Can Music Limited Notes to the Accounts for the year ended 30 September 2025
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted. As the amounts are not considered material, deferred tax has not been recognised in the year-end accounts.
4
Intangible fixed assets
Goodwill
£
Cost
At 1 October 2024
60,000
At 30 September 2025
60,000
Amortisation
At 1 October 2024
60,000
At 30 September 2025
60,000
Net book value
At 30 September 2025
-
5
Tangible fixed assets
Plant & machinery
Computer equipment
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 October 2024
46,919
-
46,919
Additions
-
8,372
8,372
At 30 September 2025
46,919
8,372
55,291
Depreciation
At 1 October 2024
45,244
-
45,244
Charge for the year
1,229
893
2,122
At 30 September 2025
46,473
893
47,366
Net book value
At 30 September 2025
446
7,479
7,925
At 30 September 2024
1,675
-
1,675
6
Investments
Other investments
£
Valuation at 1 October 2024
-
Additions
10,270
Valuation at 30 September 2025
10,270
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Kick The Can Music Limited Notes to the Accounts for the year ended 30 September 2025
7
Debtors
2025
2024
£
£
Amounts falling due within one year
VAT
12,281
8,156
Trade debtors
121,742
111,531
Accrued income and prepayments
93,703
52,922
227,726
172,609
8
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
108,320
34,265
Trade creditors
21,418
33,619
Taxes and social security
93,181
91,737
Other creditors
-
(1,499)
Loans from directors
228,762
80,687
Accruals
25,667
16,823
Deferred income
415,233
296,390
892,581
552,022
The company received a £50,000 (2020) bounce-back loan; the balance at year-end was £ 7,903.44 (2025), £18,211.02 (2024); the loan term remaining is 9 months at an interest rate per annum of 2.5% (fixed).
9
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
-
8,211
10
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
11
Transactions with related parties
As at the balance sheet date, the company owed £228,761.69 (2025) £80,687 (2024) to a company director. The amount is payable on demand and does not accrue interest.
12
Average number of employees
During the year the average number of employees was 4 (2024: 3).
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