Caseware UK (AP4) 2024.0.164 2024.0.164 2025-03-31 2025-03-31 2 true true 2 2024-04-01 false The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 01522908 2024-04-01 2025-03-31 01522908 2023-04-01 2024-03-31 01522908 2025-03-31 01522908 2024-03-31 01522908 c:Director1 2024-04-01 2025-03-31 01522908 d:CurrentFinancialInstruments 2025-03-31 01522908 d:CurrentFinancialInstruments 2024-03-31 01522908 d:CurrentFinancialInstruments d:WithinOneYear 2025-03-31 01522908 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 01522908 d:ShareCapital 2025-03-31 01522908 d:ShareCapital 2024-03-31 01522908 d:RetainedEarningsAccumulatedLosses 2025-03-31 01522908 d:RetainedEarningsAccumulatedLosses 2024-03-31 01522908 c:OrdinaryShareClass1 2024-04-01 2025-03-31 01522908 c:OrdinaryShareClass1 2025-03-31 01522908 c:OrdinaryShareClass1 2024-03-31 01522908 c:FRS102 2024-04-01 2025-03-31 01522908 c:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 01522908 c:FullAccounts 2024-04-01 2025-03-31 01522908 c:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 01522908 2 2024-04-01 2025-03-31 01522908 e:PoundSterling 2024-04-01 2025-03-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 01522908 NEUTRON RECORDS LIMITED UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
NEUTRON RECORDS LIMITED REGISTERED NUMBER:01522908
BALANCE SHEET AS AT 31 MARCH 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Current assets |  |  |  |  |
Debtors: amounts falling due within one year | 4 | 394 |  | - |
Cash at bank | 5 | 35,638 |  | 87,854 |
|  | 36,032 |  | 87,854 |
Creditors: amounts falling due within one year | 6 | (23,810) |  | (52,329) |
Net current assets |  |  | 12,222 |  | 35,525
Total assets less current liabilities |  |  | 12,222 |  | 35,525
Net assets |  |  | 12,222 |  | 35,525
Capital and reserves |  |  |  |  |
Called up share capital | 7 |  | 102 |  | 102
Profit and loss account |  |  | 12,120 |  | 35,423
|  |  | 12,222 |  | 35,525
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 profit and loss account 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 D Fry
Director
Date: 10 March 2026
The notes on pages 2 to 4 form part of these financial statements. Page 1
NEUTRON RECORDS LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
1. | General information
Neutron Records Limited is a private company, limited by shares, registered in England and Wales, registration number 01522908. The registered office address is Elsley Court, 20-22 Great Titchfield Street, London, W1W 8BE. The principal activity of the company continued to be that of music production and live performance. 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 Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the requirements and 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.
| 2.2 | Functional and presentational currency
The company's functional and presentational currency is pound sterling.
| 2.3 | Turnover
Turnover from music production and live performance is recognised to the extent that it is probable that the economic benefits will flow to the company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Royalties receivable are recognised in the accounting year in which it was received as per the royalties statements.
| 2.4 | Interest income
Interest income is recognised in profit or loss using the effective interest method.
| 2.5 | Taxation
Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively. The current corporation tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the company operates and generates income.
| 2.6 | Debtors
Short-term debtors are measured at transaction price, less any impairment.
| 2.7 | Cash
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.
| 2.8 | Creditors
Short-term creditors are measured at the transaction price. Page 2
NEUTRON RECORDS LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2.Accounting policies (continued)
| 2.9 | Financial instruments
The company enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities such as other debtors and trade and other creditors.
| 2.10 | Dividends
Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.
3. | Employees
| The average monthly number of employees, including directors, during the year was 2 (2024 - 2).
4. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Prepayments | 394 | -
5. | Cash
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Cash at bank | 35,638 | 87,854
6. | Creditors: amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade creditors | 7,840 | -
| Corporation tax | 3,876 | 11,335
| Other taxation and social security | 3,580 | 13,389
| Accruals | 8,514 | 27,605
|  | 23,810 | 52,329
Page 3
NEUTRON RECORDS LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
7. | Share capital
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
|  | Allotted, called up and fully paid |  |
|  | 102 (2024 - 102) Ordinary shares of £1.00 each | 102 | 102
8. | Transactions with directors
During the year, dividends of £40,000 (2024 - £16,000) were paid to the directors.
Page 4