Caseware UK (AP4) 2025.0.111 2025.0.111 2025-06-30 2025-06-30 2 false 2024-07-01 false The principal activity of the company continued to be that of a publishing label.2 true true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 11254999 2024-07-01 2025-06-30 11254999 2023-07-01 2024-06-30 11254999 2025-06-30 11254999 2024-06-30 11254999 c:Director1 2024-07-01 2025-06-30 11254999 d:ComputerEquipment 2024-07-01 2025-06-30 11254999 d:ComputerEquipment 2025-06-30 11254999 d:ComputerEquipment 2024-06-30 11254999 d:ComputerEquipment d:OwnedOrFreeholdAssets 2024-07-01 2025-06-30 11254999 d:CurrentFinancialInstruments 2025-06-30 11254999 d:CurrentFinancialInstruments 2024-06-30 11254999 d:CurrentFinancialInstruments d:WithinOneYear 2025-06-30 11254999 d:CurrentFinancialInstruments d:WithinOneYear 2024-06-30 11254999 d:ShareCapital 2025-06-30 11254999 d:ShareCapital 2024-06-30 11254999 d:RetainedEarningsAccumulatedLosses 2025-06-30 11254999 d:RetainedEarningsAccumulatedLosses 2024-06-30 11254999 c:OrdinaryShareClass1 2024-07-01 2025-06-30 11254999 c:OrdinaryShareClass1 2025-06-30 11254999 c:OrdinaryShareClass1 2024-06-30 11254999 c:FRS102 2024-07-01 2025-06-30 11254999 c:AuditExempt-NoAccountantsReport 2024-07-01 2025-06-30 11254999 c:FullAccounts 2024-07-01 2025-06-30 11254999 c:PrivateLimitedCompanyLtd 2024-07-01 2025-06-30 11254999 2 2024-07-01 2025-06-30 11254999 e:PoundSterling 2024-07-01 2025-06-30 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 11254999 YOUNG SONGS LIMITED UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025
YOUNG SONGS LIMITED REGISTERED NUMBER:11254999
BALANCE SHEET AS AT 30 JUNE 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Tangible assets | 4 |  | 1,179 |  | -
|  |  | 1,179 |  | -
Current assets |  |  |  |  |
Debtors: amounts falling due within one year | 5 | 25,747 |  | 17,452 |
Cash at bank | 6 | 7,624 |  | 4,697 |
|  | 33,371 |  | 22,149 |
Creditors: amounts falling due within one year | 7 | (134,069) |  | (93,468) |
Net current liabilities |  |  | (100,698) |  | (71,319)
Total assets less current liabilities |  |  | (99,519) |  | (71,319)
Net liabilities |  |  | (99,519) |  | (71,319)
Capital and reserves |  |  |  |  |
Called up share capital | 8 |  | 100 |  | 100
Profit and loss account |  |  | (99,619) |  | (71,419)
|  |  | (99,519) |  | (71,319)
Page 1
YOUNG SONGS LIMITED REGISTERED NUMBER:11254999
BALANCE SHEET (CONTINUED) AS AT 30 JUNE 2025 The director considers 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 director acknowledges his 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:
C W Pawson
Director
Date: 18 March 2026
The notes on pages 3 to 7 form part of these financial statements. Page 2
YOUNG SONGS LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025
1. | General information
Young Songs Limited is a private company, limited by shares, registered in England and Wales, registration number 11254999. The registered office address is Rear of 85-87 Southgate Road, London, N1 3JS. The principal activity of the company continued to be that of a publishing label. 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 Section 1A of the 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.
| 2.2 | Going concern
The financial statement have been prepared on the going concern basis as the director has confirmed he will continue to provide necessary funding in order for the company to maintain operations and meet liabilities in full for at lease 12 months from the date of signature of the financial statements. On this basis, the director is satisfied that the financial statements should be prepared on a going concern basis.
| 2.3 | Foreign currency translation
Functional and presentation currency The company's functional and presentational currency is pound sterling. Transactions and balances Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions. At each year end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined. Foreign exchange gains and losses that relate to borrowings and cash are presented in the profit and loss account within 'administrative expenses'. All other foreign exchange gains and losses are presented in the profit and loss account.
| 2.4 | Turnover
Turnover 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. Turnover from record label is recognised when it is probable the company will receive the rights to the consideration due under the contract. Page 3
YOUNG SONGS LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025 2.Accounting policies (continued)
| 2.5 | Royalties
(i) Royalties receivable are recognised in the accounting year by the company per the royalty statement date. (ii) Royalties payable are calculated by reference to statements of accounts used for determining royalties receivable
| 2.6 | Advances
Advances received are recognised when the contractual obligations are fulfilled. Advances made to writers in respect of future royalties are treated as a current asset and written off to the profit and loss account when the royalties are recognised in accordance with (ii) above. Provision is made against an advance where it is considered that recoupment is unlikely to take place.
| 2.7 | Interest income
Interest income is recognised in profit or loss using the effective interest method.
| 2.8 | Finance costs
Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount.
| 2.9 | Pensions
Defined contribution pension plan The company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payment obligations. The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the balance sheet. The assets of the plan are held separately from the company in independently administered funds.
| 2.10 | Current 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. Page 4
YOUNG SONGS LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025 2.Accounting policies (continued)
| 2.11 | Tangible fixed assets
Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. 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 provided on the following basis:
|  |  |  | Computer equipment | - | 33% | straight-line
The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date. Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.
| 2.12 | Debtors
Short-term debtors are measured at transaction price, less any impairment.
| 2.13 | Cash
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.
| 2.14 | Creditors
Short-term creditors are measured at the transaction price. Other financial liabilities are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
| 2.15 | Financial instruments
The company enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities such as other debtors, trade and other creditors, and loans with related parties.
3. | Employees
| The average monthly number of employees, including the director, during the year was 2 (2024 - 2).
Page 5
YOUNG SONGS LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025
4. | Tangible fixed assets
|  | Computer equipment
|  | £
| Cost |
| Additions | 1,499
| At 30 June 2025 | 1,499
| Depreciation |
| Charge for the year | 320
| At 30 June 2025 | 320
| Net book value |
| At 30 June 2025 | 1,179
| At 30 June 2024 | -
5. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Other debtors | 24,638 | 16,581
| Prepayments | 181 | -
| Tax recoverable | 928 | 871
|  | 25,747 | 17,452
6. | Cash
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Cash at bank | 7,624 | 4,697
Page 6
YOUNG SONGS LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025
7. | Creditors: amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade creditors | 500 | -
| Other taxation and social security | 4,804 | 4,346
| Other creditors | 56,353 | 45,744
| Accruals | 72,412 | 43,378
|  | 134,069 | 93,468
8. | Share capital
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
|  | Allotted, called up and fully paid |  |
|  | 100 (2024 - 100) ordinary shares of £1.00 each | 100 | 100
9. | Prior year adjustment
In the prior year, an amount of £9,901 relating to cost of sales was incorrectly classified as administrative expenses. The comparative figures have now been reclassified to correct this presentation error. As a result, administrative expenses have decreased by £9,901 and cost of sales has increased by the same amount. This reclassification has no impact on retained earnings.
10. | Pension commitments
The company operates a defined contribution scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The pension cost charge represents contributions payable by the company to the fund and amounted to £4,634 (2024 - £6,038). Included in other creditors at the year end there is an amount payable of £665 (2024 - £649).
11. | Transactions with the director
As at the year end, the director owed £100 (2024 - £100) to the company. The loan is unsecured, interest free and repayable on demand.
Page 7