Turtle Tunes Ltd

	Page
Balance Sheet	1—2
Statement of Changes in Equity	3
Notes to the Financial Statements	4—6

Registered number: 10834256

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		711		91

			711		91
CURRENT ASSETS
Debtors	5	438		1,515
Cash at bank and in hand		23,175		19,083

		23,613		20,598
Creditors: Amounts Falling Due Within One Year	6	(147,126 )		(143,475 )

NET CURRENT ASSETS (LIABILITIES)			(123,513 )		(122,877 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(122,802 )		(122,786 )

NET LIABILITIES			(122,802 )		(122,786 )

CAPITAL AND RESERVES
Called up share capital	7		100		100
Profit and Loss Account			(122,902 )		(122,886 )

SHAREHOLDERS' FUNDS			(122,802)		(122,786)

Page 1

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Turtle Tunes Ltd

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.

On behalf of the board

Ms Charlotte Beard

Director

22/04/2026

The notes on pages 4 to 6 form part of these financial statements.

1. General Information

Turtle Tunes Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10834256 . The registered office is 1st Floor, 104 Oxford Street, London, Greater London, W1D 1LP.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

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

2.2. Going Concern Disclosure

The financial statements have been prepared on a going concern basis which assumes the continuing financial support of the directors.

2.3. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of Value Added Tax. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. Turnover is accounted for on a receivable basis and relates to the receipt of advances, fees and royalties and fees in respect of live performances.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	25% straight line
Computer Equipment	25% straight line

2.5. Financial Instruments

The company has only basic financial instruments.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method.

Basic financial liabilities

Basic financial liabilities, which include creditors and bank loans, are initially recognised at transaction price unless the arrangement constitutes a financing transactions.

2.6. Foreign Currencies

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 rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

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Turtle Tunes Ltd

Notes to the Financial Statements (continued)

For The Year Ended 30 June 2025

2.7. Taxation

Corporation tax expense represents the sum of the tax currently payable.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

3. Average Number of Employees

Average number of employees, including directors, during the year was as follows:

	2025	2024
Office and administration	2	2

	2	2

4. Tangible Assets

	Plant & Machinery	Computer Equipment	Total
	£	£	£
Cost
As at 1 July 2024	11,896	5,727	17,623
Additions	-	915	915

As at 30 June 2025	11,896	6,642	18,538

Depreciation
As at 1 July 2024	11,881	5,651	17,532
Provided during the period	-	295	295

As at 30 June 2025	11,881	5,946	17,827

Net Book Value
As at 30 June 2025	15	696	711

As at 1 July 2024	15	76	91

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	-	329
Prepayments and accrued income	188	1,186
VAT	250	-

	438	1,515

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Turtle Tunes Ltd

Notes to the Financial Statements (continued)

For The Year Ended 30 June 2025

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	1,060	253
VAT	-	30
Other creditors	1,733	569
Accruals and deferred income	1,068	1,638
Directors' loan accounts	143,265	140,985

	147,126	143,475

7. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

Page 6

	Share Capital	Profit and Loss Account	Total
	£	£	£
As at 1 July 2023	100	(130,245 )	(130,145)
Profit for the year and total comprehensive income	-	7,359	7,359

As at 30 June 2024 and 1 July 2024	100	(122,886 )	(122,786)


Loss for the year and total comprehensive income	-	(16 )	(16)

As at 30 June 2025	100	(122,902 )	(122,802)