MSC Music Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 04800757

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		-		300
Tangible Assets	5		325		377

			325		677
CURRENT ASSETS
Stocks	6	26,847		14,964
Cash at bank and in hand		9,847		11,713

		36,694		26,677
Creditors: Amounts Falling Due Within One Year	7	(10,306 )		(16,015 )

NET CURRENT ASSETS (LIABILITIES)			26,388		10,662

TOTAL ASSETS LESS CURRENT LIABILITIES			26,713		11,339

Creditors: Amounts Falling Due After More Than One Year	8		(3,217 )		(7,809 )

NET ASSETS			23,496		3,530

CAPITAL AND RESERVES
Called up share capital	9		100		100
Profit and Loss Account			23,396		3,430

SHAREHOLDERS' FUNDS			23,496		3,530

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MSC Music Limited

Balance Sheet (continued)

As At 31 July 2025

For the year ending 31 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has 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.

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

Mr Mark Coddington

Director

23/04/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

MSC Music Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04800757 . The registered office is Apartment 63 Falcon Street, Loughborough, Leicestershire, LE11 1GJ.

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. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. 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. 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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the profit and loss account over its estimated economic life of .... years.

2.4. Intangible Fixed Assets and Amortisation - Other Intangible

Other intangible assets are .... It is amortised to the profit and loss account over its estimated economic life of .... years.

2.5. 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%
Fixtures & Fittings	25%

2.6. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2024: 1)

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MSC Music Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 July 2025

4. Intangible Assets

	Goodwill	Other	Total
	£	£	£
Cost
As at 1 August 2024	7,500	-	7,500

As at 31 July 2025	7,500	-	7,500

Amortisation
As at 1 August 2024	7,200	-	7,200
Provided during the period	-	300	300

As at 31 July 2025	7,200	300	7,500

Net Book Value
As at 31 July 2025	300	(300 )	-

As at 1 August 2024	300	-	300

5. Tangible Assets

	Plant & Machinery	Fixtures & Fittings	Total
	£	£	£
Cost
As at 1 August 2024	4,475	345	4,820

As at 31 July 2025	4,475	345	4,820

Depreciation
As at 1 August 2024	4,151	292	4,443
Provided during the period	52	-	52

As at 31 July 2025	4,203	292	4,495

Net Book Value
As at 31 July 2025	272	53	325

As at 1 August 2024	324	53	377

6. Stocks

	2025	2024
	£	£
Stock	26,847	14,964

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	2,982	3,214
VAT	3,267	3,799
Accruals and deferred income	727	7,511
Director's loan account	3,330	1,491

	10,306	16,015

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MSC Music Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 July 2025

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	3,217	7,809

9. Share Capital

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

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