ACCOUNTS - Final Accounts preparation

Registered number: 15510704

RABBIT HOLE RECORDS LTD

UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2026

RABBIT HOLE RECORDS LTD

REGISTERED NUMBER: 15510704

BALANCE SHEET

AS AT 28 FEBRUARY 2026

		2026		2025
Note		£		£


Current assets
Debtors: amounts falling due within one year	4	14,402		537
Cash at bank and in hand	5	132		23,449
		14,534		23,986
Creditors: amounts falling due within one year	6	(15,971)		(11,031)
Net current (liabilities)/assets			(1,437)		12,955
Total assets less current liabilities			(1,437)		12,955

Net (liabilities)/assets			(1,437)		12,955

Capital and reserves
Called up share capital	7	100	100
Profit and loss account		(1,537)	12,855
		(1,437)	12,955

RABBIT HOLE RECORDS LTD

REGISTERED NUMBER: 15510704

BALANCE SHEET (CONTINUED)

AS AT 28 FEBRUARY 2026

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:

A J Goddard

Director

Date: 5 May 2026

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

RABBIT HOLE RECORDS LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2026

1.	General information

Rabbit Hole Records Ltd is a private company, limited by shares, registered in England and Wales, registration number 15510704. 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 publishing.

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 presentation currency

The company's functional and presentational currency is pound sterling.

2.3

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.

Royalties receivable are recognised at the year end date by the company per the royalty statements.

Turnover from sound recording and music publishing activities is recognised as the related performance obligations are satisfied and only to the extent that it is probable that the company will be entitled to the consideration due under the contract.

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.

RABBIT HOLE RECORDS LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2026

2.Accounting policies (continued)

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. 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.

2.9

Financial instruments

The company enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities such as other debtors, trade and other creditors.

Employees

The average monthly number of employees, including the director, during the year was 1 (2025 - 1).

Debtors

					2026	2025
					£	£


Other debtors	3,163	-
Prepayments	11,239	537
	14,402	537

5.	Cash
		2026	2025
		£	£

	Cash at bank and in hand	132	23,449

RABBIT HOLE RECORDS LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2026

6.	Creditors: amounts falling due within one year
		2026	2025
		£	£

Trade creditors	6,152	1,800
Corporation tax	-	3,163
Other creditors	5,411	4,268
Accruals	4,408	1,800
	15,971	11,031

7.	Share capital
		2026	2025
		£	£

Allotted, called up and fully paid

100 (2024 - 100) Ordinary shares of £1.00 each	100	100