REGISTERED NUMBER: 07486950 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

THE SOCIETY FOR PRODUCERS AND COMPOSERS

OF APPLIED MUSIC LIMITED

TRADING AS

PCAM

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr R Fromer

Mr P D Reynolds

Mr C J Smith

REGISTERED OFFICE:

33 Burton Street

Brixham

Devon

TQ5 9JA

REGISTERED NUMBER:

07486950 (England and Wales)

ACCOUNTANTS:

MGR SD Limited

Chartered Accountants

55 Loudoun Road

St John's Wood

London

NW8 0DL

CURRENT ASSETS

Debtors

4

259

518

Cash at bank

18,337

22,727

18,596

23,245

CREDITORS

Amounts falling due within one year

5

(10,104

)

(10,243

)

NET CURRENT ASSETS

8,492

13,002

TOTAL ASSETS LESS CURRENT LIABILITIES

8,492

13,002

RESERVES

Income and expenditure account

8,492

13,002

8,492

13,002

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19 February 2026 and were signed on its behalf by:

Mr C J Smith - Director

Mr R Fromer - Director

1.	STATUTORY INFORMATION

The Society for Producers and Composers of Applied Music Limited is a private company, limited by guarantee , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents membership fees.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade debtors

87

87

Other debtors

172

431

259

518

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Taxation and social security

-

259

Other creditors

10,104

9,984

10,104

10,243

6.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year Mr R Fromer was paid an administration fee of £8,400 (2024: £8,400).