REGISTERED NUMBER: 08667251 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 August 2025

for

School of Rock & Media Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

J B Bolton

A Saunders

P D Tate

Mrs M Bolton

Mrs M Saunders

Ms M L Saunders DUPLICATE

A L Saunders DUPLICATE

REGISTERED OFFICE:

5 Cater Street

Little Germany

Bradford

West Yorkshire

BD1 5AS

REGISTERED NUMBER:

08667251 (England and Wales)

ACCOUNTANTS:

Lindley Adams Limited Chartered Accountants

28 Prescott Street

Halifax

West Yorkshire

HX1 2LG

FIXED ASSETS

Tangible assets

4

438,627

283,590

CURRENT ASSETS

Debtors

5

115,195

68,682

Cash at bank and in hand

1,125,077

739,701

1,240,272

808,383

CREDITORS

Amounts falling due within one year

6

173,429

98,737

NET CURRENT ASSETS

1,066,843

709,646

TOTAL ASSETS LESS CURRENT LIABILITIES

1,505,470

993,236

RESERVES

Income and expenditure account

1,505,470

993,236

1,505,470

993,236

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 17 April 2026 and were signed on its behalf by:

A Saunders - Director

J B Bolton - Director

1.	STATUTORY INFORMATION

School of Rock & Media 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 net invoiced sales of services, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property

-

Straight line over 15 years

Musical Equipment & Studio

-

25% on reducing balance

Fixtures and equipment

-

25% on reducing balance

Computer equipment

-

33% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to surplus or deficit on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 35 (2024 - 30 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Musical

Fixtures

to

Equipment

and

Computer

property

& Studio

equipment

equipment

Totals

£

£

£

£

£

COST

At 1 September 2024

147,447

61,165

129,870

83,996

422,478

Additions

171,191

5,066

20,738

31,298

228,293

At 31 August 2025

318,638

66,231

150,608

115,294

650,771

DEPRECIATION

At 1 September 2024

11,473

37,200

48,953

41,262

138,888

Charge for year

18,630

8,567

21,788

24,271

73,256

At 31 August 2025

30,103

45,767

70,741

65,533

212,144

NET BOOK VALUE

At 31 August 2025

288,535

20,464

79,867

49,761

438,627

At 31 August 2024

135,974

23,965

80,917

42,734

283,590

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Trade debtors

85,337

17,545

Other debtors

11,000

11,000

Social Outreach Services Loan

5,000

5,000

SORM Studios Limited

-

21,848

Prepayments

13,858

13,289

115,195

68,682

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Tax

131,990

90,614

Social security and other taxes

22,020

-

Pension control account

40

3,012

Other creditors

2,520

-

SORM Limited loan account

11,472

-

Accrued expenses

5,387

5,111

173,429

98,737

7.	OTHER FINANCIAL COMMITMENTS

Lease Agreements

Minimum lease payments under non-cancellable operating leases fall due as follows:

Land and Buildings

2025

2024

Within one year

69,072

54,000

Between one and five years

82,992

54,000

Over five years

187,572

106,500

294,516

214,500

Other operating leases

2025

2024

Within one year

19,553

1,844

Between one and five years

78,213

0

97,766

12,911

8.	COMPANY LIMITED BY GUARANTEE

The company has no share capital & is limited by guarantee, the liability of each member is limited to £1.