Company registration number 06723645 (England and Wales)
LONDON PIANO MASTERS LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
PAGES FOR FILING WITH REGISTRAR
LONDON PIANO MASTERS LIMITED
COMPANY INFORMATION
Director
Dr S Passamonte
Secretary
Dr S Passamonte
Company number
06723645
Registered office
13 Cherrywood
Hernhill
Faversham
Kent
ME13 9HX
Accountants
David Smith & Co
7 Grosvenor Gardens
Victoria
London
SW1W 0AF
LONDON PIANO MASTERS LIMITED
BALANCE SHEET
AS AT 31 AUGUST 2025
31 August 2025
- 1 -
2025
2024
Notes
£
£
£
£
Current assets
Debtors
4
2,458
Creditors: amounts falling due within one year
Loans and overdrafts
3
1
Other creditors
8,616
7,703
8,619
7,704
Net current liabilities
(8,619)
(5,246)
Capital and reserves
Called up share capital
6
4
4
Profit and loss reserves
(8,623)
(5,250)
Total equity
(8,619)
(5,246)
For the financial year ended 31 August 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 of its financial statements for the year in question in accordance with section 476.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true
The financial statements were approved and signed by the director and authorised for issue on 29 May 2026
Dr S Passamonte
Director
Company registration number 06723645 (England and Wales)
LONDON PIANO MASTERS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
- 2 -
1
Accounting policies
Company information
London Piano Masters Limited is a private company limited by shares incorporated in England and Wales. The registered office is .
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. 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.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
1.2
Turnover
Turnover represents charges to students for courses and master classes.
1.3
Cash at bank and in hand
Cash and cash equivalents include deposits held at call with banks.
2
Judgements and key sources of estimation uncertainty
In the application of the company’s accounting policies, the director is required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
3
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2025
2024
Number
Number
Total
1
1
4
Debtors
2025
2024
Amounts falling due within one year:
£
£
Other debtors
2,458
LONDON PIANO MASTERS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
- 3 -
5
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
3
1
Other creditors
8,616
7,703
8,619
7,704
6
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary Shares of £1 each
4
4
4
4
7
Related party transactions
Included within other creditors are the amounts of £905 (2024 - debtors £2,458) owed to the director.
The other creditors also includes the amount of £2,000 owed to a company under common control.