HOUSDEN MUSIC LTD - Filleted accounts

Registered number

12447498

HOUSDEN MUSIC LTD

Filleted Accounts

28 February 2026

HOUSDEN MUSIC LTD
Registered number:		12447498
Balance Sheet
as at 28 February 2026

Notes			2026			2025
£				£
Fixed assets
Intangible assets	3		6,417			7,417
Tangible assets	4		3,803			10,472
			10,220			17,889

Current assets
Debtors	5	12,835			16,151
Cash at bank and in hand		27,577			65,134
		40,412			81,285

Creditors: amounts falling due within one year	6	(9,704)			(32,289)

Net current assets			30,708			48,996

Total assets less current liabilities			40,928			66,885


Provisions for liabilities			(723)			(1,990)


Net assets			40,205			64,895

Capital and reserves
Called up share capital			100			100
Profit and loss account			40,105			64,795

Shareholder's funds			40,205			64,895

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




D Housden
Director
Approved by the board on 22 April 2026

HOUSDEN MUSIC LTD
Notes to the Accounts
for the year ended 28 February 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Intangible fixed assets
	Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and equipment	over 4 years

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

2	Employees		2026		2025
Number				Number

	Average number of persons employed by the company, including the director		1		1

3	Intangible fixed assets				£
	Goodwill:

	Cost
	At 1 March 2025				10,000
	At 28 February 2026				10,000

	Amortisation
	At 1 March 2025				2,583
	On disposals				1,000
	At 28 February 2026				3,583

	Net book value
	At 28 February 2026				6,417
	At 28 February 2025				7,417

	Goodwill is being written off in equal annual instalments over its estimated economic life of 10 years.


4	Tangible fixed assets
					Plant and machinery etc
£
	Cost
	At 1 March 2025				26,679
	At 28 February 2026				26,679

	Depreciation
	At 1 March 2025				16,207
	Charge for the year				6,669
	At 28 February 2026				22,876

	Net book value
	At 28 February 2026				3,803
	At 28 February 2025				10,472


5	Debtors		2026		2025
£				£

	Trade debtors		10,000		15,038
	Other debtors		2,835		1,113
			12,835		16,151


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

	Trade creditors		176		-
	Taxation and social security costs		3,509		28,912
	Other creditors		6,019		3,377
			9,704		32,289


7	Other information

	HOUSDEN MUSIC LTD is a private company limited by shares and incorporated in England. Its registered office is:
	8 Blue Barns Business Park
	Old Ipswich Road, Ardleigh
	Colchester
	Essex
	CO7 7FX