Bucks Records Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 01014877

		30 June 2025		30 June 2024
	Notes	£	£	£	£
CURRENT ASSETS
Debtors	5	2,985		1,082
Cash at bank and in hand		1,442,471		987,016

		1,445,456		988,098
Creditors: Amounts Falling Due Within One Year	6	(1,311,909 )		(857,900 )

NET CURRENT ASSETS (LIABILITIES)			133,547		130,198

TOTAL ASSETS LESS CURRENT LIABILITIES			133,547		130,198

NET ASSETS			133,547		130,198

CAPITAL AND RESERVES
Called up share capital	7		100		100
Profit and Loss Account			133,447		130,098

SHAREHOLDERS' FUNDS			133,547		130,198

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Bucks Records Limited

Balance Sheet (continued)

As At 30 June 2025

For the year ending 30 June 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 in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

S H Platz

Director

10 June 2026

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

1. General Information

Bucks Records Limited is a private company, limited by shares, incorporated in England & Wales, registered number 01014877 . The registered office is Roundhouse, 212 Regent's Park Road, London, NW1 8AW.

The company's principal activity continues to be that of music record promotion including the production and licensing of musical recordings.

2. Statement of Compliance

The financial statements have been prepared in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

3. Accounting Policies

3.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention.

3.2. Turnover

Turnover is recognised at fair value of the consideration received or receivable. Furthermore, revenue is recognised when it is probable that economic benefits will flow to the company and the amount of the revenue can be reliably measured.

Sales of recorded music on physical media is recognised when delivered. Revenue is reduced for returns and discounts given.

Royalty income is recognised on a notified earnings basis. Credit is taken for royalty income, arising from the music publishing, record production and related activities, which has been received or declared by users by the period end. Amounts received in advance are carried forward in creditors until notified as earnings by the licensee.

3.3. Stocks and Work in Progress

Stocks of finished goods are valued at the lower of cost and net realisable value.

3.4. Financial Instruments

Basic financial instruments, whether financial assets or financial liabilities, are recognised at amortised cost using the effective interest method.

3.5. Interest Receivable

Interest income is recognised using the effective interest method.

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Bucks Records Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 June 2025

3.6. Foreign Currencies

Transactions in currencies (other than the functional currency) are recorded at the rate of exchange ruling at the date of the transaction.

Monetary items denominated in other currencies are translated into sterling at the rates of exchange prevailing at the balance sheet date. All exchange differences arising are dealt with in the profit and loss account.

3.7. Taxation

Taxation comprises current taxation and deferred tax.

Current tax represents the amount of tax payable in respect of taxable profit for the current or past financial years. The company’s liability to current tax is measured using tax rates that have been enacted by the balance sheet date.

Deferred tax represents future tax consequences of transactions recognised in the current or past financial years. Deferred tax is recognised in respect of all timing differences except that deferred tax assets are only recognised to the extent that it is probable that they will be recoverable 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 by the balance sheet date that are expected to apply to the reversal of timing differences.

3.8. Presentation and functional currency

The financial statements are presented in sterling and this is also the functional currency of the company.

4. Average Number of Employees

Average number of employees, including directors, during the year was: NIL (2024: NIL)

5. Debtors

	30 June 2025	30 June 2024
	£	£
Due within one year
Trade debtors	265	1,082
Other debtors	2,720	-

	2,985	1,082

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Bucks Records Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 June 2025

6. Creditors: Amounts Falling Due Within One Year

	30 June 2025	30 June 2024
	£	£
Trade creditors	1,107,442	743,941
Amounts owed to group undertakings	178,529	82,986
Other creditors	7,639	6,014
Taxation and social security	18,299	24,959

	1,311,909	857,900

7. Share Capital

	30 June 2025	30 June 2024
	£	£
Allotted, Called up and fully paid	100	100

8. Controlling Parties

The company's immediate parent undertaking is Bucks Music Group Limited .

The ultimate parent undertaking is Bucks Music Group Limited (incorporated in England & Wales).

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