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Registered number: 14961403
MI Music Academy Limited
Unaudited Financial Statements
For The Year Ended 30 September 2025
BBK Partnership Ltd
Chartered Accountants & Statutory Auditors
Suite 2C, Brosnan House
175 Darkes Lane
Potters Bar
Hertfordshire
EN6 1BW
MI Music Academy Limited
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—6

Page 1
MI Music Academy Limited
Balance Sheet
As At 30 September 2025
Balance Sheet
Registered number: 14961403

| 30 September 2025 | 30 September 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 34,344 |  | 39,947
|  |  | 34,344 |  | 39,947
CURRENT ASSETS
Stocks |  | 1,603 |  | 670 |
Debtors | 5 | 415 |  | 204 |
Cash at bank and in hand |  | 13,171 |  | 8,907 |
|  | 15,189 |  | 9,781 |
Creditors: Amounts Falling Due Within One Year | 6 | (46,709 ) |  | (46,997 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (31,520 ) |  | (37,216 )
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 2,824 |  | 2,731
PROVISIONS FOR LIABILITIES
Deferred Taxation |  |  | (1,281 ) |  | (1,195 )
NET ASSETS |  |  | 1,543 |  | 1,536
CAPITAL AND RESERVES
Called up share capital | 8 |  | 100 |  | 100
Profit and Loss Account |  |  | 1,443 |  | 1,436
SHAREHOLDERS' FUNDS |  |  | 1,543 |  | 1,536

Page 1
Page 2
MI Music Academy Limited
Balance Sheet (continued)
As At 30 September 2025
For the year ending 30 September 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

Mr A Horrigan Director
25/06/2026

The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
MI Music Academy Limited
Notes to the Financial Statements
For The Year Ended 30 September 2025
Notes to the Financial Statements
1. General Information
MI Music Academy Limited is a private company, limited by shares, registered in England & Wales. The company's registered number and registered office address can be found on the Company Information page.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The 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.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
2.3. Tangible Fixed Assets and Depreciation
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures, Fittings & Equipment | 15% on reducing balance
Computer Equipment | 25% on reducing balance

2.4. Stocks and Work in Progress
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
2.5. Taxation
Taxation
Taxation for the period 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 period 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.
Page 3
Page 4
MI Music Academy Limited
Notes to the Financial Statements (continued)
For The Year Ended 30 September 2025
2.6. Pensions
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. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 2)
2 2
4. Tangible Assets

| Fixtures, Fittings & Equipment | Computer Equipment | Total
--- | --- | --- | ---
| £ | £ | £
Cost
As at 1 October 2024 | 44,397 | 2,947 | 47,344
Additions | 250 | 531 | 781
As at 30 September 2025 | 44,647 | 3,478 | 48,125
Depreciation
As at 1 October 2024 | 6,660 | 737 | 7,397
Provided during the period | 5,699 | 685 | 6,384
As at 30 September 2025 | 12,359 | 1,422 | 13,781
Net Book Value
As at 30 September 2025 | 32,288 | 2,056 | 34,344
As at 1 October 2024 | 37,737 | 2,210 | 39,947

5. Debtors

| 30 September 2025 |  | 30 September 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 306 |  | 83
Prepayments | 109 |  | 121
| 415 |  | 204

Page 4
Page 5
MI Music Academy Limited
Notes to the Financial Statements (continued)
For The Year Ended 30 September 2025
6. Creditors: Amounts Falling Due Within One Year

| 30 September 2025 |  | 30 September 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 269 |  | 817
Tax | 584 |  | 796
Social security and other taxes | 470 |  | 343
Other creditors | 44,486 |  | 44,141
Accrued expenses | 900 |  | 900
| 46,709 |  | 46,997

7. Provisions for Liabilities

| Deferred Tax | Total
--- | --- | ---
| £ | £
As at 1 October 2024 | 1,195 | 1,195
Deferred taxation | 86 | 86
Balance at 30 September 2025 | 1,281 | 1,281

8. Share Capital

| 30 September 2025 |  | 30 September 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 100 |  | 100

9. Dividends

| 30 September 2025 |  | 30 September 2024
--- | --- | --- | ---
| £ |  | £
On equity shares:
Interim dividend paid | 2,850 |  | 6,750

10. Related Party Transactions
At 30 September 2025, the company owed £44,486 (2024: £44,141) to HCM Music Academy Limited, a company in which A J Horrigan is a director and shareholder.
Page 5
Page 6
MI Music Academy Limited
Notes to the Financial Statements (continued)
For The Year Ended 30 September 2025
11. Ultimate Controlling Party
The controlling party is A J Horrigan.
Page 6