ACCOUNTS - Final Accounts

Registered number: 01083122

BRITISH LION MUSIC LIMITED

UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

BRITISH LION MUSIC LIMITED

CONTENTS

	Page
Balance sheet	1 - 2
Notes to the financial statements	3 - 6

BRITISH LION MUSIC LIMITED

REGISTERED NUMBER: 01083122

BALANCE SHEET

AS AT 31 DECEMBER 2025

		2025		2024
Note		£		£

Fixed assets
Investments	4		2,000		2,000
			2,000		2,000
Current assets
Debtors: amounts falling due within one year	5	362		-
Cash at bank and in hand	6	41,871		42,947
		42,233		42,947
Creditors: amounts falling due within one year	7	(42,793)		(43,546)
Net current liabilities			(560)		(599)
Total assets less current liabilities			1,440		1,401

Net assets			1,440		1,401

Capital and reserves
Called up share capital	8	100	100
Profit and loss account		1,340	1,301
		1,440	1,401

BRITISH LION MUSIC LIMITED

REGISTERED NUMBER: 01083122

BALANCE SHEET (CONTINUED)

AS AT 31 DECEMBER 2025

The directors consider that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

J A Craig, OBE

Director

Date: 14 July 2026

The notes on pages 3 to 6 form part of these financial statements.

BRITISH LION MUSIC LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

1.	General information

British Lion Music Limited is a private company, limited by shares, registered in England and Wales, registration number 01083122.

The registered office address is 27 Abbey Gardens, London, NW8 9AS.

The principal activity of the company continued to be that of music publishing.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. 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 company's functional and presentational currency is pound sterling.

The following principal accounting policies have been applied:

2.2

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover from music publishing is recognised as the related performance obligations are satisfied and when it is probable the business will receive the rights to the consideration due under the contract.

Royalties receivable are recognised at the year end date by the company per the royalty statement.

2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

2.4

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current corporation tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the company operates and generates income.

2.5

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

BRITISH LION MUSIC LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

2.Accounting policies (continued)

2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment.

2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

2.8

Creditors

Short-term creditors are measured at the transaction price.

2.9

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from third parties and loans to related parties.

Employees

The average monthly number of employees, including directors, during the year was 2 (2024 - 2).

BRITISH LION MUSIC LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

4.	Fixed asset investments

		Investment in subsidiary company
		£
	Cost
	At 1 January 2025	2,000
	At 31 December 2025	2,000

Subsidiary undertaking
The following was a subsidiary undertaking of the company:
Name	Registered office	Class of shares	Holding

Box & Cox Publications Limited

27 Abbey Gardens, London, NW8 9AS

Ordinary

60%

Debtors

					2025	2024
					£	£


Trade debtors	117	-
Other debtors	245	-
	362	-

6.	Cash and cash equivalents
		2025	2024
		£	£

	Cash at bank and in hand	41,871	42,947

BRITISH LION MUSIC LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

7.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Trade creditors	19,109	14,730
Amounts owed to group undertakings	100	100
Other taxation and social security	-	61
Other creditors	108	255
Accruals	23,476	28,400
	42,793	43,546

8.	Share capital
		2025	2024
		£	£

Allotted, called up and fully paid

90 Ordinary shares of £1.00 each	90	90
10 Preference shares of £1.00 each	10	10

	100	100

9.	Related party transactions
	As at the balance sheet date, the company owed £100 (2024 - £100) to Box & Cox Publications Limited.