Caseware UK (AP4) 2025.0.111 2025.0.111 2025-12-31 2025-12-31 2025-01-01 false music publishing 3 3 true true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 00846308 2025-01-01 2025-12-31 00846308 2024-01-01 2024-12-31 00846308 2025-12-31 00846308 2024-12-31 00846308 c:Director2 2025-01-01 2025-12-31 00846308 c:Director4 2025-01-01 2025-12-31 00846308 d:CurrentFinancialInstruments 2025-12-31 00846308 d:CurrentFinancialInstruments 2024-12-31 00846308 d:CurrentFinancialInstruments d:WithinOneYear 2025-12-31 00846308 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 00846308 d:ShareCapital 2025-12-31 00846308 d:ShareCapital 2024-12-31 00846308 d:CapitalRedemptionReserve 2025-12-31 00846308 d:CapitalRedemptionReserve 2024-12-31 00846308 d:RetainedEarningsAccumulatedLosses 2025-12-31 00846308 d:RetainedEarningsAccumulatedLosses 2024-12-31 00846308 c:OrdinaryShareClass1 2025-01-01 2025-12-31 00846308 c:OrdinaryShareClass1 2025-12-31 00846308 c:OrdinaryShareClass1 2024-12-31 00846308 c:FRS102 2025-01-01 2025-12-31 00846308 c:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 00846308 c:FullAccounts 2025-01-01 2025-12-31 00846308 c:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 00846308 2 2025-01-01 2025-12-31 00846308 e:PoundSterling 2025-01-01 2025-12-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 00846308 FABULOUS MUSIC LIMITED UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
FABULOUS MUSIC LIMITED REGISTERED NUMBER: 00846308 BALANCE SHEET AS AT 31 DECEMBER 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Current assets |  |  |  |  |
Stocks | 4 | - |  | 1 |
Debtors: amounts falling due within one year | 5 | 373,505 |  | 402,209 |
Cash at bank and in hand | 6 | 863,168 |  | 930,167 |
|  | 1,236,673 |  | 1,332,377 |
Creditors: amounts falling due within one year | 7 | (738,150) |  | (753,773) |
Net current assets |  |  | 498,523 |  | 578,604
Total assets less current liabilities |  |  | 498,523 |  | 578,604
Net assets |  |  | 498,523 |  | 578,604
Capital and reserves |  |  |  |  |
Called up share capital | 8 |  | 83 |  | 83
Capital redemption reserve |  |  | 17 |  | 17
Profit and loss account |  |  | 498,423 |  | 578,504
|  |  | 498,523 |  | 578,604
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FABULOUS MUSIC LIMITED REGISTERED NUMBER: 00846308 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:
L S Richmond | P D B Townshend
Director | Director
Date: 15 July 2026 |
The notes on pages 3 to 6 form part of these financial statements. 2
FABULOUS MUSIC LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
1. | General information
Fabulous Music Limited is a private company, limited by shares, registered in England and Wales, registration number 00846308. The registered office address is Suite 2.07, Plaza 535, Kings Road, London, SW10 0SZ. 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 Section 1A of the Financial Reporting Standard 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.
| 2.2 | Foreign currency translation
Functional and presentation currency The company's functional and presentational currency is pound sterling. Transactions and balances Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions. At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined. Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the profit and loss account. All other foreign exchange gains and losses are presented in the profit or loss account.
| 2.3 | 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 only to the extent that is probable that the company will be entitled to the consideration due under the contract Royalties receivable are recognised at the year end date by the company. Royalties payable are calculated by reference to statements of account used for determining royalties receivable. 3
FABULOUS MUSIC LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025 2.Accounting policies (continued)
| 2.4 | Interest income
Interest income is recognised in profit or loss using the effective interest method.
| 2.5 | 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.
| 2.6 | Stocks
Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.
| 2.7 | Debtors
Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.
| 2.8 | Cash
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.
| 2.9 | Creditors
Short-term creditors are measured at the transaction price. Other financial liabilities are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
| 2.10 | Financial instruments
The company enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities such as trade and other debtors, trade and other creditors, and loans with related parties.
| 2.11 | Dividends
Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting. 4
FABULOUS MUSIC LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
3. | Employees
| The average monthly number of employees, including directors, during the year was 3 (2024 - 3).
4. | Stocks
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Finished goods | - | 1
5. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade debtors | 69,515 | 86,457
| Amounts owed by associates | 302,330 | 313,338
| Other debtors | 1,660 | 2,414
|  | 373,505 | 402,209
6. | Cash
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Cash at bank | 863,168 | 930,167
7. | Creditors: amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Trade creditors | 448,498 | 436,381
| Corporation tax | 165,863 | 192,572
| Other taxation and social security | 29,662 | 37,115
| Other creditors | 85,595 | 79,174
| Accruals | 8,532 | 8,531
|  | 738,150 | 753,773
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FABULOUS MUSIC LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025
8. | Share capital
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
|  | Allotted, called up and fully paid |  |
|  | 83 (2024 - 83) Ordinary shares of £1.00 each | 83 | 83
9.Other financial commitments The directors proposed that a final dividend of £498,000 (2024 - £578,095) is payable for the year under review.
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