ACCOUNTS - Final Accounts

Registered number: 03028990

PIPELINE COMMUNICATIONS LIMITED

UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

PIPELINE COMMUNICATIONS LIMITED

REGISTERED NUMBER: 03028990

BALANCE SHEET

AS AT 31 JANUARY 2026

		2026		2025
Note		£		£


Current assets
Debtors: amounts falling due within one year	4	1,538		1,414
Cash at bank	5	46,161		49,003
		47,699		50,417
Creditors: amounts falling due within one year	6	(65,175)		(64,465)
Net current liabilities			(17,476)		(14,048)
Total assets less current liabilities			(17,476)		(14,048)

Net liabilities			(17,476)		(14,048)

Capital and reserves
Called up share capital	7	2	2
Profit and loss account		(17,478)	(14,050)
		(17,476)	(14,048)

PIPELINE COMMUNICATIONS LIMITED

REGISTERED NUMBER: 03028990

BALANCE SHEET (CONTINUED)

AS AT 31 JANUARY 2026

The director considers 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 director acknowledges his 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:

P D B Townshend

Director

Date: 22 July 2026

The notes on pages 3 to 4 form part of these financial statements.

PIPELINE COMMUNICATIONS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

1.	General information

Pipeline Communications Limited is a private company, limited by shares, registered in England and Wales, registration number 03028990. The registered office address is Elsley Court, 20-22 Great Titchfield Street, London, W1W 8BE.

The principal activity of the company continued to be that of the exploitation of musical work.

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

Going concern

The financial statements have been prepared on the going concern basis as the shareholder has confirmed he will continue to provide necessary funding in order for the company to maintain its operations and meet liabilities in full for at least the next 12 months. On this basis, the director is satisfied that the financial statements should be prepared on a going concern basis.

2.3

Interest income

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

2.4

Debtors

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

2.5

Cash

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

2.6

Creditors

Short-term creditors are measured at the transaction price.

2.7

Financial instruments

The company enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities such as other debtors, trade and other creditors, and loans with related parties.

Employees

The average monthly number of employees, including the director, during the year was 1 (2025 - 1).

PIPELINE COMMUNICATIONS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

Debtors

					2026	2025
					£	£


Other debtors	938	933
Prepayments	600	481
	1,538	1,414

5.	Cash
		2026	2025
		£	£

	Cash at bank	46,161	49,003

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

Trade creditors	710	-
Amounts owed to connected entities	7,875	7,875
Other creditors	55,590	55,590
Accruals	1,000	1,000
	65,175	64,465

7.	Share capital
		2026	2025
		£	£

Allotted, called up and fully paid

2 (2025 - 2) Ordinary shares of £1.00 each	2	2

8.	Related party transactions
	Included within creditors is a balance of £7,875 (2025 - £7,875) due to a company under common control. The loan is interest free, unsecured and repayable on demand.