Acorah Software Products - Accounts Production 19.3.600 false true 30 June 2024 1 January 2023 false 1 July 2024 30 June 2025 30 June 2025 00919439 S P Liversedge S H Platz C Cavanagh iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 00919439 2024-06-30 00919439 2025-06-30 00919439 2024-07-01 2025-06-30 00919439 frs-core:CurrentFinancialInstruments 2025-06-30 00919439 frs-core:ComputerEquipment 2025-06-30 00919439 frs-core:ComputerEquipment 2024-07-01 2025-06-30 00919439 frs-core:ComputerEquipment 2024-06-30 00919439 frs-core:FurnitureFittings 2025-06-30 00919439 frs-core:FurnitureFittings 2024-07-01 2025-06-30 00919439 frs-core:FurnitureFittings 2024-06-30 00919439 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-06-30 00919439 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-07-01 2025-06-30 00919439 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-06-30 00919439 frs-core:MotorVehicles 2025-06-30 00919439 frs-core:MotorVehicles 2024-07-01 2025-06-30 00919439 frs-core:MotorVehicles 2024-06-30 00919439 frs-core:PlantMachinery 2024-07-01 2025-06-30 00919439 frs-core:WithinOneYear 2025-06-30 00919439 frs-core:CapitalRedemptionReserve 2025-06-30 00919439 frs-core:ShareCapital 2025-06-30 00919439 frs-core:RetainedEarningsAccumulatedLosses 2025-06-30 00919439 frs-bus:PrivateLimitedCompanyLtd 2024-07-01 2025-06-30 00919439 frs-bus:FilletedAccounts 2024-07-01 2025-06-30 00919439 frs-bus:SmallEntities 2024-07-01 2025-06-30 00919439 frs-bus:AuditExempt-NoAccountantsReport 2024-07-01 2025-06-30 00919439 frs-bus:SmallCompaniesRegimeForAccounts 2024-07-01 2025-06-30 00919439 frs-core:CostValuation 2024-06-30 00919439 frs-core:CostValuation 2025-06-30 00919439 frs-core:ProvisionsForImpairmentInvestments 2024-06-30 00919439 frs-core:ProvisionsForImpairmentInvestments 2025-06-30 00919439 frs-bus:Director1 2024-07-01 2025-06-30 00919439 frs-bus:Director1 2024-06-30 00919439 frs-bus:Director1 2025-06-30 00919439 frs-bus:Director2 2024-07-01 2025-06-30 00919439 frs-bus:CompanySecretary1 2024-07-01 2025-06-30 00919439 frs-countries:EnglandWales 2024-07-01 2025-06-30 00919439 2022-12-31 00919439 2024-06-30 00919439 2023-01-01 2024-06-30 00919439 frs-core:CurrentFinancialInstruments 2024-06-30 00919439 frs-core:BetweenOneFiveYears 2024-06-30 00919439 frs-core:WithinOneYear 2024-06-30 00919439 frs-core:CapitalRedemptionReserve 2024-06-30 00919439 frs-core:ShareCapital 2024-06-30 00919439 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30
Registered number: 00919439
Bucks Music Group Limited
Unaudited Financial Statements
For The Year Ended 30 June 2025
Bucks Music Group Limited
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—7

Page 1
Bucks Music Group Limited
Balance Sheet
As At 30 June 2025
Balance Sheet
Registered number: 00919439

| 30 June 2025 | 30 June 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 74,513 |  | 167,350
Investments | 5 |  | 6,003 |  | 6,003
|  |  | 80,516 |  | 173,353
CURRENT ASSETS
Debtors | 6 | 5,703,829 |  | 4,473,692 |
Cash at bank and in hand |  | 2,838,536 |  | 4,892,245 |
|  | 8,542,365 |  | 9,365,937 |
Creditors: Amounts Falling Due Within One Year | 7 | (8,539,782 ) |  | (9,418,797 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 2,583 |  | (52,860 )
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 83,099 |  | 120,493
NET ASSETS |  |  | 83,099 |  | 120,493
CAPITAL AND RESERVES
Called up share capital | 8 |  | 990 |  | 990
Capital redemption reserve |  |  | 1,316,010 |  | 1,316,010
Profit and Loss Account |  |  | (1,233,901 ) |  | (1,196,507 )
SHAREHOLDERS' FUNDS |  |  | 83,099 |  | 120,493

Page 1
Page 2
Bucks Music Group 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 members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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.
The financial statements were approved by the board of directors on 7 August 2026 and were signed on its behalf by:

S H Platz Director
7 August 2026

The notes on pages 3 to 7 form part of these financial statements.
Page 2
Page 3
Bucks Music Group Limited
Notes to the Financial Statements
For The Year Ended 30 June 2025
Notes to the Financial Statements
1. General Information
Bucks Music Group Limited is a private company, limited by shares, incorporated in England & Wales, registered number 00919439 . The registered office is Roundhouse, 212 Regent's Park Road, London, NW1 8AW.
The company's principal activity continues to be that of music publishers, record producers and the provision of management services.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and 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.
2.2. Turnover
Turnover and other revenue 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.
Royalty income
Royalty income is recognised on a notified earnings basis.
Other than where amounts are collected by the company’s overseas sub-publishers, royalties derived from the inclusion of the company’s copyrights on recorded music products or from performance are recognised when they are earned by the company from the relevant collection society or record company. Similarly, except for overseas collected amounts, royalties derived from the synchronisation of the company’s copyrights are recognised as earned. Royalty amounts collected overseas are recognised in the period the amounts are reportable to the company by the sub-publisher.
Fees for provision of management services
Fees for the provision of management services are recognised on a straight-line basis over the period to which they accrue.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Leasehold | 10%
Plant & Machinery | 20%
Motor Vehicles | 25%
Fixtures & Fittings | 25%
Computer Equipment | 25%

Page 3
Page 4
Bucks Music Group Limited
Notes to the Financial Statements (continued)
For The Year Ended 30 June 2025
At the end of each financial year, the tangible fixed assets are reviewed for any indication of impairment. If there are any losses then the carrying amounts of the tangible fixed assets are reduced to their estimated recoverable amounts and the impairment losses are recognised in the profit and loss account. If the impairment losses reverse, the carrying amounts are increased and the reversal is recognised in the profit and loss account.
2.4. Investments
The company’s investments are carried at cost, adjusted for impairment.
At the end of each financial year, the investments are reviewed for any indication of impairment loss. If there is any loss then the carrying amount of the investments is reduced to estimated recoverable amount and the impairment loss is recognised in the profit and loss account. If the impairment losses reverse, the carrying amount is increased and the reversal is recognised in the profit and loss account.
2.5. Interest Receivable
Interest income is recognised using the effective interest method.
2.6. Foreign Currencies
The financial statements are presented in sterling, and this is also the functional currency of the company. 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.
2.7. 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.
2.8. Pensions
The company operates a contributory defined contribution pension scheme for the benefit of its employees. The assets of the scheme are held separately from those of the company. Pension contributions are charged to the profit and loss account in the period in which they are incurred.
Page 4
Page 5
Bucks Music Group Limited
Notes to the Financial Statements (continued)
For The Year Ended 30 June 2025
2.9. Royalties payable
Royalties payable are charged to the profit and loss account to the extent that amounts are contractually paid or are payable in respect of the year under review. If any royalties payable are considered to be recoverable from future income, these are carried forward in debtors.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 27 (2024: 25)
27 25
4. Tangible Assets

| Land & Property
--- | ---
| Leasehold | Motor Vehicles | Fixtures & Fittings | Computer Equipment | Total
| £ | £ | £ | £ | £
Cost
As at 1 July 2024 | 785,388 | 121,519 | 171,153 | 300,158 | 1,378,218
Additions | - | - | - | 22,754 | 22,754
Disposals | - | - | - | (35,423 ) | (35,423 )
As at 30 June 2025 | 785,388 | 121,519 | 171,153 | 287,489 | 1,365,549
Depreciation
As at 1 July 2024 | 695,166 | 79,464 | 162,118 | 274,120 | 1,210,868
Provided during the period | 82,328 | 17,644 | 3,730 | 11,889 | 115,591
Disposals | - | - | - | (35,423 ) | (35,423 )
As at 30 June 2025 | 777,494 | 97,108 | 165,848 | 250,586 | 1,291,036
Net Book Value
As at 30 June 2025 | 7,894 | 24,411 | 5,305 | 36,903 | 74,513
As at 1 July 2024 | 90,222 | 42,055 | 9,035 | 26,038 | 167,350

Page 5
Page 6
Bucks Music Group Limited
Notes to the Financial Statements (continued)
For The Year Ended 30 June 2025
5. Investments

| Subsidiaries | Associates | Total
--- | --- | --- | ---
| £ | £ | £
Cost or Valuation
As at 1 July 2024 | 802 | 5,201 | 6,003
As at 30 June 2025 | 802 | 5,201 | 6,003
Provision
As at 1 July 2024 | - | - | -
As at 30 June 2025 | - | - | -
Net Book Value
As at 30 June 2025 | 802 | 5,201 | 6,003
As at 1 July 2024 | 802 | 5,201 | 6,003

6. Debtors

| 30 June 2025 |  | 30 June 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 3,298,483 |  | 3,331,277
Amounts owed by group undertakings | 1,888,342 |  | 435,553
Amounts owed by participating interests | 45,403 |  | -
Other debtors | 471,601 |  | 706,862
| 5,703,829 |  | 4,473,692

Other debtors includes £Nil (2024 - £18,500) due from the directors.
Trade debtors includes royalties paid of £2,250,989 (2024 - £2,256,235) considered recoupable of which some may be recovered within one year.
Within other debtors is an amount of £41,217 (2024 - £41,217) which may be receivable after more than one year.
Page 6
Page 7
Bucks Music Group Limited
Notes to the Financial Statements (continued)
For The Year Ended 30 June 2025
7. Creditors: Amounts Falling Due Within One Year

| 30 June 2025 |  | 30 June 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 7,632,612 |  | 7,573,426
Amounts owed to group undertakings | 15,155 |  | 47,444
Amounts owed to participating interests | 174,737 |  | 762,323
Other creditors | 571,075 |  | 926,729
Taxation and social security | 146,203 |  | 108,875
| 8,539,782 |  | 9,418,797

8. Share Capital

| 30 June 2025 |  | 30 June 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 990 |  | 990

9. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:

| 30 June 2025 |  | 30 June 2024
--- | --- | --- | ---
| £ |  | £
Not later than one year | 55,000 |  | 220,000
Later than one year and not later than five years | - |  | 55,000
| 55,000 |  | 275,000

Also the company is required to pay variable service charges in relation to the leasehold propety.
10. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:

| As at 1 July 2024 | Amounts advanced | Amounts repaid | Amounts written off | As at 30 June 2025
--- | --- | --- | --- | --- | ---
| £ | £ | £ | £ | £
Mr Simon Platz | 18,500 | - | 18,500 | - | -

The above loan is unsecured, interest free and repayable on demand.
Page 7