Bucks Music Group Limited

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

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

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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

The notes on pages 3 to 7 form part of these 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%

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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.

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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)

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

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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.

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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.

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