Company Registration No. 12411859 (England and Wales)
Chromium Music Group (UK) Limited
Unaudited accounts
for the year ended 31 January 2026
Chromium Music Group (UK) Limited
Unaudited accounts
Contents
Chromium Music Group (UK) Limited
Company Information
for the year ended 31 January 2026
Director
George David Farnon
Company Number
12411859 (England and Wales)
Registered Office
71-75 Shelton Street
Covent Garden
London
WC2H 9JQ
Accountants
Offshore Private Client Limited
Chromium Music Group (UK) Limited
Statement of financial position
as at 31 January 2026
Cash at bank and in hand
6,315
3,973
Creditors: amounts falling due within one year
(88,932)
(114,560)
Net current liabilities
(26,497)
(80,148)
Net liabilities
(26,497)
(80,148)
Called up share capital
100
100
Profit and loss account
(26,597)
(80,248)
Shareholders' funds
(26,497)
(80,148)
For the year ending 31 January 2026 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 21 August 2026 and were signed on its behalf by
George David Farnon
Director
Company Registration No. 12411859
Chromium Music Group (UK) Limited
Notes to the Accounts
for the year ended 31 January 2026
Chromium Music Group (UK) Limited is a private company, limited by shares, registered in England and Wales, registration number 12411859. The registered office is 71-75 Shelton Street, Covent Garden, London, WC2H 9JQ.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
These financial statements have been prepared on a going concern basis. The Company is currently in a net liabilities position, but the shareholders have indicated their willingness to support the company, to enable it to pay its debts as they fall due.
Amounts falling due within one year
Trade debtors
36,446
27,305
Chromium Music Group (UK) Limited
Notes to the Accounts
for the year ended 31 January 2026
5
Creditors: amounts falling due within one year
2026
2025
Trade creditors
23,870
21,906
Amounts owed to group undertakings and other participating interests
60,706
72,826
Other creditors
1,456
9,202
Loans from directors
-
281
The group undertaking loan owed to parent company, Chromium Music Group Limited, is unsecured, interest free and repayable on demand.
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
7
Average number of employees
During the year the average number of employees was 2 (2025: 2).