Company registration number: NI621414
Annual report and unaudited financial statements
for the year ended 30 November 2025
for
Michael Bradley Music Limited
Pages for filing with the Registrar
Company registration number: NI621414
Michael Bradley Music Limited
Balance sheet
as at 30 November 2025
2025 2024
Note £ £ £ £
Fixed assets
Intangible assets 4 - 2,000
Tangible assets 5 24,521 28,848
24,521 30,848
Current assets
Debtors 6 1,309 2,180
Cash at bank and in hand 34,096 20,157
35,405 22,337
Creditors: amounts falling due within one year
7 (24,483) (21,527)
Net current assets 10,922 810
Total assets less current liabilities 35,443 31,658
Creditors: Amounts falling due after more than one year
8 (18,641) (23,173)
NET ASSETS 16,802 8,485
Capital and reserves
Called up share capital 1 1
Profit and loss account 16,801 8,484
TOTAL EQUITY 16,802 8,485
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 30 November 2025.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: NI621414
Michael Bradley Music Limited
Balance sheet - continued
as at 30 November 2025
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
In accordance with Section 444 of the Companies Act 2006, the Profit and loss account has not been delivered to the Registrar.
Signed by:
Mr M Bradley, Director
24 August 2026
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Michael Bradley Music Limited
Notes to the financial statements
for the year ended 30 November 2025
1 Company information
Michael Bradley Music Limited is a private company registered in Northern Ireland. Its registered number is NI621414. The company is limited by shares. Its registered office is 14 Hollywood Grove, Newry, County Down, BT34 1BN.
2 Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention.
Going concern
In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company’s ability to continue as a going concern. In making this assessment, the director takes into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The director considers that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.
Amortisation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Goodwill - 20% straight line
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc.:
Furniture & Fittings - 15% reducing balance
Motor Vehicles - 15% reducing balance
Computer Equipment - 15% reducing balance
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Michael Bradley Music Limited
Notes to the financial statements - continued
for the year ended 30 November 2025
2 Accounting policies - continued
Taxation
Taxation for the year comprises current taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
3 Average number of employees
During the year the average number of employees was 1 (2024 - 1).
4 Intangible assets
Goodwill
£
Cost
At 1 December 2024 10,000
At 30 November 2025 10,000
Amortisation
At 1 December 2024 8,000
Charge for year 2,000
At 30 November 2025 10,000
Net book value
At 30 November 2025 -
At 30 November 2024 2,000
5 Tangible fixed assets
Plant and machinery etc.

£
Cost
At 1 December 2024 35,418
At 30 November 2025 35,418
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Michael Bradley Music Limited
Notes to the financial statements - continued
for the year ended 30 November 2025
5 Tangible fixed assets - continued
Depreciation
At 1 December 2024 6,570
Charge for year 4,327
At 30 November 2025 10,897
Net book value
At 30 November 2025 24,521
At 30 November 2024 28,848
6 Debtors
2025 2024
£ £
Trade debtors 1,309 2,180
7 Creditors: amounts falling due within one year
2025 2024
£ £
Bank loans and overdrafts 1,505 7,937
Amounts owed to directors 396 1,232
Other creditors 16,652 8,478
Taxation 5,930 3,880
24,483 21,527
8 Creditors: amounts falling due after more than one year
2025 2024
£ £
Other loans - 1,111
Other creditors 18,641 22,062
18,641 23,173
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