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Registered number: 02470247
Berkeley Music Limited
Unaudited Financial Statements
For The Year Ended 31 December 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 02470247
2025 2024
Notes £ £ £ £
CURRENT ASSETS
Cash at bank and in hand 281,031 276,100
281,031 276,100
Creditors: Amounts Falling Due Within One Year 5 (13,297 ) (19,248 )
NET CURRENT ASSETS (LIABILITIES) 267,734 256,852
TOTAL ASSETS LESS CURRENT LIABILITIES 267,734 256,852
NET ASSETS 267,734 256,852
CAPITAL AND RESERVES
Called up share capital 6 100 100
Profit and Loss Account 267,634 256,752
SHAREHOLDERS' FUNDS 267,734 256,852
Page 1
Page 2
For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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 26 August 2026 and were signed on its behalf by:
Ms Rachel Portman
Director
26 August 2026
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Berkeley Music Limited is a private company, limited by shares, incorporated in England & Wales, registered number 02470247 . The registered office is 123 Queen Alexandra Mansions Tonbridge Street, London, WC1H 9DW.
The company's principal activity continues to be that of music publishers.
2. Statement of Compliance
The financial statements have been prepared 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.
3. Accounting Policies
3.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention.
3.2. Turnover
Turnover 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 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.
3.3. Interest Receivable
Interest income is recognised using the effective interest method.
3.4. Foreign Currencies
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and nonputtable 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.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance
sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the
transaction. Exchange differences are taken into account in arriving at the operating profit.
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3.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3.6. 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.
4. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2024: NIL)
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5. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 8,905 15,015
Other creditors 1,832 1,723
Taxation and social security 2,560 2,510
13,297 19,248
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6. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
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