Company No: 01218391 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTORS	G Wayne
	J Wayne

SECRETARY

G Wayne

REGISTERED OFFICE	Lyndhurst
	Green Street
	Shenley
	WD7 9BD
	United Kingdom

COMPANY NUMBER

01218391 (England and Wales)

ACCOUNTANT	Gravita Business Services II Limited
	Aldgate Tower
	2 Leman Street
	London
	E1 8FA
	United Kingdom

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	3	12,252		6,275
Investments	4	201		201
		12,453		6,476
Current assets
Stocks		4,560		5,025
Debtors	5	1,202,141		1,020,338
Cash at bank and in hand		649,377		151,615
		1,856,078		1,176,978
Creditors: amounts falling due within one year	6	( 684,562)		( 633,500)
Net current assets		1,171,516		543,478
Total assets less current liabilities		1,183,969		549,954
Net assets		1,183,969		549,954
Capital and reserves
Called-up share capital		30,975		30,975
Profit and loss account		1,152,994		518,979
Total shareholder's funds		1,183,969		549,954

For the financial year ending 30 September 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Jeff Wayne Music Group Limited (registered number: 01218391) were approved and authorised for issue by the Board of Directors on 14 September 2026. They were signed on its behalf by:

J Wayne Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Jeff Wayne Music Group Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Lyndhurst, Green Street, Shenley, WD7 9BD, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Group accounts exemption

Group accounts exemption s399
The Company has taken advantage of the exemption under section 399 of the Companies Act 2006 not to prepare consolidated accounts, on the basis that the group of which this is the parent qualifies as a small group. The financial statements present information about the Company as an individual entity and not about its group.

Foreign currency

Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Balance Sheet date are reported at the rates of exchange prevailing at that date.

Exchange differences are recognised in the Statement of Income and Retained Earnings in the period in which they arise except for exchange differences arising on gains or losses on non-monetary items which are recognised in the Statement of Comprehensive Income.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes where applicable.

Revenue from contracts for the provision of services is recognised by reference to the date of completion of the services and the costs incurred in advance of the completion of the services.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Plant and machinery etc.

5 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

Fixed asset investments

Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

An associate is an entity, being neither a subsidiary nor a joint venture, in which the company holds a long-term interest and where the company has significant influence. The company considers that it has significant influence where it has the power to participate in the financial and operating decisions of the associate.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost includes materials, direct labour and an attributable proportion of manufacturing overheads based on normal levels of activity. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Financial assets are derecognised when and only when the contractual rights to the cash flows from the financial asset expire or are settled, or the Company transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or the Company, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Basic financial liabilities
Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Financial liabilities are derecognised when the Company's contractual obligations expire or are discharged or cancelled.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	3		3

3. Tangible assets

	Plant and machinery etc.		Total
	£		£
Cost
At 01 October 2024	435,343		435,343
Additions	8,625		8,625
At 30 September 2025	443,968		443,968
Accumulated depreciation
At 01 October 2024	429,068		429,068
Charge for the financial year	2,648		2,648
At 30 September 2025	431,716		431,716
Net book value
At 30 September 2025	12,252		12,252
At 30 September 2024	6,275		6,275

4. Fixed asset investments

Investments in subsidiaries

	2025
	£
Cost
At 01 October 2024	201
At 30 September 2025	201
Carrying value at 30 September 2025	201
Carrying value at 30 September 2024	201

Investments in shares

Name of entity	Registered office	Class of shares	Ownership 30.09.2025	Ownership 30.09.2024	Held
Jeff Wayne Music Publishing Limited	England and Wales	Ordinary	100.00%	100.00%	Direct
Oiliewood Recording Studios Limited	England and Wales	Ordinary	100.00%	100.00%	Direct
The WOW Recording Studios Limited	England and Wales	Ordinary	100.00%	100.00%	Indirect
Top Drawer Tours Limited	England and Wales	Ordinary	100.00%	100.00%	Direct

5. Debtors

	2025		2024
	£		£
Trade debtors	37,912		14,264
Amounts owed by Group undertakings	7,557		0
Corporation tax	303,366		235,385
Other debtors	853,306		770,689
	1,202,141		1,020,338

6. Creditors: amounts falling due within one year

	2025		2024
	£		£
Trade creditors	16,954		48,935
Amounts owed to Group undertakings	242,642		242,089
Taxation and social security	306,727		642
Other creditors	118,239		341,834
	684,562		633,500

7. Financial commitments

Other financial commitments

The company has given unlimited guarantees and a debenture to NatWest Bank Plc in respect of borrowings of certain subsidiaries. At 30 September 2025 there were no overdrawn balances.

The Royal Bank of Scotland Commercial Services Limited also hold a fixed and floating charge over all the assets of the company. This has been satisfied post year end on 2 July 2026.

8. Related party transactions

At the year end, the company owed £242 ,642 (2024 - £242,089 ) to Top Drawer Tours Limited, a 100% subsidiary company, in respect of an interest free loan which is repayable on demand.

At the year end, the company was owed £850,480 (2024 - £592,382 ) by the directors. Balances owed to the company by the directors had an interest rate of 2.25% applied.

At the year end, the company was owed £7,557 ( 2024 - £nil ) by JWMG Property Ltd, a company under the common control, in respect of an interest free loan which is repayable on demand.