REGISTERED NUMBER: 09679140 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2025

FOR

GAS MUSIC LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

G M Hilton

G W R Owens

J A Jones

REGISTERED OFFICE:

6th Floor The Landing

Media City Uk

Salford

M50 2ST

REGISTERED NUMBER:

09679140 (England and Wales)

ACCOUNTANTS:

Whitehead & Howarth

327 Clifton Drive South

Lytham St Annes

Lancashire

FY8 1HN

FIXED ASSETS

Property, plant and equipment

4

4,427

7,557

CURRENT ASSETS

Debtors

42,537

77,261

Cash at bank

41,284

55,343

83,821

132,604

CREDITORS

Amounts falling due within one year

114,433

91,217

NET CURRENT (LIABILITIES)/ASSETS

(30,612

)

41,387

TOTAL ASSETS LESS CURRENT LIABILITIES

(26,185

)

48,944

CREDITORS

Amounts falling due after more than one year

(22,114

)

(2,083

)

PROVISIONS FOR LIABILITIES

-

(1,436

)

NET (LIABILITIES)/ASSETS

(48,299

)

45,425

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

(48,301

)

45,423

(48,299

)

45,425

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31st December 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 17th September 2026 and were signed on its behalf by:

J A Jones - Director

1.	STATUTORY INFORMATION

Gas Music Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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 historical cost convention.

Turnover

Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

20% on cost

Computer equipment

-

33% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Foreign currencies

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 rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Going concern

At 31 December 2025, the company had net liabilities of £48,299. The directors have reviewed the current and anticipated future trading conditions and believe that, with their continued support, together with the measures being taken to control costs and secure new business opportunities, the company will have sufficient resources to continue trading and to meet its obligations as they fall due. Accordingly, the directors consider it appropriate to prepare the financial statements on a going concern basis.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 5 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Totals

£

COST

At 1st January 2025

50,045

Additions

1,398

At 31st December 2025

51,443

DEPRECIATION

At 1st January 2025

42,488

Charge for year

4,528

At 31st December 2025

47,016

NET BOOK VALUE

At 31st December 2025

4,427

At 31st December 2024

7,557

5.	SECURED DEBTS

The following secured debts are included within creditors:

31/12/25

31/12/24

£

£

Bank loans

31,477

-

During the year, the company entered into a loan agreement with Funding Circle. The obligations under the loan are supported by personal guarantees provided by the Company's three directors. No amounts were outstanding under the guarantees at the year end other than the Company's obligations under the loan agreement.