REGISTERED NUMBER: 09212273 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

SCHOOL HOUSE MUSIC LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

S P Fawcett

REGISTERED OFFICE:

23 High Street

Pewsey

Wiltshire

SN9 5AF

REGISTERED NUMBER:

09212273 (England and Wales)

ACCOUNTANTS:

Macalvins Limited

Chartered Accountants

7 St John's Road

Harrow

Middlesex

HA1 2EY

FIXED ASSETS

Music

4

131,024

144,769

CURRENT ASSETS

Debtors

5

64,509

54,803

Cash at bank

128

-

64,637

54,803

CREDITORS

Amounts falling due within one year

6

1,030

997

NET CURRENT ASSETS

63,607

53,806

TOTAL ASSETS LESS CURRENT LIABILITIES

194,631

198,575

CAPITAL AND RESERVES

Called up share capital

4

4

Share premium Account

199,996

199,996

Retained earnings

(5,369

)

(1,425

)

SHAREHOLDERS' FUNDS

194,631

198,575

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

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

The director acknowledges his 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.

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

The financial statements were approved by the director and authorised for issue on 25 September 2026 and were signed by:

S P Fawcett - Director

1.	STATUTORY INFORMATION

School House 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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

Turnover represents income earned from music catalogues during the year.

Revenue recognition

Royalties from music copyrights is recognised by the company in the accounting period in which they relate to.

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.

Music catalogues are being amortised evenly over their estimated useful life of twenty years.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	INTANGIBLE FIXED ASSETS

Music

Catalogues

£

COST

At 1 January 2025

and 31 December 2025

274,889

AMORTISATION

At 1 January 2025

130,120

Amortisation for year

13,745

At 31 December 2025

143,865

NET BOOK VALUE

At 31 December 2025

131,024

At 31 December 2024

144,769

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed by related parties

59,099

47,559

Other debtors

5,410

7,244

64,509

54,803

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other creditors

1,030

997

7.	RELATED PARTY DISCLOSURES

Included within debtors as at the year end is £59,099 (2024: £47,559), an amount owed from Copyright Administration Services Limited, a related company where Mr. Simon Fawcett is also the director. The amount owed is unsecured and there are no specific terms to the repayment of this amount.

8.	ULTIMATE PARENT AND CONTROLLING PARTY

The company is a subsidiary of Copyright Administration Services Limited, a company registered in England and Wales.The director consider Copyright Administration Services Limited to be the ultimate controlling party.