REGISTERED NUMBER: 09283053 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2025

for

Music Business Worldwide Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

G Byrne

T S Ingham

D Roberts

REGISTERED OFFICE:

Unit 1

The Cam Centre

Wilbury Way

Hitchin

SG4 0TW

REGISTERED NUMBER:

09283053 (England and Wales)

ACCOUNTANTS:

Bracey's Accountants Limited

Unit 1 The Cam Centre

Wilbury Way

Hitchin

Hertfordshire

SG4 0TW

FIXED ASSETS

Tangible assets

4

699

1,516

Investments

5

10,500

1,500

11,199

3,016

CURRENT ASSETS

Debtors

6

395,462

259,001

Cash at bank

458,039

350,756

853,501

609,757

CREDITORS

Amounts falling due within one year

7

477,159

360,215

NET CURRENT ASSETS

376,342

249,542

TOTAL ASSETS LESS CURRENT LIABILITIES

387,541

252,558

PROVISIONS FOR LIABILITIES

65

-

NET ASSETS

387,476

252,558

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

387,474

252,556

387,476

252,558

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 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.

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 21 September 2026 and were signed on its behalf by:

T S Ingham - Director

1.	STATUTORY INFORMATION

Music Business Worldwide Ltd 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 Standards applicable in the UK and Republic of Ireland" including the provisions of the Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

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

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all the following conditions are satisfied;

- the amount of revenue can be measured reliably;

- it is probable that the Company will receive the consideration due under the contract;

- the stage of completion of the contract at the end of the reporting period can be measured reliably; and

- the costs incurred and the costs to complete the contract can be measured reliably.

Revenue from services is recognised over the period in which the services are provided. Where services have been provided but not yet invoiced at the reporting date, accrued income is recognised.

When amounts have been invoiced or received in advance of services being provided, deferred income is recognised.

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical costs less accumulated depreciation and any accumulated impairment losses. Historical costs includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the costs of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Office equipment - 33.33% on cost

Computer equipment - 33.33% on cost

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

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.

Pensions

Defined contribution pension plan

The company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of Financial Position. The assets of the plan are held separately from the Company in independently administered funds.

Financial instruments

Financial instruments are recognised in the Company's Statement of Financial Position when the Company becomes party to the contractual provisions of the instruments.

Fixed asset investments

Fixed asset investments represent investments held in subsidiary companies. The amounts are held at cost.

At each reporting date the investment is reviewed and any impairment is written off to the profit and loss account.

Trade debtors

Trade debtors are amounts due from customers for services performed in the ordinary course of business.

Trade debtors are recognised at the transaction price. They are subsequently measured at amortised costs using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all the amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement for at least 12 months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised at the transaction price. They are subsequently measured at amortised cost using the effective interest rate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2024 - 6 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 January 2025

and 31 December 2025

640

8,702

9,342

DEPRECIATION

At 1 January 2025

640

7,186

7,826

Charge for year

-

817

817

At 31 December 2025

640

8,003

8,643

NET BOOK VALUE

At 31 December 2025

-

699

699

At 31 December 2024

-

1,516

1,516

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 January 2025

1,500

Additions

9,000

At 31 December 2025

10,500

NET BOOK VALUE

At 31 December 2025

10,500

At 31 December 2024

1,500

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

350,969

245,407

Intercompany - The A&R Awards

2,745

3,045

Prepayments

7,054

10,549

Accrued income

34,694

-

395,462

259,001

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

1,536

-

Trade creditors

20,578

1,782

Tax

179,026

129,340

Social security and other taxes

101,826

56,522

VAT

34,717

31,553

Directors' current accounts

868

973

Accruals and deferred income

134,058

138,420

Accrued expenses

4,550

1,625

477,159

360,215

8.	RELATED PARTY DISCLOSURES

At the balance sheet date the company owed £868 (2024:£973) to the directors.There are no terms of repayment nor any interest being charged on this amount.

Included within debtors is an amount of £2,745 (2024: £3,045) due from a connected undertaking. This amount is free of interest.