Company No: 12302569 (England and Wales)

Contents

• Statement of Financial Position
• Notes to the Financial Statements

	Note	31.12.2025		30.08.2024
		£		£
Fixed assets
Intangible assets	3	339,920		437,040
Tangible assets	4	838		3,635
		340,758		440,675
Current assets
Debtors	5	274,440		309,074
Cash at bank and in hand	6	38,265		54,753
		312,705		363,827
Creditors: amounts falling due within one year	7	( 329,000)		( 294,518)
Net current (liabilities)/assets		(16,295)		69,309
Total assets less current liabilities		324,463		509,984
Provision for liabilities		( 331)		( 901)
Net assets		324,132		509,083
Capital and reserves
Called-up share capital	8	180		180
Share premium account		469,269		469,269
Profit and loss account		( 145,317 )		39,634
Total shareholders' funds		324,132		509,083

For the financial period ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The members have not required the company to obtain an audit of its financial statements for the financial period 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 The Starwood Music Group Ltd (registered number: 12302569) were approved and authorised for issue by the Board of Directors. They were signed on its behalf by:

D Nicoll Director

24 October 2026

1. Accounting policies

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

General information and basis of accounting

The Starwood Music Group Ltd (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 35 Ballards Lane, London, N3 1XW, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include 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 £.

Going concern

The directors have assessed the Statement of Financial Position and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Reporting period length

The reporting period length is 16 months.

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. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Goodwill

10 years straight line

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.

25 % reducing balance

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 reporting date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

Provisions

Provisions are recognised when the company has a present obligation (legal or constructive) as a result of a past event, it is probable that the company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the reporting date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).

When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, a receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.

2. Employees

	Period from 31.08.2024 to 31.12.2025		Year ended 30.08.2024
	Number		Number
Monthly average number of persons employed by the company during the period, including directors	4		4

3. Intangible assets

	Goodwill		Total
	£		£
Cost
At 31 August 2024	728,400		728,400
At 31 December 2025	728,400		728,400
Accumulated amortisation
At 31 August 2024	291,360		291,360
Charge for the financial period	97,120		97,120
At 31 December 2025	388,480		388,480
Net book value
At 31 December 2025	339,920		339,920
At 30 August 2024	437,040		437,040

4. Tangible assets

	Plant and machinery etc.		Total
	£		£
Cost
At 31 August 2024	11,076		11,076
At 31 December 2025	11,076		11,076
Accumulated depreciation
At 31 August 2024	7,441		7,441
Charge for the financial period	2,797		2,797
At 31 December 2025	10,238		10,238
Net book value
At 31 December 2025	838		838
At 30 August 2024	3,635		3,635

5. Debtors

	31.12.2025		30.08.2024
	£		£
Trade debtors	27,759		70,010
Other debtors	246,681		239,064
	274,440		309,074

6. Cash and cash equivalents

	31.12.2025		30.08.2024
	£		£
Cash at bank and in hand	38,265		54,753

7. Creditors: amounts falling due within one year

	31.12.2025		30.08.2024
	£		£
Trade creditors	40,753		900
Taxation and social security	5,984		104,094
Other creditors	282,263		189,524
	329,000		294,518

8. Called-up share capital

	31.12.2025		30.08.2024
	£		£
Allotted, called-up and fully-paid
126 Ordinary shares of £ 1.00 each	126		126
54 Ordinary B shares of £ 1.00 each	54		54
	180		180