HOUNSLOW MUSIC SERVICE

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Auditor

WSM Advisors Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Trustees are satisfied that the financial statements of Hounslow Music Service should be prepared on a going concern basis. Once again HMS generated a surplus during the year ended 31 March 2025, maintaining reserves at over £400k at the balance sheet date. The level of reserves and cashflows should continue to be maintained in the coming years.”

Significant events

• “Effective from 2023/24, the Music Hub Programme was reorganised to create 43 structures in place of the 117 that previously existed. The DfE announced that the 7 Southwest London Music Services, comprising Croydon Music and Arts, Hounslow Music Service, Kingston Music Service, Merton Music Foundation, Richmond Music Trust, Sutton Music Trust and Wandsworth Music, would be required to report to ACE as a combined area. HMS, with the music services in the other six Southwest London local authorities, formed a new company, Southwest London Music, to coordinate centralised reporting to ACE and to distribute funding in line with DfE's published formula for funding at local authority level.”
• “As a result of the DfE announcement that they would no longer provide a grant to Independent Music Services to support the increased costs of the TPS from September 2024, HMS left the scheme July 2024. In mid-august DfE changed their position on no longer providing a grant to independent music services; however, for most services this was too late to re-enter the TPS. All staff were moved to the NEST scheme which is a defined contribution scheme rather than a defined benefit scheme.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

3

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +2.6%

  £1,424,884 → £1,461,741

• Cash

  +42.7%

  £299,188 → £426,828

• Net assets

  +1.3%

  £455,896 → £461,815

• Employees

  -7.2%

  69 → 64

• Profit before tax

  -87.8%

  £48,697 → £5,919

• Wages

  +4.6%

  £942,435 → £986,145

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers