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REGISTERED NUMBER: 04940319 (England and Wales)









Unaudited Financial Statements

for the Year Ended 31 December 2021

for

MACH ACOUSTICS LIMITED

MACH ACOUSTICS LIMITED (REGISTERED NUMBER: 04940319)

Contents of the Financial Statements
FOR THE YEAR ENDED 31 DECEMBER 2021










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MACH ACOUSTICS LIMITED

Company Information
FOR THE YEAR ENDED 31 DECEMBER 2021







DIRECTOR: J P B Dos Santos Nunes





SECRETARY: T A Toal





REGISTERED OFFICE: 3rd Floor, 1 York Court
Upper York Street
Bristol
BS2 8QF





REGISTERED NUMBER: 04940319 (England and Wales)





ACCOUNTANTS: Haines Watts
Chartered Accountants
6-8 Bath Street
Bristol
BS1 6HL

MACH ACOUSTICS LIMITED (REGISTERED NUMBER: 04940319)

Balance Sheet
31 DECEMBER 2021

2021 2020
Notes £    £   
FIXED ASSETS
Tangible assets 4 16,156 14,073

CURRENT ASSETS
Debtors 5 308,788 392,994
Cash at bank 55,504 70,246
364,292 463,240
CREDITORS
Amounts falling due within one year 6 (132,035 ) (193,527 )
NET CURRENT ASSETS 232,257 269,713
TOTAL ASSETS LESS CURRENT
LIABILITIES

248,413

283,786

PROVISIONS FOR LIABILITIES (2,051 ) (1,177 )
NET ASSETS 246,362 282,609

CAPITAL AND RESERVES
Called up share capital 8 4 4
Retained earnings 246,358 282,605
SHAREHOLDERS' FUNDS 246,362 282,609

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2021 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.

MACH ACOUSTICS LIMITED (REGISTERED NUMBER: 04940319)

Balance Sheet - continued
31 DECEMBER 2021


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 Profit and Loss Account has not been delivered.

The financial statements were approved and authorised for issue by the director and authorised for issue on 16 August 2022 and were signed by:





J P B Dos Santos Nunes - Director


MACH ACOUSTICS LIMITED (REGISTERED NUMBER: 04940319)

Notes to the Financial Statements
FOR THE YEAR ENDED 31 DECEMBER 2021


1. COMPANY INFORMATION

Mach Acoustics 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 company's principal activities and nature of its operations are the provision of acoustic consultancy across all areas of the built environment.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" ("FRS 102") and the requirements of the Companies Act 2006.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared on the historical cost convention. The principal accounting policies adopted are set out below.

Going concern
The financial statements have been prepared on a going concern basis. The directors have a reasonable expectation that despite the adverse effects COVID-19 is having on both the company and the economy as a whole the company has adequate resources to continue in operational existence for the foreseeable future. On this basis, the directors have concluded that they can continue to adopt the going concern basis in preparing the financial statements.

Turnover
Turnover represents the total invoice value, excluding value added tax, of sales made during the year and derives from the provision of services falling within the company's ordinary activities.

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 - 25% on cost
Fixtures and fittings - 25% on cost
Motor vehicles - 25% on cost

Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

Financial instruments
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments. Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

MACH ACOUSTICS LIMITED (REGISTERED NUMBER: 04940319)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 DECEMBER 2021


2. ACCOUNTING POLICIES - continued

Basic financial assets
Basic financial assets, which include trade and other debtors, and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost. Financial assets are derecognised only when the contractual rights to the cash flows from the asset expire or are settled, or when the company transfers the financial asset and substantially all the risks and rewards of ownership to another entity, or if some significant risks and rewards of ownership are retained but control of the asset has transferred to another party that is able to sell the asset in its entirety to an unrelated third party.

Basic financial liabilities
Basic financial liabilities, including trade and other creditors are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. Financial liabilities are derecognised when, and only when, the company's contractual obligations are discharged, cancelled, or they expire.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 20 (2020 - 22 ) .

MACH ACOUSTICS LIMITED (REGISTERED NUMBER: 04940319)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 DECEMBER 2021


4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1 January 2021 59,012 90,839 6,850 156,701
Additions - 12,841 - 12,841
Disposals (33,792 ) (33,286 ) - (67,078 )
At 31 December 2021 25,220 70,394 6,850 102,464
DEPRECIATION
At 1 January 2021 57,357 82,971 2,300 142,628
Charge for year 859 7,987 1,712 10,558
Eliminated on disposal (33,792 ) (33,086 ) - (66,878 )
At 31 December 2021 24,424 57,872 4,012 86,308
NET BOOK VALUE
At 31 December 2021 796 12,522 2,838 16,156
At 31 December 2020 1,655 7,868 4,550 14,073

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
Trade debtors 232,821 293,637
Amounts recoverable on contracts 10,426 35,424
Other debtors 8,729 3,747
Tax 46,598 52,406
Prepayments 10,214 7,780
308,788 392,994

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
Trade creditors 9,772 3,183
Tax 3,070 52,054
Social security and other taxes 16,901 15,772
Pension creditor 3,274 3,222
VAT 95,746 109,919
Directors' current accounts 402 396
Accrued expenses 2,870 8,981
132,035 193,527

MACH ACOUSTICS LIMITED (REGISTERED NUMBER: 04940319)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 DECEMBER 2021


7. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2021 2020
£    £   
Within one year 7,600 -
Between one and five years 24,700 -
32,300 -

8. CALLED UP SHARE CAPITAL



Allotted, issued and fully paid:
Number: Class: Nominal 2021 2020
value: £    £   
3 Ordinary 1 3 3
1 Ordinary A 1 1 1
4 4