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REGISTERED NUMBER: SC258755 (Scotland)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2022

FOR

SOUND TECHNOLOGY AUDIO-VISUAL LIMITED

SOUND TECHNOLOGY AUDIO-VISUAL LIMITED (REGISTERED NUMBER: SC258755)






CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 31 January 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SOUND TECHNOLOGY AUDIO-VISUAL LIMITED

COMPANY INFORMATION
For The Year Ended 31 January 2022







DIRECTORS: E Wiseman
Mrs N Wiseman
C Wiseman





SECRETARY: Mrs N Wiseman





REGISTERED OFFICE: Taxwright
65 Moss Street
Keith
Banffshire
AB55 5HE





REGISTERED NUMBER: SC258755 (Scotland)





ACCOUNTANT: TAXWRIGHT LTD
65 Moss Street
Keith
Moray
AB55 5HE

SOUND TECHNOLOGY AUDIO-VISUAL LIMITED (REGISTERED NUMBER: SC258755)

BALANCE SHEET
31 January 2022

31/1/22 31/1/21
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 104,561 90,934

CURRENT ASSETS
Stocks 32,500 32,000
Debtors 5 8,037 2,691
Investments 6 30,000 30,000
Cash at bank and in hand 58,264 4,558
128,801 69,249
CREDITORS
Amounts falling due within one year 7 184,199 177,298
NET CURRENT LIABILITIES (55,398 ) (108,049 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

49,163

(17,115

)

CREDITORS
Amounts falling due after more than one
year

8

50,482

40,000
NET LIABILITIES (1,319 ) (57,115 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (1,419 ) (57,215 )
SHAREHOLDERS' FUNDS (1,319 ) (57,115 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2022 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.

SOUND TECHNOLOGY AUDIO-VISUAL LIMITED (REGISTERED NUMBER: SC258755)

BALANCE SHEET - continued
31 January 2022


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 Board of Directors and authorised for issue on 31 August 2022 and were signed on its behalf by:





E Wiseman - Director


SOUND TECHNOLOGY AUDIO-VISUAL LIMITED (REGISTERED NUMBER: SC258755)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 31 January 2022

1. STATUTORY INFORMATION

Sound Technology Audio-visual Limited is a private company, limited by shares , registered in Scotland. 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 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2021 - 5 ) .

SOUND TECHNOLOGY AUDIO-VISUAL LIMITED (REGISTERED NUMBER: SC258755)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 January 2022

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 February 2021 109,418
Additions 29,506
Disposals (11,000 )
At 31 January 2022 127,924
DEPRECIATION
At 1 February 2021 18,484
Charge for year 4,879
At 31 January 2022 23,363
NET BOOK VALUE
At 31 January 2022 104,561
At 31 January 2021 90,934

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/1/22 31/1/21
£    £   
Other debtors 8,037 2,691

6. CURRENT ASSET INVESTMENTS
31/1/22 31/1/21
£    £   
Investment 30,000 30,000

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/1/22 31/1/21
£    £   
Bank loans and overdrafts 114 290
Other creditors 184,085 177,008
184,199 177,298

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31/1/22 31/1/21
£    £   
Bank loans 34,037 40,000
Hire purchase contracts 16,445 -
50,482 40,000