2022-03-012023-02-282023-02-28false01976692CHROMAUDIO LIMITED2023-10-2774909iso4217:GBPxbrli:pure019766922022-03-01019766922023-02-28019766922022-03-012023-02-28019766922021-03-01019766922022-02-28019766922021-03-012022-02-2801976692bus:SmallEntities2022-03-012023-02-2801976692bus:AuditExempt-NoAccountantsReport2022-03-012023-02-2801976692bus:AbridgedAccounts2022-03-012023-02-2801976692bus:PrivateLimitedCompanyLtd2022-03-012023-02-2801976692core:WithinOneYear2023-02-2801976692core:AfterOneYear2023-02-2801976692core:WithinOneYear2022-02-2801976692core:AfterOneYear2022-02-2801976692core:ShareCapital2023-02-2801976692core:SharePremium2023-02-2801976692core:RevaluationReserve2023-02-2801976692core:OtherReservesSubtotal2023-02-2801976692core:RetainedEarningsAccumulatedLosses2023-02-2801976692core:ShareCapital2022-02-2801976692core:SharePremium2022-02-2801976692core:RevaluationReserve2022-02-2801976692core:OtherReservesSubtotal2022-02-2801976692core:RetainedEarningsAccumulatedLosses2022-02-2801976692core:LandBuildings2023-02-2801976692core:PlantMachinery2023-02-2801976692core:Vehicles2023-02-2801976692core:FurnitureFittings2023-02-2801976692core:OfficeEquipment2023-02-2801976692core:NetGoodwill2023-02-2801976692core:IntangibleAssetsOtherThanGoodwill2023-02-2801976692core:ListedExchangeTraded2023-02-2801976692core:UnlistedNon-exchangeTraded2023-02-2801976692core:LandBuildings2022-02-2801976692core:PlantMachinery2022-02-2801976692core:Vehicles2022-02-2801976692core:FurnitureFittings2022-02-2801976692core:OfficeEquipment2022-02-2801976692core:NetGoodwill2022-02-2801976692core:IntangibleAssetsOtherThanGoodwill2022-02-2801976692core:ListedExchangeTraded2022-02-2801976692core:UnlistedNon-exchangeTraded2022-02-2801976692core:LandBuildings2022-03-012023-02-2801976692core:PlantMachinery2022-03-012023-02-2801976692core:Vehicles2022-03-012023-02-2801976692core:FurnitureFittings2022-03-012023-02-2801976692core:OfficeEquipment2022-03-012023-02-2801976692core:NetGoodwill2022-03-012023-02-2801976692core:IntangibleAssetsOtherThanGoodwill2022-03-012023-02-2801976692core:ListedExchangeTraded2022-03-012023-02-2801976692core:UnlistedNon-exchangeTraded2022-03-012023-02-2801976692core:MoreThanFiveYears2022-03-012023-02-2801976692core:Non-currentFinancialInstruments2023-02-2801976692core:Non-currentFinancialInstruments2022-02-2801976692dpl:CostSales2022-03-012023-02-2801976692dpl:DistributionCosts2022-03-012023-02-2801976692core:LandBuildings2022-03-012023-02-2801976692core:PlantMachinery2022-03-012023-02-2801976692core:Vehicles2022-03-012023-02-2801976692core:FurnitureFittings2022-03-012023-02-2801976692core:OfficeEquipment2022-03-012023-02-2801976692dpl:AdministrativeExpenses2022-03-012023-02-2801976692core:NetGoodwill2022-03-012023-02-2801976692core:IntangibleAssetsOtherThanGoodwill2022-03-012023-02-2801976692dpl:GroupUndertakings2022-03-012023-02-2801976692dpl:ParticipatingInterests2022-03-012023-02-2801976692dpl:GroupUndertakingscore:ListedExchangeTraded2022-03-012023-02-2801976692core:ListedExchangeTraded2022-03-012023-02-2801976692dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-03-012023-02-2801976692core:UnlistedNon-exchangeTraded2022-03-012023-02-2801976692dpl:CostSales2021-03-012022-02-2801976692dpl:DistributionCosts2021-03-012022-02-2801976692core:LandBuildings2021-03-012022-02-2801976692core:PlantMachinery2021-03-012022-02-2801976692core:Vehicles2021-03-012022-02-2801976692core:FurnitureFittings2021-03-012022-02-2801976692core:OfficeEquipment2021-03-012022-02-2801976692dpl:AdministrativeExpenses2021-03-012022-02-2801976692core:NetGoodwill2021-03-012022-02-2801976692core:IntangibleAssetsOtherThanGoodwill2021-03-012022-02-2801976692dpl:GroupUndertakings2021-03-012022-02-2801976692dpl:ParticipatingInterests2021-03-012022-02-2801976692dpl:GroupUndertakingscore:ListedExchangeTraded2021-03-012022-02-2801976692core:ListedExchangeTraded2021-03-012022-02-2801976692dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-03-012022-02-2801976692core:UnlistedNon-exchangeTraded2021-03-012022-02-2801976692core:NetGoodwill2023-02-2801976692core:IntangibleAssetsOtherThanGoodwill2023-02-2801976692core:LandBuildings2023-02-2801976692core:PlantMachinery2023-02-2801976692core:Vehicles2023-02-2801976692core:FurnitureFittings2023-02-2801976692core:OfficeEquipment2023-02-2801976692core:AfterOneYear2023-02-2801976692core:WithinOneYear2023-02-2801976692core:ListedExchangeTraded2023-02-2801976692core:UnlistedNon-exchangeTraded2023-02-2801976692core:ShareCapital2023-02-2801976692core:SharePremium2023-02-2801976692core:RevaluationReserve2023-02-2801976692core:OtherReservesSubtotal2023-02-2801976692core:RetainedEarningsAccumulatedLosses2023-02-2801976692core:NetGoodwill2022-02-2801976692core:IntangibleAssetsOtherThanGoodwill2022-02-2801976692core:LandBuildings2022-02-2801976692core:PlantMachinery2022-02-2801976692core:Vehicles2022-02-2801976692core:FurnitureFittings2022-02-2801976692core:OfficeEquipment2022-02-2801976692core:AfterOneYear2022-02-2801976692core:WithinOneYear2022-02-2801976692core:ListedExchangeTraded2022-02-2801976692core:UnlistedNon-exchangeTraded2022-02-2801976692core:ShareCapital2022-02-2801976692core:SharePremium2022-02-2801976692core:RevaluationReserve2022-02-2801976692core:OtherReservesSubtotal2022-02-2801976692core:RetainedEarningsAccumulatedLosses2022-02-2801976692core:NetGoodwill2021-03-0101976692core:IntangibleAssetsOtherThanGoodwill2021-03-0101976692core:LandBuildings2021-03-0101976692core:PlantMachinery2021-03-0101976692core:Vehicles2021-03-0101976692core:FurnitureFittings2021-03-0101976692core:OfficeEquipment2021-03-0101976692core:AfterOneYear2021-03-0101976692core:WithinOneYear2021-03-0101976692core:ListedExchangeTraded2021-03-0101976692core:UnlistedNon-exchangeTraded2021-03-0101976692core:ShareCapital2021-03-0101976692core:SharePremium2021-03-0101976692core:RevaluationReserve2021-03-0101976692core:OtherReservesSubtotal2021-03-0101976692core:RetainedEarningsAccumulatedLosses2021-03-0101976692core:AfterOneYear2022-03-012023-02-2801976692core:WithinOneYear2022-03-012023-02-2801976692core:Non-currentFinancialInstrumentscore:CostValuation2022-03-012023-02-2801976692core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-03-012023-02-2801976692core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-03-012023-02-2801976692core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-03-012023-02-2801976692core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-03-012023-02-2801976692core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-03-012023-02-2801976692core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-03-012023-02-2801976692core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-03-012023-02-2801976692core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-03-012023-02-2801976692core:Non-currentFinancialInstrumentscore:CostValuation2023-02-2801976692core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-02-2801976692core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-02-2801976692core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-02-2801976692core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-02-2801976692core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-02-2801976692core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-02-2801976692core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-02-2801976692core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-02-2801976692core:Non-currentFinancialInstrumentscore:CostValuation2022-02-2801976692core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-02-2801976692core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-02-2801976692core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-02-2801976692core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-02-2801976692core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-02-2801976692core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-02-2801976692core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-02-2801976692core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-02-2801976692bus:Director12022-03-012023-02-2801976692bus:Director22022-03-012023-02-28

CHROMAUDIO LIMITED

Registered Number
01976692
(England and Wales)

Unaudited Financial Statements for the Year ended
28 February 2023

CHROMAUDIO LIMITED
Company Information
for the year from 1 March 2022 to 28 February 2023

Directors

DENMAN, Graham
TAYLOR, Robert John

Company Secretary

DENMAN, Graham

Registered Address

6 St Nicholas Road
Hexham
Northumberland
NE46 2EZ

Registered Number

01976692 (England and Wales)
CHROMAUDIO LIMITED
Statement of Financial Position
28 February 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Tangible assets52537
2537
Current assets
Stocks700700
Debtors464504
Cash at bank and on hand7,2065,690
8,3706,894
Creditors amounts falling due within one year(2,153)(1,106)
Net current assets (liabilities)6,2175,788
Total assets less current liabilities6,2425,825
Net assets6,2425,825
Capital and reserves
Called up share capital22
Profit and loss account6,2405,823
Shareholders' funds6,2425,825
The financial statements were approved and authorised for issue by the Board of Directors on 27 October 2023, and are signed on its behalf by:
DENMAN, Graham
Director
Registered Company No. 01976692
CHROMAUDIO LIMITED
Notes to the Financial Statements
for the year ended 28 February 2023

1.Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
2.Compliance with applicable reporting framework
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
3.Accounting policies
Property, plant and equipment policy
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Reducing balance (%)
Plant and machinery33
Stocks policy
Stocks are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).
Revenue recognition policy
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Foreign currency translation and operations policy
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
4.Employee information

20232022
Average number of employees during the year00
5.Property, plant and equipment

Total

£
Cost or valuation
At 01 March 229,358
At 28 February 239,358
Depreciation and impairment
At 01 March 229,321
Charge for year12
At 28 February 239,333
Net book value
At 28 February 2325
At 28 February 2237