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REGISTERED NUMBER: 11826971 (England and Wales)















FRACTURE SOUNDS LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023






FRACTURE SOUNDS LIMITED (REGISTERED NUMBER: 11826971)

CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 March 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


FRACTURE SOUNDS LIMITED

COMPANY INFORMATION
for the year ended 31 March 2023







DIRECTOR: W E Bedford





REGISTERED OFFICE: 2nd Floor Rear
Cloth Hall Chambers
12/14 Cloth Hall Street
Huddersfield
West Yorkshire
HD1 2EG





REGISTERED NUMBER: 11826971 (England and Wales)





ACCOUNTANTS: Sheards
Chartered Accountants
Vernon House
40 New North Road
Huddersfield
West Yorkshire
HD1 5LS

FRACTURE SOUNDS LIMITED (REGISTERED NUMBER: 11826971)

BALANCE SHEET
31 March 2023

2023 2022
Notes £    £   
FIXED ASSETS
Intangible assets 4 797 1,484
Tangible assets 5 22,827 7,536
23,624 9,020

CURRENT ASSETS
Debtors 6 40,519 21,277
Cash at bank 90,688 85,802
131,207 107,079
CREDITORS
Amounts falling due within one year 7 (57,827 ) (48,652 )
NET CURRENT ASSETS 73,380 58,427
TOTAL ASSETS LESS CURRENT
LIABILITIES

97,004

67,447

PROVISIONS FOR LIABILITIES 8 (4,951 ) (1,432 )
NET ASSETS 92,053 66,015

CAPITAL AND RESERVES
Called up share capital 10 10
Retained earnings 92,043 66,005
SHAREHOLDERS' FUNDS 92,053 66,015

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 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.

FRACTURE SOUNDS LIMITED (REGISTERED NUMBER: 11826971)

BALANCE SHEET - continued
31 March 2023


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 director and authorised for issue on 23 November 2023 and were signed by:





W E Bedford - Director


FRACTURE SOUNDS LIMITED (REGISTERED NUMBER: 11826971)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 March 2023


1. STATUTORY INFORMATION

Fracture Sounds 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 presentation currency of the financial statements is the Pound Sterling (£).


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 represented by the invoiced sales of good & services, excluding VAT, which are recognised when the services & goods are provided.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of ten years.

Computer software is being amortised evenly over its estimated useful life of ten years.

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 etc - 33% on cost and 15% on reducing balance

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.

FRACTURE SOUNDS LIMITED (REGISTERED NUMBER: 11826971)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 March 2023


2. ACCOUNTING POLICIES - continued

Hire purchase and 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 4 (2022 - 4 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 April 2022
and 31 March 2023 3,583
AMORTISATION
At 1 April 2022 2,099
Charge for year 687
At 31 March 2023 2,786
NET BOOK VALUE
At 31 March 2023 797
At 31 March 2022 1,484

FRACTURE SOUNDS LIMITED (REGISTERED NUMBER: 11826971)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 March 2023


5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2022 18,602
Additions 23,095
At 31 March 2023 41,697
DEPRECIATION
At 1 April 2022 11,066
Charge for year 7,804
At 31 March 2023 18,870
NET BOOK VALUE
At 31 March 2023 22,827
At 31 March 2022 7,536

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 38,275 19,730
Other debtors 2,244 1,547
40,519 21,277

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 8,264 1,746
Taxation and social security 10,730 17,575
Other creditors 38,833 29,331
57,827 48,652

8. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax 4,951 1,432

Deferred
tax
£   
Balance at 1 April 2022 1,432
Charge to Income Statement during year 3,519
Balance at 31 March 2023 4,951

FRACTURE SOUNDS LIMITED (REGISTERED NUMBER: 11826971)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 March 2023


9. RELATED PARTY DISCLOSURES

Loans owing to the directors on an interest free basis of £38,733 (2022: £29,236) were outstanding at the year end. This will be repaid when funds permit.