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Company Registration No. NI627148 (Northern Ireland)
Autotune (NI) Limited Unaudited accounts for the year ended 31 October 2023
Autotune (NI) Limited Unaudited accounts Contents
Page
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Autotune (NI) Limited Company Information for the year ended 31 October 2023
Director
Mr Ryan Clarke
Secretary
Mr Ryan Clarke
Company Number
NI627148 (Northern Ireland)
Registered Office
Unit 10 Pennybridge Industrial Estate Ballymena Co Antrim BT42 3HB Northern Ireland
Accountants
TAG Accountants (N.I.) Ltd 81a Galgorm Road Ballymena Co Antrim BT42 1AA
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Autotune (NI) Limited Statement of financial position as at 31 October 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
168,956 
182,967 
Current assets
Inventories
1,525 
1,750 
Debtors
128 
128 
Cash at bank and in hand
264,792 
264,675 
266,445 
266,553 
Creditors: amounts falling due within one year
(67,887)
(57,884)
Net current assets
198,558 
208,669 
Total assets less current liabilities
367,514 
391,636 
Provisions for liabilities
Deferred tax
(12,610)
(13,310)
Net assets
354,904 
378,326 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
354,804 
378,226 
Shareholders' funds
354,904 
378,326 
For the year ending 31 October 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 27 February 2024 and were signed on its behalf by
Mr Ryan Clarke Director Company Registration No. NI627148
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Autotune (NI) Limited Notes to the Accounts for the year ended 31 October 2023
1
Statutory information
Autotune (NI) Limited is a private company, limited by shares, registered in Northern Ireland, registration number NI627148. The registered office is Unit 10, Pennybridge Industrial Estate, Ballymena, Co Antrim, BT42 3HB, Northern Ireland.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% Reducing Balance
Motor vehicles
20% Reducing Balance
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 November 2022
112,912 
115,009 
57,617 
285,538 
At 31 October 2023
112,912 
115,009 
57,617 
285,538 
Depreciation
At 1 November 2022
- 
72,488 
30,083 
102,571 
Charge for the year
- 
8,504 
5,507 
14,011 
At 31 October 2023
- 
80,992 
35,590 
116,582 
Net book value
At 31 October 2023
112,912 
34,017 
22,027 
168,956 
At 31 October 2022
112,912 
42,521 
27,534 
182,967 
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Autotune (NI) Limited Notes to the Accounts for the year ended 31 October 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
128 
128 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
21,215 
28,667 
VAT
27,981 
12,393 
Trade creditors
1,735 
4,386 
Taxes and social security
38,027 
33,029 
Loans from directors
(24,121)
(23,641)
Accruals
3,050 
3,050 
67,887 
57,884 
7
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
8
Average number of employees
During the year the average number of employees was 6 (2022: 4).
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