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REGISTERED NUMBER: 04454756 (England and Wales)









FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2023

FOR

SOUNDD LIMITED

SOUNDD LIMITED (REGISTERED NUMBER: 04454756)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SOUNDD LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2023







DIRECTOR: D P Williams





REGISTERED OFFICE: 107 Bell Street
London
NW1 6TL





REGISTERED NUMBER: 04454756 (England and Wales)





ACCOUNTANTS: Butters Gates & Company
Chartered Accountants
107 Bell Street
London
NW1 6TL

SOUNDD LIMITED (REGISTERED NUMBER: 04454756)

BALANCE SHEET
30 SEPTEMBER 2023

30.9.23 30.9.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 71,721 59,961

CURRENT ASSETS
Debtors 5 2,680 11,668
Cash at bank 122,387 123,315
125,067 134,983
CREDITORS
Amounts falling due within one year 6 29,912 36,885
NET CURRENT ASSETS 95,155 98,098
TOTAL ASSETS LESS CURRENT
LIABILITIES

166,876

158,059

CREDITORS
Amounts falling due after more than one
year

7

(4,200

)

(6,600

)

PROVISIONS FOR LIABILITIES (13,627 ) (11,393 )
NET ASSETS 149,049 140,066

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 149,048 140,065
SHAREHOLDERS' FUNDS 149,049 140,066

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

SOUNDD LIMITED (REGISTERED NUMBER: 04454756)

BALANCE SHEET - continued
30 SEPTEMBER 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 12 March 2024 and were signed by:





D P Williams - Director


SOUNDD LIMITED (REGISTERED NUMBER: 04454756)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023

1. STATUTORY INFORMATION

Soundd 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.

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.
Office equipment - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

SOUNDD LIMITED (REGISTERED NUMBER: 04454756)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2023

4. TANGIBLE FIXED ASSETS
Office Motor Computer
equipment vehicles equipment Totals
£    £    £    £   
COST
At 1 October 2022 139,403 28,035 5,302 172,740
Additions 44,709 - - 44,709
Disposals (89,081 ) - - (89,081 )
At 30 September 2023 95,031 28,035 5,302 128,368
DEPRECIATION
At 1 October 2022 95,325 12,264 5,190 112,779
Charge for year 19,936 3,942 28 23,906
Eliminated on disposal (80,038 ) - - (80,038 )
At 30 September 2023 35,223 16,206 5,218 56,647
NET BOOK VALUE
At 30 September 2023 59,808 11,829 84 71,721
At 30 September 2022 44,078 15,771 112 59,961

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.23 30.9.22
£    £   
Trade debtors 1,013 11,668
Other debtors 1,667 -
2,680 11,668

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.23 30.9.22
£    £   
Bank loans and overdrafts 2,400 2,400
Tax 6,877 10,332
Social security and other taxes 262 -
VAT 1,237 9,072
Directors' current accounts 16,186 12,131
Accrued expenses 2,950 2,950
29,912 36,885

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.9.23 30.9.22
£    £   
Bank loans - 1-2 years 4,200 4,800
Bank loans - 2-5 years - 1,800
4,200 6,600