MASTER SONIC LTD

Company Registration Number:
12175759 (England and Wales)

Unaudited statutory accounts for the year ended 31 August 2023

Period of accounts

Start date: 01 September 2022

End date: 31 August 2023

MASTER SONIC LTD

Contents of the Financial Statements

for the Period Ended 31 August 2023

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

MASTER SONIC LTD

Company Information

for the Period Ended 31 August 2023




Director: Emil Ivanov Minkov
Registered office: 105
Swanmoor Crescent
Bristol
England
BS10 7EU
Company Registration Number: 12175759 (England and Wales)

MASTER SONIC LTD

Directors' Report Period Ended 31 August 2023

The directors present their report with the financial statements of the company for the period ended 31 August 2023

Principal Activities

The company's principal activity during the period was transportation support activities

Directors

The directors shown below have held office during the whole of the period from 01 September 2022 to 31 August 2023
Emil Ivanov Minkov

This report was approved by the board of directors on 2 April 2024
And Signed On Behalf Of The Board By:

Name: Emil Ivanov Minkov
Status: Director

MASTER SONIC LTD

Profit and Loss Account

for the Period Ended 31 August 2023


Notes

2023
£

2022
£
Turnover 31,764 25,867
Cost of sales ( 9,352 ) ( 11,084 )
Gross Profit or (Loss) 22,412 14,783
Administrative Expenses ( 21,212 ) ( 13,704 )
Operating Profit or (Loss) 1,200 1,079
Profit or (Loss) Before Tax 1,200 1,079
Tax on Profit ( 228 ) ( 205 )
Profit or (Loss) for Period 972 874

The notes form part of these financial statements

MASTER SONIC LTD

Balance sheet

As at 31 August 2023


Notes

2023
£

2022
£
Fixed assets
Total fixed assets: - -
Current assets
Cash at bank and in hand: 2,085 2,224
Total current assets: 2,085 2,224
Creditors: amounts falling due within one year: 4 ( 264 ) ( 522 )
Net current assets (liabilities): 1,821 1,702
Total assets less current liabilities: 1,821 1,702
Total net assets (liabilities): 1,821 1,702

The notes form part of these financial statements

MASTER SONIC LTD

Balance sheet continued

As at 31 August 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 1,721 1,602
Shareholders funds: 1,821 1,702

For the year ending 31 August 2023 the company was entitled to exemption 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 directors acknowledge their 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.

This report was approved by the board of directors on 2 April 2024
And Signed On Behalf Of The Board By:

Name: Emil Ivanov Minkov
Status: Director

The notes form part of these financial statements

MASTER SONIC LTD

Notes to the Financial Statements

for the Period Ended 31 August 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

MASTER SONIC LTD

Notes to the Financial Statements

for the Period Ended 31 August 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 1 1

MASTER SONIC LTD

Notes to the Financial Statements

for the Period Ended 31 August 2023

  • 3. Off balance sheet disclosure

    No

MASTER SONIC LTD

Notes to the Financial Statements

for the Period Ended 31 August 2023

4.Creditors: amounts falling due within one year note


2023
£

2022
£
Trade creditors 317
Taxation and social security 264 205
Total 264 522