Company Registration No. 12936062 (England and Wales)
SOUND4PIC LTD
Unaudited accounts
for the year ended 31 October 2023
SOUND4PIC LTD
Unaudited accounts
Contents
SOUND4PIC LTD
Company Information
for the year ended 31 October 2023
Company Number
12936062 (England and Wales)
Registered Office
FLAT 12 463 PURLEY WAY
CROYDON
CR0 4RG
ENGLAND
Accountants
Fanla & Co
Unit 10 Warwick House
Overton Road
London
SW9 7JP
SOUND4PIC LTD
Statement of financial position
as at 31 October 2023
Tangible assets
5,179
6,369
Cash at bank and in hand
7
2,597
Creditors: amounts falling due within one year
(2,045)
(3,726)
Net current liabilities
(2,038)
(1,129)
Called up share capital
1
1
Profit and loss account
3,140
5,239
Shareholders' funds
3,141
5,240
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 July 2024 and were signed on its behalf by
Hosea Ntaborwa
Director
Company Registration No. 12936062
SOUND4PIC LTD
Notes to the Accounts
for the year ended 31 October 2023
SOUND4PIC LTD is a private company, limited by shares, registered in England and Wales, registration number 12936062. The registered office is FLAT 12 463 PURLEY WAY, CROYDON, CR0 4RG, ENGLAND.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% on reducing balance
Other tangible fixed assets
25% on reducing balance
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 November 2022
5,614
5,236
10,850
At 31 October 2023
5,614
5,772
11,386
At 1 November 2022
2,457
2,024
4,481
Charge for the year
789
937
1,726
At 31 October 2023
3,246
2,961
6,207
At 31 October 2023
2,368
2,811
5,179
At 31 October 2022
3,157
3,212
6,369
SOUND4PIC LTD
Notes to the Accounts
for the year ended 31 October 2023
5
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
451
1,209
Loans from directors
794
2,017
6
Average number of employees
During the year the average number of employees was 1 (2022: 1).