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REGISTERED NUMBER: 08558985 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

Robins Audio Limited

Robins Audio Limited (Registered number: 08558985)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Robins Audio Limited

Company Information
for the Year Ended 31 December 2023







DIRECTOR: Mr Joshua Robins





REGISTERED OFFICE: Unit 2 Green Lane Industrial Estate
Thatcham
RG19 3RG





REGISTERED NUMBER: 08558985 (England and Wales)





ACCOUNTANTS: Inca Accountants Ltd
Chartered Certified Accountants
Central Office
Cobweb Buildings
The Lane, Lyford
Nr Wantage
Oxfordshire
OX12 0EE

Robins Audio Limited (Registered number: 08558985)

Balance Sheet
31 December 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 4 210,772 213,642

CURRENT ASSETS
Debtors 5 22,728 13,166
Cash at bank 10,390 6,026
33,118 19,192
CREDITORS: AMOUNTS FALLING
DUE WITHIN ONE YEAR

6

(161,038

)

(154,944

)
NET CURRENT LIABILITIES (127,920 ) (135,752 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

82,852

77,890

CREDITORS: AMOUNTS FALLING
DUE AFTER MORE THAN ONE
YEAR


7


(22,251


)


(30,441


)
NET ASSETS 60,601 47,449

CAPITAL AND RESERVES
Called up share capital 10 10
Retained earnings 60,591 47,439
60,601 47,449

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

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

Robins Audio Limited (Registered number: 08558985)

Balance Sheet - continued
31 December 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.

Approved and authorised by the director and authorised for issue on 24 April 2024 and were signed by:





Mr Joshua Robins - Director


Robins Audio Limited (Registered number: 08558985)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Robins Audio 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.
Plant and machinery - 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.

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 3 (2022 - 2 ) .

Robins Audio Limited (Registered number: 08558985)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1 January 2023 520,483
Additions 34,325
At 31 December 2023 554,808
DEPRECIATION
At 1 January 2023 306,841
Charge for year 37,195
At 31 December 2023 344,036
NET BOOK VALUE
At 31 December 2023 210,772
At 31 December 2022 213,642

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 22,728 13,166

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 9,838 9,838
Trade creditors 34,232 41,946
Taxation and social security 67,145 55,340
Other creditors 49,823 47,820
161,038 154,944

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2023 2022
£    £   
Bank loans 22,251 30,441