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Company Registration No. 08069008 (England and Wales)
SIMPLY SOUND LIMITED Unaudited accounts for the year ended 30 April 2024
SIMPLY SOUND LIMITED Unaudited accounts Contents
Page
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SIMPLY SOUND LIMITED Company Information for the year ended 30 April 2024
Directors
S Playford H Playford
Company Number
08069008 (England and Wales)
Registered Office
UNIT 3C GILRAY ROAD DISS NORFOLK IP22 4EU ENGLAND
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SIMPLY SOUND LIMITED Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
77,167 
111,939 
Current assets
Inventories
917,351 
777,954 
Debtors
80,525 
155,945 
Cash at bank and in hand
208,975 
380,689 
1,206,851 
1,314,588 
Creditors: amounts falling due within one year
(838,880)
(1,005,038)
Net current assets
367,971 
309,550 
Total assets less current liabilities
445,138 
421,489 
Creditors: amounts falling due after more than one year
(44,215)
(76,735)
Net assets
400,923 
344,754 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
400,823 
344,654 
Shareholders' funds
400,923 
344,754 
For the year ending 30 April 2024 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 of Directors and authorised for issue on 12 October 2024 and were signed on its behalf by
S Playford Director Company Registration No. 08069008
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SIMPLY SOUND LIMITED Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
SIMPLY SOUND LIMITED is a private company, limited by shares, registered in England and Wales, registration number 08069008. The registered office is UNIT 3C, GILRAY ROAD, DISS, NORFOLK, IP22 4EU, 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.
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:
Motor vehicles
25% on reducing balance
Fixtures & fittings
15% on reducing balance
Computer equipment
33% on reducing balance
Other tangible fixed assets
15% on reducing balance
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 May 2023
229,666 
Additions
26,102 
Disposals
(55,751)
At 30 April 2024
200,017 
Depreciation
At 1 May 2023
117,727 
Charge for the year
26,895 
On disposals
(21,772)
At 30 April 2024
122,850 
Net book value
At 30 April 2024
77,167 
At 30 April 2023
111,939 
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SIMPLY SOUND LIMITED Notes to the Accounts for the year ended 30 April 2024
5
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
6
Average number of employees
During the year the average number of employees was 10 (2023: 10).
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