IRIS Accounts Production v24.3.0.553 11826971 director 1.4.23 31.3.24 31.3.24 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh118269712023-03-31118269712024-03-31118269712023-04-012024-03-31118269712022-03-31118269712022-04-012023-03-31118269712023-03-3111826971ns15:EnglandWales2023-04-012024-03-3111826971ns14:PoundSterling2023-04-012024-03-3111826971ns10:Director12023-04-012024-03-3111826971ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3111826971ns10:SmallEntities2023-04-012024-03-3111826971ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3111826971ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3111826971ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3111826971ns10:FullAccounts2023-04-012024-03-311182697112023-04-012024-03-3111826971ns10:RegisteredOffice2023-04-012024-03-3111826971ns5:CurrentFinancialInstruments2024-03-3111826971ns5:CurrentFinancialInstruments2023-03-3111826971ns5:ShareCapital2024-03-3111826971ns5:ShareCapital2023-03-3111826971ns5:RetainedEarningsAccumulatedLosses2024-03-3111826971ns5:RetainedEarningsAccumulatedLosses2023-03-3111826971ns5:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-3111826971ns5:PatentsTrademarksLicencesConcessionsSimilar2023-04-012024-03-3111826971ns5:ComputerSoftware2023-04-012024-03-3111826971ns5:PlantMachinery2023-04-012024-03-3111826971ns5:IntangibleAssetsOtherThanGoodwill2023-03-3111826971ns5:IntangibleAssetsOtherThanGoodwill2024-03-3111826971ns5:IntangibleAssetsOtherThanGoodwill2023-03-3111826971ns5:PlantMachinery2023-03-3111826971ns5:PlantMachinery2024-03-3111826971ns5:PlantMachinery2023-03-3111826971ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-03-3111826971ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3111826971ns5:DeferredTaxation2023-03-3111826971ns5:DeferredTaxation2023-04-012024-03-3111826971ns5:DeferredTaxation2024-03-31
REGISTERED NUMBER: 11826971 (England and Wales)















FRACTURE SOUNDS LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024






FRACTURE SOUNDS LIMITED (REGISTERED NUMBER: 11826971)

CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 March 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


FRACTURE SOUNDS LIMITED

COMPANY INFORMATION
for the year ended 31 March 2024







DIRECTOR: W E Bedford





REGISTERED OFFICE: 2nd Floor Rear
Cloth Hall Chambers
12/14 Cloth Hall Street
Huddersfield
West Yorkshire
HD1 2EG





REGISTERED NUMBER: 11826971 (England and Wales)





ACCOUNTANTS: SMH Sheards
Chartered Accountants
Vernon House
40 New North Road
Huddersfield
West Yorkshire
HD1 5LS

FRACTURE SOUNDS LIMITED (REGISTERED NUMBER: 11826971)

BALANCE SHEET
31 March 2024

2024 2023
Notes £    £   
FIXED ASSETS
Intangible assets 4 353 797
Tangible assets 5 22,006 22,827
22,359 23,624

CURRENT ASSETS
Debtors 6 20,983 40,519
Cash at bank 99,331 90,688
120,314 131,207
CREDITORS
Amounts falling due within one year 7 (43,592 ) (57,827 )
NET CURRENT ASSETS 76,722 73,380
TOTAL ASSETS LESS CURRENT
LIABILITIES

99,081

97,004

PROVISIONS FOR LIABILITIES 8 (4,254 ) (4,951 )
NET ASSETS 94,827 92,053

CAPITAL AND RESERVES
Called up share capital 10 10
Retained earnings 94,817 92,043
SHAREHOLDERS' FUNDS 94,827 92,053

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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.

FRACTURE SOUNDS LIMITED (REGISTERED NUMBER: 11826971)

BALANCE SHEET - continued
31 March 2024


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.

The financial statements were approved by the director and authorised for issue on 1 November 2024 and were signed by:





W E Bedford - Director


FRACTURE SOUNDS LIMITED (REGISTERED NUMBER: 11826971)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 March 2024


1. STATUTORY INFORMATION

Fracture Sounds 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 represented by the invoiced sales of good & services, excluding VAT, which are recognised when the services & goods are provided.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of ten years.

Computer software is being amortised evenly over its estimated useful life of ten years.

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 etc - 33% on cost and 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.


FRACTURE SOUNDS LIMITED (REGISTERED NUMBER: 11826971)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 March 2024


2. ACCOUNTING POLICIES - continued
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.

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 5 (2023 - 4 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 April 2023 3,583
Additions 234
At 31 March 2024 3,817
AMORTISATION
At 1 April 2023 2,786
Charge for year 678
At 31 March 2024 3,464
NET BOOK VALUE
At 31 March 2024 353
At 31 March 2023 797

FRACTURE SOUNDS LIMITED (REGISTERED NUMBER: 11826971)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 March 2024


5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023 41,697
Additions 5,590
At 31 March 2024 47,287
DEPRECIATION
At 1 April 2023 18,870
Charge for year 6,411
At 31 March 2024 25,281
NET BOOK VALUE
At 31 March 2024 22,006
At 31 March 2023 22,827

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 19,162 38,275
Other debtors 1,821 2,244
20,983 40,519

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 10,136 8,264
Taxation and social security 15,023 10,730
Other creditors 18,433 38,833
43,592 57,827

8. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 4,254 4,951

FRACTURE SOUNDS LIMITED (REGISTERED NUMBER: 11826971)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 March 2024


8. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 April 2023 4,951
Credit to Income Statement during year (697 )
Balance at 31 March 2024 4,254

9. RELATED PARTY DISCLOSURES

Loans owing to the directors on an interest free basis of £18,327 (2023: £38,733) were outstanding at the year end. This will be repaid when funds permit.