Company Registration No. 04725111 (England and Wales)
David Groom Sound Limited
Unaudited accounts
for the year ended 30 April 2024
David Groom Sound Limited
Unaudited accounts
Contents
David Groom Sound Limited
Company Information
for the year ended 30 April 2024
Company Number
04725111 (England and Wales)
Registered Office
37 HENKA ROAD
PENLEY
WREXHAM
CLWYD
LL13 0QE
David Groom Sound Limited
Statement of financial position
as at 30 April 2024
Intangible assets
(1,248)
312
Tangible assets
289,560
193,856
Investment property
432,631
432,631
Cash at bank and in hand
103,192
155,352
Creditors: amounts falling due within one year
(106,547)
(132,561)
Net current assets
89,334
108,962
Total assets less current liabilities
810,277
735,761
Provisions for liabilities
Deferred tax
(35,370)
(35,370)
Net assets
774,907
700,391
Called up share capital
2
2
Profit and loss account
774,905
700,389
Shareholders' funds
774,907
700,391
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 director acknowledges his 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 and authorised for issue on 3 December 2024 and were signed on its behalf by
David John Groom
Director
Company Registration No. 04725111
David Groom Sound Limited
Notes to the Accounts
for the year ended 30 April 2024
David Groom Sound Limited is a private company, limited by shares, registered in England and Wales, registration number 04725111. The registered office is 37 HENKA ROAD, PENLEY, WREXHAM, CLWYD, LL13 0QE.
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:
Plant & machinery
10% reducing balance
Motor vehicles
25% reducing balance
Computer equipment
25% reducing balance
Other tangible fixed assets
5% straight line
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Total
David Groom Sound Limited
Notes to the Accounts
for the year ended 30 April 2024
5
Tangible fixed assets
Total
Charge for the year
22,341
6
Average number of employees
During the year the average number of employees was 1 (2023: 1).