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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
Page
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David Groom Sound Limited Company Information for the year ended 30 April 2024
Director
David John Groom
Company Number
04725111 (England and Wales)
Registered Office
37 HENKA ROAD PENLEY WREXHAM CLWYD LL13 0QE
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David Groom Sound Limited Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
(1,248)
312 
Tangible assets
289,560 
193,856 
Investment property
432,631 
432,631 
720,943 
626,799 
Current assets
Inventories
500 
500 
Debtors
92,189 
85,671 
Cash at bank and in hand
103,192 
155,352 
195,881 
241,523 
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 
Capital and reserves
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
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David Groom Sound Limited Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
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.
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.
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
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Total 
£ 
Cost
At 1 May 2023
31,200 
At 30 April 2024
31,200 
Amortisation
At 1 May 2023
30,888 
Charge for the year
1,560 
At 30 April 2024
32,448 
Net book value
At 30 April 2024
(1,248)
At 30 April 2023
312 
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David Groom Sound Limited Notes to the Accounts for the year ended 30 April 2024
5
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 May 2023
907,203 
Additions
131,858 
Disposals
(58,319)
At 30 April 2024
980,742 
Depreciation
At 1 May 2023
713,347 
Charge for the year
22,341 
On disposals
(44,506)
At 30 April 2024
691,182 
Net book value
At 30 April 2024
289,560 
At 30 April 2023
193,856 
6
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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