Company Registration No. 11890270 (England and Wales)
CIRCLE ONE AUDIO VISUAL LIMITED
Unaudited accounts
for the year ended 31 March 2024
CIRCLE ONE AUDIO VISUAL LIMITED
Unaudited accounts
Contents
CIRCLE ONE AUDIO VISUAL LIMITED
Company Information
for the year ended 31 March 2024
Company Number
11890270 (England and Wales)
Registered Office
THE MALTINGS
EAST TYNDALL STREET
CARDIFF
CF24 5EA
WALES
Accountants
williams lester accountants ltd
12 Cwrt Y Parc, Earlswood Road
Llanishen
Cardiff
Cardiff
CF14 5GH
CIRCLE ONE AUDIO VISUAL LIMITED
Statement of financial position
as at 31 March 2024
Intangible assets
6,600
7,700
Tangible assets
10,223
1,779
Cash at bank and in hand
37,649
8,396
Creditors: amounts falling due within one year
(99,464)
(177,140)
Net current assets
46,621
46,386
Total assets less current liabilities
63,444
55,865
Provisions for liabilities
Called up share capital
100
100
Profit and loss account
63,006
55,427
Shareholders' funds
63,106
55,527
For the year ending 31 March 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.
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 19 December 2024 and were signed on its behalf by
A Humphrey
Director
Company Registration No. 11890270
CIRCLE ONE AUDIO VISUAL LIMITED
Notes to the Accounts
for the year ended 31 March 2024
CIRCLE ONE AUDIO VISUAL LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11890270. The registered office is THE MALTINGS, EAST TYNDALL STREET, CARDIFF, CF24 5EA, WALES.
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:
Motor vehicles
20% reducing balance
Fixtures & fittings
20% reducing balance
Computer equipment
33% straight line
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
CIRCLE ONE AUDIO VISUAL LIMITED
Notes to the Accounts
for the year ended 31 March 2024
5
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2023
-
3,528
3,528
At 31 March 2024
11,000
3,528
14,528
At 1 April 2023
-
1,749
1,749
Charge for the year
2,200
356
2,556
At 31 March 2024
2,200
2,105
4,305
At 31 March 2024
8,800
1,423
10,223
At 31 March 2023
-
1,779
1,779
Amounts falling due within one year
Trade debtors
97,707
202,198
Accrued income and prepayments
1,920
1,920
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
21,764
31,865
Obligations under finance leases and hire purchase contracts
9,140
-
Trade creditors
18,798
89,959
Taxes and social security
12,541
15,551
Loans from directors
(10,272)
640
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).