IRIS Accounts Production v24.3.2.46 01205342 Board of Directors 1.5.23 30.4.24 30.4.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh012053422023-04-30012053422024-04-30012053422023-05-012024-04-30012053422022-04-30012053422022-05-012023-04-30012053422023-04-3001205342ns15:EnglandWales2023-05-012024-04-3001205342ns14:PoundSterling2023-05-012024-04-3001205342ns10:Director12023-05-012024-04-3001205342ns10:PrivateLimitedCompanyLtd2023-05-012024-04-3001205342ns10:SmallEntities2023-05-012024-04-3001205342ns10:AuditExempt-NoAccountantsReport2023-05-012024-04-3001205342ns10:SmallCompaniesRegimeForDirectorsReport2023-05-012024-04-3001205342ns10:SmallCompaniesRegimeForAccounts2023-05-012024-04-3001205342ns10:FullAccounts2023-05-012024-04-3001205342ns10:Director22023-05-012024-04-3001205342ns10:Director32023-05-012024-04-3001205342ns10:CompanySecretary12023-05-012024-04-3001205342ns10:RegisteredOffice2023-05-012024-04-3001205342ns5:CurrentFinancialInstruments2024-04-3001205342ns5:CurrentFinancialInstruments2023-04-3001205342ns5:Non-currentFinancialInstruments2024-04-3001205342ns5:Non-currentFinancialInstruments2023-04-3001205342ns5:ShareCapital2024-04-3001205342ns5:ShareCapital2023-04-3001205342ns5:RetainedEarningsAccumulatedLosses2024-04-3001205342ns5:RetainedEarningsAccumulatedLosses2023-04-3001205342ns5:PlantMachinery2023-05-012024-04-3001205342ns5:PlantMachinery2023-04-3001205342ns5:PlantMachinery2024-04-3001205342ns5:PlantMachinery2023-04-3001205342ns5:CostValuation2023-04-3001205342ns5:AdditionsToInvestments2024-04-3001205342ns5:CostValuation2024-04-3001205342ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-04-3001205342ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-04-3001205342ns5:Non-currentFinancialInstrumentsns5:AfterOneYear2024-04-3001205342ns5:Non-currentFinancialInstrumentsns5:AfterOneYear2023-04-30
REGISTERED NUMBER: 01205342 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 April 2024

for

Weybridge Audio Limited

Weybridge Audio Limited (Registered number: 01205342)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Weybridge Audio Limited

Company Information
for the Year Ended 30 April 2024







DIRECTORS: Mrs T M Burden
J S Burden
M C Burden





SECRETARY: Mrs T M Burden





REGISTERED OFFICE: 5/6 Waterloo Terrace
Baker Street
Weybridge
Surrey
KT13 8BS





REGISTERED NUMBER: 01205342 (England and Wales)





ACCOUNTANTS: Dilena Limited
Nicholson House
41 Thames Street
Weybridge
Surrey
KT13 8JG

Weybridge Audio Limited (Registered number: 01205342)

Balance Sheet
30 April 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 11,576 7,047
Investments 5 38,129 35,832
49,705 42,879

CURRENT ASSETS
Inventories 303,996 387,406
Debtors 6 9,532 1,456
Cash at bank and in hand 307,836 431,395
621,364 820,257
CREDITORS
Amounts falling due within one year 7 206,205 200,399
NET CURRENT ASSETS 415,159 619,858
TOTAL ASSETS LESS CURRENT
LIABILITIES

464,864

662,737

CREDITORS
Amounts falling due after more than one
year

8

(22,876

)

(31,667

)

PROVISIONS FOR LIABILITIES (1,147 ) (1,147 )
NET ASSETS 440,841 629,923

CAPITAL AND RESERVES
Called up share capital 20,000 20,000
Retained earnings 420,841 609,923
SHAREHOLDERS' FUNDS 440,841 629,923

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Weybridge Audio Limited (Registered number: 01205342)

Balance Sheet - continued
30 April 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 Board of Directors and authorised for issue on 15 January 2025 and were signed on its behalf by:





J S Burden - Director


Weybridge Audio Limited (Registered number: 01205342)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

Weybridge Audio 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.

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
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 - 15% on reducing balance

Stocks
Inventories are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

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 8 (2023 - 8 ) .

Weybridge Audio Limited (Registered number: 01205342)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

4. PROPERTY, PLANT AND EQUIPMENT
Plant and
machinery
etc
£   
COST
At 1 May 2023 100,970
Additions 7,448
At 30 April 2024 108,418
DEPRECIATION
At 1 May 2023 93,923
Charge for year 2,919
At 30 April 2024 96,842
NET BOOK VALUE
At 30 April 2024 11,576
At 30 April 2023 7,047

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 May 2023 35,832
Additions 2,297
At 30 April 2024 38,129
NET BOOK VALUE
At 30 April 2024 38,129
At 30 April 2023 35,832

6. DEBTORS
30.4.24 30.4.23
£    £   
Amounts falling due within one year:
Trade debtors - (7,634 )
Other debtors 9,385 9,090
9,385 1,456

Amounts falling due after more than one year:
Other debtors 147 -

Aggregate amounts 9,532 1,456

Weybridge Audio Limited (Registered number: 01205342)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Bank loans and overdrafts 25,951 -
Trade creditors 75,469 150,508
Taxation and social security 18,689 34,970
Other creditors 86,096 14,921
206,205 200,399

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.4.24 30.4.23
£    £   
Bank loans 22,876 31,667