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REGISTERED NUMBER: 02205097 (England and Wales)















REPORT OF THE DIRECTOR AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024

FOR

SOUND IDENTITY LIMITED

SOUND IDENTITY LIMITED (REGISTERED NUMBER: 02205097)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024




Page

Company Information 1

Report of the Director 2

Income Statement 3

Balance Sheet 4

Notes to the Financial Statements 6


SOUND IDENTITY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTOR: C J BROWN





SECRETARY: MRS A M BROWN





REGISTERED OFFICE: THAMES COTTAGE
OLD MILL LANE
BRAY
BERKSHIRE
SL6 2BD





REGISTERED NUMBER: 02205097 (England and Wales)





ACCOUNTANTS: ELAINE PLEACE ASSOCIATES
THAMES COTTAGE
OLD MILL LANE
BRAY
BERKSHIRE
SL6 2BD

SOUND IDENTITY LIMITED (REGISTERED NUMBER: 02205097)

REPORT OF THE DIRECTOR
FOR THE YEAR ENDED 30 APRIL 2024

The director presents his report with the financial statements of the company for the year ended 30 April 2024.

PRINCIPAL ACTIVITY
The principal activity of the company in the year under review was that of the provision of the services of C J Brown.

DIRECTOR
C J BROWN held office during the whole of the period from 1 May 2023 to the date of this report.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





C J BROWN - Director


28 January 2025

SOUND IDENTITY LIMITED (REGISTERED NUMBER: 02205097)

INCOME STATEMENT
FOR THE YEAR ENDED 30 APRIL 2024

30.4.24 30.4.23
Notes £    £   

TURNOVER 79,289 41,876

Administrative expenses 36,714 33,344
42,575 8,532

Other operating income 8,801 (10,662 )
OPERATING PROFIT/(LOSS) 4 51,376 (2,130 )


Interest payable and similar expenses - 397
PROFIT/(LOSS) BEFORE TAXATION 51,376 (2,527 )

Tax on profit/(loss) 7,551 -
PROFIT/(LOSS) FOR THE FINANCIAL
YEAR

43,825

(2,527

)

SOUND IDENTITY LIMITED (REGISTERED NUMBER: 02205097)

BALANCE SHEET
30 APRIL 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 1,053 1,625
Investments 6 208,000 208,000
Investment property 7 1,271,630 1,271,630
1,480,683 1,481,255

CURRENT ASSETS
Debtors 8 4,725 4,725
Cash at bank 128,127 75,677
132,852 80,402
CREDITORS
Amounts falling due within one year 9 53,621 32,068
NET CURRENT ASSETS 79,231 48,334
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,559,914

1,529,589

PROVISIONS FOR LIABILITIES 200,314 200,314
NET ASSETS 1,359,600 1,329,275

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,359,500 1,329,175
1,359,600 1,329,275

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 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.

SOUND IDENTITY LIMITED (REGISTERED NUMBER: 02205097)

BALANCE SHEET - continued
30 APRIL 2024


The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the director and authorised for issue on 28 January 2025 and were signed by:





C J BROWN - Director


SOUND IDENTITY LIMITED (REGISTERED NUMBER: 02205097)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1. STATUTORY INFORMATION

SOUND IDENTITY 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 as modified by the revaluation of certain assets.

Turnover
Turnover 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 - 33% on cost and 15% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

SOUND IDENTITY LIMITED (REGISTERED NUMBER: 02205097)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

4. OPERATING PROFIT/(LOSS)

The operating profit (2023 - operating loss) is stated after charging:

30.4.24 30.4.23
£    £   
Depreciation - owned assets 572 640

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 May 2023
and 30 April 2024 29,488
DEPRECIATION
At 1 May 2023 27,863
Charge for year 572
At 30 April 2024 28,435
NET BOOK VALUE
At 30 April 2024 1,053
At 30 April 2023 1,625

6. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1 May 2023
and 30 April 2024 266,000
PROVISIONS
At 1 May 2023
and 30 April 2024 58,000
NET BOOK VALUE
At 30 April 2024 208,000
At 30 April 2023 208,000

SOUND IDENTITY LIMITED (REGISTERED NUMBER: 02205097)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

6. FIXED ASSET INVESTMENTS - continued

Cost or valuation at 30 April 2024 is represented by:

Other
investments
£   
Valuation in 2024 266,000

7. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 May 2023
and 30 April 2024 1,271,630
NET BOOK VALUE
At 30 April 2024 1,271,630
At 30 April 2023 1,271,630

8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Other debtors 4,725 4,725

9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade creditors 1,440 1,440
Taxation and social security 19,399 11,849
Other creditors 32,782 18,779
53,621 32,068

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 April 2024 and 30 April 2023:

30.4.24 30.4.23
£    £   
**UNKNOWN DIRECTOR 1**
Balance outstanding at start of year - 42,475
Amounts repaid - (42,475 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - -