SOUND BOX CREATIONS LIMITED

Company Registration Number:
05420528 (England and Wales)

Unaudited statutory accounts for the year ended 30 April 2024

Period of accounts

Start date: 01 May 2023

End date: 30 April 2024

SOUND BOX CREATIONS LIMITED

Contents of the Financial Statements

for the Period Ended 30 April 2024

Company Information - 3
Report of the Directors - 4
Balance sheet - 5
Additional notes - 7
Balance sheet notes - 10

SOUND BOX CREATIONS LIMITED

Company Information

for the Period Ended 30 April 2024




Director: Jonathan Bailes
Suzanne Gallagher
Secretary: Jonathan Bailes
Registered office: 59
Murchison Road
Hoddesdon
Hertfordshire
EN11 0QB
Company Registration Number: 05420528 (England and Wales)

SOUND BOX CREATIONS LIMITED

Directors' Report Period Ended 30 April 2024

The directors present their report with the financial statements of the company for the period ended 30 April 2024

Principal Activities

The company's principal activity during the year continued to be supplying subcontract parts, procurement and manufacturing services to professional audio manufacturers

Directors

The directors shown below have held office during the whole of the period from 01 May 2023 to 30 April 2024
Jonathan Bailes
Suzanne Gallagher

Secretary
Jonathan Bailes

This report was approved by the board of directors on 29 January 2025
And Signed On Behalf Of The Board By:

Name: Jonathan Bailes
Status: Director

SOUND BOX CREATIONS LIMITED

Balance sheet

As at 30 April 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 476 635
Total fixed assets: 476 635
Current assets
Stocks: 10,007 10,114
Debtors: 5 107 1,138
Cash at bank and in hand: 0 0
Total current assets: 10,114 11,252
Creditors: amounts falling due within one year: 6 ( 18,627 ) ( 23,651 )
Net current assets (liabilities): ( 8,513 ) ( 12,399 )
Total assets less current liabilities: ( 8,037 ) ( 11,764 )
Total net assets (liabilities): ( 8,037 ) ( 11,764 )

The notes form part of these financial statements

SOUND BOX CREATIONS LIMITED

Balance sheet continued

As at 30 April 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 11 11
Profit and loss account: ( 8,048 ) ( 11,775 )
Shareholders funds: ( 8,037 ) ( 11,764 )

For the year ending 30 April 2024 the company was entitled to exemption 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 directors acknowledge their 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.

This report was approved by the board of directors on 29 January 2025
And Signed On Behalf Of The Board By:

Name: Jonathan Bailes
Status: Director

The notes form part of these financial statements

SOUND BOX CREATIONS LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

    Land and buildings 25% of reducing balance
    Plant and machinery 25% of reducing balance

    Valuation information and policy

    Stocks.
    Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

SOUND BOX CREATIONS LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 3 3

SOUND BOX CREATIONS LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

  • 3. Off balance sheet disclosure

    No

SOUND BOX CREATIONS LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

4. Tangible assets

Land & buildings Plant & machinery Total
Cost £ £ £
At 01 May 2023 7,328 8,474 15,802
Additions - - -
Disposals - - -
Revaluations - - -
Transfers - - -
At 30 April 2024 7,328 8,474 15,802
Depreciation
At 01 May 2023 7,229 7,938 15,167
Charge for year 25 134 159
On disposals - - -
Other adjustments - - -
At 30 April 2024 7,254 8,072 15,326
Net book value
At 30 April 2024 74 402 476
At 30 April 2023 99 536 635

SOUND BOX CREATIONS LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

5. Debtors


2024
£

2023
£
Trade debtors 107 1,138
Total 107 1,138

SOUND BOX CREATIONS LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

6.Creditors: amounts falling due within one year note


2024
£

2023
£
Bank loans and overdrafts 9,788 9,441
Trade creditors 2,776 8,155
Taxation and social security 3,875 4,787
Other creditors 2,188 1,268
Total 18,627 23,651