1 August 2023 false No description of principal activity Taxfiler 2024.6 09681929business:PrivateLimitedCompanyLtd2023-08-012024-07-31 096819292023-07-31 096819292023-08-012024-07-31 09681929business:AuditExemptWithAccountantsReport2023-08-012024-07-31 09681929business:FilletedAccounts2023-08-012024-07-31 096819292024-07-31 09681929business:Director12023-08-012024-07-31 09681929business:Director22023-08-012024-07-31 09681929business:RegisteredOffice2023-08-012024-07-31 096819292023-07-31 09681929core:WithinOneYear2024-07-31 09681929core:WithinOneYear2023-07-31 09681929core:AfterOneYear2024-07-31 09681929core:AfterOneYear2023-07-31 09681929core:ShareCapitalcore:PreviouslyStatedAmount2024-07-31 09681929core:ShareCapitalcore:PreviouslyStatedAmount2023-07-31 09681929core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-07-31 09681929core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-07-31 09681929core:PreviouslyStatedAmount2024-07-31 09681929core:PreviouslyStatedAmount2023-07-31 09681929business:SmallEntities2023-08-012024-07-31 09681929countries:EnglandWales2023-08-012024-07-31 09681929core:PlantMachinery2023-08-012024-07-31 09681929core:PlantMachinery2023-07-31 09681929core:PlantMachinery2024-07-31 096819292022-08-012023-07-31 iso4217:GBP xbrli:pure
Company Registration No. 09681929 (England and Wales)
Just Audio Limited Unaudited accounts for the year ended 31 July 2024
Just Audio Limited Unaudited accounts Contents
Page
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Just Audio Limited Company Information for the year ended 31 July 2024
Directors
S A Mathewson J D Valle
Company Number
09681929 (England and Wales)
Registered Office
5a Quadrant Courtyard Quadrant Way Weybridge Surrey KT13 8DR
Accountants
Ruffett Accountancy Limited Hillside Lodge Ridgeway Woking Surrey GU21 4QP
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Chartered Certified Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Just Audio Limited for the year ended 31 July 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Just Audio Limited for the year ended 31 July 2024 as set out on pages 5 - 7 from the Company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html
This report is made solely to the Board of Directors of Just Audio Limited, as a body, in accordance with the terms of our engagement letter dated 8 November 2019. Our work has been undertaken solely to prepare for your approval the accounts of Just Audio Limited and state those matters that we have agreed to state to the Board of Directors of Just Audio Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Just Audio Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Just Audio Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Just Audio Limited. You consider that Just Audio Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Just Audio Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Ruffett Accountancy Limited Chartered Certified Accountants Hillside Lodge Ridgeway Woking Surrey GU21 4QP 4 October 2024
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Just Audio Limited Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
117,853 
165,474 
Current assets
Debtors
8,386 
82,397 
Cash at bank and in hand
37,732 
7,694 
46,118 
90,091 
Creditors: amounts falling due within one year
(47,286)
(86,463)
Net current (liabilities)/assets
(1,168)
3,628 
Total assets less current liabilities
116,685 
169,102 
Creditors: amounts falling due after more than one year
(102,418)
(123,157)
Provisions for liabilities
Deferred tax
(22,393)
(31,440)
Net (liabilities)/assets
(8,126)
14,505 
Capital and reserves
Called up share capital
30 
30 
Profit and loss account
(8,156)
14,475 
Shareholders' funds
(8,126)
14,505 
For the year ending 31 July 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 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 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 of Directors and authorised for issue on 4 October 2024 and were signed on its behalf by
J D Valle Director Company Registration No. 09681929
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Just Audio Limited Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
Just Audio Limited is a private company, limited by shares, registered in England and Wales, registration number 09681929. The registered office is 5a Quadrant Courtyard, Quadrant Way, Weybridge, Surrey, KT13 8DR.
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
25% written down value
Government grants
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 August 2023
431,918 
Additions
10,476 
Disposals
(24,936)
At 31 July 2024
417,458 
Depreciation
At 1 August 2023
266,444 
Charge for the year
39,284 
On disposals
(6,123)
At 31 July 2024
299,605 
Net book value
At 31 July 2024
117,853 
At 31 July 2023
165,474 
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Just Audio Limited Notes to the Accounts for the year ended 31 July 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
7,242 
80,848 
Accrued income and prepayments
1,144 
1,549 
8,386 
82,397 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
9,450 
9,450 
Trade creditors
- 
44,502 
Taxes and social security
12,456 
13,198 
Other creditors
203 
217 
Loans from directors
10,000 
10,000 
Accruals
15,177 
9,096 
47,286 
86,463 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
11,025 
20,475 
Deferred income
91,393 
102,682 
102,418 
123,157 
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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