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REGISTERED NUMBER: 04770217 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2024

for

Commercial Audio Solutions Limited

Commercial Audio Solutions Limited (Registered number: 04770217)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Commercial Audio Solutions Limited

Company Information
for the Year Ended 30 June 2024







DIRECTOR: AB Knott





REGISTERED OFFICE: 28A Church Lane
Marple
Stockport
Cheshire
SK6 6DE





REGISTERED NUMBER: 04770217 (England and Wales)





ACCOUNTANTS: B&P Summers Accountants Limited
28A Church Lane
Marple
Stockport
Cheshire
SK6 6DE

Commercial Audio Solutions Limited (Registered number: 04770217)

Balance Sheet
30 June 2024

30/6/24 30/6/23
Notes £    £   
FIXED ASSETS
Tangible assets 4 24,696 28,708

CURRENT ASSETS
Stocks 215,000 218,000
Debtors 5 137,542 154,514
Cash at bank and in hand 185,984 187,592
538,526 560,106
CREDITORS
Amounts falling due within one year 6 (179,715 ) (188,920 )
NET CURRENT ASSETS 358,811 371,186
TOTAL ASSETS LESS CURRENT
LIABILITIES

383,507

399,894

CAPITAL AND RESERVES
Called up share capital 60 60
Retained earnings 383,447 399,834
SHAREHOLDERS' FUNDS 383,507 399,894

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

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 director and authorised for issue on 10 February 2025 and were signed by:




AB Knott - Director


Commercial Audio Solutions Limited (Registered number: 04770217)

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

1. STATUTORY INFORMATION

Commercial Audio Solutions 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
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.
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

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

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 ) .

Commercial Audio Solutions Limited (Registered number: 04770217)

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

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 July 2023 50,702 8,950 27,989 87,641
Additions 693 - 5,642 6,335
At 30 June 2024 51,395 8,950 33,631 93,976
DEPRECIATION
At 1 July 2023 41,633 4,227 13,073 58,933
Charge for year 2,440 1,181 6,726 10,347
At 30 June 2024 44,073 5,408 19,799 69,280
NET BOOK VALUE
At 30 June 2024 7,322 3,542 13,832 24,696
At 30 June 2023 9,069 4,723 14,916 28,708

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/6/24 30/6/23
£    £   
Trade debtors 124,783 142,221
Other debtors 12,759 12,293
137,542 154,514

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/6/24 30/6/23
£    £   
Trade creditors 136,840 163,961
Taxation and social security 24,080 22,882
Other creditors 18,795 2,077
179,715 188,920