Loud Speaker Ltd 12367117 false 2024-01-01 2024-12-31 2024-12-31 The principal activity of the company is povide public speaking and confidence building workshops Digita Accounts Production Advanced 6.30.9574.0 true 12367117 2024-01-01 2024-12-31 12367117 2024-12-31 12367117 core:CurrentFinancialInstruments core:WithinOneYear 2024-12-31 12367117 bus:Micro-entities 2024-01-01 2024-12-31 12367117 bus:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 12367117 bus:FilletedAccounts 2024-01-01 2024-12-31 12367117 bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 12367117 bus:RegisteredOffice 2024-01-01 2024-12-31 12367117 bus:Director1 2024-01-01 2024-12-31 12367117 bus:Director2 2024-01-01 2024-12-31 12367117 bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 12367117 bus:Agent1 2024-01-01 2024-12-31 12367117 countries:England 2024-01-01 2024-12-31 12367117 2023-01-01 2023-12-31 12367117 2023-12-31 12367117 core:CurrentFinancialInstruments core:WithinOneYear 2023-12-31 iso4217:GBP xbrli:pure

Registration number: 12367117

Loud Speaker Ltd

Unaudited Filleted Financial Statements

for the Year Ended 31 December 2024

 

Loud Speaker Ltd

Contents

Company Information

1

Directors' Report

2

Accountants' Report

3

Profit and Loss Account

4

Balance Sheet

5 to 6

Notes to the Unaudited Financial Statements

5

 

Loud Speaker Ltd

Company Information

Directors

Mr Oba Akinwale

Mr Calvin Eden Akotuah

Registered office

Suite 41 Oriel Chambers
14 Water Street
Liverpool
Merseyside
L2 8TD

Accountants

KAH Services Ltd
Liverpool
Merseyside
L23 0SA

 

Loud Speaker Ltd

Directors' Report for the Year Ended 31 December 2024

The directors present their report and the financial statements for the year ended 31 December 2024.

This report has been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and in accordance with FRS 105 The Financial Reporting Standard applicable to the Micro-entities Regime.

Directors of the company

The directors who held office during the year were as follows:

Mr Oba Akinwale

Mr Calvin Eden Akotuah

Small companies provision statement

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

Approved and authorised by the Board on 19 March 2025 and signed on its behalf by:
 

.........................................
Mr Oba Akinwale
Director

 

Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Loud Speaker Ltd
for the Year Ended 31 December 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Loud Speaker Ltd for the year ended 31 December 2024 as set out on pages 4 to 6 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Chartered Institute of Management Accountants (CIMA), we are subject to its ethical and other professional requirements. These are based on the principles approved by IFAC.

This report is made solely to the Board of Directors of Loud Speaker Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Loud Speaker Ltd and state those matters that we have agreed to state to the Board of Directors of Loud Speaker Ltd, as a body, in this report in accordance with the rules as laid down by CIMA.To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Loud Speaker Ltd and its Board of Directors as a body for our work or for this report.

......................................

KAH Services Ltd
Liverpool
Merseyside
L23 0SA

19 March 2025

 

Loud Speaker Ltd

Profit and Loss Account for the Year Ended 31 December 2024

2024
£

2023
£

Turnover

885,872

411,882

Other income

148

-

Staff costs

(391,416)

(178,498)

Depreciation and other amounts written off assets

(5,024)

(3,059)

Other charges

(274,099)

(84,485)

Profit before tax

215,481

145,840

Tax on profit

(54,068)

(32,184)

Profit for the year

161,413

113,656

 

Loud Speaker Ltd

(Registration number: 12367117)
Balance Sheet as at 31 December 2024

2024
£

2023
£

Fixed assets

11,524

6,805

Current assets

110,114

85,761

Creditors: Amounts falling due within one year

(101,020)

(66,692)

Net current assets

9,094

19,069

Total assets less current liabilities

20,618

25,874

Accruals and deferred income

-

(2,420)

 

20,618

23,454

Capital and reserves

20,618

23,454

1

General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
Suite 41 Oriel Chambers
14 Water Street
Liverpool
Merseyside
L2 8TD
England

These financial statements were authorised for issue by the Board on 19 March 2025.

Basis of preparation

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

2

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 10 (2023 - 10).

For the financial year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

 

Loud Speaker Ltd

(Registration number: 12367117)
Balance Sheet as at 31 December 2024

These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 19 March 2025 and signed on its behalf by:
 

.........................................
Mr Oba Akinwale
Director