IRIS Accounts Production v25.1.0.734 04119021 Board of Directors Board of Directors Board of Directors 1.1.24 31.12.24 31.12.24 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh041190212023-12-31041190212024-12-31041190212024-01-012024-12-31041190212022-12-31041190212023-01-012023-12-31041190212023-12-3104119021ns15:EnglandWales2024-01-012024-12-3104119021ns14:PoundSterling2024-01-012024-12-3104119021ns10:Director12024-01-012024-12-3104119021ns10:Director22024-01-012024-12-3104119021ns10:Director32024-01-012024-12-3104119021ns10:PrivateLimitedCompanyLtd2024-01-012024-12-3104119021ns10:SmallEntities2024-01-012024-12-3104119021ns10:AuditExempt-NoAccountantsReport2024-01-012024-12-3104119021ns10:SmallCompaniesRegimeForDirectorsReport2024-01-012024-12-3104119021ns10:SmallCompaniesRegimeForAccounts2024-01-012024-12-3104119021ns10:FullAccounts2024-01-012024-12-310411902112024-01-012024-12-3104119021ns10:CompanySecretary12024-01-012024-12-3104119021ns10:RegisteredOffice2024-01-012024-12-3104119021ns5:CurrentFinancialInstruments2024-12-3104119021ns5:CurrentFinancialInstruments2023-12-3104119021ns5:ShareCapital2024-12-3104119021ns5:ShareCapital2023-12-3104119021ns5:RetainedEarningsAccumulatedLosses2024-12-3104119021ns5:RetainedEarningsAccumulatedLosses2023-12-3104119021ns5:NetGoodwill2024-01-012024-12-3104119021ns5:IntangibleAssetsOtherThanGoodwill2024-01-012024-12-3104119021ns5:PlantMachinery2024-01-012024-12-3104119021ns5:NetGoodwill2023-12-3104119021ns5:NetGoodwill2024-12-3104119021ns5:NetGoodwill2023-12-3104119021ns5:LandBuildings2023-12-3104119021ns5:PlantMachinery2023-12-3104119021ns5:LandBuildings2024-01-012024-12-3104119021ns5:LandBuildings2024-12-3104119021ns5:PlantMachinery2024-12-3104119021ns5:LandBuildings2023-12-3104119021ns5:PlantMachinery2023-12-3104119021ns5:CostValuation2024-12-3104119021ns5:WithinOneYearns5:CurrentFinancialInstruments2024-12-3104119021ns5:WithinOneYearns5:CurrentFinancialInstruments2023-12-31
REGISTERED NUMBER: 04119021 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31st December 2024

for

Songbird Hearing Ltd

Songbird Hearing Ltd (Registered number: 04119021)

Contents of the Financial Statements
for the Year Ended 31st December 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Songbird Hearing Ltd

Company Information
for the Year Ended 31st December 2024







DIRECTORS: P L Finn
Mrs R A Finn
B S Finn





SECRETARY: P L Finn





REGISTERED OFFICE: Robin Cottage
Dillywood Lane
ROCHESTER
Kent
ME3 8BT





REGISTERED NUMBER: 04119021 (England and Wales)





ACCOUNTANTS: Blain Pritchard
Chartered Certified Accountants
29 High Street
Blue Town
SHEERNESS
Kent
ME12 1RN

Songbird Hearing Ltd (Registered number: 04119021)

Balance Sheet
31st December 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 1,068,628 1,029,245
Investments 6 - 50
1,068,628 1,029,295

CURRENT ASSETS
Stocks 1,325 1,656
Debtors 7 23,963 6,343
Cash at bank and in hand 752,023 27,423
777,311 35,422
CREDITORS
Amounts falling due within one year 8 368,584 429,412
NET CURRENT ASSETS/(LIABILITIES) 408,727 (393,990 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,477,355

635,305

CAPITAL AND RESERVES
Called up share capital 200 200
Retained earnings 1,477,155 635,105
SHAREHOLDERS' FUNDS 1,477,355 635,305

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Songbird Hearing Ltd (Registered number: 04119021)

Balance Sheet - continued
31st December 2024


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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 11th April 2025 and were signed on its behalf by:




P L Finn - Director Mrs R A Finn - Director




B S Finn - Director


Songbird Hearing Ltd (Registered number: 04119021)

Notes to the Financial Statements
for the Year Ended 31st December 2024


1. STATUTORY INFORMATION

Songbird Hearing Ltd 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2000, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 - 20% on cost and 10% on reducing balance

Depreciation is not provided on freehold property in contravention of F.R.S. 15. Property is maintained in a state of repair such that its estimated residual value at the balance sheet date is not less than its net book value. In the opinion of the directors, any charge for depreciation would not, therefore, be material.

Investments in associates
Investments in associate undertakings are recognised at cost.

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

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.


Songbird Hearing Ltd (Registered number: 04119021)

Notes to the Financial Statements - continued
for the Year Ended 31st December 2024


2. ACCOUNTING POLICIES - continued
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.

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 46 (2023 - 44 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1st January 2024
and 31st December 2024 175,000
AMORTISATION
At 1st January 2024
and 31st December 2024 175,000
NET BOOK VALUE
At 31st December 2024 -
At 31st December 2023 -

Songbird Hearing Ltd (Registered number: 04119021)

Notes to the Financial Statements - continued
for the Year Ended 31st December 2024


5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1st January 2024 753,135 546,110 1,299,245
Additions - 91,203 91,203
At 31st December 2024 753,135 637,313 1,390,448
DEPRECIATION
At 1st January 2024 - 270,000 270,000
Charge for year - 51,820 51,820
At 31st December 2024 - 321,820 321,820
NET BOOK VALUE
At 31st December 2024 753,135 315,493 1,068,628
At 31st December 2023 753,135 276,110 1,029,245

6. FIXED ASSET INVESTMENTS
Interest
in
associate
£   
COST
At 1st January 2024 50
Disposals (50 )
At 31st December 2024 -
NET BOOK VALUE
At 31st December 2024 -
At 31st December 2023 50

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 23,463 6,343
Other debtors 500 -
23,963 6,343

Songbird Hearing Ltd (Registered number: 04119021)

Notes to the Financial Statements - continued
for the Year Ended 31st December 2024


8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 1,400 -
Trade creditors 12,000 23,000
Amounts owed to associates - 325,189
Taxation and social security 288,264 41,223
Other creditors 66,920 40,000
368,584 429,412