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REGISTERED NUMBER: 04881274 (England and Wales)















Financial Statements for the Year Ended 30 September 2024

for

Tom Tom Audio Limited

Tom Tom Audio Limited (Registered number: 04881274)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Tom Tom Audio Limited

Company Information
for the Year Ended 30 September 2024







DIRECTOR: J N Almey





SECRETARY: H J Wilkinson





REGISTERED OFFICE: Suite 6B, Wentworth Lodge
Great North Road
Welwyn Garden City
Hertfordshire
AL8 7SR





REGISTERED NUMBER: 04881274 (England and Wales)





ACCOUNTANTS: George Arthur Limited
Chartered Accountants
Suite 6B, Wentworth Lodge
Great North Road
Welwyn Garden City
Hertfordshire
AL8 7SR

Tom Tom Audio Limited (Registered number: 04881274)

Balance Sheet
30 September 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 5,295 1,077

CURRENT ASSETS
Stocks 396,052 407,872
Debtors 5 46,553 48,490
Cash at bank 60,813 11,976
503,418 468,338
CREDITORS
Amounts falling due within one year 6 222,652 170,810
NET CURRENT ASSETS 280,766 297,528
TOTAL ASSETS LESS CURRENT
LIABILITIES

286,061

298,605

CREDITORS
Amounts falling due after more than one
year

7

6,723

16,798
NET ASSETS 279,338 281,807

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 279,238 281,707
SHAREHOLDERS' FUNDS 279,338 281,807

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

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

Tom Tom Audio Limited (Registered number: 04881274)

Balance Sheet - continued
30 September 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 23 May 2025 and were signed by:





J N Almey - Director


Tom Tom Audio Limited (Registered number: 04881274)

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

1. STATUTORY INFORMATION

Tom Tom Audio 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 - 25% on cost
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.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

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 2 (2023 - 2 ) .

Tom Tom Audio Limited (Registered number: 04881274)

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

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 October 2023 25,150 4,875 7,553 37,578
Additions 3,030 - 3,069 6,099
At 30 September 2024 28,180 4,875 10,622 43,677
DEPRECIATION
At 1 October 2023 24,759 4,875 6,867 36,501
Charge for year 467 - 1,414 1,881
At 30 September 2024 25,226 4,875 8,281 38,382
NET BOOK VALUE
At 30 September 2024 2,954 - 2,341 5,295
At 30 September 2023 391 - 686 1,077

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 40,503 42,440
Prepayments 6,050 6,050
46,553 48,490

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 10,648 10,648
Trade creditors 120,446 70,100
Amounts owed to associates 19,747 19,747
Tax 36,092 27,467
Social security and other taxes 586 521
VAT 11,067 27,531
Other creditors 1,425 3,216
Directors' current accounts 376 553
Accrued expenses 22,265 11,027
222,652 170,810

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans - 1-2 years 6,723 10,648
Bank loans - 2-5 years - 6,150
6,723 16,798

Tom Tom Audio Limited (Registered number: 04881274)

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

8. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is J N Almey.