| Registered Number:05548728 |
For the year ended 31 March 2025
England and Wales
Unaudited Financial Statements
For the year ended 31 March 2025
Skanda Acoustics Limited
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
Skanda Acoustics Limited
Statement of Financial Position
2024
2025
| Property, plant and equipment |
615,132
583,833
2
615,132
583,833
326,740
398,968
3
| Trade and other receivables |
1,415,865
229,934
4
3,190,832
| Cash and cash equivalents |
4,482,517
5,111,419
4,933,437
| Trade and other payables: amounts falling due within one |
| year |
(537,332)
(420,038)
5
4,396,105
4,691,381
Net current assets
| Total assets less current liabilities |
5,306,513
4,979,938
| Trade and other payables: amounts falling due after more |
| than one year |
-
(661)
6
6,778
(873)
| Provisions for liabilities |
5,312,630
Net assets
4,979,065
1,000
1,000
5,311,630
4,978,065
5,312,630
4,979,065
Shareholders' funds
| For the year ended 31 March 2025 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 of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006 |
| The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section |
| 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
| These financial statements were approved and authorised for issue by the Board on 09 June 2025 and were signed by: |
1 of 5
For the year ended 31 March 2025
Skanda Acoustics Limited
Statement of Financial Position Continued
| The notes form part of these financial statements |
2 of 5
For the year ended 31 March 2025
Skanda Acoustics Limited
Notes to the Financial Statements
Statutory Information
| Skanda Acoustics Limited is a private limited company, limited by shares, domiciled in England and Wales, registration |
| number 05548728. |
67 Clywedog Road North
Wrexham Industrial Estate
Wrexham
LL13 9XN
| The presentation currency is £ sterling. |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
| Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the |
| Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
| modified by the revaluation of certain assets. |
Revenue recognition
| Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
Property, plant and equipment
| Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Plant and machinery
Computer equipment
Motor vehicles
Fixtures and fittings
| No depreciation is provided on the company''s freehold properties since in the opinion of the directors the expected |
| useful lives are sufficiently long and the estimated residual values are sufficiently high that any such depreciation |
| would be immaterial. The directors undertake an annual impairment review of these properties. |
Inventories
| Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. |
3 of 5
For the year ended 31 March 2025
Skanda Acoustics Limited
Notes to the Financial Statements Continued
| 2. Property, plant and equipment |
Motor vehicles
625,996
9,820
9,873
12,250
25,621
568,432
46,283
2,116
-
44,167
-
-
-
-
(12,250)
-
-
(12,250)
568,432
44,167
9,873
11,936
660,029
25,621
| Provision for depreciation and impairment |
42,163
6,514
7,183
12,250
16,216
-
Charge for year
14,984
1,053
538
11,042
2,351
-
(12,250)
-
-
(12,250)
-
-
44,897
7,567
7,721
11,042
18,567
-
568,432
7,054
33,125
2,152
4,369
615,132
568,432
9,405
-
2,690
3,306
583,833
2024
2025
398,968
326,740
| 4. Trade and other receivables |
2024
2025
229,934
327,435
-
1,088,430
1,415,865
229,934
| 5. Trade and other payables: amounts falling due within one year |
2024
2025
173,514
117,160
| Taxation and social security |
240,157
391,084
6,367
29,088
420,038
537,332
4 of 5
For the year ended 31 March 2025
Skanda Acoustics Limited
Notes to the Financial Statements Continued
| 6. Trade and other payables: amounts falling due after more than one year |
2024
2025
661
-
| 7. Average number of persons employed |
During the year the average number of employees was 5 (2024 : 5)
5 of 5