1 October 2023 false No description of principal activity Taxfiler 2024.6 07267217business:PrivateLimitedCompanyLtd2023-10-012024-09-30 072672172023-09-30 072672172023-10-012024-09-30 07267217business:AuditExemptWithAccountantsReport2023-10-012024-09-30 07267217business:FilletedAccounts2023-10-012024-09-30 072672172024-09-30 07267217business:Director12023-10-012024-09-30 07267217business:RegisteredOffice2023-10-012024-09-30 072672172023-09-30 07267217core:WithinOneYear2024-09-30 07267217core:WithinOneYear2023-09-30 07267217core:AfterOneYear2024-09-30 07267217core:AfterOneYear2023-09-30 07267217core:ShareCapitalcore:PreviouslyStatedAmount2024-09-30 07267217core:ShareCapitalcore:PreviouslyStatedAmount2023-09-30 07267217core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-09-30 07267217core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-09-30 07267217core:PreviouslyStatedAmount2024-09-30 07267217core:PreviouslyStatedAmount2023-09-30 07267217business:SmallEntities2023-10-012024-09-30 07267217countries:EnglandWales2023-10-012024-09-30 07267217core:PlantMachinery2023-10-012024-09-30 07267217core:MotorVehicles2023-10-012024-09-30 07267217core:FurnitureFittings2023-10-012024-09-30 07267217core:ComputerEquipment2023-10-012024-09-30 07267217core:Goodwill2023-09-30 07267217core:Goodwill2024-09-30 07267217core:Goodwill2023-10-012024-09-30 07267217core:PlantMachinery2023-09-30 07267217core:MotorVehicles2023-09-30 07267217core:FurnitureFittings2023-09-30 07267217core:ComputerEquipment2023-09-30 07267217core:PlantMachinery2024-09-30 07267217core:MotorVehicles2024-09-30 07267217core:FurnitureFittings2024-09-30 07267217core:ComputerEquipment2024-09-30 072672172022-10-012023-09-30 iso4217:GBP xbrli:pure
Company Registration No. 07267217 (England and Wales)
Northsound Limited Unaudited accounts for the year ended 30 September 2024
Northsound Limited Unaudited accounts Contents
Page
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Northsound Limited Company Information for the year ended 30 September 2024
Director
Piers Jonathan Marks
Company Number
07267217 (England and Wales)
Registered Office
Unit G Station Road Industrial Estate Station Road Stroud Gloucestershire GL5 5EQ United Kingdom
Accountants
Emchajo Limited 10 Bownham Mead Rodborough Common Stroud GLOUCESTERSHIRE GL5 5DZ
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Northsound Limited Statement of financial position as at 30 September 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
135,000 
157,500 
Tangible assets
61,617 
77,666 
196,617 
235,166 
Current assets
Debtors
112,224 
81,728 
Cash at bank and in hand
297 
- 
112,521 
81,728 
Creditors: amounts falling due within one year
(245,694)
(192,691)
Net current liabilities
(133,173)
(110,963)
Total assets less current liabilities
63,444 
124,203 
Creditors: amounts falling due after more than one year
(71,465)
(98,208)
Provisions for liabilities
Other provisions
- 
(870)
Net (liabilities)/assets
(8,021)
25,125 
Capital and reserves
Called up share capital
50 
50 
Profit and loss account
(8,071)
25,075 
Shareholders' funds
(8,021)
25,125 
For the year ending 30 September 2024 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 5 May 2025 and were signed on its behalf by
Piers Jonathan Marks Director Company Registration No. 07267217
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Northsound Limited Notes to the Accounts for the year ended 30 September 2024
1
Statutory information
Northsound Limited is a private company, limited by shares, registered in England and Wales, registration number 07267217. The registered office is Unit G, Station Road Industrial Estate, Station Road, Stroud, Gloucestershire, GL5 5EQ, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20%/33% RB
Motor vehicles
20% RB
Fixtures & fittings
10%/20%/33% RB
Computer equipment
33% RB
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 October 2023
450,000 
At 30 September 2024
450,000 
Amortisation
At 1 October 2023
292,500 
Charge for the year
22,500 
At 30 September 2024
315,000 
Net book value
At 30 September 2024
135,000 
At 30 September 2023
157,500 
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Northsound Limited Notes to the Accounts for the year ended 30 September 2024
5
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 October 2023
10,201 
141,443 
1,003 
25,052 
177,699 
At 30 September 2024
10,201 
141,443 
1,003 
25,052 
177,699 
Depreciation
At 1 October 2023
9,200 
68,755 
798 
21,280 
100,033 
Charge for the year
245 
14,537 
22 
1,245 
16,049 
At 30 September 2024
9,445 
83,292 
820 
22,525 
116,082 
Net book value
At 30 September 2024
756 
58,151 
183 
2,527 
61,617 
At 30 September 2023
1,001 
72,688 
205 
3,772 
77,666 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
103,374 
72,650 
Accrued income and prepayments
7,350 
1,350 
Other debtors
1,500 
7,728 
112,224 
81,728 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
102,559 
86,617 
VAT
30,494 
30,957 
Obligations under finance leases and hire purchase contracts
4,300 
11,227 
Trade creditors
38,603 
28,546 
Taxes and social security
12,120 
28,594 
Other creditors
56,023 
3,252 
Accruals
1,595 
3,498 
245,694 
192,691 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
7,273 
17,364 
Obligations under finance leases and hire purchase contracts
- 
3,594 
Loans from directors
64,192 
77,250 
71,465 
98,208 
9
Average number of employees
During the year the average number of employees was 4 (2023: 4).
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