Acorah Software Products - Accounts Production 16.3.350 false true 30 September 2023 1 October 2022 false 1 October 2023 30 September 2024 30 September 2024 01929521 Mr DAMON HORNEY Mr RAYMOND HORNEY Mr Paul Hollebone true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 01929521 2023-09-30 01929521 2024-09-30 01929521 2023-10-01 2024-09-30 01929521 frs-core:CurrentFinancialInstruments 2024-09-30 01929521 frs-core:ComputerEquipment 2024-09-30 01929521 frs-core:ComputerEquipment 2023-10-01 2024-09-30 01929521 frs-core:ComputerEquipment 2023-09-30 01929521 frs-core:FurnitureFittings 2024-09-30 01929521 frs-core:FurnitureFittings 2023-10-01 2024-09-30 01929521 frs-core:FurnitureFittings 2023-09-30 01929521 frs-core:PlantMachinery 2023-10-01 2024-09-30 01929521 frs-core:ShareCapital 2024-09-30 01929521 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 01929521 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 01929521 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 01929521 frs-bus:SmallEntities 2023-10-01 2024-09-30 01929521 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 01929521 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 01929521 1 2023-10-01 2024-09-30 01929521 frs-core:UnlistedNon-exchangeTraded 2024-09-30 01929521 frs-core:UnlistedNon-exchangeTraded 2023-09-30 01929521 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-09-30 01929521 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-09-30 01929521 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-09-30 01929521 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-09-30 01929521 frs-bus:Director1 2023-10-01 2024-09-30 01929521 frs-bus:Director2 2023-10-01 2024-09-30 01929521 frs-bus:CompanySecretary1 2023-10-01 2024-09-30 01929521 frs-countries:EnglandWales 2023-10-01 2024-09-30 01929521 2022-09-30 01929521 2023-09-30 01929521 2022-10-01 2023-09-30 01929521 frs-core:CurrentFinancialInstruments 2023-09-30 01929521 frs-core:ShareCapital 2023-09-30 01929521 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30
Registered number: 01929521
SOUND INVESTMENTS LIMITED
Unaudited Financial Statements
For The Year Ended 30 September 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 01929521
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 510 3,128
Investments 5 5 5
515 3,133
CURRENT ASSETS
Debtors 6 9,546 26,321
Cash at bank and in hand 4,118 3,640
13,664 29,961
Creditors: Amounts Falling Due Within One Year 7 (475,939 ) (447,784 )
NET CURRENT ASSETS (LIABILITIES) (462,275 ) (417,823 )
TOTAL ASSETS LESS CURRENT LIABILITIES (461,760 ) (414,690 )
NET LIABILITIES (461,760 ) (414,690 )
CAPITAL AND RESERVES
Called up share capital 9 1,000 1,000
Profit and Loss Account (462,760 ) (415,690 )
SHAREHOLDERS' FUNDS (461,760) (414,690)
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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 directors acknowledge their 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr DAMON HORNEY
Director
30/01/2025
The notes on pages 3 to 4 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
SOUND INVESTMENTS LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 01929521 . The registered office is Europa House, 46-50 Southwick Square, Southwick, BRIGHTON, BN42 4FJ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
2.2. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 10% Straight line
Fixtures & Fittings 10% straight line on cost
Computer Equipment 25% straight line on cost
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 October 2023 47,700 26,186 73,886
As at 30 September 2024 47,700 26,186 73,886
Depreciation
As at 1 October 2023 47,636 23,122 70,758
Provided during the period - 2,618 2,618
As at 30 September 2024 47,636 25,740 73,376
Net Book Value
As at 30 September 2024 64 446 510
As at 1 October 2023 64 3,064 3,128
5. Investments
Unlisted
£
Cost
As at 1 October 2023 73,935
As at 30 September 2024 73,935
Provision
As at 1 October 2023 73,930
As at 30 September 2024 73,930
Net Book Value
As at 30 September 2024 5
As at 1 October 2023 5
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The company owns shares in the following companies all of which were incorporated and are registered and operate in England.
Company Name - % of ordinary share capital - Activity
Compacta-Bin Limited - 100 - Dormant 
Complete Finance Limited - 50 - Arranging finance for developers 
Paramedicall Ltd - 62 - Dormant
Rayford House Management Ltd - 100 - Dormant
The capital and reserves and the profit and loss after taxation for the subsdiaries as at the financial year ending 30 September 2017 were as follows:
Aggregate capital and reserves Profit/(loss) for the year
Compacta-Bin Limited Reserves £(5,156), Profit & Loss £-
Complete Finance Limited Reserves £203, Profit & Loss £-
Paramedicall Ltd Reserves £59, Profit & Loss -
Rayford House Management Ltd Reserves £2, Profit & Loss £-
6. Debtors
2024 2023
£ £
Due within one year
Other debtors 6,463 25,413
VAT 3,083 908
9,546 26,321
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 2,074 674
Other creditors 768 81,730
Directors' loan accounts 473,097 365,380
475,939 447,784
8. Deferred Taxation
No provision for deferred taxation has been made on the tax losses as the company has concluded
that the deferred assets will not be recoverable using the estimated future taxable income based on the
approved business plans and budgets for the company. The losses can be carried forward indefinitely and have no expiry
date. The value of losses carried forward is £503,563 (2022 £456,411)
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1,000 1,000
10. Ultimate Controlling Party
The company's ultimate controlling party is R Y F Horney by virtue of his ownership of 100% of the issued share capital in the company.
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