1 October 2023 false No description of principal activity Taxfiler 2024.6 10951298business:PrivateLimitedCompanyLtd2023-10-012024-09-30 109512982023-09-30 109512982023-10-012024-09-30 10951298business:AuditExemptWithAccountantsReport2023-10-012024-09-30 10951298business:FilletedAccounts2023-10-012024-09-30 109512982024-09-30 10951298business:Director12023-10-012024-09-30 10951298business:Director22023-10-012024-09-30 10951298business:RegisteredOffice2023-10-012024-09-30 109512982023-09-30 10951298core:WithinOneYear2024-09-30 10951298core:WithinOneYear2023-09-30 10951298core:ShareCapitalcore:PreviouslyStatedAmount2024-09-30 10951298core:ShareCapitalcore:PreviouslyStatedAmount2023-09-30 10951298core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-09-30 10951298core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-09-30 10951298core:PreviouslyStatedAmount2024-09-30 10951298core:PreviouslyStatedAmount2023-09-30 10951298business:SmallEntities2023-10-012024-09-30 10951298countries:EnglandWales2023-10-012024-09-30 10951298core:PlantMachinery2023-10-012024-09-30 10951298core:PlantMachinery2023-09-30 10951298core:PlantMachinery2024-09-30 10951298core:AfterOneYear2024-09-30 10951298core:AfterOneYear2023-09-30 109512982022-10-012023-09-30 iso4217:GBP xbrli:pure
Company Registration No. 10951298 (England and Wales)
Favor Sound Ltd Unaudited accounts for the year ended 30 September 2024
Favor Sound Ltd Unaudited accounts Contents
Page
- 2 -
Favor Sound Ltd Company Information for the year ended 30 September 2024
Directors
EDWARD CROWTHER SAMANTHA CROWTHER
Company Number
10951298 (England and Wales)
Registered Office
32 Ashlin Grove Lincoln Lincolnshire LN1 1LE England
Accountants
CST ACCOUNTANCY SERVICES LTD 55 FURNACE CLOSE NORTH HYKEHAM LINCOLN LN6 9ZR
- 3 -
Favor Sound Ltd Statement of financial position as at 30 September 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,183 
1,934 
Current assets
Debtors
5,138 
4,088 
Cash at bank and in hand
1,616 
1,486 
6,754 
5,574 
Creditors: amounts falling due within one year
(2,034)
(2,156)
Net current assets
4,720 
3,418 
Net assets
5,903 
5,352 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
5,902 
5,351 
Shareholders' funds
5,903 
5,352 
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 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 of Directors and authorised for issue on 25 June 2025 and were signed on its behalf by
EDWARD CROWTHER Director Company Registration No. 10951298
- 4 -
Favor Sound Ltd Notes to the Accounts for the year ended 30 September 2024
1
Statutory information
Favor Sound Ltd is a private company, limited by shares, registered in England and Wales, registration number 10951298. The registered office is 32 Ashlin Grove, Lincoln, Lincolnshire, LN1 1LE, England.
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.
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% straight line
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 October 2023
3,756 
At 30 September 2024
3,756 
Depreciation
At 1 October 2023
1,822 
Charge for the year
751 
At 30 September 2024
2,573 
Net book value
At 30 September 2024
1,183 
At 30 September 2023
1,934 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due after more than one year
Other debtors
5,138 
4,088 
- 5 -
Favor Sound Ltd Notes to the Accounts for the year ended 30 September 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
929 
497 
Taxes and social security
1,105 
1,659 
2,034 
2,156 
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).
- 6 -