Company Registration No. 06500239 (England and Wales)
996 Audio Limited
Unaudited accounts
for the year ended 28 February 2025
996 Audio Limited
Unaudited accounts
Contents
996 Audio Limited
Company Information
for the year ended 28 February 2025
Company Number
06500239 (England and Wales)
996 Audio Limited
Statement of financial position
as at 28 February 2025
Tangible assets
1,768
2,501
Cash at bank and in hand
1,972
2,023
Creditors: amounts falling due within one year
(12,301)
(12,381)
Net current liabilities
(6,593)
(7,497)
Total assets less current liabilities
(4,825)
(4,996)
Creditors: amounts falling due after more than one year
(800)
(3,991)
Net liabilities
(5,625)
(8,987)
Called up share capital
1
1
Profit and loss account
(5,626)
(8,988)
Shareholders' funds
(5,625)
(8,987)
For the year ending 28 February 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 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 4 August 2025 and were signed on its behalf by
Guy Marley
Director
Company Registration No. 06500239
996 Audio Limited
Notes to the Accounts
for the year ended 28 February 2025
996 Audio Limited is a private company, limited by shares, registered in England and Wales, registration number 06500239.
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.
These financial statements for the year ended 28 February 2025 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 March 2023.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 March 2024
5,206
332
9,676
15,214
At 28 February 2025
5,206
332
10,462
16,000
At 1 March 2024
4,425
332
7,956
12,713
Charge for the year
509
-
1,010
1,519
At 28 February 2025
4,934
332
8,966
14,232
At 28 February 2025
272
-
1,496
1,768
At 29 February 2024
781
-
1,720
2,501
Amounts falling due within one year
996 Audio Limited
Notes to the Accounts
for the year ended 28 February 2025
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
5,847
5,543
Taxes and social security
4,150
4,306
7
Creditors: amounts falling due after more than one year
2025
2024
8
Average number of employees
During the year the average number of employees was 0 (2024: 0).