Unisound Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 01949344

Unisound Limited

Filleted Unaudited Abridged Financial Statements

30 June 2025

Unisound Limited

Abridged Statement of Financial Position

30 June 2025

	30 Jun 25		29 Feb 24
Note	£	£	£

Fixed assets

Tangible assets	6	409,050	414,796
Investments	7	222,500	222,500
		---------	---------
		631,550	637,296

Current assets

Stocks	–	51,750
Debtors	43,786	83,681
Cash at bank and in hand	1,180,286	407,755
	------------	---------
	1,224,072	543,186

Creditors: amounts falling due within one year	235,595		216,120
	------------		---------
Net current assets		988,477	327,066
		------------	---------
Total assets less current liabilities		1,620,027	964,362

Provisions

Taxation including deferred tax	–	553
	------------	---------
Net assets	1,620,027	963,809
	------------	---------

Capital and reserves

Called up share capital	100	100
Profit and loss account	1,619,927	963,709
	------------	---------
Shareholders funds	1,620,027	963,809
	------------	---------

These abridged financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the period ending 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its abridged financial statements for the period in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of abridged financial statements .

All of the members have consented to the preparation of the abridged statement of financial position for the period ending 30 June 2025 in accordance with Section 444(2A) of the Companies Act 2006.

Unisound Limited

Abridged Statement of Financial Position (continued)

30 June 2025

These abridged financial statements were approved by the board of directors and authorised for issue on 4 September 2025 , and are signed on behalf of the board by:

J C Patel
Director

Company registration number: 01949344

Unisound Limited

Notes to the Abridged Financial Statements

Period from 1 March 2024 to 30 June 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 14 Pollards Hill North, London, SW16 4NL.

2. Statement of compliance

These abridged financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The abridged financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The abridged financial statements are prepared in sterling, which is the functional currency of the entity.

Deferred Tax

Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full (where material) on timing differences which result in a obligation to pay more (or less) tax at a future date, at average tax rates that are expected to apply when the timing differences reverse, based on current rates and laws.

Deferred tax is not provided on timing differences arising from the revaluation of fixed assets where there is no commitment to sell the asset.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Income tax

Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full (where material) on timing differences which result in a obligation to pay more (or less) tax at a future date, at average tax rates that are expected to apply when the timing differences reverse, based on current rates and laws. Deferred tax is not provided on timing differences arising from the revaluation of fixed assets where there is no commitment to sell the asset.

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

	Goodwill	-	Over 10 years

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Freehold property	-	1% straight line
Fixtures and Fittings	-	15% straight line
Equipment	-	25% straight line

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the abridged statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the period amounted to 4 (2024: 4 ).

5. Intangible assets

	£
Cost
At 1 March 2024	78,239
Disposals	( 78,239)
	--------
At 30 June 2025	–
	--------
Amortisation
At 1 March 2024	78,239
Disposals	( 78,239)
	--------
At 30 June 2025	–
	--------
Carrying amount
At 30 June 2025	–
	--------
At 29 February 2024	–
	--------

6. Tangible assets

	£
Cost
At 1 March 2024	514,438
Additions	639
Disposals	( 12,905)
	---------
At 30 June 2025	502,172
	---------
Depreciation
At 1 March 2024	99,642
Charge for the period	4,175
Disposals	( 10,695)
	---------
At 30 June 2025	93,122
	---------
Carrying amount
At 30 June 2025	409,050
	---------
At 29 February 2024	414,796
	---------

7. Investments

	£
Cost
At 1 March 2024 and 30 June 2025	222,500
	---------
Impairment
At 1 March 2024 and 30 June 2025	–
	---------
Carrying amount
At 30 June 2025	222,500
	---------
At 29 February 2024	222,500
	---------

8. Related party transactions

Creditors include £12,503 (2024 - £2,659) due to the director.