REGISTERED NUMBER: 01813159 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2024

for

Sonic Systems Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

R N P Perkins

M J Draper

SECRETARY:

R N P Perkins

REGISTERED OFFICE:

Bakers Farm Barns

Puckington

ILMINSTER

Somerset

TA19 9JA

REGISTERED NUMBER:

01813159 (England and Wales)

ACCOUNTANTS:

A C Mole LLP

Chartered Accountants

Stafford House

Blackbrook Park Avenue

Taunton

Somerset

TA1 2PX

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

49,927

62,008

49,927

62,008

CURRENT ASSETS

Stocks

19,929

62,848

Debtors

6

109,522

171,914

Cash at bank and in hand

351,837

300,412

481,288

535,174

CREDITORS

Amounts falling due within one year

7

110,262

158,521

NET CURRENT ASSETS

371,026

376,653

TOTAL ASSETS LESS CURRENT LIABILITIES

420,953

438,661

PROVISIONS FOR LIABILITIES

6,760

8,959

NET ASSETS

414,193

429,702

CAPITAL AND RESERVES

Called up share capital

4,000

4,000

Capital redemption reserve

8

306,000

306,000

Retained earnings

8

104,193

119,702

SHAREHOLDERS' FUNDS

414,193

429,702

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19 September 2025 and were signed on its behalf by:

M J Draper - Director

1.	STATUTORY INFORMATION

Sonic Systems Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Critical accounting estimates and judgements

The directors are of the opinion that there are no estimates or assumptions that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year.

Turnover

Revenue is recognised to the extent that the company obtains the right to consideration in exchange for its performance. Revenue is measured at the fair value of the consideration received, excluding discounts, rebates, VAT and other sales taxes or duty.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance, 15% on reducing balance and 10% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments

The company only has financial assets and liabilities that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at settlement value.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Goodwill

Goodwill has been written off evenly over its estimated useful life of 10 years.

Grant income

Grant income is recognised in the profit and loss account in the period in which the related expenditure is incurred. Grant income received in advance is held within deferred income until the related expenditure is incurred.

Prior period adjustment

Where adjustments are required to comparative figures, due to errors or changes in accounting policy, these are recorded within the first appropriate period, in accordance with FRS102. Details of prior period adjustments are included within the notes to the financial statements.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 7 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2024

and 31 December 2024

447,075

AMORTISATION

At 1 January 2024

and 31 December 2024

447,075

NET BOOK VALUE

At 31 December 2024

-

At 31 December 2023

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2024

and 31 December 2024

310,424

DEPRECIATION

At 1 January 2024

248,416

Charge for year

12,081

At 31 December 2024

260,497

NET BOOK VALUE

At 31 December 2024

49,927

At 31 December 2023

62,008

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

as restated

£

£

Trade debtors

101,876

159,683

Tax

1,081

1,410

VAT

-

5,547

Prepayments

6,565

5,274

109,522

171,914

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

as restated

£

£

Trade creditors

3,326

18,376

Tax

12,727

20,567

Social security and other taxes

12,793

52,100

VAT

12,711

-

Other creditors

63,975

63,278

Accrued expenses

4,730

4,200

110,262

158,521

8.

RESERVES

Capital

Retained

redemption

earnings

reserve

Totals

£

£

£

At 1 January 2024

119,702

306,000

425,702

Deficit for the year

(15,509

)

(15,509

)

At 31 December 2024

104,193

306,000

410,193