REGISTERED NUMBER: 06221903 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Andrew Bird Hearing Ltd

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

Mr A J Bird

Mrs A M Bird

REGISTERED OFFICE:

Hesters Way Community Resource Centre

Cassin Drive

Cheltenham

Gloucestershire

GL51 7SU

REGISTERED NUMBER:

06221903 (England and Wales)

ACCOUNTANTS:

HATS Gloucester Ltd

48 Hucclecote Road

Gloucester

Gloucestershire

GL3 3RS

BANKERS:

Santander UK Plc

2 Triton Square

Regents Place

London

NW1 3AN

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

66,594

30,911

66,594

30,911

CURRENT ASSETS

Stocks

22,693

20,154

Debtors

6

28,170

58,588

Cash at bank

328,801

328,222

379,664

406,964

CREDITORS

Amounts falling due within one year

7

337,900

329,200

NET CURRENT ASSETS

41,764

77,764

TOTAL ASSETS LESS CURRENT LIABILITIES

108,358

108,675

PROVISIONS FOR LIABILITIES

4,465

4,906

NET ASSETS

103,893

103,769

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

103,892

103,768

SHAREHOLDERS' FUNDS

103,893

103,769

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 2 September 2025 and were signed on its behalf by:

Mr A J Bird - Director

1.	STATUTORY INFORMATION

Andrew Bird Hearing Ltd 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

The database purchased in the year ended 31 March 2022 is being amortised over it's useful life of two years.

Tangible fixed assets

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

Short leasehold

-

20% on cost

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% 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.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2024 - 13 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

Cost

At 1 April 2024

and 31 March 2025

32,724

Amortisation

At 1 April 2024

and 31 March 2025

32,724

Net book value

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Short

and

Motor

Computer

leasehold

fittings

vehicles

equipment

Totals

£

£

£

£

£

Cost

At 1 April 2024

15,584

43,363

21,035

28,945

108,927

Additions

-

-

45,869

2,631

48,500

Disposals

-

(1,164

)

-

(204

)

(1,368

)

At 31 March 2025

15,584

42,199

66,904

31,372

156,059

Depreciation

At 1 April 2024

9,844

26,646

19,456

22,070

78,016

Charge for year

2,870

4,137

3,226

2,364

12,597

Eliminated on disposal

-

(994

)

-

(154

)

(1,148

)

At 31 March 2025

12,714

29,789

22,682

24,280

89,465

Net book value

At 31 March 2025

2,870

12,410

44,222

7,092

66,594

At 31 March 2024

5,740

16,717

1,579

6,875

30,911

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Trade debtors

4,086

43,579

Other debtors

24,084

15,009

28,170

58,588

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Trade creditors

45,816

27,977

Amounts owed to group undertakings

185,000

179,880

Taxation and social security

74,072

86,640

Other creditors

33,012

34,703

337,900

329,200

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

31/3/25

31/3/24

£

£

Within one year

2,928

23,584

Between one and five years

2,832

5,110

5,760

28,694

9.	RELATED PARTY DISCLOSURES

A J Bird

Director

At 31 March 2025, the company owed the director A J Bird £6,007 (2024 - £7,094). The balance owed, included within other creditors, is repayable to the director on demand.

A & A Bird Holdings Ltd

The company's parent company

At the year end Andrew Bird Hearing Ltd owed £185,000 (2024 - £179,880) to the above parent company. The balance is interest free and has no set repayment terms.

10.	ULTIMATE CONTROLLING PARTY

The ultimate parent undertaking is A & A Bird Holdings Ltd, a company registered in England and Wales. The company is controlled by Mr A J Bird & Mrs A Bird, directors of Andrew Bird Hearing Ltd.