REGISTERED NUMBER: 10615692 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

24 ACOUSTICS CAPITAL INVESTMENTS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr M R Peckham

Mr S J Gosling

REGISTERED OFFICE:

Armstrong House

3 Bassett Avenue

Southampton

Hampshire

SO16 7DP

REGISTERED NUMBER:

10615692 (England and Wales)

ACCOUNTANTS:

Marsland Nash Associates

Chartered Tax Advisers, Accountants

and Business Consultants

Vantage Point House

Silverhills Road

Decoy Industrial Estate

Newton Abbot

Devon

TQ12 5ND

BANKERS:

The Royal Bank of Scotland

Business Banking Direct

PO Box 4153

Hornchurch

Essex

RM12 4PS

FIXED ASSETS

Tangible assets

4

641,686

641,708

CURRENT ASSETS

Cash at bank

18,637

18,593

CREDITORS

Amounts falling due within one year

5

423,172

446,705

NET CURRENT LIABILITIES

(404,535

)

(428,112

)

TOTAL ASSETS LESS CURRENT LIABILITIES

237,151

213,596

CREDITORS

Amounts falling due after more than one year

6

264,685

297,810

NET LIABILITIES

(27,534

)

(84,214

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(27,634

)

(84,314

)

SHAREHOLDERS' FUNDS

(27,534

)

(84,214

)

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 September 2025 and were signed on its behalf by:

Mr M R Peckham - Director

Mr S J Gosling - Director

1.	STATUTORY INFORMATION

24 Acoustics Capital Investments 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.

Turnover

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

Tangible fixed assets

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

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Going concern

The company meets its day to day working capital requirements through a loan provided by 24 Acoustics Ltd, a company of which Mr Peckham and Mr Gosling are also Directors. The company will continue to be supported in this way until such time as profits are made.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

and

property

fittings

Totals

£

£

£

COST

At 1 January 2024

and 31 December 2024

641,560

205

641,765

DEPRECIATION

At 1 January 2024

-

57

57

Charge for year

-

22

22

At 31 December 2024

-

79

79

NET BOOK VALUE

At 31 December 2024

641,560

126

641,686

At 31 December 2023

641,560

148

641,708

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Tax

1,593

-

Other creditors

8,568

8,568

Intercompany account

405,641

435,581

Accrued expenses

7,370

2,556

423,172

446,705

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans - 1-2 years

21,124

21,124

Bank loans more 5 yr by instal

243,561

276,686

264,685

297,810

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

243,561

276,686

7.	SECURED DEBTS

The following secured debts are included within creditors:

2024

2023

£

£

Bank loans

264,685

297,810

8.	RELATED PARTY DISCLOSURES

At the year end the company owed to Acoustics Ltd, a company Mr Peckham and Mr Gosling are also Directors, of an amount of £405,641 (2023:£435,581). The loan is unsecured, interest free and repayable on demand.