REGISTERED NUMBER: 11219331 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

AUDIEBANT LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

G Dean

J J Dean

S Walker

REGISTERED OFFICE:

Unit 2

The Crossroads

Freckleton Street

Kirkham

Lancashire

PR4 2SH

REGISTERED NUMBER:

11219331 (England and Wales)

ACCOUNTANTS:

ma2 Limited

Chartered Accountants

5 Crescent East

Thornton Cleveleys

Lancashire

FY5 3LJ

FIXED ASSETS

Intangible assets

4

113,792

30,046

Tangible assets

5

44,136

27,959

157,928

58,005

CURRENT ASSETS

Stocks

26,791

-

Debtors

6

690,595

280,844

Cash at bank

102,233

13,121

819,619

293,965

CREDITORS

Amounts falling due within one year

7

846,605

221,110

NET CURRENT (LIABILITIES)/ASSETS

(26,986

)

72,855

TOTAL ASSETS LESS CURRENT LIABILITIES

130,942

130,860

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

130,842

130,760

130,942

130,860

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 30 September 2025 and were signed on its behalf by:

J J Dean - Director

1.	STATUTORY INFORMATION

Audiebant 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.

The Company's principal activity is the sale of equipment and related software in the mass communication market. Turnover is recognised, for the capital equipment element, based on the date of customer contract and installation date. The associated software licence fees, which typically run contractually for a three year period, are brought into account evenly over the contractual period.

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.

Patents and licences are being amortised evenly over their estimated useful life of five years.

Computer software is being amortised evenly over its estimated useful life of five years.

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

-

25% on reducing balance

Motor vehicles

-

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 16 (2023 - 12 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 January 2024

40,061

Additions

111,014

At 31 December 2024

151,075

AMORTISATION

At 1 January 2024

10,015

Charge for year

27,268

At 31 December 2024

37,283

NET BOOK VALUE

At 31 December 2024

113,792

At 31 December 2023

30,046

5.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 January 2024

41,615

-

41,615

Additions

20,109

10,779

30,888

At 31 December 2024

61,724

10,779

72,503

DEPRECIATION

At 1 January 2024

13,656

-

13,656

Charge for year

12,016

2,695

14,711

At 31 December 2024

25,672

2,695

28,367

NET BOOK VALUE

At 31 December 2024

36,052

8,084

44,136

At 31 December 2023

27,959

-

27,959

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

548,377

260,980

Amounts owed by group undertakings

10,424

-

Other debtors

131,794

19,864

690,595

280,844

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade creditors

436,053

73,212

Amounts owed to associates

42,641

4,499

Taxation and social security

45,045

92,925

Other creditors

322,866

50,474

846,605

221,110

8.	EVENTS SUBSEQUENT TO THE BALANCE SHEET DATE

Following the year end, due to the continued growth of the Group, investment was sought and received by way of a share issue in the Company's parent company, JIG Holdings Ltd, to NPIF II- Equity NW GP LLP (as general partner of NPIF II- Equity NW LP) in the sum of £500,485.

9.	IMMEDIATE PARENT & ULTIMATE CONTROLLING PARTY

During the year a company re-organisation took place, such that the Company became a wholly owned subsidiary of JIG Holdings Limited, a company incorporated in England and Wales under company number 15921041.

The Directors consider that there is no ultimate controlling party, as the parent company is owned by a number of shareholders, none of whom have overall control.