SOUND SOLUTIONS PRODUCTS LIMITED


Directors	ATTWOOD, Barbara Cooper
	ATTWOOD, Peter Ernest


Company Secretary	ATTWOOD, Barbara Cooper


Registered Address	3 Ferry Road
	Shoreham-By-Sea
	BN43 5RA


Registered Number	05299317 (England and Wales)

Balance Sheet as at
31 January 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		1,251		1,112
			1,251		1,112
Current assets
Stocks	4	16,646		16,646
Debtors	5	6,648		14,390
Cash at bank and on hand		2		5,404
		23,296		36,440
Creditors amounts falling due within one year	6	(5,337)		(11,520)
Net current assets (liabilities)			17,959		24,920
Total assets less current liabilities			19,210		26,032
Creditors amounts falling due after one year	7		(19,098)		(22,296)
Net assets			112		3,736
Capital and reserves
Called up share capital			100		100
Profit and loss account			12		3,636
Shareholders' funds			112		3,736

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 13 May 2025, and are signed on its behalf by:

ATTWOOD, Barbara Cooper
Director

ATTWOOD, Peter Ernest
Director

Registered Company No. 05299317

SOUND SOLUTIONS PRODUCTS LIMITED

Notes to the Financial Statements
for the year ended 31 January 2025

1.	Accounting policies

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

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover policy
	Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.

	Current taxation
	Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income. Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.

Current taxation

Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income.

Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:


		Reducing balance (%)
	Plant and machinery	15
	Vehicles	25
	Office Equipment	15

	Stocks and work in progress
	Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in first- out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs. When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue isrecognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.

Stocks and work in progress

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in first- out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs. 

When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue isrecognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	0		0

3.	Tangible fixed assets

	Plant & machinery	Office Equipment	Total
	£	£	£
Cost or valuation
At 01 February 24	1,035	4,217	5,252
Additions	-	360	360
At 31 January 25	1,035	4,577	5,612
Depreciation and impairment
At 01 February 24	843	3,297	4,140
Charge for year	29	192	221
At 31 January 25	872	3,489	4,361
Net book value
At 31 January 25	163	1,088	1,251
At 31 January 24	192	920	1,112

4.	Stocks

	2025	2024
	£	£
Work in progress	7,650	7,650
Other stocks	8,996	8,996
Total	16,646	16,646

5.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	1,322	12,280
Other debtors	4,991	1,793
Prepayments and accrued income	335	317
Total	6,648	14,390

6.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	2,077	4,799
Bank borrowings and overdrafts	1,519	-
Taxation and social security	211	-
Other creditors	-	5,691
Accrued liabilities and deferred income	1,530	1,030
Total	5,337	11,520

7.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	19,098	22,296
Total	19,098	22,296

8.	Directors advances, credits and guarantees
	At the year end, the directors owed the company £4,084 (2024: £Nil). This amount was repaid to the company before 31 October 2025.

9.	Share capital
	Allotted, issued and fully paid: 100 Ordinary shares of £1 each £100 (2024: £100)