Soundguard Acoustics Limited - Filleted accounts

Registered number

06533771

Soundguard Acoustics Limited

Unaudited Filleted Accounts

31 March 2025

Soundguard Acoustics Limited
Registered number:		06533771
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	4		23,722			26,030

Current assets
Debtors	5	8,671			5,059
Cash at bank and in hand		59,681			86,633
		68,352			91,692

Creditors: amounts falling due within one year	6	(16,688)			(20,957)

Net current assets			51,664			70,735

Total assets less current liabilities			75,386			96,765


Provisions for liabilities			(4,507)			(4,950)


Net assets			70,879			91,815

Capital and reserves
Called up share capital			2			2
Profit and loss account			70,877			91,813

Shareholders' funds			70,879			91,815

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




R.S. Shaddick
Director
Approved by the board on 20 October 2025

Soundguard Acoustics Limited
Notes to the Accounts
for the year ended 31 March 2025


1	Accounting policies


	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
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Intangible fixed assets
	Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Freehold buildings			over 50 years
	Plant and machinery			25% reducing balance
	Fixtures, fittings, tools and equipment			25% reducing balance
	Motor vehickes			20% straight-line

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					1		1


3	Intangible fixed assets							£
	Goodwill:

	Cost
	At 1 April 2024							9,000
	At 31 March 2025							9,000

	Amortisation
	At 1 April 2024							9,000
	At 31 March 2025							9,000

	Net book value
	At 31 March 2025							-

	Goodwill is being written off in equal annual instalments over its estimated economic life of 5 years.


4	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 April 2024	12,519		59,439		10,794		82,752
	Additions	-		2,260		-		2,260
	At 31 March 2025	12,519		61,699		10,794		85,012

	Depreciation
	At 1 April 2024	1,501		53,063		2,158		56,722
	Charge for the year	250		2,160		2,158		4,568
	At 31 March 2025	1,751		55,223		4,316		61,290

	Net book value
	At 31 March 2025	10,768		6,476		6,478		23,722
	At 31 March 2024	11,018		6,376		8,636		26,030


5	Debtors					2025		2024
£							£

	Trade debtors					8,122		4,567
	Other debtors					549		492
						8,671		5,059


6	Creditors: amounts falling due within one year					2025		2024
£							£

	Trade creditors					3,229		1,707
	Taxation and social security costs					9,396		15,876
	Other creditors					4,063		3,374
						16,688		20,957


7	Related party transactions

	In the year-ended 31 March 2025, the company paid interest on R.S. Shaddick's director's loan account totalling £136 (2024 - £1,073). The interest was calculated at the official rate of 8%.


8	Controlling party

	The company is controlled by R.S. Shaddick, its director and controlling shareholder.


9	Other information

	Soundguard Acoustics Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Unit 9
	Field End
	Bideford
	Devon
	EX39 3SH