REGISTERED NUMBER: 01043215 (England and Wales)

Financial Statements for the Year Ended 31 January 2025

for

Audiotime (UK) Ltd.

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr S U R Sultan

REGISTERED OFFICE:

75 Whitechapel High Street

Whitechapel

LONDON

E1 7QX

REGISTERED NUMBER:

01043215 (England and Wales)

ACCOUNTANTS:

Passer Chevern & Co

Chartered Accountants

5 Spring Villa Road

Edgware

Middlesex

HA8 7EB

FIXED ASSETS

Tangible assets

4

433

527

CURRENT ASSETS

Stocks

357,520

325,800

Debtors

5

187,174

181,867

Cash at bank

20,896

34,325

565,590

541,992

CREDITORS

Amounts falling due within one year

6

362,178

352,239

NET CURRENT ASSETS

203,412

189,753

TOTAL ASSETS LESS CURRENT LIABILITIES

203,845

190,280

CREDITORS

Amounts falling due after more than one year

7

5,000

15,000

NET ASSETS

198,845

175,280

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

198,745

175,180

SHAREHOLDERS' FUNDS

198,845

175,280

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 27 October 2025 and were signed by:

Mr S U R Sultan - Director

1.	STATUTORY INFORMATION

Audiotime (UK) 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.

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 etc

-

15% 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2024 - 6 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 February 2024

and 31 January 2025

4,326

15,739

20,065

DEPRECIATION

At 1 February 2024

4,326

15,212

19,538

Charge for year

-

94

94

At 31 January 2025

4,326

15,306

19,632

NET BOOK VALUE

At 31 January 2025

-

433

433

At 31 January 2024

-

527

527

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

162,380

143,956

Other debtors

24,794

37,911

187,174

181,867

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

10,000

10,000

Trade Creditors

327,872

319,552

Taxation and social security

14,407

8,697

Other creditors

9,899

13,990

362,178

352,239

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

5,000

15,000