ACCOUNTS - Final Accounts preparation

Company registration number: 01292129

	UNAUDITED FINANCIAL STATEMENTS
	FOR THE YEAR ENDED 31 MARCH 2025

	STORACALL (TELE ACOUSTICS) LIMITED


STORACALL (TELE ACOUSTICS) LIMITED

COMPANY INFORMATION

Directors	J E A Leighton
	J A G Leighton


Company secretary	M C Taylor


Registered number	01292129


Registered office	Unit 6 Enterprise Way
	Cheltenham Trade Park
	Cheltenham
	GL51 8LZ


Accountants	Menzies LLP
	Chartered Accountants
	Victoria House
	50-58 Victoria Road
	Farnborough
	Hampshire
	GU14 7PG


STORACALL (TELE ACOUSTICS) LIMITED

CONTENTS

	Page
Statement of Financial Position	1 - 2
Notes to the Financial Statements	3 - 7


STORACALL (TELE ACOUSTICS) LIMITED REGISTERED NUMBER:01292129

STATEMENT OF FINANCIAL POSITION

AS AT 31 MARCH 2025

		2025		2024
Note		£		£

Fixed assets
Intangible assets	4		20,005		18,685
Tangible assets	5		4,962		2,298
			24,967		20,983
Current assets
Stocks		71,610		68,288
Debtors: amounts falling due within one year	6	138,830		126,297
Cash at bank and in hand		14,229		52,206
		224,669		246,791
Creditors: amounts falling due within one year	7	(98,247)		(142,248)
Net current assets			126,422		104,543
Total assets less current liabilities			151,389		125,526
Creditors: amounts falling due after more than one year	8		(738)		(5,833)

Net assets			150,651		119,693

Capital and reserves
Called up share capital	47,500	47,500
Capital redemption reserve	22,500	22,500
Profit and loss account	80,651	49,693
	150,651	119,693

Page 1


STORACALL (TELE ACOUSTICS) LIMITED REGISTERED NUMBER:01292129

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 31 MARCH 2025

The Directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The Directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

................................................

J E A Leighton

Director

Date: 20 November 2025

The notes on pages 3 to 7 form part of these financial statements.

Page 2


STORACALL (TELE ACOUSTICS) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

1.	General information

Storacall Teleacoustics Limited is a private company limited by shares, incorporated in England. The address of its registered office and principal place of business is disclosed on the company information page.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Revenue

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

2.3

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

2.4

Research and development

In the research phase of an internal project it is not possible to demonstrate that the project will generate future economic benefits and hence all expenditure on research shall be recognised as an expense when it is incurred. Intangible assets are recognised from the development phase of a project if and only if certain specific criteria are met in order to demonstrate the asset will generate probable future economic benefits and that its cost can be reliably measured. The capitalised development costs are subsequently amortised on a straight-line basis over their useful economic lives, which range from 3 to 6 years.
If it is not possible to distinguish between the research phase and the development phase of an internal project, the expenditure is treated as if it were all incurred in the research phase only.

2.5

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

Page 3


STORACALL (TELE ACOUSTICS) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)

2.6

Intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

Amortisation is provided on the following bases:

Development expenditure

33%

straight line

2.7

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

				Plant and machinery	-	33%	straight line
				Leasehold improvements	-	33%	straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

Employees

The average monthly number of employees, including directors, during the year was 5 (2024 - 5).

Page 4


STORACALL (TELE ACOUSTICS) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

4.	Intangible assets

		Development expenditure
		£
	Cost
	At 1 April 2024	56,214
	Additions	17,540
	Disposals	(8)
	At 31 March 2025	73,746
	Amortisation
	At 1 April 2024	37,529
	Charge for the year on owned assets	16,214
	On disposals	(2)
	At 31 March 2025	53,741
	Net book value
	At 31 March 2025	20,005
	At 31 March 2024	18,685

Page 5


STORACALL (TELE ACOUSTICS) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

5.	Tangible fixed assets

	Plant and equipment	Leasehold improvement	Total
	£	£	£
Cost or valuation
At 1 April 2024	27,819	14,321	42,140
Additions	4,802	-	4,802
Disposals	(330)	-	(330)
At 31 March 2025	32,291	14,321	46,612
Depreciation
At 1 April 2024	26,035	13,807	39,842
Charge for the year on owned assets	1,358	514	1,872
Disposals	(64)	-	(64)
At 31 March 2025	27,329	14,321	41,650
Net book value
At 31 March 2025	4,962	-	4,962
At 31 March 2024	1,784	514	2,298

Debtors

					2025	2024
					£	£


Trade debtors	89,187	80,148
Other debtors	16,022	14,196
Prepayments and accrued income	33,621	31,953
	138,830	126,297

Page 6


STORACALL (TELE ACOUSTICS) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

7.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Bank loans	5,000	5,000
Trade creditors	52,181	101,268
Corporation tax	1,115	-
Other taxation and social security	5,240	3,171
Other creditors	8,443	8,387
Accruals and deferred income	26,268	24,422
	98,247	142,248

8.	Creditors: Amounts falling due after more than one year
		2025	2024
		£	£

Bank loans	738	5,833
	738	5,833

Page 7