REGISTERED NUMBER: 06785185 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

ProAudium Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D J Read

N J Williams

REGISTERED OFFICE:

5 Hazelgrove Road

Haywards Heath

West Sussex

RH16 3PH

REGISTERED NUMBER:

06785185 (England and Wales)

ACCOUNTANTS:

Bentleys Accounting Limited

5 Hazelgrove Road

Haywards Heath

West Sussex

RH16 3PH

FIXED ASSETS

Tangible assets

4

3,464

9,382

Investments

5

32,049

20,210

35,513

29,592

CURRENT ASSETS

Debtors

6

52,653

119,428

Cash at bank

111,875

109,836

164,528

229,264

CREDITORS

Amounts falling due within one year

7

180,667

166,396

NET CURRENT (LIABILITIES)/ASSETS

(16,139

)

62,868

TOTAL ASSETS LESS CURRENT LIABILITIES

19,374

92,460

PROVISIONS FOR LIABILITIES

6,703

7,003

NET ASSETS

12,671

85,457

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

11,671

84,457

SHAREHOLDERS' FUNDS

12,671

85,457

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 6 June 2025 and were signed on its behalf by:

N J Williams - Director

1.	STATUTORY INFORMATION

ProAudium Limited 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.

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

33% on reducing balance

Computer equipment

-

33% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2024 - 7 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 April 2024

4,415

5,515

71,052

27,603

108,585

Additions

236

-

-

-

236

Disposals

-

-

(23,000

)

-

(23,000

)

At 31 March 2025

4,651

5,515

48,052

27,603

85,821

DEPRECIATION

At 1 April 2024

3,512

4,716

65,787

25,188

99,203

Charge for year

528

346

713

1,462

3,049

Eliminated on disposal

-

-

(19,895

)

-

(19,895

)

At 31 March 2025

4,040

5,062

46,605

26,650

82,357

NET BOOK VALUE

At 31 March 2025

611

453

1,447

953

3,464

At 31 March 2024

903

799

5,265

2,415

9,382

5.	FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:

31.3.25

31.3.24

£

£

Gold and Silver

32,049

20,210

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

45,132

110,305

Other debtors

1,620

1,893

Prepayments

5,901

7,230

52,653

119,428

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

748

4,239

Trade creditors

3,695

786

Amounts owed to group undertakings

45,054

29,054

Tax

13,565

25,087

Social security and other taxes

2,491

2,562

VAT

31,781

38,605

Other creditors

77,588

62,475

Directors' current accounts

2,630

1,613

Accrued expenses

3,115

1,975

180,667

166,396

8.	RELATED PARTY DISCLOSURES

Included within Creditors under 1 year is an amount of £ 45,054 due to Gain Group Limited.

Gain Group Limited is the ultimate Parent Company.

During the period the company paid dividends of £ 121,400 to Gain Group Limited.