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REGISTERED NUMBER: 03454709 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025

FOR

AUDIO VENUE LIMITED

AUDIO VENUE LIMITED (REGISTERED NUMBER: 03454709)

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025

Page |

Company Information | 1 |

Statement of Financial Position | 2 |

Notes to the Financial Statements | 4 |

AUDIO VENUE LIMITED

COMPANY INFORMATION

FOR THE YEAR ENDED 31 OCTOBER 2025

| DIRECTORS: | S Afzal

| N Shah

| SECRETARY: | S M Grubb

| REGISTERED OFFICE: | 36 Queen Street

| Maidenhead

| Berkshire

| SL6 1HZ

| REGISTERED NUMBER: | 03454709 (England and Wales)

| ACCOUNTANTS: | MGR MAP Limited

| Chartered Accountants

| 55 Loudoun Road

| St John's Wood

| London

| NW8 0DL

AUDIO VENUE LIMITED (REGISTERED NUMBER: 03454709)

STATEMENT OF FINANCIAL POSITION

31 OCTOBER 2025

| 31.10.25 |  | 31.10.24

| Notes | £ | £ |

FIXED ASSETS

Intangible assets | 4 | - |  | - |  |

Tangible assets | 5 | 57,676 |  | 72,526 |  |

Investments | 6 | 3,497 |  | 3,497 |  |

61,173 |  | 76,023 |  |

CURRENT ASSETS

Stocks | 165,605 |  | 268,250 |  |

Debtors | 7 | 135,436 |  | 144,274 |  |

Cash at bank and in hand | 42,112 |  | 6,144 |  |

343,153 |  | 418,668 |  |

CREDITORS

Amounts falling due within one year | 8 | (293,027 | ) | (321,177 | ) |

NET CURRENT ASSETS | 50,126 |  | 97,491 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 111,299 |  | 173,514 |  |

CREDITORS

Amounts falling due after more than one year | 9 | (18,694 | ) | (34,832 | ) |

PROVISIONS FOR LIABILITIES | (11,099 | ) | (14,329 | ) |

NET ASSETS | 81,506 |  | 124,353 |  |

CAPITAL AND RESERVES

Called up share capital | 11 | 100 |  | 100 |  |

Retained earnings | 81,406 |  | 124,253 |  |

SHAREHOLDERS' FUNDS | 81,506 |  | 124,353 |  |

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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.

AUDIO VENUE LIMITED (REGISTERED NUMBER: 03454709)

STATEMENT OF FINANCIAL POSITION - continued

31 OCTOBER 2025

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 12 February 2026 and were signed on its behalf by:

S Afzal - Director

AUDIO VENUE LIMITED (REGISTERED NUMBER: 03454709)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025

1. | STATUTORY INFORMATION

| Audio Venue 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.

| The presentation currency of the financial statements is the Pound Sterling (£).

2. | ACCOUNTING POLICIES

| Accounting convention

| 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 recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT.

| Intangible fixed assets - goodwill

| Acquired goodwill is written off in equal annual instalments over its estimated useful economic life.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

| Long leasehold | - | evenly over the period of the lease

| Fixtures and fittings | - | 15% on reducing balance

| Motor vehicles | - | 25% on reducing balance

| Computer equipment | - | 25% on reducing balance

| Stocks

| Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition.

| At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

AUDIO VENUE LIMITED (REGISTERED NUMBER: 03454709)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 OCTOBER 2025

2. | ACCOUNTING POLICIES - continued

| Financial instruments

| The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

| Financial instruments are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument.

| Basic financial assets

| Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

| Basic financial liabilities

| Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

| Equity instruments

| Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

| Taxation

| The tax expense represents the sum of the tax currently payable and deferred tax.

| Current tax

| The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the income statement because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

| Deferred tax

| Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

| Foreign exchange

| Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in profit or loss.

AUDIO VENUE LIMITED (REGISTERED NUMBER: 03454709)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 OCTOBER 2025

2. | ACCOUNTING POLICIES - continued

| Leases

| Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessees. All other leases are classified as operating leases.

| Assets held under finance leases are recognised as assets at the lower of the assets fair value at the date of inception and the present value of the minimum lease payments. The related liability is included in the statement of financial position as a finance lease obligation. Lease payments are treated as consisting of capital and interest elements. The interest is charged to profit or loss so as to produce a constant periodic rate of interest on the remaining balance of the liability.

| Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the leases asset are consumed.

| Employee benefits

| The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

| The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received.

| Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

| Retirement benefits

| Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

| Cash and cash equivalents

| Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

| Fixed asset investments

| Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

| Impairment of fixed assets

| At each reporting period end date, the company reviews the carrying amounts of its tangible and intangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 8 (2024 - 8 ) .

AUDIO VENUE LIMITED (REGISTERED NUMBER: 03454709)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 OCTOBER 2025

4. | INTANGIBLE FIXED ASSETS

| Goodwill

£ |

| COST

| At 1 November 2024

| and 31 October 2025 | 41,000 |  |

| AMORTISATION

| At 1 November 2024

| and 31 October 2025 | 41,000 |  |

| NET BOOK VALUE

| At 31 October 2025 | - |  |

| At 31 October 2024 | - |  |

5. | TANGIBLE FIXED ASSETS

| Fixtures |

| Long |  | and |  | Motor |  | Computer |

| leasehold |  | fittings |  | vehicles |  | equipment |  | Totals

£ | £ | £ | £ | £ |

| COST

| At 1 November 2024 |

| and 31 October 2025 | 72,381 |  | 164,310 |  | 82,112 |  | 59,171 |  | 377,974 |  |

| DEPRECIATION

| At 1 November 2024 | 61,442 |  | 147,223 |  | 42,106 |  | 54,677 |  | 305,448 |  |

| Charge for year | 1,162 |  | 2,563 |  | 10,002 |  | 1,123 |  | 14,850 |  |

| At 31 October 2025 | 62,604 |  | 149,786 |  | 52,108 |  | 55,800 |  | 320,298 |  |

| NET BOOK VALUE

| At 31 October 2025 | 9,777 |  | 14,524 |  | 30,004 |  | 3,371 |  | 57,676 |  |

| At 31 October 2024 | 10,939 |  | 17,087 |  | 40,006 |  | 4,494 |  | 72,526 |  |

| The net book value of tangible fixed assets includes £28,288 (2024: £37,492) in respect of assets held under finance leases or hire purchase contracts. The depreciation charge in respect of such assets amounted to £9,373 (2024: £798) for the year.

AUDIO VENUE LIMITED (REGISTERED NUMBER: 03454709)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 OCTOBER 2025

6. | FIXED ASSET INVESTMENTS

| Unlisted

| investments

£ |

| COST

| At 1 November 2024

| and 31 October 2025 | 3,497 |  |

| NET BOOK VALUE

| At 31 October 2025 | 3,497 |  |

| At 31 October 2024 | 3,497 |  |

7. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.10.25 |  | 31.10.24

£ | £ |

| Trade debtors | 120,039 |  | 129,246 |  |

| Other debtors | 15,397 |  | 15,028 |  |

135,436 |  | 144,274 |  |

| Other debtors include £6,000 (2024: £6,000) rent deposit secured in favour of the landlord.

8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.10.25 |  | 31.10.24

£ | £ |

| Bank loans and overdrafts | 6,667 |  | 19,063 |  |

| Hire purchase contracts (see note 10) | 9,190 |  | 9,190 |  |

| Trade creditors | 192,662 |  | 209,919 |  |

| Taxation and social security | 38,827 |  | 16,189 |  |

| Other creditors | 45,681 |  | 66,816 |  |

293,027 |  | 321,177 |  |

9. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

| 31.10.25 |  | 31.10.24

£ | £ |

| Bank loans | - |  | 6,948 |  |

| Hire purchase contracts (see note 10) | 18,694 |  | 27,884 |  |

18,694 |  | 34,832 |  |

| The net obligations under finance lease and hire purchase contracts are secured by fixed charges on the assets concerned.

| The bank loans and overdrafts are secured by a fixed and floating charge over the assets of the company.

AUDIO VENUE LIMITED (REGISTERED NUMBER: 03454709)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 OCTOBER 2025

10. | LEASING AGREEMENTS

| Minimum lease payments fall due as follows:

| Hire purchase |

| contracts |

| 31.10.25 |  | 31.10.24 |

£ | £ |

| Net obligations repayable:

| Within one year | 9,190 |  | 9,190 |  |

| Between one and five years | 18,694 |  | 27,884 |  |

27,884 |  | 37,074 |  |

| Non-cancellable |

| operating leases |

| 31.10.25 |  | 31.10.24

£ | £ |

| Within one year | 24,000 |  | 24,000 |  |

| Between one and five years | 192,000 |  | 202,000 |  |

216,000 |  | 226,000 |  |

11. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 31.10.25 |  | 31.10.24

| value: | £ | £ |

| 100 | Ordinary Shares | £1 | 100 |  | 100 |  |

12. | FINANCIAL COMMITMENTS, GUARANTEES AND CONTINGENT LIABILITIES

| The directors were not aware of the existence of any contingent liabilities at the year end.

13. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

| Dividends totalling £68,000 (2024 - £68,000) were paid in the year in respect of shares held by the company's directors.

14. | EVENTS AFTER THE REPORTING DATE

| The directors were not aware of any events after the reporting date which would materially affect the financial statements.