REGISTERED NUMBER: 08608843 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2025

FOR

BRIXTON SONIC LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

S Gilchrist

REGISTERED OFFICE:

5-9 Eden Street

Kingston Upon Thames

Surrey

KT1 1BQ

REGISTERED NUMBER:

08608843 (England and Wales)

ACCOUNTANTS:

Collards

Chartered Accountants

5-9 Eden Street

Kingston-upon-Thames

Surrey

KT1 1BQ

FIXED ASSETS

Tangible assets

4

39,099

63,136

CURRENT ASSETS

Stocks

4,202

4,010

Debtors

5

35,510

51,536

Cash at bank

123,480

111,400

163,192

166,946

CREDITORS

Amounts falling due within one year

6

30,080

53,913

NET CURRENT ASSETS

133,112

113,033

TOTAL ASSETS LESS CURRENT LIABILITIES

172,211

176,169

CREDITORS

Amounts falling due after more than one year

7

(9,746

)

(12,751

)

PROVISIONS FOR LIABILITIES

(7,429

)

(11,996

)

NET ASSETS

155,036

151,422

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

9

154,936

151,322

SHAREHOLDERS' FUNDS

155,036

151,422

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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 5 March 2026 and were signed by:

S Gilchrist - Director

1.	STATUTORY INFORMATION

Brixton Sonic 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

25% on cost

Motor vehicles

-

25% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 8 (2024 - 7 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Office

Motor

machinery

equipment

vehicles

Totals

£

£

£

£

COST

At 1 August 2024

137,968

5,031

31,500

174,499

Additions

300

-

-

300

At 31 July 2025

138,268

5,031

31,500

174,799

DEPRECIATION

At 1 August 2024

100,101

3,387

7,875

111,363

Charge for year

15,728

734

7,875

24,337

At 31 July 2025

115,829

4,121

15,750

135,700

NET BOOK VALUE

At 31 July 2025

22,439

910

15,750

39,099

At 31 July 2024

37,867

1,644

23,625

63,136

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 August 2024

and 31 July 2025

31,500

DEPRECIATION

At 1 August 2024

7,875

Charge for year

7,875

At 31 July 2025

15,750

NET BOOK VALUE

At 31 July 2025

15,750

At 31 July 2024

23,625

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

9,382

12,946

Other debtors

17,313

17,316

Directors' loan accounts

-

16,673

Prepayments and accrued income

8,815

4,601

35,510

51,536

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Hire purchase contracts

3,008

2,712

Tax

11,241

8,806

Social security and other taxes

2,448

2,317

VAT

5,412

4,564

Other creditors

4,684

3,242

Directors' loan accounts

328

-

Accruals and deferred income

2,959

32,272

30,080

53,913

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts

9,746

12,751

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Hire purchase contracts

12,754

15,463

9.

RESERVES

Retained

earnings

£

At 1 August 2024

151,322

Profit for the year

25,614

Dividends

(22,000

)

At 31 July 2025

154,936

10.	RELATED PARTY DISCLOSURES

During the year the director received dividends amounting to £22,000 (2024: £4,000).

As at the balance sheet date the director was owed £328, (2024: owes 16,673).