METEOR SOUND LTD


Director	DAVIES, Nicholas Jon


Registered Address	Unit 11 Old Brewery Workshops
	Ely
	Cardiff
	CF5 4AR


Registered Number	12787700 (England and Wales)

Statement of Financial Position
31 August 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		13,187		20,004
			13,187		20,004
Current assets
Debtors		6,314		12,960
Cash at bank and on hand		1,274		1,044
		7,588		14,004
Creditors amounts falling due within one year	4	(16,494)		(28,943)
Net current assets (liabilities)			(8,906)		(14,939)
Total assets less current liabilities			4,281		5,065
Net assets			4,281		5,065
Capital and reserves
Called up share capital			2		2
Profit and loss account			4,279		5,063
Shareholders' funds			4,281		5,065

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 29 May 2026, and are signed on its behalf by:

DAVIES, Nicholas Jon
Director
Registered Company No. 12787700

METEOR SOUND LTD

Notes to the Financial Statements
for the year ended 31 August 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Going concern
	The company continues to adopt the going concern basis in preparing its financial statements.

	Revenue from sale of goods
	Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Revenue from sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


		Straight line (years)
	Plant and machinery	5
	Fixtures and fittings	5
	Vehicles	20

2.	Average number of employees


		2025		2024
	Average number of employees during the year	0		0

3.	Tangible fixed assets

	Plant & machinery	Vehicles	Fixtures & fittings	Total
	£	£	£	£
Cost or valuation
At 01 September 24	31,776	4,500	19,772	56,048
Additions	4,105	-	-	4,105
At 31 August 25	35,881	4,500	19,772	60,153
Depreciation and impairment
At 01 September 24	20,152	450	15,442	36,044
Charge for year	6,743	225	3,954	10,922
At 31 August 25	26,895	675	19,396	46,966
Net book value
At 31 August 25	8,986	3,825	376	13,187
At 31 August 24	11,624	4,050	4,330	20,004

4.	Creditors: amounts due within one year

	2025	2024
	£	£
Taxation and social security	6,134	10,007
Other creditors	10,300	18,876
Accrued liabilities and deferred income	60	60
Total	16,494	28,943


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.