REGISTERED NUMBER: 14389624 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2025

for

Audio Dept Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

R D Meredith

REGISTERED OFFICE:

Coreley Mill

Coreley

Ludlow

Shropshire

SY8 3AU

REGISTERED NUMBER:

14389624 (England and Wales)

ACCOUNTANTS:

Grant Harrod Lerman Davis LLP

Chartered Accountants

Second Floor, Kirkland House

11-15 Peterborough Road

Harrow

Middlesex

HA1 2AX

FIXED ASSETS

Tangible assets

4

77,663

55,979

CURRENT ASSETS

Stocks

50,000

-

Debtors

5

151,179

124,706

Cash at bank

620,845

850,418

822,024

975,124

CREDITORS

Amounts falling due within one year

6

(303,842

)

(474,061

)

NET CURRENT ASSETS

518,182

501,063

TOTAL ASSETS LESS CURRENT LIABILITIES

595,845

557,042

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

595,745

556,942

595,845

557,042

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 28 May 2026 and were signed by:

R D Meredith - Director

1.	STATUTORY INFORMATION

Audio Dept 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 represents income receivable for the year, excluding value added tax.

Tangible fixed assets

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

Plant and machinery etc

-

Straight line over 3 years

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

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 7 (2024 - 6 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2025

95,338

Additions

79,775

At 31 December 2025

175,113

DEPRECIATION

At 1 January 2025

39,359

Charge for year

58,091

At 31 December 2025

97,450

NET BOOK VALUE

At 31 December 2025

77,663

At 31 December 2024

55,979

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

28,971

107,857

Other debtors

122,208

16,849

151,179

124,706

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

64,108

68,711

Taxation and social security

52,770

92,279

Other creditors

186,964

313,071

303,842

474,061

7.	RELATED PARTY DISCLOSURES

In order to run the company on a day to day basis the director operates a loan account between himself and the company. The balance owing to the director on his loan account at 31 December 2025 amounted to £20,230 (2024 £40,739). No dividends (2024 - £30,000) were paid to Mr R Meredith during the year.

8.	ULTIMATE CONTROLLING PARTY

The company was under the control of the director and shareholder, Mr R Meredith, throughout the current year.