Company registration number 7958744 (England and Wales)
CLEMENT ACOUSTICS LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
PAGES FOR FILING WITH REGISTRAR
CLEMENT ACOUSTICS LIMITED
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 6
CLEMENT ACOUSTICS LIMITED
BALANCE SHEET
AS AT
31 MARCH 2026
31 March 2026
- 1 -
2026
2025
Notes
£
£
£
£
Fixed assets
Tangible assets
3
29,263
19,071
Current assets
Debtors
162,575
155,918
Cash at bank and in hand
143,527
82,254
306,102
238,172
Creditors: amounts falling due within one year
(225,377)
(185,081)
Net current assets
80,725
53,091
Total assets less current liabilities
109,988
72,162
Creditors: amounts falling due after more than one year
-
0
(2,311)
Provisions for liabilities
(3,146)
(1,180)
Net assets
106,842
68,671
Capital and reserves
Called up share capital
1
1
Profit and loss reserves
106,841
68,670
Total equity
106,842
68,671
CLEMENT ACOUSTICS LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 MARCH 2026
31 March 2026
- 2 -

For the financial year ended 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These 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, all of the members of the company have consented to the preparation of abridged financial statements pursuant to paragraph 1A of Schedule 1 to the Small Companies and Groups (Accounts and Directors’ Report) Regulations (SI 2008/409)(b).

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 3 July 2026 and are signed on its behalf by:
Mr D Martin
Director
Company registration number 7958744 (England and Wales)
CLEMENT ACOUSTICS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
- 3 -
1
Accounting policies
Company information

Clement Acoustics Limited is a private company limited by shares incorporated in England and Wales. The registered office is 1B(c) Yukon Road, London, England, SW12 9PZ.

1.1
Basis of preparation

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below.

1.2
Going concern

A true t the time of approving the financial statements, t he directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus t he directors continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3
Revenue

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

1.4
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Plant and equipment
20% on cost
Computers
20% on cost
Motor vehicles
20% on cost

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.5
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.

CLEMENT ACOUSTICS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
1
Accounting policies
(Continued)
- 4 -
1.6
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 balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

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.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

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 paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

1.7
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.

1.8
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 profit and loss account 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.

CLEMENT ACOUSTICS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
1
Accounting policies
(Continued)
- 5 -
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.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

1.9
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.

1.10
Retirement benefits

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

1.11
Leases
As lessee

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 balance sheet 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.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2026
2025
Number
Number
Total
9
10
CLEMENT ACOUSTICS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
- 6 -
3
Tangible fixed assets
Plant and equipment
Computers
Motor vehicles
Total
£
£
£
£
Cost
At 1 April 2025
5,078
14,181
39,978
59,237
Additions
16,510
-
0
-
0
16,510
Disposals
(5,078)
(4,660)
-
0
(9,738)
At 31 March 2026
16,510
9,521
39,978
66,009
Depreciation and impairment
At 1 April 2025
4,581
8,073
27,512
40,166
Depreciation charged in the year
1,242
2,023
3,053
6,318
Eliminated in respect of disposals
(5,078)
(4,660)
-
0
(9,738)
At 31 March 2026
745
5,436
30,565
36,746
Carrying amount
At 31 March 2026
15,765
4,085
9,413
29,263
At 31 March 2025
497
6,108
12,466
19,071
2026-03-31 2025-04-01 false false false 09 July 2026 CCH Software CCH Accounts Production 2026.100 No description of principal activity Mr Duncan Martin Mr John Smethurst Mr Andrew Thomas Mr Florian Clement 7958744 2025-04-01 2026-03-31 7958744 2026-03-31 7958744 2025-03-31 7958744 core:PlantMachinery 2026-03-31 7958744 core:ComputerEquipment 2026-03-31 7958744 core:MotorVehicles 2026-03-31 7958744 core:PlantMachinery 2025-03-31 7958744 core:ComputerEquipment 2025-03-31 7958744 core:MotorVehicles 2025-03-31 7958744 core:CurrentFinancialInstruments core:WithinOneYear 2026-03-31 7958744 core:CurrentFinancialInstruments core:WithinOneYear 2025-03-31 7958744 core:Non-currentFinancialInstruments core:AfterOneYear 2026-03-31 7958744 core:Non-currentFinancialInstruments core:AfterOneYear 2025-03-31 7958744 core:ShareCapital 2026-03-31 7958744 core:ShareCapital 2025-03-31 7958744 core:RetainedEarningsAccumulatedLosses 2026-03-31 7958744 core:RetainedEarningsAccumulatedLosses 2025-03-31 7958744 bus:Director1 2025-04-01 2026-03-31 7958744 core:PlantMachinery 2025-04-01 2026-03-31 7958744 core:ComputerEquipment 2025-04-01 2026-03-31 7958744 core:MotorVehicles 2025-04-01 2026-03-31 7958744 2024-04-01 2025-03-31 7958744 core:PlantMachinery 2025-03-31 7958744 core:ComputerEquipment 2025-03-31 7958744 core:MotorVehicles 2025-03-31 7958744 2025-03-31 7958744 bus:PrivateLimitedCompanyLtd 2025-04-01 2026-03-31 7958744 bus:SmallCompaniesRegimeForAccounts 2025-04-01 2026-03-31 7958744 bus:FRS102 2025-04-01 2026-03-31 7958744 bus:AuditExemptWithAccountantsReport 2025-04-01 2026-03-31 7958744 bus:Director2 2025-04-01 2026-03-31 7958744 bus:Director3 2025-04-01 2026-03-31 7958744 bus:Director4 2025-04-01 2026-03-31 7958744 bus:FullAccounts 2025-04-01 2026-03-31 xbrli:pure xbrli:shares iso4217:GBP