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Company Registration No. 07319668 (England and Wales)
ECHOIC AUDIO LIMITED Unaudited accounts for the year ended 31 July 2025
ECHOIC AUDIO LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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ECHOIC AUDIO LIMITED Company Information for the year ended 31 July 2025
Directors
T Gilbert D Johnston
Company Number
07319668 (England and Wales)
Registered Office
17 LOWER GROUND FLOOR, TYNDALL HOUSE 17 WHITELADIES ROAD BRISTOL AVON BS8 1PB UNITED KINGDOM
Accountants
P B S Accounting Services Ltd 131 Paintworks Bath Road Bristol North Somerset BS4 3DL
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ECHOIC AUDIO LIMITED Statement of financial position as at 31 July 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
22,907
34,994
Current assets
Inventories
7,600
7,600
Debtors
5
504,866
434,661
Cash at bank and in hand
75,713
118,433
588,179
560,694
Creditors: amounts falling due within one year
6
(36,745)
(30,992)
Net current assets
551,434
529,702
Total assets less current liabilities
574,341
564,696
Provisions for liabilities
Deferred tax
(3,213)
(4,458)
Net assets
571,128
560,238
Capital and reserves
Called up share capital
7
100
100
Profit and loss account
571,028
560,138
Shareholders' funds
571,128
560,238
For the year ending 31 July 2025 the company was entitled to exemption from audit 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 directors acknowledge 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 20 July 2026 and were signed on its behalf by
D Johnston Director Company Registration No. 07319668
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ECHOIC AUDIO LIMITED Notes to the Accounts for the year ended 31 July 2025
1
Statutory information
ECHOIC AUDIO LIMITED is a private company, limited by shares, registered in England and Wales, registration number 07319668. The registered office is 17 LOWER GROUND FLOOR, TYNDALL HOUSE, 17 WHITELADIES ROAD, BRISTOL, AVON, BS8 1PB, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% straight line
Fixtures & fittings
20% straight line
Stocks
Stocks and work-in-progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax is not provided on timing differences arising from the revaluation of fixed assets where there is no commitment to sell the asset. Deferred tax assets and liabilities are not discounted.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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ECHOIC AUDIO LIMITED Notes to the Accounts for the year ended 31 July 2025
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 August 2024
110,950
23,489
134,439
At 31 July 2025
110,950
23,489
134,439
Depreciation
At 1 August 2024
80,201
19,244
99,445
Charge for the year
10,672
1,415
12,087
At 31 July 2025
90,873
20,659
111,532
Net book value
At 31 July 2025
20,077
2,830
22,907
At 31 July 2024
30,749
4,245
34,994
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
89,674
72,092
Accrued income and prepayments
1,192
2,032
Other debtors
414,000
360,537
504,866
434,661
6
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
11,991
5,637
Taxes and social security
23,227
23,828
Other creditors
15
15
Loans from directors
1,512
1,512
36,745
30,992
7
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
8
Pension commitments
The company operates a defined contribution pension scheme on behalf of its employees and directors, contributions to the scheme during the period were £4401(2024 £5036). The outstanding pension commitment at 31 July 2025 was £ 0 (2024 £ 0).
9
Average number of employees
During the year the average number of employees was 7 (2024: 7).
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