Company registration number 04465447 (England and Wales)
AUDIO REPUBLIC LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 OCTOBER 2025
PAGES FOR FILING WITH REGISTRAR
72 Lairgate
Beverley
East Yorkshire
United Kingdom
HU17 8EU
AUDIO REPUBLIC LIMITED
CONTENTS
Page
Company information
1
Balance sheet
2 - 3
Statement of changes in equity
4
Notes to the financial statements
5 - 8
AUDIO REPUBLIC LIMITED
COMPANY INFORMATION
- 1 -
Director
Mr A D Oliver
Company number
04465447
Registered office
9 Keel Row
The Watermark
Gateshead
United Kingdom
NE11 9SZ
Accountants
TC Group
72 Lairgate
Beverley
East Yorkshire
United Kingdom
HU17 8EU
AUDIO REPUBLIC LIMITED
BALANCE SHEET
AS AT 31 OCTOBER 2025
31 October 2025
- 2 -
2025
2024
Notes
£
£
£
£
Current assets
Debtors
5
-
0
78,147
Cash at bank and in hand
21,040
-
0
21,040
78,147
Creditors: amounts falling due within one year
6
(11,935)
(67,313)
Net current assets
9,105
10,834
Creditors: amounts falling due after more than one year
7
(4,896)
(6,667)
Net assets
4,209
4,167
Capital and reserves
Called up share capital
1
1
Profit and loss reserves
4,208
4,166
Total equity
4,209
4,167
AUDIO REPUBLIC LIMITED
BALANCE SHEET (CONTINUED)
AS AT 31 OCTOBER 2025
31 October 2025
- 3 -

For the financial year ended 31 October 2025 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 director acknowledges his 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.

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

The financial statements were approved and signed by the director and authorised for issue on 28 July 2026
Mr A D Oliver
Director
Company registration number 04465447 (England and Wales)
AUDIO REPUBLIC LIMITED
STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 OCTOBER 2025
- 4 -
Share capital
Profit and loss reserves
Total
£
£
£
Balance at 1 November 2023
1
4,492
4,493
Year ended 31 October 2024:
Loss and total comprehensive income
-
(326)
(326)
Balance at 31 October 2024
1
4,166
4,167
Year ended 31 October 2025:
Profit and total comprehensive income
-
42
42
Balance at 31 October 2025
1
4,208
4,209
AUDIO REPUBLIC LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2025
- 5 -
1
Accounting policies
Company information

Audio Republic Limited is a private company limited by shares incorporated in England and Wales. The registered office is 9 Keel Row, The Watermark, Gateshead, United Kingdom, NE11 9SZ.

1.1
Accounting convention

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. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

When cash inflows are deferred and represent a financing arrangement, the fair value of the consideration is the present value of the future receipts. The difference between the fair value of the consideration and the nominal amount received is recognised as interest income.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer (usually on dispatch of the goods), the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Revenue from contracts for the provision of professional services is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. The stage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staff rates and materials, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that it is probable will be recover ed.

1.3
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:

Fixtures and fittings
25% on cost
Computer equipments
33% on cost
AUDIO REPUBLIC LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2025
1
Accounting policies
(Continued)
- 6 -

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.

1.4
Cash at bank and in hand

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.

1.5
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.

AUDIO REPUBLIC LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2025
1
Accounting policies
(Continued)
- 7 -
1.6
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.

Changes in the fair value of derivatives that are designated and qualify as fair value hedges are recognised in profit or loss immediately, together with any changes in the fair value of the hedged asset or liability that are attributable to the hedged risk.

1.7
Leases

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the lease s asset are consumed.

2
Judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the director is required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

In the opinion of the directors there are no significant judgements or areas of estimation uncertainty.

3
Employees

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

2025
2024
Number
Number
Total
1
1
AUDIO REPUBLIC LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2025
- 8 -
4
Tangible fixed assets
Fixtures and fittings
Computer equipments
Total
£
£
£
Cost
At 1 November 2024 and 31 October 2025
6,754
491
7,245
Depreciation and impairment
At 1 November 2024 and 31 October 2025
6,754
491
7,245
Carrying amount
At 31 October 2025
-
0
-
0
-
0
At 31 October 2024
-
0
-
0
-
0
5
Debtors
2025
2024
Amounts falling due within one year:
£
£
Other debtors
-
0
78,147
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
10,000
19,449
Other creditors
1,935
47,864
11,935
67,313
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans and overdrafts
4,896
6,667
2025-10-31 2024-11-01 false false false 28 July 2026 CCH Software CCH Accounts Production 2026.100 No description of principal activity Mr A D Oliver 04465447 2024-11-01 2025-10-31 04465447 bus:Director1 2024-11-01 2025-10-31 04465447 bus:RegisteredOffice 2024-11-01 2025-10-31 04465447 2025-10-31 04465447 2024-10-31 04465447 core:CurrentFinancialInstruments core:WithinOneYear 2025-10-31 04465447 core:CurrentFinancialInstruments core:WithinOneYear 2024-10-31 04465447 core:Non-currentFinancialInstruments core:AfterOneYear 2025-10-31 04465447 core:Non-currentFinancialInstruments core:AfterOneYear 2024-10-31 04465447 core:CurrentFinancialInstruments 2025-10-31 04465447 core:CurrentFinancialInstruments 2024-10-31 04465447 core:ShareCapital 2025-10-31 04465447 core:ShareCapital 2024-10-31 04465447 core:RetainedEarningsAccumulatedLosses 2025-10-31 04465447 core:RetainedEarningsAccumulatedLosses 2024-10-31 04465447 core:ShareCapital 2023-10-31 04465447 core:RetainedEarningsAccumulatedLosses 2023-10-31 04465447 core:RetainedEarningsAccumulatedLosses 2023-11-01 2024-10-31 04465447 2023-11-01 2024-10-31 04465447 core:RetainedEarningsAccumulatedLosses 2024-11-01 2025-10-31 04465447 core:FurnitureFittings 2024-11-01 2025-10-31 04465447 core:ComputerEquipment 2024-11-01 2025-10-31 04465447 core:FurnitureFittings 2024-10-31 04465447 core:ComputerEquipment 2024-10-31 04465447 2024-10-31 04465447 core:FurnitureFittings 2025-10-31 04465447 core:ComputerEquipment 2025-10-31 04465447 core:FurnitureFittings 2024-10-31 04465447 core:ComputerEquipment 2024-10-31 04465447 core:Non-currentFinancialInstruments 2025-10-31 04465447 core:Non-currentFinancialInstruments 2024-10-31 04465447 bus:PrivateLimitedCompanyLtd 2024-11-01 2025-10-31 04465447 bus:SmallCompaniesRegimeForAccounts 2024-11-01 2025-10-31 04465447 bus:FRS102 2024-11-01 2025-10-31 04465447 bus:AuditExemptWithAccountantsReport 2024-11-01 2025-10-31 04465447 bus:FullAccounts 2024-11-01 2025-10-31 xbrli:pure xbrli:shares iso4217:GBP