Registration number: 02302847

Philip Dunbavin Acoustics Limited

Contents

Company Information	1
Statement of Financial Position	2 to 3
Notes to the Unaudited Financial Statements	4 to 10

Philip Dunbavin Acoustics Limited

Company Information

Directors

Mr Philip Richard Dunbavin Mr Max Henry Fane De Salis Mrs Rachel Grant Mr Edmund Evenden

Company secretary

Mr Jonathan George Grant

Registered office

3 Bridgewater Court Barsbank Lane Lymm England WA13 0ER

Accountants

Bright Partnership Limited Unit 26 Edward Court Broadheath Altrincham England WA14 5GL

Philip Dunbavin Acoustics Limited

(Registration number: 02302847)
Statement of Financial Position as at 31 March 2026

	Note	2026 £	2025 £
Fixed assets
Tangible assets	4	90,336	118,520
Current assets
Debtors	5	314,890	264,742
Cash at bank and in hand		(41,895)	(52,015)
		272,995	212,727
Creditors: Amounts falling due within one year	6	(180,681)	(132,148)
Net current assets		92,314	80,579
Total assets less current liabilities		182,650	199,099
Creditors: Amounts falling due after more than one year	6	(13,296)	(22,279)
Provisions for liabilities		(22,584)	(29,630)
Net assets		146,770	147,190
Capital and reserves
Called up share capital	7	20,000	20,000
Retained earnings		126,770	127,190
Shareholders' funds		146,770	147,190

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

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 21 July 2026 and signed on its behalf by:
 

Philip Dunbavin Acoustics Limited

(Registration number: 02302847)
Statement of Financial Position as at 31 March 2026

......................................... Mr Philip Richard Dunbavin Director

Philip Dunbavin Acoustics Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

1	General information

The company is a private company limited by share capital, incorporated in United Kingdom.

The address of its registered office is:
3 Bridgewater Court
Barsbank Lane
Lymm
WA13 0ER
England

These financial statements were authorised for issue by the Board on 21 July 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

These financial statements are presented in sterling, which is the functional currency of the entity.

Going concern

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

Philip Dunbavin Acoustics Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Motor vehicles	25% reducing balance
Plant and machinery	15% reducing balance
Fixtures and fittings	15 % reducing balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Philip Dunbavin Acoustics Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing are initially recorded at fair value, net of transection costs. Interes-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceed, net of transection costs, and the amount due on redemption being recognised as a charge to Profit and Loss Account over the period of the relevant borrowings.
Itnerest expenses is recognised on the basis of the effective interest methods and is included in interest payable and similar charges. Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the leasee.
Assets held under finance leases are recognised at lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the Balance Sheet as a finance lease obligation.
Lease payments are apportioned between finance costs in the Profie and Loss Account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Philip Dunbavin Acoustics Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 19 (2025 - 16).

Philip Dunbavin Acoustics Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

4	Tangible assets

	Furniture, fittings and equipment  £	Motor vehicles  £	Other tangible assets £	Total £
Cost or valuation
At 1 April 2025	93,908	42,596	318,709	455,213
Additions	1,445	-	-	1,445
Disposals	(2,053)	-	(11,673)	(13,726)
At 31 March 2026	93,300	42,596	307,036	442,932
Depreciation
At 1 April 2025	77,377	15,310	244,006	336,693
Charge for the year	2,413	6,821	9,873	19,107
Eliminated on disposal	(412)	-	(2,792)	(3,204)
At 31 March 2026	79,378	22,131	251,087	352,596
Carrying amount
At 31 March 2026	13,922	20,465	55,949	90,336
At 31 March 2025	17,142	27,286	74,092	118,520

5

Debtors

Current	2026 £	2025 £
Trade debtors	310,861	264,315
Prepayments	4,029	427
	314,890	264,742

6

Creditors

Creditors: amounts falling due within one year

Philip Dunbavin Acoustics Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

	Note	2026 £	2025 £
Due within one year
Bank loans and overdrafts		8,983	8,983
trade creditors		27,336	36,787
Corporation tax		25,645	13,957
Taxation and social security		77,749	58,746
Accruals and deferred income		31,598	3,495
Other creditors		9,370	10,180
		180,681	132,148

Philip Dunbavin Acoustics Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

Creditors: amounts falling due after more than one year

	Note	2026 £	2025 £
Due after one year
Loans and borrowings		13,296	22,279

7	Share capital

Allotted, called up and fully paid shares

	2026		2025
	No.	£	No.	£
£1 ordinary of £1 each	20,000	20,000	20,000	20,000