Audio Technology Ltd 31/12/2025 iXBRL

Company registration number: 11048211

Audio Technology Ltd

Unaudited filleted financial statements

31 December 2025

Audio Technology Ltd

Contents

Directors and other information

Statement of financial position

Statement of changes in equity

Notes to the financial statements

Audio Technology Ltd

Directors and other information


Directors	Mr Ajay Baburao Shirke
	Mr Paul Stephen Fenton	(Appointed 2 May 2025)


Company number	11048211


Registered office	C/O Nagle James Associates Limited
	4th Floor Kings Suite, Amba House, 15 College Road
	Harrow
	Middlesex, UK
	HA1 1BA


Accountants	Nagle James Assoicates Limited
	Amba House 4th Floor, Kings Suite
	15 College Road
	Harrow
	Middlesex
	HA1 1BA

Audio Technology Ltd

Statement of financial position

31 December 2025

		31/12/25		30/11/24
	Note	£	£	£	£

Fixed assets
Investments	4	4,867,046		-
		_______		_______
			4,867,046		-

Current assets
Debtors	5	167,817		-
Cash at bank and in hand		1,000,071		67
		_______		_______
		1,167,888		67
Creditors: amounts falling due
within one year	6	( 728,763)		( 700)
		_______		_______
Net current assets/(liabilities)			439,125		( 633)
			_______		_______
Total assets less current liabilities			5,306,171		( 633)

Creditors: amounts falling due
after more than one year	7		( 4,377,806)		-
			_______		_______
Net assets/(liabilities)			928,365		( 633)
			_______		_______

Capital and reserves
Called up share capital			1		1
Profit and loss account			928,364		( 634)
			_______		_______
Shareholders funds/(deficit)			928,365		( 633)
			_______		_______

For the period ending 31 December 2025 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 financial statements for the period in question in accordance with section 476;

- The directors acknowledge their responsibilities for complying with the requirements of the Act 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 and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 28 July 2026 , and are signed on behalf of the board by:

Mr Ajay Baburao Shirke

Director

Company registration number: 11048211

Audio Technology Ltd

Statement of changes in equity

Period ended 31 December 2025

	Called up share capital	Profit and loss account	Total
	£	£	£


At 1 December 2023	1	-	1

Profit/(loss) for the period		( 634)	( 634)
	_______	_______	_______
Total comprehensive income for the period	-	( 634)	( 634)

	_______	_______	_______
At 30 November 2024 and 1 December 2024	1	( 634)	( 633)

Profit/(loss) for the period		928,998	928,998
	_______	_______	_______
Total comprehensive income for the period	-	928,998	928,998

	_______	_______	_______
At 31 December 2025	1	928,364	928,365
	_______	_______	_______

Audio Technology Ltd

Notes to the financial statements

Period ended 31 December 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is C/O Nagle James Associates Limited, 4th Floor Kings Suite, Amba House, 15 College Road, Harrow, Middlesex, UK, HA1 1BA.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

The financial statements present information about the company as an individual entity and not about its group.

Consolidation

The company has taken advantage of the option not to prepare consolidated financial statements contained in Section 398 of the Companies Act 2006 on the basis that the company and its subsidiary undertakings comprise a small group.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Fixed asset investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses. Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.

Financial instruments

A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Debt instruments are subsequently measured at amortised cost.

Income from shares in group undertakings

Dividend income from subsidiary undertakings is recognised in the profit and loss account when the Company’s right to receive payment has been established.

4. Investments

	Shares in group undertakings and participating interests	Total
	£	£
Cost
At 1 December 2024	-	-
Additions	4,867,046	4,867,046
	_______	_______
At 31 December 2025	4,867,046	4,867,046
	_______	_______
Impairment
At 1 December 2024 and 31 December 2025	-	-
	_______	_______
Carrying amount
At 31 December 2025	4,867,046	4,867,046
	_______	_______
At 30 November 2024	-	-
	_______	_______

Investments in group undertakings
	Registered office	Class of share	Percentage of shares held
Subsidiary undertakings
Spendor Audio Systems Limited	Unit 8 Selden Way, Advanced Manufacturing Park, Catcliffe, Rotherham, England, S60 5XA	Ordinary	60

International Audio Holding B.V.	Edisonweg 8, 6662 NW ELST	Ordinary	65

5. Debtors

	31/12/25	30/11/24
	£	£
Other debtors	167,817	-
	_______	_______

6. Creditors: amounts falling due within one year

	31/12/25	30/11/24
	£	£
Bank loans and overdrafts	67,500	-
Trade creditors	10,058	-
Other creditors	651,205	700
	_______	_______
	728,763	700
	_______	_______

7. Creditors: amounts falling due after more than one year

	31/12/25	30/11/24
	£	£
Bank loans and overdrafts	4,377,806	-
	_______	_______

8. Directors advances, credits and guarantees

	During the period the directors entered into the following advances and credits with the company:

Period ended 31/12/25
		Balance brought forward	Advances /(credits) to the directors	Balance o/standing
		£	£	£
	Mr Ajay Baburao Shirke	( 100)	( 647,745)	( 647,845)
		_______	_______	_______

Year ended 30/11/24
		Balance brought forward	Advances /(credits) to the directors	Balance o/standing
		£	£	£
	Mr Ajay Baburao Shirke	-	( 100)	( 100)
		_______	_______	_______