Able Acoustics Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 09711524

Able Acoustics Limited

Filleted Unaudited Financial Statements

31 July 2025

Able Acoustics Limited

Financial Statements

Year ended 31 July 2025

Contents	Page

Statement of financial position	1

Notes to the financial statements	3

Able Acoustics Limited

Statement of Financial Position

31 July 2025

	2025		2024
Note	£	£	£

Fixed assets

Tangible assets	6		31,572	8,773

Current assets

Debtors	7	36,620	40,736
Cash at bank and in hand		24,714	–
		--------	--------
		61,334	40,736

Creditors: amounts falling due within one year	8	79,696		47,338
		--------		--------
Net current liabilities			18,362	6,602
			--------	-------
Total assets less current liabilities			13,210	2,171

Provisions

Taxation including deferred tax	5,998	1,666
	--------	-------
Net assets	7,212	505
	--------	-------

Capital and reserves

Called up share capital	100	100
Profit and loss account	7,112	405
	-------	----
Shareholders funds	7,212	505
	-------	----

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 income and retained earnings has not been delivered.

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.

Directors' responsibilities:

- The 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 Act with respect to accounting records and the preparation of financial statements .

Able Acoustics Limited

Statement of Financial Position (continued)

31 July 2025

These financial statements were approved by the board of directors and authorised for issue on 20 August 2026 , and are signed on behalf of the board by:

Mr D E Crofton-Martin

Director

Company registration number: 09711524

Able Acoustics Limited

Notes to the Financial Statements

Year ended 31 July 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 Unit 20, Connect 10 Foster Road, Ashford Business Park, Ashford, Kent, TN24 0FE, United Kingdom.

2. Statement of compliance

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

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, 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.

Intangible assets

Intangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated amortisation and impairment losses. Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows: Software - 3 years straight line

Tangible assets

Tangible assets are initially recoreded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows: Plant and machinery - 4 years straight line Fixtures and fittings - 5 years straight line Equipment - 2 years straight line

Impairment of fixed assets

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.

Finance leases and hire purchase contracts

Assets held under finance leases and hire purchase contracts are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.

Financial instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses. Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a finance transaction it is measured at present value.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 2 (2024: 2 ).

5. Intangible assets

	Software
	£
Cost
At 1 August 2024 and 31 July 2025	23,180
	--------
Amortisation
At 1 August 2024 and 31 July 2025	23,180
	--------
Carrying amount
At 31 July 2025	–
	--------
At 31 July 2024	–
	--------

6. Tangible assets

	Plant and machinery	Fixtures and fittings	Equipment	Total
	£	£	£	£
Cost
At 1 August 2024	48,593	401	3,335	52,329
Additions	31,442	–	–	31,442
	--------	----	-------	--------
At 31 July 2025	80,035	401	3,335	83,771
	--------	----	-------	--------
Depreciation
At 1 August 2024	40,276	401	2,879	43,556
Charge for the year	8,187	–	456	8,643
	--------	----	-------	--------
At 31 July 2025	48,463	401	3,335	52,199
	--------	----	-------	--------
Carrying amount
At 31 July 2025	31,572	–	–	31,572
	--------	----	-------	--------
At 31 July 2024	8,317	–	456	8,773
	--------	----	-------	--------

7. Debtors

	2025	2024
	£	£
Other debtors	36,620	40,736
	--------	--------

8. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	–	1,456
Trade creditors	12,303	12,303
Corporation tax	59,145	28,497
Social security and other taxes	6,868	3,702
Other creditors	1,380	1,380
	--------	--------
	79,696	47,338
	--------	--------

9. Directors' advances, credits and guarantees

During the year advances of £114,609 were made to the director and repayments of £119,591 were made by the director. Interest of £2,748 was charged on the loan at a rate of 2.25% until April 2025 and then 3.75% thereafter.

10. Related party transactions

At the year end the directors owed the company £35,095 (2024: £40,078).