REGISTERED NUMBER: 03669636 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 29TH NOVEMBER 2025

FOR

STUDIOCARE PROFESSIONAL AUDIO LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R T Threlfall

Mrs S Threlfall

R B Whalley

SECRETARY:

Mrs S Threlfall

REGISTERED OFFICE:

Venture Court

2 Debdale Road

Wellingborough

Northamptonshire

NN8 5AA

REGISTERED NUMBER:

03669636 (England and Wales)

ACCOUNTANTS:

ISIS Business Solutions (Northants) LLP

Venture Court

2 Debdale Road

Wellingborough

Northamptonshire

NN8 5AA

FIXED ASSETS

Tangible assets

4

1,005,692

644,416

CURRENT ASSETS

Stocks

3,325,824

3,075,617

Debtors

5

144,419

244,432

Cash at bank and in hand

1,266,516

1,541,904

4,736,759

4,861,953

CREDITORS

Amounts falling due within one year

6

685,314

612,529

NET CURRENT ASSETS

4,051,445

4,249,424

TOTAL ASSETS LESS CURRENT LIABILITIES

5,057,137

4,893,840

PROVISIONS FOR LIABILITIES

251,423

161,104

NET ASSETS

4,805,714

4,732,736

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

4,805,614

4,732,636

4,805,714

4,732,736

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29th November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 29th November 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27th August 2026 and were signed on its behalf by:

R T Threlfall - Director

1.	STATUTORY INFORMATION

Studiocare Professional Audio Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

20% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 30 (2024 - 34 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

£

£

£

COST

At 30th November 2024

1,865,059

205,276

100,798

2,171,133

Additions

418,771

182,689

16,103

617,563

Disposals

(12,885

)

-

-

(12,885

)

At 29th November 2025

2,270,945

387,965

116,901

2,775,811

DEPRECIATION

At 30th November 2024

1,306,213

161,168

59,336

1,526,717

Charge for year

194,551

45,359

11,513

251,423

Eliminated on disposal

(8,021

)

-

-

(8,021

)

At 29th November 2025

1,492,743

206,527

70,849

1,770,119

NET BOOK VALUE

At 29th November 2025

778,202

181,438

46,052

1,005,692

At 29th November 2024

558,846

44,108

41,462

644,416

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

102,306

210,390

Amounts owed by associates

577

577

Other debtors

41,536

33,465

144,419

244,432

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

756

506

Trade creditors

184,103

248,072

Taxation and social security

220,017

173,949

Other creditors

280,438

190,002

685,314

612,529

7.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the balance sheet date, included with other creditors, amounts falling due within one year are the following amounts due to the Directors;

R T Threlfall & Mrs S Threlfall £140,641

R B Whalley £120,000