Sound Action Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 06578890

SOUND ACTION LIMITED

FILLETED UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 December 2025

SOUND ACTION LIMITED

STATEMENT OF FINANCIAL POSITION

31 December 2025

	2025		2024
Note	£	£	£	£

FIXED ASSETS

Investments	4		461,029		461,029

CURRENT ASSETS

Cash at bank and in hand	84		79

CREDITORS: amounts falling due within one year	5	( 454,987)		( 436,057)
		---------		---------
NET CURRENT LIABILITIES			( 454,903)		( 435,978)
			---------		---------
TOTAL ASSETS LESS CURRENT LIABILITIES			6,126		25,051
			-------		--------
NET ASSETS			6,126		25,051
			-------		--------

CAPITAL AND RESERVES

Called up share capital	751	751
Profit and loss account	5,375	24,300
	-------	--------
SHAREHOLDERS FUNDS	6,126	25,051
	-------	--------

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 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

SOUND ACTION LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

31 December 2025

These financial statements were approved by the board of directors and authorised for issue on 25 August 2026 , and are signed on behalf of the board by:

S Allison
Director

Company registration number: 06578890

SOUND ACTION LIMITED

NOTES TO THE FINANCIAL STATEMENTS

YEAR 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 1-5 Springfield Mount, Leeds, LS2 9NG.

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

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.

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.

Income tax

Current tax is recognised on taxable profit for the current and past periods.

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Financial instruments

Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit and loss. Derivative financial instruments are initially recorded at transaction price and thereafter at fair value with changes recognised in profit and loss. The company holds the following financial assets and liabilities: Cash, Short-term trade and other debtors, and creditors. Cash in the balance sheet comprises cash at banks and in hand and short term deposits with an original maturity date of three months or less. 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 before operating profit.

4. INVESTMENTS

	Unlisted
	£
Cost
At 1 January 2025 and 31 December 2025	461,029
	---------
Impairment
At 1 January 2025 and 31 December 2025	–
	---------

Carrying amount
At 31 December 2025	461,029
	---------
At 31 December 2024	461,029
	---------

Under the provision of section 398 of the Companies Act 2006 the company is exempt from preparing consolidated accounts and has not done so, therefore the accounts show information about the company as an individual entity.

5. CREDITORS: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	–	38,322
Trade creditors	246	288
Amounts owed to group undertakings and undertakings in which the company has a participating interest	436,631	394,587
Amounts due to related companies	–	1,250
Other creditors	18,110	1,610
	---------	---------
	454,987	436,057
	---------	---------