REGISTERED NUMBER: 04042597 (England and Wales)

AUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2025

FOR

SOUND DECISIONS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

R S T Gunter

R A Henley

REGISTERED OFFICE:

Unit 6 Regents Court

Walworth Industrial Estate

Andover

Hampshire

SP10 5NX

REGISTERED NUMBER:

04042597 (England and Wales)

AUDITORS:

Shaw Gibbs (Audit) Limited

Chartered Certified Accountants

Statutory Auditor

25 St Thomas Street

Winchester

Hampshire

SO23 9HJ

FIXED ASSETS

Intangible assets

4

608

672

Tangible assets

5

59,644

70,204

Investments

6

155

155

60,407

71,031

CURRENT ASSETS

Stocks

212,255

249,966

Debtors

7

292,340

639,816

Cash at bank and in hand

769,521

569,958

1,274,116

1,459,740

CREDITORS

Amounts falling due within one year

8

529,700

551,086

NET CURRENT ASSETS

744,416

908,654

TOTAL ASSETS LESS CURRENT LIABILITIES

804,823

979,685

CAPITAL AND RESERVES

Called up share capital

120,299

120,299

Share premium

494,637

494,637

Retained earnings

189,887

364,749

SHAREHOLDERS' FUNDS

804,823

979,685

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28th August 2026 and were signed on its behalf by:

R S T Gunter - Director

1.	STATUTORY INFORMATION

Sound Decisions 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

The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax, adjusted for uninvoiced sales and sales in advance.

Licence income is recognised in accordance with contractual arrangement between the licensor and licensee.

Patent costs

Patents and licences are capitalised at cost and amortised over the period covered by the legal rights.

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 etc

-

25% on cost

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Stocks

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

Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing stock to its present location and condition.

Financial instruments

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Research and development

Research costs are expensed to the profit and loss account in the period in which they are incurred. Development costs including that on tools, machinery, moulds, jigs and other equipment used in connection with the manufacturing of the product, incorporating any design or other intellectual property costs relating thereto. These costs are carried forward and amortised over the period of the agreement with the manufacturer.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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 7 (2024 - 7 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1st January 2025

42,440

Additions

3,655

At 31st December 2025

46,095

AMORTISATION

At 1st January 2025

41,768

Charge for year

3,719

At 31st December 2025

45,487

NET BOOK VALUE

At 31st December 2025

608

At 31st December 2024

672

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1st January 2025

232,741

Additions

9,241

Disposals

(1,777

)

At 31st December 2025

240,205

DEPRECIATION

At 1st January 2025

162,537

Charge for year

18,505

Eliminated on disposal

(481

)

At 31st December 2025

180,561

NET BOOK VALUE

At 31st December 2025

59,644

At 31st December 2024

70,204

6.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1st January 2025

and 31st December 2025

155

NET BOOK VALUE

At 31st December 2025

155

At 31st December 2024

155

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

217,839

443,351

Amounts owed by group undertakings

27,785

61,813

Other debtors

46,716

134,652

292,340

639,816

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

19,449

67,136

Amounts owed to group undertakings

11,871

11,432

Taxation and social security

174,126

127,145

Other creditors

324,254

345,373

529,700

551,086

9.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

David Barr FCA (Senior Statutory Auditor)

for and on behalf of Shaw Gibbs (Audit) Limited

10.	OTHER FINANCIAL COMMITMENTS

The company had total guarantees and commitments at the balance sheet date of £10,035 (2024: £30,105).

11.	RELATED PARTY DISCLOSURES

During the year, total dividends of £423,006 (2024 - £176,250) were paid to the directors .