T.G. Baker (Sound) Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: SC053364

T.G. Baker (Sound) Limited

Filleted Unaudited Financial Statements

31 December 2025

T.G. Baker (Sound) Limited

Financial Statements

Period from 1 July 2025 to 31 December 2025

Contents	Page

Chartered accountants report to the board of directors on the preparation of the unaudited statutory financial statements	1

Statement of financial position	2

Notes to the financial statements	4

T.G. Baker (Sound) Limited

Chartered Accountants Report to the Board of Directors on the Preparation of the Unaudited Statutory Financial Statements of T.G. Baker (Sound) Limited

Period from 1 July 2025 to 31 December 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of T.G. Baker (Sound) Limited for the period ended 31 December 2025, which comprise the statement of financial position and the related notes from the company's accounting records and from information and explanations you have given us. As a practising member firm of ICAS, we are subject to its ethical and other professional requirements which are detailed at www.icas.com/accountspreparationguidance. This report is made solely to the Board of Directors of T.G. Baker (Sound) Limited, as a body. Our work has been undertaken solely to prepare for your approval the financial statements of T.G. Baker (Sound) Limited and state those matters that we have agreed to state to you, as a body, in this report in accordance with the requirements of ICAS as detailed at www.icas.com/accountspreparationguidance. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than T.G. Baker (Sound) Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that T.G. Baker (Sound) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of T.G. Baker (Sound) Limited. You consider that T.G. Baker (Sound) Limited is exempt from the statutory audit requirement for the period. We have not been instructed to carry out an audit or a review of the financial statements of T.G. Baker (Sound) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

GILLILAND & COMPANY Chartered Accountants

216 West George Street Glasgow G2 2PQ

10 July 2026

T.G. Baker (Sound) Limited

Statement of Financial Position

31 December 2025

	31 Dec 25		30 Jun 25
Note	£	£	£

Fixed assets

Tangible assets	5		188,774	247,607

Current assets

Stocks		216,908	715,780
Debtors	6	1,400,795	1,289,657
Cash at bank and in hand		451,102	–
		------------	------------
		2,068,805	2,005,437

Creditors: amounts falling due within one year	7	1,163,211		952,587
		------------		------------
Net current assets			905,594	1,052,850
			------------	------------
Total assets less current liabilities			1,094,368	1,300,457

Creditors: amounts falling due after more than one year	8		44,447	78,560

Provisions

Taxation including deferred tax	41,435	40,206
	------------	------------
Net assets	1,008,486	1,181,691
	------------	------------

Capital and reserves

Called up share capital	55,000	55,000
Profit and loss account	953,486	1,126,691
	------------	------------
Shareholders funds	1,008,486	1,181,691
	------------	------------

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 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 .

T.G. Baker (Sound) Limited

Statement of Financial Position (continued)

31 December 2025

These financial statements were approved by the board of directors and authorised for issue on 10 July 2026 , and are signed on behalf of the board by:

Mr S McCahill

Director

Company registration number: SC053364

T.G. Baker (Sound) Limited

Notes to the Financial Statements

Period from 1 July 2025 to 31 December 2025

1. General information

The company is a private company limited by shares, registered in Scotland. The address of the registered office is 173/175 Glasgow Road, Clydebank, Glasgow, G81 1 LQ, Scotland.

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.

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change of value.

Reporting periods

The company is presenting the financial statements for a shorter period. Comparative amounts are therefore not comparable.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

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.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

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	-	33% straight line
Fixtures and fittings	-	Useful life of 4 and 10 years
Motor vehicles	-	20% straight line

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

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. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.

Financial instruments

A financial asset or a financial liability is recognised only when the entity 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.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the period amounted to 41 (2025: 45 ).

5. Tangible assets

	Plant and machinery	Fixtures and fittings	Motor vehicles	Total
	£	£	£	£
Cost
At 1 July 2025	75,548	289,763	420,696	786,007
Additions	–	–	43,885	43,885
Disposals	–	–	( 52,806)	( 52,806)
	--------	---------	---------	---------
At 31 December 2025	75,548	289,763	411,775	777,086
	--------	---------	---------	---------
Depreciation
At 1 July 2025	68,269	273,776	196,354	538,399
Charge for the period	5,406	4,826	92,488	102,720
Disposals	–	–	( 52,807)	( 52,807)
	--------	---------	---------	---------
At 31 December 2025	73,675	278,602	236,035	588,312
	--------	---------	---------	---------
Carrying amount
At 31 December 2025	1,873	11,161	175,740	188,774
	--------	---------	---------	---------
At 30 June 2025	7,279	15,987	224,342	247,608
	--------	---------	---------	---------

6. Debtors

	31 Dec 25	30 Jun 25
	£	£
Trade debtors	854,853	1,109,925
Amounts owed by group undertakings	88,222	69,625
Prepayments and accrued income	342,794	36,914
Corporation tax repayable	85,083	–
Other debtors	29,843	73,193
	------------	------------
	1,400,795	1,289,657
	------------	------------

7. Creditors: amounts falling due within one year

	31 Dec 25	30 Jun 25
	£	£
Bank loans and overdrafts	–	32,565
Trade creditors	707,385	442,254
Amounts owed to group undertakings	183,248	–
Accruals and deferred income	31,717	163,351
Corporation tax	–	81,737
Social security and other taxes	105,527	94,691
Obligations under finance leases and hire purchase contracts	59,744	77,829
Director loan accounts	–	60,000
Other creditors	75,590	160
	------------	---------
	1,163,211	952,587
	------------	---------

Amounts due under hire purchase and finance lease obligations are secured by the assets to which they relate.

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

	31 Dec 25	30 Jun 25
	£	£
Bank loans and overdrafts	–	12,500
Other creditors	44,447	66,060
	--------	--------
	44,447	78,560
	--------	--------

9. Directors' advances, credits and guarantees

At the year end, a balance of £nil (2025: £60,000) was payable to key management personnel. This loan is interest free, unsecured and has no fixed date of repayment.

10. Related party transactions

At the period end, the company was due £88,222 (2025: £69,625) from a company under common control. The loan is interest free, unsecured and repayable on demand. At the period end, the company owed £183,248 (2025: £Nil) to its parent company. The loan is interest free, unsecured and repayable on demand.

11. Controlling party

The company is under the control of the directors throughout the period.