The directors present their annual report and financial statements for the year ended 31 December 2025.

The directors who held office during the year and up to the date of signature of the financial statements were as follows:

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.

The directors are responsible for preparing the annual report and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law, the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period.

In preparing these financial statements, the directors are required to:

• select suitable accounting policies and then apply them consistently;

• make judgements and accounting estimates that are reasonable and prudent; and

• prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company’s transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

For the financial year ended 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has 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 Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

Professional Lighting and Sound Association 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.

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 comprises the invoiced value of goods and services supplied by the company, net of value added tax. It is stated exclusive of sales of fixed assets.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

The tax expense represents the sum of the tax currently payable and deferred tax.

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 statement of financial position date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

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The company makes defined pension contributions for some of its employees. All contributions are charged to the

profit and loss account as incurred.

Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction.

Leasing and hire purchase

Assets obtained under hire purchase and finance leases are capitalised as tangible fixed assets and depreciated over their useful lives. The interest element of the rental payment is charged to the profit and loss account over the period of the lease. Rentals under operating leases are charged to the profit and loss account on a straight line basis over the term of the lease.

Pensions

The company makes defined pension contributions for some of its employees. All contributions are charged to the profit and loss account as incurred.

The average monthly number of persons (including directors) employed by the company during the year was:

The company's investments at the balance sheet date in the Share Capital of the companies includes the following:

PLASA Media Limited

Country of incorporation: England

Nature of business: Publishers

Class of shares: Ordinary £1 shares : 100% holding

£

Aggregate capital and reserves 391,330

Profit for the year 68,604

PLASA Events Limited

Country of incorporation: England

Nature of business: Exhibition and Event organisers

Class of shares: Ordinary £1 shares : 100% holding

£

Aggregate capital and reserves 568,949

Profit for the year 976,139

The company received £200,000 (2024 - £200,000) of management fees from its parent, the Professional Lighting and Sound Association (PLASA). The balance due from PLASA at 31 December 2025 was £259,161 (2024 - £700,254)

PLASA Limited owns the entire share capital of PLASA Media Ltd and PLASA Events Ltd, the company

entered into the following transactions with its subsidiaries.

The company made sales and recharges of £61,698 (2024 - £46,462) to PLASA Media Limited, a company registered in England and Wales under common control of the Professional Lighting and Sound Association. At 31 December 2025 the company was owed £219,517 by PLASA Media Ltd (2024 - £23,307). During the year a £0 dividend (2024 - £100,000) was voted by PLASA Media Ltd in favour of PLASA Limited.

The company made sales and recharges of £123,417 (2024 - £128,840) and purchases of £67,624 (2024 - £56,115) to/from PLASA Events Limited, a company registered in England and Wales and under common control of the Professional Lighting and Sound Association. At 31 December 2025 the company was owed £42,150 by PLASA Events Limited (2024 - owed £563,518). During the year £1,000,000 (2024 - £800,000) dividends were voted by PLASA Events Ltd in favour of PLASA Limited..