POOR AUDIO LIMITED


Director	Oliver Edwin Siebert


Registered Address	101 New Cavendish Street
	1st Floor South
	London
	W1W 6XH


Registered Number	09319342 (England and Wales)

Balance Sheet as at
31 December 2025

	Notes	2025		2024
		£	£	£	£
Current assets
Debtors		244,685		240,892
Cash at bank and on hand		7,809		18,766
		252,494		259,658
Creditors amounts falling due within one year	3	(78,561)		(75,420)
Net current assets (liabilities)			173,933		184,238
Total assets less current liabilities			173,933		184,238
Net assets			173,933		184,238
Capital and reserves
Called up share capital			1		1
Profit and loss account			173,932		184,237
Shareholders' funds			173,933		184,238

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 27 August 2026, and are signed on its behalf by:

Oliver Edwin Siebert
Director
Registered Company No. 09319342

POOR AUDIO LIMITED

Notes to the Financial Statements
for the year ended 31 December 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Going concern
	After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis of accounting in preparing its financial statements.

	Revenue from rendering of services
	Revenue from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

	Interest income
	Interest income is recognised using the effective interest rate method.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	1		1

3.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	1,030	-
Taxation and social security	76,007	72,947
Other creditors	24	-
Accrued liabilities and deferred income	1,500	2,473
Total	78,561	75,420

4.	Related party transactions
	At the year end the director owed the company £170,592. Interest has been included at the HMRC Official rate of 3.25%.