REGISTERED NUMBER: 04642177 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

FOR

SONAR TECHNOLOGIES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr JR Wells

Mrs LA Wells

SECRETARY:

Mrs LA Wells

REGISTERED OFFICE:

49a Iliffe Avenue

Oadby

Leicester

Leicestershire

LE2 5LH

REGISTERED NUMBER:

04642177 (England and Wales)

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

13,240

15,919

13,240

15,919

CURRENT ASSETS

Debtors

6

4,683

20,558

Cash at bank

27,721

18,972

32,404

39,530

CREDITORS

Amounts falling due within one year

7

21,150

35,830

NET CURRENT ASSETS

11,254

3,700

TOTAL ASSETS LESS CURRENT LIABILITIES

24,494

19,619

PROVISIONS FOR LIABILITIES

2,516

3,025

NET ASSETS

21,978

16,594

CAPITAL AND RESERVES

Called up share capital

300

300

Retained earnings

21,678

16,294

SHAREHOLDERS' FUNDS

21,978

16,594

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10 September 2026 and were signed on its behalf by:

Mr JR Wells - Director

1.	STATUTORY INFORMATION

Sonar Technologies 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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

Revenue comprises the fair value for the sale of goods and services, excluding value added taxes and represents net invoice value less estimated rebates, returns and settlement discounts. In all cases revenue is recognised when the risks and rewards of ownership are transferred and this is defined to be on dispatch of the goods.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2003, is being amortised evenly over its estimated useful life of seventeen years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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

-

25% on cost

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

33% on reducing balance

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Debtors

Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Creditors

Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2025 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2025

and 31 March 2026

5,538

AMORTISATION

At 1 April 2025

and 31 March 2026

5,538

NET BOOK VALUE

At 31 March 2026

-

At 31 March 2025

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1 April 2025

and 31 March 2026

5,300

63,186

4,436

72,922

DEPRECIATION

At 1 April 2025

795

53,392

2,816

57,003

Charge for year

676

1,469

534

2,679

At 31 March 2026

1,471

54,861

3,350

59,682

NET BOOK VALUE

At 31 March 2026

3,829

8,325

1,086

13,240

At 31 March 2025

4,505

9,794

1,620

15,919

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

3,508

19,958

VAT

575

-

Prepayments

600

600

4,683

20,558

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Payments on account

3,759

6,282

Trade creditors

4,096

5,171

Taxation

2,933

795

Paye/Ni payable

(189

)

-

VAT

-

2,504

Directors' loan accounts

223

793

Accrued expenses

10,328

20,285

21,150

35,830