Supersound UK Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 07135336 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 November 2018

for

Supersound UK Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Sir J W G Mackenzie

Lady S A Mackenzie

REGISTERED OFFICE:

9 Market Place

Brackley

Northamptonshire

NN13 7AB

REGISTERED NUMBER:

07135336 (England and Wales)

ACCOUNTANT:

Brook & Co

Accountants

9 Market Place

Brackley

NN13 7AB

FIXED ASSETS

Investments

3

88

10,073

Investment property

4

239,892

239,892

239,980

249,965

CURRENT ASSETS

Cash at bank

313,114

310,026

CREDITORS

Amounts falling due within one year

5

(2,890

)

(3,413

)

NET CURRENT ASSETS

310,224

306,613

TOTAL ASSETS LESS CURRENT LIABILITIES

550,204

556,578

CAPITAL AND RESERVES

Called up share capital

6

100

100

Retained earnings

7

550,104

556,478

SHAREHOLDERS' FUNDS

550,204

556,578

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2018 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 of Part 15 of the Companies Act 2006 relating to small companies.

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 on 8 April 2019 and were signed on its behalf by:

Sir J W G Mackenzie - Director

1.	STATUTORY INFORMATION

Supersound UK 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

Turnover represents gross invoiced sales of services.

Investment property

Investment property is shown at the valuation thereof as at 30 November 2012.

Taxation

Taxation for the year comprises current 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.

3.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 December 2017

10,073

Impairments

(9,985

)

At 30 November 2018

88

NET BOOK VALUE

At 30 November 2018

88

At 30 November 2017

10,073

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Trelin (Cornwall) Limited

Registered office: England & Wales

Nature of business: The company did not trade during the year.

%

Class of shares:

holding

Ordinary

100.00

30.11.18

30.11.17

£

£

Aggregate capital and reserves

88

100

Loss for the year

(12

)

(13

)

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 December 2017

and 30 November 2018

239,892

NET BOOK VALUE

At 30 November 2018

239,892

At 30 November 2017

239,892

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.18

30.11.17

£

£

Trade creditors

-

178

Corporation tax

1,433

1,766

Other creditors

87

100

Directors' current accounts

50

50

Accrued expenses

1,320

1,319

2,890

3,413

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.11.18

30.11.17

value:

£

£

100

Ordinary

£1

100

100

7.

RESERVES

Retained

earnings

£

At 1 December 2017

556,478

Deficit for the year

(3,874

)

Dividends

(2,500

)

At 30 November 2018

550,104

8.	ULTIMATE CONTROLLING PARTY

The company was controlled throughout the year by Sir J W G Mackenzie and Lady S A Mackenzie who owned

100% of the issued share capital.