Ardent Audio Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 04148759 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 January 2019

for

Ardent Audio Limited

Page

Company Information

1

Abridged Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

P R Scurrell

Mrs M A Scurrell

Mrs E Scurrell

SECRETARY:

Mrs M A Scurrell

REGISTERED OFFICE:

12 Holt Castle Barns

Holt Heath

Worcester

WR6 6NJ

REGISTERED NUMBER:

04148759 (England and Wales)

ACCOUNTANTS:

Davies Archytas Accountants Ltd

14, The Oaks

Clews Road

Oakenshaw

Redditch

Worcestershire

B98 7ST

FIXED ASSETS

Tangible assets

4

2,039

2,719

CURRENT ASSETS

Debtors

14,092

23,098

Cash at bank

2,558

-

16,650

23,098

CREDITORS

Amounts falling due within one year

17,736

24,761

NET CURRENT LIABILITIES

(1,086

)

(1,663

)

TOTAL ASSETS LESS CURRENT LIABILITIES

953

1,056

PROVISIONS FOR LIABILITIES

387

521

NET ASSETS

566

535

CAPITAL AND RESERVES

Called up share capital

5

5

5

Retained earnings

561

530

SHAREHOLDERS' FUNDS

566

535

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2019 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Statement of Financial Position for the year ended 31 January 2019 in accordance with Section 444(2A) of the Companies Act 2006.

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 30 September 2019 and were signed on its behalf by:

P R Scurrell - Director

1.	STATUTORY INFORMATION

Ardent Audio 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

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 reducing balance

Equipment

-

25% on reducing balance

Taxation

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

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2018 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 February 2018

and 31 January 2019

56,843

DEPRECIATION

At 1 February 2018

54,124

Charge for year

680

At 31 January 2019

54,804

NET BOOK VALUE

At 31 January 2019

2,039

At 31 January 2018

2,719

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.1.19

31.1.18

value:

£

£

5

Share capital 1

£1

5

5

6.	ULTIMATE CONTROLLING PARTY

During the financial year the controlling parties were the directors by virtue of their 100% holding of the issued

share capital.