Sound Booth Ltd
Sound Booth Ltd
Registered number: 10707928
Unaudited Financial Statements
For The Year Ended
30 November 2022
Sound Booth Ltd
Unaudited Financial Statements
For The Year Ended
30 November 2022
Unaudited Financial Statements
Contents | |
Page | |
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Balance Sheet | 1 |
Notes to the Financial Statements | 2—3 |
Page 1
Sound Booth Ltd
Balance Sheet
As At
30 November 2022
Balance Sheet
Registered number:
10707928
For the year ending 30 November 2022 the company was entitled to exemption from audit 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 directors acknowledge 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
30 November 2022 | 30 November 2021 | ||||
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Notes | £ | £ | £ | £ | |
CURRENT ASSETS | |||||
Debtors | 4 |
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Cash at bank and in hand |
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Creditors: Amounts Falling Due Within One Year | 5 |
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NET CURRENT ASSETS (LIABILITIES) |
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TOTAL ASSETS LESS CURRENT LIABILITIES |
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NET ASSETS |
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CAPITAL AND RESERVES | |||||
Called up share capital | 6 |
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Profit and Loss Account |
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SHAREHOLDERS' FUNDS | 7,328 | 6,043 | |||
On behalf of the board
Director
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Director
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The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Sound Booth Ltd
Notes to the Financial Statements
For The Year Ended
30 November 2022
Notes to the Financial Statements
1.
General Information
Sound Booth Ltd
is a private company, limited by shares, incorporated in England & Wales, registered number
10707928
. The registered office is Office 4 The Production House, The Boulevard, Stoke-On-Trent, ST6 6DW.
2.
Accounting Policies
2.1.
Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Rendering of services
Turnover 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.
2.3.
Government Grant
Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.
All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.
3.
Average Number of Employees
Average number of employees, including directors, during the year was as follows: 3 (2021: 3)
4.
Debtors
30 November 2022 | 30 November 2021 | ||
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£ | £ | ||
Due within one year | |||
Trade debtors |
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Prepayments and accrued income |
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Other debtors |
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Corporation tax recoverable assets |
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Amounts owed by other participating interests | 2,133 | - | |
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5.
Creditors: Amounts Falling Due Within One Year
30 November 2022 | 30 November 2021 | ||
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£ | £ | ||
Trade creditors |
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Accruals and deferred income |
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Page 2
Page 3
Sound Booth Ltd
Notes to the Financial Statements (continued)
For The Year Ended
30 November 2022
6.
Share Capital
30 November 2022 | 30 November 2021 | ||
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£ | £ | ||
Allotted, Called up and fully paid |
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7.
Directors Advances, Credits and Guarantees
Dividends paid to directors in the year were £3 (2021: Nil)
Page 3