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REGISTERED NUMBER: 07437012 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

CONTENT ON DEMAND LTD

CONTENT ON DEMAND LTD (REGISTERED NUMBER: 07437012)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CONTENT ON DEMAND LTD

Company Information
for the Year Ended 31 December 2023







DIRECTORS: Mrs A L Parkin
P D Parkin
I D Smith





REGISTERED OFFICE: 191 Oldfield Road
Stannington
Sheffield
South Yorkshire
S6 6DX





REGISTERED NUMBER: 07437012 (England and Wales)





ACCOUNTANTS: Carter Smith
12/14 Church Street
Ecclesfield
Sheffield
South Yorkshire
S35 9WE

CONTENT ON DEMAND LTD (REGISTERED NUMBER: 07437012)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 1,474 2,154
1,474 2,154

CURRENT ASSETS
Debtors 6 4,342 20,712
Cash at bank 64,222 45,858
68,564 66,570
CREDITORS
Amounts falling due within one year 7 28,679 27,942
NET CURRENT ASSETS 39,885 38,628
TOTAL ASSETS LESS CURRENT
LIABILITIES

41,359

40,782

CREDITORS
Amounts falling due after more than one
year

8

(34,002

)

(40,280

)

PROVISIONS FOR LIABILITIES (280 ) (409 )
NET ASSETS 7,077 93

CAPITAL AND RESERVES
Called up share capital 200 200
Retained earnings 6,877 (107 )
SHAREHOLDERS' FUNDS 7,077 93

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 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.

CONTENT ON DEMAND LTD (REGISTERED NUMBER: 07437012)

Balance Sheet - continued
31 December 2023


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 27 March 2024 and were signed on its behalf by:





Mrs A L Parkin - Director


CONTENT ON DEMAND LTD (REGISTERED NUMBER: 07437012)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Content On Demand Ltd 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.

Goodwill
The company purchased the business of Anna Smith trading as Content on Demand in 2011 for £10,000. The goodwill is being amortised over 10 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 etc - 20% 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

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.

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.

CONTENT ON DEMAND LTD (REGISTERED NUMBER: 07437012)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 4 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 January 2023
and 31 December 2023 20,000
AMORTISATION
At 1 January 2023
and 31 December 2023 20,000
NET BOOK VALUE
At 31 December 2023 -
At 31 December 2022 -

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2023 6,160
Additions 991
Disposals (2,316 )
At 31 December 2023 4,835
DEPRECIATION
At 1 January 2023 4,006
Charge for year 485
Eliminated on disposal (1,130 )
At 31 December 2023 3,361
NET BOOK VALUE
At 31 December 2023 1,474
At 31 December 2022 2,154

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 3,600 12,332
Other debtors 742 8,380
4,342 20,712

CONTENT ON DEMAND LTD (REGISTERED NUMBER: 07437012)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Bank loans and overdrafts 6,277 6,339
Trade creditors 539 682
Taxation and social security 19,235 15,063
Other creditors 2,628 5,858
28,679 27,942

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.23 31.12.22
£    £   
Bank loans 34,002 40,280