Acorah Software Products - Accounts Production 14.5.601 false true false 9 February 2023 29 February 2024 29 February 2024 14650982 Mr Scott Dillon Mr James Dillon iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14650982 2023-02-08 14650982 2024-02-29 14650982 2023-02-09 2024-02-29 14650982 frs-core:CurrentFinancialInstruments 2024-02-29 14650982 frs-core:ComputerEquipment 2024-02-29 14650982 frs-core:ComputerEquipment 2023-02-09 2024-02-29 14650982 frs-core:ComputerEquipment 2023-02-08 14650982 frs-core:ShareCapital 2024-02-29 14650982 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29 14650982 frs-bus:PrivateLimitedCompanyLtd 2023-02-09 2024-02-29 14650982 frs-bus:FilletedAccounts 2023-02-09 2024-02-29 14650982 frs-bus:SmallEntities 2023-02-09 2024-02-29 14650982 frs-bus:AuditExempt-NoAccountantsReport 2023-02-09 2024-02-29 14650982 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-09 2024-02-29 14650982 frs-bus:Director1 2023-02-09 2024-02-29 14650982 frs-bus:Director2 2023-02-09 2024-02-29 14650982 frs-countries:EnglandWales 2023-02-09 2024-02-29
Registered number: 14650982
The Podcast Digital Agency Limited
Financial Statements
For the Period 9 February 2023 to 29 February 2024
MSE Business Management LLP
Association of Chartered Certified Accountants
1st Floor
104 Oxford Street
London
Greater London
W1D 1LP
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 14650982
29 February 2024
Notes £ £
FIXED ASSETS
Tangible Assets 4 384
384
CURRENT ASSETS
Debtors 5 2
Cash at bank and in hand 3,598
3,600
Creditors: Amounts Falling Due Within One Year 6 (1,160 )
NET CURRENT ASSETS (LIABILITIES) 2,440
TOTAL ASSETS LESS CURRENT LIABILITIES 2,824
NET ASSETS 2,824
CAPITAL AND RESERVES
Called up share capital 7 2
Profit and Loss Account 2,822
SHAREHOLDERS' FUNDS 2,824
For the period ending 29 February 2024 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.
On behalf of the board
Mr Scott Dillon
Director
09/08/2024
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
The Podcast Digital Agency Limited is a private company, limited by shares, incorporated in England & Wales, registered number 14650982 . The registered office is 1st Floor, 104 Oxford Street, London, Greater London, W1D 1LP.
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 and value added taxes. Turnover includes revenue earned from the rendering of services. 
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Computer Equipment 20% Straight Line
2.4. Financial Instruments
The company has only basic financial instruments.
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method.
Basic financial liabilities
Basic financial liabilities, which include creditors and bank loans, are initially recognised at transaction price unless the arrangement constitutes a financing transactions.
2.5. Taxation
Corporation tax expense represents the sum of the tax currently payable.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 2
2
4. Tangible Assets
Computer Equipment
£
Cost
As at 9 February 2023 -
Additions 480
As at 29 February 2024 480
...CONTINUED
Page 2
Page 3
Depreciation
As at 9 February 2023 -
Provided during the period 96
As at 29 February 2024 96
Net Book Value
As at 29 February 2024 384
As at 9 February 2023 -
5. Debtors
29 February 2024
£
Due within one year
Other debtors 2
6. Creditors: Amounts Falling Due Within One Year
29 February 2024
£
Corporation tax 620
Accruals and deferred income 540
1,160
7. Share Capital
29 February 2024
£
Allotted, Called up and fully paid 2
Page 3