Acorah Software Products - Accounts Production 15.0.600 false true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 07960939 Mr Adam Smith Mr Adam Castleton Mr Andrew Hill Mr Nigel Warburton Mrs Rachel Jones Mr William Rogers Mr Harry Kalms iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07960939 2022-12-31 07960939 2023-12-31 07960939 2023-01-01 2023-12-31 07960939 frs-core:CurrentFinancialInstruments 2023-12-31 07960939 frs-core:Non-currentFinancialInstruments 2023-12-31 07960939 frs-core:ComputerEquipment 2023-12-31 07960939 frs-core:ComputerEquipment 2023-01-01 2023-12-31 07960939 frs-core:ComputerEquipment 2022-12-31 07960939 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-12-31 07960939 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-01-01 2023-12-31 07960939 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2022-12-31 07960939 frs-core:FurnitureFittings 2023-12-31 07960939 frs-core:FurnitureFittings 2023-01-01 2023-12-31 07960939 frs-core:FurnitureFittings 2022-12-31 07960939 frs-core:NetGoodwill 2023-12-31 07960939 frs-core:NetGoodwill 2023-01-01 2023-12-31 07960939 frs-core:NetGoodwill 2022-12-31 07960939 frs-core:PlantMachinery 2023-12-31 07960939 frs-core:PlantMachinery 2023-01-01 2023-12-31 07960939 frs-core:PlantMachinery 2022-12-31 07960939 frs-core:SharePremium 2023-12-31 07960939 frs-core:ShareCapital 2023-12-31 07960939 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 07960939 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 07960939 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 07960939 frs-bus:SmallEntities 2023-01-01 2023-12-31 07960939 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 07960939 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 07960939 frs-bus:Director1 2023-01-01 2023-12-31 07960939 frs-bus:Director2 2023-01-01 2023-12-31 07960939 frs-bus:Director3 2023-01-01 2023-12-31 07960939 frs-bus:Director4 2023-01-01 2023-12-31 07960939 frs-bus:Director5 2023-01-01 2023-12-31 07960939 frs-bus:Director6 2023-01-01 2023-12-31 07960939 frs-bus:Director7 2023-01-01 2023-12-31 07960939 1 2023-01-01 2023-12-31 07960939 frs-countries:EnglandWales 2023-01-01 2023-12-31 07960939 2021-12-31 07960939 2022-12-31 07960939 2022-01-01 2022-12-31 07960939 frs-core:CurrentFinancialInstruments 2022-12-31 07960939 frs-core:Non-currentFinancialInstruments 2022-12-31 07960939 frs-core:SharePremium 2022-12-31 07960939 frs-core:ShareCapital 2022-12-31 07960939 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31 07960939 1 2022-01-01 2022-12-31
Registered number: 07960939
Startle Music Limited
Unaudited Financial Statements
For The Year Ended 31 December 2023
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 07960939
2023 2022
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 3 457,269 521,828
Tangible Assets 4 267,407 138,231
724,676 660,059
CURRENT ASSETS
Debtors 5 832,729 723,266
Cash at bank and in hand 315,052 424,830
1,147,781 1,148,096
Creditors: Amounts Falling Due Within One Year 6 (388,717 ) (256,749 )
NET CURRENT ASSETS (LIABILITIES) 759,064 891,347
TOTAL ASSETS LESS CURRENT LIABILITIES 1,483,740 1,551,406
Creditors: Amounts Falling Due After More Than One Year 7 (31,019 ) (36,574 )
NET ASSETS 1,452,721 1,514,832
CAPITAL AND RESERVES
Called up share capital 163 163
Share premium account 1,890,124 1,890,124
Profit and Loss Account (437,566 ) (375,455 )
SHAREHOLDERS' FUNDS 1,452,721 1,514,832
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For the year ending 31 December 2023 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 Adam Castleton
Director
27 August 2024
The notes on pages 3 to 6 form part of these financial statements.
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Notes to the Financial Statements
1. Accounting Policies
1.1. 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.
1.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of value added taxes. Turnover includes revenue earned from the provision of services and is recognised at the point of invoice. If the provision of services spans the financial year end, it is measured by reviewing the actual services performed against the total services to be provided and is only recognised if it can be estimated reliably.
1.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 10 years.
1.4. Intangible Fixed Assets and Amortisation - Other Intangible
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses. It is amortised to profit and loss account over its estimated economic life of 3 years.
1.5. 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:
Plant and machinery 33% Straight Line
Fixtures and fittings 25% Straight Line
Office equipment 33% Straight Line
1.6. Financial Instruments
Debtors and creditors which are due within one year are recorded at transaction price, less any impairment. 
1.7. Foreign Currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
1.8. Taxation
The taxation expense represents the sum of the tax currently payable and deferred tax. Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
Current tax
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account 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.
...CONTINUED
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1.8. Taxation - continued
Deferred tax 
Deferred tax has not been recognised as it is not material to the financial statements. The directors will review this annually.
1.9. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
1.10. Finance costs
Finance costs are charged to the Statement of income and retained earnings over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.
2. Average Number of Employees
2023 2022
Average number of employees, including directors, during the year 16 14
16 14
3. Intangible Assets
Goodwill Development costs Total
£ £ £
Cost
As at 1 January 2023 679,507 932,330 1,611,837
Additions - 137,803 137,803
As at 31 December 2023 679,507 1,070,133 1,749,640
Amortisation
As at 1 January 2023 430,351 659,658 1,090,009
Provided during the period 67,955 134,407 202,362
As at 31 December 2023 498,306 794,065 1,292,371
Net Book Value
As at 31 December 2023 181,201 276,068 457,269
As at 1 January 2023 249,156 272,672 521,828
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4. Tangible Assets
Plant and machinery Fixtures and fittings Office equipment Total
£ £ £ £
Cost
As at 1 January 2023 1,079,529 - 27,589 1,107,118
Additions 192,842 7,313 6,998 207,153
Disposals (319,797 ) - (852 ) (320,649 )
As at 31 December 2023 952,574 7,313 33,735 993,622
Depreciation
As at 1 January 2023 948,363 - 20,524 968,887
Provided during the period 74,121 - 3,856 77,977
Disposals (319,797 ) - (852 ) (320,649 )
As at 31 December 2023 702,687 - 23,528 726,215
Net Book Value
As at 31 December 2023 249,887 7,313 10,207 267,407
As at 1 January 2023 131,166 - 7,065 138,231
5. Debtors
2023 2022
£ £
Due within one year
Trade debtors 261,184 206,180
Amounts owed by participating interests 475,744 475,379
Other debtors 95,801 41,707
832,729 723,266
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 170,222 133,311
Bank loans and overdrafts 5,805 5,556
Other creditors 151,832 62,423
Taxation and social security 60,858 55,459
388,717 256,749
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7. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans 31,019 36,574
31,019 36,574
8. Related Party Transactions
The amount due from the related party at the year end was £475,744 (2022 : £475,379)
9. General Information
Startle Music Limited is a private company, limited by shares and incorporated in England & Wales. The registered company number is 07960939 . The registered office is 6 Hillside Farm, Pepper Hill, Great Amwell, United Kingdom, SG12 9FX.
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