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 7407180 Mr Philip Rapley Mrs Victoria Rapley iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 7407180 2022-12-31 7407180 2023-12-31 7407180 2023-01-01 2023-12-31 7407180 frs-core:CurrentFinancialInstruments 2023-12-31 7407180 frs-core:Non-currentFinancialInstruments 2023-12-31 7407180 frs-core:FurnitureFittings 2023-12-31 7407180 frs-core:FurnitureFittings 2023-01-01 2023-12-31 7407180 frs-core:FurnitureFittings 2022-12-31 7407180 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-12-31 7407180 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 7407180 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2022-12-31 7407180 frs-core:PlantMachinery 2023-12-31 7407180 frs-core:PlantMachinery 2023-01-01 2023-12-31 7407180 frs-core:PlantMachinery 2022-12-31 7407180 frs-core:ShareCapital 2023-12-31 7407180 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 7407180 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 7407180 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 7407180 frs-bus:SmallEntities 2023-01-01 2023-12-31 7407180 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 7407180 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 7407180 frs-bus:OrdinaryShareClass1 2023-01-01 2023-12-31 7407180 frs-bus:OrdinaryShareClass1 2023-12-31 7407180 frs-bus:Director1 2023-01-01 2023-12-31 7407180 frs-bus:CompanySecretary1 2023-01-01 2023-12-31 7407180 frs-countries:EnglandWales 2023-01-01 2023-12-31 7407180 2021-12-31 7407180 2022-12-31 7407180 2022-01-01 2022-12-31 7407180 frs-core:CurrentFinancialInstruments 2022-12-31 7407180 frs-core:Non-currentFinancialInstruments 2022-12-31 7407180 frs-core:ShareCapital 2022-12-31 7407180 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31 7407180 frs-bus:OrdinaryShareClass1 2022-01-01 2022-12-31
Registered number: 7407180
Mojo Media Norfolk Limited
Unaudited Financial Statements
For The Year Ended 31 December 2023
Graver & Co Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 7407180
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,392 1,853
1,392 1,853
CURRENT ASSETS
Stocks 5 4,347 -
Debtors 6 28,259 51,125
Cash at bank and in hand 232,735 200,581
265,341 251,706
Creditors: Amounts Falling Due Within One Year 7 (25,023 ) (20,251 )
NET CURRENT ASSETS (LIABILITIES) 240,318 231,455
TOTAL ASSETS LESS CURRENT LIABILITIES 241,710 233,308
NET ASSETS 241,710 233,308
CAPITAL AND RESERVES
Called up share capital 8 10 10
Profit and Loss Account 241,700 233,298
SHAREHOLDERS' FUNDS 241,710 233,308
Page 1
Page 2
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 member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 Philip Rapley
Director
23rd April 2024
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Mojo Media Norfolk Limited Registered number 7407180 is a limited by shares company incorporated in England & Wales. The Registered Office is 2 Station Road, Brundall, Norwich, NR13 5LA.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
2.2. Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. All income is derived from activities within the UK.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. 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:
Freehold 25% reducing balance
Plant & Machinery 25% reducing balance
Fixtures & Fittings 25% reducing balance
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.5. Taxation
The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2023 2022
Office and administration 1 1
1 1
Page 3
Page 4
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 January 2023 2,079 6,408 375 8,862
As at 31 December 2023 2,079 6,408 375 8,862
Depreciation
As at 1 January 2023 2,016 4,774 219 7,009
Provided during the period 15 407 39 461
As at 31 December 2023 2,031 5,181 258 7,470
Net Book Value
As at 31 December 2023 48 1,227 117 1,392
As at 1 January 2023 63 1,634 156 1,853
5. Stocks
2023 2022
£ £
Stock 4,347 -
6. Debtors
2023 2022
£ £
Due within one year
Trade debtors 4,457 11,957
Prepayments and accrued income 539 -
Other debtors 8,553 5,806
13,549 17,763
Due after more than one year
Directors loan account 14,710 33,362
28,259 51,125
Page 4
Page 5
7. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 17,868 13,946
Corporation tax 7,155 6,305
25,023 20,251
8. Share Capital
2023 2022
Allotted, called up and fully paid £ £
10 Ordinary Shares of £ 1.000 each 10 10
9. Directors Advances, Credits and Guarantees
Dividends paid to directors
2023 2022
£ £
Mr Philip Rapley 19,950 15,939
10. Dividends
2023 2022
£ £
On equity shares:
Final dividend paid 19,950 15,939
Page 5