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 11740059 Dr Gregory Boardman Mr Daniel Newell iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11740059 2022-12-31 11740059 2023-12-31 11740059 2023-01-01 2023-12-31 11740059 frs-core:CurrentFinancialInstruments 2023-12-31 11740059 frs-core:Non-currentFinancialInstruments 2023-12-31 11740059 frs-core:ComputerEquipment 2023-12-31 11740059 frs-core:ComputerEquipment 2023-01-01 2023-12-31 11740059 frs-core:ComputerEquipment 2022-12-31 11740059 frs-core:ShareCapital 2023-12-31 11740059 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 11740059 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 11740059 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 11740059 frs-bus:SmallEntities 2023-01-01 2023-12-31 11740059 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 11740059 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 11740059 frs-bus:Director1 2023-01-01 2023-12-31 11740059 frs-bus:Director2 2023-01-01 2023-12-31 11740059 frs-countries:EnglandWales 2023-01-01 2023-12-31 11740059 2021-12-31 11740059 2022-12-31 11740059 2022-01-01 2022-12-31 11740059 frs-core:CurrentFinancialInstruments 2022-12-31 11740059 frs-core:Non-currentFinancialInstruments 2022-12-31 11740059 frs-core:ShareCapital 2022-12-31 11740059 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 11740059
Little People Big Noise Limited
Financial Statements
For The Year Ended 31 December 2023
5th Floor
30-31 Furnival Street
London
EC4A 1JQ
Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 11740059
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 269 441
269 441
CURRENT ASSETS
Debtors 5 30,311 39,482
Cash at bank and in hand 11,910 9,046
42,221 48,528
Creditors: Amounts Falling Due Within One Year 6 (14,914 ) (27,162 )
NET CURRENT ASSETS (LIABILITIES) 27,307 21,366
TOTAL ASSETS LESS CURRENT LIABILITIES 27,576 21,807
Creditors: Amounts Falling Due After More Than One Year 7 (15,351 ) (18,851 )
NET ASSETS 12,225 2,956
CAPITAL AND RESERVES
Called up share capital 8 25,001 25,001
Profit and Loss Account (12,776 ) (22,045 )
SHAREHOLDERS' FUNDS 12,225 2,956
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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 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
Dr Gregory Boardman
Director
13 September 2024
The notes on pages 3 to 4 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Little People Big Noise Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11740059 . The registered office is 1 Battersea Square, London, SW11 3RZ.
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 from the rendering of services net of value added tax. It also includes grant income which directly relates to the company's business activities and is matched to costs incurred in the accounting period in which it is received.
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 2 years straight line basis
2.4. 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.
Grants for immediate financial support or to cover costs already incurred are recognised immediately in the Profit and Loss Account. Grants towards general activities of the entity over a specific period are recognised in the over that period.
All grants in the Profit & Loss Account are recognised when all conditions for receipt have been complied with.
2.5. Economic conditions
In common with many companies who operate within the entertainment and creative business sectors the Covid 19 pandemic has had a significant negative impact on the company's turnover and profitability. The directors are confident that with the continuing support of third party financing and Government grant aid funding the business will recover and prosper going forward. 
3. Average Number of Employees
Average number of employees, including directors, during the year was 2 (2022: 2)
2 2
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 January 2023 2,343
Additions 537
As at 31 December 2023 2,880
Depreciation
As at 1 January 2023 1,902
Provided during the period 709
As at 31 December 2023 2,611
Net Book Value
As at 31 December 2023 269
As at 1 January 2023 441
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5. Debtors
2023 2022
£ £
Due within one year
Prepaid animated asset creation costs 27,202 25,829
Other debtors and prepaid costs 2,500 6,575
VAT 609 7,078
30,311 39,482
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Bank loans and overdrafts 7,000 7,000
Other creditors 572 16,630
Accruals and deferred income 6,846 3,532
Directors' loan accounts 496 -
14,914 27,162
7. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans 15,351 18,851
15,351 18,851
8. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 25,001 25,001
9. Related Party Transactions
The company paid consultancy and project fees to the directors or to companies in which the directors have a significant interest of £14,042 (2022:£20,807) in the year.
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