Acorah Software Products - Accounts Production 15.0.600 false true 31 October 2022 1 November 2021 false 1 November 2022 31 October 2023 31 October 2023 07828717 Mr Danny Sanger Mr Danny Sanger and Mrs Miriam Sanger true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07828717 2022-10-31 07828717 2023-10-31 07828717 2022-11-01 2023-10-31 07828717 frs-core:CurrentFinancialInstruments 2023-10-31 07828717 frs-core:Non-currentFinancialInstruments 2023-10-31 07828717 frs-core:ComputerEquipment 2023-10-31 07828717 frs-core:ComputerEquipment 2022-11-01 2023-10-31 07828717 frs-core:ComputerEquipment 2022-10-31 07828717 frs-core:ShareCapital 2023-10-31 07828717 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31 07828717 frs-bus:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 07828717 frs-bus:FilletedAccounts 2022-11-01 2023-10-31 07828717 frs-bus:SmallEntities 2022-11-01 2023-10-31 07828717 frs-bus:AuditExempt-NoAccountantsReport 2022-11-01 2023-10-31 07828717 frs-bus:SmallCompaniesRegimeForAccounts 2022-11-01 2023-10-31 07828717 1 2022-11-01 2023-10-31 07828717 frs-bus:Director1 2022-11-01 2023-10-31 07828717 frs-countries:EnglandWales 2022-11-01 2023-10-31 07828717 2021-10-31 07828717 2022-10-31 07828717 2021-11-01 2022-10-31 07828717 frs-core:CurrentFinancialInstruments 2022-10-31 07828717 frs-core:Non-currentFinancialInstruments 2022-10-31 07828717 frs-core:ShareCapital 2022-10-31 07828717 frs-core:RetainedEarningsAccumulatedLosses 2022-10-31
Registered number: 07828717
GENARON MEDIA LIMITED
Unaudited Financial Statements
For The Year Ended 31 October 2023
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 07828717
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 - 250
- 250
CURRENT ASSETS
Debtors 5 94,691 68,511
Cash at bank and in hand 8 -
94,699 68,511
Creditors: Amounts Falling Due Within One Year 6 (69,856 ) (63,527 )
NET CURRENT ASSETS (LIABILITIES) 24,843 4,984
TOTAL ASSETS LESS CURRENT LIABILITIES 24,843 5,234
Creditors: Amounts Falling Due After More Than One Year 7 (30,481 ) (37,038 )
NET LIABILITIES (5,638 ) (31,804 )
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account (5,738 ) (31,904 )
SHAREHOLDERS' FUNDS (5,638) (31,804)
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Page 2
For the year ending 31 October 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 Danny Sanger
Director
5th September 2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
GENARON MEDIA LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 07828717 . The registered office is 10 Woodlands Close, London, NW11 9QP.
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 sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
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 33% of Net Cost
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2022: NIL)
- -
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 November 2022 12,491
As at 31 October 2023 12,491
Depreciation
As at 1 November 2022 12,241
Provided during the period 250
As at 31 October 2023 12,491
Net Book Value
As at 31 October 2023 -
As at 1 November 2022 250
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5. Debtors
2023 2022
£ £
Due within one year
Trade debtors 26,532 352
Other debtors 68,159 68,159
94,691 68,511
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 10,431 1,643
Bank loans and overdrafts 5,556 5,556
Amounts owed to group undertakings 12,649 13,199
Other creditors 36,460 43,017
Taxation and social security 4,760 112
69,856 63,527
7. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans 30,481 37,038
8. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
9. Ultimate Controlling Party
The company's ultimate controlling party is Mr Danny Sanger and Mrs Miriam Sanger by virtue of their joint ownership of 65% of the issued share capital in the company.
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