Acorah Software Products - Accounts Production 15.0.600 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 11893393 Ms Joanna Howard Mr Guillermo Ibanez true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11893393 2023-03-31 11893393 2024-03-31 11893393 2023-04-01 2024-03-31 11893393 frs-core:ComputerEquipment 2023-04-01 2024-03-31 11893393 frs-core:FurnitureFittings 2023-04-01 2024-03-31 11893393 frs-core:NetGoodwill 2023-04-01 2024-03-31 11893393 frs-core:ShareCapital 2024-03-31 11893393 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 11893393 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 11893393 frs-bus:AbridgedAccounts 2023-04-01 2024-03-31 11893393 frs-bus:SmallEntities 2023-04-01 2024-03-31 11893393 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 11893393 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 11893393 frs-bus:OrdinaryShareClass2 2023-04-01 2024-03-31 11893393 frs-bus:OrdinaryShareClass2 2024-03-31 11893393 frs-bus:OrdinaryShareClass3 2023-04-01 2024-03-31 11893393 frs-bus:OrdinaryShareClass3 2024-03-31 11893393 1 2023-04-01 2024-03-31 11893393 frs-bus:Director1 2023-04-01 2024-03-31 11893393 frs-bus:Director2 2023-04-01 2024-03-31 11893393 frs-countries:EnglandWales 2023-04-01 2024-03-31 11893393 2022-03-31 11893393 2023-03-31 11893393 2022-04-01 2023-03-31 11893393 frs-core:ShareCapital 2023-03-31 11893393 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31 11893393 frs-bus:OrdinaryShareClass2 2022-04-01 2023-03-31 11893393 frs-bus:OrdinaryShareClass3 2022-04-01 2023-03-31 11893393 1 2022-04-01 2023-03-31
Registered number: 11893393
VIVA LA ZOOM LIMITED
ABRIDGED Financial Statements
For The Year Ended 31 March 2024
John A. Porter & Co.
74 Dickenson Road
Rusholme
Manchester
M14 5HF
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—5
Page 1
Abridged Balance Sheet
Registered number: 11893393
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 16,000 16,800
Tangible Assets 5 27,543 27,991
43,543 44,791
CURRENT ASSETS
Stocks - 2,475
Debtors 12,016 17,367
Cash at bank and in hand 3,348 1
15,364 19,843
Creditors: Amounts Falling Due Within One Year (15,812 ) (27,977 )
NET CURRENT ASSETS (LIABILITIES) (448 ) (8,134 )
TOTAL ASSETS LESS CURRENT LIABILITIES 43,095 36,657
NET ASSETS 43,095 36,657
CAPITAL AND RESERVES
Called up share capital 6 2 2
Profit and Loss Account 43,093 36,655
SHAREHOLDERS' FUNDS 43,095 36,657
Page 1
Page 2
For the year ending 31 March 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.
All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 31 March 2024 in accordance with section 444(2A) of the Companies Act 2006.
The financial statements were approved by the board of directors on 15 July 2024 and were signed on its behalf by:
Ms Joanna Howard
Director
15 July 2024
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. General Information
VIVA LA ZOOM LIMITED is a private company, limited by shares, incorporated in England & Wales.
The registered number is 11893393 .
The registered office is 74 Dickenson Road, Rusholme, Manchester, M14 5HF.
Dividends paid to the Directors are reported in the notes to the accounts.
There are no other related party transactions to report.
There are no contingent liabilities or post balance sheet events to report.
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 represents net invoiced fees issued excluding Value Added Tax (VAT).
2.3. 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 25 years.
2.4. Tangible Fixed Assets and Depreciation
Tangible Fixed Assets are stated at cost less accumulated depreciation.
Depreciation is calculated at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures & Fittings 10% Reducing Balance
Computer Equipment 20% Reducing Balance
No depreciation is provided in the year of acquisition.
2.5. Stocks and Work in Progress
Stock is valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Work in progress has been valued at prime cost of labour and materials plus other direct expenses.
2.6. 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.
2.7. Accounting Reference Date
The accounting reference date is 31 March.
These accounts are for the year ended 31 March 2024.
2.8. Comparative Figures
The comparative figures used throughout these accounts are as at 31 March 2023 or are for year ended on that date.
2.9. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, who are employed under a contract of service during the year was:
2024 2023
Office and administration 1 1
Directors - 2
1 3
Page 3
Page 4
4. Intangible Assets
Total
£
Cost
As at 1 April 2023 20,000
As at 31 March 2024 20,000
Amortisation
As at 1 April 2023 3,200
Provided during the period 800
As at 31 March 2024 4,000
Net Book Value
As at 31 March 2024 16,000
As at 1 April 2023 16,800
Certain assets of the video production business formerly run by the directors, Mr Guillermo Ibanez and Ms Joanna Howard were acquired by the Company on 1 April 2019 for a consideration of £27,317.
The difference between the consideration of £27,317 and fair value of the tangible assets acquired was £20,000 and is attributable to goodwill which is being amortised in 25 equal annual instalments.
5. Tangible Assets
Total
£
Cost
As at 1 April 2023 36,566
Additions 2,799
As at 31 March 2024 39,365
Depreciation
As at 1 April 2023 8,575
Provided during the period 3,247
As at 31 March 2024 11,822
Net Book Value
As at 31 March 2024 27,543
As at 1 April 2023 27,991
6. Share Capital
2024 2023
Allotted, called up and fully paid £ £
1 Ordinary A shares of £ 1.00 each 1 1
1 Ordinary B shares of £ 1.00 each 1 1
2 2
7. Pension Commitments
The company operates a defined contribution pension scheme.
The assets of the scheme are held separately from those of the company in an independently administered fund. At the balance sheet date contributions of £Nil (2023 £154) were due to the fund and are included in Other Creditors.
8. Directors Advances, Credits and Guarantees
Page 4
Page 5
Dividends paid to directors
2024 2023
£ £
Ms Joanna Howard 4,000 8,700
Mr Guillermo Ibanez 4,000 8,700
9. Dividends
2024 2023
£ £
On equity shares:
Interim dividend paid 8,000 17,400
10. Ultimate Controlling Party
The Company was controlled by the two directors, Mr Guillermo Ibanez and Ms Joanna Howard, who each held 1 £1 Ordinary Share throughout the year, there being 2 £1 Ordinary Shares in issue.
Page 5