Acorah Software Products - Accounts Production 16.0.110 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 08660124 Mr P W Makin Mrs E J Makin iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08660124 2023-03-31 08660124 2024-03-31 08660124 2023-04-01 2024-03-31 08660124 frs-core:CurrentFinancialInstruments 2024-03-31 08660124 frs-core:PlantMachinery 2024-03-31 08660124 frs-core:PlantMachinery 2023-04-01 2024-03-31 08660124 frs-core:PlantMachinery 2023-03-31 08660124 frs-core:ShareCapital 2024-03-31 08660124 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 08660124 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 08660124 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 08660124 frs-bus:SmallEntities 2023-04-01 2024-03-31 08660124 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 08660124 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 08660124 frs-bus:Director1 2023-04-01 2024-03-31 08660124 frs-bus:Director2 2023-04-01 2024-03-31 08660124 frs-countries:EnglandWales 2023-04-01 2024-03-31 08660124 2022-03-31 08660124 2023-03-31 08660124 2022-04-01 2023-03-31 08660124 frs-core:CurrentFinancialInstruments 2023-03-31 08660124 frs-core:ShareCapital 2023-03-31 08660124 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 08660124
Makin Media Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2024
Riverglade Accountancy Ltd
74 Yr Aran
Dunvant
Swansea
SA2 7PX
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 08660124
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 4,138 2,554
4,138 2,554
CURRENT ASSETS
Debtors 5 1,351 4,038
Investments 6 10,055 5,055
Cash at bank and in hand 6,746 12,690
18,152 21,783
Creditors: Amounts Falling Due Within One Year 7 (12,037 ) (13,033 )
NET CURRENT ASSETS (LIABILITIES) 6,115 8,750
TOTAL ASSETS LESS CURRENT LIABILITIES 10,253 11,304
PROVISIONS FOR LIABILITIES
Deferred Taxation - (214 )
NET ASSETS 10,253 11,090
CAPITAL AND RESERVES
Called up share capital 8 2 2
Profit and Loss Account 10,251 11,088
SHAREHOLDERS' FUNDS 10,253 11,090
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.
On behalf of the board
Mr P W Makin
Director
24/10/2024
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
Makin Media Ltd Registered number 08660124 is a limited by shares company incorporated in England & Wales. The Registered Office is 55 Chesterfield Road, St Andrews, Bristol, BS6 5DW.
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 comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
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:
Plant & Machinery 25% reducing balance
2.4. 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.
2.5. 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, during the year was:
2024 2023
Office and administration 2 2
2 2
4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 April 2023 6,318
Additions 2,444
As at 31 March 2024 8,762
Depreciation
As at 1 April 2023 3,764
Provided during the period 860
As at 31 March 2024 4,624
...CONTINUED
Page 3
Page 4
Net Book Value
As at 31 March 2024 4,138
As at 1 April 2023 2,554
5. Debtors
2024 2023
£ £
Due within one year
Other debtors 1,326 317
Corporation tax recoverable assets 25 3,721
1,351 4,038
6. Current Asset Investments
2024 2023
£ £
Unlisted investments 10,055 5,055
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Corporation tax 10,997 11,783
Other creditors 1,040 1,250
12,037 13,033
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
9. Dividends
2024 2023
£ £
On equity shares:
Final dividend paid 40,000 44,000
Page 4