Acorah Software Products - Accounts Production 15.0.600 false true 31 January 2023 1 February 2022 false 1 February 2023 31 January 2024 31 January 2024 13165425 Miss J Coquet Miss S Breshani iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13165425 2023-01-31 13165425 2024-01-31 13165425 2023-02-01 2024-01-31 13165425 frs-core:CurrentFinancialInstruments 2024-01-31 13165425 frs-core:ComputerEquipment 2024-01-31 13165425 frs-core:ComputerEquipment 2023-02-01 2024-01-31 13165425 frs-core:ComputerEquipment 2023-01-31 13165425 frs-core:ShareCapital 2024-01-31 13165425 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 13165425 frs-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 13165425 frs-bus:FilletedAccounts 2023-02-01 2024-01-31 13165425 frs-bus:SmallEntities 2023-02-01 2024-01-31 13165425 frs-bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 13165425 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 13165425 frs-bus:Director1 2023-02-01 2024-01-31 13165425 frs-bus:Director2 2023-02-01 2024-01-31 13165425 frs-countries:EnglandWales 2023-02-01 2024-01-31 13165425 2022-01-31 13165425 2023-01-31 13165425 2022-02-01 2023-01-31 13165425 frs-core:CurrentFinancialInstruments 2023-01-31 13165425 frs-core:ShareCapital 2023-01-31 13165425 frs-core:RetainedEarningsAccumulatedLosses 2023-01-31
Registered number: 13165425
Episod Studio Ltd
Unaudited Financial Statements
For The Year Ended 31 January 2024
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—4
Page 1
Statement of Financial Position
Registered number: 13165425
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 987 257
987 257
CURRENT ASSETS
Debtors 5 93 558
Cash at bank and in hand 14,608 67
14,701 625
Creditors: Amounts Falling Due Within One Year 6 (10,550 ) (4,233 )
NET CURRENT ASSETS (LIABILITIES) 4,151 (3,608 )
TOTAL ASSETS LESS CURRENT LIABILITIES 5,138 (3,351 )
NET ASSETS/(LIABILITIES) 5,138 (3,351 )
CAPITAL AND RESERVES
Called up share capital 100 100
Income Statement 5,038 (3,451 )
SHAREHOLDERS' FUNDS 5,138 (3,351)
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For the year ending 31 January 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 Income Statement.
On behalf of the board
Miss S Breshani
Director
30/10/2024
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
Episod Studio Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13165425 . The registered office is Office M-05, Millharbour Court, 6 Watergate Walk, London, E14 9XH.
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.
Revenue from contracts for the provision of professional services is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. The stage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staff rates and materials, as a proportion of total costs.  Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that it is probable will be recovered.
Grant income represents the amounts receivable for the projects under contractual obligations, which are performed gradually over time.
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 25% straight line
2.4. Taxation
Income tax expense represents the sum of the tax currently payable.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2023: 1)
3 1
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 February 2023 325
Additions 1,041
As at 31 January 2024 1,366
Depreciation
As at 1 February 2023 68
Provided during the period 311
As at 31 January 2024 379
...CONTINUED
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Net Book Value
As at 31 January 2024 987
As at 1 February 2023 257
5. Debtors
2024 2023
£ £
Due within one year
Other debtors 93 558
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 1,392 374
Other creditors 7,871 3,836
Taxation and social security 1,287 23
10,550 4,233
7. Related Party Transactions
Included under other payables at 31 January 2024 is a sum of £7,802 (2023: £3,836), being the balance outstanding of loans between the directors and the company, which is unsecured, interest free and repayable on demand.
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