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 06846617 Mr Achille Traore iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06846617 2023-03-31 06846617 2024-03-31 06846617 2023-04-01 2024-03-31 06846617 frs-core:Non-currentFinancialInstruments 2024-03-31 06846617 frs-core:ComputerEquipment 2023-04-01 2024-03-31 06846617 frs-core:SharePremium 2024-03-31 06846617 frs-core:ShareCapital 2024-03-31 06846617 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 06846617 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 06846617 frs-bus:AbridgedAccounts 2023-04-01 2024-03-31 06846617 frs-bus:SmallEntities 2023-04-01 2024-03-31 06846617 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 06846617 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 06846617 frs-bus:Director1 2023-04-01 2024-03-31 06846617 frs-countries:EnglandWales 2023-04-01 2024-03-31 06846617 2022-03-31 06846617 2023-03-31 06846617 2022-04-01 2023-03-31 06846617 frs-core:Non-currentFinancialInstruments 2023-03-31 06846617 frs-core:SharePremium 2023-03-31 06846617 frs-core:ShareCapital 2023-03-31 06846617 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 06846617
Top Screen Media Limited
Unaudited ABRIDGED Financial Statements
For The Year Ended 31 March 2024
Partner Accountancy Limited
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—4
Page 1
Abridged Balance Sheet
Registered number: 06846617
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 4,506 5,301
4,506 5,301
CURRENT ASSETS
Stocks 40,100 40,100
Debtors 17,262 23,405
Cash at bank and in hand 63,252 65,042
120,614 128,547
Creditors: Amounts Falling Due Within One Year (32,610 ) (31,819 )
NET CURRENT ASSETS (LIABILITIES) 88,004 96,728
TOTAL ASSETS LESS CURRENT LIABILITIES 92,510 102,029
Creditors: Amounts Falling Due After More Than One Year (11,327 ) (20,690 )
NET ASSETS 81,183 81,339
CAPITAL AND RESERVES
Called up share capital 6 12,500 12,500
Share premium account 97,500 97,500
Profit and Loss Account (28,817 ) (28,661 )
SHAREHOLDERS' FUNDS 81,183 81,339
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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 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.
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.
On behalf of the board
Mr Achille Traore
Director
18 October 2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. General Information
Top Screen Media Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06846617 . The registered office is Park House, Park Sqaure West, Leeds, LS1 2PW.
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. Research and Development
In the research phase of an internal project it is not possible to demonstrate that the project will generate future economic benefits and hence all expenditure on research is recognised as an expense when it is incurred. Intangible assets are recognised from the development phase of a project if and only if certain specific criteria are met in order to demonstrate the asset will generate probable future economic benefits and that its cost can be reliably measured. The capitalised development costs are subsequently amortised to ... on a straight line basis over their expected useful economic lives, which range from ... to ... years.
If it is not possible to distinguish between the research phase and the development phase of an internal project the expenditure is treated as if it were all incurred in the research phase only.
2.4. 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 15% on reducing balance
2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
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4. Intangible Assets
Total
£
Cost
As at 1 April 2023 134,480
As at 31 March 2024 134,480
Amortisation
As at 1 April 2023 134,480
As at 31 March 2024 134,480
Net Book Value
As at 31 March 2024 -
As at 1 April 2023 -
5. Tangible Assets
Total
£
Cost
As at 1 April 2023 33,166
As at 31 March 2024 33,166
Depreciation
As at 1 April 2023 27,865
Provided during the period 795
As at 31 March 2024 28,660
Net Book Value
As at 31 March 2024 4,506
As at 1 April 2023 5,301
6. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 12,500 12,500
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