Acorah Software Products - Accounts Production 16.0.110 false true 31 March 2024 1 April 2023 false 1 April 2024 30 September 2024 30 September 2024 11061425 Mr Nihal Tharoor-Menon Mr Benedict Tatham Mr Eitan Reisel Mr Malte Barth iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11061425 2024-03-31 11061425 2024-09-30 11061425 2024-04-01 2024-09-30 11061425 frs-core:CurrentFinancialInstruments 2024-09-30 11061425 frs-core:ComputerEquipment 2024-09-30 11061425 frs-core:ComputerEquipment 2024-04-01 2024-09-30 11061425 frs-core:ComputerEquipment 2024-03-31 11061425 frs-core:PlantMachinery 2024-09-30 11061425 frs-core:PlantMachinery 2024-04-01 2024-09-30 11061425 frs-core:PlantMachinery 2024-03-31 11061425 frs-core:SharePremium 2024-09-30 11061425 frs-core:ShareCapital 2024-09-30 11061425 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 11061425 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2024-09-30 11061425 frs-bus:FilletedAccounts 2024-04-01 2024-09-30 11061425 frs-bus:SmallEntities 2024-04-01 2024-09-30 11061425 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2024-09-30 11061425 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2024-09-30 11061425 frs-bus:Director1 2024-04-01 2024-09-30 11061425 frs-bus:Director2 2024-04-01 2024-09-30 11061425 frs-bus:Director3 2024-04-01 2024-09-30 11061425 frs-bus:Director4 2024-04-01 2024-09-30 11061425 frs-countries:EnglandWales 2024-04-01 2024-09-30 11061425 2023-03-31 11061425 2024-03-31 11061425 2023-04-01 2024-03-31 11061425 frs-core:CurrentFinancialInstruments 2024-03-31 11061425 frs-core:SharePremium 2024-03-31 11061425 frs-core:ShareCapital 2024-03-31 11061425 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 11061425
Scriptic Ltd
Unaudited Financial Statements
For the Period 1 April 2024 to 30 September 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 11061425
30 September 2024 31 March 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 8,233 11,693
8,233 11,693
CURRENT ASSETS
Debtors 5 392,598 431,732
Cash at bank and in hand 2,172,804 2,837,929
2,565,402 3,269,661
Creditors: Amounts Falling Due Within One Year 6 (81,859 ) (79,204 )
NET CURRENT ASSETS (LIABILITIES) 2,483,543 3,190,457
TOTAL ASSETS LESS CURRENT LIABILITIES 2,491,776 3,202,150
NET ASSETS 2,491,776 3,202,150
CAPITAL AND RESERVES
Called up share capital 7 765 765
Share premium account 7,393,049 7,393,049
Profit and Loss Account (4,902,038 ) (4,191,664 )
SHAREHOLDERS' FUNDS 2,491,776 3,202,150
Page 1
Page 2
For the period ending 30 September 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 Nihal Tharoor-Menon
Director
27 November 2024
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Scriptic Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11061425 . The registered office is 86-90 Paul Street, London, EC2A 4NE.
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 recognised at the fair value of the consideration received or receivable for products provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Revenue from the sale of video game licences is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer (usually on dispatch or download) , the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured 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:
Plant & Machinery 25% Straight line
Computer Equipment 25% Straight line
2.4. Taxation
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 year 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.

The company has claimed a Creative Industries tax credit to reduce the amount of tax payable which may result in an overall amount repayable to the company.

A deferred tax asset has not been recognised in relation to the losses available as the company cannot be certain that this asset will be used in the future.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 38 (2024: 30)
38 30
Page 3
Page 4
4. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 1 April 2024 1,133 33,000 34,133
As at 30 September 2024 1,133 33,000 34,133
Depreciation
As at 1 April 2024 968 21,472 22,440
Provided during the period 142 3,318 3,460
As at 30 September 2024 1,110 24,790 25,900
Net Book Value
As at 30 September 2024 23 8,210 8,233
As at 1 April 2024 165 11,528 11,693
5. Debtors
30 September 2024 31 March 2024
£ £
Due within one year
Prepayments and accrued income 6,675 15,213
Corporation tax recoverable assets 326,516 398,583
VAT 59,407 17,936
392,598 431,732
6. Creditors: Amounts Falling Due Within One Year
30 September 2024 31 March 2024
£ £
Other taxes and social security 78,510 75,855
Net wages 94 94
Accruals and deferred income 3,200 3,200
Directors' loan accounts 55 55
81,859 79,204
Page 4
Page 5
7. Share Capital
30 September 2024 31 March 2024
£ £
Allotted, Called up and fully paid 765 765
Page 5