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 09605720 S Ellis iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09605720 2023-03-31 09605720 2024-03-31 09605720 2023-04-01 2024-03-31 09605720 frs-core:CurrentFinancialInstruments 2024-03-31 09605720 frs-core:Non-currentFinancialInstruments 2024-03-31 09605720 frs-core:BetweenOneFiveYears 2024-03-31 09605720 frs-core:MotorVehicles 2024-03-31 09605720 frs-core:MotorVehicles 2023-04-01 2024-03-31 09605720 frs-core:MotorVehicles 2023-03-31 09605720 frs-core:PlantMachinery 2024-03-31 09605720 frs-core:PlantMachinery 2023-04-01 2024-03-31 09605720 frs-core:PlantMachinery 2023-03-31 09605720 frs-core:WithinOneYear 2024-03-31 09605720 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 09605720 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 09605720 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 09605720 frs-bus:SmallEntities 2023-04-01 2024-03-31 09605720 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 09605720 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 09605720 frs-bus:Director1 2023-04-01 2024-03-31 09605720 frs-bus:Director1 2023-03-31 09605720 frs-bus:Director1 2024-03-31 09605720 frs-countries:EnglandWales 2023-04-01 2024-03-31 09605720 2022-03-31 09605720 2023-03-31 09605720 2022-04-01 2023-03-31 09605720 frs-core:CurrentFinancialInstruments 2023-03-31 09605720 frs-core:Non-currentFinancialInstruments 2023-03-31 09605720 frs-core:BetweenOneFiveYears 2023-03-31 09605720 frs-core:WithinOneYear 2023-03-31 09605720 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 09605720
Ellis Digital Media Limited
Unaudited Financial Statements
For The Year Ended 31 March 2024
BWBCA Limited
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—5
Page 1
Statement of Financial Position
Registered number: 09605720
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 36,842 21,748
36,842 21,748
CURRENT ASSETS
Debtors 5 66,828 51,116
Cash at bank and in hand 38,486 40,070
105,314 91,186
Creditors: Amounts Falling Due Within One Year 6 (60,423 ) (54,635 )
NET CURRENT ASSETS (LIABILITIES) 44,891 36,551
TOTAL ASSETS LESS CURRENT LIABILITIES 81,733 58,299
Creditors: Amounts Falling Due After More Than One Year 7 (30,240 ) (21,669 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (9,569 ) (3,194 )
NET ASSETS 41,924 33,436
Income Statement 41,924 33,436
SHAREHOLDERS' FUNDS 41,924 33,436
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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 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 Income Statement.
On behalf of the board
S Ellis
Director
28 June 2024
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Ellis Digital Media Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09605720 . The registered office is The Tile Kiln Tilehouse Farm Offices, East Shalford Lane, Guildford, Surrey, GU4 8AE.
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, excluding discounts, rebates, value added tax and other sales taxes.
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% on cost
Motor Vehicles 20% on cost
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the income statement so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to income statement as incurred.
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
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.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 5 (2023: 4)
5 4
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4. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 1 April 2023 50,264 6,000 56,264
Additions 7,919 20,278 28,197
Disposals - (6,000 ) (6,000 )
As at 31 March 2024 58,183 20,278 78,461
Depreciation
As at 1 April 2023 33,617 899 34,516
Provided during the period 6,651 1,472 8,123
Disposals - (1,020 ) (1,020 )
As at 31 March 2024 40,268 1,351 41,619
Net Book Value
As at 31 March 2024 17,915 18,927 36,842
As at 1 April 2023 16,647 5,101 21,748
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 14,880 13,208
Other debtors 51,948 37,908
66,828 51,116
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 679 -
Trade creditors 618 56
Bank loans and overdrafts 10,000 10,000
Other creditors 14,581 8,507
Taxation and social security 34,545 36,072
60,423 54,635
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 18,573 -
Bank loans 11,667 21,669
30,240 21,669
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8. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 679 -
Later than one year and not later than five years 18,573 -
19,252 -
19,252 -
9. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 April 2023 Amounts advanced Amounts repaid Amounts written off As at 31 March 2024
£ £ £ £ £
Mr Sebastian Ellis 34,308 87,633 74,123 - 47,818
Interest has been charged on overdrawn loan account balances at the approved HM Revenue & Customs rate.
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