Acorah Software Products - Accounts Production 16.0.110 false true true 31 October 2023 1 November 2022 false 1 November 2023 31 October 2024 31 October 2024 13712283 Mr Sean Lascelles Sean Lascelles true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13712283 2023-10-31 13712283 2024-10-31 13712283 2023-11-01 2024-10-31 13712283 frs-core:CurrentFinancialInstruments 2024-10-31 13712283 frs-core:Non-currentFinancialInstruments 2024-10-31 13712283 frs-core:FurnitureFittings 2024-10-31 13712283 frs-core:FurnitureFittings 2023-11-01 2024-10-31 13712283 frs-core:FurnitureFittings 2023-10-31 13712283 frs-core:ShareCapital 2024-10-31 13712283 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31 13712283 frs-bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 13712283 frs-bus:FilletedAccounts 2023-11-01 2024-10-31 13712283 frs-bus:SmallEntities 2023-11-01 2024-10-31 13712283 frs-bus:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 13712283 frs-bus:SmallCompaniesRegimeForAccounts 2023-11-01 2024-10-31 13712283 1 2023-11-01 2024-10-31 13712283 frs-bus:Director1 2023-11-01 2024-10-31 13712283 frs-bus:Director1 2023-10-31 13712283 frs-bus:Director1 2024-10-31 13712283 frs-countries:EnglandWales 2023-11-01 2024-10-31 13712283 2022-10-31 13712283 2023-10-31 13712283 2022-11-01 2023-10-31 13712283 frs-core:CurrentFinancialInstruments 2023-10-31 13712283 frs-core:Non-currentFinancialInstruments 2023-10-31 13712283 frs-core:ShareCapital 2023-10-31 13712283 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31
Registered number: 13712283
Playback Investments Limited
Unaudited Financial Statements
For The Year Ended 31 October 2024
Optimise Accountants Ltd
Office 15 Bramley House 2a
Bramley Road
Long Eaton
Nottinghamshire
NG10 3SX
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 13712283
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 2,110 -
Investment Properties 5 403,507 -
405,617 -
CURRENT ASSETS
Debtors 6 2,452 -
Cash at bank and in hand 1,806 1,952
4,258 1,952
Creditors: Amounts Falling Due Within One Year 7 (198,200 ) (1,999 )
NET CURRENT ASSETS (LIABILITIES) (193,942 ) (47 )
TOTAL ASSETS LESS CURRENT LIABILITIES 211,675 (47 )
Creditors: Amounts Falling Due After More Than One Year 8 (238,923 ) -
NET LIABILITIES (27,248 ) (47 )
CAPITAL AND RESERVES
Called up share capital 10 1 1
Profit and Loss Account (27,249 ) (48 )
SHAREHOLDERS' FUNDS (27,248) (47)
Page 1
Page 2
For the year ending 31 October 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.
On behalf of the board
Mr Sean Lascelles
Director
20/01/2025
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
Playback Investments Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13712283 . The registered office is Tathra House, Wheal Kitty, St. Agnes, TR5 0RE.
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. Going Concern Disclosure
The director has not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
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:
Fixtures & Fittings 20 % RBM
2.4. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Tangible Assets
Fixtures & Fittings
£
Cost
As at 1 November 2023 -
Additions 2,276
As at 31 October 2024 2,276
Depreciation
As at 1 November 2023 -
Provided during the period 166
As at 31 October 2024 166
Net Book Value
As at 31 October 2024 2,110
As at 1 November 2023 -
5. Investment Property
2024
£
Fair Value
As at 1 November 2023 -
Additions 403,507
As at 31 October 2024 403,507
Page 3
Page 4
6. Debtors
2024 2023
£ £
Due within one year
Prepayments and accrued income 1,339 -
Other debtors 1 -
Director's loan account 1,112 -
2,452 -
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Director's loan account - 1,999
Amounts owed to associates 198,200 -
198,200 1,999
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 238,923 -
9. Secured Creditors
Of the creditors the following amounts are secured.
2024 2023
£ £
Bank loans and overdrafts 238,923 -
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
11. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 November 2023 Amounts advanced Amounts repaid Amounts written off As at 31 October 2024
£ £ £ £ £
Mr Sean Lascelles (1,999 ) 185,600 182,489 - 1,112
The above loan is unsecured, interest free and repayable on demand.
12. Related Party Transactions
At the year end date, included within creditors less than 1 year is an amount for £198,200 which was owed to Playback Solutions Limited. The director Sean Lascelles is also a director and shareholder in Playback Solutions Limited.
13. Ultimate Controlling Party
The company's ultimate controlling party is Sean Lascelles by virtue of his ownership of 100% of the issued share capital in the company.
Page 4