Acorah Software Products - Accounts Production 16.1.300 false true 31 January 2023 1 February 2022 false 1 February 2023 31 January 2024 31 January 2024 10546302 Mr William Lenney iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10546302 2023-01-31 10546302 2024-01-31 10546302 2023-02-01 2024-01-31 10546302 frs-core:CurrentFinancialInstruments 2024-01-31 10546302 frs-core:ComputerEquipment 2024-01-31 10546302 frs-core:ComputerEquipment 2023-02-01 2024-01-31 10546302 frs-core:ComputerEquipment 2023-01-31 10546302 frs-core:FurnitureFittings 2024-01-31 10546302 frs-core:FurnitureFittings 2023-02-01 2024-01-31 10546302 frs-core:FurnitureFittings 2023-01-31 10546302 frs-core:MotorVehicles 2024-01-31 10546302 frs-core:MotorVehicles 2023-02-01 2024-01-31 10546302 frs-core:MotorVehicles 2023-01-31 10546302 frs-core:PlantMachinery 2024-01-31 10546302 frs-core:PlantMachinery 2023-02-01 2024-01-31 10546302 frs-core:PlantMachinery 2023-01-31 10546302 frs-core:ShareCapital 2024-01-31 10546302 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 10546302 frs-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 10546302 frs-bus:FilletedAccounts 2023-02-01 2024-01-31 10546302 frs-bus:SmallEntities 2023-02-01 2024-01-31 10546302 frs-bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 10546302 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 10546302 frs-bus:Director1 2023-02-01 2024-01-31 10546302 frs-core:CurrentFinancialInstruments 2 2024-01-31 10546302 frs-countries:EnglandWales 2023-02-01 2024-01-31 10546302 2022-01-31 10546302 2023-01-31 10546302 2022-02-01 2023-01-31 10546302 frs-core:CurrentFinancialInstruments 2023-01-31 10546302 frs-core:ShareCapital 2023-01-31 10546302 frs-core:RetainedEarningsAccumulatedLosses 2023-01-31 10546302 frs-core:CurrentFinancialInstruments 1 2023-01-31 10546302 frs-core:CurrentFinancialInstruments 2 2023-01-31
Registered number: 10546302
Nemedia Limited
Unaudited Financial Statements
For The Year Ended 31 January 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 10546302
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 29,629 26,185
29,629 26,185
CURRENT ASSETS
Debtors 5 165,730 34,560
Investments 6 239,482 209,482
Cash at bank and in hand 192,472 524,277
597,684 768,319
Creditors: Amounts Falling Due Within One Year 7 (46,747 ) (201,188 )
NET CURRENT ASSETS (LIABILITIES) 550,937 567,131
TOTAL ASSETS LESS CURRENT LIABILITIES 580,566 593,316
NET ASSETS 580,566 593,316
CAPITAL AND RESERVES
Called up share capital 8 1 1
Profit and Loss Account 580,565 593,315
SHAREHOLDERS' FUNDS 580,566 593,316
Page 1
Page 2
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 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 William Lenney
Director
5 October 2024
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
Nemedia Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10546302 . The registered office is 12 Hallmark Trading Estate, Fourth Way, Wembley, HA9 0LB.
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. 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% SL
Motor Vehicles 25% SL
Fixtures & Fittings 25% SL
Computer Equipment 33.33% SL
3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2023: 3)
4 3
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 February 2023 7,905 18,506 6,781 16,176 49,368
Additions 146 - 441 15,471 16,058
As at 31 January 2024 8,051 18,506 7,222 31,647 65,426
Depreciation
As at 1 February 2023 3,653 4,626 2,476 12,428 23,183
Provided during the period 1,346 4,627 1,253 5,388 12,614
As at 31 January 2024 4,999 9,253 3,729 17,816 35,797
Net Book Value
As at 31 January 2024 3,052 9,253 3,493 13,831 29,629
As at 1 February 2023 4,252 13,880 4,305 3,748 26,185
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Page 4
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 62,400 34,560
Director loan account 103,330 -
165,730 34,560
6. Current Asset Investments
2024 2023
£ £
Unlisted investments 239,482 209,482
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 4,788 10,173
Corporation tax 50 146,690
PAYE control account 6,510 3,833
VAT 34,723 4,334
Net wages - 4,781
Accruals - 1,328
Pension control account 676 435
Director's loan account - 29,614
46,747 201,188
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
Page 4