Acorah Software Products - Accounts Production 16.1.300 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 12380421 Mr Jamie Parish iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12380421 2023-12-31 12380421 2024-12-31 12380421 2024-01-01 2024-12-31 12380421 frs-core:CurrentFinancialInstruments 2024-12-31 12380421 frs-core:ComputerEquipment 2024-12-31 12380421 frs-core:ComputerEquipment 2024-01-01 2024-12-31 12380421 frs-core:ComputerEquipment 2023-12-31 12380421 frs-core:FurnitureFittings 2024-01-01 2024-12-31 12380421 frs-core:ShareCapital 2024-12-31 12380421 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 12380421 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 12380421 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 12380421 frs-bus:SmallEntities 2024-01-01 2024-12-31 12380421 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 12380421 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 12380421 frs-bus:Director1 2024-01-01 2024-12-31 12380421 frs-core:CurrentFinancialInstruments 1 2024-12-31 12380421 frs-countries:EnglandWales 2024-01-01 2024-12-31 12380421 2022-12-31 12380421 2023-12-31 12380421 2023-01-01 2023-12-31 12380421 frs-core:CurrentFinancialInstruments 2023-12-31 12380421 frs-core:ShareCapital 2023-12-31 12380421 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 12380421 frs-core:CurrentFinancialInstruments 1 2023-12-31
Registered number: 12380421
Parish Digital Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 12380421
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 14,410 14,894
14,410 14,894
CURRENT ASSETS
Debtors 5 6,615 35,886
Cash at bank and in hand 4,851 7,951
11,466 43,837
Creditors: Amounts Falling Due Within One Year 6 (19,419 ) (13,636 )
NET CURRENT ASSETS (LIABILITIES) (7,953 ) 30,201
TOTAL ASSETS LESS CURRENT LIABILITIES 6,457 45,095
PROVISIONS FOR LIABILITIES
Deferred Taxation (3,602 ) (3,277 )
NET ASSETS 2,855 41,818
CAPITAL AND RESERVES
Called up share capital 7 10 10
Profit and Loss Account 2,845 41,808
SHAREHOLDERS' FUNDS 2,855 41,818
Page 1
Page 2
For the year ending 31 December 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 Jamie Parish
Director
28/01/2025
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
Parish Digital Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12380421 . The registered office is 144 Bazes Shaw, New Ash Green, Longfield, Kent, DA3 8QZ.
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.
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 15% WDV
Computer Equipment 15% WDV
2.4. 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 in respect of all timing differences that have originated but not reversed at the balance
sheet date.
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from
those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that
have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the
timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they
will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
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: 1 (2023: 1)
1 1
Page 3
Page 4
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 January 2024 23,659
Additions 2,059
As at 31 December 2024 25,718
Depreciation
As at 1 January 2024 8,765
Provided during the period 2,543
As at 31 December 2024 11,308
Net Book Value
As at 31 December 2024 14,410
As at 1 January 2024 14,894
5. Debtors
2024 2023
£ £
Due within one year
Inter company account 6,172 3,847
VAT 443 114
Director's loan account - 31,925
6,615 35,886
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors - 1,500
Corporation tax 17,098 11,758
Other taxes and social security - 378
Accruals and deferred income 2,200 -
Director's loan account 121 -
19,419 13,636
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 10 10
Page 4
Page 5
8. Related Party Transactions
Included in the Other Creditors is an amount owed from the company director Mr J Parish totalling £121 (2023 - £31,925), no interest is to be charged.
Page 5