Caseware UK (AP4) 2023.0.135 2023.0.135 2024-04-302024-04-30The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.true2023-05-01falseNo description of principal activity22truefalse 10726236 2023-05-01 2024-04-30 10726236 2024-04-30 10726236 2022-05-01 2023-04-30 10726236 2023-04-30 10726236 2022-05-01 10726236 c:Director1 2023-05-01 2024-04-30 10726236 c:RegisteredOffice 2023-05-01 2024-04-30 10726236 d:OfficeEquipment 2023-05-01 2024-04-30 10726236 d:OfficeEquipment 2024-04-30 10726236 d:OfficeEquipment 2023-04-30 10726236 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 10726236 d:ComputerEquipment 2023-05-01 2024-04-30 10726236 d:CurrentFinancialInstruments 2024-04-30 10726236 d:CurrentFinancialInstruments 2023-04-30 10726236 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-30 10726236 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 10726236 d:ShareCapital 2023-05-01 2024-04-30 10726236 d:ShareCapital 2024-04-30 10726236 d:ShareCapital 2022-05-01 2023-04-30 10726236 d:ShareCapital 2023-04-30 10726236 d:ShareCapital 2022-05-01 10726236 d:RetainedEarningsAccumulatedLosses 2023-05-01 2024-04-30 10726236 d:RetainedEarningsAccumulatedLosses 2024-04-30 10726236 d:RetainedEarningsAccumulatedLosses 2022-05-01 2023-04-30 10726236 d:RetainedEarningsAccumulatedLosses 2023-04-30 10726236 d:RetainedEarningsAccumulatedLosses 2022-05-01 10726236 c:FRS102 2023-05-01 2024-04-30 10726236 c:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 10726236 c:FullAccounts 2023-05-01 2024-04-30 10726236 c:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 10726236 2 2023-05-01 2024-04-30 10726236 e:PoundSterling 2023-05-01 2024-04-30 iso4217:GBP xbrli:pure
Registered number: 10726236




 




BE MORE SOCIAL MEDIA LIMITED
FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024

 
BE MORE SOCIAL MEDIA LIMITED
 

COMPANY INFORMATION


DIRECTOR
J. P. Eley 




REGISTERED NUMBER
10726236



REGISTERED OFFICE
1st Floor Sackville House
143-149 Fenchurch Street

London

EC3M 6BL





 
BE MORE SOCIAL MEDIA LIMITED
 

CONTENTS



Page
Balance Sheet
 
1
Statement of Changes in Equity
 
2 - 3
Notes to the Financial Statements
 
4 - 8


 
BE MORE SOCIAL MEDIA LIMITED
REGISTERED NUMBER: 10726236

BALANCE SHEET
AS AT 30 APRIL 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
3,314
1,649

  
3,314
1,649

Current assets
  

Debtors: amounts falling due within one year
 5 
15,140
4,000

Cash at bank and in hand
  
16,642
2,487

  
31,782
6,487

Creditors: amounts falling due within one year
 6 
(24,886)
(8,109)

Net current assets/(liabilities)
  
 
 
6,896
 
 
(1,622)

  

Net assets
  
10,210
27


Capital and reserves
  

Called up share capital 
  
1
1

Profit and loss account
  
10,209
26

Equity Shareholders' funds
  
10,210
27


The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the Directors' Report and statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime, under section 444 of the Companies Act 2006.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 28 January 2025.



................................................
J. P. Eley
Director

The notes on pages 4 to 8 form part of these financial statements.

Page 1
 

 
BE MORE SOCIAL MEDIA LIMITED


 

STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 30 APRIL 2024



Called up share capital
Profit and loss account
Total equity


£
£
£



At 1 May 2022
1
5,894
5,895



Comprehensive income for the year


Profit for the year
-
132
132



Other comprehensive income for the year
-
-
-



Total comprehensive income for the year
-
132
132



Contributions by and distributions to owners


Dividends: Equity capital
-
(6,000)
(6,000)



Total transactions with owners
-
(6,000)
(6,000)





At 1 May 2023
1
26
27



Comprehensive income for the year


Profit for the year
-
29,183
29,183



Other comprehensive income for the year
-
-
-



Total comprehensive income for the year
-
29,183
29,183



Contributions by and distributions to owners


Dividends: Equity capital
-
(19,000)
(19,000)



Total transactions with owners
-
(19,000)
(19,000)



At 30 April 2024
1
10,209
10,210


Page 2

 

 
BE MORE SOCIAL MEDIA LIMITED


 


STATEMENT OF CHANGES IN EQUITY (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2024


Page 3
 
BE MORE SOCIAL MEDIA LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1.


GENERAL INFORMATION

Be More Social Media Limited (Company number: 10726236), having its registered office at 1st Floor Sackville House, 143-149 Fenchurch Street, London, EC3M 6BL, is a private limited company incorporated in England and Wales. The principal place of business is at 43 Mentmore Way, Poringland, Norwich, NR14 7XE.

2.ACCOUNTING POLICIES

 
2.1

BASIS OF PREPARATION OF FINANCIAL STATEMENTS

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

FOREIGN CURRENCY TRANSLATION

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Statement of Comprehensive Income within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

Page 4

 
BE MORE SOCIAL MEDIA LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

2.ACCOUNTING POLICIES (CONTINUED)

 
2.3

TURNOVER

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before turnover is recognised:

Rendering of services

Turnover from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of turnover can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.4

INTEREST INCOME

Interest income is recognised in profit or loss using the effective interest method.

 
2.5

FINANCE COSTS

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.6

PENSIONS

DEFINED CONTRIBUTION PENSION PLAN

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.7

TAXATION

Tax is recognised in the Statement of Comprehensive Income.
The current corporation tax charge is calculated on the basis of tax rates and laws that have been
enacted or substantively enacted by the Balance Sheet date in the countries where the Company
operates and generates income.

Page 5

 
BE MORE SOCIAL MEDIA LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

2.ACCOUNTING POLICIES (CONTINUED)

 
2.8

TANGIBLE FIXED ASSETS

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

The Company adds to the carrying amount of an item of fixed assets the cost of replacing part of such an item when that cost is incurred, if the replacement part is expected to provide incremental future benefits to the Company. The carrying amount of the replaced part is derecognised. Repairs and maintenance are charged to profit or loss during the period in which they are incurred.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Computer equipment
-
33.33% straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

Page 6

 
BE MORE SOCIAL MEDIA LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

2.ACCOUNTING POLICIES (CONTINUED)

 
2.9

DEBTORS

Short-term debtors are measured at transaction price, less any impairment.

 
2.10

CASH AND CASH EQUIVALENTS

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

 
2.11

CREDITORS

Short-term creditors are measured at the transaction price. 

 
2.12

DIVIDENDS

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


EMPLOYEES

The average monthly number of employees, including directors, during the year was 2 (2023 - 2).


4.


TANGIBLE FIXED ASSETS





Computer equipment

£



COST OR VALUATION


At 1 May 2023
3,148


Additions
3,007



At 30 April 2024

6,155



DEPRECIATION


At 1 May 2023
1,499


Charge for the year on owned assets
1,342



At 30 April 2024

2,841



NET BOOK VALUE



At 30 April 2024
3,314



At 30 April 2023
1,649

Page 7

 
BE MORE SOCIAL MEDIA LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

5.


DEBTORS

2024
2023
£
£


Trade debtors
15,140
3,733

Prepayments and accrued income
-
267

15,140
4,000



6.


CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024
2023
£
£

Trade creditors
-
97

Corporation tax
6,540
1,371

Other taxation and social security
3,627
600

Other creditors
749
4,002

Accruals and deferred income
13,970
2,039

24,886
8,109



7.


RELATED PARTY TRANSACTIONS


Included within other creditors are amounts due to key management personnel of the company of £675  (2023: £815).



8.


PENSION COMMITMENTS

The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £861 (2023 - £1,067). Contributions totalling £74 (2023 - £187) were payable to the fund at the balance sheet date and are included in creditors.


Page 8