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 01893255 Mr M WILLIAMS Mrs E WILLIAMS iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 01893255 2023-12-31 01893255 2024-12-31 01893255 2024-01-01 2024-12-31 01893255 frs-core:CurrentFinancialInstruments 2024-12-31 01893255 frs-core:ComputerEquipment 2024-01-01 2024-12-31 01893255 frs-core:FurnitureFittings 2024-01-01 2024-12-31 01893255 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-01-01 2024-12-31 01893255 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 01893255 frs-core:MotorVehicles 2024-01-01 2024-12-31 01893255 frs-core:PlantMachinery 2024-12-31 01893255 frs-core:PlantMachinery 2024-01-01 2024-12-31 01893255 frs-core:PlantMachinery 2023-12-31 01893255 frs-core:ShareCapital 2024-12-31 01893255 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 01893255 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 01893255 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 01893255 frs-bus:SmallEntities 2024-01-01 2024-12-31 01893255 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 01893255 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 01893255 frs-bus:Director1 2024-01-01 2024-12-31 01893255 frs-bus:Director2 2024-01-01 2024-12-31 01893255 frs-countries:EnglandWales 2024-01-01 2024-12-31 01893255 2022-12-31 01893255 2023-12-31 01893255 2023-01-01 2023-12-31 01893255 frs-core:CurrentFinancialInstruments 2023-12-31 01893255 frs-core:ShareCapital 2023-12-31 01893255 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 01893255
FULL CIRCLE MEDIA LIMITED
Unaudited Financial Statements
For The Year Ended 31 December 2024
Garveys Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 01893255
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 366 293
366 293
CURRENT ASSETS
Debtors 5 239 238
Cash at bank and in hand 29,787 27,292
30,026 27,530
Creditors: Amounts Falling Due Within One Year 6 (26,733 ) (26,977 )
NET CURRENT ASSETS (LIABILITIES) 3,293 553
TOTAL ASSETS LESS CURRENT LIABILITIES 3,659 846
NET ASSETS 3,659 846
CAPITAL AND RESERVES
Called up share capital 7 2 2
Profit and Loss Account 3,657 844
SHAREHOLDERS' FUNDS 3,659 846
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 members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 M WILLIAMS
Director
30/01/2025
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
FULL CIRCLE MEDIA LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 01893255 . The registered office is 84 HIGH STREET, HARLESDEN, LONDON, NW10 4SJ.
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 comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. 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:
Freehold 0%
Leasehold 0%
Plant & Machinery 25%
Motor Vehicles 25%
Fixtures & Fittings 25%
Computer Equipment 25%
2.4. Taxation
The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.
2.5. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2024 2023
Office and administration 2 2
2 2
4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 January 2024 3,973
Additions 196
As at 31 December 2024 4,169
...CONTINUED
Page 3
Page 4
Depreciation
As at 1 January 2024 3,680
Provided during the period 123
As at 31 December 2024 3,803
Net Book Value
As at 31 December 2024 366
As at 1 January 2024 293
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 239 238
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Corporation tax 3,691 2,211
Other creditors 3,056 2,811
Directors' loan accounts 19,986 21,955
26,733 26,977
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
Page 4