Acorah Software Products - Accounts Production 16.1.300 false true 30 April 2023 1 May 2022 false 1 May 2023 30 April 2024 30 April 2024 07237773 Ms Nicola Hill Nicola Hill true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07237773 2023-04-30 07237773 2024-04-30 07237773 2023-05-01 2024-04-30 07237773 frs-core:ComputerEquipment 2023-05-01 2024-04-30 07237773 frs-core:FurnitureFittings 2023-05-01 2024-04-30 07237773 frs-core:ShareCapital 2024-04-30 07237773 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 07237773 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 07237773 frs-bus:AbridgedAccounts 2023-05-01 2024-04-30 07237773 frs-bus:SmallEntities 2023-05-01 2024-04-30 07237773 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 07237773 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 07237773 1 2023-05-01 2024-04-30 07237773 frs-bus:Director1 2023-05-01 2024-04-30 07237773 frs-countries:EnglandWales 2023-05-01 2024-04-30 07237773 2022-04-30 07237773 2023-04-30 07237773 2022-05-01 2023-04-30 07237773 frs-core:ShareCapital 2023-04-30 07237773 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30
Registered number: 07237773
NCMedia Ltd
ABRIDGED Financial Statements
For The Year Ended 30 April 2024
Bailey Oster
Chartered Accountants
Mellor House
St Petersgate
Stockport
SK1 1DS
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—4
Page 1
Abridged Balance Sheet
Registered number: 07237773
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,984 2,579
1,984 2,579
CURRENT ASSETS
Debtors 1,707 2,156
Cash at bank and in hand 44,762 52,030
46,469 54,186
Creditors: Amounts Falling Due Within One Year (22,453 ) (9,616 )
NET CURRENT ASSETS (LIABILITIES) 24,016 44,570
TOTAL ASSETS LESS CURRENT LIABILITIES 26,000 47,149
NET ASSETS 26,000 47,149
CAPITAL AND RESERVES
Called up share capital 5 2 2
Profit and Loss Account 25,998 47,147
SHAREHOLDERS' FUNDS 26,000 47,149
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For the year ending 30 April 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 her 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.
All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 30 April 2024 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Ms Nicola Hill
Director
31 January 2025
The notes on pages 3 to 4 form part of these financial statements.
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Notes to the Abridged Financial Statements
1. General Information
NCMedia Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 07237773 . The registered office is 50 Cambridge Crescent, Teddington, TW11 8DY.
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:
Fixtures & Fittings 25% reducing balance
Computer Equipment 33% reducing balance
2.4. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.5. Taxation
The corporation 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 year 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.
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.
2.6. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
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4. Tangible Assets
Total
£
Cost
As at 1 May 2023 27,300
Additions 324
As at 30 April 2024 27,624
Depreciation
As at 1 May 2023 24,721
Provided during the period 919
As at 30 April 2024 25,640
Net Book Value
As at 30 April 2024 1,984
As at 1 May 2023 2,579
5. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
6. Ultimate Controlling Party
The company's ultimate controlling party is Nicola Hill by virtue of her ownership of 100% of the issued share capital in the company.
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