Acorah Software Products - Accounts Production 16.1.200 false true 30 June 2023 1 July 2022 false 1 July 2023 30 June 2024 30 June 2024 08155442 A Fowkes J Nicholas C Wass A Fowkes iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08155442 2023-06-30 08155442 2024-06-30 08155442 2023-07-01 2024-06-30 08155442 frs-core:CurrentFinancialInstruments 2024-06-30 08155442 frs-core:ComputerEquipment 2024-06-30 08155442 frs-core:ComputerEquipment 2023-07-01 2024-06-30 08155442 frs-core:ComputerEquipment 2023-06-30 08155442 frs-core:ShareCapital 2024-06-30 08155442 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 08155442 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 08155442 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 08155442 frs-bus:SmallEntities 2023-07-01 2024-06-30 08155442 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 08155442 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 08155442 frs-bus:Director1 2023-07-01 2024-06-30 08155442 frs-bus:Director2 2023-07-01 2024-06-30 08155442 frs-bus:Director3 2023-07-01 2024-06-30 08155442 frs-bus:CompanySecretary1 2023-07-01 2024-06-30 08155442 frs-countries:EnglandWales 2023-07-01 2024-06-30 08155442 2022-06-30 08155442 2023-06-30 08155442 2022-07-01 2023-06-30 08155442 frs-core:CurrentFinancialInstruments 2023-06-30 08155442 frs-core:ShareCapital 2023-06-30 08155442 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30
Registered number: 08155442
Synapse TV Limited
Unaudited Financial Statements
For The Year Ended 30 June 2024
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 08155442
2024 2023
Notes £ £ £ £
FIXED ASSETS
CURRENT ASSETS
Debtors 5 283,557 215,210
Cash at bank and in hand 361,176 2,873
644,733 218,083
Creditors: Amounts Falling Due Within One Year 6 (572,259 ) (178,534 )
NET CURRENT ASSETS (LIABILITIES) 72,474 39,549
TOTAL ASSETS LESS CURRENT LIABILITIES 72,474 39,549
NET ASSETS 72,474 39,549
CAPITAL AND RESERVES
Called up share capital 7 1 1
Profit and Loss Account 72,473 39,548
SHAREHOLDERS' FUNDS 72,474 39,549
For the year ending 30 June 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
A Fowkes
Director
05/02/2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Synapse TV Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08155442 . The registered office is 35 Chestnut Road, London, SE27 9EZ.
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 rendering of services.
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:
Computer Equipment 33.33% Straight Line
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2023: 3)
4 3
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 July 2023 2,435
Disposals (2,435 )
As at 30 June 2024 -
Depreciation
As at 1 July 2023 2,435
Disposals (2,435 )
As at 30 June 2024 -
Net Book Value
As at 30 June 2024 -
As at 1 July 2023 -
Page 2
Page 3
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 266,542 147,565
Other debtors 17,015 67,645
283,557 215,210
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 16,281 -
Amounts owed to group undertakings 525,443 121,166
Other creditors 26,215 57,368
Taxation and social security 4,320 -
572,259 178,534
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
8. Transition to FRS 102
There are no adjustments as a result of the transition to FRS 102 (1A) from FRS 105.
Page 3