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Company Registration No. 11716387 (England and Wales)
And Again Ltd Unaudited accounts for the period from 1 August 2023 to 30 March 2024
And Again Ltd Unaudited accounts Contents
Page
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And Again Ltd Company Information for the period from 1 August 2023 to 30 March 2024
Director
Aaron Bimpson
Company Number
11716387 (England and Wales)
Registered Office
11 York Avenue Sefton Park Liverpool Merseyside L17 2AS England
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And Again Ltd Statement of financial position as at 30 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
49,509 
79,310 
Current assets
Debtors
19,940 
29,000 
Cash at bank and in hand
1,143 
39,209 
21,083 
68,209 
Creditors: amounts falling due within one year
(42,197)
(34,956)
Net current (liabilities)/assets
(21,114)
33,253 
Total assets less current liabilities
28,395 
112,563 
Creditors: amounts falling due after more than one year
(27,948)
(33,274)
Provisions for liabilities
Other provisions
- 
4,118 
Net assets
447 
83,407 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
445 
83,405 
Shareholders' funds
447 
83,407 
For the period ending 30 March 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 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 13 September 2024 and were signed on its behalf by
Aaron Bimpson Director Company Registration No. 11716387
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And Again Ltd Notes to the Accounts for the period from 1 August 2023 to 30 March 2024
1
Statutory information
And Again Ltd is a private company, limited by shares, registered in England and Wales, registration number 11716387. The registered office is 11 York Avenue, Sefton Park, Liverpool, Merseyside, L17 2AS, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation. They are subject to an annual impairment review. The impairment determined amounted to a straight line application of amortisation at 33%.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
33%-50% straight line (leased vehicles)
Computer equipment
33% straight line
Other tangible fixed assets
33% straight line
Research and development
Expenditure on research and development is written off in the year in which it is incurred.
Foreign exchange
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 rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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And Again Ltd Notes to the Accounts for the period from 1 August 2023 to 30 March 2024
4
Intangible fixed assets
Goodwill 
Other 
Total 
£ 
£ 
£ 
Cost
At 1 August 2023
89,224 
5,833 
95,057 
Revaluations
(17,500)
- 
(17,500)
At 30 March 2024
71,724 
5,833 
77,557 
Amortisation
At 1 August 2023
9,914 
5,833 
15,747 
Charge for the period
12,301 
- 
12,301 
At 30 March 2024
22,215 
5,833 
28,048 
Net book value
At 30 March 2024
49,509 
- 
49,509 
At 31 July 2023
79,310 
- 
79,310 
The carrying value of the goodwill in the intangible assets has been impaired by £17,500 following a review of its carrying value in light of the loss of project work for a key client as part of the business transfer from Toyko Digital.
5
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 August 2023
3,086 
At 30 March 2024
3,086 
Depreciation
At 1 August 2023
3,086 
At 30 March 2024
3,086 
Net book value
At 30 March 2024
- 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
2,340 
24,000 
Other debtors
17,600 
5,000 
19,940 
29,000 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
6,360 
4,689 
VAT
1,270 
15,361 
Trade creditors
34,567 
14,906 
42,197 
34,956 
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And Again Ltd Notes to the Accounts for the period from 1 August 2023 to 30 March 2024
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
27,948 
33,274 
9
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Aaron Bimpson
Directors Loan
5,000 
10,000 
- 
15,000 
5,000 
10,000 
- 
15,000 
Directors Loans carry interest at the Bank of England interest base rate from time to time plus 0.05% (5 percentage points) if the Loan is outstanding for more than three months, the interest is rolled up and added to the loan amount at the period end. Otherwise the loan amount is interest free. Loans are unsecured.
10
Controlling party
The Company is controlled jointly by Mr A Bimpson and Mr D James by virtue of their respective "A Shares" and "B Shares" controlling status, which entitles each party to appoint/remove one person to the board of Directors.
11
Average number of employees
During the period the average number of employees was 2 (2023: 2).
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