Acorah Software Products - Accounts Production 16.1.300 false true 30 April 2024 1 May 2023 false 1 May 2024 31 December 2024 31 December 2024 08261460 Mr Mark Foster Mr Simon Rose Mrs Catherine Rose iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08261460 2024-04-30 08261460 2024-12-31 08261460 2024-05-01 2024-12-31 08261460 frs-core:Non-currentFinancialInstruments 2024-12-31 08261460 frs-core:ComputerEquipment 2024-05-01 2024-12-31 08261460 frs-core:ShareCapital 2024-12-31 08261460 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 08261460 frs-bus:PrivateLimitedCompanyLtd 2024-05-01 2024-12-31 08261460 frs-bus:AbridgedAccounts 2024-05-01 2024-12-31 08261460 frs-bus:SmallEntities 2024-05-01 2024-12-31 08261460 frs-bus:AuditExempt-NoAccountantsReport 2024-05-01 2024-12-31 08261460 frs-bus:SmallCompaniesRegimeForAccounts 2024-05-01 2024-12-31 08261460 frs-bus:Director1 2024-05-01 2024-12-31 08261460 frs-bus:Director2 2024-05-01 2024-12-31 08261460 frs-bus:Director3 2024-05-01 2024-12-31 08261460 frs-countries:EnglandWales 2024-05-01 2024-12-31 08261460 2023-04-30 08261460 2024-04-30 08261460 2023-05-01 2024-04-30 08261460 frs-core:Non-currentFinancialInstruments 2024-04-30 08261460 frs-core:ShareCapital 2024-04-30 08261460 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30
Registered number: 08261460
Umbrella Print Media Ltd
Unaudited ABRIDGED Financial Statements
For the Period 1 May 2024 to 31 December 2024
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—4
Page 1
Abridged Balance Sheet
Registered number: 08261460
31 December 2024 30 April 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 2,389 1,822
2,389 1,822
CURRENT ASSETS
Stocks 281,678 460,617
Debtors 307,333 378,351
Cash at bank and in hand 19,342 5
608,353 838,973
Creditors: Amounts Falling Due Within One Year (570,860 ) (952,298 )
NET CURRENT ASSETS (LIABILITIES) 37,493 (113,325 )
TOTAL ASSETS LESS CURRENT LIABILITIES 39,882 (111,503 )
Creditors: Amounts Falling Due After More Than One Year - (18,498 )
NET ASSETS/(LIABILITIES) 39,882 (130,001 )
CAPITAL AND RESERVES
Called up share capital 5 100 100
Profit and Loss Account 39,782 (130,101 )
SHAREHOLDERS' FUNDS 39,882 (130,001)
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For the period 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.
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 31 December 2024 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr Mark Foster
Director
Mr Simon Rose
Director
24/02/2025
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
Umbrella Print Media Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08261460 . The registered office is 4 Carrwood Park Selby Road, Swillington Common, Leeds, LS15 4LG.
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 sale of goods. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
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% @ WDV
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.5. 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.
2.6. Taxation
Income 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.
2.7. 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 period was: 4 (2024: 4)
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4. Tangible Assets
Total
£
Cost
As at 1 May 2024 4,473
Additions 1,098
As at 31 December 2024 5,571
Depreciation
As at 1 May 2024 2,651
Provided during the period 531
As at 31 December 2024 3,182
Net Book Value
As at 31 December 2024 2,389
As at 1 May 2024 1,822
5. Share Capital
31 December 2024 30 April 2024
£ £
Allotted, Called up and fully paid 100 100
6. Pension Commitments
The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. At the balance sheet date unpaid contributions of £241 (2024: £168) were due to the fund. They are included in Other Creditors.
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