Acorah Software Products - Accounts Production 16.1.300 false true 30 June 2023 1 July 2022 false 1 July 2023 31 December 2024 31 December 2024 04238764 Mr D T Patrick Mr D T Patrick iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04238764 frs-core:Non-currentFinancialInstruments frs-core:MoreThanFiveYears 2024-12-31 04238764 2023-06-30 04238764 2024-12-31 04238764 2023-07-01 2024-12-31 04238764 frs-core:CurrentFinancialInstruments 2024-12-31 04238764 frs-core:Non-currentFinancialInstruments 2024-12-31 04238764 frs-core:ComputerEquipment 2024-12-31 04238764 frs-core:ComputerEquipment 2023-07-01 2024-12-31 04238764 frs-core:ComputerEquipment 2023-06-30 04238764 frs-core:FurnitureFittings 2024-12-31 04238764 frs-core:FurnitureFittings 2023-07-01 2024-12-31 04238764 frs-core:FurnitureFittings 2023-06-30 04238764 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-12-31 04238764 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-07-01 2024-12-31 04238764 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-06-30 04238764 frs-core:ShareCapital 2024-12-31 04238764 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 04238764 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-12-31 04238764 frs-bus:FilletedAccounts 2023-07-01 2024-12-31 04238764 frs-bus:SmallEntities 2023-07-01 2024-12-31 04238764 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-12-31 04238764 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-12-31 04238764 frs-bus:OrdinaryShareClass1 2023-07-01 2024-12-31 04238764 frs-bus:OrdinaryShareClass1 2024-12-31 04238764 frs-bus:OrdinaryShareClass2 2023-07-01 2024-12-31 04238764 frs-bus:OrdinaryShareClass2 2024-12-31 04238764 frs-bus:OrdinaryShareClass3 2023-07-01 2024-12-31 04238764 frs-bus:OrdinaryShareClass3 2024-12-31 04238764 frs-bus:Director1 2023-07-01 2024-12-31 04238764 frs-bus:Director1 2023-06-30 04238764 frs-bus:Director1 2024-12-31 04238764 frs-bus:CompanySecretary1 2023-07-01 2024-12-31 04238764 frs-countries:EnglandWales 2023-07-01 2024-12-31 04238764 frs-core:Non-currentFinancialInstruments frs-core:MoreThanFiveYears 2023-06-30 04238764 2022-06-30 04238764 2023-06-30 04238764 2022-07-01 2023-06-30 04238764 frs-core:CurrentFinancialInstruments 2023-06-30 04238764 frs-core:Non-currentFinancialInstruments 2023-06-30 04238764 frs-core:ShareCapital 2023-06-30 04238764 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30 04238764 frs-bus:OrdinaryShareClass1 2022-07-01 2023-06-30 04238764 frs-bus:OrdinaryShareClass2 2022-07-01 2023-06-30 04238764 frs-bus:OrdinaryShareClass3 2022-07-01 2023-06-30
Registered number: 04238764
Yes Direct Marketing Limited
Unaudited Financial Statements
For the Period 1 July 2023 to 31 December 2024
Deans
Gibson House Hurricane Close
Stafford
Staffordshire
ST16 1GZ
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 04238764
31 December 2024 30 June 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 - 24,649
- 24,649
CURRENT ASSETS
Debtors 5 40,813 13,328
Cash at bank and in hand 1,822 43,798
42,635 57,126
Creditors: Amounts Falling Due Within One Year 6 (10,439 ) (22,995 )
NET CURRENT ASSETS (LIABILITIES) 32,196 34,131
TOTAL ASSETS LESS CURRENT LIABILITIES 32,196 58,780
Creditors: Amounts Falling Due After More Than One Year 7 (30,602 ) (36,524 )
PROVISIONS FOR LIABILITIES
Deferred Taxation - (3,487 )
NET ASSETS 1,594 18,769
CAPITAL AND RESERVES
Called up share capital 8 9,200 9,200
Profit and Loss Account (7,606 ) 9,569
SHAREHOLDERS' FUNDS 1,594 18,769
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Page 2
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 member has 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.
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 D T Patrick
Director
26 February 2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Yes Direct Marketing Limited is a private company, limited by shares, registered in England & Wales.  The company's registered number and registered office address can be found on the Company Information page.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of section 1a "Small Entities" and the Companies Act 2006.  The financial statements have been prepared under the historical cost convention.
The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.
The significant accounting policies applied in the preparation of these financial statements are set out below.  These policies have been consistently applied to all years presented unless otherwise stated.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of VAT and trade discounts.  The policies adopted for the recognition of turnover are as follows:
Rendering of services
When the outcome of a transaction can be estimated reliably, turnover from marketing services is recognised by reference to the stage of completion at the balance sheet date. Stage of completion is measured by reference to chargable hours undertaken.
Where the outcome cannot be measured reliably, turnover is recognised only to the extent of the expenses recognised that are recoverable.
Rental income
Rental income from operating leases net of any incentives given to the lessees is recognised on a straight line basis over the lease term.
Interest receivable
Interest income is recognised using the effective interest method.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less accumulated depreciation.  Cost includes costs directly attributable to making the asset capable of operating as intended.  Depreciation is provided at the following rates in order to write off each asset over its estimated useful life.
Improvements to Leasehold Property 10% on cost
Fixtures & Fittings 20% on cost and 10% on cost
Computer Equipment Straight line over 3 years
2.4. Taxation
Taxation for the year comprises current and deferred tax.  Tax is recognised in the Trading Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.  
Current or deferred taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements.  Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
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2.5. Government Grant
Government grants relating to capital expenditure are recognised as deferred income during the year. The income will be credited to the profit and loss account by instalments over the expected useful economic life of the related asset on a basis consistent with the depreciation policy.
2.6. Debtors and creditors receivable / payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price.  Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.
2.7. Loans and borrowings
Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 1 (2023: 1)
1 1
4. Tangible Assets
Land & Property
Improvements to Leasehold Property Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 July 2023 53,708 25,650 65,631 144,989
Disposals (53,708 ) - - (53,708 )
As at 31 December 2024 - 25,650 65,631 91,281
Depreciation
As at 1 July 2023 29,092 25,617 65,631 120,340
Provided during the period - 33 - 33
Disposals (29,092 ) - - (29,092 )
As at 31 December 2024 - 25,650 65,631 91,281
Net Book Value
As at 31 December 2024 - - - -
As at 1 July 2023 24,616 33 - 24,649
5. Debtors
31 December 2024 30 June 2023
£ £
Due within one year
Prepayments and accrued income - 3,949
Other debtors - 2,100
Corporation tax recoverable assets - 637
Director's loan account 40,813 6,642
40,813 13,328
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6. Creditors: Amounts Falling Due Within One Year
31 December 2024 30 June 2023
£ £
Bank loans and overdrafts 7,049 5,444
Corporation tax 1,102 -
Other creditors - 3,750
Accruals and deferred income 2,288 12,358
Deferred government grants - 1,443
10,439 22,995
7. Creditors: Amounts Falling Due After More Than One Year
31 December 2024 30 June 2023
£ £
Bank loans 30,602 35,682
Deferred government grant - 842
30,602 36,524
Of the creditors falling due after more than one year the following amounts are due after more than five years.
31 December 2024 30 June 2023
£ £
Bank loans 581 12,493
8. Share Capital
31 December 2024 30 June 2023
Allotted, called up and fully paid £ £
9,000 Ordinary A Shares of £ 1.00 each 9,000 9,000
100 Ordinary B shares of £ 1.00 each 100 100
100 Ordinary C shares of £ 1.00 each 100 100
9,200 9,200
9. Other Commitments
Total financial commitments, guarantees and contingencies which are not included in the balance sheet amount to £nil (2023: £23,750). 
10. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 July 2023 Amounts advanced Amounts repaid Amounts written off As at 31 December 2024
£ £ £ £ £
Mr. David Patrick 6,642 53,471 19,300 - 40,813
The above loan is provided at an interest rate of 2.25% (2023: 2%) and is repayable on demand.
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