Acorah Software Products - Accounts Production 16.1.300 false true true 31 December 2023 1 June 2023 false 1 January 2024 31 December 2024 31 December 2024 NI688620 Mr John Wilkinson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure NI688620 2023-12-31 NI688620 2024-12-31 NI688620 2024-01-01 2024-12-31 NI688620 frs-core:CurrentFinancialInstruments 2024-12-31 NI688620 frs-core:Non-currentFinancialInstruments 2024-12-31 NI688620 frs-core:RevaluationReserve 2024-01-01 2024-12-31 NI688620 frs-core:RevaluationReserve 2023-12-31 NI688620 frs-core:RevaluationReserve 2024-12-31 NI688620 frs-core:ShareCapital 2024-12-31 NI688620 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 NI688620 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 NI688620 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 NI688620 frs-bus:SmallEntities 2024-01-01 2024-12-31 NI688620 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 NI688620 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 NI688620 frs-bus:Director1 2024-01-01 2024-12-31 NI688620 frs-countries:NorthernIreland 2024-01-01 2024-12-31 NI688620 2023-05-31 NI688620 2023-12-31 NI688620 2023-06-01 2023-12-31 NI688620 frs-core:CurrentFinancialInstruments 2023-12-31 NI688620 frs-core:Non-currentFinancialInstruments 2023-12-31 NI688620 frs-core:RevaluationReserve 2023-12-31 NI688620 frs-core:ShareCapital 2023-12-31 NI688620 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: NI688620
Penalty Spot Pictures Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2024
EAM London Limited
Chartered Tax Accountants
215-221 Borough High Street
London
SE1 1JA
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: NI688620
31 December 2024 31 December 2023
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 100 100
Cash at bank and in hand 5,343 2,745
5,443 2,845
Creditors: Amounts Falling Due Within One Year 5 (4,320 ) (2,640 )
NET CURRENT ASSETS (LIABILITIES) 1,123 205
TOTAL ASSETS LESS CURRENT LIABILITIES 1,123 205
Creditors: Amounts Falling Due After More Than One Year 6 (120,566 ) (101,576 )
NET LIABILITIES (119,443 ) (101,371 )
CAPITAL AND RESERVES
Called up share capital 7 100 100
Revaluation reserve 8 3,700 2,690
Profit and Loss Account (123,243 ) (104,161 )
SHAREHOLDERS' FUNDS (119,443) (101,371)
Page 1
Page 2
For the year 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 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 John Wilkinson
Director
04/03/2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Penalty Spot Pictures Ltd is a private company, limited by shares, incorporated in Northern Ireland, registered number NI688620 . The registered office is C/O Blick Studios 46, Hill Street, Belfast, BT1 2LB.
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. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Debtors
31 December 2024 31 December 2023
£ £
Due after more than one year
Other debtors 100 100
5. Creditors: Amounts Falling Due Within One Year
31 December 2024 31 December 2023
£ £
Trade creditors 3,420 -
Accruals and deferred income 900 2,640
4,320 2,640
6. Creditors: Amounts Falling Due After More Than One Year
31 December 2024 31 December 2023
£ £
Other loans 120,566 101,576
7. Share Capital
31 December 2024 31 December 2023
£ £
Allotted, Called up and fully paid 100 100
Page 3
Page 4
8. Reserves
Revaluation Reserve
£
As at 1 January 2024 2,690
Surplus on revaluation 1,010
As at 31 December 2024 3,700
Page 4