Acorah Software Products - Accounts Production 16.0.110 false true 30 June 2023 1 July 2022 false 1 July 2023 30 June 2024 30 June 2024 05851603 Mr Paul McFadden Mrs Ceri McFadden Mr Douglas Sinclair Mrs Kay Sinclair Mrs Kay Sinclair iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05851603 2023-06-30 05851603 2024-06-30 05851603 2023-07-01 2024-06-30 05851603 frs-core:CurrentFinancialInstruments 2024-06-30 05851603 frs-core:Non-currentFinancialInstruments 2024-06-30 05851603 frs-core:BetweenOneFiveYears 2024-06-30 05851603 frs-core:ComputerEquipment 2024-06-30 05851603 frs-core:ComputerEquipment 2023-07-01 2024-06-30 05851603 frs-core:ComputerEquipment 2023-06-30 05851603 frs-core:FurnitureFittings 2024-06-30 05851603 frs-core:FurnitureFittings 2023-07-01 2024-06-30 05851603 frs-core:FurnitureFittings 2023-06-30 05851603 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-06-30 05851603 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-07-01 2024-06-30 05851603 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-06-30 05851603 frs-core:PlantMachinery 2024-06-30 05851603 frs-core:PlantMachinery 2023-07-01 2024-06-30 05851603 frs-core:PlantMachinery 2023-06-30 05851603 frs-core:WithinOneYear 2024-06-30 05851603 frs-core:OtherReservesSubtotal 2024-06-30 05851603 frs-core:ShareCapital 2024-06-30 05851603 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 05851603 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 05851603 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 05851603 frs-bus:SmallEntities 2023-07-01 2024-06-30 05851603 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 05851603 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 05851603 frs-bus:Director1 2023-07-01 2024-06-30 05851603 frs-bus:Director2 2023-07-01 2024-06-30 05851603 frs-bus:Director3 2023-07-01 2024-06-30 05851603 frs-bus:Director4 2023-07-01 2024-06-30 05851603 frs-bus:CompanySecretary1 2023-07-01 2024-06-30 05851603 frs-countries:EnglandWales 2023-07-01 2024-06-30 05851603 2022-06-30 05851603 2023-06-30 05851603 2022-07-01 2023-06-30 05851603 frs-core:CurrentFinancialInstruments 2023-06-30 05851603 frs-core:Non-currentFinancialInstruments 2023-06-30 05851603 frs-core:BetweenOneFiveYears 2023-06-30 05851603 frs-core:WithinOneYear 2023-06-30 05851603 frs-core:OtherReservesSubtotal 2023-06-30 05851603 frs-core:ShareCapital 2023-06-30 05851603 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30
Registered number: 05851603
Bang Post Production Limited
Unaudited Financial Statements
For The Year Ended 30 June 2024
Llewellyns Chartered Certified Accountants
1st Floor
Brook House, Brook Road
Whitchurch
Cardiff
CF14 1DU
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 05851603
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 3 410,599 366,967
410,599 366,967
CURRENT ASSETS
Stocks 4 235,762 266,086
Debtors 5 151,190 182,006
Cash at bank and in hand 41,360 32,433
428,312 480,525
Creditors: Amounts Falling Due Within One Year 6 (295,295 ) (293,201 )
NET CURRENT ASSETS (LIABILITIES) 133,017 187,324
TOTAL ASSETS LESS CURRENT LIABILITIES 543,616 554,291
Creditors: Amounts Falling Due After More Than One Year 7 (109,903 ) (118,771 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (76,975 ) (67,981 )
NET ASSETS 356,738 367,539
CAPITAL AND RESERVES
Called up share capital 9 100 100
Other reserves 43,544 43,544
Profit and Loss Account 313,094 323,895
SHAREHOLDERS' FUNDS 356,738 367,539
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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
Mr Paul McFadden
Director
19/03/2025
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. Accounting Policies
1.1. 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.
1.2. 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. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

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.
1.3. 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:
Leasehold 25% staight line
Plant & Machinery 10% straight line
Fixtures & Fittings 25% reducing balance
Computer Equipment 10% straight line
1.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
1.5. 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.
1.6. 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.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
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2. Average Number of Employees
Average number of employees, including directors, during the year was as follows:
2024 2023
Office and administration 20 17
20 17
3. Tangible Assets
Land & Property
Leasehold Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 July 2023 20,662 303,891 268,321 28,720 621,594
Additions - 119,168 14,392 - 133,560
As at 30 June 2024 20,662 423,059 282,713 28,720 755,154
Depreciation
As at 1 July 2023 11,488 164,258 65,737 13,144 254,627
Provided during the period 3,706 29,584 54,244 2,394 89,928
As at 30 June 2024 15,194 193,842 119,981 15,538 344,555
Net Book Value
As at 30 June 2024 5,468 229,217 162,732 13,182 410,599
As at 1 July 2023 9,174 139,633 202,584 15,576 366,967
4. Stocks
2024 2023
£ £
Stock 235,762 266,086
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 127,697 158,819
Prepayments and accrued income 9,493 9,187
Other debtors 14,000 14,000
151,190 182,006
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6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 41,494 13,355
Trade creditors 50,335 103,858
Bank loans and overdrafts 52,500 57,500
Corporation tax 25,891 33,007
Other taxes and social security 14,513 11,367
VAT 68,046 30,478
Other creditors 2,813 2,016
Accruals and deferred income - 4,024
Directors' loan accounts 39,703 37,596
295,295 293,201
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 81,778 38,146
Bank loans 28,125 80,625
109,903 118,771
8. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The maturity of these amounts is as follows:
Within one year 41,494 13,355
Between one and five years 81,778 38,146
123,272 51,501
123,272 51,501
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
10. General Information
Bang Post Production Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05851603 . The registered office is M105 Forgeside House, Forgeside Close, Cardiff, CF24 5FA.
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