Company Registration No. 7719405 (England and Wales)
Audiencenet Limited
Unaudited accounts
for the year ended 31 July 2024
Audiencenet Limited
Unaudited accounts
Contents
Audiencenet Limited
Company Information
for the year ended 31 July 2024
Directors
David Lewis
Karen Mulvee
Company Number
7719405 (England and Wales)
Registered Office
15a Walm Lane
London
NW2 5SJ
England and Wales
Accountants
Schiavi Pole Brett Ltd
15A Walm Lane
London
NW2 5SJ
Audiencenet Limited
Statement of financial position
as at 31 July 2024
Tangible assets
14,821
17,437
Cash at bank and in hand
90,026
120,227
Creditors: amounts falling due within one year
(223,779)
(453,239)
Net current assets/(liabilities)
3,255
(22,553)
Total assets less current liabilities
18,176
(5,016)
Creditors: amounts falling due after more than one year
(10,035)
(20,080)
Net assets/(liabilities)
8,141
(25,096)
Called up share capital
180
180
Share premium
101,915
101,915
Profit and loss account
(93,954)
(127,191)
Shareholders' funds
8,141
(25,096)
For the year ending 31 July 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 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 of Directors and authorised for issue on 18 March 2025 and were signed on its behalf by
David Lewis
Director
Company Registration No. 7719405
Audiencenet Limited
Notes to the Accounts
for the year ended 31 July 2024
Audiencenet Limited is a private company, limited by shares, registered in England and Wales, registration number 7719405. The registered office is 15a Walm Lane, London, NW2 5SJ, England and Wales.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in sterling.
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:
Plant & machinery
15% reducing balance
4
Tangible fixed assets
Fixtures & fittings
5
Investments
Other investments
Valuation at 1 August 2023
100
Valuation at 31 July 2024
100
Audiencenet Limited
Notes to the Accounts
for the year ended 31 July 2024
Amounts falling due within one year
Trade debtors
58,666
82,535
Accrued income and prepayments
11,310
7,732
Other debtors
60,928
63,208
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
10,649
10,648
Trade creditors
163,185
155,965
Taxes and social security
6,711
11,828
Other creditors
18,483
21,045
8
Creditors: amounts falling due after more than one year
2024
2023
9
Average number of employees
During the year the average number of employees was 5 (2023: 11).