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Company Registration No. 08031358 (England and Wales)
Now Press Play Ltd Unaudited accounts for the year ended 31 August 2024
Now Press Play Ltd Unaudited accounts Contents
Page
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Now Press Play Ltd Company Information for the year ended 31 August 2024
Directors
L A Brooke A Lacey O Wood M E Brooke R Conwell R Boston G T Abel A Gargya
Company Number
08031358 (England and Wales)
Registered Office
Edspace, Block D Hackney Community College Flakirk Street London N1 6HQ United Kingdom
Accountants
Multiply Accountancy Limited 71-75 Shelton Street London WC2H 9JQ
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Now Press Play Ltd Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
109,175 
113,280 
Tangible assets
2,419 
5,796 
111,594 
119,076 
Current assets
Debtors
126,634 
80,832 
Cash at bank and in hand
277,628 
158,170 
404,262 
239,002 
Creditors: amounts falling due within one year
(712,304)
(706,757)
Net current liabilities
(308,042)
(467,755)
Total assets less current liabilities
(196,448)
(348,679)
Creditors: amounts falling due after more than one year
(7,897)
(18,210)
Provisions for liabilities
Deferred tax
(4,107)
(4,107)
Net liabilities
(208,452)
(370,996)
Capital and reserves
Called up share capital
1,996 
1,996 
Share premium
104,604 
104,604 
Profit and loss account
(315,052)
(477,596)
Shareholders' funds
(208,452)
(370,996)
For the year ending 31 August 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 9 May 2025 and were signed on its behalf by
M E Brooke Director Company Registration No. 08031358
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Now Press Play Ltd Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
Now Press Play Ltd is a private company, limited by shares, registered in England and Wales, registration number 08031358. The registered office is Edspace, Block D, Hackney Community College, Flakirk Street, London, N1 6HQ, United Kingdom.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
33% Straight Line
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other 
£ 
Cost
At 1 September 2023
216,813 
Additions
34,020 
At 31 August 2024
250,833 
Amortisation
At 1 September 2023
103,533 
Charge for the year
38,125 
At 31 August 2024
141,658 
Net book value
At 31 August 2024
109,175 
At 31 August 2023
113,280 
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Now Press Play Ltd Notes to the Accounts for the year ended 31 August 2024
5
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 September 2023
63,994 
Additions
1,742 
At 31 August 2024
65,736 
Depreciation
At 1 September 2023
58,198 
Charge for the year
5,119 
At 31 August 2024
63,317 
Net book value
At 31 August 2024
2,419 
At 31 August 2023
5,796 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
103,469 
69,945 
Accrued income and prepayments
23,165 
10,887 
126,634 
80,832 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
10,313 
10,058 
Trade creditors
11,344 
2,585 
Taxes and social security
60,021 
57,325 
Other creditors
6,223 
5,140 
Accruals
38,274 
41,956 
Deferred income
586,129 
589,693 
712,304 
706,757 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
7,897 
18,210 
9
Average number of employees
During the year the average number of employees was 12 (2023: 15).
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