Acorah Software Products - Accounts Production 16.2.850 false true 30 September 2023 1 October 2022 false 1 October 2023 30 September 2024 30 September 2024 09788095 Steve Topple Afroze Zaidi iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09788095 2023-09-30 09788095 2024-09-30 09788095 2023-10-01 2024-09-30 09788095 frs-core:CurrentFinancialInstruments 2024-09-30 09788095 frs-core:Non-currentFinancialInstruments 2024-09-30 09788095 frs-core:ComputerEquipment 2024-09-30 09788095 frs-core:ComputerEquipment 2023-10-01 2024-09-30 09788095 frs-core:ComputerEquipment 2023-09-30 09788095 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-10-01 2024-09-30 09788095 frs-core:OtherResidualIntangibleAssets 2024-09-30 09788095 frs-core:OtherResidualIntangibleAssets 2023-10-01 2024-09-30 09788095 frs-core:OtherResidualIntangibleAssets 2023-09-30 09788095 frs-core:ShareCapital 2024-09-30 09788095 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 09788095 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 09788095 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 09788095 frs-bus:SmallEntities 2023-10-01 2024-09-30 09788095 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 09788095 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 09788095 frs-bus:Director1 2023-10-01 2024-09-30 09788095 frs-bus:Director2 2023-10-01 2024-09-30 09788095 frs-core:CurrentFinancialInstruments 1 2024-09-30 09788095 frs-countries:EnglandWales 2023-10-01 2024-09-30 09788095 2022-09-30 09788095 2023-09-30 09788095 2022-10-01 2023-09-30 09788095 frs-core:CurrentFinancialInstruments 2023-09-30 09788095 frs-core:Non-currentFinancialInstruments 2023-09-30 09788095 frs-core:ShareCapital 2023-09-30 09788095 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30 09788095 frs-core:CurrentFinancialInstruments 1 2023-09-30
Registered number: 09788095
Canary Media Limited
Financial Statements
For The Year Ended 30 September 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 09788095
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 278 623
Tangible Assets 5 982 184
1,260 807
CURRENT ASSETS
Debtors 6 2,630 1,534
Cash at bank and in hand 467 2,756
3,097 4,290
Creditors: Amounts Falling Due Within One Year 7 (64,028 ) (57,739 )
NET CURRENT ASSETS (LIABILITIES) (60,931 ) (53,449 )
TOTAL ASSETS LESS CURRENT LIABILITIES (59,671 ) (52,642 )
Creditors: Amounts Falling Due After More Than One Year 8 (30,990 ) (38,816 )
NET LIABILITIES (90,661 ) (91,458 )
CAPITAL AND RESERVES
Called up share capital 9 1,000 1,000
Profit and Loss Account (91,661 ) (92,458 )
SHAREHOLDERS' FUNDS (90,661) (91,458)
Page 1
Page 2
For the year ending 30 September 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
Steve Topple
Director
31/05/2025
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
Canary Media Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09788095 . The registered office is 88 SEYMOUR VILLAS , LONDON , SE20 8TT.
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. 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 subscriptions and 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.
2.3. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets is website development. It is amortised to profit and loss account over its estimated economic life of 3 years.
2.4. 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:
Computer Equipment 3 years straight line
2.5. 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 years 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 3)
2 3
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4. Intangible Assets
Website
£
Cost
As at 1 October 2023 8,575
As at 30 September 2024 8,575
Amortisation
As at 1 October 2023 7,952
Provided during the period 345
As at 30 September 2024 8,297
Net Book Value
As at 30 September 2024 278
As at 1 October 2023 623
5. Tangible Assets
Computer Equipment
£
Cost
As at 1 October 2023 887
Additions 1,192
As at 30 September 2024 2,079
Depreciation
As at 1 October 2023 703
Provided during the period 394
As at 30 September 2024 1,097
Net Book Value
As at 30 September 2024 982
As at 1 October 2023 184
6. Debtors
2024 2023
£ £
Due within one year
VAT Debtor 2,630 -
Corporation tax recoverable assets - 1,534
2,630 1,534
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7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors - 6
Other loans 6,717 10,210
Other taxes and social security 21,602 7,852
VAT. 34,020 30,194
Net wages 399 725
Accruals and deferred income 1,290 8,752
64,028 57,739
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Other loans 30,990 38,816
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1,000 1,000
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