Acorah Software Products - Accounts Production 16.3.350 false true 30 November 2023 1 December 2022 false 1 December 2023 30 November 2024 30 November 2024 04968990 Mr T Bray iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04968990 2023-11-30 04968990 2024-11-30 04968990 2023-12-01 2024-11-30 04968990 frs-core:CurrentFinancialInstruments 2024-11-30 04968990 frs-core:Non-currentFinancialInstruments 2024-11-30 04968990 frs-core:ComputerEquipment 2024-11-30 04968990 frs-core:ComputerEquipment 2023-12-01 2024-11-30 04968990 frs-core:ComputerEquipment 2023-11-30 04968990 frs-core:FurnitureFittings 2024-11-30 04968990 frs-core:FurnitureFittings 2023-12-01 2024-11-30 04968990 frs-core:FurnitureFittings 2023-11-30 04968990 frs-core:ShareCapital 2024-11-30 04968990 frs-core:RetainedEarningsAccumulatedLosses 2024-11-30 04968990 frs-bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 04968990 frs-bus:FilletedAccounts 2023-12-01 2024-11-30 04968990 frs-bus:SmallEntities 2023-12-01 2024-11-30 04968990 frs-bus:AuditExempt-NoAccountantsReport 2023-12-01 2024-11-30 04968990 frs-bus:SmallCompaniesRegimeForAccounts 2023-12-01 2024-11-30 04968990 frs-bus:Director1 2023-12-01 2024-11-30 04968990 frs-countries:EnglandWales 2023-12-01 2024-11-30 04968990 2022-11-30 04968990 2023-11-30 04968990 2022-12-01 2023-11-30 04968990 frs-core:CurrentFinancialInstruments 2023-11-30 04968990 frs-core:Non-currentFinancialInstruments 2023-11-30 04968990 frs-core:ShareCapital 2023-11-30 04968990 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30
Registered number: 04968990
Clive Media Limited
Financial Statements
For The Year Ended 30 November 2024
Affinity Associates (AU) Limited
Office 43, The Cobalt Building
1600 Eureka Park, Lower Pemberton
Ashford
Kent
TN25 4BF
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—4
Page 1
Statement of Financial Position
Registered number: 04968990
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 4,638 4,774
4,638 4,774
CURRENT ASSETS
Debtors 5 117,050 140,991
Cash at bank and in hand 87,388 72,551
204,438 213,542
Creditors: Amounts Falling Due Within One Year 6 (43,192 ) (38,780 )
NET CURRENT ASSETS (LIABILITIES) 161,246 174,762
TOTAL ASSETS LESS CURRENT LIABILITIES 165,884 179,536
Creditors: Amounts Falling Due After More Than One Year 7 (4,900 ) (14,696 )
NET ASSETS 160,984 164,840
CAPITAL AND RESERVES
Called up share capital 8 2 2
Income Statement 160,982 164,838
SHAREHOLDERS' FUNDS 160,984 164,840
Page 1
Page 2
For the year ending 30 November 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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 Income Statement.
On behalf of the board
Mr T Bray
Director
10 April 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
Clive Media Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04968990 . The registered office is Office 43, The Cobalt Building 1600 Eureka Park, Lower Pemberton, Ashford, Kent, TN25 4BF.
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 the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
2.3. 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:
Fixtures & Fittings 20% Reducing balance method
Computer Equipment 33% Reducing balance method
2.4. 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.
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 assets reflect 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2023: 3)
3 3
Page 3
Page 4
4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 December 2023 9,209 15,890 25,099
Additions 234 2,894 3,128
Disposals (6,340 ) (9,479 ) (15,819 )
As at 30 November 2024 3,103 9,305 12,408
Depreciation
As at 1 December 2023 7,523 12,802 20,325
Provided during the period 372 1,811 2,183
Disposals (5,599 ) (9,139 ) (14,738 )
As at 30 November 2024 2,296 5,474 7,770
Net Book Value
As at 30 November 2024 807 3,831 4,638
As at 1 December 2023 1,686 3,088 4,774
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 4,656 28,597
Other debtors 112,394 112,394
117,050 140,991
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors - 1,167
Bank loans and overdrafts 9,800 9,804
Other creditors 509 1,592
Taxation and social security 32,883 26,217
43,192 38,780
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 4,900 14,696
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
Page 4