Acorah Software Products - Accounts Production 16.3.350 false true 31 July 2023 1 August 2022 false 1 August 2023 31 July 2024 31 July 2024 05147165 John Shaw Mark Tredinnick Sarah Sparks iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05147165 2023-07-31 05147165 2024-07-31 05147165 2023-08-01 2024-07-31 05147165 frs-core:CurrentFinancialInstruments 2024-07-31 05147165 frs-core:Non-currentFinancialInstruments 2024-07-31 05147165 frs-core:BetweenOneFiveYears 2024-07-31 05147165 frs-core:ComputerEquipment 2024-07-31 05147165 frs-core:ComputerEquipment 2023-08-01 2024-07-31 05147165 frs-core:ComputerEquipment 2023-07-31 05147165 frs-core:FurnitureFittings 2024-07-31 05147165 frs-core:FurnitureFittings 2023-08-01 2024-07-31 05147165 frs-core:FurnitureFittings 2023-07-31 05147165 frs-core:MotorVehicles 2024-07-31 05147165 frs-core:MotorVehicles 2023-08-01 2024-07-31 05147165 frs-core:MotorVehicles 2023-07-31 05147165 frs-core:PlantMachinery 2024-07-31 05147165 frs-core:PlantMachinery 2023-08-01 2024-07-31 05147165 frs-core:PlantMachinery 2023-07-31 05147165 frs-core:WithinOneYear 2024-07-31 05147165 frs-core:ShareCapital 2024-07-31 05147165 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 05147165 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 05147165 frs-bus:FilletedAccounts 2023-08-01 2024-07-31 05147165 frs-bus:SmallEntities 2023-08-01 2024-07-31 05147165 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 05147165 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 05147165 frs-bus:Director1 2023-08-01 2024-07-31 05147165 frs-bus:Director2 2023-08-01 2024-07-31 05147165 frs-bus:CompanySecretary1 2023-08-01 2024-07-31 05147165 frs-countries:EnglandWales 2023-08-01 2024-07-31 05147165 2022-07-31 05147165 2023-07-31 05147165 2022-08-01 2023-07-31 05147165 frs-core:CurrentFinancialInstruments 2023-07-31 05147165 frs-core:Non-currentFinancialInstruments 2023-07-31 05147165 frs-core:BetweenOneFiveYears 2023-07-31 05147165 frs-core:WithinOneYear 2023-07-31 05147165 frs-core:ShareCapital 2023-07-31 05147165 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31
Registered number: 05147165
Media Dog Limited
Unaudited Financial Statements
For The Year Ended 31 July 2024
The Hughes Partnership
Chartered Certified Accountants and Business Advisers
91 Main Road
Meriden
West Midlands
CV7 7NL
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 05147165
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 2,329,676 2,868,068
2,329,676 2,868,068
CURRENT ASSETS
Debtors 5 462,105 579,317
Cash at bank and in hand 26,260 39,501
488,365 618,818
Creditors: Amounts Falling Due Within One Year 6 (1,184,886 ) (1,282,056 )
NET CURRENT ASSETS (LIABILITIES) (696,521 ) (663,238 )
TOTAL ASSETS LESS CURRENT LIABILITIES 1,633,155 2,204,830
Creditors: Amounts Falling Due After More Than One Year 7 (816,193 ) (1,265,057 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (540,000 ) (504,250 )
NET ASSETS 276,962 435,523
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 276,862 435,423
SHAREHOLDERS' FUNDS 276,962 435,523
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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.
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
John Shaw
Director
24 June 2025
The notes on pages 3 to 6 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Media Dog Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05147165 . The registered office is Unit 4a Exhibition Way, The National Exhibition Centre, Birmingham, B40 1PJ.
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.
2.2.1 Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
2.2.2 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. 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:
Plant & Machinery As per below detailed note
Motor Vehicles 25% straight line
Fixtures & Fittings 20% reducing balance
Computer Equipment 33.33% straight line
Plant & Machinery 15% reducing balance or over the term of any finance lease agreement, if applicable
2.3.1 Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
2.4. 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.
2.5. 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.
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2.6. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.7. 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.
2.7.1 Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
2.8. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
2.9. Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
2.10. Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 16 (2023: 19)
16 19
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4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 August 2023 5,427,795 72,911 38,684 54,633 5,594,023
Additions 74,674 - 666 2,988 78,328
As at 31 July 2024 5,502,469 72,911 39,350 57,621 5,672,351
Depreciation
As at 1 August 2023 2,620,214 35,570 27,806 42,365 2,725,955
Provided during the period 593,229 12,622 2,280 8,589 616,720
As at 31 July 2024 3,213,443 48,192 30,086 50,954 3,342,675
Net Book Value
As at 31 July 2024 2,289,026 24,719 9,264 6,667 2,329,676
As at 1 August 2023 2,807,581 37,341 10,878 12,268 2,868,068
The net book value of tangible fixed assets purchased on hire purchase and finance lease agreements amounted to £1,854,089, and depreciation charged during the year amounted to £601,919.
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 426,648 512,064
Prepayments and accrued income 28,565 11,305
Other debtors 6,892 55,948
462,105 579,317
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 542,884 581,253
Trade creditors 355,289 374,283
Bank loans and overdrafts 35,769 49,441
Corporation tax 240 9,040
Other taxes and social security 59,139 20,034
VAT 132,286 118,637
Net wages 640 -
Other creditors 50,906 76,625
Directors' loan accounts 7,733 52,743
1,184,886 1,282,056
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7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 792,582 1,205,677
Bank loans 23,611 59,380
816,193 1,265,057
Finance lease and hire purchase liabilities are secured against the assets to which they relate.
8. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 542,884 581,253
Later than one year and not later than five years 792,582 1,205,677
1,335,466 1,786,930
1,335,466 1,786,930
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
10. Related Party Transactions
The balance outstanding to Media Dog Production Limited, a company in which Mr J Shaw and Mr M Tredinnick (Directors) have a financial interest, was £31,436 (2023 : £52,566) at the balance sheet date, on which no interest will be paid.
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