Acorah Software Products - Accounts Production 16.3.350 false true 30 September 2023 1 October 2022 false 1 October 2023 30 September 2024 30 September 2024 12796918 Mr Charlie Coffey Mr Robert Nowell Mr Andrew Worgan Miss Katherine Gilder Ms Rachel Gray iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12796918 2023-09-30 12796918 2024-09-30 12796918 2023-10-01 2024-09-30 12796918 frs-core:CurrentFinancialInstruments 2024-09-30 12796918 frs-core:BetweenOneFiveYears 2024-09-30 12796918 frs-core:FurnitureFittings 2024-09-30 12796918 frs-core:FurnitureFittings 2023-10-01 2024-09-30 12796918 frs-core:FurnitureFittings 2023-09-30 12796918 frs-core:PlantMachinery 2024-09-30 12796918 frs-core:PlantMachinery 2023-10-01 2024-09-30 12796918 frs-core:PlantMachinery 2023-09-30 12796918 frs-core:WithinOneYear 2024-09-30 12796918 frs-core:ShareCapital 2024-09-30 12796918 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 12796918 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 12796918 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 12796918 frs-bus:SmallEntities 2023-10-01 2024-09-30 12796918 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 12796918 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 12796918 frs-bus:Director1 2023-10-01 2024-09-30 12796918 frs-bus:Director2 2023-10-01 2024-09-30 12796918 frs-bus:Director3 2023-10-01 2024-09-30 12796918 frs-bus:CompanySecretary1 2023-10-01 2024-09-30 12796918 frs-bus:CompanySecretary2 2023-10-01 2024-09-30 12796918 frs-countries:EnglandWales 2023-10-01 2024-09-30 12796918 2022-09-30 12796918 2023-09-30 12796918 2022-10-01 2023-09-30 12796918 frs-core:CurrentFinancialInstruments 2023-09-30 12796918 frs-core:BetweenOneFiveYears 2023-09-30 12796918 frs-core:WithinOneYear 2023-09-30 12796918 frs-core:ShareCapital 2023-09-30 12796918 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30
Registered number: 12796918
Medium Marketing Ltd
Unaudited Financial Statements
For The Year Ended 30 September 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—7
Page 1
Balance Sheet
Registered number: 12796918
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 16,258 16,885
16,258 16,885
CURRENT ASSETS
Debtors 5 336,945 169,456
Cash at bank and in hand 51,481 21,746
388,426 191,202
Creditors: Amounts Falling Due Within One Year 6 (253,886 ) (140,552 )
NET CURRENT ASSETS (LIABILITIES) 134,540 50,650
TOTAL ASSETS LESS CURRENT LIABILITIES 150,798 67,535
PROVISIONS FOR LIABILITIES
Deferred Taxation (4,000 ) (4,000 )
NET ASSETS 146,798 63,535
CAPITAL AND RESERVES
Called up share capital 2 2
Profit and Loss Account 146,796 63,533
SHAREHOLDERS' FUNDS 146,798 63,535
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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
Mr Charlie Coffey
Director
24 June 2025
The notes on pages 3 to 7 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Medium Marketing Ltd is a private company, limited by shares, incorporated in England & Wales, the registered number is 12796918 . The registered office is Thames Tower, Station Road, Reading, England, RG1 1LX.
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 value added taxes. Turnover includes revenue earned from the provision of services and is recogonised at the point of invoice. If the provision of services spans the financial year end, it is measured by reviewing the actual services performed against the total services to be provided and is only recognised if it can 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 and machinery etc 33% Straight line
Furniture and fixtures 25% Straight line
2.4. Leasing and Hire Purchase Contracts
Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets. 
Assets acquired under hire purchase contracts are depreciated over their useful lives.
Assets acquired under finance leases are depreciated over the shorter of the lease term and 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.
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2.5. Financial Instruments
Financial assets and financial liabilities are recognised in the balance sheet when the company becomes a party to the contractual provisions of the instrument.
Trade and other debtors and creditors are classified as basic financial instruments and measured at initial recognition at transaction price. Debtors and creditors are subsequently measured at amortised cost using the effective interest rate method. A provision is established when there is objective evidence that the company will not be able to collect all amounts due.
Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand at bank and bank overdrafts.
Financial liabilities and equity instruments issued by the company are classified in accordance with the substance of the contractual arrangements entered into and the definitions of a financial liability and an equity instrument. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Equity instruments issued by the company are recorded at the proceeds received, net of direct issue costs.
2.6. Foreign Currencies
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
The taxation expense represents the sum of the tax currently payable and deferred tax. 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.
Current tax
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account 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
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 asset reflects 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.
Deferred tax is only adjusted if the change in timing difference is material.
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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.
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3. Average Number of Employees
Average number of employees, including directors, during the year was: 13 (2023: 12)
13 12
4. Tangible Assets
Plant and machinery etc Furniture and fixtures Total
£ £ £
Cost
As at 1 October 2023 12,505 8,540 21,045
Additions 6,978 255 7,233
As at 30 September 2024 19,483 8,795 28,278
Depreciation
As at 1 October 2023 3,196 964 4,160
Provided during the period 5,688 2,172 7,860
As at 30 September 2024 8,884 3,136 12,020
Net Book Value
As at 30 September 2024 10,599 5,659 16,258
As at 1 October 2023 9,309 7,576 16,885
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 323,878 144,209
Other debtors 13,067 25,247
336,945 169,456
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 41,508 7,648
Other creditors 99,481 16,308
Taxation and social security 112,897 116,596
253,886 140,552
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7. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2024 2023
£ £
Not later than one year 68,115 -
Later than one year and not later than five years 3,400 -
71,515 -
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