Caseware UK (AP4) 2024.0.164 2024.0.164 2024-10-312024-10-312023-11-01falseVideo production including cartoon animation and advertising11truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 08240047 2023-11-01 2024-10-31 08240047 2022-11-01 2023-10-31 08240047 2024-10-31 08240047 2023-10-31 08240047 c:Director1 2023-11-01 2024-10-31 08240047 c:RegisteredOffice 2023-11-01 2024-10-31 08240047 d:FurnitureFittings 2023-11-01 2024-10-31 08240047 d:FurnitureFittings 2024-10-31 08240047 d:FurnitureFittings 2023-10-31 08240047 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-11-01 2024-10-31 08240047 d:ComputerEquipment 2023-11-01 2024-10-31 08240047 d:ComputerEquipment 2024-10-31 08240047 d:ComputerEquipment 2023-10-31 08240047 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-11-01 2024-10-31 08240047 d:OwnedOrFreeholdAssets 2023-11-01 2024-10-31 08240047 d:CurrentFinancialInstruments 2024-10-31 08240047 d:CurrentFinancialInstruments 2023-10-31 08240047 d:CurrentFinancialInstruments d:WithinOneYear 2024-10-31 08240047 d:CurrentFinancialInstruments d:WithinOneYear 2023-10-31 08240047 d:ShareCapital 2024-10-31 08240047 d:ShareCapital 2023-10-31 08240047 d:RetainedEarningsAccumulatedLosses 2024-10-31 08240047 d:RetainedEarningsAccumulatedLosses 2023-10-31 08240047 c:FRS102 2023-11-01 2024-10-31 08240047 c:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 08240047 c:FullAccounts 2023-11-01 2024-10-31 08240047 c:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 08240047 e:PoundSterling 2023-11-01 2024-10-31 iso4217:GBP xbrli:pure
Registered number: 08240047














ENRICHING MEDIA LIMITED
UNAUDITED
FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR
FOR THE YEAR ENDED 31 OCTOBER 2024

 
ENRICHING MEDIA LIMITED
 
 
COMPANY INFORMATION


Director
R Smith 




Registered number
08240047



Registered office
5 Elstree Gate
Elstree Way

Borehamwood

Hertfordshire

United Kingdom

WD6 1JD




Accountants
Sopher + Co LLP
Chartered Accountants

5 Elstree Gate

Elstree Way

Borehamwood

Hertfordshire

WD6 1JD





 
ENRICHING MEDIA LIMITED
 

CONTENTS



Page
Statement of Financial Position
 
 
1 - 2
Notes to the Financial Statements
 
 
3 - 8


 
ENRICHING MEDIA LIMITED
REGISTERED NUMBER:08240047

STATEMENT OF FINANCIAL POSITION
AS AT 31 OCTOBER 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
7,588
9,212

  
7,588
9,212

Current assets
  

Debtors: amounts falling due within one year
 5 
13,805
33,603

Cash at bank and in hand
  
1,699
11,883

  
15,504
45,486

Current liabilities
  

Creditors: amounts falling due within one year
 6 
(20,453)
(24,635)

Net current (liabilities)/assets
  
 
 
(4,949)
 
 
20,851

Total assets less current liabilities
  
2,639
30,063

Provisions for liabilities
  

Deferred tax
  
(1,897)
(2,303)

  
 
 
(1,897)
 
 
(2,303)

Net assets
  
742
27,760


Capital and reserves
  

Called up share capital 
  
1
1

Profit and loss account
  
741
27,759

  
742
27,760


Page 1

 
ENRICHING MEDIA LIMITED
REGISTERED NUMBER:08240047
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 OCTOBER 2024

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




R Smith
Director

Date: 3 July 2025

The notes on pages 3 to 8 form part of these financial statements.

Page 2

 
ENRICHING MEDIA LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

1.


General information

Enriching Media Limited is a private company limited by shares incorporated in England and Wales. The registered office is 5 Elstree Gate, Elstree Way, Borehamwood, Hertfordshire, United Kingdom, WD6 1JD.
The principal activity of the company continued to be that of video production including cartoon animation and advertising.
The company's functional and presentational currency is £ Sterling.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Turnover

Turnover represents the invoiced sale of services, stated net of value added tax. Income is recognised at the point of sale.

 
2.3

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.4

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.
Page 3

 
ENRICHING MEDIA LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

2.Accounting policies (continued)


2.4
Current and deferred taxation (continued)



Page 4

 
ENRICHING MEDIA LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

2.Accounting policies (continued)

 
2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

At each reporting date the Company assesses whether there is any indication of impairment. If such indication exists, the recoverable amount of the asset is determined which is the higher of its fair value less costs to sell and its value in use. An impairment loss is recognised where the carrying amount exceeds the recoverable amount.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Fixtures and fittings
-
25%
Computer equipment
-
25%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.9

Financial instruments

Basic financial assets

Basic financial assets, which include trade and other debtors, cash and bank balances, are initially measured at their transaction price (adjusted for transaction costs except in the initial measurement of financial assets that are subsequently measured at fair value through profit and loss) and are subsequently carried at their amortised cost using the effective interest method, less any provision for
Page 5

 
ENRICHING MEDIA LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

2.Accounting policies (continued)


2.9
Financial instruments (continued)

impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other debtors due with the operating cycle fall into this category of financial instruments.

Financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after the deduction of all its liabilities.

Basic financial liabilities, which include trade and other creditors, bank loans and other loans are initially measured at their transaction price (adjusting for transaction costs except in the initial measurement of financial liabilities that are subsequently measured at fair value through profit and loss). When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future payments discounted at a market rate of interest, discounting is omitted where the effect of discounting is immaterial.

Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.

Trade creditors are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade creditors are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2023 - 1).

Page 6

 
ENRICHING MEDIA LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

4.


Tangible fixed assets





Fixtures and fittings
Computer equipment
Total

£
£
£



Cost


At 1 November 2023
16,050
39,599
55,649


Additions
-
765
765



At 31 October 2024

16,050
40,364
56,414



Depreciation


At 1 November 2023
13,730
32,707
46,437


Charge for the year on owned assets
580
1,809
2,389



At 31 October 2024

14,310
34,516
48,826



Net book value



At 31 October 2024
1,740
5,848
7,588



At 31 October 2023
2,320
6,892
9,212


5.


Debtors

2024
2023
£
£


Trade debtors
1,968
10,001

Other debtors
11,561
23,340

Prepayments and accrued income
276
262

13,805
33,603


Page 7

 
ENRICHING MEDIA LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
10,464
-

Corporation tax
7,671
15,694

Other taxation and social security
1,766
4,911

Other creditors
552
96

Accruals and deferred income
-
3,934

20,453
24,635



7.


Transactions with directors

Included within other debtors is £11,561 (2023 - £23,340) due from the director. Interest on directors' advances are charged at the official HMRC beneficial interest rate. The balance has been fully repaid within 9 months of the year end.

 
Page 8