Acorah Software Products - Accounts Production 16.4.675 false true false 20 May 2023 31 May 2024 31 May 2024 14883125 Mr H R Sykes iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14883125 2023-05-19 14883125 2024-05-31 14883125 2023-05-20 2024-05-31 14883125 frs-core:CurrentFinancialInstruments 2024-05-31 14883125 frs-core:ComputerEquipment 2023-05-20 2024-05-31 14883125 frs-core:FurnitureFittings 2023-05-20 2024-05-31 14883125 frs-core:PlantMachinery 2024-05-31 14883125 frs-core:PlantMachinery 2023-05-20 2024-05-31 14883125 frs-core:PlantMachinery 2023-05-19 14883125 frs-core:ShareCapital 2024-05-31 14883125 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 14883125 frs-bus:PrivateLimitedCompanyLtd 2023-05-20 2024-05-31 14883125 frs-bus:FilletedAccounts 2023-05-20 2024-05-31 14883125 frs-bus:SmallEntities 2023-05-20 2024-05-31 14883125 frs-bus:AuditExempt-NoAccountantsReport 2023-05-20 2024-05-31 14883125 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-20 2024-05-31 14883125 frs-bus:OrdinaryShareClass1 2023-05-20 2024-05-31 14883125 frs-bus:OrdinaryShareClass1 2024-05-31 14883125 frs-bus:Director1 2023-05-20 2024-05-31 14883125 frs-countries:EnglandWales 2023-05-20 2024-05-31
Registered number: 14883125
Sykes Media Limited
Unaudited Financial Statements
For the Period 20 May 2023 to 31 May 2024
Deans
Gibson House Hurricane Court
Hurricane Close
Stafford
ST16 1GZ
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 14883125
31 May 2024
Notes £ £
FIXED ASSETS
Tangible Assets 4 10,974
10,974
CURRENT ASSETS
Debtors 5 7,466
Cash at bank and in hand 9,807
17,273
Creditors: Amounts Falling Due Within One Year 6 (10,866 )
NET CURRENT ASSETS (LIABILITIES) 6,407
TOTAL ASSETS LESS CURRENT LIABILITIES 17,381
PROVISIONS FOR LIABILITIES
Deferred Taxation (2,085 )
NET ASSETS 15,296
CAPITAL AND RESERVES
Called up share capital 7 100
Profit and Loss Account 15,196
SHAREHOLDERS' FUNDS 15,296
Page 1
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For the period ending 31 May 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 Profit and Loss Account.
On behalf of the board
Mr H R Sykes
Director
13 August 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
Sykes Media Limited is a private company, limited by shares, registered in England & Wales.  The company's registered number and registered office address can be found on the Company Information page.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of section 1a "Small Entities" and the Companies Act 2006.  The financial statements have been prepared under the historical cost convention.
The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.
The significant accounting policies applied in the preparation of these financial statements are set out below.  These policies have been consistently applied to all years presented unless otherwise stated.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of VAT and trade discounts.  The policies adopted for the recognition of turnover are as follows:
Rendering of services
When the outcome of a transaction can be estimated reliably, turnover from photography, videography and related services is recognised by reference to the stage of completion at the balance sheet date.  Stage of completion is measured by reference to the date the services are provided.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less accumulated depreciation.  Cost includes costs directly attributable to making the asset capable of operating as intended.  Depreciation is provided at the following rates in order to write off each asset over its estimated useful life.
Fixtures & Fittings 20% Reducing balance
Computer Equipment 20% Reducing balance
2.4. Taxation
Taxation for the year comprises current and deferred tax.  Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.  
Current or deferred taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements.  Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
2.5. Debtors and creditors receivable / payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price.  Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 1
1
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4. Tangible Assets
Plant & Machinery etc.
£
Cost
As at 20 May 2023 -
Additions 13,718
As at 31 May 2024 13,718
Depreciation
As at 20 May 2023 -
Provided during the period 2,744
As at 31 May 2024 2,744
Net Book Value
As at 31 May 2024 10,974
As at 20 May 2023 -
5. Debtors
31 May 2024
£
Due within one year
Trade debtors 908
Prepayments and accrued income 5,970
Other debtors 588
7,466
6. Creditors: Amounts Falling Due Within One Year
31 May 2024
£
Corporation tax 2,476
VAT 558
Accruals and deferred income 1,600
Director's loan account 6,232
10,866
7. Share Capital
31 May 2024
Allotted, called up and fully paid £
100 Ordinary Shares of £ 1.00 each 100
Shares issued during the period: £
100 Ordinary Shares of £ 1.00 each 100
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