Acorah Software Products - Accounts Production 16.4.675 false true true 30 November 2023 1 December 2022 false 15 August 2025 true 1 December 2023 30 November 2024 30 November 2024 07447398 Mrs Alice Buttling-Smith Mrs Alice Buttling-Smith true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07447398 2023-11-30 07447398 2024-11-30 07447398 2023-12-01 2024-11-30 07447398 frs-core:CurrentFinancialInstruments 2024-11-30 07447398 frs-core:FurnitureFittings 2024-11-30 07447398 frs-core:FurnitureFittings 2023-12-01 2024-11-30 07447398 frs-core:FurnitureFittings 2023-11-30 07447398 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-11-30 07447398 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-12-01 2024-11-30 07447398 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-11-30 07447398 frs-core:ShareCapital 2024-11-30 07447398 frs-core:RetainedEarningsAccumulatedLosses 2023-12-01 2024-11-30 07447398 frs-core:RetainedEarningsAccumulatedLosses 2024-11-30 07447398 frs-bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 07447398 frs-bus:FullAccounts 2023-12-01 2024-11-30 07447398 frs-bus:MediumEntities 2023-12-01 2024-11-30 07447398 frs-bus:Audited 2023-12-01 2024-11-30 07447398 frs-bus:Medium-sizedCompaniesRegimeForAccounts 2023-12-01 2024-11-30 07447398 frs-bus:Medium-sizedCompaniesRegimeForDirectorsReport 2023-12-01 2024-11-30 07447398 frs-bus:OrdinaryShareClass1 2023-12-01 2024-11-30 07447398 frs-bus:OrdinaryShareClass1 2024-11-30 07447398 1 2023-12-01 2024-11-30 07447398 frs-core:DeferredTaxation 2023-12-01 2024-11-30 07447398 frs-core:DeferredTaxation 2023-11-30 07447398 frs-core:DeferredTaxation 2024-11-30 07447398 frs-core:CostValuation 2023-11-30 07447398 frs-core:CostValuation 2024-11-30 07447398 frs-core:ProvisionsForImpairmentInvestments 2023-11-30 07447398 frs-core:ProvisionsForImpairmentInvestments 2024-11-30 07447398 frs-bus:Director1 2023-12-01 2024-11-30 07447398 frs-bus:CompanySecretary1 2023-12-01 2024-11-30 07447398 1 2023-12-01 2024-11-30 07447398 frs-countries:EnglandWales 2023-12-01 2024-11-30 07447398 frs-countries:EnglandWales 2023-12-01 2024-11-30 07447398 2022-11-30 07447398 2023-11-30 07447398 2022-12-01 2023-11-30 07447398 frs-core:CurrentFinancialInstruments 2023-11-30 07447398 frs-core:ShareCapital 2022-11-30 07447398 frs-core:ShareCapital 2023-11-30 07447398 frs-core:RetainedEarningsAccumulatedLosses 2022-12-01 2023-11-30 07447398 frs-core:RetainedEarningsAccumulatedLosses frs-core:PreviouslyStatedAmount 2022-11-30 07447398 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30 07447398 frs-bus:OrdinaryShareClass1 2022-12-01 2023-11-30 07447398 1 2022-12-01 2023-11-30
Registered number: 07447398
Attinger Jack Limited
Strategic Report, Director's Report and
Financial Statements
For The Year Ended 30 November 2024
BJH Accountancy Ltd
Contents
Page
Strategic Report 1
Director's Report 2—3
Independent Auditor's Report 4—7
Profit and Loss Account 8
Statement of Comprehensive Income 9
Balance Sheet 10
Statement of Changes in Equity 11
Statement of Cash Flows 12
Notes to the Statement of Cash Flows 13
Notes to the Financial Statements 14—20
Page 1
Strategic Report
The director presents her strategic report for the year ended 30 November 2024.
Review of the Business
The results for the year remain strong. With revenue increasing by £1.7m (15%) and the gross profit margin remaining consistent with the previous year, overhead costs have increased in line with business growth; moving to a new premises and the take on of additional staff to fulfil additional revenue. Whilst interest rates have reduced on the previous year, the amount sat on deposit and savings has increased. The the pre-tax profit has increased since the last reporting year by £119k (11%).
The revenue increase of 15% (seen in the year ended November 2024) can be attributed to an increase in TV advertising across Attinger Jack's client base, this accounts for £1.3m of the overall revenue increase, the remaining £400k is attributed to press & digital income.
During the year ended 30 November 2024, a decision was made to relocate the office. The new premises is being leased from a SIPP, the benficiary of which is the ultimate controlling party of Attinger Jack
As a result of Attinger Jack's trading terms, with sales invoices settled before supplier invoices are settled the company cash balance remains high throughout the year with working capital levels remaining strong each month. At the year end (and each month end) customer and supplier balances are current with little to no aged balances. 
Development
Attinger Jack has been making efforts to utilise the internal team more by diversifying and offering the creative internal team as a separate service offered as 'Creative Cupboard'. This takes the work currently undertaken as part of the development of press insertions and TV campaigns at Attinger Jack and creates an offering to businesses who may need creative work but not necessarily specific to press insertions or TV adverts (such as flyers, logos, website images and design etc). 
Investment has been made in the internal TV team meaning more attention can be paid to this area of the business, which is proving to be an area of growth. Increasing the size of the team has enabled it to be able to fulfil the requirements of more clients and as such the company expects to be in a position to take on new clients and client work compared to previous years.
Principal Risks and Uncertainties
Key risks for the business are likely to be Economic risks and uncertainties. 
With inflation and interest rate rises impacting most businesses this has an impact on the availability of money and budgets within businesses to commit to advertising spends. 
As a direct response advertiser, largely to end customers, Attinger Jack could also be impacted as a result of the end customer having less disposable income as a result of these uncertainties. 
On behalf of the board
Mrs Alice Buttling-Smith
Director
12/08/2025
Page 1
Page 2
Director's Report
The director presents her report and the financial statements for the year ended 30 November 2024.
Principal Activity
The company's principal activity continues to be that of media advertising.
Dividends
The total distribution of dividends for the year ended 30 November 2024 was £1,000.
Directors
The director who held office during the year were as follows:
Mrs Alice Buttling-Smith
Financial Risk Management Objectives and Policies
The company's operations expose it to a variety of financial risks which include credit risk and foreign currency risk. The company itself is not exposed to interest rate risk (no borrowing) or liquidity risk (high cash reserves) at this time.
Credit risk is managed via the pre-approval of credit limits with customers. Customer credit limits are insured by an external party at Attinger Jack's expense. These limits are monitored and managed regularly and updated or removed where and when it is necessary to do so. Internal systems ensure adherence to the terms of the insurance. As such the credit risk is mitigated through the insurance of debts.
Foreign currency risk at Attinger Jack is very minor, with very little trade undertaken in currency that isn't GBP. Currently the only foreign currency held by Attinger Jack is in Euro's. Supplier payments in Euros are paid out of the Euro's held, which are paid after Euro paying customers have settled their invoices. As such there isn't an ongoing need to convert between currencies, which mitigates fluctuating currency changes.
Statement of Director's Responsibilities
The director is responsible for preparing the Strategic Report, the Director's Report and the financial statements in accordance with applicable law and regulations.
Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards, comprising FRS102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', and applicable law). Under company law the director must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing the financial statements the director is required to:
  • select suitable accounting policies and then apply them consistently;
  • make judgments and accounting estimates that are reasonable and prudent;
  • state whether applicable United Kingdom Accounting Standards, comprising FRS102, have been followed subject to any material departures disclosed and explained in the financial statements;
  • prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The director is responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. She is also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The director is responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
Statement of Disclosure of Information to Auditors
In the case of each director in office at the date the Director's Report is approved:
  • so far as the director is aware, there is no relevant audit information of which the company's auditors are unaware; and
  • they have taken all the steps that they ought to have taken as directors in order to make themselves aware of any relevant audit information and to establish that the company's auditors are aware of that information.
Page 2
Page 3
Independent Auditors
The auditors, Mander Duffill, have indicated their willingness to continue in office and a resolution concerning their re-appointment will be proposed at the Annual General Meeting.
On behalf of the board
Mrs Alice Buttling-Smith
Director
12/08/2025
Page 3
Page 4
Independent Auditor's Report
Opinion
We have audited the financial statements of Attinger Jack Limited for the year ended 30 November 2024 which comprise the Profit and Loss Account, Statement of Comprehensive Income, Balance Sheet, Statement of Changes of Equity, Cash Flow Statement and Notes to the Cash Flow Statement, Notes to the Financial Statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).
In our opinion the financial statements:
  • give a true and fair view of the state of the company's affairs as at 30 November 2024 and of its profit/(loss) for the year then ended;
  • have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
  • have been prepared in accordance with the requirements of the Companies Act 2006.
Basis for Opinion
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
Conclusions Relating to Going Concern
In auditing the financial statements, we have concluded that the director's use of the going concern basis of accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.
Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.
Other Information
The directors are responsible for the other information. The other information comprises the information in the Strategic Report and the Report of the Directors, but does not include the financial statements and our Report of the Auditors thereon.
Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.
In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.
Opinions on Other Matters Prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of the audit:
  • the information given in the Strategic Report and Director's Report for the financial year for which the financial statements are prepared is consistent with the financial statements; and
  • the Strategic Report and Director's Report have been prepared in accordance with applicable legal requirements.
Page 4
Page 5
Matters on Which We Are Required to Report by Exception
In the light of the knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in the Strategic Report or the Director's Report.
We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:
  • adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or
  • the financial statements are not in agreement with the accounting records or returns; or
  • certain disclosures of director's remuneration specified by law are not made; or
  • we have not received all the information and explanations we require for our audit.
Responsibilities of Directors
As explained more fully in the Director's Responsibilities Statement set out on page 2—3, the director is responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the director determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.
In preparing the financial statements, the director is responsible for assessing the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease operations, or have no realistic alternative but to do so.
Page 5
Page 6
Auditor's Responsibilities for the Audit of the Financial Statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.
The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:
In planning and designing our audit tests, we identify and assess the risks of material mis-statements, whether due to fraud or error. Our risk assessment procedures included:
- Enquiries of management about the entities policies and procedures on compliance with laws and regulations and whether they were aware of any instances of noncompliance together with the internal controls established to mitigate risks of fraud or non-compliance with laws and regulations.
- Enquiries of management about the entities policies and procedures on fraud risks, including any actual, suspected or alleged fraud.
- Considered the nature of the industry and sector, control environment and business performance including the key drivers for directors' remuneration, bonus levels and performance targets.
- Reading minutes of meetings of those charged with governance.
We communicated relevant identified laws and regulations and potential fraud risks to all engagement team members and remained alert to any indications of fraud or non-compliance with laws and regulations throughout the audit.
We obtained an understanding of the legal and regulatory frameworks that the entity operates in, through discussions with the director, and from our commercial knowledge and experience of the sector in which the company operates, to enable us to identify the key laws and regulations applicable to the company. We focused on specific laws and regulations which we considered may have a direct material effect on the financial statement or the operations of the company, including the Companies Act 2006, taxation legislation, data protection, anti-bribery, employment, environmental and health and safety legislation.
As a result of these procedures, we considered the opportunities and incentives that may exist within the organisation for fraud. In common with all audits under ISAs (UK), we are also required to perform specific procedures to respond to the risk of management override of controls including the following:
- Reviewing financial statement disclosures and testing to supporting documentation to assess compliance with applicable laws and regulations.
- Enquiry of management concerning actual and potential litigation and claims.
- Reviewing correspondence with HMRC, and the company's legal advisors.
- Addressing the risk of fraud through management override of controls, testing the appropriateness of journal entries and other adjustments, assessing whether judgements made in making accounting estimates are indicative of a potential bias, and evaluating the business rationale of any significant transactions that are unusual or outside the normal course of business.
Owing to the inherent limitations of an audit, there is an unavoidable risk that we may not have detected some material misstatements in the financial statements, even though we have properly planned and performed our audit in accordance with auditing standards. The more removed that laws and regulations are from financial transactions, the less likely it is that we would become aware of non-compliance.
In addition, as with any audit, there remained a higher risk of non-detection of fraud, as these may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal controls. Our audit procedures are designed to detect material misstatement. We are not responsible for preventing non-compliance or fraud and cannot be expected to detect non-compliance with all laws and regulations.
A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Auditors.
Use Of Our Report
This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in a Report of the Auditors and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed.
Page 6
Page 7
Andrew Davis FCA (Senior Statutory Auditor)
for and on behalf of Mander Duffill Chartered Accountants , Statutory Auditor
15/08/2025
Mander Duffill Chartered Accountants
The Old Post Office
41-43 Market Place
Chippenham
Wiltshire
SN15 3HR
Page 7
Page 8
Profit and Loss Account
2024 2023
Notes £ £
TURNOVER 13,049,812 11,338,524
Cost of sales (10,874,845 ) (9,425,752 )
GROSS PROFIT 2,174,967 1,912,772
Administrative expenses (1,101,272 ) (911,498 )
OPERATING PROFIT 3 1,073,695 1,001,274
Loss on disposal of fixed assets (5,811 ) -
Other interest receivable and similar income 8 143,617 91,226
Interest payable and similar charges 9 - (3 )
PROFIT BEFORE TAXATION 1,211,501 1,092,497
Tax on Profit 10 (287,800 ) (233,863 )
PROFIT AFTER TAXATION BEING PROFIT FOR THE FINANCIAL YEAR 923,701 858,634
The notes on pages 13 to 20 form part of these financial statements.
Page 8
Page 9
Statement of Comprehensive Income
2024 2023
£ £
PROFIT FOR THE FINANCIAL YEAR 923,701 858,634
OTHER COMPREHENSIVE INCOME FOR THE YEAR - -
TOTAL COMPREHENSIVE INCOME FOR THE YEAR 923,701 858,634
Page 9
Page 10
Balance Sheet
Registered number: 07447398
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 11 76,622 27,121
Investments 12 1 1
76,623 27,122
CURRENT ASSETS
Debtors 13 4,068,934 2,937,922
Cash at bank and in hand 3,671,551 3,347,933
7,740,485 6,285,855
Creditors: Amounts Falling Due Within One Year 14 (2,441,518 ) (1,872,463 )
NET CURRENT ASSETS (LIABILITIES) 5,298,967 4,413,392
TOTAL ASSETS LESS CURRENT LIABILITIES 5,375,590 4,440,514
PROVISIONS FOR LIABILITIES
Deferred Taxation 16 (19,155 ) (6,780 )
NET ASSETS 5,356,435 4,433,734
CAPITAL AND RESERVES
Called up share capital 18 400,000 400,000
Profit and Loss Account 4,956,435 4,033,734
SHAREHOLDERS' FUNDS 5,356,435 4,433,734
On behalf of the board
Mrs Alice Buttling-Smith
Director
12/08/2025
The notes on pages 13 to 20 form part of these financial statements.
Page 10
Page 11
Statement of Changes in Equity
Share Capital Profit and Loss Account Total
£ £ £
As at 1 December 2022 400,000 3,190,100 3,590,100
Profit for the year and total comprehensive income - 858,634 858,634
Dividends paid - (15,000) (15,000)
As at 30 November 2023 and 1 December 2023 400,000 4,033,734 4,433,734
Profit for the year and total comprehensive income - 923,701 923,701
Dividends paid - (1,000) (1,000)
As at 30 November 2024 400,000 4,956,435 5,356,435
Page 11
Page 12
Statement of Cash Flows
2024 2023
Notes £ £
Cash flows from operating activities
Net cash generated from operations 1 482,985 603,161
Interest paid - (3 )
Tax paid (237,631 ) (154,376 )
Net cash generated from operating activities 245,354 448,782
Cash flows from investing activities
Purchase of tangible assets (65,512 ) (750 )
Proceeds from disposal of tangible assets 292 -
Interest received 143,617 77,226
Net cash generated from investing activities 78,397 76,476
Cash flows from financing activities
Equity dividends paid (1,000 ) (15,000 )
Repayment of other loans - (179,999)
Amount introduced by directors 867 -
Amount withdrawn by directors - (95,026)
Net cash used in financing activities (133 ) (290,025 )
Increase in cash and cash equivalents 323,618 235,233
Cash and cash equivalents at beginning of year 2 3,347,933 3,112,700
Cash and cash equivalents at end of year 2 3,671,551 3,347,933
Page 12
Page 13
Notes to the Statement of Cash Flows
1. Reconciliation of profit for the financial year to cash generated from operations
2024 2023
£ £
Profit for the financial year 923,701 858,634
Adjustments for:
Tax on profit 287,800 233,863
Interest expense - 3
Interest income (143,617 ) (77,226 )
Income from investments 185,717 -
Depreciation of tangible assets 9,908 6,169
Loss on disposal of tangible assets 5,811 -
Movements in working capital:
Increase in trade and other debtors (1,316,729 ) (263,623 )
Increase/(decrease) in trade and other creditors 530,394 (154,659 )
Net cash generated from operations 482,985 603,161
2. Cash and cash equivalents
Cash and cash equivalents, as stated in the Statement of Cash Flows, relates to the following items in the Balance Sheet:
2024 2023
£ £
Cash at bank and in hand 3,671,551 3,347,933
3. Analysis of changes in net funds
As at 1 December 2023 Cash flows As at 30 November 2024
£ £ £
Cash at bank and in hand 3,347,933 323,618 3,671,551
Page 13
Page 14
Notes to the Financial Statements
1. General Information
Attinger Jack Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07447398 . The registered office is Level 6, The Old Malthouse , Clarence Street , Bath , BA1 5NS.
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 "The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the Companies Act 2006.
2.2. Exemption From Preparing Consolidated Financial Statements
The financial statements contain information about Attinger Jack Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 402 of the Companies act 2006 from the requirements to prepare consolidated financial statements as its subsidiary undertaking is a dormant company.
2.3. Going Concern Disclosure
The director has assessed whether the company is a going concern and has considered all available information about the future and is confident of the company's ability to continue as a going concern.
2.4. Significant judgements and estimations
In the application of the company's accounting policies, the director is required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future period where the revision affects both current and future
periods.
Critical Judgements
The following judgements (apart from those involving estimates) have had the most significant effect on amounts recognised in the financial statements.
Impairment of assets
The tangible fixed assets are periodically reviewed for impairment by the director based on their knowledge and judgements.
Key Sources of Estimation Uncertainty
The estimates and assumptions which have a significant risk of causing a material adjustment to the carrying amount of assets and liabilities are as follows;
Depreciation and amortisation
The director uses their knowledge of the business and the industry to estimate the useful life and residual value of tangible assets in order to arrive at applicable depreciation and amortisation rates. In accordance with section 17 of FRS 102, the director reviews and updates these estimates if there are indicators that current estimates should change.
It must be noted that there is inherent uncertainty within these estimates as factors such as unexpected wear and tear, technological advancement and changes in market prices may result in future changes to the appropriate rate of deprecation
2.5. Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts and
rebates.
Turnover represents gross media sales, excluding Value added Tax. Billings relating to advertising space
campaign planning are recognised by reference to the date on which the services are rendered
Page 14
Page 15
2.6. 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:
Leasehold 20% on cost
Fixtures & Fittings 15% on cost and 15% reducing balance
2.7. Investments
Investments in subsidiary undertakings are recognised at cost. 
2.8. Leasing and Hire Purchase Contracts
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.
2.9. Cash and Cash Equivalents
Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks, other short-term highly liquid investments that mature in no more than three months from the date of acquisition and are readily convertible to a known amount of cash with insignificant risk of change in value, and bank overdrafts.
2.10. Financial Instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Debt instruments are subsequently measured at amortised cost.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.
For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually forimpairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics
2.11. 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.
2.12. 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 and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
Page 15
Page 16
2.13. Employee Benefits
The costs of short-term employee benefits are recognised as a liability and an expense.
The cost of any unused holiday entitlement is recognised in the period in which the employee's services are
received.
2.14. 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.
3. Operating Profit
The operating profit is stated after charging:
2024 2023
£ £
Bad debts 16,350 -
Depreciation of tangible fixed assets 9,908 6,169
4. Auditor's Remuneration
Remuneration received by the company's auditors and their associates during the year was as follows:
2024 2023
£ £
Audit Services
Audit of the company's financial statements 4,000 4,000
5. Staff Costs
Staff costs, including directors' remuneration, were as follows:
2024 2023
£ £
Wages and salaries 586,580 535,404
Social security costs 63,859 58,461
Other pension costs 101,795 70,137
752,234 664,002
6. Average Number of Employees
Average number of employees, including directors, during the year was: 17 (2023: 15)
17 15
7. Director's remuneration
2024 2023
£ £
Emoluments 107,504 107,504
Company contributions to defined benefit pension schemes 89,509 60,110
197,013 167,614
The number of directors to whom retirement benefits were accruing was as follows:
2024 2023
Defined benefit pension schemes 1 1
Page 16
Page 17
8. Interest Receivable and Similar Income
2024 2023
£ £
Bank interest receivable 134,567 77,187
HMRC Interest Received - 1,084
Sundry Receipts - 12,955
SIPP Interest 9,050 -
143,617 91,226
9. Interest Payable and Similar Charges
2024 2023
£ £
Bank loans and overdrafts - 3
10. Tax on Profit
The tax charge on the profit for the year was as follows:
Tax Rate 2024 2023
2024 2023 £ £
Current tax
UK Corporation Tax 25.0% 23.0% 275,425 235,218
Deferred Tax
Deferred taxation 12,375 (1,355 )
Total tax charge for the period 287,800 233,863
The actual charge for the year can be reconciled to the expected charge for the year based on the profit and the standard rate of corporation tax as follows:
2024 2023
£ £
Profit before tax 1,211,501 1,092,497
Tax on profit at 25% (UK standard rate) 302,875 251,394
Goodwill/depreciation not allowed for tax 2,477 -
Expenses not deductible for tax purposes 331 377
Capital allowances (14,888 ) 1,230
Short term timing differences 12,375 (1,355 )
Research and Development tax credit (15,370 ) (17,783 )
Total tax charge for the period 287,800 233,863
Page 17
Page 18
11. Tangible Assets
Land & Property
Leasehold Fixtures & Fittings Total
£ £ £
Cost
As at 1 December 2023 - 98,111 98,111
Additions 51,467 14,044 65,511
Disposals - (69,343 ) (69,343 )
As at 30 November 2024 51,467 42,812 94,279
Depreciation
As at 1 December 2023 - 70,990 70,990
Provided during the period 3,431 6,476 9,907
Disposals - (63,240 ) (63,240 )
As at 30 November 2024 3,431 14,226 17,657
Net Book Value
As at 30 November 2024 48,036 28,586 76,622
As at 1 December 2023 - 27,121 27,121
12. Investments
Subsidiaries
£
Cost
As at 1 December 2023 1
As at 30 November 2024 1
Provision
As at 1 December 2023 -
As at 30 November 2024 -
Net Book Value
As at 30 November 2024 1
As at 1 December 2023 1
BRTV UK Ltd 
Registered office: 
Nature of business: Dormant 
Class of shareholding: Ordinary 100.00%
The above fixed asset investment is in regards to a 100%shareholding in BRTVUK Ltd of its Ordinary share capital, comprising full voting rights and full dividend rights.
BRTV UK Ltd is registered at Level 6 The Old Malthouse, Clarence, Bath, BA1 5NS
This company is dormant in the current and preceeding year. 
The company has been dissolved in the following year.
Page 18
Page 19
13. Debtors
2024 2023
£ £
Due within one year
Trade debtors 2,143,247 1,424,816
Amounts owed by group undertakings 1,679,999 1,499,999
Other debtors 245,688 13,107
4,068,934 2,937,922
14. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 1,459,949 1,011,835
Other creditors 203,915 391,273
Corporation tax 290,757 252,963
Taxation and social security 98,574 118,133
Accruals and deferred income 388,323 98,259
2,441,518 1,872,463
16. Deferred Taxation
The provision for deferred tax is made up as follows:
2024 2023
£ £
Other timing differences 19,155 6,780
17. Provisions for Liabilities
Deferred Tax Total
£ £
As at 1 December 2023 6,780 6,780
Additions 12,375 12,375
Balance at 30 November 2024 19,155 19,155
18. Share Capital
2024 2023
Allotted, called up but not fully paid £ £
400,000 Ordinary Shares of £ 1.00 each 400,000 400,000
19. Pension Commitments
The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund.
During the year the charge to profit or loss in respect of defined contribution schemes was £12,286 (2023: £10,027).
At the balance sheet date contributions of £2,589 were due to the fund and are included in creditors.
Page 19
Page 20
20. Dividends
2024 2023
£ £
On equity shares:
Final dividend paid 1,000 15,000
21. Related Party Disclosures
Included in debtors at the balance sheet date is a loan to Attinger Jack Holdings Limited, the parent company of £750,000 (2023- £750,000) and a loan to AJ Holdings Bath Ltd, the ultimate parent company of £930,000 (2023: £749,999).
During the year the company paid a dividend to the parent company Attinger Jack Holdings Limited totalling £1,000 (2023 - £15,000).
During the year, a total of key management personnel compensation of £197,014 (2023: £167,614) was paid .
During the year ended 30 November 2024, a decision was made to relocate the office. The new premises is being leased from a SIPP, the benficiary of which is the ultimate controlling party of Attinger Jack
Included in other debtors at the balance sheet date is a loan to the SIPP, the benficiary of which is the ultimate controlling party of Attinger Jack of £185,717 (2023: £Nil).
22. Controlling Parties
The company's immediate parent undertaking is AJ Holdings Bath Limited .
The company's ultimate controlling party is Mrs A Buttling-Smith by virtue of their interest in the share capital of the company.
23. Leasing Agreements
Minimum lease payments under non-cancellable operating leases fall due as follows: 
2024
2023
£
£
Within one year 
62,430
34,028
Between one and fives years
223,980
5,034
image
image
286,410
image
39,062
image
Page 20