Acorah Software Products - Accounts Production 16.4.675 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 06173536 Mr Benjamin Davies Mr Robert Stone iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06173536 2024-03-31 06173536 2025-03-31 06173536 2024-04-01 2025-03-31 06173536 frs-core:CurrentFinancialInstruments 2025-03-31 06173536 frs-core:FurnitureFittings 2025-03-31 06173536 frs-core:FurnitureFittings 2024-04-01 2025-03-31 06173536 frs-core:FurnitureFittings 2024-03-31 06173536 frs-core:NetGoodwill 2025-03-31 06173536 frs-core:NetGoodwill 2024-04-01 2025-03-31 06173536 frs-core:NetGoodwill 2024-03-31 06173536 frs-core:PlantMachinery 2025-03-31 06173536 frs-core:PlantMachinery 2024-04-01 2025-03-31 06173536 frs-core:PlantMachinery 2024-03-31 06173536 frs-core:SharePremium 2025-03-31 06173536 frs-core:ShareCapital 2025-03-31 06173536 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 06173536 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 06173536 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 06173536 frs-bus:SmallEntities 2024-04-01 2025-03-31 06173536 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 06173536 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 06173536 frs-bus:Director1 2024-04-01 2025-03-31 06173536 frs-bus:Director2 2024-04-01 2025-03-31 06173536 1 2024-04-01 2025-03-31 06173536 frs-countries:EnglandWales 2024-04-01 2025-03-31 06173536 2023-03-31 06173536 2024-03-31 06173536 2023-04-01 2024-03-31 06173536 frs-core:CurrentFinancialInstruments 2024-03-31 06173536 frs-core:SharePremium 2024-03-31 06173536 frs-core:ShareCapital 2024-03-31 06173536 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 06173536 1 2023-04-01 2024-03-31
Registered number: 06173536
TWK Media Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 06173536
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 1,000 1,500
Tangible Assets 5 21,271 27,527
22,271 29,027
CURRENT ASSETS
Debtors 6 3,317,836 3,236,237
Cash at bank and in hand 488,328 424,842
3,806,164 3,661,079
Creditors: Amounts Falling Due Within One Year 7 (380,811 ) (274,332 )
NET CURRENT ASSETS (LIABILITIES) 3,425,353 3,386,747
TOTAL ASSETS LESS CURRENT LIABILITIES 3,447,624 3,415,774
PROVISIONS FOR LIABILITIES
Deferred Taxation (4,000 ) (5,000 )
NET ASSETS 3,443,624 3,410,774
CAPITAL AND RESERVES
Called up share capital 450 448
Share premium account 32,599 32,599
Profit and Loss Account 3,410,575 3,377,727
SHAREHOLDERS' FUNDS 3,443,624 3,410,774
Page 1
Page 2
For the year ending 31 March 2025 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 Benjamin Davies
Director
9 September 2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
TWK Media Limited is a private company, limited by shares, incorporated in England & Wales, the registered number is 06173536 . The registered office is 3 Waterhouse Square, 138 Holborn, London, England, EC1N 2SW.
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. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill arising in connection with the acquisition of businesses is capitalised and amortised over its estimated economic life to a maximum of 20 years. Goodwill is reviewed annually for impairment if events or changes in circumstances indicate that the carrying value may not be recoverable.
2.4. 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 25% reducing balance
Fixtures and fittings 25% reducing balance
2.5. Financial Instruments
Debtors and creditors which are due within one year are recorded at transaction price, less any impairment. 
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.
...CONTINUED
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2.7. Taxation - continued
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.
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.
3. Average Number of Employees
2025 2024
Average number of employees, including directors, during the year 24 23
24 23
4. Intangible Assets
Goodwill
£
Cost
As at 1 April 2024 10,000
As at 31 March 2025 10,000
Amortisation
As at 1 April 2024 8,500
Provided during the period 500
As at 31 March 2025 9,000
Net Book Value
As at 31 March 2025 1,000
As at 1 April 2024 1,500
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5. Tangible Assets
Plant and machinery Fixtures and fittings Total
£ £ £
Cost
As at 1 April 2024 114,469 52,949 167,418
Additions 5,581 - 5,581
Disposals (67,607 ) (50,922 ) (118,529 )
As at 31 March 2025 52,443 2,027 54,470
Depreciation
As at 1 April 2024 89,123 50,768 139,891
Provided during the period 8,171 435 8,606
Disposals (65,376 ) (49,922 ) (115,298 )
As at 31 March 2025 31,918 1,281 33,199
Net Book Value
As at 31 March 2025 20,525 746 21,271
As at 1 April 2024 25,346 2,181 27,527
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 345,095 364,491
Amounts owed by participating interests 2,950,833 2,850,833
Other debtors 21,908 20,913
3,317,836 3,236,237
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 4,731 5,210
Other creditors 87,692 20,185
Taxation and social security 288,388 248,937
380,811 274,332
8. Related Party Transactions
The total amount owed from an associated company at the year end is £2,950,833 (2024: £2,850,833)
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