Acorah Software Products - Accounts Production 16.5.460 false true 31 December 2023 1 February 2023 false 1 January 2024 31 December 2024 31 December 2024 06421947 Scott Eaton Ann-Marie Eaton iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06421947 2023-12-31 06421947 2024-12-31 06421947 2024-01-01 2024-12-31 06421947 frs-core:CurrentFinancialInstruments 2024-12-31 06421947 frs-core:ComputerEquipment 2024-12-31 06421947 frs-core:ComputerEquipment 2024-01-01 2024-12-31 06421947 frs-core:ComputerEquipment 2023-12-31 06421947 frs-core:FurnitureFittings 2024-12-31 06421947 frs-core:FurnitureFittings 2024-01-01 2024-12-31 06421947 frs-core:FurnitureFittings 2023-12-31 06421947 frs-core:PlantMachinery 2024-12-31 06421947 frs-core:PlantMachinery 2024-01-01 2024-12-31 06421947 frs-core:PlantMachinery 2023-12-31 06421947 frs-core:ShareCapital 2024-12-31 06421947 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 06421947 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 06421947 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 06421947 frs-bus:SmallEntities 2024-01-01 2024-12-31 06421947 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 06421947 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 06421947 frs-core:ListedExchangeTraded 2024-12-31 06421947 frs-core:ListedExchangeTraded 2023-12-31 06421947 frs-core:CostValuation frs-core:ListedExchangeTraded 2023-12-31 06421947 frs-core:AdditionsToInvestments frs-core:ListedExchangeTraded 2024-12-31 06421947 frs-core:CostValuation frs-core:ListedExchangeTraded 2024-12-31 06421947 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2023-12-31 06421947 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2024-12-31 06421947 frs-bus:Director1 2024-01-01 2024-12-31 06421947 frs-bus:Director2 2024-01-01 2024-12-31 06421947 frs-core:CurrentFinancialInstruments 1 2024-12-31 06421947 frs-core:CurrentFinancialInstruments 9 2024-12-31 06421947 frs-countries:EnglandWales 2024-01-01 2024-12-31 06421947 2023-01-31 06421947 2023-12-31 06421947 2023-02-01 2023-12-31 06421947 frs-core:CurrentFinancialInstruments 2023-12-31 06421947 frs-core:ShareCapital 2023-12-31 06421947 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 06421947 frs-core:CurrentFinancialInstruments 1 2023-12-31 06421947 frs-core:CurrentFinancialInstruments 9 2023-12-31
Registered number: 06421947
Eaton Media Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
Godfrey Wilson Limited
Fifth Floor Mariner House
62 Prince Street
Bristol
BS1 4QD
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 06421947
31 December 2024 31 December 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 3,122 5,145
Investments 5 949,801 902,889
952,923 908,034
CURRENT ASSETS
Debtors 6 5,321 28,308
Cash at bank and in hand 51,985 42,030
57,306 70,338
Creditors: Amounts Falling Due Within One Year 7 (61,155 ) (57,317 )
NET CURRENT ASSETS (LIABILITIES) (3,849 ) 13,021
TOTAL ASSETS LESS CURRENT LIABILITIES 949,074 921,055
NET ASSETS 949,074 921,055
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 948,974 920,955
SHAREHOLDERS' FUNDS 949,074 921,055
Page 1
Page 2
For the year ending 31 December 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
Scott Eaton
Director
22/08/2025
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Eaton Media Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06421947 . The registered office is 59 Cannon Hill Lane, London, SW20 9JY.
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 discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot 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 & Machinery 33% straight line
Fixtures & Fittings 33% straight line
Computer Equipment 33% straight line
2.4. 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 year 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.
...CONTINUED
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2.4. Taxation - continued
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.
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 January 2024 2,888 295 69,153 72,336
Additions - - 2,143 2,143
Disposals - - (15,660 ) (15,660 )
As at 31 December 2024 2,888 295 55,636 58,819
Depreciation
As at 1 January 2024 1,845 188 65,158 67,191
Provided during the period 963 98 3,105 4,166
Disposals - - (15,660 ) (15,660 )
As at 31 December 2024 2,808 286 52,603 55,697
Net Book Value
As at 31 December 2024 80 9 3,033 3,122
As at 1 January 2024 1,043 107 3,995 5,145
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Page 5
5. Investments
Listed
£
Cost
As at 1 January 2024 902,889
Additions 46,912
As at 31 December 2024 949,801
Provision
As at 1 January 2024 -
As at 31 December 2024 -
Net Book Value
As at 31 December 2024 949,801
As at 1 January 2024 902,889
6. Debtors
31 December 2024 31 December 2023
£ £
Due within one year
Trade debtors 795 3,542
Prepayments and accrued income 1,564 -
PAYE 585 669
VAT 2,377 24,097
5,321 28,308
7. Creditors: Amounts Falling Due Within One Year
31 December 2024 31 December 2023
£ £
Trade creditors 9,583 2,347
Corporation tax 24,583 22,574
Credit Card 578 1,789
Deferred income 12,561 -
Accruals 3,850 3,200
Directors' loan accounts 10,000 27,407
61,155 57,317
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Page 6
8. Share Capital
31 December 2024 31 December 2023
£ £
Allotted, Called up and fully paid 100 100
Page 6