Acorah Software Products - Accounts Production 16.5.460 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 05481132 Mr Luke Broadhurst Mr Nicholas Miller Mr Douglas Wright Mr Douglas Wright iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05481132 2023-12-31 05481132 2024-12-31 05481132 2024-01-01 2024-12-31 05481132 frs-core:CurrentFinancialInstruments 2024-12-31 05481132 frs-core:Non-currentFinancialInstruments 2024-12-31 05481132 frs-core:ShareCapital 2024-12-31 05481132 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 05481132 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 05481132 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 05481132 frs-bus:SmallEntities 2024-01-01 2024-12-31 05481132 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 05481132 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 05481132 frs-bus:Director1 2024-01-01 2024-12-31 05481132 frs-bus:Director2 2024-01-01 2024-12-31 05481132 frs-bus:Director3 2024-01-01 2024-12-31 05481132 frs-bus:CompanySecretary1 2024-01-01 2024-12-31 05481132 frs-countries:EnglandWales 2024-01-01 2024-12-31 05481132 2022-12-31 05481132 2023-12-31 05481132 2023-01-01 2023-12-31 05481132 frs-core:CurrentFinancialInstruments 2023-12-31 05481132 frs-core:Non-currentFinancialInstruments 2023-12-31 05481132 frs-core:ShareCapital 2023-12-31 05481132 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 05481132
Shard Financial Media Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
Burns & Co (Accountants) Ltd
Contents
Page
Statement of Financial Position 1
Notes to the Financial Statements 2—3
Page 1
Statement of Financial Position
Registered number: 05481132
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 1,806,019 1,554,274
Cash at bank and in hand 397,936 501,006
2,203,955 2,055,280
Creditors: Amounts Falling Due Within One Year 5 (1,370,923 ) (1,030,465 )
NET CURRENT ASSETS (LIABILITIES) 833,032 1,024,815
TOTAL ASSETS LESS CURRENT LIABILITIES 833,032 1,024,815
Creditors: Amounts Falling Due After More Than One Year 6 (191,667 ) (291,667 )
NET ASSETS 641,365 733,148
CAPITAL AND RESERVES
Called up share capital 7 100 100
Income Statement 641,265 733,048
SHAREHOLDERS' FUNDS 641,365 733,148
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 Income Statement.
On behalf of the board
Mr Douglas Wright
Director
24/09/2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Shard Financial Media Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05481132 . The registered office is 1-2 Paris Garden, London, SE1 8ND.
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
Revenue is recognised to the extent that it is probable economic benefits will flow to the company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. 
Revenue from a contract to provide services is recognised in the period in which the services are provided. 
2.3. 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.
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: 18 (2023: 27)
18 27
4. Debtors
2024 2023
£ £
Due within one year
Trade debtors 662,098 310,084
Prepayments and accrued income 89,718 110,927
Other debtors - 9,150
Amounts owed by group undertakings 1,054,203 1,124,113
1,806,019 1,554,274
Page 2
Page 3
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 28,368 181,267
Corporation tax 54,241 6,558
Other taxes and social security 21,064 32,445
VAT 84,718 8,252
Other creditors 3,256 2,681
Accruals and deferred income 1,179,276 799,262
1,370,923 1,030,465
Included in other creditors are outstanding pension contributions of £3,256 (2023: £2,681). 
On 19 January 2018 a fixed and floating charge was registered over the assets of the company entitled to National Westminster Bank PLC.
6. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Coronavirus Business Interruption Loan 191,667 291,667
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
8. Dividends
2024 2023
£ £
On equity shares:
Final dividend paid 240,000 240,000
Page 3