Acorah Software Products - Accounts Production 16.3.350 false true true 30 September 2023 1 October 2022 false 1 October 2023 30 September 2024 30 September 2024 05943772 Mr N Oakden Mr R P Kesari iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05943772 2023-09-30 05943772 2024-09-30 05943772 2023-10-01 2024-09-30 05943772 frs-core:CurrentFinancialInstruments 2024-09-30 05943772 frs-core:Non-currentFinancialInstruments 2024-09-30 05943772 frs-core:NetGoodwill 2024-09-30 05943772 frs-core:NetGoodwill 2023-10-01 2024-09-30 05943772 frs-core:NetGoodwill 2023-09-30 05943772 frs-core:PlantMachinery 2024-09-30 05943772 frs-core:PlantMachinery 2023-10-01 2024-09-30 05943772 frs-core:PlantMachinery 2023-09-30 05943772 frs-core:ShareCapital 2024-09-30 05943772 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 05943772 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 05943772 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 05943772 frs-bus:SmallEntities 2023-10-01 2024-09-30 05943772 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 05943772 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 05943772 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2023-09-30 05943772 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2024-09-30 05943772 frs-bus:Director1 2023-10-01 2024-09-30 05943772 frs-bus:CompanySecretary1 2023-10-01 2024-09-30 05943772 frs-countries:EnglandWales 2023-10-01 2024-09-30 05943772 2022-09-30 05943772 2023-09-30 05943772 2022-10-01 2023-09-30 05943772 frs-core:CurrentFinancialInstruments 2023-09-30 05943772 frs-core:Non-currentFinancialInstruments 2023-09-30 05943772 frs-core:ShareCapital 2023-09-30 05943772 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30 05943772 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2023-09-30 05943772 frs-core:CurrentFinancialInstruments 1 2023-09-30
Registered number: 05943772
Sutton Media Limited
Unaudited Financial Statements
For The Year Ended 30 September 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 05943772
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 6,979 11,819
Tangible Assets 5 512,334 522,746
519,313 534,565
CURRENT ASSETS
Debtors 6 111,051 102,187
Cash at bank and in hand 12,440 14,692
123,491 116,879
Creditors: Amounts Falling Due Within One Year 7 (281,749 ) (274,294 )
NET CURRENT ASSETS (LIABILITIES) (158,258 ) (157,415 )
TOTAL ASSETS LESS CURRENT LIABILITIES 361,055 377,150
Creditors: Amounts Falling Due After More Than One Year 8 (16,538 ) (28,150 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (89,428 ) (89,428 )
NET ASSETS 255,089 259,572
CAPITAL AND RESERVES
Called up share capital 9 1 1
Fair value reserve 10 381,244 381,244
Profit and Loss Account (126,156 ) (121,673 )
SHAREHOLDERS' FUNDS 255,089 259,572
Page 1
Page 2
For the year ending 30 September 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 N Oakden
Director
30th 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
Sutton Media Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05943772 . The registered office is Park House 15 Nottingham Road, Kimberley, Nottingham, NG16 2NB.
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. Going Concern Disclosure
The directors have identified material uncertainties related to events or conditions from Covid 19 that may cast significant doubt about the company's ability to continue as a going concern, however, the going concern basis remains appropriate as the directors will continue to support the company.
2.3. 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.
2.4. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 20 years.
2.5. 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 10, 20 & 33.3% straight line
3. Average Number of Employees
Average number of employees, including directors, during the year was: 5 (2023: 7)
5 7
4. Intangible Assets
Goodwill
£
Cost
As at 1 October 2023 96,789
As at 30 September 2024 96,789
Amortisation
As at 1 October 2023 84,970
Provided during the period 4,840
As at 30 September 2024 89,810
...CONTINUED
Page 3
Page 4
Net Book Value
As at 30 September 2024 6,979
As at 1 October 2023 11,819
5. Tangible Assets
Plant & Machinery
£
Cost
As at 1 October 2023 728,638
As at 30 September 2024 728,638
Depreciation
As at 1 October 2023 205,892
Provided during the period 10,412
As at 30 September 2024 216,304
Net Book Value
As at 30 September 2024 512,334
As at 1 October 2023 522,746
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 52,490 37,769
Prepayments and accrued income 34,441 43,288
Other debtors 23,718 20,728
Corporation tax recoverable assets 402 402
111,051 102,187
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 6,378 11,052
Bank loans and overdrafts 48,197 42,776
Other taxes and social security 1,484 8,380
VAT 8,497 -
Other creditors 159,591 194,046
Pension control account - 590
Accruals and deferred income 2,100 2,000
Director's loan account 49,919 6,593
Amounts owed to other participating interests 5,583 8,857
281,749 274,294
Page 4
Page 5
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 16,538 28,150
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
10. Reserves
Fair Value Reserve
£
As at 1 October 2023 381,244
As at 30 September 2024 381,244
Page 5