Acorah Software Products - Accounts Production 16.5.460 false true 31 March 2024 1 April 2023 false 3 November 2025 1 April 2024 31 March 2025 31 March 2025 03751216 Nicholas Millington Martin Hitchin Grant Black iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 03751216 2024-03-31 03751216 2025-03-31 03751216 2024-04-01 2025-03-31 03751216 frs-core:CurrentFinancialInstruments 2025-03-31 03751216 frs-core:Non-currentFinancialInstruments 2025-03-31 03751216 frs-core:ShareCapital 2025-03-31 03751216 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 03751216 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 03751216 frs-bus:SmallEntities 2024-04-01 2025-03-31 03751216 frs-bus:Audited 2024-04-01 2025-03-31 03751216 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 03751216 frs-bus:Director1 2024-04-01 2025-03-31 03751216 frs-bus:Director2 2024-04-01 2025-03-31 03751216 frs-bus:Director3 2024-04-01 2025-03-31 03751216 frs-core:CurrentFinancialInstruments 9 2025-03-31 03751216 frs-countries:EnglandWales 2024-04-01 2025-03-31 03751216 2023-03-31 03751216 2024-03-31 03751216 2023-04-01 2024-03-31 03751216 frs-core:CurrentFinancialInstruments 2024-03-31 03751216 frs-core:Non-currentFinancialInstruments 2024-03-31 03751216 frs-core:ShareCapital 2024-03-31 03751216 frs-core:CurrentFinancialInstruments 9 2024-03-31
Registered number: 03751216
Rural Studios Ltd
Financial Statements
For The Year Ended 31 March 2025
Godfrey Wilson Limited
Fifth Floor Mariner House
62 Prince Street
Bristol
BS1 4QD
Rural Studios Ltd
Contents
Contents

| Page
--- | ---
Balance Sheet | 1
Notes to the Financial Statements | 2—4

Page 1
Rural Studios Ltd
Balance Sheet
As At 31 March 2025
Balance Sheet
Registered number: 03751216

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
CURRENT ASSETS
Debtors | 4 | 27,122 |  | 107,414 |
Cash at bank and in hand |  | 157,870 |  | 95,126 |
|  | 184,992 |  | 202,540 |
Creditors: Amounts Falling Due Within One Year | 5 | (179,292 ) |  | (191,581 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 5,700 |  | 10,959
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 5,700 |  | 10,959
Creditors: Amounts Falling Due After More Than One Year | 6 |  | (5,698 ) |  | (10,957 )
NET ASSETS |  |  | 2 |  | 2
CAPITAL AND RESERVES
Called up share capital | 7 |  | 2 |  | 2
SHAREHOLDERS' FUNDS |  |  | 2 |  | 2

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

Martin Hitchin Director
30/10/2025

The notes on pages 2 to 4 form part of these financial statements.
Page 1
Page 2
Rural Studios Ltd
Notes to the Financial Statements
For The Year Ended 31 March 2025
Notes to the Financial Statements
1. General Information
Rural Studios Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 03751216 . The registered office is Packers House, 25 West Street, Hereford, HR4 0BX.
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.
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. Taxation
The company has an obligation to pay all taxable profits to its parent charity under gift aid.
Where payment of the company's taxable profits to the parent charity falls after the reporting date, the income tax effects of that gift aid payment are still recognised at the reporting date. The income tax effects are measured consistently with the tax treatment planned to be used in the company’s income tax filings, and a deferred tax liability is not recognised in relation to such a gift aid payment.
2.4. Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad or doubtful debts except where the effect of discounting would be immaterial. In such cases, the receivables are stated at cost less impairment losses for bad or doubtful debts.
2.5. Trade and other creditors
Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method unless the effect of discounting would be immaterial, in which case they are stated at cost.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2024: NIL)
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Page 2
Page 3
Rural Studios Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2025
4. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 264 |  | 93,548
Prepayments and accrued income | 26,858 |  | 13,866
| 27,122 |  | 107,414

5. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 20,811 |  | 25,934
Bank loans and overdrafts | 5,259 |  | 5,259
VAT | 21,890 |  | 27,063
Deferred income | 6,300 |  | 7,750
Accruals | 4,300 |  | 3,750
Amounts owed to parent undertaking | 120,732 |  | 121,825
| 179,292 |  | 191,581

6. Creditors: Amounts Falling Due After More Than One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Bank loans | 5,698 |  | 10,957

Loans comprise a 6 year unsecured bounce back loan received from Barclays, to help mitigate the effects of Covid-19 on the organisation. Interest is payable at a rate of 2.5%. Capital repayments commenced in April 2022.
7. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 2 |  | 2

8. Related Party Transactions
Controlling party
The company is a wholly owned subsidiary of Rural Media Charity, a charitable company limited by guarantee (company no. 02732325, charity no. 1041335). Rural Media Charity made charges for contributions to production costs, wages and salaries of £49,535 (2024: £52,897) to Rural Studios. At 31 March 2025, Rural Studios owed Rural Media Charity £120,732 (2023: £117,544).
9. FRC's Ethical Standard - Provision Available for Small Entities
In common with other businesses of our size and nature we use our auditors to prepare and submit returns to the tax authorities and assist with the preparation of the financial statements.
10. Distributions
Page 3
Page 4
Rural Studios Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2025
Distributions made from the profit and loss account comprise donations made to the company's parent charity, Rural Media Charity. These totalled £16,746 (2024: £33,374) during the period.
11. Audit Information
The auditor's report on the accounts of Rural Studios Ltd for the year ended 31 March 2025 was unqualified.
The auditor's report was signed by William Guy Blake ACA (Senior Statutory Auditor) for and on behalf of Godfrey Wilson Limited , Statutory Auditor.
Page 4