Acorah Software Products - Accounts Production 18.1.170 false true 28 February 2025 1 March 2024 false 1 March 2025 28 February 2026 28 February 2026 11840770 Mr Philip Cooper Mr James Orme Ms Sophie McLeod iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11840770 2025-02-28 11840770 2026-02-28 11840770 2025-03-01 2026-02-28 11840770 frs-core:CurrentFinancialInstruments 2026-02-28 11840770 frs-core:Non-currentFinancialInstruments 2026-02-28 11840770 frs-core:BetweenOneFiveYears 2026-02-28 11840770 frs-core:PlantMachinery 2026-02-28 11840770 frs-core:PlantMachinery 2025-03-01 2026-02-28 11840770 frs-core:PlantMachinery 2025-02-28 11840770 frs-core:WithinOneYear 2026-02-28 11840770 frs-core:OtherReservesSubtotal 2026-02-28 11840770 frs-core:SharePremium 2026-02-28 11840770 frs-core:ShareCapital 2026-02-28 11840770 frs-core:RetainedEarningsAccumulatedLosses 2026-02-28 11840770 frs-bus:PrivateLimitedCompanyLtd 2025-03-01 2026-02-28 11840770 frs-bus:FilletedAccounts 2025-03-01 2026-02-28 11840770 frs-bus:SmallEntities 2025-03-01 2026-02-28 11840770 frs-bus:AuditExempt-NoAccountantsReport 2025-03-01 2026-02-28 11840770 frs-bus:SmallCompaniesRegimeForAccounts 2025-03-01 2026-02-28 11840770 frs-core:ListedExchangeTraded 2026-02-28 11840770 frs-core:ListedExchangeTraded 2025-02-28 11840770 frs-core:CostValuation frs-core:ListedExchangeTraded 2025-02-28 11840770 frs-core:AdditionsToInvestments frs-core:ListedExchangeTraded 2026-02-28 11840770 frs-core:DisposalsRepaymentsInvestments frs-core:ListedExchangeTraded 2026-02-28 11840770 frs-core:CostValuation frs-core:ListedExchangeTraded 2026-02-28 11840770 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2025-02-28 11840770 frs-core:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2026-02-28 11840770 frs-core:DisposalsDecreaseInProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2026-02-28 11840770 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2026-02-28 11840770 frs-bus:Director1 2025-03-01 2026-02-28 11840770 frs-bus:Director1 2025-02-28 11840770 frs-bus:Director1 2026-02-28 11840770 frs-bus:Director2 2025-03-01 2026-02-28 11840770 frs-bus:Director3 2025-03-01 2026-02-28 11840770 frs-countries:EnglandWales 2025-03-01 2026-02-28 11840770 2024-02-29 11840770 2025-02-28 11840770 2024-03-01 2025-02-28 11840770 frs-core:CurrentFinancialInstruments 2025-02-28 11840770 frs-core:Non-currentFinancialInstruments 2025-02-28 11840770 frs-core:BetweenOneFiveYears 2025-02-28 11840770 frs-core:WithinOneYear 2025-02-28 11840770 frs-core:OtherReservesSubtotal 2025-02-28 11840770 frs-core:SharePremium 2025-02-28 11840770 frs-core:ShareCapital 2025-02-28 11840770 frs-core:RetainedEarningsAccumulatedLosses 2025-02-28
Registered number: 11840770
Media Forty Two Ltd
Unaudited Financial Statements
For The Year Ended 28 February 2026
Media Forty Two Ltd
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—6

Page 1
Media Forty Two Ltd
Balance Sheet
As At 28 February 2026
Balance Sheet
Registered number: 11840770

| 2026 | 2025
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
CURRENT ASSETS
Debtors | 6 | 1,311,395 |  | 1,514,801 |
Cash at bank and in hand |  | 950,099 |  | 628,604 |
|  | 2,261,494 |  | 2,143,405 |
Creditors: Amounts Falling Due Within One Year | 7 | (1,698,537 ) |  | (1,778,195 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 562,957 |  | 365,210
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 562,957 |  | 365,210
Creditors: Amounts Falling Due After More Than One Year | 8 |  | (54,330 ) |  | (79,762 )
NET ASSETS |  |  | 508,627 |  | 285,448
CAPITAL AND RESERVES
Called up share capital | 9 |  | 12 |  | 11
Share premium account |  |  | 61 |  | 61
Other reserves |  |  | 45,401 |  | -
Profit and Loss Account |  |  | 463,153 |  | 285,376
SHAREHOLDERS' FUNDS |  |  | 508,627 |  | 285,448

Page 1
Page 2
Media Forty Two Ltd
Balance Sheet (continued)
As At 28 February 2026
For the year ending 28 February 2026 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 Philip Cooper Director
09/04/2026

The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Media Forty Two Ltd
Notes to the Financial Statements
For The Year Ended 28 February 2026
Notes to the Financial Statements
1. General Information
Media Forty Two Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11840770 . The registered office is 167-169 Great Portland Street, London, Greater London, W1W 5PF.
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 | 3 years straight line

2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.
2.5. 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 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 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.
...CONTINUED
Page 3
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Media Forty Two Ltd
Notes to the Financial Statements (continued)
For The Year Ended 28 February 2026
2.5. Taxation - continued
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 assets reflect 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 and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
2.6. 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.
2.7. Investments
Investments in equity shares which are publicly traded or where the fair value can be measured reliably are intially measured at fair value, with changes in fair value recognised in the profit and loss.
2.8. Share based payments
Equity-settled share-based payments are measured at fair value at the date of grant by reference to the fair value of the equity instruments granted using the binomial option pricing model. The fair value determined at the grant date is expensed on a straight line basis over the vesting period, based on the estimate of shares that will eventually vest. A corresponding adjustment is made to equity.
When the terms and conditions of equity-settled share-based payments at the time they were granted are subsequently modified, the fair value of the share-based payment under the original terms and conditions and under the modified terms and conditions are both determined at the date of the modification. Any ecess of the modified fair value over the original fair value is recognised over the remaining vesting period in addition to the grant date fair value of the original share-based payment. The share-based payment expense is not adjusted if the modified fair value is less than the priginal fair value.
Cancellations or settlements (including those resulting from employee redundancies) are treated as an acceleration of vesting and the amount that would have been recognised over the remaining vesting period is recognised immediatley.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 15 (2025: 10)
15 10
4. Tangible Assets

| Plant & Machinery
--- | ---
| £
Cost
As at 1 March 2025 | 10,438
As at 28 February 2026 | 10,438
Depreciation
As at 1 March 2025 | 10,438
As at 28 February 2026 | 10,438
Net Book Value
As at 28 February 2026 | -
As at 1 March 2025 | -

Page 4
Page 5
Media Forty Two Ltd
Notes to the Financial Statements (continued)
For The Year Ended 28 February 2026
5. Investments

| Listed
--- | ---
| £
Cost or Valuation
As at 1 March 2025 | -
Additions | 10,000
Disposals | (10,000 )
As at 28 February 2026 | -
Provision
As at 1 March 2025 | -
Added in period | (4,042 )
Disposals | 4,042
As at 28 February 2026 | -
Net Book Value
As at 28 February 2026 | -
As at 1 March 2025 | -

6. Debtors

| 2026 |  | 2025
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 735,686 |  | 1,337,543
Other debtors | 575,709 |  | 177,258
| 1,311,395 |  | 1,514,801

7. Creditors: Amounts Falling Due Within One Year

| 2026 |  | 2025
--- | --- | --- | ---
| £ |  | £
Trade creditors | 765,631 |  | 1,358,568
Bank loans and overdrafts | 21,172 |  | 16,542
Other creditors | 429,957 |  | 186,132
Taxation and social security | 481,777 |  | 216,953
| 1,698,537 |  | 1,778,195

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

| 2026 |  | 2025
--- | --- | --- | ---
| £ |  | £
Bank loans | 54,330 |  | 79,762

9. Share Capital

| 2026 |  | 2025
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 12 |  | 11

Page 5
Page 6
Media Forty Two Ltd
Notes to the Financial Statements (continued)
For The Year Ended 28 February 2026
10. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:

| 2026 |  | 2025
--- | --- | --- | ---
| £ |  | £
Not later than one year | 14,358 |  | -
Later than one year and not later than five years | 23,782 |  | -
| 38,140 |  | -

11. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:

| As at 1 March 2025 | Amounts advanced | Amounts repaid | Amounts written off | As at 28 February 2026
--- | --- | --- | --- | --- | ---
| £ | £ | £ | £ | £
Mr Philip Cooper | 20,333 | 84,575 | 84,789 | - | 20,119

Loans to directors are repayable on demand, and subject to interest at the prescribed HMRC beneficial loan interest rates.
Page 6