4D Interactive Limited Filleted accounts for Companies House (small and micro)
4D Interactive Limited Filleted accounts for Companies House (small and micro)
COMPANY REGISTRATION NUMBER:
02676756
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Statement of Financial Position |
2021 |
2020 |
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Note |
£ |
£ |
Fixed assets
Tangible assets |
5 |
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Investments |
6 |
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Current assets
Debtors |
7 |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year |
8 |
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Net current assets |
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Total assets less current liabilities |
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Provisions |
– |
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Net assets |
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Capital and reserves
Called up share capital |
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Share premium account |
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Profit and loss account |
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Shareholders funds |
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In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
Directors' responsibilities:
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The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
;
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
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Statement of Financial Position (continued) |
These financial statements were approved by the
board of directors
and authorised for issue on
13 August 2021
, and are signed on behalf of the board by:
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Director |
Company registration number:
02676756
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Notes to the Financial Statements |
Year ended 31 January 2021
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is PO BOX 2814, 44 Bensham Grove, Thornton Heath, CR7 9FA, England.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Judgements and key sources of estimation uncertainty
Revenue recognition
Income tax
Foreign currencies
Tangible assets
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Plant and machinery |
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20% - 33% Straight line
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Investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.
Provisions
Financial instruments
Defined contribution plans
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
24
(2020:
24
).
5.
Tangible assets
Plant and machinery |
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£ |
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Cost |
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At 1 February 2020 |
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Additions |
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At 31 January 2021 |
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Depreciation |
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At 1 February 2020 |
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Charge for the year |
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At 31 January 2021 |
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Carrying amount |
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At 31 January 2021 |
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At 31 January 2020 |
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6.
Investments
Shares in group undertakings |
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£ |
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Cost |
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At 1 February 2020 and 31 January 2021 |
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Impairment |
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At 1 February 2020 and 31 January 2021 |
– |
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Carrying amount |
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At 31 January 2021 |
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At 31 January 2020 |
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The subsidiary companies, all of which are registered in England, are as follows:
Name
%
Class of shares
Psychic Switchboard Limited
100%
Ordinary
Psychic Live Services Limited
100%
Ordinary
Candywall Limited
100%
Ordinary
Excel Telemedia Limited
100%
Ordinary
7.
Debtors
2021 |
2020 |
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£ |
£ |
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Trade debtors |
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Amounts owed by group undertakings and undertakings in which the company has a participating interest |
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Other debtors |
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8.
Creditors:
amounts falling due within one year
2021 |
2020 |
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£ |
£ |
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Trade creditors |
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Amounts owed to group undertakings and undertakings in which the company has a participating interest |
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Corporation tax |
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Social security and other taxes |
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Other creditors |
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9.
Contingencies
The company is a member of a group registration for value added tax purposes and, accordingly is jointly and severally liable for any such tax due by the representative member.
10.
Related party transactions
The company is a wholly owned subsidiary of Intermediactive Acquisitions Limited. The ultimate parent company is Intermediactive Holdings Limited. During the year the company provided services to the value of £2,123,410 (2020: £2,155,794) to Psychic Switchboard Limited and purchased services to the value of £597,033 (2020: £724,315) from Candywall Limited and £1,051,842 (2020: £1,137,842) from Psychic Switchboard Limited. The companies are all fellow group companies, and wholly owned subsidiaries of Intermediactive Holdings Limited. During the year the company received dividends from its wholly owned subsidiaries Candywall Limited of £580,000, Psychic Switchboard Limited of £240,000 and Psychic Live Services Limited of £40,000. The company paid dividends of £2,310,000 to Intermediactive Acquisitions Limited. The company received loans during the year from other group companies. The amount payable to other group companies at the year end was £2,829,324 (2020: £636,672) made up as follows:
2021 | 2020 | ||
£ | £ | ||
Candywall Limited | 519,324 | 267,232 | |
Psychic Live Services Limited | – | 38,555 | |
Psychic Switchboard Limited | – | 239,134 | |
Excel Telemedia Limited | – | 91,751 | |
Intermediactive Acquisitions Limited | 2,310,000 | – | |
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2,829,324 | 636,672 | ||
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The company also provided loans to group companies during the year. The amount receivable at the year end was £3,068,101 (2020:£580,369).
2021 | 2020 | ||
£ | £ | ||
Intermediactive Holdings Limited | 2,695,369 | 580,369 | |
Excel Telemedia Limited | 9,427 | – | |
Psychic Switchboard Limited | 355,787 | – | |
Psychic Live Services Limited | 7,518 | – | |
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3,068,101 | 580,369 | ||
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All loans are interest free and payable on demand. There are no other related party transactions.
11.
Controlling party
The parent undertaking, Intermediactive Acquisitions Limited ("IMA") is a company registered in England and Wales. IMA is a wholly owned subsidiary of Intermediactive Holdings Limited ("IMH"). IMH is the ultimate controlling party.