Acorah Software Products - Accounts Production 14.5.601 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 9731510 Mr Duncan Ryalls iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 9731510 2023-03-31 9731510 2024-03-31 9731510 2023-04-01 2024-03-31 9731510 frs-core:CurrentFinancialInstruments 2024-03-31 9731510 frs-core:Non-currentFinancialInstruments 2024-03-31 9731510 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-03-31 9731510 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-04-01 2024-03-31 9731510 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-03-31 9731510 frs-core:PlantMachinery 2024-03-31 9731510 frs-core:PlantMachinery 2023-04-01 2024-03-31 9731510 frs-core:PlantMachinery 2023-03-31 9731510 frs-core:ShareCapital 2024-03-31 9731510 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 9731510 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 9731510 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 9731510 frs-bus:SmallEntities 2023-04-01 2024-03-31 9731510 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 9731510 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 9731510 frs-bus:Director1 2023-04-01 2024-03-31 9731510 frs-countries:EnglandWales 2023-04-01 2024-03-31 9731510 2022-03-31 9731510 2023-03-31 9731510 2022-04-01 2023-03-31 9731510 frs-core:CurrentFinancialInstruments 2023-03-31 9731510 frs-core:Non-currentFinancialInstruments 2023-03-31 9731510 frs-core:ShareCapital 2023-03-31 9731510 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 9731510
NINE2FIVE LTD
Financial Statements
For The Year Ended 31 March 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 9731510
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 3 34,613 48,508
34,613 48,508
CURRENT ASSETS
Stocks 4 4,381 3,820
Debtors 5 891 678
Cash at bank and in hand 12,119 3,719
17,391 8,217
Creditors: Amounts Falling Due Within One Year 6 (67,694 ) (74,363 )
NET CURRENT ASSETS (LIABILITIES) (50,303 ) (66,146 )
TOTAL ASSETS LESS CURRENT LIABILITIES (15,690 ) (17,638 )
Creditors: Amounts Falling Due After More Than One Year 7 (17,538 ) (19,500 )
NET LIABILITIES (33,228 ) (37,138 )
CAPITAL AND RESERVES
Called up share capital 8 1 1
Profit and Loss Account (33,229 ) (37,139 )
SHAREHOLDERS' FUNDS (33,228) (37,138)
Page 1
Page 2
For the year ending 31 March 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 Duncan Ryalls
Director
16/04/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. Accounting Policies
1.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
1.2. 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.
1.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. 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:
Leasehold 10% on Cost
Plant & Machinery 15% on Cost
1.4. Stocks and Work in Progress
Stocks is valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks.
2. Average Number of Employees
Average number of employees, including directors, during the year was: 18 (2023: 18)
18 18
3. Tangible Assets
Land & Property
Leasehold Plant & Machinery Total
£ £ £
Cost
As at 1 April 2023 50,404 64,518 114,922
Additions - 817 817
As at 31 March 2024 50,404 65,335 115,739
Depreciation
As at 1 April 2023 28,980 37,434 66,414
Provided during the period 5,040 9,672 14,712
As at 31 March 2024 34,020 47,106 81,126
Net Book Value
As at 31 March 2024 16,384 18,229 34,613
As at 1 April 2023 21,424 27,084 48,508
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Page 4
4. Stocks
2024 2023
£ £
Stock 4,381 3,820
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 891 -
Other Debtors and Prepayments - 678
891 678
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 18,616 30,446
P A Y E 2,217 2,155
V A T 35,087 16,985
Other Creditors and Accruals 6,537 2,084
Director's loan account 1,865 13,693
Bounce Back Loan Current Element 3,372 9,000
67,694 74,363
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bounce Back Loan Long Term Element 17,538 19,500
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
Page 4