Acorah Software Products - Accounts Production 14.5.601 false true 31 August 2022 1 September 2021 false 1 September 2022 31 August 2023 31 August 2023 13557526 Mr Ian Shaw iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13557526 2022-08-31 13557526 2023-08-31 13557526 2022-09-01 2023-08-31 13557526 frs-core:CurrentFinancialInstruments 2023-08-31 13557526 frs-core:Non-currentFinancialInstruments 2023-08-31 13557526 frs-core:ComputerEquipment 2023-08-31 13557526 frs-core:ComputerEquipment 2022-09-01 2023-08-31 13557526 frs-core:ComputerEquipment 2022-08-31 13557526 frs-core:PlantMachinery 2023-08-31 13557526 frs-core:PlantMachinery 2022-09-01 2023-08-31 13557526 frs-core:PlantMachinery 2022-08-31 13557526 frs-core:ShareCapital 2023-08-31 13557526 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31 13557526 frs-bus:PrivateLimitedCompanyLtd 2022-09-01 2023-08-31 13557526 frs-bus:FilletedAccounts 2022-09-01 2023-08-31 13557526 frs-bus:SmallEntities 2022-09-01 2023-08-31 13557526 frs-bus:AuditExempt-NoAccountantsReport 2022-09-01 2023-08-31 13557526 frs-bus:SmallCompaniesRegimeForAccounts 2022-09-01 2023-08-31 13557526 frs-bus:Director1 2022-09-01 2023-08-31 13557526 frs-countries:EnglandWales 2022-09-01 2023-08-31 13557526 2021-08-31 13557526 2022-08-31 13557526 2021-09-01 2022-08-31 13557526 frs-core:CurrentFinancialInstruments 2022-08-31 13557526 frs-core:Non-currentFinancialInstruments 2022-08-31 13557526 frs-core:ShareCapital 2022-08-31 13557526 frs-core:RetainedEarningsAccumulatedLosses 2022-08-31
Registered number: 13557526
SwimSkool Limited
Unaudited Financial Statements
For The Year Ended 31 August 2023
Enterprise Accountants Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 13557526
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 18,014 6,717
18,014 6,717
CURRENT ASSETS
Debtors 5 13,489 16,550
Cash at bank and in hand 9,862 1,739
23,351 18,289
Creditors: Amounts Falling Due Within One Year 6 (4,184 ) (4,098 )
NET CURRENT ASSETS (LIABILITIES) 19,167 14,191
TOTAL ASSETS LESS CURRENT LIABILITIES 37,181 20,908
Creditors: Amounts Falling Due After More Than One Year 7 (35,488 ) (22,735 )
NET ASSETS/(LIABILITIES) 1,693 (1,827 )
CAPITAL AND RESERVES
Called up share capital 8 100 -
Profit and Loss Account 1,593 (1,827 )
SHAREHOLDERS' FUNDS 1,693 (1,827)
Page 1
Page 2
For the year ending 31 August 2023 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 Ian Shaw
Director
19/04/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
SwimSkool Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13557526 . The registered office is 20 Wylam, Bracknell, Berkshire, RG12 8XS.
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 20% Reducing Balance
Computer Equipment 20% Reducing Balance
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2022: 1)
2 1
4. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 1 September 2022 8,396 - 8,396
Additions 15,461 340 15,801
As at 31 August 2023 23,857 340 24,197
Depreciation
As at 1 September 2022 1,679 - 1,679
Provided during the period 4,436 68 4,504
As at 31 August 2023 6,115 68 6,183
Net Book Value
As at 31 August 2023 17,742 272 18,014
As at 1 September 2022 6,717 - 6,717
Page 3
Page 4
5. Debtors
2023 2022
£ £
Due within one year
Trade debtors 3,240 3,030
Other debtors 10,249 13,520
13,489 16,550
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 1,205 2,521
Other creditors 1,000 1,478
Taxation and social security 1,979 99
4,184 4,098
7. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Other loans 35,488 22,735
8. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 -
Page 4