Acorah Software Products - Accounts Production 14.5.601 false true 31 July 2022 1 August 2021 false 1 August 2022 31 July 2023 31 July 2023 02923577 Mr BRIAN ARMSTRONG Mr JASON ARMSTRONG Mrs LORNA ARMSTRONG iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 02923577 2022-07-31 02923577 2023-07-31 02923577 2022-08-01 2023-07-31 02923577 frs-core:CurrentFinancialInstruments 2023-07-31 02923577 frs-core:Non-currentFinancialInstruments 2023-07-31 02923577 frs-core:BetweenOneFiveYears 2023-07-31 02923577 frs-core:FurnitureFittings 2023-07-31 02923577 frs-core:FurnitureFittings 2022-08-01 2023-07-31 02923577 frs-core:FurnitureFittings 2022-07-31 02923577 frs-core:MotorVehicles 2023-07-31 02923577 frs-core:MotorVehicles 2022-08-01 2023-07-31 02923577 frs-core:MotorVehicles 2022-07-31 02923577 frs-core:PlantMachinery 2023-07-31 02923577 frs-core:PlantMachinery 2022-08-01 2023-07-31 02923577 frs-core:PlantMachinery 2022-07-31 02923577 frs-core:WithinOneYear 2023-07-31 02923577 frs-core:ShareCapital 2023-07-31 02923577 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31 02923577 frs-bus:PrivateLimitedCompanyLtd 2022-08-01 2023-07-31 02923577 frs-bus:FilletedAccounts 2022-08-01 2023-07-31 02923577 frs-bus:SmallEntities 2022-08-01 2023-07-31 02923577 frs-bus:AuditExempt-NoAccountantsReport 2022-08-01 2023-07-31 02923577 frs-bus:SmallCompaniesRegimeForAccounts 2022-08-01 2023-07-31 02923577 frs-bus:Director1 2022-08-01 2023-07-31 02923577 frs-bus:Director2 2022-08-01 2023-07-31 02923577 frs-bus:CompanySecretary1 2022-08-01 2023-07-31 02923577 frs-core:CurrentFinancialInstruments 1 2023-07-31 02923577 frs-core:CurrentFinancialInstruments 6 2023-07-31 02923577 frs-countries:EnglandWales 2022-08-01 2023-07-31 02923577 2021-07-31 02923577 2022-07-31 02923577 2021-08-01 2022-07-31 02923577 frs-core:CurrentFinancialInstruments 2022-07-31 02923577 frs-core:Non-currentFinancialInstruments 2022-07-31 02923577 frs-core:BetweenOneFiveYears 2022-07-31 02923577 frs-core:WithinOneYear 2022-07-31 02923577 frs-core:ShareCapital 2022-07-31 02923577 frs-core:RetainedEarningsAccumulatedLosses 2022-07-31 02923577 frs-core:CurrentFinancialInstruments 1 2022-07-31 02923577 frs-core:CurrentFinancialInstruments 6 2022-07-31
Registered number: 02923577
SUREPIN (SOUTHERN) LIMITED
Unaudited Financial Statements
For The Year Ended 31 July 2023
Proaccounts UK
Unit M228, 89 Bickersteth Road
Tooting
LONDON
SW17 9SH
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 02923577
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 3 69,473 58,247
69,473 58,247
CURRENT ASSETS
Debtors 4 42,416 67,814
Cash at bank and in hand 100,572 33,449
142,988 101,263
Creditors: Amounts Falling Due Within One Year 5 (104,545 ) (114,852 )
NET CURRENT ASSETS (LIABILITIES) 38,443 (13,589 )
TOTAL ASSETS LESS CURRENT LIABILITIES 107,916 44,658
Creditors: Amounts Falling Due After More Than One Year 6 (27,776 ) (50,185 )
NET ASSETS/(LIABILITIES) 80,140 (5,527 )
CAPITAL AND RESERVES
Called up share capital 8 250 250
Profit and Loss Account 79,890 (5,777 )
SHAREHOLDERS' FUNDS 80,140 (5,527)
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For the year ending 31 July 2023 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 JASON ARMSTRONG
Director
17/01/2023
The notes on pages 3 to 5 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. Accounting Policies
1.1. 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.
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 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 25% reducing balance
Motor Vehicles 25% reducing baance
Fixtures & Fittings 25% reducing balance
1.4. 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 profit and loss account as incurred.
2. Average Number of Employees
Average number of employees, including directors, during the year was as follows: 3 (2022: 3)
3 3
3. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 August 2022 34,528 98,083 11,270 143,881
Additions - 36,885 - 36,885
Disposals - (22,120 ) - (22,120 )
As at 31 July 2023 34,528 112,848 11,270 158,646
Depreciation
As at 1 August 2022 34,467 40,284 10,883 85,634
Provided during the period 15 18,548 97 18,660
Disposals - (15,121 ) - (15,121 )
As at 31 July 2023 34,482 43,711 10,980 89,173
...CONTINUED
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Net Book Value
As at 31 July 2023 46 69,137 290 69,473
As at 1 August 2022 61 57,799 387 58,247
4. Debtors
2023 2022
£ £
Due within one year
Trade debtors 25,773 51,171
Prepayments and accrued income 16,172 16,172
Other debtors 471 471
42,416 67,814
5. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Net obligations under finance lease and hire purchase contracts 15,221 24,221
Trade creditors 23,257 14,676
Bank loans and overdrafts 15,173 26,105
Other taxes and social security 19,590 13,051
VAT 30,640 30,171
Other creditors (4,397 ) -
Other creditors - credit cards & expenses 1,272 2,855
Other creditors - pension control account 112 96
Accruals and deferred income 3,677 3,677
104,545 114,852
6. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Net obligations under finance lease and hire purchase contracts 2,246 2,246
Bank loans 25,530 47,939
27,776 50,185
7. Obligations Under Finance Leases and Hire Purchase
2023 2022
£ £
The maturity of these amounts is as follows:
Within one year 15,221 24,221
Between one and five years 2,246 2,246
17,467 26,467
17,467 26,467
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8. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 250 250
9. General Information
SUREPIN (SOUTHERN) LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 02923577 . The registered office is 97 Buckhurst Avenue, Carshalton, SM5 1NZ.
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