Acorah Software Products - Accounts Production 15.0.400 false true 31 October 2022 1 November 2021 false 1 November 2022 31 October 2023 31 October 2023 08726948 Mr Ibrahima Soumano iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08726948 2022-10-31 08726948 2023-10-31 08726948 2022-11-01 2023-10-31 08726948 frs-core:CurrentFinancialInstruments 2023-10-31 08726948 frs-core:Non-currentFinancialInstruments 2023-10-31 08726948 frs-core:ComputerEquipment 2023-10-31 08726948 frs-core:ComputerEquipment 2022-11-01 2023-10-31 08726948 frs-core:ComputerEquipment 2022-10-31 08726948 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-10-31 08726948 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2022-11-01 2023-10-31 08726948 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2022-10-31 08726948 frs-core:PlantMachinery 2023-10-31 08726948 frs-core:PlantMachinery 2022-11-01 2023-10-31 08726948 frs-core:PlantMachinery 2022-10-31 08726948 frs-core:SharePremium 2023-10-31 08726948 frs-core:ShareCapital 2023-10-31 08726948 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31 08726948 frs-bus:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 08726948 frs-bus:FilletedAccounts 2022-11-01 2023-10-31 08726948 frs-bus:SmallEntities 2022-11-01 2023-10-31 08726948 frs-bus:AuditExempt-NoAccountantsReport 2022-11-01 2023-10-31 08726948 frs-bus:SmallCompaniesRegimeForAccounts 2022-11-01 2023-10-31 08726948 frs-bus:Director1 2022-11-01 2023-10-31 08726948 frs-core:CurrentFinancialInstruments 1 2023-10-31 08726948 frs-core:Non-currentFinancialInstruments 1 2023-10-31 08726948 frs-core:CurrentFinancialInstruments 2 2023-10-31 08726948 frs-core:Non-currentFinancialInstruments 2 2023-10-31 08726948 frs-core:Non-currentFinancialInstruments 3 2023-10-31 08726948 frs-core:CurrentFinancialInstruments 4 2023-10-31 08726948 frs-core:CurrentFinancialInstruments 5 2023-10-31 08726948 frs-core:CurrentFinancialInstruments 6 2023-10-31 08726948 frs-core:CurrentFinancialInstruments 7 2023-10-31 08726948 frs-core:CurrentFinancialInstruments 8 2023-10-31 08726948 frs-core:CurrentFinancialInstruments 9 2023-10-31 08726948 frs-countries:EnglandWales 2022-11-01 2023-10-31 08726948 2021-10-31 08726948 2022-10-31 08726948 2021-11-01 2022-10-31 08726948 frs-core:CurrentFinancialInstruments 2022-10-31 08726948 frs-core:Non-currentFinancialInstruments 2022-10-31 08726948 frs-core:SharePremium 2022-10-31 08726948 frs-core:ShareCapital 2022-10-31 08726948 frs-core:RetainedEarningsAccumulatedLosses 2022-10-31 08726948 frs-core:CurrentFinancialInstruments 1 2022-10-31 08726948 frs-core:Non-currentFinancialInstruments 1 2022-10-31 08726948 frs-core:CurrentFinancialInstruments 2 2022-10-31 08726948 frs-core:Non-currentFinancialInstruments 2 2022-10-31 08726948 frs-core:Non-currentFinancialInstruments 3 2022-10-31 08726948 frs-core:CurrentFinancialInstruments 4 2022-10-31 08726948 frs-core:CurrentFinancialInstruments 5 2022-10-31 08726948 frs-core:CurrentFinancialInstruments 6 2022-10-31 08726948 frs-core:CurrentFinancialInstruments 7 2022-10-31 08726948 frs-core:CurrentFinancialInstruments 8 2022-10-31 08726948 frs-core:CurrentFinancialInstruments 9 2022-10-31
Registered number: 08726948
Senditoo Ltd
Unaudited Financial Statements
For The Year Ended 31 October 2023
Balance Sheet
Registered number: 08726948
2023 2022
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 5,608 6,415
Tangible Assets 5 1,288 3,184
6,896 9,599
CURRENT ASSETS
Stocks 6 - 2,508
Debtors 7 18,887 304,924
Cash at bank and in hand 39,348 231,050
58,235 538,482
Creditors: Amounts Falling Due Within One Year 8 (668,707 ) (738,085 )
NET CURRENT ASSETS (LIABILITIES) (610,472 ) (199,603 )
TOTAL ASSETS LESS CURRENT LIABILITIES (603,576 ) (190,004 )
Creditors: Amounts Falling Due After More Than One Year 9 (207,320 ) (117,071 )
NET LIABILITIES (810,896 ) (307,075 )
CAPITAL AND RESERVES
Called up share capital 10 133 133
Share premium account 1,321,347 1,321,347
Profit and Loss Account (2,132,376 ) (1,628,555 )
SHAREHOLDERS' FUNDS (810,896) (307,075)
Page 0
Page 1
For the year ending 31 October 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 Ibrahima Soumano
Director
26/07/2024
The notes on pages 2 to 4 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Senditoo Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08726948 . The registered office is 71 - 75 Shelton Street, London, Covent Garden, WC2H 9JQ.
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. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are .... It is amortised to profit and loss account over its estimated economic life of .... years.
2.4. Research and Development
In the research phase of an internal project it is not possible to demonstrate that the project will generate future economic benefits and hence all expenditure on research is recognised as an expense when it is incurred. Intangible assets are recognised from the development phase of a project if and only if certain specific criteria are met in order to demonstrate the asset will generate probable future economic benefits and that its cost can be reliably measured. The capitalised development costs are subsequently amortised to ... on a straight line basis over their expected useful economic lives, which range from ... to ... years.
If it is not possible to distinguish between the research phase and the development phase of an internal project the expenditure is treated as if it were all incurred in the research phase only.
2.5. 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 33.33% SL
Computer Equipment 33.33% SL
2.6. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.7. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2022: 2)
2 2
Page 2
Page 3
4. Intangible Assets
Development Costs
£
Cost
As at 1 November 2022 8,028
As at 31 October 2023 8,028
Amortisation
As at 1 November 2022 1,613
Provided during the period 807
As at 31 October 2023 2,420
Net Book Value
As at 31 October 2023 5,608
As at 1 November 2022 6,415
5. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 1 November 2022 4,576 5,441 10,017
As at 31 October 2023 4,576 5,441 10,017
Depreciation
As at 1 November 2022 2,815 4,018 6,833
Provided during the period 919 977 1,896
As at 31 October 2023 3,734 4,995 8,729
Net Book Value
As at 31 October 2023 842 446 1,288
As at 1 November 2022 1,761 1,423 3,184
6. Stocks
2023 2022
£ £
Finished goods - 2,508
Page 3
Page 4
7. Debtors
2023 2022
£ £
Due within one year
Trade debtors 3,547 5,598
Other debtors 610 1,374
Other debtors (1) 4,312 4,247
Other debtors (2) 434 434
Other debtors (4) (8 ) (24,869 )
Other debtors (5) 9,992 317,140
Other debtors (6) - 1,000
18,887 304,924
8. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 364,066 403,551
Bank loans and overdrafts 2,445 2,358
Other taxes and social security 55,283 49,203
Net wages 346 346
Other creditors (2) - 10,392
Other creditors (4) (12,351 ) (12,354 )
Other creditors (5) (1,626 ) (1,669 )
Other creditors (6) (760 ) (1,842 )
Other creditors (7) 22,497 22,500
Other creditors (8) 2,000 32,000
Other creditors (9) 235,495 232,288
Director's loan account 1,312 1,312
668,707 738,085
9. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Other creditors 84,605 84,605
Other creditors (1) 25,154 35,802
Other creditors (2) 100,896 -
Other creditors (3) (3,335 ) (3,336 )
207,320 117,071
10. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 133 133
Page 4