Acorah Software Products - Accounts Production 15.0.500 false true true 29 August 2022 1 September 2021 false 30 August 2022 29 August 2023 29 August 2023 SC483986 Mrs Jacqueline Drever iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC483986 2022-08-29 SC483986 2023-08-29 SC483986 2022-08-30 2023-08-29 SC483986 frs-core:CurrentFinancialInstruments 2023-08-29 SC483986 frs-core:Non-currentFinancialInstruments 2023-08-29 SC483986 frs-core:BetweenOneFiveYears 2023-08-29 SC483986 frs-core:MotorVehicles 2023-08-29 SC483986 frs-core:MotorVehicles 2022-08-30 2023-08-29 SC483986 frs-core:MotorVehicles 2022-08-29 SC483986 frs-core:WithinOneYear 2023-08-29 SC483986 frs-core:ShareCapital 2023-08-29 SC483986 frs-core:RetainedEarningsAccumulatedLosses 2023-08-29 SC483986 frs-bus:PrivateLimitedCompanyLtd 2022-08-30 2023-08-29 SC483986 frs-bus:FilletedAccounts 2022-08-30 2023-08-29 SC483986 frs-bus:SmallEntities 2022-08-30 2023-08-29 SC483986 frs-bus:AuditExempt-NoAccountantsReport 2022-08-30 2023-08-29 SC483986 frs-bus:SmallCompaniesRegimeForAccounts 2022-08-30 2023-08-29 SC483986 frs-bus:Director1 2022-08-30 2023-08-29 SC483986 frs-core:CurrentFinancialInstruments 2 2023-08-29 SC483986 frs-countries:Scotland 2022-08-30 2023-08-29 SC483986 2021-08-31 SC483986 2022-08-29 SC483986 2021-09-01 2022-08-29 SC483986 frs-core:CurrentFinancialInstruments 2022-08-29 SC483986 frs-core:Non-currentFinancialInstruments 2022-08-29 SC483986 frs-core:BetweenOneFiveYears 2022-08-29 SC483986 frs-core:MoreThanFiveYears 2022-08-29 SC483986 frs-core:WithinOneYear 2022-08-29 SC483986 frs-core:ShareCapital 2022-08-29 SC483986 frs-core:RetainedEarningsAccumulatedLosses 2022-08-29 SC483986 frs-core:CurrentFinancialInstruments 2 2022-08-29
Registered number: SC483986
The Kreative Designer Limited
Unaudited Financial Statements
For The Year Ended 29 August 2023
Sutherland Black
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: SC483986
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 5,598 8,397
5,598 8,397
CURRENT ASSETS
Debtors 5 126,681 93,927
Cash at bank and in hand 8,597 22,281
135,278 116,208
Creditors: Amounts Falling Due Within One Year 6 (185,469 ) (188,393 )
NET CURRENT ASSETS (LIABILITIES) (50,191 ) (72,185 )
TOTAL ASSETS LESS CURRENT LIABILITIES (44,593 ) (63,788 )
Creditors: Amounts Falling Due After More Than One Year 7 (50,718 ) (46,668 )
NET LIABILITIES (95,311 ) (110,456 )
CAPITAL AND RESERVES
Called up share capital 9 1 1
Profit and Loss Account (95,312 ) (110,457 )
SHAREHOLDERS' FUNDS (95,311) (110,456)
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For the year ending 29 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 her 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
Mrs Jacqueline Drever
Director
24/07/2024
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
The Kreative Designer Limited is a private company, limited by shares, incorporated in Scotland, registered number SC483986 . The registered office is 17 Netherfield Road, Polmont, Falkirk, Central, FK2 0UW.
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. Going Concern Disclosure
The director monitors the cash flow position of the business continually. He has assessed the needs of the business and its probable receipts over the next 12 months. The business relies on the continued support of the director. This support is not expected to be withdrawn and for these reasons the accounts have been prepared using the going concern basis.
2.3. 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.
2.4. 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:
Motor Vehicles 25% on cost
2.5. 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.
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3. Average Number of Employees
Average number of employees, including directors, during the year was:
2023 2022
Office and administration 6 6
6 6
4. Tangible Assets
Motor Vehicles
£
Cost
As at 30 August 2022 30,612
As at 29 August 2023 30,612
Depreciation
As at 30 August 2022 22,215
Provided during the period 2,799
As at 29 August 2023 25,014
Net Book Value
As at 29 August 2023 5,598
As at 30 August 2022 8,397
5. Debtors
2023 2022
£ £
Due within one year
Trade debtors 74,968 68,232
Other taxes and social security 51,713 25,695
126,681 93,927
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Net obligations under finance lease and hire purchase contracts 2,505 -
Trade creditors 51,285 44,247
Bank loans and overdrafts 4,500 4,500
VAT 92,419 118,215
Other creditors 10,475 5,351
...CONTINUED
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Pension 166 144
Accruals and deferred income 7,299 1,348
Director's loan account 16,820 14,588
185,469 188,393
7. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Net obligations under finance lease and hire purchase contracts 5,009 11,828
Liberis loan 13,281 -
Bounce back loan > 1 year 32,428 34,840
50,718 46,668
8. Obligations Under Finance Leases and Hire Purchase
2023 2022
£ £
The future minimum finance lease payments are as follows:
Not later than one year 2,505 -
Later than one year and not later than five years 5,009 4,314
Later than five years - 7,514
7,514 11,828
7,514 11,828
9. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 1 1
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