Acorah Software Products - Accounts Production 15.0.600 false true 28 February 2023 1 March 2022 false 1 March 2023 29 February 2024 29 February 2024 07934740 Mr S Hinchliff Mr S Hinchcliff true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07934740 2023-02-28 07934740 2024-02-29 07934740 2023-03-01 2024-02-29 07934740 frs-core:ComputerEquipment 2023-03-01 2024-02-29 07934740 frs-core:FurnitureFittings 2023-03-01 2024-02-29 07934740 frs-core:MotorVehicles 2023-03-01 2024-02-29 07934740 frs-core:ShareCapital 2024-02-29 07934740 frs-core:RetainedEarningsAccumulatedLosses 2023-03-01 2024-02-29 07934740 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29 07934740 frs-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 07934740 frs-bus:AbridgedAccounts 2023-03-01 2024-02-29 07934740 frs-bus:SmallEntities 2023-03-01 2024-02-29 07934740 frs-bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-29 07934740 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-29 07934740 1 2023-03-01 2024-02-29 07934740 frs-bus:Director1 2023-03-01 2024-02-29 07934740 frs-countries:EnglandWales 2023-03-01 2024-02-29 07934740 2022-02-28 07934740 2023-02-28 07934740 2022-03-01 2023-02-28 07934740 frs-core:ShareCapital 2022-02-28 07934740 frs-core:ShareCapital 2023-02-28 07934740 frs-core:RetainedEarningsAccumulatedLosses 2022-03-01 2023-02-28 07934740 frs-core:RetainedEarningsAccumulatedLosses frs-core:PreviouslyStatedAmount 2022-02-28 07934740 frs-core:RetainedEarningsAccumulatedLosses 2023-02-28
Registered number: 07934740
Serosensa Limited
ABRIDGED Financial Statements
For The Year Ended 29 February 2024
Contents
Page
Abridged Balance Sheet 1—2
Statement of Changes in Equity 3
Notes to the Abridged Financial Statements 4—5
Page 1
Abridged Balance Sheet
Registered number: 07934740
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 39,243 4,875
39,243 4,875
CURRENT ASSETS
Debtors 17,137 15,503
Cash at bank and in hand 36,169 21,183
53,306 36,686
Creditors: Amounts Falling Due Within One Year (49,501 ) (9,698 )
NET CURRENT ASSETS (LIABILITIES) 3,805 26,988
TOTAL ASSETS LESS CURRENT LIABILITIES 43,048 31,863
PROVISIONS FOR LIABILITIES
Deferred Taxation 5 (7,456 ) (926 )
NET ASSETS 35,592 30,937
CAPITAL AND RESERVES
Called up share capital 6 100 100
Profit and Loss Account 35,492 30,837
SHAREHOLDERS' FUNDS 35,592 30,937
Page 1
Page 2
For the year ending 29 February 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.
All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 29 February 2024 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr S Hinchliff
Director
15 August 2024
The notes on pages 4 to 5 form part of these financial statements.
Page 2
Page 3
Statement of Changes in Equity
Share Capital Profit and Loss Account Total
£ £ £
As at 1 March 2022 100 36,609 36,709
Profit for the year and total comprehensive income - 5,228 5,228
Dividends paid - (11,000) (11,000)
As at 28 February 2023 and 1 March 2023 100 30,837 30,937
Profit for the year and total comprehensive income - 68,155 68,155
Dividends paid - (63,500) (63,500)
As at 29 February 2024 100 35,492 35,592
Page 3
Page 4
Notes to the Abridged Financial Statements
1. General Information
Serosensa Limited Registered number 07934740 is a limited by shares company incorporated in England & Wales. The Registered Office is 10 The Triangle, Ng2 Business Park, Nottingham, NG2 1AE.
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 comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
2.3. 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:
Motor Vehicles 25% Reducing balance
Fixtures & Fittings 20% Reducing balance
Computer Equipment 33% Reducing balance
2.4. Taxation
The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.
2.5. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was 1 (2023: 2)
1 2
4. Tangible Assets
Total
£
Cost
As at 1 March 2023 21,624
Additions 47,813
As at 29 February 2024 69,437
Depreciation
As at 1 March 2023 16,749
Provided during the period 13,445
As at 29 February 2024 30,194
Net Book Value
As at 29 February 2024 39,243
As at 1 March 2023 4,875
Page 4
Page 5
5. Deferred Taxation
The provision for deferred tax is made up as follows:
2024 2023
£ £
Other timing differences 7,456 926
6. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
7. Ultimate Controlling Party
The company's ultimate controlling party is Mr S Hinchcliff by virtue of his ownership of 100% of the issued share capital in the company.
Page 5