Acorah Software Products - Accounts Production 15.0.600 false true 31 October 2023 1 November 2022 false 1 November 2023 31 May 2024 31 May 2024 08726948 Mr Ibrahima Soumano iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08726948 2023-10-31 08726948 2024-05-31 08726948 2023-11-01 2024-05-31 08726948 frs-core:CurrentFinancialInstruments 2024-05-31 08726948 frs-core:Non-currentFinancialInstruments 2024-05-31 08726948 frs-core:ComputerEquipment 2024-05-31 08726948 frs-core:ComputerEquipment 2023-11-01 2024-05-31 08726948 frs-core:ComputerEquipment 2023-10-31 08726948 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-05-31 08726948 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-11-01 2024-05-31 08726948 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-10-31 08726948 frs-core:PlantMachinery 2024-05-31 08726948 frs-core:PlantMachinery 2023-11-01 2024-05-31 08726948 frs-core:PlantMachinery 2023-10-31 08726948 frs-core:SharePremium 2024-05-31 08726948 frs-core:ShareCapital 2024-05-31 08726948 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 08726948 frs-bus:PrivateLimitedCompanyLtd 2023-11-01 2024-05-31 08726948 frs-bus:FilletedAccounts 2023-11-01 2024-05-31 08726948 frs-bus:SmallEntities 2023-11-01 2024-05-31 08726948 frs-bus:AuditExempt-NoAccountantsReport 2023-11-01 2024-05-31 08726948 frs-bus:SmallCompaniesRegimeForAccounts 2023-11-01 2024-05-31 08726948 frs-bus:Director1 2023-11-01 2024-05-31 08726948 frs-core:CurrentFinancialInstruments 1 2024-05-31 08726948 frs-core:Non-currentFinancialInstruments 1 2024-05-31 08726948 frs-core:CurrentFinancialInstruments 2 2024-05-31 08726948 frs-core:Non-currentFinancialInstruments 2 2024-05-31 08726948 frs-core:Non-currentFinancialInstruments 3 2024-05-31 08726948 frs-core:CurrentFinancialInstruments 4 2024-05-31 08726948 frs-core:CurrentFinancialInstruments 5 2024-05-31 08726948 frs-core:CurrentFinancialInstruments 6 2024-05-31 08726948 frs-core:CurrentFinancialInstruments 7 2024-05-31 08726948 frs-core:CurrentFinancialInstruments 9 2024-05-31 08726948 frs-countries:EnglandWales 2023-11-01 2024-05-31 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:SharePremium 2023-10-31 08726948 frs-core:ShareCapital 2023-10-31 08726948 frs-core:RetainedEarningsAccumulatedLosses 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
Registered number: 08726948
Senditoo Ltd
Unaudited Financial Statements
For the Period 1 November 2023 to 31 May 2024
Balance Sheet
Registered number: 08726948
31 May 2024 31 October 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 4,801 5,608
Tangible Assets 5 - 1,288
4,801 6,896
CURRENT ASSETS
Stocks 6 3,425 -
Debtors 7 4,852 18,887
Cash at bank and in hand 39,598 39,348
47,875 58,235
Creditors: Amounts Falling Due Within One Year 8 (401,740 ) (668,707 )
NET CURRENT ASSETS (LIABILITIES) (353,865 ) (610,472 )
TOTAL ASSETS LESS CURRENT LIABILITIES (349,064 ) (603,576 )
Creditors: Amounts Falling Due After More Than One Year 9 (105,513 ) (207,320 )
NET LIABILITIES (454,577 ) (810,896 )
CAPITAL AND RESERVES
Called up share capital 10 663 133
Share premium account 2,120,396 1,321,347
Profit and Loss Account (2,575,636 ) (2,132,376 )
SHAREHOLDERS' FUNDS (454,577) (810,896)
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For the period ending 31 May 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.
On behalf of the board
Mr Ibrahima Soumano
Director
01/08/2024
The notes on pages 2 to 4 form part of these financial statements.
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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. 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.
2.4. 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:
Plant & Machinery 33.33% SL
Computer Equipment 33.33% SL
2.5. 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.
2.6. 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 period was: 1 (2023: 2)
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4. Intangible Assets
Development Costs
£
Cost
As at 1 November 2023 8,028
As at 31 May 2024 8,028
Amortisation
As at 1 November 2023 2,420
Provided during the period 807
As at 31 May 2024 3,227
Net Book Value
As at 31 May 2024 4,801
As at 1 November 2023 5,608
5. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 1 November 2023 4,576 5,441 10,017
As at 31 May 2024 4,576 5,441 10,017
Depreciation
As at 1 November 2023 3,734 4,995 8,729
Provided during the period 842 446 1,288
As at 31 May 2024 4,576 5,441 10,017
Net Book Value
As at 31 May 2024 - - -
As at 1 November 2023 842 446 1,288
6. Stocks
31 May 2024 31 October 2023
£ £
Finished goods 3,425 -
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7. Debtors
31 May 2024 31 October 2023
£ £
Due within one year
Trade debtors - 3,547
Other debtors 72 610
Other debtors (1) 4,312 4,312
Other debtors (2) 414 434
Other debtors (4) (8 ) (8 )
Other debtors (5) 62 9,992
4,852 18,887
8. Creditors: Amounts Falling Due Within One Year
31 May 2024 31 October 2023
£ £
Trade creditors 94,421 364,066
Bank loans and overdrafts 1,945 2,445
Other taxes and social security 49,540 55,283
Net wages 346 346
Other creditors (4) - (12,351 )
Other creditors (5) (1,626 ) (1,626 )
Other creditors (6) (360 ) (760 )
Other creditors (7) 21,451 22,497
Other creditors (8) - 2,000
Other creditors (9) 224,557 235,495
Director's loan account 11,466 1,312
401,740 668,707
9. Creditors: Amounts Falling Due After More Than One Year
31 May 2024 31 October 2023
£ £
Other creditors 84,605 84,605
Other creditors (1) 24,088 25,154
Other creditors (2) - 100,896
Other creditors (3) (3,180 ) (3,335 )
105,513 207,320
10. Share Capital
31 May 2024 31 October 2023
£ £
Allotted, Called up and fully paid 663 133
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