Acorah Software Products - Accounts Production 15.0.600 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 03807040 Mr A Radford Mr Martin Griffin iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 03807040 2023-03-31 03807040 2024-03-31 03807040 2023-04-01 2024-03-31 03807040 frs-core:CurrentFinancialInstruments 2024-03-31 03807040 frs-core:FurnitureFittings 2024-03-31 03807040 frs-core:FurnitureFittings 2023-04-01 2024-03-31 03807040 frs-core:FurnitureFittings 2023-03-31 03807040 frs-core:ShareCapital 2024-03-31 03807040 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 03807040 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 03807040 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 03807040 frs-bus:SmallEntities 2023-04-01 2024-03-31 03807040 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 03807040 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 03807040 frs-bus:Director1 2023-04-01 2024-03-31 03807040 frs-bus:Director2 2023-04-01 2024-03-31 03807040 frs-countries:EnglandWales 2023-04-01 2024-03-31 03807040 2022-03-31 03807040 2023-03-31 03807040 2022-04-01 2023-03-31 03807040 frs-core:CurrentFinancialInstruments 2023-03-31 03807040 frs-core:ShareCapital 2023-03-31 03807040 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 03807040
Strategic Placements Limited
Financial Statements
For The Year Ended 31 March 2024
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—4
Page 1
Statement of Financial Position
Registered number: 03807040
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 3 1,099 1,249
1,099 1,249
CURRENT ASSETS
Debtors 4 110,706 103,736
Cash at bank and in hand 61,807 48,426
172,513 152,162
Creditors: Amounts Falling Due Within One Year 5 (134,326 ) (116,339 )
NET CURRENT ASSETS (LIABILITIES) 38,187 35,823
TOTAL ASSETS LESS CURRENT LIABILITIES 39,286 37,072
PROVISIONS FOR LIABILITIES
Deferred Taxation (169 ) (189 )
NET ASSETS 39,117 36,883
CAPITAL AND RESERVES
Called up share capital 6 3,000 3,000
Income Statement 36,117 33,883
SHAREHOLDERS' FUNDS 39,117 36,883
Page 1
Page 2
For the year ending 31 March 2024 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 Income Statement.
On behalf of the board
Mr A Radford
Director
Mr Martin Griffin
Director
22/08/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
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.

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:
Fixtures & Fittings 25% on reducing balance
1.4. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

2. Average Number of Employees
Average number of employees, including directors, during the year was: 5 (2023: 6)
5 6
3. Tangible Assets
Fixtures & Fittings
£
Cost
As at 1 April 2023 4,060
Additions 216
As at 31 March 2024 4,276
Depreciation
As at 1 April 2023 2,811
Provided during the period 366
As at 31 March 2024 3,177
Net Book Value
As at 31 March 2024 1,099
As at 1 April 2023 1,249
Page 3
Page 4
4. Debtors
2024 2023
£ £
Due within one year
Trade debtors 110,706 99,398
Other debtors - 4,338
110,706 103,736
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors - 3,480
Other creditors 100,826 85,623
Taxation and social security 33,500 27,236
134,326 116,339
Page 4