Acorah Software Products - Accounts Production 15.0.500 false true 31 August 2022 1 September 2021 false 1 September 2022 31 August 2023 31 August 2023 09731955 Mr Zhiqiang SHEN iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09731955 2022-08-31 09731955 2023-08-31 09731955 2022-09-01 2023-08-31 09731955 frs-core:Non-currentFinancialInstruments 2023-08-31 09731955 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2022-09-01 2023-08-31 09731955 frs-core:ShareCapital 2023-08-31 09731955 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31 09731955 frs-bus:PrivateLimitedCompanyLtd 2022-09-01 2023-08-31 09731955 frs-bus:AbridgedAccounts 2022-09-01 2023-08-31 09731955 frs-bus:SmallEntities 2022-09-01 2023-08-31 09731955 frs-bus:AuditExempt-NoAccountantsReport 2022-09-01 2023-08-31 09731955 frs-bus:SmallCompaniesRegimeForAccounts 2022-09-01 2023-08-31 09731955 frs-bus:Director1 2022-09-01 2023-08-31 09731955 frs-countries:EnglandWales 2022-09-01 2023-08-31 09731955 2021-08-31 09731955 2022-08-31 09731955 2021-09-01 2022-08-31 09731955 frs-core:Non-currentFinancialInstruments 2022-08-31 09731955 frs-core:ShareCapital 2022-08-31 09731955 frs-core:RetainedEarningsAccumulatedLosses 2022-08-31
Registered number: 09731955
SPOON BASILDON LTD
ABRIDGED Financial Statements
For The Year Ended 31 August 2023
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—4
Page 1
Abridged Balance Sheet
Registered number: 09731955
2023 2022
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 50,269 53,859
50,269 53,859
CURRENT ASSETS
Stocks - 35,800
Debtors 157,500 165,643
Cash at bank and in hand 75,173 343,069
232,673 544,512
Creditors: Amounts Falling Due Within One Year (450,099 ) (602,291 )
NET CURRENT ASSETS (LIABILITIES) (217,426 ) (57,779 )
TOTAL ASSETS LESS CURRENT LIABILITIES (167,157 ) (3,920 )
Creditors: Amounts Falling Due After More Than One Year (28,333 ) (38,718 )
NET LIABILITIES (195,490 ) (42,638 )
CAPITAL AND RESERVES
Called up share capital 6 100 100
Profit and Loss Account (195,590 ) (42,738 )
SHAREHOLDERS' FUNDS (195,490) (42,638)
Page 1
Page 2
For the year ending 31 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 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 31 August 2023 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr Zhiqiang SHEN
Director
30/08/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. General Information
SPOON BASILDON LTD is a private company, limited by shares, incorporated in England & Wales, registered number 09731955 . The registered office is PO Box 664, 2 Manor Road, Chatham, ME4 9HA.
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. 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:
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 35 (2022: 30)
35 30
4. Intangible Assets
Total
£
Cost
As at 1 September 2022 71,812
As at 31 August 2023 71,812
Amortisation
As at 1 September 2022 17,953
Provided during the period 3,590
As at 31 August 2023 21,543
Net Book Value
As at 31 August 2023 50,269
As at 1 September 2022 53,859
Page 3
Page 4
5. Tangible Assets
Total
£
6. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
Page 4