Acorah Software Products - Accounts Production 14.6.300 false true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 07037206 Mr Phillip Morrish Kee Event Management Limited false iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07037206 2022-12-31 07037206 2023-12-31 07037206 2023-01-01 2023-12-31 07037206 frs-core:CurrentFinancialInstruments 2023-12-31 07037206 frs-core:Non-currentFinancialInstruments 2023-12-31 07037206 frs-core:ComputerEquipment 2023-12-31 07037206 frs-core:ComputerEquipment 2023-01-01 2023-12-31 07037206 frs-core:ComputerEquipment 2022-12-31 07037206 frs-core:FurnitureFittings 2023-12-31 07037206 frs-core:FurnitureFittings 2023-01-01 2023-12-31 07037206 frs-core:FurnitureFittings 2022-12-31 07037206 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-12-31 07037206 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-01-01 2023-12-31 07037206 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2022-12-31 07037206 frs-core:MotorVehicles 2023-01-01 2023-12-31 07037206 frs-core:PlantMachinery 2023-01-01 2023-12-31 07037206 frs-core:ShareCapital 2023-12-31 07037206 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 07037206 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 07037206 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 07037206 frs-bus:SmallEntities 2023-01-01 2023-12-31 07037206 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 07037206 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 07037206 1 2023-01-01 2023-12-31 07037206 frs-bus:Director1 2023-01-01 2023-12-31 07037206 frs-core:CurrentFinancialInstruments 2 2023-12-31 07037206 frs-countries:EnglandWales 2023-01-01 2023-12-31 07037206 2021-12-31 07037206 2022-12-31 07037206 2022-01-01 2022-12-31 07037206 frs-core:CurrentFinancialInstruments 2022-12-31 07037206 frs-core:Non-currentFinancialInstruments 2022-12-31 07037206 frs-core:ShareCapital 2022-12-31 07037206 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31 07037206 frs-core:CurrentFinancialInstruments 1 2022-12-31 07037206 frs-core:CurrentFinancialInstruments 2 2022-12-31
Registered number: 07037206
Flame Graphics Limited
Unaudited Financial Statements
For The Year Ended 31 December 2023
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 07037206
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,439 2,204
1,439 2,204
CURRENT ASSETS
Debtors 5 103,789 94,087
Cash at bank and in hand 15,766 54,074
119,555 148,161
Creditors: Amounts Falling Due Within One Year 6 (65,166 ) (85,173 )
NET CURRENT ASSETS (LIABILITIES) 54,389 62,988
TOTAL ASSETS LESS CURRENT LIABILITIES 55,828 65,192
Creditors: Amounts Falling Due After More Than One Year 7 (9,000 ) (15,000 )
PROVISIONS FOR LIABILITIES
Deferred Taxation 8 (273 ) -
NET ASSETS 46,555 50,192
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 46,455 50,092
SHAREHOLDERS' FUNDS 46,555 50,192
Page 1
Page 2
For the year ending 31 December 2023 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 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 Phillip Morrish
Director
26th April 2024
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Flame Graphics Limited Registered number 07037206 is a limited by shares company incorporated in England & Wales. The Registered Office is 46, Chineham Close, Fleet, Hampshire, GU51 1BF.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
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:
Leasehold Improvements are written off over the term of the lease
Plant & Machinery 25% on Cost
Motor Vehicles 25% on Cost
Fixtures & Fittings 25% on Cost
Computer Equipment 25% on Cost
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. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
2.6. Government Grant
Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.
Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.
Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.
All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.
2.7. 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. The notes which are not included have been hidden but original note numbering has remained the same for those that are present.
3. Average Number of Employees
Average number of employees during the year, including directors, during the year was as follows:
2023 2022
Office and administration 2 2
Sales, marketing and distribution 1 -
3 2
Page 3
Page 4
4. Tangible Assets
Land & Property
Leasehold Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 January 2023 431 2,291 19,647 22,369
Additions - - 245 245
Disposals (431 ) (1,958 ) (7,300 ) (9,689 )
As at 31 December 2023 - 333 12,592 12,925
Depreciation
As at 1 January 2023 431 2,246 17,488 20,165
Provided during the period - 20 990 1,010
Disposals (431 ) (1,958 ) (7,300 ) (9,689 )
As at 31 December 2023 - 308 11,178 11,486
Net Book Value
As at 31 December 2023 - 25 1,414 1,439
As at 1 January 2023 - 45 2,159 2,204
5. Debtors
2023 2022
£ £
Due within one year
Trade debtors 88,556 87,187
Prepayments and accrued income 15,233 4,275
Rent Deposit - 2,450
Other taxes and social security - 175
103,789 94,087
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 29,816 34,917
Bank loans and overdrafts 6,000 6,000
Corporation tax 10,102 15,137
VAT 10,089 9,588
Shareholders Loan (KM) - 5,000
Workplace Pensions 69 -
Accruals and deferred income 1,345 741
Director's loan account 7,745 13,790
65,166 85,173
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7. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans 9,000 15,000
9,000 15,000
8. Deferred Taxation
The provision for deferred taxation is made up of accelerated capital allowances
2023 2022
£ £
Other timing differences 273 -
9. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
10. Dividends
2023 2022
£ £
On equity shares:
Interim dividend paid 44,500 58,000
44,500 58,000
11. Controlling Party
At the Balance Sheet Date, the company was owned in equal proportion by Mr Phiilip Morrish and Mrs Karen Morrish
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