Acorah Software Products - Accounts Production 15.0.600 false true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 SC062513 Mr Gary Denham iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC062513 2022-12-31 SC062513 2023-12-31 SC062513 2023-01-01 2023-12-31 SC062513 frs-core:CurrentFinancialInstruments 2023-12-31 SC062513 frs-core:Non-currentFinancialInstruments 2023-12-31 SC062513 frs-core:ComputerEquipment 2023-12-31 SC062513 frs-core:ComputerEquipment 2023-01-01 2023-12-31 SC062513 frs-core:ComputerEquipment 2022-12-31 SC062513 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-01-01 2023-12-31 SC062513 frs-core:FurnitureFittings 2023-12-31 SC062513 frs-core:FurnitureFittings 2023-01-01 2023-12-31 SC062513 frs-core:FurnitureFittings 2022-12-31 SC062513 frs-core:MotorVehicles 2023-01-01 2023-12-31 SC062513 frs-core:OtherResidualIntangibleAssets 2023-12-31 SC062513 frs-core:OtherResidualIntangibleAssets 2022-12-31 SC062513 frs-core:PlantMachinery 2023-12-31 SC062513 frs-core:PlantMachinery 2023-01-01 2023-12-31 SC062513 frs-core:PlantMachinery 2022-12-31 SC062513 frs-core:ShareCapital 2023-12-31 SC062513 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 SC062513 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 SC062513 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 SC062513 frs-bus:SmallEntities 2023-01-01 2023-12-31 SC062513 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 SC062513 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 SC062513 frs-bus:Director1 2023-01-01 2023-12-31 SC062513 frs-countries:Scotland 2023-01-01 2023-12-31 SC062513 2021-12-31 SC062513 2022-12-31 SC062513 2022-01-01 2022-12-31 SC062513 frs-core:CurrentFinancialInstruments 2022-12-31 SC062513 frs-core:Non-currentFinancialInstruments 2022-12-31 SC062513 frs-core:ShareCapital 2022-12-31 SC062513 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: SC062513
Strokesport Limited
Unaudited Financial Statements
For The Year Ended 31 December 2023
Accsol
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: SC062513
2023 2022
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 100 100
Tangible Assets 5 986 1,739
1,086 1,839
CURRENT ASSETS
Stocks 6 170,863 59,958
Debtors 7 37,392 22,314
Cash at bank and in hand (47,533 ) (25,870 )
160,722 56,402
Creditors: Amounts Falling Due Within One Year 8 (74,189 ) (74,512 )
NET CURRENT ASSETS (LIABILITIES) 86,533 (18,110 )
TOTAL ASSETS LESS CURRENT LIABILITIES 87,619 (16,271 )
Creditors: Amounts Falling Due After More Than One Year 9 (97,000 ) -
NET LIABILITIES (9,381 ) (16,271 )
CAPITAL AND RESERVES
Called up share capital 10 328,500 328,500
Profit and Loss Account (337,881 ) (344,771 )
SHAREHOLDERS' FUNDS (9,381) (16,271)
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 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 Gary Denham
Director
08/04/2024
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
Strokesport Limited is a private company, limited by shares, incorporated in Scotland, registered number SC062513 . The registered office is Unit 50, Abby Mill Business Centre, Paisley, Renfrewshire, PA1 1TJ.
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:
Plant & Machinery 10% on cost
Motor Vehicles 10% on cost
Fixtures & Fittings 10% on cost
Computer Equipment 10% on cost
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: 6 (2022: 6)
6 6
4. Intangible Assets
Other
£
Cost
As at 1 January 2023 100
As at 31 December 2023 100
Net Book Value
As at 31 December 2023 100
As at 1 January 2023 100
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5. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 January 2023 66,329 25,870 72,509 164,708
As at 31 December 2023 66,329 25,870 72,509 164,708
Depreciation
As at 1 January 2023 66,329 25,870 70,770 162,969
Provided during the period - - 753 753
As at 31 December 2023 66,329 25,870 71,523 163,722
Net Book Value
As at 31 December 2023 - - 986 986
As at 1 January 2023 - - 1,739 1,739
6. Stocks
2023 2022
£ £
Stock 170,863 59,958
7. Debtors
2023 2022
£ £
Due within one year
Trade debtors 35,367 15,449
Prepayments and accrued income 815 815
VAT - 4,840
Director's loan account 1,210 1,210
37,392 22,314
8. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 36,815 9,491
Other loans 24,167 34,178
Other taxes and social security 3,008 17,320
VAT 9,235 -
Other creditors 964 2,949
Accruals and deferred income - 10,574
74,189 74,512
9. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Directors loan account 97,000 -
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10. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 328,500 328,500
Page 5