Acorah Software Products - Accounts Production 14.6.300 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 09779502 Mr Barry Day Mrs Fiona Day iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09779502 2023-03-31 09779502 2024-03-31 09779502 2023-04-01 2024-03-31 09779502 frs-core:CurrentFinancialInstruments 2024-03-31 09779502 frs-core:ComputerEquipment 2024-03-31 09779502 frs-core:ComputerEquipment 2023-04-01 2024-03-31 09779502 frs-core:ComputerEquipment 2023-03-31 09779502 frs-core:FurnitureFittings 2024-03-31 09779502 frs-core:FurnitureFittings 2023-04-01 2024-03-31 09779502 frs-core:FurnitureFittings 2023-03-31 09779502 frs-core:ShareCapital 2024-03-31 09779502 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 09779502 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 09779502 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 09779502 frs-bus:SmallEntities 2023-04-01 2024-03-31 09779502 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 09779502 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 09779502 frs-bus:Director1 2023-04-01 2024-03-31 09779502 frs-bus:CompanySecretary1 2023-04-01 2024-03-31 09779502 frs-countries:EnglandWales 2023-04-01 2024-03-31 09779502 2022-03-31 09779502 2023-03-31 09779502 2022-04-01 2023-03-31 09779502 frs-core:CurrentFinancialInstruments 2023-03-31 09779502 frs-core:ShareCapital 2023-03-31 09779502 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 09779502
Smallbutcool Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 09779502
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 7,284 7,640
7,284 7,640
CURRENT ASSETS
Debtors 5 13,630 9,814
Cash at bank and in hand 267,422 225,341
281,052 235,155
Creditors: Amounts Falling Due Within One Year 6 (142,029 ) (81,175 )
NET CURRENT ASSETS (LIABILITIES) 139,023 153,980
TOTAL ASSETS LESS CURRENT LIABILITIES 146,307 161,620
PROVISIONS FOR LIABILITIES
Deferred Taxation - (1,451 )
NET ASSETS 146,307 160,169
CAPITAL AND RESERVES
Called up share capital 7 149 149
Profit and Loss Account 146,158 160,020
SHAREHOLDERS' FUNDS 146,307 160,169
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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 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 Barry Day
Director
30/09/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Smallbutcool Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09779502 . The registered office is Open House Hawkes Drive, Heathcote Industrial Estate, Warwick, Warwickshire, CV34 6LX.
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 derived from the rendering of services and is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes.
2.3. 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 33% on a straight line basis
Computer Equipment 33% on a straight line basis
2.4. Taxation
The tax charge for the year 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 years 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.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2023: 4)
4 4
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4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 April 2023 4,507 12,121 16,628
Additions - 6,320 6,320
As at 31 March 2024 4,507 18,441 22,948
Depreciation
As at 1 April 2023 2,976 6,012 8,988
Provided during the period 1,486 5,190 6,676
As at 31 March 2024 4,462 11,202 15,664
Net Book Value
As at 31 March 2024 45 7,239 7,284
As at 1 April 2023 1,531 6,109 7,640
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 350 7,500
Prepayments and accrued income 2,314 2,314
Deferred tax current asset 10,966 -
13,630 9,814
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Corporation tax 31,999 23,134
Other taxes and social security 101 302
VAT 5,383 6,019
Pension & similar payments 65,060 -
Other creditors 16,427 20,000
Director's loan account 23,059 31,720
142,029 81,175
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 149 149
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