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 10699722 Sam Tattersall Sam Tattersall iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10699722 2023-03-31 10699722 2024-03-31 10699722 2023-04-01 2024-03-31 10699722 frs-core:CurrentFinancialInstruments 2024-03-31 10699722 frs-core:ComputerEquipment 2024-03-31 10699722 frs-core:ComputerEquipment 2023-04-01 2024-03-31 10699722 frs-core:ComputerEquipment 2023-03-31 10699722 frs-core:FurnitureFittings 2024-03-31 10699722 frs-core:FurnitureFittings 2023-04-01 2024-03-31 10699722 frs-core:FurnitureFittings 2023-03-31 10699722 frs-core:ShareCapital 2024-03-31 10699722 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 10699722 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 10699722 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 10699722 frs-bus:SmallEntities 2023-04-01 2024-03-31 10699722 frs-bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 10699722 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 10699722 frs-core:AdditionsToInvestments 2024-03-31 10699722 frs-core:CostValuation 2024-03-31 10699722 frs-core:ListedExchangeTraded 2024-03-31 10699722 frs-core:ListedExchangeTraded 2023-03-31 10699722 frs-core:CostValuation frs-core:ListedExchangeTraded 2023-03-31 10699722 frs-core:AdditionsToInvestments frs-core:ListedExchangeTraded 2024-03-31 10699722 frs-core:CostValuation frs-core:ListedExchangeTraded 2024-03-31 10699722 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2023-03-31 10699722 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2024-03-31 10699722 frs-core:UnlistedNon-exchangeTraded 2024-03-31 10699722 frs-core:UnlistedNon-exchangeTraded 2023-03-31 10699722 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-03-31 10699722 frs-core:AdditionsToInvestments frs-core:UnlistedNon-exchangeTraded 2024-03-31 10699722 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-03-31 10699722 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-03-31 10699722 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-03-31 10699722 frs-bus:Director1 2023-04-01 2024-03-31 10699722 frs-bus:CompanySecretary1 2023-04-01 2024-03-31 10699722 frs-countries:EnglandWales 2023-04-01 2024-03-31 10699722 2022-03-31 10699722 2023-03-31 10699722 2022-04-01 2023-03-31 10699722 frs-core:CurrentFinancialInstruments 2023-03-31 10699722 frs-core:ShareCapital 2023-03-31 10699722 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 10699722
SYGNIA LTD
Unaudited Financial Statements
For The Year Ended 31 March 2024
Unaudited Financial Statements
Contents
Page
Accountant's Report 1
Balance Sheet 2—3
Notes to the Financial Statements 4—5
Page 1
Accountant's Report
In accordance with the engagement letter and in order to assist you to fulfil your duties under the Companies Act 2006, we have compiled the financial statements of the company from the accounting records and information and explanations you have given to us.
This report is made to the director in accordance with the terms of our engagement. Our work has been undertaken to prepare for approval by the director the financial statements that we have been engaged to compile, to report to the director that we have done so, and to state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and the Company's director for our work or for this report.
You have acknowledged on the balance sheet as at year ended 31 March 2024 your duty to ensure that the company has kept proper accounting records and to prepare financial statements that give a true and fair view under the Companies Act 2006. You consider that the company is exempt from the statutory requirement for an audit for the year.
We have not been instructed to carry out an audit of the financial statements. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
Signed
Diamond Accounts Limited
27/09/2024
Diamond Accounts Limited
120 Cavendish Place
Eastbourne
BN21 3TZ
Page 1
Page 2
Balance Sheet
Registered number: 10699722
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 3 11,565 2,230
Investments 4 265,344 -
276,909 2,230
CURRENT ASSETS
Cash at bank and in hand 474,225 416,724
474,225 416,724
Creditors: Amounts Falling Due Within One Year 5 (148,011 ) (74,912 )
NET CURRENT ASSETS (LIABILITIES) 326,214 341,812
TOTAL ASSETS LESS CURRENT LIABILITIES 603,123 344,042
NET ASSETS 603,123 344,042
CAPITAL AND RESERVES
Called up share capital 6 1 1
Profit and Loss Account 603,122 344,041
SHAREHOLDERS' FUNDS 603,123 344,042
Page 2
Page 3
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
Sam Tattersall
Director
27/09/2024
The notes on pages 4 to 5 form part of these financial statements.
Page 3
Page 4
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.
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.
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% reducing balance
Computer Equipment 33.33% Straight Line Mentod
1.4.
Accounting policies

The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.

Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.

Presentation currency
The accounts are presented in £ sterling.


2. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
3. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 April 2023 - 3,530 3,530
Additions 10,480 - 10,480
As at 31 March 2024 10,480 3,530 14,010
...CONTINUED
Page 4
Page 5
Depreciation
As at 1 April 2023 - 1,300 1,300
Provided during the period 224 921 1,145
As at 31 March 2024 224 2,221 2,445
Net Book Value
As at 31 March 2024 10,256 1,309 11,565
As at 1 April 2023 - 2,230 2,230
4. Investments
Listed Unlisted Total
£ £ £
Cost
As at 1 April 2023 - - -
Additions 234,982 30,362 265,344
As at 31 March 2024 234,982 30,362 265,344
Provision
As at 1 April 2023 - - -
As at 31 March 2024 - - -
Net Book Value
As at 31 March 2024 234,982 30,362 265,344
As at 1 April 2023 - - -
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Corporation tax 98,048 48,663
VAT 38,035 15,362
Accruals and deferred income 600 600
Director's loan account 11,328 10,287
148,011 74,912
6. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
7. General Information
SYGNIA LTD is a private company, limited by shares, incorporated in England & Wales, registered number 10699722 . The registered office is 20-22 Wenlock Road, London, N1 7GU.
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