Acorah Software Products - Accounts Production 15.0.600 false true 30 June 2023 1 June 2022 false 1 July 2023 30 June 2024 30 June 2024 14145481 Hege Aaby Matthew Rice iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14145481 2023-06-30 14145481 2024-06-30 14145481 2023-07-01 2024-06-30 14145481 frs-core:CurrentFinancialInstruments 2024-06-30 14145481 frs-core:Non-currentFinancialInstruments 2024-06-30 14145481 frs-core:FurnitureFittings 2024-06-30 14145481 frs-core:FurnitureFittings 2023-07-01 2024-06-30 14145481 frs-core:FurnitureFittings 2023-06-30 14145481 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-06-30 14145481 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-07-01 2024-06-30 14145481 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-06-30 14145481 frs-core:ShareCapital 2024-06-30 14145481 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 14145481 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 14145481 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 14145481 frs-bus:SmallEntities 2023-07-01 2024-06-30 14145481 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 14145481 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 14145481 frs-bus:Director1 2023-07-01 2024-06-30 14145481 frs-bus:Director2 2023-07-01 2024-06-30 14145481 frs-countries:EnglandWales 2023-07-01 2024-06-30 14145481 2022-05-31 14145481 2023-06-30 14145481 2022-06-01 2023-06-30 14145481 frs-core:CurrentFinancialInstruments 2023-06-30 14145481 frs-core:Non-currentFinancialInstruments 2023-06-30 14145481 frs-core:ShareCapital 2023-06-30 14145481 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30
Registered number: 14145481
Sennep Living Limited
Unaudited Financial Statements
For The Year Ended 30 June 2024
Thriveworks Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 14145481
30 June 2024 30 June 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 965,042 694,841
965,042 694,841
CURRENT ASSETS
Debtors 5 1,493 100
Cash at bank and in hand 11,573 23,875
13,066 23,975
Creditors: Amounts Falling Due Within One Year 6 (219 ) (12,249 )
NET CURRENT ASSETS (LIABILITIES) 12,847 11,726
TOTAL ASSETS LESS CURRENT LIABILITIES 977,889 706,567
Creditors: Amounts Falling Due After More Than One Year 7 (990,047 ) (721,525 )
NET LIABILITIES (12,158 ) (14,958 )
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account (12,258 ) (15,058 )
SHAREHOLDERS' FUNDS (12,158) (14,958)
Page 1
Page 2
For the year ending 30 June 2024 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 directors acknowledge their 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
Hege Aaby
Director
16/10/2024
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
Sennep Living Limited is a private company, limited by shares, incorporated in England & Wales, registered number 14145481 . The registered office is 52 Francemary Road, London, SE4 1JS.
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. 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:
Leasehold measured at fair value
Fixtures & Fittings 3 years
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Tangible Assets
Land & Property
Leasehold Fixtures & Fittings Total
£ £ £
Cost
As at 1 July 2023 692,711 2,220 694,931
Additions 270,941 - 270,941
As at 30 June 2024 963,652 2,220 965,872
Depreciation
As at 1 July 2023 - 90 90
Provided during the period - 740 740
As at 30 June 2024 - 830 830
Net Book Value
As at 30 June 2024 963,652 1,390 965,042
As at 1 July 2023 692,711 2,130 694,841
Page 3
Page 4
5. Debtors
30 June 2024 30 June 2023
£ £
Due within one year
Prepayments and accrued income 1,393 -
Other debtors 100 100
1,493 100
6. Creditors: Amounts Falling Due Within One Year
30 June 2024 30 June 2023
£ £
Trade creditors 219 10,599
Accruals and deferred income - 1,650
219 12,249
7. Creditors: Amounts Falling Due After More Than One Year
30 June 2024 30 June 2023
£ £
Bank loans 479,047 421,525
Amounts owed to group undertakings 511,000 300,000
990,047 721,525
8. Share Capital
30 June 2024 30 June 2023
£ £
Allotted, Called up and fully paid 100 100
Page 4