Acorah Software Products - Accounts Production 15.0.600 false true true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 05385323 A C Mann K L Mann iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05385323 2023-03-31 05385323 2024-03-31 05385323 2023-04-01 2024-03-31 05385323 frs-core:CurrentFinancialInstruments 2024-03-31 05385323 frs-core:Non-currentFinancialInstruments 2024-03-31 05385323 frs-core:PlantMachinery 2024-03-31 05385323 frs-core:PlantMachinery 2023-04-01 2024-03-31 05385323 frs-core:PlantMachinery 2023-03-31 05385323 frs-core:ShareCapital 2024-03-31 05385323 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 05385323 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 05385323 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 05385323 frs-bus:SmallEntities 2023-04-01 2024-03-31 05385323 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 05385323 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 05385323 frs-bus:Director1 2023-04-01 2024-03-31 05385323 frs-bus:CompanySecretary1 2023-04-01 2024-03-31 05385323 frs-countries:EnglandWales 2023-04-01 2024-03-31 05385323 2022-03-31 05385323 2023-03-31 05385323 2022-04-01 2023-03-31 05385323 frs-core:CurrentFinancialInstruments 2023-03-31 05385323 frs-core:Non-currentFinancialInstruments 2023-03-31 05385323 frs-core:ShareCapital 2023-03-31 05385323 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 05385323
Inkfil.com Limited
Unaudited Financial Statements
For The Year Ended 31 March 2024
Shaw Austin
Chartered Accountants
45 City Road
Chester
CH1 3AE
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 05385323
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 5,281 4,168
5,281 4,168
CURRENT ASSETS
Stocks 5 1,500 1,850
Debtors 6 2,936 4,540
Cash at bank and in hand 1,760 10,668
6,196 17,058
Creditors: Amounts Falling Due Within One Year 7 (5,097 ) (7,375 )
NET CURRENT ASSETS (LIABILITIES) 1,099 9,683
TOTAL ASSETS LESS CURRENT LIABILITIES 6,380 13,851
Creditors: Amounts Falling Due After More Than One Year 8 (62,571 ) (57,814 )
NET LIABILITIES (56,191 ) (43,963 )
CAPITAL AND RESERVES
Called up share capital 9 1,000 1,000
Profit and Loss Account (57,191 ) (44,963 )
SHAREHOLDERS' FUNDS (56,191) (43,963)
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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
A C Mann
Director
14 October 2024
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Inkfil.com Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05385323 . The registered office is 62 Lower Bridge Street, Chester, Cheshire, CH1 1RS.
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 FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

The presentational currency is £ Sterling and all amounts are rounded to the nearest £.
2.2. Going Concern Disclosure
The financial statements have been prepared on a going concern basis. As the director will continue to make funds available to the company in the future, he believes that the going concern basis is appropriate for these financial statements. 
2.3. 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 ink toner and provision of recycling services in the ordinary course of the company's activities. 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.
2.4. 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 20% 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.
2.6. Pensions
The company makes payments to the director's and employee's defined contribution plans. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the plan.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2023: 3)
3 3
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4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 April 2023 6,578
Additions 3,040
As at 31 March 2024 9,618
Depreciation
As at 1 April 2023 2,410
Provided during the period 1,927
As at 31 March 2024 4,337
Net Book Value
As at 31 March 2024 5,281
As at 1 April 2023 4,168
5. Stocks
2024 2023
£ £
Stock 1,500 1,850
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 2,176 4,120
Other debtors 760 420
2,936 4,540
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 1,928 3,154
Other creditors 1,500 3,045
Taxation and social security 1,669 1,176
5,097 7,375
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Other creditors 62,571 57,814
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9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1,000 1,000
10. Related Party Transactions
The director has made an interest free loan available to the company during the period of £62,571 (2023 £57,814), repayable on demand.
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