Acorah Software Products - Accounts Production 15.0.600 false true true 30 April 2023 1 May 2022 false 1 May 2023 30 April 2024 30 April 2024 07960537 Ms Sarah Clark iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07960537 2023-04-30 07960537 2024-04-30 07960537 2023-05-01 2024-04-30 07960537 frs-core:CurrentFinancialInstruments 2024-04-30 07960537 frs-core:Non-currentFinancialInstruments 2024-04-30 07960537 frs-core:BetweenOneFiveYears 2024-04-30 07960537 frs-core:ComputerEquipment 2024-04-30 07960537 frs-core:ComputerEquipment 2023-05-01 2024-04-30 07960537 frs-core:ComputerEquipment 2023-04-30 07960537 frs-core:FurnitureFittings 2024-04-30 07960537 frs-core:FurnitureFittings 2023-05-01 2024-04-30 07960537 frs-core:FurnitureFittings 2023-04-30 07960537 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-04-30 07960537 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-05-01 2024-04-30 07960537 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-04-30 07960537 frs-core:WithinOneYear 2024-04-30 07960537 frs-core:ShareCapital 2024-04-30 07960537 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 07960537 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 07960537 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 07960537 frs-bus:SmallEntities 2023-05-01 2024-04-30 07960537 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 07960537 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 07960537 frs-core:DeferredTaxation 2023-05-01 2024-04-30 07960537 frs-core:DeferredTaxation 2023-04-30 07960537 frs-core:DeferredTaxation 2024-04-30 07960537 frs-bus:Director1 2023-05-01 2024-04-30 07960537 frs-bus:Director1 2023-04-30 07960537 frs-bus:Director1 2024-04-30 07960537 frs-countries:EnglandWales 2023-05-01 2024-04-30 07960537 2022-04-30 07960537 2023-04-30 07960537 2022-05-01 2023-04-30 07960537 frs-core:CurrentFinancialInstruments 2023-04-30 07960537 frs-core:Non-currentFinancialInstruments 2023-04-30 07960537 frs-core:BetweenOneFiveYears 2023-04-30 07960537 frs-core:WithinOneYear 2023-04-30 07960537 frs-core:ShareCapital 2023-04-30 07960537 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30
Registered number: 07960537
S J Clark Limited
Financial Statements
For The Year Ended 30 April 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 07960537
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 125 2,039
125 2,039
CURRENT ASSETS
Debtors 5 6,595 9,600
Cash at bank and in hand 60,333 16,545
66,928 26,145
Creditors: Amounts Falling Due Within One Year 6 (71,371 ) (25,150 )
NET CURRENT ASSETS (LIABILITIES) (4,443 ) 995
TOTAL ASSETS LESS CURRENT LIABILITIES (4,318 ) 3,034
Creditors: Amounts Falling Due After More Than One Year 7 (7,755 ) (16,443 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (31 ) (398 )
NET LIABILITIES (12,104 ) (13,807 )
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account (12,204 ) (13,907 )
SHAREHOLDERS' FUNDS (12,104) (13,807)
Page 1
Page 2
For the year ending 30 April 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 her 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
Ms Sarah Clark
Director
23 October 2024
The notes on pages 3 to 6 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
S J Clark Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07960537 . The registered office is 159B Whiteladies Road, Clifton, Bristol, BS8 2RF.
The presentation currency of the financial statements is the Pound Sterling (£)
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. Going Concern Disclosure
The financial statements have been prepared on the going concern basis on the grounds that the shareholders will continue to provide financial support.
2.3. Turnover
Turnover represents the revenue generated from the sale of services. Revenue is measured at the fair value of the consideration received and receivable excluding value added tax.
Revenue from services is recognised when services have been provided and the contractual right to the consideration has been earned. For incomplete contracts an assessment is made of the extent to which revenue has been earned.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less accumulated depreciation and any accumulated impairment losses
Depreciation is provided at following annual rates in order to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Leasehold 10% on cost
Fixtures & Fittings 25% on cost
Computer Equipment 25% on cost
2.5. Financial Instruments
Financial liabilities and equity instruments are classified and accounted for according to the substance of contractual arrangements, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.
2.6. Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the profit and loss account, except to the extent that it relates to items recognised in other comprehensive income.
Current or deferred taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that that have been enacted or substantively enacted by the balance sheet date.
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.
...CONTINUED
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2.6. Taxation - continued
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
2.7. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
3. Average Number of Employees
The average number of employees, including directors, during the year was 2 (2023: 1)
2 1
4. Tangible Assets
Land & Property
Leasehold Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 May 2023 540 5,191 1,525 7,256
Disposals (540 ) (390 ) - (930 )
As at 30 April 2024 - 4,801 1,525 6,326
Depreciation
As at 1 May 2023 170 3,995 1,052 5,217
Provided during the period - 1,105 348 1,453
Disposals (170 ) (299 ) - (469 )
As at 30 April 2024 - 4,801 1,400 6,201
Net Book Value
As at 30 April 2024 - - 125 125
As at 1 May 2023 370 1,196 473 2,039
5. Debtors
2024 2023
£ £
Due within one year
Other debtors 6,595 9,600
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6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Bank loans and overdrafts 11,522 9,370
Other creditors 53,616 12,992
Taxation and social security 6,233 2,788
71,371 25,150
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 7,755 16,443
8. Provisions for Liabilities
Deferred Tax Total
£ £
As at 1 May 2023 398 398
Deferred taxation (367 ) (367 )
Balance at 30 April 2024 31 31
The provision for deferred taxation is made up of accelerated capital allowances.
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
10. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2024 2023
£ £
Not later than one year 19,583 7,500
Later than one year and not later than five years 23,333 -
42,916 7,500
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11. Directors Advances, Credits and Guarantees
The following advances and credits to directors subsisted during the financial year were as follows:
As at 1 May 2023 Amounts advanced Amounts repaid Amounts written off As at 30 April 2024
£ £ £ £ £
Ms Sarah Clark 8,760 21,898 (28,025 ) - 2,633
The above loan is unsecured and is repayable on demand.
Other than movements on the directors' loan accounts with the company, there were no other advances, credits and guarantees with the directors during the accounting period.
The above overdrawn loan was repaid on 17th October 2024.
12. Related Party Transactions
During the year, total dividends of £Nil (2023: £20,000) were paid to the director.
The company is controlled by the director, Ms S Clark, who owns 100% of the share capital.
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