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 NI623642 Mr Mark Matthews Mr Gavin Rogers iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure NI623642 2023-03-31 NI623642 2024-03-31 NI623642 2023-04-01 2024-03-31 NI623642 frs-core:CurrentFinancialInstruments 2024-03-31 NI623642 frs-core:Non-currentFinancialInstruments 2024-03-31 NI623642 frs-core:BetweenOneFiveYears 2024-03-31 NI623642 frs-core:PlantMachinery 2024-03-31 NI623642 frs-core:PlantMachinery 2023-04-01 2024-03-31 NI623642 frs-core:PlantMachinery 2023-03-31 NI623642 frs-core:WithinOneYear 2024-03-31 NI623642 frs-core:ShareCapital 2024-03-31 NI623642 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 NI623642 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 NI623642 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 NI623642 frs-bus:SmallEntities 2023-04-01 2024-03-31 NI623642 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 NI623642 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 NI623642 frs-bus:Director1 2023-04-01 2024-03-31 NI623642 frs-bus:Director2 2023-04-01 2024-03-31 NI623642 frs-core:CurrentFinancialInstruments 1 2024-03-31 NI623642 frs-core:CurrentFinancialInstruments 2 2024-03-31 NI623642 frs-core:CurrentFinancialInstruments 3 2024-03-31 NI623642 frs-countries:NorthernIreland 2023-04-01 2024-03-31 NI623642 2022-03-31 NI623642 2023-03-31 NI623642 2022-04-01 2023-03-31 NI623642 frs-core:CurrentFinancialInstruments 2023-03-31 NI623642 frs-core:Non-currentFinancialInstruments 2023-03-31 NI623642 frs-core:BetweenOneFiveYears 2023-03-31 NI623642 frs-core:WithinOneYear 2023-03-31 NI623642 frs-core:ShareCapital 2023-03-31 NI623642 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31 NI623642 frs-core:CurrentFinancialInstruments 1 2023-03-31 NI623642 frs-core:CurrentFinancialInstruments 2 2023-03-31 NI623642 frs-core:CurrentFinancialInstruments 3 2023-03-31
Registered number: NI623642
Scanbox (UK & Ireland) Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2024
PMB Accountants Limited
7 The Square
Comber
Newtownards
BT23 5DX
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: NI623642
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 159,215 166,791
159,215 166,791
CURRENT ASSETS
Stocks 5 127,603 47,637
Debtors 6 623,822 262,946
Cash at bank and in hand 34,449 8,614
785,874 319,197
Creditors: Amounts Falling Due Within One Year 7 (894,743 ) (210,263 )
NET CURRENT ASSETS (LIABILITIES) (108,869 ) 108,934
TOTAL ASSETS LESS CURRENT LIABILITIES 50,346 275,725
Creditors: Amounts Falling Due After More Than One Year 8 (50,246 ) (85,580 )
NET ASSETS 100 190,145
CAPITAL AND RESERVES
Called up share capital 10 100 100
Profit and Loss Account - 190,045
SHAREHOLDERS' FUNDS 100 190,145
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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 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
Mr Gavin Rogers
Director
23/10/2024
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Scanbox (UK & Ireland) Ltd is a private company, limited by shares, incorporated in Northern Ireland, registered number NI623642 . The registered office is 2 Kildrum Industrial Estate, Kildrum Road, Shankbridge, Ballymena, BT42 3EY.
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:
Plant & Machinery 10 - 20% Straight line
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
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. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.7. Taxation
Income tax expense represents the sum of the tax currently payable.
The tax currently payable 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.
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3. Average Number of Employees
Average number of employees, including directors, during the year was: 6 (2023: 6)
6 6
4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 April 2023 212,140
Additions 3,535
Disposals (8,109 )
As at 31 March 2024 207,566
Depreciation
As at 1 April 2023 45,349
Provided during the period 21,164
Disposals (1,794 )
Other (16,368 )
As at 31 March 2024 48,351
Net Book Value
As at 31 March 2024 159,215
As at 1 April 2023 166,791
5. Stocks
2024 2023
£ £
Materials 127,603 47,637
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 621,880 248,075
Prepayments and accrued income 1,942 182
Other debtors - 14,689
623,822 262,946
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7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 27,072 18,810
Trade creditors 312,435 153,912
Corporation tax 71,428 22,406
Other taxes and social security 5,648 -
VAT 118,976 9,273
Security bonds 3,819 2,502
Foodservice Support Solutions Ltd 349,482 -
Pension liability 1,074 -
Accruals and deferred income 4,809 3,360
894,743 210,263
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 50,246 85,580
9. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 27,072 18,810
Later than one year and not later than five years 50,246 85,580
77,318 104,390
77,318 104,390
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
11. Related Party Transactions
Foodservice Support Solutions (NI) Ltd charged Scanbox UK & Ireland Ltd a management fee of £203,208 for overheads and salary costs. (2023: £328,775)) 
Scanbox UK & Ireland Ltd charged Foodservice Support Solutions (NI) Ltd and Foodservice Holdings Ltd £49,971 & £7,579 (2023: NIL) respectively with regard to the reallocation of salary costs. 
These transaction took place at arms length. 
Contained with in current liabilities is an amount due to Fodservice Support Solutions (NI) Ltd of £349,482. This is an interest free loan and repayable on demand. 
Scanbox Uk & Ireland Ltd is a wholly owned subsiduary or Foodservice Support Solutions (NI) Ltd which in turn is a wholly owned subsiduary of Foodservice Holdings Ltd. 
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