Acorah Software Products - Accounts Production 15.0.600 false true 31 January 2023 1 February 2022 false 1 February 2023 31 January 2024 31 January 2024 09392053 Mrs Marie Wilson Mr Eniekan OSUNG iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09392053 2023-01-31 09392053 2024-01-31 09392053 2023-02-01 2024-01-31 09392053 frs-core:CurrentFinancialInstruments 2024-01-31 09392053 frs-core:Non-currentFinancialInstruments 2024-01-31 09392053 frs-core:ComputerEquipment 2024-01-31 09392053 frs-core:ComputerEquipment 2023-02-01 2024-01-31 09392053 frs-core:ComputerEquipment 2023-01-31 09392053 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-02-01 2024-01-31 09392053 frs-core:FurnitureFittings 2024-01-31 09392053 frs-core:FurnitureFittings 2023-02-01 2024-01-31 09392053 frs-core:FurnitureFittings 2023-01-31 09392053 frs-core:OtherResidualIntangibleAssets 2024-01-31 09392053 frs-core:OtherResidualIntangibleAssets 2023-02-01 2024-01-31 09392053 frs-core:OtherResidualIntangibleAssets 2023-01-31 09392053 frs-core:SharePremium 2024-01-31 09392053 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 09392053 frs-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 09392053 frs-bus:FilletedAccounts 2023-02-01 2024-01-31 09392053 frs-bus:SmallEntities 2023-02-01 2024-01-31 09392053 frs-bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 09392053 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 09392053 frs-bus:Director1 2023-02-01 2024-01-31 09392053 frs-bus:Director2 2023-02-01 2024-01-31 09392053 frs-countries:EnglandWales 2023-02-01 2024-01-31 09392053 2022-01-31 09392053 2023-01-31 09392053 2022-02-01 2023-01-31 09392053 frs-core:CurrentFinancialInstruments 2023-01-31 09392053 frs-core:Non-currentFinancialInstruments 2023-01-31 09392053 frs-core:SharePremium 2023-01-31 09392053 frs-core:RetainedEarningsAccumulatedLosses 2023-01-31
Registered number: 09392053
Small Business Emarketing Ltd
Unaudited Financial Statements
For The Year Ended 31 January 2024
AccounTax Zone Limited
Chartered Certified Accountants
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 09392053
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 422 562
Tangible Assets 5 317 486
739 1,048
CURRENT ASSETS
Debtors 6 7,279 1,718
Cash at bank and in hand 2,990 4,436
10,269 6,154
Creditors: Amounts Falling Due Within One Year 7 (110,669 ) (87,111 )
NET CURRENT ASSETS (LIABILITIES) (100,400 ) (80,957 )
TOTAL ASSETS LESS CURRENT LIABILITIES (99,661 ) (79,909 )
Creditors: Amounts Falling Due After More Than One Year 8 (1,123 ) (2,224 )
NET LIABILITIES (100,784 ) (82,133 )
CAPITAL AND RESERVES
Share premium account 40 40
Profit and Loss Account (100,824 ) (82,173 )
SHAREHOLDERS' FUNDS (100,784) (82,133)
Page 1
Page 2
For the year ending 31 January 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 Eniekan OSUNG
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
Small Business Emarketing Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09392053 . The registered office is 207 Regent Street, London, England, W1B 3HH.
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. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are .... It is amortised to profit and loss account 25% on Straight Line Basis
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:
Fixtures & Fittings 25% SL
Computer Equipment 25% SL
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
Page 3
Page 4
4. Intangible Assets
Other
£
Cost
As at 1 February 2023 1,000
As at 31 January 2024 1,000
Amortisation
As at 1 February 2023 438
Provided during the period 140
As at 31 January 2024 578
Net Book Value
As at 31 January 2024 422
As at 1 February 2023 562
5. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 February 2023 148 2,047 2,195
As at 31 January 2024 148 2,047 2,195
Depreciation
As at 1 February 2023 60 1,649 1,709
Provided during the period 89 80 169
As at 31 January 2024 149 1,729 1,878
Net Book Value
As at 31 January 2024 (1 ) 318 317
As at 1 February 2023 88 398 486
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 7,279 1,718
Page 4
Page 5
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 14,157 5,520
Bank loans and overdrafts 1,100 1,166
VAT 2,954 353
Directors' loan accounts 92,458 80,072
110,669 87,111
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 1,123 2,224
9. Share Capital
2024 2023
£ £
Page 5