Acorah Software Products - Accounts Production 15.0.600 false true true 30 September 2022 1 October 2021 false 1 October 2022 30 September 2023 30 September 2023 05939010 Mr Luke Hasell iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05939010 2022-09-30 05939010 2023-09-30 05939010 2022-10-01 2023-09-30 05939010 frs-core:CurrentFinancialInstruments 2023-09-30 05939010 frs-core:Non-currentFinancialInstruments 2023-09-30 05939010 frs-core:ComputerEquipment 2023-09-30 05939010 frs-core:ComputerEquipment 2022-10-01 2023-09-30 05939010 frs-core:ComputerEquipment 2022-09-30 05939010 frs-core:CopyrightsPatentsTrademarksServiceOperatingRights 2023-09-30 05939010 frs-core:CopyrightsPatentsTrademarksServiceOperatingRights 2022-10-01 2023-09-30 05939010 frs-core:CopyrightsPatentsTrademarksServiceOperatingRights 2022-09-30 05939010 frs-core:FurnitureFittings 2023-09-30 05939010 frs-core:FurnitureFittings 2022-10-01 2023-09-30 05939010 frs-core:FurnitureFittings 2022-09-30 05939010 frs-core:NetGoodwill 2023-09-30 05939010 frs-core:NetGoodwill 2022-10-01 2023-09-30 05939010 frs-core:NetGoodwill 2022-09-30 05939010 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-09-30 05939010 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2022-10-01 2023-09-30 05939010 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2022-09-30 05939010 frs-core:MotorVehicles 2023-09-30 05939010 frs-core:MotorVehicles 2022-10-01 2023-09-30 05939010 frs-core:MotorVehicles 2022-09-30 05939010 frs-core:PlantMachinery 2023-09-30 05939010 frs-core:PlantMachinery 2022-10-01 2023-09-30 05939010 frs-core:PlantMachinery 2022-09-30 05939010 frs-core:ShareCapital 2023-09-30 05939010 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30 05939010 frs-bus:PrivateLimitedCompanyLtd 2022-10-01 2023-09-30 05939010 frs-bus:FilletedAccounts 2022-10-01 2023-09-30 05939010 frs-bus:SmallEntities 2022-10-01 2023-09-30 05939010 frs-bus:AuditExempt-NoAccountantsReport 2022-10-01 2023-09-30 05939010 frs-bus:SmallCompaniesRegimeForAccounts 2022-10-01 2023-09-30 05939010 frs-bus:Director1 2022-10-01 2023-09-30 05939010 frs-countries:EnglandWales 2022-10-01 2023-09-30 05939010 2021-09-30 05939010 2022-09-30 05939010 2021-10-01 2022-09-30 05939010 frs-core:CurrentFinancialInstruments 2022-09-30 05939010 frs-core:Non-currentFinancialInstruments 2022-09-30 05939010 frs-core:WithinOneYear 2022-09-30 05939010 frs-core:ShareCapital 2022-09-30 05939010 frs-core:RetainedEarningsAccumulatedLosses 2022-09-30
Registered number: 05939010
The Story Group Limited
Unaudited Financial Statements
For The Year Ended 30 September 2023
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 05939010
2023 2022
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 400 800
Tangible Assets 5 54,242 64,859
54,642 65,659
CURRENT ASSETS
Stocks 6 55,000 60,000
Debtors 7 111,046 123,597
Cash at bank and in hand 2,644 15,360
168,690 198,957
Creditors: Amounts Falling Due Within One Year 8 (581,978 ) (628,876 )
NET CURRENT ASSETS (LIABILITIES) (413,288 ) (429,919 )
TOTAL ASSETS LESS CURRENT LIABILITIES (358,646 ) (364,260 )
Creditors: Amounts Falling Due After More Than One Year 9 (70,000 ) (70,000 )
NET LIABILITIES (428,646 ) (434,260 )
CAPITAL AND RESERVES
Called up share capital 11 20,100 20,100
Profit and Loss Account (448,746 ) (454,360 )
SHAREHOLDERS' FUNDS (428,646) (434,260)
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For the year ending 30 September 2023 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
Mr Luke Hasell
Director
31/10/2024
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
The Story Group Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05939010 . The registered office is Herons Green Farm, Compton Martin, Bristol, BS40 6NL.
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 accounts have been prepared on the going concern basis. The directors have considered the appropriateness of the going concern basis. The company has been able to finance its operations largely because of the support from the director. With their continuing support, the director is satisied that the company will be able to meet its liabilities as they fall due.
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 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.
2.4. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 5 years.
2.5. Intangible Fixed Assets and Amortisation - Intellectual Property
Intellectual property assets have been amortised to the profit and loss account over their estimated economic life of 5 years.
2.6. 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 10% reducing balance
Plant & Machinery 15% reducing balance
Motor Vehicles 25% straight line
Fixtures & Fittings 20% straight line
Computer Equipment 25% straight line
2.7. 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.
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2.8. 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.
2.9. Government Grant
Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.
Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.
Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.
All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 7 (2022: 8)
7 8
4. Intangible Assets
Goodwill Intellectual Property Total
£ £ £
Cost
As at 1 October 2022 2,000 6,556 8,556
As at 30 September 2023 2,000 6,556 8,556
Amortisation
As at 1 October 2022 1,200 6,556 7,756
Provided during the period 400 - 400
As at 30 September 2023 1,600 6,556 8,156
Net Book Value
As at 30 September 2023 400 - 400
As at 1 October 2022 800 - 800
5. Tangible Assets
Land & Property
Leasehold Plant & Machinery Motor Vehicles Fixtures & Fittings
£ £ £ £
Cost
As at 1 October 2022 35,484 106,382 18,195 2,250
As at 30 September 2023 35,484 106,382 18,195 2,250
Depreciation
As at 1 October 2022 20,961 58,594 16,697 1,350
Provided during the period 1,452 7,168 1,498 450
As at 30 September 2023 22,413 65,762 18,195 1,800
...CONTINUED
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Net Book Value
As at 30 September 2023 13,071 40,620 - 450
As at 1 October 2022 14,523 47,788 1,498 900
Computer Equipment Total
£ £
Cost
As at 1 October 2022 199 162,510
As at 30 September 2023 199 162,510
Depreciation
As at 1 October 2022 49 97,651
Provided during the period 49 10,617
As at 30 September 2023 98 108,268
Net Book Value
As at 30 September 2023 101 54,242
As at 1 October 2022 150 64,859
6. Stocks
2023 2022
£ £
Stock 55,000 60,000
7. Debtors
2023 2022
£ £
Due within one year
Trade debtors 104,901 117,480
Other debtors 3,000 3,000
VAT 3,145 3,117
111,046 123,597
8. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Net obligations under finance lease and hire purchase contracts - 1,293
Trade creditors 162,265 209,212
Other taxes and social security 51,636 52,307
Net wages 8,768 8,140
Other creditors 31,752 63,176
Accruals and deferred income 31,722 30,822
Director's loan account 295,835 263,926
581,978 628,876
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9. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans 70,000 70,000
10. Obligations Under Finance Leases and Hire Purchase
2023 2022
£ £
The future minimum finance lease payments are as follows:
Not later than one year - 1,293
11. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 20,100 20,100
12. Related Party Transactions
Included in Creditors due less than one year is an amount due to the Director of £295,835 (2022: £263,926).
Included in Trade Creditors is an amount due to a company under common control of £66,226 (2022: £56,698). 
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