Acorah Software Products - Accounts Production 16.0.110 false true 31 August 2023 1 September 2022 false 1 September 2023 31 August 2024 31 August 2024 09739488 Andrew Thomassen Joanne Thomassen iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09739488 2023-08-31 09739488 2024-08-31 09739488 2023-09-01 2024-08-31 09739488 frs-core:CurrentFinancialInstruments 2024-08-31 09739488 frs-core:ComputerEquipment 2024-08-31 09739488 frs-core:ComputerEquipment 2023-09-01 2024-08-31 09739488 frs-core:ComputerEquipment 2023-08-31 09739488 frs-core:ShareCapital 2024-08-31 09739488 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 09739488 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 09739488 frs-bus:FilletedAccounts 2023-09-01 2024-08-31 09739488 frs-bus:SmallEntities 2023-09-01 2024-08-31 09739488 frs-bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 09739488 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 09739488 frs-core:CostValuation 2023-08-31 09739488 frs-core:AdditionsToInvestments 2024-08-31 09739488 frs-core:CostValuation 2024-08-31 09739488 frs-core:ProvisionsForImpairmentInvestments 2023-08-31 09739488 frs-core:ProvisionsForImpairmentInvestments 2024-08-31 09739488 frs-bus:Director1 2023-09-01 2024-08-31 09739488 frs-bus:Director1 2023-08-31 09739488 frs-bus:Director1 2024-08-31 09739488 frs-bus:Director2 2023-09-01 2024-08-31 09739488 frs-countries:EnglandWales 2023-09-01 2024-08-31 09739488 2022-08-31 09739488 2023-08-31 09739488 2022-09-01 2023-08-31 09739488 frs-core:CurrentFinancialInstruments 2023-08-31 09739488 frs-core:ShareCapital 2023-08-31 09739488 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31
Registered number: 09739488
Greenkiwi Limited
Unaudited Financial Statements
For The Year Ended 31 August 2024
Contents
Page
Company Information 1
Balance Sheet 2—3
Notes to the Financial Statements 4—6
Page 1
Company Information
Directors Andrew Thomassen
Joanne Thomassen
Company Number 09739488
Registered Office The Old Stables
Hall Lane
Tilbrook, Huntingdon
Cambs
PE28 0JU
Accountants HJP Chartered
Audley House
Northbridge Road
Berkhamsted
Herts
HP4 1EH
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Page 2
Balance Sheet
Registered number: 09739488
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 3,849 -
Investments 5 10 -
3,859 -
CURRENT ASSETS
Stocks 6 1,928 238,805
Debtors 7 203,498 5,995
Cash at bank and in hand 3,242,841 2,368,914
3,448,267 2,613,714
Creditors: Amounts Falling Due Within One Year 8 (403,045 ) (605,909 )
NET CURRENT ASSETS (LIABILITIES) 3,045,222 2,007,805
TOTAL ASSETS LESS CURRENT LIABILITIES 3,049,081 2,007,805
NET ASSETS 3,049,081 2,007,805
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 3,048,981 2,007,705
SHAREHOLDERS' FUNDS 3,049,081 2,007,805
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For the year ending 31 August 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
Andrew Thomassen
Director
31 October 2024
The notes on pages 4 to 6 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Greenkiwi Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09739488 . The registered office is The Old Stables, Hall Lane, Tilbrook, Huntingdon, Cambs, PE28 0JU.
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.
Presentation Currency
The accounts are presented in GBP.
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 rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
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:
Computer Equipment 25% Straight Line
2.4. 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.
2.5. 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.
Current tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 1)
2 1
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4. Tangible Assets
Computer Equipment
£
Cost
As at 1 September 2023 1,643
Additions 5,131
As at 31 August 2024 6,774
Depreciation
As at 1 September 2023 1,643
Provided during the period 1,282
As at 31 August 2024 2,925
Net Book Value
As at 31 August 2024 3,849
As at 1 September 2023 -
5. Investments
Subsidiaries
£
Cost
As at 1 September 2023 -
Additions 10
As at 31 August 2024 10
Provision
As at 1 September 2023 -
As at 31 August 2024 -
Net Book Value
As at 31 August 2024 10
As at 1 September 2023 -
6. Stocks
2024 2023
£ £
Work in progress 1,928 238,805
7. Debtors
2024 2023
£ £
Due within one year
Trade debtors - 1,736
Other debtors 203,498 4,259
203,498 5,995
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8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 673 448
Taxation and social security 402,372 605,461
403,045 605,909
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
10. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 September 2023 Amounts advanced Amounts repaid Amounts written off As at 31 August 2024
£ £ £ £ £
Mr Andrew Thomassen 4,259 65,308 69,264 - 303
At any point the loan exceeded £10,000, interest of 2.25% p.a. was applied to the loan. 
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