Acorah Software Products - Accounts Production 15.0.600 false true true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 06267393 Mr M Tooth Ms S D Wright iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06267393 2023-03-31 06267393 2024-03-31 06267393 2023-04-01 2024-03-31 06267393 frs-core:CurrentFinancialInstruments 2024-03-31 06267393 frs-core:FurnitureFittings 2024-03-31 06267393 frs-core:FurnitureFittings 2023-04-01 2024-03-31 06267393 frs-core:FurnitureFittings 2023-03-31 06267393 frs-core:NetGoodwill 2024-03-31 06267393 frs-core:NetGoodwill 2023-04-01 2024-03-31 06267393 frs-core:NetGoodwill 2023-03-31 06267393 frs-core:PlantMachinery 2024-03-31 06267393 frs-core:PlantMachinery 2023-04-01 2024-03-31 06267393 frs-core:PlantMachinery 2023-03-31 06267393 frs-core:ShareCapital 2024-03-31 06267393 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 06267393 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 06267393 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 06267393 frs-bus:SmallEntities 2023-04-01 2024-03-31 06267393 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 06267393 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 06267393 frs-bus:Director1 2023-04-01 2024-03-31 06267393 frs-bus:CompanySecretary1 2023-04-01 2024-03-31 06267393 frs-countries:EnglandWales 2023-04-01 2024-03-31 06267393 2022-03-31 06267393 2023-03-31 06267393 2022-04-01 2023-03-31 06267393 frs-core:CurrentFinancialInstruments 2023-03-31 06267393 frs-core:ShareCapital 2023-03-31 06267393 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 06267393
The Infinite Screen Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 06267393
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 584 2,141
584 2,141
CURRENT ASSETS
Debtors 6 1,350 2,600
Cash at bank and in hand 1,149 2,453
2,499 5,053
Creditors: Amounts Falling Due Within One Year 7 (17,668 ) (14,153 )
NET CURRENT ASSETS (LIABILITIES) (15,169 ) (9,100 )
TOTAL ASSETS LESS CURRENT LIABILITIES (14,585 ) (6,959 )
NET LIABILITIES (14,585 ) (6,959 )
CAPITAL AND RESERVES
Called up share capital 8 1,000 1,000
Profit and Loss Account (15,585 ) (7,959 )
SHAREHOLDERS' FUNDS (14,585) (6,959)
Page 1
Page 2
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 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 M Tooth
Director
31st October 2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
The Infinite Screen Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 06267393 . The registered office is 4 Cross Street, Beeston, Nottingham, NG9 2NX.
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 director has identified material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern, however, the going concern basis remains appropriate as the director will continue to support the company.
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. 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 33% straight line
Fixtures & Fittings 25% reducing balance
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Intangible Assets
Goodwill
£
Cost
As at 1 April 2023 10,000
As at 31 March 2024 10,000
Amortisation
As at 1 April 2023 10,000
As at 31 March 2024 10,000
...CONTINUED
Page 3
Page 4
Net Book Value
As at 31 March 2024 -
As at 1 April 2023 -
5. Tangible Assets
Plant & Machinery Fixtures & Fittings Total
£ £ £
Cost
As at 1 April 2023 11,220 3,630 14,850
Additions 99 - 99
As at 31 March 2024 11,319 3,630 14,949
Depreciation
As at 1 April 2023 9,394 3,315 12,709
Provided during the period 1,577 79 1,656
As at 31 March 2024 10,971 3,394 14,365
Net Book Value
As at 31 March 2024 348 236 584
As at 1 April 2023 1,826 315 2,141
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 1,250 2,600
Prepayments and accrued income 100 -
1,350 2,600
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Accruals and deferred income 950 850
Director's loan account 16,718 13,303
17,668 14,153
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1,000 1,000
Page 4