Acorah Software Products - Accounts Production 14.5.601 false true 30 April 2022 1 May 2021 false 1 May 2022 30 April 2023 30 April 2023 13339191 Miss Tora Lambie iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13339191 2022-04-30 13339191 2023-04-30 13339191 2022-05-01 2023-04-30 13339191 frs-core:CurrentFinancialInstruments 2023-04-30 13339191 frs-core:PlantMachinery 2023-04-30 13339191 frs-core:PlantMachinery 2022-05-01 2023-04-30 13339191 frs-core:PlantMachinery 2022-04-30 13339191 frs-core:ShareCapital 2023-04-30 13339191 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30 13339191 frs-bus:PrivateLimitedCompanyLtd 2022-05-01 2023-04-30 13339191 frs-bus:FilletedAccounts 2022-05-01 2023-04-30 13339191 frs-bus:SmallEntities 2022-05-01 2023-04-30 13339191 frs-bus:AuditExempt-NoAccountantsReport 2022-05-01 2023-04-30 13339191 frs-bus:SmallCompaniesRegimeForAccounts 2022-05-01 2023-04-30 13339191 frs-bus:Director1 2022-05-01 2023-04-30 13339191 frs-countries:EnglandWales 2022-05-01 2023-04-30 13339191 2021-04-30 13339191 2022-04-30 13339191 2021-05-01 2022-04-30 13339191 frs-core:CurrentFinancialInstruments 2022-04-30 13339191 frs-core:ShareCapital 2022-04-30 13339191 frs-core:RetainedEarningsAccumulatedLosses 2022-04-30
Registered number: 13339191
Southend Road Ltd
Financial Statements
For The Year Ended 30 April 2023
MSE Business Management LLP
Association of Chartered Certified Accountants
1st Floor
104 Oxford Street
London
Greater London
W1D 1LP
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 13339191
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 569 -
569 -
CURRENT ASSETS
Debtors 5 15,729 51,872
Cash at bank and in hand 4,922 1,514
20,651 53,386
Creditors: Amounts Falling Due Within One Year 6 (21,001 ) (53,156 )
NET CURRENT ASSETS (LIABILITIES) (350 ) 230
TOTAL ASSETS LESS CURRENT LIABILITIES 219 230
NET ASSETS 219 230
CAPITAL AND RESERVES
Called up share capital 7 1 1
Profit and Loss Account 218 229
SHAREHOLDERS' FUNDS 219 230
Page 1
Page 2
For the year ending 30 April 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 her 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
Miss Tora Lambie
Director
29/10/2024
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
Southend Road Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13339191 . The registered office is Camden Collective, 5-7 Buck Street, London, NW1 8NJ.
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 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:
Plant & Machinery 25% Straightline
2.4. Financial Instruments
The company has only basic financial instruments.
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method.
Basic financial liabilities
Basic financial liabilities, which include creditors and bank loans, are initially recognised at transaction price unless the arrangement constitutes a financing transactions.
2.5. 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.
2.6. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2022: 1)
1 1
Page 3
Page 4
4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 May 2022 -
Additions 759
As at 30 April 2023 759
Depreciation
As at 1 May 2022 -
Provided during the period 190
As at 30 April 2023 190
Net Book Value
As at 30 April 2023 569
As at 1 May 2022 -
5. Debtors
2023 2022
£ £
Due within one year
Trade debtors 13,879 4,265
Prepayments and accrued income - 47,607
Corporation tax recoverable assets 1,850 -
15,729 51,872
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 5,663 1,740
Corporation tax 211 2,400
VAT 9,125 1,699
Accruals and deferred income 5,780 39,594
Director's loan account 222 7,723
21,001 53,156
7. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 1 1
Page 4