Acorah Software Products - Accounts Production 15.0.400 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 04197355 Mr Antonio Rizzo iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04197355 2023-03-31 04197355 2024-03-31 04197355 2023-04-01 2024-03-31 04197355 frs-core:CurrentFinancialInstruments 2024-03-31 04197355 frs-core:Non-currentFinancialInstruments 2024-03-31 04197355 frs-core:FurnitureFittings 2024-03-31 04197355 frs-core:FurnitureFittings 2023-04-01 2024-03-31 04197355 frs-core:FurnitureFittings 2023-03-31 04197355 frs-core:NetGoodwill 2024-03-31 04197355 frs-core:NetGoodwill 2023-04-01 2024-03-31 04197355 frs-core:NetGoodwill 2023-03-31 04197355 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-03-31 04197355 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 04197355 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-03-31 04197355 frs-core:ShareCapital 2024-03-31 04197355 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 04197355 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 04197355 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 04197355 frs-bus:SmallEntities 2023-04-01 2024-03-31 04197355 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 04197355 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 04197355 frs-bus:Director1 2023-04-01 2024-03-31 04197355 frs-countries:EnglandWales 2023-04-01 2024-03-31 04197355 2022-03-31 04197355 2023-03-31 04197355 2022-04-01 2023-03-31 04197355 frs-core:CurrentFinancialInstruments 2023-03-31 04197355 frs-core:Non-currentFinancialInstruments 2023-03-31 04197355 frs-core:WithinOneYear 2023-03-31 04197355 frs-core:ShareCapital 2023-03-31 04197355 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 04197355
Sanrizz (Knightsbridge) Limited
Unaudited Financial Statements
For The Year Ended 31 March 2024
Lesstax2pay
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 04197355
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 27,221 27,221
Tangible Assets 5 184,343 186,613
211,564 213,834
CURRENT ASSETS
Stocks 6 10,000 10,000
Debtors 7 112,282 112,025
Cash at bank and in hand 1,424 32,934
123,706 154,959
Creditors: Amounts Falling Due Within One Year 8 (490,979 ) (435,827 )
NET CURRENT ASSETS (LIABILITIES) (367,273 ) (280,868 )
TOTAL ASSETS LESS CURRENT LIABILITIES (155,709 ) (67,034 )
Creditors: Amounts Falling Due After More Than One Year 9 (10,763 ) (21,446 )
NET LIABILITIES (166,472 ) (88,480 )
CAPITAL AND RESERVES
Called up share capital 11 100 100
Profit and Loss Account (166,572 ) (88,580 )
SHAREHOLDERS' FUNDS (166,472) (88,480)
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 Antonio Rizzo
Director
21/10/2024
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
Sanrizz (Knightsbridge) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04197355 . The registered office is Unit 8 Summit Centre, Summit Road, Potters Bar, Hertfordshire, EN6 3QW.
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 - 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 .... years.
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:
Freehold Not Depreciated
Fixtures & Fittings 15% Reducing Balance
2.5. 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.
2.6. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2023: 5)
4 5
Page 3
Page 4
4. Intangible Assets
Goodwill
£
Cost
As at 1 April 2023 45,221
As at 31 March 2024 45,221
Amortisation
As at 1 April 2023 18,000
As at 31 March 2024 18,000
Net Book Value
As at 31 March 2024 27,221
As at 1 April 2023 27,221
5. Tangible Assets
Land & Property
Freehold Fixtures & Fittings Total
£ £ £
Cost
As at 1 April 2023 171,475 174,689 346,164
As at 31 March 2024 171,475 174,689 346,164
Depreciation
As at 1 April 2023 - 159,551 159,551
Provided during the period - 2,270 2,270
As at 31 March 2024 - 161,821 161,821
Net Book Value
As at 31 March 2024 171,475 12,868 184,343
As at 1 April 2023 171,475 15,138 186,613
6. Stocks
2024 2023
£ £
Stock 10,000 10,000
7. Debtors
2024 2023
£ £
Due within one year
Trade debtors 26,976 18,814
Amounts owed by group undertakings - 88,971
Other debtors 85,306 4,240
112,282 112,025
Page 4
Page 5
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts - 8,333
Trade creditors 21,307 3,527
Bank loans and overdrafts 8,333 -
Other creditors 461,339 423,176
Taxation and social security - 791
490,979 435,827
9. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 10,763 21,446
10. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year - 8,333
11. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 5