Acorah Software Products - Accounts Production 15.0.600 false true true 28 February 2023 1 March 2022 false 1 March 2023 29 February 2024 29 February 2024 08406836 Mr Paul Desbois Mrs Rachel Desbois iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08406836 2023-02-28 08406836 2024-02-29 08406836 2023-03-01 2024-02-29 08406836 frs-core:CurrentFinancialInstruments 2024-02-29 08406836 frs-core:ComputerEquipment 2024-02-29 08406836 frs-core:ComputerEquipment 2023-03-01 2024-02-29 08406836 frs-core:ComputerEquipment 2023-02-28 08406836 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-02-29 08406836 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-03-01 2024-02-29 08406836 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-02-28 08406836 frs-core:PlantMachinery 2024-02-29 08406836 frs-core:PlantMachinery 2023-03-01 2024-02-29 08406836 frs-core:PlantMachinery 2023-02-28 08406836 frs-core:ShareCapital 2024-02-29 08406836 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29 08406836 frs-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 08406836 frs-bus:FilletedAccounts 2023-03-01 2024-02-29 08406836 frs-bus:SmallEntities 2023-03-01 2024-02-29 08406836 frs-bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-29 08406836 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-29 08406836 frs-bus:Director1 2023-03-01 2024-02-29 08406836 frs-bus:Director2 2023-03-01 2024-02-29 08406836 frs-countries:EnglandWales 2023-03-01 2024-02-29 08406836 2022-02-28 08406836 2023-02-28 08406836 2022-03-01 2023-02-28 08406836 frs-core:CurrentFinancialInstruments 2023-02-28 08406836 frs-core:ShareCapital 2023-02-28 08406836 frs-core:RetainedEarningsAccumulatedLosses 2023-02-28
Registered number: 08406836
Centse Limited
Unaudited Financial Statements
For The Year Ended 29 February 2024
Edmonds Accountancy
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 08406836
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 8,433 9,702
8,433 9,702
CURRENT ASSETS
Debtors 6 178 3,828
Cash at bank and in hand 3,071 11,799
3,249 15,627
Creditors: Amounts Falling Due Within One Year 7 (80,317 ) (70,628 )
NET CURRENT ASSETS (LIABILITIES) (77,068 ) (55,001 )
TOTAL ASSETS LESS CURRENT LIABILITIES (68,635 ) (45,299 )
PROVISIONS FOR LIABILITIES
Deferred Taxation 8 (283 ) (378 )
NET LIABILITIES (68,918 ) (45,677 )
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account (69,018 ) (45,777 )
SHAREHOLDERS' FUNDS (68,918) (45,677)
Page 1
Page 2
For the year ending 29 February 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
Mrs Rachel Desbois
Director
20/10/2024
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
Centse Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08406836 . The registered office is Crown House, 27 Old Gloucester Street, London, WC1N 3AX.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial
Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small
Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost
convention.
2.2. Going Concern Disclosure
The directors have confirmed that they will continue to give financial support to the company until such time as the
company's position improves. In addition the directors have confirmed that they will not recall any loans within 12
months. The directors consider that it is appropriate to prepare the financial statements on a going concern basis.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,
value added tax and other sales taxes.
Revenue is recognised as the contractual activities progress
2.4. Tangible Fixed Assets and Depreciation
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,
value added tax and other sales taxes.
Revenue is recognised as the contractual activities progress
Freehold 10% on reducing balance
Plant & Machinery 25% on reducing balance
Computer Equipment 25% on reducing balance
2.5. Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained
Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current or deferred taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or
substantively enacted by the statement of financial position date.
3. Average Number of Employees
The average number of employees during the year was 2 (2023: 2)
2 2
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Computer Equipment Total
£ £ £ £
Cost
As at 1 March 2023 17,917 3,137 6,166 27,220
As at 29 February 2024 17,917 3,137 6,166 27,220
Depreciation
As at 1 March 2023 10,204 2,406 4,908 17,518
Provided during the period 771 183 315 1,269
As at 29 February 2024 10,975 2,589 5,223 18,787
...CONTINUED
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Page 4
Net Book Value
As at 29 February 2024 6,942 548 943 8,433
As at 1 March 2023 7,713 731 1,258 9,702
5. Investments
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors - 3,828
Other debtors 178 -
178 3,828
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 20 2
Other creditors 80,177 64,664
Taxation and social security 120 5,962
80,317 70,628
8. Deferred Taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement
of financial position date.
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from
those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that
have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the
timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will
be recovered against the reversal of deferred tax liabilities or other future taxable profits.
2024 2023
£ £
Other timing differences 283 378
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 4