Acorah Software Products - Accounts Production 16.0.110 false true 31 May 2023 1 June 2022 false 1 June 2023 31 May 2024 31 May 2024 09604959 Mr Patrick Boxell iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09604959 2023-05-31 09604959 2024-05-31 09604959 2023-06-01 2024-05-31 09604959 frs-core:CurrentFinancialInstruments 2024-05-31 09604959 frs-core:Non-currentFinancialInstruments 2024-05-31 09604959 frs-core:ComputerEquipment 2024-05-31 09604959 frs-core:ComputerEquipment 2023-06-01 2024-05-31 09604959 frs-core:ComputerEquipment 2023-05-31 09604959 frs-core:FurnitureFittings 2024-05-31 09604959 frs-core:FurnitureFittings 2023-06-01 2024-05-31 09604959 frs-core:FurnitureFittings 2023-05-31 09604959 frs-core:PlantMachinery 2024-05-31 09604959 frs-core:PlantMachinery 2023-06-01 2024-05-31 09604959 frs-core:PlantMachinery 2023-05-31 09604959 frs-core:ShareCapital 2024-05-31 09604959 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 09604959 frs-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 09604959 frs-bus:FilletedAccounts 2023-06-01 2024-05-31 09604959 frs-bus:SmallEntities 2023-06-01 2024-05-31 09604959 frs-bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 09604959 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 09604959 frs-bus:Director1 2023-06-01 2024-05-31 09604959 frs-core:CurrentFinancialInstruments 1 2024-05-31 09604959 frs-countries:EnglandWales 2023-06-01 2024-05-31 09604959 2022-05-31 09604959 2023-05-31 09604959 2022-06-01 2023-05-31 09604959 frs-core:CurrentFinancialInstruments 2023-05-31 09604959 frs-core:Non-currentFinancialInstruments 2023-05-31 09604959 frs-core:ShareCapital 2023-05-31 09604959 frs-core:RetainedEarningsAccumulatedLosses 2023-05-31 09604959 frs-core:CurrentFinancialInstruments 1 2023-05-31
Registered number: 09604959
Apron Design Limited
Unaudited Financial Statements
For The Year Ended 31 May 2024
Clouders (Audit & Accounts) Ltd
Charter House
103-105 Leigh Road
Leigh-on-Sea
Essex
SS9 1JL
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 09604959
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 12,078 9,383
12,078 9,383
CURRENT ASSETS
Debtors 5 8,965 11,465
Cash at bank and in hand 22,807 7,375
31,772 18,840
Creditors: Amounts Falling Due Within One Year 6 (42,888 ) (36,691 )
NET CURRENT ASSETS (LIABILITIES) (11,116 ) (17,851 )
TOTAL ASSETS LESS CURRENT LIABILITIES 962 (8,468 )
Creditors: Amounts Falling Due After More Than One Year 7 (4,059 ) (7,292 )
NET LIABILITIES (3,097 ) (15,760 )
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account (3,197 ) (15,860 )
SHAREHOLDERS' FUNDS (3,097) (15,760)
Page 1
Page 2
For the year ending 31 May 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 Patrick Boxell
Director
18/11/2024
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
Apron Design Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09604959 . The registered office is Charter House, 103-105 Leigh Road, Leigh-on-Sea, Essex, SS9 1JL.
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. 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% on reducing balance
Fixtures & Fittings 25% on reducing balance
Computer Equipment 33% on cost
2.4. Taxation
Corporation tax expense represents the sum of the tax currently payable and deferred tax.
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.
...CONTINUED
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2.4. Taxation - continued
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred 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: 3 (2023: 3)
3 3
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 June 2023 465 8,697 2,845 12,007
Additions - 4,789 2,166 6,955
As at 31 May 2024 465 13,486 5,011 18,962
Depreciation
As at 1 June 2023 104 1,200 1,320 2,624
Provided during the period 90 2,702 1,468 4,260
As at 31 May 2024 194 3,902 2,788 6,884
Net Book Value
As at 31 May 2024 271 9,584 2,223 12,078
As at 1 June 2023 361 7,497 1,525 9,383
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5. Debtors
2024 2023
£ £
Due within one year
Amounts recoverable on contracts 5,500 8,000
Rent deposit 3,465 3,465
8,965 11,465
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 253 269
Bank loans and overdrafts 3,500 12,233
Corporation tax 26,371 11,033
Other taxes and social security 259 1,229
VAT 10,223 6,907
Other creditors - 1,100
Pension control 82 154
Accrued expenses 1,348 1,243
Director's loan account 852 2,523
42,888 36,691
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 4,059 7,292
4,059 7,292
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
9. Dividends
2024 2023
£ £
On equity shares:
Interim dividend paid 77,000 42,000
77,000 42,000
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