Acorah Software Products - Accounts Production 16.0.110 false true 30 September 2023 1 October 2022 false 1 October 2023 30 September 2024 30 September 2024 10972595 Miss R Saraogi Miss R Thomson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10972595 2023-09-30 10972595 2024-09-30 10972595 2023-10-01 2024-09-30 10972595 frs-core:CurrentFinancialInstruments 2024-09-30 10972595 frs-core:ShareCapital 2024-09-30 10972595 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 10972595 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 10972595 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 10972595 frs-bus:SmallEntities 2023-10-01 2024-09-30 10972595 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 10972595 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 10972595 frs-core:CostValuation 2023-09-30 10972595 frs-core:CostValuation 2024-09-30 10972595 frs-core:ProvisionsForImpairmentInvestments 2023-09-30 10972595 frs-core:ProvisionsForImpairmentInvestments 2024-09-30 10972595 frs-bus:Director1 2023-10-01 2024-09-30 10972595 frs-bus:Director2 2023-10-01 2024-09-30 10972595 frs-countries:EnglandWales 2023-10-01 2024-09-30 10972595 2022-09-30 10972595 2023-09-30 10972595 2022-10-01 2023-09-30 10972595 frs-core:CurrentFinancialInstruments 2023-09-30 10972595 frs-core:ShareCapital 2023-09-30 10972595 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30
Registered number: 10972595
SISTERHOOD STUDIO LIMITED
Unaudited Financial Statements
For The Year Ended 30 September 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 10972595
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investments 4 100 100
100 100
CURRENT ASSETS
Cash at bank and in hand 18,760 16,804
18,760 16,804
Creditors: Amounts Falling Due Within One Year 5 (5,338 ) (6,253 )
NET CURRENT ASSETS (LIABILITIES) 13,422 10,551
TOTAL ASSETS LESS CURRENT LIABILITIES 13,522 10,651
NET ASSETS 13,522 10,651
CAPITAL AND RESERVES
Called up share capital 6 100 100
Profit and Loss Account 13,422 10,551
SHAREHOLDERS' FUNDS 13,522 10,651
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Page 2
For the year ending 30 September 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
Miss R Thomson
Director
14/11/2024
The notes on pages 3 to 4 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
SISTERHOOD STUDIO LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 10972595 . The registered office is 13 Cleve Road, Flat 10, London, England, NW6 3RP.
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.
2.3. Taxation
Income 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.
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.
2.4. Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Investments
Subsidiaries
£
Cost
As at 1 October 2023 100
As at 30 September 2024 100
Provision
As at 1 October 2023 -
As at 30 September 2024 -
...CONTINUED
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Net Book Value
As at 30 September 2024 100
As at 1 October 2023 100
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Amounts owed to participating interests 455 413
Other creditors 1,752 1,127
Taxation and social security 3,131 4,713
5,338 6,253
6. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
7. Related Party Transactions
Sisterhood School C.I.C100% subsidary of Sisterhood Studio LimitedAmount due from (to) the related party (£455) 2023: (£413)

Sisterhood School C.I.C

100% subsidary of Sisterhood Studio Limited

Amount due from (to) the related party (£455) 2023: (£413)

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