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 09602623 Mr Mark Backler iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09602623 2023-05-31 09602623 2024-05-31 09602623 2023-06-01 2024-05-31 09602623 frs-core:CurrentFinancialInstruments 2024-05-31 09602623 frs-core:ComputerEquipment 2024-05-31 09602623 frs-core:ComputerEquipment 2023-06-01 2024-05-31 09602623 frs-core:ComputerEquipment 2023-05-31 09602623 frs-core:PlantMachinery 2024-05-31 09602623 frs-core:PlantMachinery 2023-06-01 2024-05-31 09602623 frs-core:PlantMachinery 2023-05-31 09602623 frs-core:SharePremium 2024-05-31 09602623 frs-core:ShareCapital 2024-05-31 09602623 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 09602623 frs-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 09602623 frs-bus:FilletedAccounts 2023-06-01 2024-05-31 09602623 frs-bus:SmallEntities 2023-06-01 2024-05-31 09602623 frs-bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 09602623 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 09602623 frs-bus:Director1 2023-06-01 2024-05-31 09602623 frs-countries:EnglandWales 2023-06-01 2024-05-31 09602623 2022-05-31 09602623 2023-05-31 09602623 2022-06-01 2023-05-31 09602623 frs-core:CurrentFinancialInstruments 2023-05-31 09602623 frs-core:SharePremium 2023-05-31 09602623 frs-core:ShareCapital 2023-05-31 09602623 frs-core:RetainedEarningsAccumulatedLosses 2023-05-31
Registered number: 09602623
Fourth State Ltd
Unaudited Financial Statements
For The Year Ended 31 May 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 09602623
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 929 1,837
929 1,837
CURRENT ASSETS
Debtors 5 621 486
Cash at bank and in hand 21,318 110,475
21,939 110,961
Creditors: Amounts Falling Due Within One Year 6 (38,953 ) (30,910 )
NET CURRENT ASSETS (LIABILITIES) (17,014 ) 80,051
TOTAL ASSETS LESS CURRENT LIABILITIES (16,085 ) 81,888
NET (LIABILITIES)/ASSETS (16,085 ) 81,888
CAPITAL AND RESERVES
Called up share capital 7 957 957
Share premium account 87,516 87,516
Profit and Loss Account (104,558 ) (6,585 )
SHAREHOLDERS' FUNDS (16,085) 81,888
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 Mark Backler
Director
19 November 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
Fourth State Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09602623 . The registered office is The Green House, Block C, Unit 2, Colchester, Essex, CO4 3ZL.
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 recognised at the fair value of the consideration received or receivable for products provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Revenue from the sale of video game licences is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer (usually on dispatch or download) , the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured 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 Straight line over 3 years
Computer Equipment Straight line over 3 years
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 1 June 2023 1,543 1,507 3,050
As at 31 May 2024 1,543 1,507 3,050
Depreciation
As at 1 June 2023 343 870 1,213
Provided during the period 514 394 908
As at 31 May 2024 857 1,264 2,121
...CONTINUED
Page 3
Page 4
Net Book Value
As at 31 May 2024 686 243 929
As at 1 June 2023 1,200 637 1,837
5. Debtors
2024 2023
£ £
Due within one year
Prepayments and accrued income 327 126
VAT 221 287
Called up share capital not paid 73 73
621 486
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other creditors 2,340 2,340
Accruals and deferred income 36,565 28,531
Director's loan account 48 39
38,953 30,910
7. Share Capital
2024 2023
£ £
Called Up Share Capital not Paid 73 73
Called Up Share Capital has been paid up 884 884
Amount of Allotted, Called Up Share Capital 957 957
Page 4