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 04994664 Mr Andy Footman Mrs Maureen Haynes iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04994664 2023-03-31 04994664 2024-03-31 04994664 2023-04-01 2024-03-31 04994664 frs-core:FurnitureFittings 2023-04-01 2024-03-31 04994664 frs-core:ShareCapital 2024-03-31 04994664 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 04994664 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 04994664 frs-bus:AbridgedAccounts 2023-04-01 2024-03-31 04994664 frs-bus:SmallEntities 2023-04-01 2024-03-31 04994664 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 04994664 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 04994664 frs-bus:Director1 2023-04-01 2024-03-31 04994664 frs-bus:CompanySecretary1 2023-04-01 2024-03-31 04994664 frs-countries:EnglandWales 2023-04-01 2024-03-31 04994664 2022-03-31 04994664 2023-03-31 04994664 2022-04-01 2023-03-31 04994664 frs-core:ShareCapital 2023-03-31 04994664 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 04994664
Q3D Studios Limited
Unaudited ABRIDGED Financial Statements
For The Year Ended 31 March 2024
Contents
Page
Company Information 1
Abridged Balance Sheet 2—3
Notes to the Abridged Financial Statements 4—5
Page 1
Company Information
Director Mr Andy Footman
Secretary Mrs Maureen Haynes
Company Number 04994664
Registered Office 8 Moat Close
Bramley
Tadley
Hampshire
RG26 5AD
Accountants Derbyshire Accountants Limited
Chartered Certified Accountants
2 Fairfield
Whitchurch
Hampshire
RG28 7ES
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Page 2
Abridged Balance Sheet
Registered number: 04994664
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 5,419 7,076
5,419 7,076
CURRENT ASSETS
Stocks 27,475 15,000
Debtors 2,734 1,128
Cash at bank and in hand 51,991 36,183
82,200 52,311
Creditors: Amounts Falling Due Within One Year (43,906 ) (25,307 )
NET CURRENT ASSETS (LIABILITIES) 38,294 27,004
TOTAL ASSETS LESS CURRENT LIABILITIES 43,713 34,080
NET ASSETS 43,713 34,080
CAPITAL AND RESERVES
Called up share capital 5 200 200
Profit and Loss Account 43,513 33,880
SHAREHOLDERS' FUNDS 43,713 34,080
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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.
All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 31 March 2024 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr Andy Footman
Director
20th November 2024
The notes on pages 4 to 5 form part of these financial statements.
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Notes to the Abridged Financial Statements
1. General Information
Q3D Studios Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04994664 . The registered office is 8 Moat Close, Bramley, Tadley, Hampshire, RG26 5AD .
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 rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

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:
Fixtures & Fittings 33% Straight line
2.4. 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.
2.5. 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 year 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 asset reflects 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.
2.6. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
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3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2023: 3)
3 3
4. Tangible Assets
Total
£
Cost
As at 1 April 2023 32,203
Additions 3,652
As at 31 March 2024 35,855
Depreciation
As at 1 April 2023 25,127
Provided during the period 5,309
As at 31 March 2024 30,436
Net Book Value
As at 31 March 2024 5,419
As at 1 April 2023 7,076
5. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 200 200
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