Acorah Software Products - Accounts Production 16.0.110 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 05983892 Mr Nicholas Papadopoulos Ms Sarah Reading Mr N Papadopoulos true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05983892 2023-03-31 05983892 2024-03-31 05983892 2023-04-01 2024-03-31 05983892 frs-core:CurrentFinancialInstruments 2024-03-31 05983892 frs-core:Non-currentFinancialInstruments 2024-03-31 05983892 frs-core:ComputerEquipment 2024-03-31 05983892 frs-core:ComputerEquipment 2023-04-01 2024-03-31 05983892 frs-core:ComputerEquipment 2023-03-31 05983892 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-04-01 2024-03-31 05983892 frs-core:OtherResidualIntangibleAssets 2024-03-31 05983892 frs-core:OtherResidualIntangibleAssets 2023-04-01 2024-03-31 05983892 frs-core:OtherResidualIntangibleAssets 2023-03-31 05983892 frs-core:ShareCapital 2024-03-31 05983892 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 05983892 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 05983892 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 05983892 frs-bus:SmallEntities 2023-04-01 2024-03-31 05983892 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 05983892 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 05983892 1 2023-04-01 2024-03-31 05983892 frs-bus:Director1 2023-04-01 2024-03-31 05983892 frs-bus:CompanySecretary1 2023-04-01 2024-03-31 05983892 frs-countries:EnglandWales 2023-04-01 2024-03-31 05983892 2022-03-31 05983892 2023-03-31 05983892 2022-04-01 2023-03-31 05983892 frs-core:CurrentFinancialInstruments 2023-03-31 05983892 frs-core:Non-currentFinancialInstruments 2023-03-31 05983892 frs-core:ShareCapital 2023-03-31 05983892 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 05983892
Anemos Creative Ltd.
Unaudited Financial Statements
For The Year Ended 31 March 2024
ChadSan Limited
Castle House
Castle Street
Guildford
GU1 3UW
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 05983892
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 54,381 55,420
Tangible Assets 5 529 1,607
54,910 57,027
CURRENT ASSETS
Debtors 6 7,782 7,631
Cash at bank and in hand 5,741 8,604
13,523 16,235
Creditors: Amounts Falling Due Within One Year 7 (34,380 ) (33,946 )
NET CURRENT ASSETS (LIABILITIES) (20,857 ) (17,711 )
TOTAL ASSETS LESS CURRENT LIABILITIES 34,053 39,316
Creditors: Amounts Falling Due After More Than One Year 8 (3,047 ) (5,332 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (132 ) (402 )
NET ASSETS 30,874 33,582
CAPITAL AND RESERVES
Called up share capital 9 2 2
Profit and Loss Account 30,872 33,580
SHAREHOLDERS' FUNDS 30,874 33,582
Page 1
Page 2
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.
On behalf of the board
Mr Nicholas Papadopoulos
Director
19th November 2024
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Anemos Creative Ltd. is a private company, limited by shares, incorporated in England & Wales, registered number 05983892 . The registered office is Oak House, Silchester Road, Tadley, Bramley, RG26 5DG.
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.
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. Intangible Fixed Assets and Amortisation - Other Intangible
The purchase of the business combination is recognised at cost less accumulated amortisation. The carrying amount of the goodwill is disclosed at the beinging and the end of the reporting period. Other intangibles are amortised over a period of 20 years.
Other intangibles include cryptoassets and are held at market value, with revaluations being posted to the profit and loss.
2.4. 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:
Computer Equipment 33%
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 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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2.5. 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: 1 (2023: 1)
1 1
4. Intangible Assets
Other
£
Cost or Valuation
As at 1 April 2023 97,336
Revaluations 3,625
As at 31 March 2024 100,961
Amortisation
As at 1 April 2023 41,916
Provided during the period 4,664
As at 31 March 2024 46,580
Net Book Value
As at 31 March 2024 54,381
As at 1 April 2023 55,420
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5. Tangible Assets
Computer Equipment
£
Cost
As at 1 April 2023 7,821
As at 31 March 2024 7,821
Depreciation
As at 1 April 2023 6,214
Provided during the period 1,078
As at 31 March 2024 7,292
Net Book Value
As at 31 March 2024 529
As at 1 April 2023 1,607
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 256 256
Other debtors 266 363
522 619
Due after more than one year
Other debtors 7,260 7,012
7,782 7,631
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Bank loans and overdrafts 2,519 2,692
Other creditors 28,000 25,364
Taxation and social security 3,861 5,890
34,380 33,946
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 3,047 5,332
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9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
10. Related Party Transactions
During the year dividends of £14,000 (2023: £12,000) were paid to the director.
11. Ultimate Controlling Party
The company's ultimate controlling party is Mr N Papadopoulos by virtue of his ownership of 100% of the issued share capital in the company.
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