Acorah Software Products - Accounts Production 16.0.110 false true 30 April 2023 1 May 2022 false 1 May 2023 30 April 2024 30 April 2024 10139080 Mrs J Bailey Mr M Bailey Mr P Bailey Mr R Bailey Mr D Bailey iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10139080 2023-04-30 10139080 2024-04-30 10139080 2023-05-01 2024-04-30 10139080 frs-core:CurrentFinancialInstruments 2024-04-30 10139080 frs-core:ComputerEquipment 2024-04-30 10139080 frs-core:ComputerEquipment 2023-05-01 2024-04-30 10139080 frs-core:ComputerEquipment 2023-04-30 10139080 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-04-30 10139080 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 10139080 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-04-30 10139080 frs-core:PlantMachinery 2024-04-30 10139080 frs-core:PlantMachinery 2023-05-01 2024-04-30 10139080 frs-core:PlantMachinery 2023-04-30 10139080 frs-core:ShareCapital 2024-04-30 10139080 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 10139080 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 10139080 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 10139080 frs-bus:SmallEntities 2023-05-01 2024-04-30 10139080 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 10139080 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 10139080 frs-core:UnlistedNon-exchangeTraded 2024-04-30 10139080 frs-core:UnlistedNon-exchangeTraded 2023-04-30 10139080 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-04-30 10139080 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-04-30 10139080 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-04-30 10139080 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-04-30 10139080 frs-bus:Director1 2023-05-01 2024-04-30 10139080 frs-bus:Director2 2023-05-01 2024-04-30 10139080 frs-bus:Director3 2023-05-01 2024-04-30 10139080 frs-bus:Director4 2023-05-01 2024-04-30 10139080 frs-bus:Director5 2023-05-01 2024-04-30 10139080 frs-countries:EnglandWales 2023-05-01 2024-04-30 10139080 2022-04-30 10139080 2023-04-30 10139080 2022-05-01 2023-04-30 10139080 frs-core:CurrentFinancialInstruments 2023-04-30 10139080 frs-core:ShareCapital 2023-04-30 10139080 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30
Registered number: 10139080
B3 Holdings Limited
Unaudited Financial Statements
For The Year Ended 30 April 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 10139080
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 3,063,861 2,838,751
Investments 5 244,270 244,270
3,308,131 3,083,021
CURRENT ASSETS
Debtors 6 145,453 51,847
Cash at bank and in hand 340,316 112,578
485,769 164,425
Creditors: Amounts Falling Due Within One Year 7 (136,452 ) (196,357 )
NET CURRENT ASSETS (LIABILITIES) 349,317 (31,932 )
TOTAL ASSETS LESS CURRENT LIABILITIES 3,657,448 3,051,089
PROVISIONS FOR LIABILITIES
Deferred Taxation (252,000 ) (215,000 )
NET ASSETS 3,405,448 2,836,089
CAPITAL AND RESERVES
Called up share capital 8 244,270 244,270
Profit and Loss Account 3,161,178 2,591,819
SHAREHOLDERS' FUNDS 3,405,448 2,836,089
Page 1
Page 2
For the year ending 30 April 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
Mrs J Bailey
Director
28/11/2024
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
B3 Holdings Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10139080 . The registered office is Longport Mill, Canal Street, Longport, Stoke-On-Trent, Staffordshire, ST6 4LU.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Monetary amounts in these financial statements are rounded to the nearest £.
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 equipment leasing services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

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:
Freehold nil
Plant & Machinery 20% reducing balance
Computer Equipment 25% straight line
The directors consider that the residual value of the property equates to the cost, therefore there is a depreciation charge of £nil in the current and previous year.
2.4. Financial Instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. The basic financial instruments of the company are as follows:

Debtors
Debtors do not carry any interest and are stated at their nominal value. Appropriate allowances for estimated irrecoverable amounts are recoginsed in the Profit and Loss account when there is objective evidence that the asset is impaired.

Cash at bank and in hand
This comprises cash at bank and in hand.

Trade creditors
Trade creditors are not interest bearing and are stated at their nominal value.
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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. Consolidation
The company has taken advantage of the option not to prepare consolidated financial statements contained in Section 398 of the Companies Act 2006 on the basis that the company and its subsidiary undertakings comprise a small group. Therefore these financial statements only cover the individual entity.
2.7. Investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 5 (2023: 5)
5 5
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4. Tangible Assets
Land & Property
Freehold Plant & Machinery Computer Equipment Total
£ £ £ £
Cost
As at 1 May 2023 1,979,173 1,770,510 8,535 3,758,218
Additions 105,120 369,076 - 474,196
Disposals - (20,000 ) - (20,000 )
As at 30 April 2024 2,084,293 2,119,586 8,535 4,212,414
Depreciation
As at 1 May 2023 - 910,932 8,535 919,467
Provided during the period - 244,892 - 244,892
Disposals - (15,806 ) - (15,806 )
As at 30 April 2024 - 1,140,018 8,535 1,148,553
Net Book Value
As at 30 April 2024 2,084,293 979,568 - 3,063,861
As at 1 May 2023 1,979,173 859,578 - 2,838,751
5. Investments
Unlisted
£
Cost
As at 1 May 2023 244,270
As at 30 April 2024 244,270
Provision
As at 1 May 2023 -
As at 30 April 2024 -
Net Book Value
As at 30 April 2024 244,270
As at 1 May 2023 244,270
Investments consist of shares in group undertakings and participating interests.
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Page 6
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 131,856 21,552
Prepayments and accrued income 13,597 1,643
VAT - 28,652
145,453 51,847
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 72,956 70,073
Corporation tax - 81,000
VAT 18,042 -
Accruals and deferred income 1,650 1,480
Amounts owed to subsidiaries 43,804 43,804
136,452 196,357
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 244,270 244,270
Page 6