Acorah Software Products - Accounts Production 16.0.110 false true true false 2 March 2023 31 March 2024 31 March 2024 14700068 Mrs Elizabeth McCarthy iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14700068 2023-03-01 14700068 2024-03-31 14700068 2023-03-02 2024-03-31 14700068 frs-core:CurrentFinancialInstruments 2024-03-31 14700068 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-03-31 14700068 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-03-02 2024-03-31 14700068 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-03-01 14700068 frs-core:ShareCapital 2024-03-31 14700068 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 14700068 frs-bus:PrivateLimitedCompanyLtd 2023-03-02 2024-03-31 14700068 frs-bus:FilletedAccounts 2023-03-02 2024-03-31 14700068 frs-bus:SmallEntities 2023-03-02 2024-03-31 14700068 frs-bus:AuditExempt-NoAccountantsReport 2023-03-02 2024-03-31 14700068 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-02 2024-03-31 14700068 frs-bus:Director1 2023-03-02 2024-03-31 14700068 frs-countries:EnglandWales 2023-03-02 2024-03-31
Registered number: 14700068
Scentiana Limited
Unaudited Financial Statements
For the Period 2 March 2023 to 31 March 2024
The Wow Company UK Ltd
3rd Floor, 86-90 Paul Street
London
EC2A 4NE
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 14700068
31 March 2024
Notes £ £
FIXED ASSETS
Intangible Assets 4 210,666
210,666
CURRENT ASSETS
Stocks 5 24,068
Debtors 6 85,763
Cash at bank and in hand 22,612
132,443
Creditors: Amounts Falling Due Within One Year 7 (732,739 )
NET CURRENT ASSETS (LIABILITIES) (600,296 )
TOTAL ASSETS LESS CURRENT LIABILITIES (389,630 )
NET LIABILITIES (389,630 )
CAPITAL AND RESERVES
Called up share capital 8 1
Profit and Loss Account (389,631 )
SHAREHOLDERS' FUNDS (389,630)
Page 1
Page 2
For the period 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 her 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 Elizabeth McCarthy
Director
2 December 2024
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Scentiana Limited is a private company, limited by shares, incorporated in England & Wales, the registered number is 14700068 . The registered office is 104a Park Street, London, W1K 6NY.
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. Going Concern Disclosure
The directors believe the company to be a going concern and will continue to give their support to the company over the next 12 months. 
2.3. 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 is recognised at the point that the customer takes delivery of the goods. 
2.4. Research and Development
In the research phase of an internal project it is not possible to demonstrate that the project will generate future economic benefits and hence all expenditure on research is recognised as an expense when it is incurred. Intangible assets are recognised from the development phase of a project if and only if certain specific criteria are met in order to demonstrate the asset will generate probable future economic benefits and that its cost can be reliably measured. The capitalised development costs are subsequently amortised to ... on a straight line basis over their expected useful economic lives, which range from ... to ... years.
If it is not possible to distinguish between the research phase and the development phase of an internal project the expenditure is treated as if it were all incurred in the research phase only.
2.5. Stocks and Work in Progress
Stock
Stocks are valued at the lower of cost and estimated selling price less costs to complete and sell. 
2.6. Financial Instruments
Financial assets and financial liabilities are recognised in the balance sheet when the company becomes a party to the contractual provisions of the instrument.
Trade and other debtors and creditors are classified as basic financial instruments and measured at initial
recognition at transaction price. Debtors and creditors are subsequently measured at amortised cost using the effective interest rate method. A provision is established when there is objective evidence that the company will not be able to collect all amounts due.
Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank and bank overdrafts.
Financial liabilities and equity instruments issued by the company are classified in accordance with the
substance of the contractual arrangements entered into and the definitions of a financial liability and an equity instrument. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Equity instruments issued by the company are recorded at the proceeds received, net of direct issue costs.
Page 3
Page 4
2.7. Foreign Currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.8. Taxation
The taxation expense represents the sum of the tax currently payable and deferred tax. 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.
Current tax
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account 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 
Deferred tax has not been recognised as it is not material to the financial statements. The director will review this annually. 
3. Average Number of Employees
Average number of employees, including directors, during the period was: 1
1
4. Intangible Assets
Development costs
£
Cost
As at 2 March 2023 -
Additions 210,666
As at 31 March 2024 210,666
Net Book Value
As at 31 March 2024 210,666
As at 2 March 2023 -
5. Stocks
31 March 2024
£
Stock 24,068
Page 4
Page 5
6. Debtors
31 March 2024
£
Due within one year
Trade debtors 172
Other debtors 85,591
85,763
7. Creditors: Amounts Falling Due Within One Year
31 March 2024
£
Trade creditors 36,448
Other creditors 696,291
732,739
8. Share Capital
31 March 2024
£
Allotted, Called up and fully paid 1
Page 5