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 8588962 Mr Ian Hunt Mrs Rachael Hunt iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 8588962 2023-03-31 8588962 2024-03-31 8588962 2023-04-01 2024-03-31 8588962 frs-core:CurrentFinancialInstruments 2024-03-31 8588962 frs-core:Non-currentFinancialInstruments 2024-03-31 8588962 frs-core:ComputerEquipment 2024-03-31 8588962 frs-core:ComputerEquipment 2023-04-01 2024-03-31 8588962 frs-core:ComputerEquipment 2023-03-31 8588962 frs-core:FurnitureFittings 2024-03-31 8588962 frs-core:FurnitureFittings 2023-04-01 2024-03-31 8588962 frs-core:FurnitureFittings 2023-03-31 8588962 frs-core:PlantMachinery 2024-03-31 8588962 frs-core:PlantMachinery 2023-04-01 2024-03-31 8588962 frs-core:PlantMachinery 2023-03-31 8588962 frs-core:ShareCapital 2024-03-31 8588962 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 8588962 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 8588962 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 8588962 frs-bus:SmallEntities 2023-04-01 2024-03-31 8588962 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 8588962 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 8588962 frs-bus:Director1 2023-04-01 2024-03-31 8588962 frs-bus:Director2 2023-04-01 2024-03-31 8588962 frs-countries:EnglandWales 2023-04-01 2024-03-31 8588962 2022-03-31 8588962 2023-03-31 8588962 2022-04-01 2023-03-31 8588962 frs-core:CurrentFinancialInstruments 2023-03-31 8588962 frs-core:Non-currentFinancialInstruments 2023-03-31 8588962 frs-core:ShareCapital 2023-03-31 8588962 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 8588962
Sew And Fabric Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2024
Zamu
Health & Wellbeing Innov Ctr
Treliske
Truro
TR1 3FF
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 8588962
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 2,167 2,700
2,167 2,700
CURRENT ASSETS
Stocks 5 21,726 21,437
Debtors 6 (1,585 ) 138
Cash at bank and in hand 7,119 7,716
27,260 29,291
Creditors: Amounts Falling Due Within One Year 7 (68,187 ) (2,469 )
NET CURRENT ASSETS (LIABILITIES) (40,927 ) 26,822
TOTAL ASSETS LESS CURRENT LIABILITIES (38,760 ) 29,522
Creditors: Amounts Falling Due After More Than One Year 8 - (63,636 )
NET LIABILITIES (38,760 ) (34,114 )
CAPITAL AND RESERVES
Called up share capital 9 1 1
Profit and Loss Account (38,761 ) (34,115 )
SHAREHOLDERS' FUNDS (38,760) (34,114)
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 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 Rachael Hunt
Director
23rd December 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
Sew And Fabric Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 8588962 . The registered office is 17 Robartes Road, St Dennis, St Austell, Cornwall, PL26 8DS.
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 Financial Reporting Standard for Smaller Entities (effective April 2008).
2.2. Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. 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 20%
Fixtures & Fittings 20%
Computer Equipment 50%
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. Foreign Currencies
Monetary 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.
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 Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 April 2023 10,614 3,626 250 14,490
As at 31 March 2024 10,614 3,626 250 14,490
Depreciation
As at 1 April 2023 8,711 2,829 250 11,790
Provided during the period 374 159 - 533
As at 31 March 2024 9,085 2,988 250 12,323
Net Book Value
As at 31 March 2024 1,529 638 - 2,167
As at 1 April 2023 1,903 797 - 2,700
5. Stocks
2024 2023
£ £
Stock 21,726 21,437
Page 3
Page 4
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors (1,585 ) 138
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors (137 ) 1,585
Bank loans and overdrafts - 884
Directors' loan accounts 68,324 -
68,187 2,469
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Directors loan account - 63,636
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
Page 4