Acorah Software Products - Accounts Production 16.1.200 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 06191313 Miss Sabine Roemer Willsher Secretaries Limited iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06191313 2023-03-31 06191313 2024-03-31 06191313 2023-04-01 2024-03-31 06191313 frs-core:CurrentFinancialInstruments 2024-03-31 06191313 frs-core:Non-currentFinancialInstruments 2024-03-31 06191313 frs-core:FurnitureFittings 2024-03-31 06191313 frs-core:FurnitureFittings 2023-04-01 2024-03-31 06191313 frs-core:FurnitureFittings 2023-03-31 06191313 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-03-31 06191313 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-04-01 2024-03-31 06191313 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-03-31 06191313 frs-core:ShareCapital 2024-03-31 06191313 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 06191313 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 06191313 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 06191313 frs-bus:SmallEntities 2023-04-01 2024-03-31 06191313 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 06191313 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 06191313 frs-bus:Director1 2023-04-01 2024-03-31 06191313 frs-bus:CompanySecretary1 2023-04-01 2024-03-31 06191313 frs-countries:EnglandWales 2023-04-01 2024-03-31 06191313 2022-03-31 06191313 2023-03-31 06191313 2022-04-01 2023-03-31 06191313 frs-core:CurrentFinancialInstruments 2023-03-31 06191313 frs-core:Non-currentFinancialInstruments 2023-03-31 06191313 frs-core:ShareCapital 2023-03-31 06191313 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 06191313
Sabine Roemer Limited
Unaudited Financial Statements
For The Year Ended 31 March 2024
B&SW Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 06191313
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 41,914 42,766
41,914 42,766
CURRENT ASSETS
Stocks 5 65,000 65,000
Debtors 6 49,928 53,634
Cash at bank and in hand 92,917 83,630
207,845 202,264
Creditors: Amounts Falling Due Within One Year 7 (135,469 ) (149,181 )
NET CURRENT ASSETS (LIABILITIES) 72,376 53,083
TOTAL ASSETS LESS CURRENT LIABILITIES 114,290 95,849
Creditors: Amounts Falling Due After More Than One Year 8 (42,768 ) (42,768 )
NET ASSETS 71,522 53,081
CAPITAL AND RESERVES
Called up share capital 9 1 1
Profit and Loss Account 71,521 53,080
SHAREHOLDERS' FUNDS 71,522 53,081
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 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
Miss Sabine Roemer
Director
18/12/2024
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
Sabine Roemer Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06191313 . The registered office is Toad Hall Cattawade Street, Cattawade, Manningtree, CO11 1RG.
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.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
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:
Leasehold 0% Per annum
Fixtures & Fittings 20% Reducing balance
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was as follows 2. 2 (2023: 2)
2 2
Page 3
Page 4
4. Tangible Assets
Land & Property
Leasehold Fixtures & Fittings Total
£ £ £
Cost
As at 1 April 2023 25,000 33,114 58,114
Additions - 4,786 4,786
As at 31 March 2024 25,000 37,900 62,900
Depreciation
As at 1 April 2023 - 15,348 15,348
Provided during the period - 5,638 5,638
As at 31 March 2024 - 20,986 20,986
Net Book Value
As at 31 March 2024 25,000 16,914 41,914
As at 1 April 2023 25,000 17,766 42,766
5. Stocks
2024 2023
£ £
Finished goods 65,000 65,000
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 2,178 -
VAT - 5,884
Amounts owed by other participating interests 47,750 47,750
49,928 53,634
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Corporation tax 8,746 12,491
Other taxes and social security 234 -
VAT 3,370 -
Other creditors 117,415 98,545
Accruals and deferred income 1,886 2,000
Director's loan account 3,818 36,145
135,469 149,181
Page 4
Page 5
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 42,768 42,768
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
Page 5