Acorah Software Products - Accounts Production 16.1.200 false true 30 April 2023 1 May 2022 false 1 May 2023 30 April 2024 30 April 2024 07211507 Mrs D M Jones Mr C M Jones iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07211507 2023-04-30 07211507 2024-04-30 07211507 2023-05-01 2024-04-30 07211507 frs-core:CurrentFinancialInstruments 2024-04-30 07211507 frs-core:Non-currentFinancialInstruments 2024-04-30 07211507 frs-core:BetweenOneFiveYears 2024-04-30 07211507 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-04-30 07211507 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-05-01 2024-04-30 07211507 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-04-30 07211507 frs-core:MotorVehicles 2024-04-30 07211507 frs-core:MotorVehicles 2023-05-01 2024-04-30 07211507 frs-core:MotorVehicles 2023-04-30 07211507 frs-core:PlantMachinery 2024-04-30 07211507 frs-core:PlantMachinery 2023-05-01 2024-04-30 07211507 frs-core:PlantMachinery 2023-04-30 07211507 frs-core:WithinOneYear 2024-04-30 07211507 frs-core:ShareCapital 2024-04-30 07211507 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 07211507 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 07211507 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 07211507 frs-bus:SmallEntities 2023-05-01 2024-04-30 07211507 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 07211507 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 07211507 frs-bus:Director1 2023-05-01 2024-04-30 07211507 frs-bus:Director2 2023-05-01 2024-04-30 07211507 frs-countries:EnglandWales 2023-05-01 2024-04-30 07211507 2022-04-30 07211507 2023-04-30 07211507 2022-05-01 2023-04-30 07211507 frs-core:CurrentFinancialInstruments 2023-04-30 07211507 frs-core:Non-currentFinancialInstruments 2023-04-30 07211507 frs-core:BetweenOneFiveYears 2023-04-30 07211507 frs-core:WithinOneYear 2023-04-30 07211507 frs-core:ShareCapital 2023-04-30 07211507 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30
Registered number: 07211507
SMARTcurriculum Ltd
Unaudited Financial Statements
For The Year Ended 30 April 2024
HB Counters - Essex Ltd
Balance Sheet
Registered number: 07211507
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 13,824 9,408
Tangible Assets 5 20,370 24,855
34,194 34,263
CURRENT ASSETS
Stocks 6 - 2,275
Debtors 7 29,301 18,012
Cash at bank and in hand 14,003 21,928
43,304 42,215
Creditors: Amounts Falling Due Within One Year 8 (51,348 ) (36,743 )
NET CURRENT ASSETS (LIABILITIES) (8,044 ) 5,472
TOTAL ASSETS LESS CURRENT LIABILITIES 26,150 39,735
Creditors: Amounts Falling Due After More Than One Year 9 (15,508 ) (37,994 )
NET ASSETS 10,642 1,741
CAPITAL AND RESERVES
Called up share capital 11 100 100
Profit and Loss Account 10,542 1,641
SHAREHOLDERS' FUNDS 10,642 1,741
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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
Mr C M Jones
Director
19/12/2024
The notes on pages 2 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
SMARTcurriculum Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 07211507 . The registered office is Fleet House, Unit 3, 1 Armstrong Road, Benfleet , Essex, SS7 4FH.
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. Research and Development
Expenditure on research and development is written off in the year it is incurred.
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:
Plant & Machinery 20% Reducing balance
Motor Vehicles 25% Reducing balance
2.5. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
2.6. 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.
2.7. 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.
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2.8. 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.
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 and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are 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: 6 (2023: 4)
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4. Intangible Assets
Development Costs
£
Cost
As at 1 May 2023 14,112
Additions 13,680
As at 30 April 2024 27,792
Amortisation
As at 1 May 2023 4,704
Provided during the period 9,264
As at 30 April 2024 13,968
Net Book Value
As at 30 April 2024 13,824
As at 1 May 2023 9,408
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5. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 1 May 2023 10,136 29,651 39,787
Additions 1,997 - 1,997
As at 30 April 2024 12,133 29,651 41,784
Depreciation
As at 1 May 2023 7,519 7,413 14,932
Provided during the period 922 5,560 6,482
As at 30 April 2024 8,441 12,973 21,414
Net Book Value
As at 30 April 2024 3,692 16,678 20,370
As at 1 May 2023 2,617 22,238 24,855
6. Stocks
2024 2023
£ £
Work in progress - 2,275
7. Debtors
2024 2023
£ £
Due within one year
Trade debtors 29,301 13,746
Prepayments and accrued income - 4,266
29,301 18,012
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 4,461 21,961
Trade creditors 9,364 254
Bank loans and overdrafts 17,870 -
Corporation tax 2,664 17
Other taxes and social security 1,835 1,781
VAT 3,296 1,858
Other creditors 3,845 2,654
Directors' loan accounts 8,013 8,218
51,348 36,743
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9. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 15,508 37,994
15,508 37,994
10. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 4,461 21,961
Later than one year and not later than five years 15,508 37,994
19,969 59,955
19,969 59,955
11. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
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