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 10696733 Mr Adam Marshall Mr Adam Marshall iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10696733 2023-03-31 10696733 2024-03-31 10696733 2023-04-01 2024-03-31 10696733 frs-core:CurrentFinancialInstruments 2024-03-31 10696733 frs-core:Non-currentFinancialInstruments 2024-03-31 10696733 frs-core:ComputerEquipment 2024-03-31 10696733 frs-core:ComputerEquipment 2023-04-01 2024-03-31 10696733 frs-core:ComputerEquipment 2023-03-31 10696733 frs-core:FurnitureFittings 2024-03-31 10696733 frs-core:FurnitureFittings 2023-04-01 2024-03-31 10696733 frs-core:FurnitureFittings 2023-03-31 10696733 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-03-31 10696733 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-04-01 2024-03-31 10696733 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-03-31 10696733 frs-core:MotorVehicles 2023-04-01 2024-03-31 10696733 frs-core:PlantMachinery 2024-03-31 10696733 frs-core:PlantMachinery 2023-04-01 2024-03-31 10696733 frs-core:PlantMachinery 2023-03-31 10696733 frs-core:ShareCapital 2024-03-31 10696733 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 10696733 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 10696733 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 10696733 frs-bus:SmallEntities 2023-04-01 2024-03-31 10696733 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 10696733 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 10696733 frs-bus:Director1 2023-04-01 2024-03-31 10696733 frs-bus:CompanySecretary1 2023-04-01 2024-03-31 10696733 frs-countries:EnglandWales 2023-04-01 2024-03-31 10696733 2022-03-31 10696733 2023-03-31 10696733 2022-04-01 2023-03-31 10696733 frs-core:CurrentFinancialInstruments 2023-03-31 10696733 frs-core:Non-currentFinancialInstruments 2023-03-31 10696733 frs-core:ShareCapital 2023-03-31 10696733 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 10696733
Ambar Entertainment Limited
Unaudited Financial Statements
For The Year Ended 31 March 2024
Jeffers Accounting
Management Accountants
Suite 201 Churchill House
120 Bunns Lane
Mill Hill
London
NW7 2AS
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 10696733
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 926,458 976,175
926,458 976,175
CURRENT ASSETS
Stocks 5 14,208 23,722
Debtors 6 78,297 80,720
Cash at bank and in hand 55,820 143,224
148,325 247,666
Creditors: Amounts Falling Due Within One Year 7 (458,998 ) (590,116 )
NET CURRENT ASSETS (LIABILITIES) (310,673 ) (342,450 )
TOTAL ASSETS LESS CURRENT LIABILITIES 615,785 633,725
Creditors: Amounts Falling Due After More Than One Year 8 (846,398 ) (884,641 )
NET LIABILITIES (230,613 ) (250,916 )
CAPITAL AND RESERVES
Called up share capital 9 1 1
Profit and Loss Account (230,614 ) (250,917 )
SHAREHOLDERS' FUNDS (230,613) (250,916)
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 his 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 Adam Marshall
Director
08/01/2025
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
Ambar Entertainment Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10696733 . The registered office is Unit 1 , 4 Kingdom Street, London, W2 6BD.
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 8%
Plant & Machinery 20%
Motor Vehicles 20%
Fixtures & Fittings 15%
Computer Equipment 33%
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 12 (2023: 12)
12 12
4. Tangible Assets
Land & Property
Leasehold Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 April 2023 845,898 128,275 164,524 8,229 1,146,926
Additions - 1,825 2,203 - 4,028
As at 31 March 2024 845,898 130,100 166,727 8,229 1,150,954
...CONTINUED
Page 3
Page 4
Depreciation
As at 1 April 2023 - 74,790 93,163 2,798 170,751
Provided during the period - 26,020 25,009 2,716 53,745
As at 31 March 2024 - 100,810 118,172 5,514 224,496
Net Book Value
As at 31 March 2024 845,898 29,290 48,555 2,715 926,458
As at 1 April 2023 845,898 53,485 71,361 5,431 976,175
5. Stocks
2024 2023
£ £
Stock 14,208 23,722
6. Debtors
2024 2023
£ £
Due within one year
Other debtors 78,297 80,720
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 157,656 151,433
Bank loans and overdrafts 227,819 14,988
Other creditors 36,749 333,492
Taxation and social security 36,774 90,203
458,998 590,116
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Lloyds Bank - CBILs Loan >1 year 33,472 51,667
NCF Finance Ltd > 1 year 56,586 98,838
Funding Circle > 1 year 118,276 135,726
Other creditors 638,064 598,410
846,398 884,641
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
Page 4