Acorah Software Products - Accounts Production 16.1.200 false true 30 September 2023 1 October 2022 false 1 October 2023 30 September 2024 30 September 2024 07381731 Mr Paul Warner iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07381731 2023-09-30 07381731 2024-09-30 07381731 2023-10-01 2024-09-30 07381731 frs-core:CurrentFinancialInstruments 2024-09-30 07381731 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-10-01 2024-09-30 07381731 frs-core:FurnitureFittings 2024-09-30 07381731 frs-core:FurnitureFittings 2023-10-01 2024-09-30 07381731 frs-core:FurnitureFittings 2023-09-30 07381731 frs-core:MotorVehicles 2024-09-30 07381731 frs-core:MotorVehicles 2023-10-01 2024-09-30 07381731 frs-core:MotorVehicles 2023-09-30 07381731 frs-core:OtherResidualIntangibleAssets 2024-09-30 07381731 frs-core:OtherResidualIntangibleAssets 2023-10-01 2024-09-30 07381731 frs-core:OtherResidualIntangibleAssets 2023-09-30 07381731 frs-core:PlantMachinery 2024-09-30 07381731 frs-core:PlantMachinery 2023-10-01 2024-09-30 07381731 frs-core:PlantMachinery 2023-09-30 07381731 frs-core:ShareCapital 2024-09-30 07381731 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 07381731 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 07381731 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 07381731 frs-bus:SmallEntities 2023-10-01 2024-09-30 07381731 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 07381731 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 07381731 frs-core:CostValuation 2023-09-30 07381731 frs-core:CostValuation 2024-09-30 07381731 frs-core:ProvisionsForImpairmentInvestments 2023-09-30 07381731 frs-core:ProvisionsForImpairmentInvestments 2024-09-30 07381731 frs-bus:Director1 2023-10-01 2024-09-30 07381731 frs-countries:EnglandWales 2023-10-01 2024-09-30 07381731 2022-09-30 07381731 2023-09-30 07381731 2022-10-01 2023-09-30 07381731 frs-core:CurrentFinancialInstruments 2023-09-30 07381731 frs-core:ShareCapital 2023-09-30 07381731 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30
Registered number: 07381731
S10 Supplies Ltd
Financial Statements
For The Year Ended 30 September 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 07381731
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 26,481 34,381
Tangible Assets 5 4,061 6,326
Investments 6 1,300 1,300
31,842 42,007
CURRENT ASSETS
Stocks 7 246,057 288,676
Debtors 8 315,868 298,202
Cash at bank and in hand 85,165 130,421
647,090 717,299
Creditors: Amounts Falling Due Within One Year 9 (333,937 ) (286,392 )
NET CURRENT ASSETS (LIABILITIES) 313,153 430,907
TOTAL ASSETS LESS CURRENT LIABILITIES 344,995 472,914
NET ASSETS 344,995 472,914
CAPITAL AND RESERVES
Called up share capital 10 102 102
Profit and Loss Account 344,893 472,812
SHAREHOLDERS' FUNDS 344,995 472,914
Page 1
Page 2
For the year ending 30 September 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 Paul Warner
Director
19 December 2024
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
S10 Supplies Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 07381731 . The registered office is Damer House, Meadow Way, Wickford, Essex, SS12 9HA.
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, excluding discounts, rebates, value added taxes, and other similar allowances.
2.3. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are integrated software solutions. They are amortised to profit and loss account over their estimated economic life of 5 years.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and 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% Straight line
Motor Vehicles 20% Reducing balance
Fixtures & Fittings 33.3% Straight line
2.5. 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.
2.6. Taxation
Taxation represents the sum of the tax currently payable and deferred tax.
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. 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.
...CONTINUED
Page 3
Page 4
2.6. Taxation - continued
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.
2.7. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
The average number of employees, including directors, during the year was as follows: 15 (2023: 16)
15 16
4. Intangible Assets
Other
£
Cost
As at 1 October 2023 39,496
As at 30 September 2024 39,496
Amortisation
As at 1 October 2023 5,115
Provided during the period 7,900
As at 30 September 2024 13,015
Net Book Value
As at 30 September 2024 26,481
As at 1 October 2023 34,381
5. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 October 2023 16,661 27,139 59,799 103,599
As at 30 September 2024 16,661 27,139 59,799 103,599
Depreciation
As at 1 October 2023 16,661 23,245 57,367 97,273
Provided during the period - 778 1,487 2,265
As at 30 September 2024 16,661 24,023 58,854 99,538
...CONTINUED
Page 4
Page 5
Net Book Value
As at 30 September 2024 - 3,116 945 4,061
As at 1 October 2023 - 3,894 2,432 6,326
6. Investments
Other
£
Cost
As at 1 October 2023 1,300
As at 30 September 2024 1,300
Provision
As at 1 October 2023 -
As at 30 September 2024 -
Net Book Value
As at 30 September 2024 1,300
As at 1 October 2023 1,300
7. Stocks
2024 2023
£ £
Finished goods 246,057 288,676
8. Debtors
2024 2023
£ £
Due within one year
Trade debtors 279,052 207,853
Other debtors 36,816 90,349
315,868 298,202
9. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 185,227 125,542
Other creditors 103,801 83,636
Taxation and social security 44,909 77,214
333,937 286,392
Page 5
Page 6
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 102 102
Page 6