Acorah Software Products - Accounts Production 16.1.300 false true true 30 June 2023 1 July 2022 false 1 July 2023 30 June 2024 30 June 2024 11418670 Mrs Kate Slaughter Mr Gregory Slaughter Mrs K Slaughter and Mr G Slaughter true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11418670 2023-06-30 11418670 2024-06-30 11418670 2023-07-01 2024-06-30 11418670 frs-core:CurrentFinancialInstruments 2024-06-30 11418670 frs-core:Non-currentFinancialInstruments 2024-06-30 11418670 frs-core:ComputerEquipment 2024-06-30 11418670 frs-core:ComputerEquipment 2023-07-01 2024-06-30 11418670 frs-core:ComputerEquipment 2023-06-30 11418670 frs-core:MotorVehicles 2024-06-30 11418670 frs-core:MotorVehicles 2023-07-01 2024-06-30 11418670 frs-core:MotorVehicles 2023-06-30 11418670 frs-core:PlantMachinery 2024-06-30 11418670 frs-core:PlantMachinery 2023-07-01 2024-06-30 11418670 frs-core:PlantMachinery 2023-06-30 11418670 frs-core:ShareCapital 2024-06-30 11418670 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 11418670 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 11418670 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 11418670 frs-bus:SmallEntities 2023-07-01 2024-06-30 11418670 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 11418670 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 11418670 1 2023-07-01 2024-06-30 11418670 frs-bus:Director1 2023-07-01 2024-06-30 11418670 frs-bus:Director1 2023-06-30 11418670 frs-bus:Director1 2024-06-30 11418670 frs-bus:Director2 2023-07-01 2024-06-30 11418670 frs-countries:EnglandWales 2023-07-01 2024-06-30 11418670 2022-06-30 11418670 2023-06-30 11418670 2022-07-01 2023-06-30 11418670 frs-core:CurrentFinancialInstruments 2023-06-30 11418670 frs-core:Non-currentFinancialInstruments 2023-06-30 11418670 frs-core:MotorVehicles 2022-07-01 2023-06-30 11418670 frs-core:WithinOneYear 2023-06-30 11418670 frs-core:ShareCapital 2023-06-30 11418670 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30
Registered number: 11418670
Calla Style Designs Ltd
Unaudited Financial Statements
For The Year Ended 30 June 2024
Brisan Accountancy Ltd
Canada House, First Floor, 20/20 Business Park
Maidstone
Kent
ME16 0LS
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 11418670
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,016 3,853
1,016 3,853
CURRENT ASSETS
Stocks 5 9,000 9,000
Debtors 6 8,859 436
Cash at bank and in hand 178 238
18,037 9,674
Creditors: Amounts Falling Due Within One Year 7 (44,848 ) (45,877 )
NET CURRENT ASSETS (LIABILITIES) (26,811 ) (36,203 )
TOTAL ASSETS LESS CURRENT LIABILITIES (25,795 ) (32,350 )
Creditors: Amounts Falling Due After More Than One Year 8 (129,089 ) (124,033 )
PROVISIONS FOR LIABILITIES
Deferred Taxation 10 - (233 )
NET LIABILITIES (154,884 ) (156,616 )
CAPITAL AND RESERVES
Called up share capital 11 100 100
Profit and Loss Account (154,984 ) (156,716 )
SHAREHOLDERS' FUNDS (154,884) (156,616)
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For the year ending 30 June 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 Kate Slaughter
Director
Mr Gregory Slaughter
Director
29 November 2024
The notes on pages 3 to 6 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Calla Style Designs Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11418670 . The registered office is Unit 6 Crown Buildings, 33 Chartwell Road, Lancing business Park, Lancing, West Sussex, BN15 8SP.
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. Going Concern Disclosure
The accounts have been prepared on a going concern basis as the director have pledged their continued financial support to the company over a minimum period of 12 months from the balance sheet date.
2.3. 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.
2.4. 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 25% on reducing balance
Motor Vehicles 25% on cost
Computer Equipment 25% on cost
2.5. Leasing and Hire Purchase Contracts
Assets obtained under hire purchase contracts and 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.
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2.7. 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.
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: 2 (2023: 2)
2 2
4. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 July 2023 1,570 16,400 2,785 20,755
Disposals - (4,000 ) - (4,000 )
As at 30 June 2024 1,570 12,400 2,785 16,755
Depreciation
As at 1 July 2023 300 13,817 2,785 16,902
Provided during the period 254 2,583 - 2,837
Disposals - (4,000 ) - (4,000 )
As at 30 June 2024 554 12,400 2,785 15,739
Net Book Value
As at 30 June 2024 1,016 - - 1,016
As at 1 July 2023 1,270 2,583 - 3,853
Included above are assets held under finance leases or hire purchase contracts with a net book value as follows:
2024 2023
£ £
Motor Vehicles - 2,583
5. Stocks
2024 2023
£ £
Stock 9,000 9,000
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6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 377 -
Prepayments and accrued income - 304
Other debtors 8,252 -
VAT 230 132
8,859 436
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts - 3,497
Bank loans and overdrafts 6,148 5,996
Other creditors 3,836 3,488
Accruals and deferred income 4,167 5,000
Directors' loan accounts 30,697 27,896
44,848 45,877
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 6,303 12,451
Directors loan account 122,786 111,582
129,089 124,033
9. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year - 3,640
Less: Finance charges allocated to future periods - 143
- 3,497
10. Deferred Taxation
The provision for deferred tax is made up as follows:
2024 2023
£ £
Other timing differences - 233
11. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
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12. Directors Advances, Credits and Guarantees
Included within Creditors are the following loans due to directors:
As at 1 July 2023 Amounts advanced Amounts repaid Amounts written off As at 30 June 2024
£ £ £ £ £
Mrs Kate Slaughter 139,478 10,426 24,431 - 153,483
The above loan is unsecured, repayable on demand and ranks equally with the other unsecured creditors of the company.
13. Ultimate Controlling Party
The company's ultimate controlling parties are Mrs K Slaughter and Mr G Slaughter by virtue of their equal ownership of 100% of the issued share capital in the company.
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