Acorah Software Products - Accounts Production 16.1.300 false true true 30 April 2023 1 May 2022 false 1 May 2023 30 April 2024 30 April 2024 12544147 J Baker iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12544147 2023-04-30 12544147 2024-04-30 12544147 2023-05-01 2024-04-30 12544147 frs-core:CurrentFinancialInstruments 2024-04-30 12544147 frs-core:ShareCapital 2024-04-30 12544147 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 12544147 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 12544147 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 12544147 frs-bus:SmallEntities 2023-05-01 2024-04-30 12544147 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 12544147 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 12544147 frs-bus:OrdinaryShareClass1 2023-05-01 2024-04-30 12544147 frs-bus:OrdinaryShareClass1 2024-04-30 12544147 frs-bus:Director1 2023-05-01 2024-04-30 12544147 frs-countries:EnglandWales 2023-05-01 2024-04-30 12544147 2022-04-30 12544147 2023-04-30 12544147 2022-05-01 2023-04-30 12544147 frs-core:CurrentFinancialInstruments 2023-04-30 12544147 frs-core:ShareCapital 2023-04-30 12544147 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30 12544147 frs-bus:OrdinaryShareClass1 2022-05-01 2023-04-30
Registered number: 12544147
Silberhorn Management Ltd
Unaudited Financial Statements
For The Year Ended 30 April 2024
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 12544147
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 236 640
Cash at bank and in hand 133 2,910
369 3,550
Creditors: Amounts Falling Due Within One Year 5 (912 ) (3,453 )
NET CURRENT ASSETS (LIABILITIES) (543 ) 97
TOTAL ASSETS LESS CURRENT LIABILITIES (543 ) 97
NET (LIABILITIES)/ASSETS (543 ) 97
CAPITAL AND RESERVES
Called up share capital 6 1 1
Profit and Loss Account (544 ) 96
SHAREHOLDERS' FUNDS (543) 97
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
J Baker
Director
19/12/2024
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
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
At the balance sheet date, the company had net liabilities of £543 (2023: net assets of £97). The ability of the company to continue trading is dependent on the continued support of the directors and the company’s creditors. The directors are of the opinion that the company will continue to receive this support and on this basis considers it appropriate to prepare the financial statements on a going concern basis. The financial statements do not include any adjustments that would result from the withdrawal of support by the directors and the creditors of the company.
2.3. Turnover
Turnover comprises of Revenue recognised by the company in respect of services provided during the year. Revenue is recognised in the month in which the service is provided.
2.4. 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.
Current 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.
2.5. Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.
2.6. Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty or notice of not more than 24 hours.
2.7. Trade and other creditors
Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Debtors
2024 2023
£ £
Due within one year
Corporation tax recoverable assets 201 -
Other taxes and social security 35 -
Directors' loan accounts - 640
236 640
Page 2
Page 3
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors - 50
Corporation tax - 1,282
Other taxes and social security - 201
Accruals and deferred income 721 1,920
Directors' loan accounts 191 -
912 3,453
6. Share Capital
2024 2023
Allotted, called up and fully paid £ £
1 Ordinary Shares of £ 1.00 each 1 1
7. Reserves
Profit and loss account - includes all current and prior period retained profits and losses.
8. Related Party Transactions
At the Balance Sheet date the company owed £191 to the director (2023: £640 owed by the director to the company).
Page 3