Acorah Software Products - Accounts Production 16.1.300 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 05361885 Mr Matthew Dobson Mr Tony Dobson Mrs Jenny Dobson Mrs Jenny Dobson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05361885 2023-03-31 05361885 2024-03-31 05361885 2023-04-01 2024-03-31 05361885 frs-core:CurrentFinancialInstruments 2024-03-31 05361885 frs-core:Non-currentFinancialInstruments 2024-03-31 05361885 frs-core:NetGoodwill 2024-03-31 05361885 frs-core:NetGoodwill 2023-04-01 2024-03-31 05361885 frs-core:NetGoodwill 2023-03-31 05361885 frs-core:ShareCapital 2024-03-31 05361885 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 05361885 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 05361885 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 05361885 frs-bus:SmallEntities 2023-04-01 2024-03-31 05361885 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 05361885 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 05361885 frs-bus:Director1 2023-04-01 2024-03-31 05361885 frs-bus:Director2 2023-04-01 2024-03-31 05361885 frs-bus:Director3 2023-04-01 2024-03-31 05361885 frs-bus:CompanySecretary1 2023-04-01 2024-03-31 05361885 frs-countries:EnglandWales 2023-04-01 2024-03-31 05361885 2022-03-31 05361885 2023-03-31 05361885 2022-04-01 2023-03-31 05361885 frs-core:CurrentFinancialInstruments 2023-03-31 05361885 frs-core:Non-currentFinancialInstruments 2023-03-31 05361885 frs-core:ShareCapital 2023-03-31 05361885 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 05361885
Supreme Home Improvements Limited
Financial Statements
For The Year Ended 31 March 2024
Hill Wooldridge Accountants Ltd
Chartered Certified Accountants
55 Crown Street
Brentwood
Essex
CM14 4BD
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 05361885
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 40,000 40,000
40,000 40,000
CURRENT ASSETS
Debtors 5 9,117 16,956
Cash at bank and in hand 35,031 21,463
44,148 38,419
Creditors: Amounts Falling Due Within One Year 6 (73,919 ) (61,126 )
NET CURRENT ASSETS (LIABILITIES) (29,771 ) (22,707 )
TOTAL ASSETS LESS CURRENT LIABILITIES 10,229 17,293
Creditors: Amounts Falling Due After More Than One Year 7 (11,665 ) (21,667 )
NET LIABILITIES (1,436 ) (4,374 )
CAPITAL AND RESERVES
Called up share capital 8 200 200
Profit and Loss Account (1,636 ) (4,574 )
SHAREHOLDERS' FUNDS (1,436) (4,374)
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 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 Matthew Dobson
Director
12th January 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
Supreme Home Improvements Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05361885 . The registered office is 55 Crown Street, Brentwood, Essex, CM14 4BD.
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. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. Goodwill is not subject to an annual amortisation charge.
2.4. Taxation
Income tax expense represents the sum of the tax currently payable.
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.

3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
Page 3
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4. Intangible Assets
Goodwill
£
Cost
As at 1 April 2023 40,000
As at 31 March 2024 40,000
Net Book Value
As at 31 March 2024 40,000
As at 1 April 2023 40,000
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 9,117 16,156
Other debtors - 800
9,117 16,956
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Bank loans and overdrafts 10,000 16,600
Corporation tax 36,349 29,593
VAT 19,049 10,376
Accruals and deferred income 2,461 1,616
Directors' loan accounts 6,060 2,941
73,919 61,126
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 11,665 21,667
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 200 200
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