Acorah Software Products - Accounts Production 16.1.300 false true 30 April 2023 1 May 2022 false 1 May 2023 30 April 2024 30 April 2024 08486101 Ms Anna Crofton Miss Emma Jerman iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08486101 2023-04-30 08486101 2024-04-30 08486101 2023-05-01 2024-04-30 08486101 frs-core:CurrentFinancialInstruments 2024-04-30 08486101 frs-core:Non-currentFinancialInstruments 2024-04-30 08486101 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-05-01 2024-04-30 08486101 frs-core:FurnitureFittings 2024-04-30 08486101 frs-core:FurnitureFittings 2023-05-01 2024-04-30 08486101 frs-core:FurnitureFittings 2023-04-30 08486101 frs-core:OtherResidualIntangibleAssets 2024-04-30 08486101 frs-core:OtherResidualIntangibleAssets 2023-05-01 2024-04-30 08486101 frs-core:OtherResidualIntangibleAssets 2023-04-30 08486101 frs-core:ShareCapital 2024-04-30 08486101 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 08486101 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 08486101 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 08486101 frs-bus:SmallEntities 2023-05-01 2024-04-30 08486101 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 08486101 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 08486101 frs-bus:Director1 2023-05-01 2024-04-30 08486101 frs-bus:Director2 2023-05-01 2024-04-30 08486101 frs-countries:EnglandWales 2023-05-01 2024-04-30 08486101 2022-04-30 08486101 2023-04-30 08486101 2022-05-01 2023-04-30 08486101 frs-core:CurrentFinancialInstruments 2023-04-30 08486101 frs-core:Non-currentFinancialInstruments 2023-04-30 08486101 frs-core:ShareCapital 2023-04-30 08486101 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30
Registered number: 08486101
Sensi Limited
Unaudited Financial Statements
For The Year Ended 30 April 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 08486101
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 1,426 -
Tangible Assets 5 18,495 23,755
19,921 23,755
CURRENT ASSETS
Debtors 6 32,881 31,618
Cash at bank and in hand 51,415 61,258
84,296 92,876
Creditors: Amounts Falling Due Within One Year 7 (43,094 ) (37,174 )
NET CURRENT ASSETS (LIABILITIES) 41,202 55,702
TOTAL ASSETS LESS CURRENT LIABILITIES 61,123 79,457
Creditors: Amounts Falling Due After More Than One Year 8 (22,485 ) (32,455 )
NET ASSETS 38,638 47,002
CAPITAL AND RESERVES
Called up share capital 9 2 2
Profit and Loss Account 38,636 47,000
SHAREHOLDERS' FUNDS 38,638 47,002
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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
Ms Anna Crofton
Director
Miss Emma Jerman
Director
29/01/2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Sensi Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08486101 . The registered office is Office 6, Rickinghall Business Centre, Willow Farm, Allwood Green, Rickinghall, Diss, Norfolk, IP22 1LQ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
2.2. Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
2.3. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets relates to a trademark. It is amortised to profit and loss account over its estimated economic life of 10 years.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. 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:
Fixtures & Fittings 25% reducing balance
2.5. 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.
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. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. 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.
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. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
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.
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3. Average Number of Employees
Average number of employees, including directors, during the year was: 15 (2023: 15)
15 15
4. Intangible Assets
Other
£
Cost
As at 1 May 2023 -
Additions 1,584
As at 30 April 2024 1,584
Amortisation
As at 1 May 2023 -
Provided during the period 158
As at 30 April 2024 158
Net Book Value
As at 30 April 2024 1,426
As at 1 May 2023 -
5. Tangible Assets
Fixtures & Fittings
£
Cost
As at 1 May 2023 66,024
Additions 905
As at 30 April 2024 66,929
Depreciation
As at 1 May 2023 42,269
Provided during the period 6,165
As at 30 April 2024 48,434
Net Book Value
As at 30 April 2024 18,495
As at 1 May 2023 23,755
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6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 4,724 26,081
Prepayments and accrued income 602 3,075
Other debtors 27,555 2,363
Directors' loan accounts - 99
32,881 31,618
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 10,435 7,097
Bank loans and overdrafts 14 -
Corporation tax 17,028 17,723
Other taxes and social security 4,137 3,180
Other creditors 995 1,222
Accruals and deferred income 4,277 3,322
Directors' loan accounts 6,208 4,630
43,094 37,174
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 22,485 32,455
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
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