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 09349836 Mr Thomas Cox iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09349836 2023-03-31 09349836 2024-03-31 09349836 2023-04-01 2024-03-31 09349836 frs-core:CurrentFinancialInstruments 2024-03-31 09349836 frs-core:Non-currentFinancialInstruments 2024-03-31 09349836 frs-core:ComputerEquipment 2024-03-31 09349836 frs-core:ComputerEquipment 2023-04-01 2024-03-31 09349836 frs-core:ComputerEquipment 2023-03-31 09349836 frs-core:MotorVehicles 2024-03-31 09349836 frs-core:MotorVehicles 2023-04-01 2024-03-31 09349836 frs-core:MotorVehicles 2023-03-31 09349836 frs-core:PlantMachinery 2024-03-31 09349836 frs-core:PlantMachinery 2023-04-01 2024-03-31 09349836 frs-core:PlantMachinery 2023-03-31 09349836 frs-core:ShareCapital 2024-03-31 09349836 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 09349836 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 09349836 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 09349836 frs-bus:SmallEntities 2023-04-01 2024-03-31 09349836 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 09349836 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 09349836 frs-bus:Director1 2023-04-01 2024-03-31 09349836 frs-countries:EnglandWales 2023-04-01 2024-03-31 09349836 2022-03-31 09349836 2023-03-31 09349836 2022-04-01 2023-03-31 09349836 frs-core:CurrentFinancialInstruments 2023-03-31 09349836 frs-core:Non-currentFinancialInstruments 2023-03-31 09349836 frs-core:ShareCapital 2023-03-31 09349836 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 09349836
Savoir Fare Limited
Unaudited Financial Statements
For The Year Ended 31 March 2024
mca business ltd
4-6 The Wharf Centre
Wharf Street
Warwick
CV34 5LB
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 09349836
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 35,748 42,530
35,748 42,530
CURRENT ASSETS
Stocks 5 884 3,200
Debtors 6 385 3,489
Cash at bank and in hand 2,101 1,614
3,370 8,303
Creditors: Amounts Falling Due Within One Year 7 (100,444 ) (50,818 )
NET CURRENT ASSETS (LIABILITIES) (97,074 ) (42,515 )
TOTAL ASSETS LESS CURRENT LIABILITIES (61,326 ) 15
Creditors: Amounts Falling Due After More Than One Year 8 (33,508 ) (34,341 )
NET LIABILITIES (94,834 ) (34,326 )
CAPITAL AND RESERVES
Called up share capital 9 1 1
Profit and Loss Account (94,835 ) (34,327 )
SHAREHOLDERS' FUNDS (94,834) (34,326)
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 Thomas Cox
Director
29/01/2025
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
Savoir Fare Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09349836 . The registered office is 1 Grange Farm Cottages Station Road, Launton, Bicester, OX26 5DX.
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. 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% Reducing Balance
Motor Vehicles 10% Straight Line
Computer Equipment 20% Straight Line
2.4. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 10 (2023: 10)
10 10
4. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 April 2023 50,267 13,982 1,586 65,835
Additions 445 - 740 1,185
As at 31 March 2024 50,712 13,982 2,326 67,020
Depreciation
As at 1 April 2023 19,047 3,699 559 23,305
Provided during the period 6,538 1,165 264 7,967
As at 31 March 2024 25,585 4,864 823 31,272
...CONTINUED
Page 3
Page 4
Net Book Value
As at 31 March 2024 25,127 9,118 1,503 35,748
As at 1 April 2023 31,220 10,283 1,027 42,530
5. Stocks
2024 2023
£ £
Stock 884 3,200
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 385 1,462
Other debtors - 2,027
385 3,489
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 18,459 8,374
Bank loans and overdrafts 9,963 1,755
Other creditors 68,641 33,484
Taxation and social security 3,381 7,205
100,444 50,818
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 33,508 34,341
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
Page 4