Acorah Software Products - Accounts Production 16.1.300 false true 31 July 2023 1 August 2022 false 1 August 2023 31 July 2024 31 July 2024 13526611 Gordon Spriggs Jamie Mooney iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13526611 2023-07-31 13526611 2024-07-31 13526611 2023-08-01 2024-07-31 13526611 frs-core:CurrentFinancialInstruments 2024-07-31 13526611 frs-core:FurnitureFittings 2024-07-31 13526611 frs-core:FurnitureFittings 2023-08-01 2024-07-31 13526611 frs-core:FurnitureFittings 2023-07-31 13526611 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-07-31 13526611 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-08-01 2024-07-31 13526611 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-07-31 13526611 frs-core:ShareCapital 2024-07-31 13526611 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 13526611 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 13526611 frs-bus:FilletedAccounts 2023-08-01 2024-07-31 13526611 frs-bus:SmallEntities 2023-08-01 2024-07-31 13526611 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 13526611 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 13526611 frs-bus:Director1 2023-08-01 2024-07-31 13526611 frs-bus:Director2 2023-08-01 2024-07-31 13526611 frs-countries:EnglandWales 2023-08-01 2024-07-31 13526611 2022-07-31 13526611 2023-07-31 13526611 2022-08-01 2023-07-31 13526611 frs-core:CurrentFinancialInstruments 2023-07-31 13526611 frs-core:ShareCapital 2023-07-31 13526611 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31
Registered number: 13526611
Silenus Beers Ltd
Unaudited Financial Statements
For The Year Ended 31 July 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 13526611
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 14,864 19,676
14,864 19,676
CURRENT ASSETS
Stocks 5 4,500 5,200
Debtors 6 10,583 10,076
Cash at bank and in hand 7,002 5,254
22,085 20,530
Creditors: Amounts Falling Due Within One Year 7 (90,348 ) (86,360 )
NET CURRENT ASSETS (LIABILITIES) (68,263 ) (65,830 )
TOTAL ASSETS LESS CURRENT LIABILITIES (53,399 ) (46,154 )
NET LIABILITIES (53,399 ) (46,154 )
CAPITAL AND RESERVES
Called up share capital 8 2 2
Profit and Loss Account (53,401 ) (46,156 )
SHAREHOLDERS' FUNDS (53,399) (46,154)
Page 1
Page 2
For the year ending 31 July 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
Gordon Spriggs
Director
10/01/2025
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
Silenus Beers Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13526611 . The registered office is 120 Cavendish Place, Eastbourne, BN21 3TZ.
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:
Leasehold 0
Fixtures & Fittings 25% reducing balance
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: 2 (2023: 2)
2 2
4. Tangible Assets
Land & Property
Leasehold Fixtures & Fittings Total
£ £ £
Cost
As at 1 August 2023 429 29,987 30,416
As at 31 July 2024 429 29,987 30,416
Depreciation
As at 1 August 2023 - 10,740 10,740
Provided during the period - 4,812 4,812
As at 31 July 2024 - 15,552 15,552
...CONTINUED
Page 3
Page 4
Net Book Value
As at 31 July 2024 429 14,435 14,864
As at 1 August 2023 429 19,247 19,676
5. Stocks
2024 2023
£ £
Finished goods 4,500 5,200
6. Debtors
2024 2023
£ £
Due within one year
Prepayments and accrued income 4,083 3,708
Other debtors 6,000 6,000
Other taxes and social security - 368
Net wages 500 -
10,583 10,076
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 6,354 4,204
VAT 2,829 2,341
Directors' loan accounts 81,165 79,815
90,348 86,360
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
Page 4