Acorah Software Products - Accounts Production 16.1.300 false true 30 September 2023 1 October 2022 false 1 October 2023 30 September 2024 30 September 2024 04858894 Mr M Clare Mrs K N Clare Mrs K N Clare true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04858894 frs-core:CurrentFinancialInstruments frs-core:WithinOneYear 2024-09-30 04858894 frs-core:Non-currentFinancialInstruments frs-core:BetweenOneFiveYears 2024-09-30 04858894 2023-09-30 04858894 2024-09-30 04858894 2023-10-01 2024-09-30 04858894 frs-core:CurrentFinancialInstruments 2024-09-30 04858894 frs-core:Non-currentFinancialInstruments 2024-09-30 04858894 frs-core:ComputerEquipment 2024-09-30 04858894 frs-core:ComputerEquipment 2023-10-01 2024-09-30 04858894 frs-core:ComputerEquipment 2023-09-30 04858894 frs-core:NetGoodwill 2024-09-30 04858894 frs-core:NetGoodwill 2023-10-01 2024-09-30 04858894 frs-core:NetGoodwill 2023-09-30 04858894 frs-core:MotorVehicles 2024-09-30 04858894 frs-core:MotorVehicles 2023-10-01 2024-09-30 04858894 frs-core:MotorVehicles 2023-09-30 04858894 frs-core:PlantMachinery 2024-09-30 04858894 frs-core:PlantMachinery 2023-10-01 2024-09-30 04858894 frs-core:PlantMachinery 2023-09-30 04858894 frs-core:ShareCapital 2024-09-30 04858894 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 04858894 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 04858894 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 04858894 frs-bus:SmallEntities 2023-10-01 2024-09-30 04858894 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 04858894 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 04858894 1 2023-10-01 2024-09-30 04858894 frs-bus:Director1 2023-10-01 2024-09-30 04858894 frs-bus:Director2 2023-10-01 2024-09-30 04858894 frs-bus:CompanySecretary1 2023-10-01 2024-09-30 04858894 frs-countries:EnglandWales 2023-10-01 2024-09-30 04858894 frs-core:CurrentFinancialInstruments frs-core:WithinOneYear 2023-09-30 04858894 frs-core:Non-currentFinancialInstruments frs-core:BetweenOneFiveYears 2023-09-30 04858894 2022-09-30 04858894 2023-09-30 04858894 2022-10-01 2023-09-30 04858894 frs-core:CurrentFinancialInstruments 2023-09-30 04858894 frs-core:Non-currentFinancialInstruments 2023-09-30 04858894 frs-core:ShareCapital 2023-09-30 04858894 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30
Registered number: 04858894
Printmark Limited
Financial Statements
For The Year Ended 30 September 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 04858894
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 2,388 4,693
2,388 4,693
CURRENT ASSETS
Debtors 6 2,476 1,545
Cash at bank and in hand 6,308 12,622
8,784 14,167
Creditors: Amounts Falling Due Within One Year 7 (20,181 ) (15,743 )
NET CURRENT ASSETS (LIABILITIES) (11,397 ) (1,576 )
TOTAL ASSETS LESS CURRENT LIABILITIES (9,009 ) 3,117
Creditors: Amounts Falling Due After More Than One Year 8 (3,517 ) (8,683 )
NET LIABILITIES (12,526 ) (5,566 )
CAPITAL AND RESERVES
Called up share capital 10 100 100
Profit and Loss Account (12,626 ) (5,666 )
SHAREHOLDERS' FUNDS (12,526) (5,566)
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For the year ending 30 September 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 M Clare
Director
7 February 2025
The notes on pages 3 to 6 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Printmark Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04858894 . The registered office is Yew Tree House, Lewes Road, Forest Row, East Sussex, RH18 5AA.
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. It is amortised to profit and loss account over its estimated economic life of .... years.
2.4. 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 15% reducing balance
Motor Vehicles 25% reducing balance
Computer Equipment 25% reducing balance
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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 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 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Intangible Assets
Goodwill
£
Cost
As at 1 October 2023 38,000
As at 30 September 2024 38,000
Amortisation
As at 1 October 2023 38,000
As at 30 September 2024 38,000
Net Book Value
As at 30 September 2024 -
As at 1 October 2023 -
5. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 October 2023 8,645 10,026 3,424 22,095
Disposals (8,645 ) - - (8,645 )
As at 30 September 2024 - 10,026 3,424 13,450
...CONTINUED
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Depreciation
As at 1 October 2023 7,136 6,873 3,393 17,402
Provided during the period - 788 8 796
Disposals (7,136 ) - - (7,136 )
As at 30 September 2024 - 7,661 3,401 11,062
Net Book Value
As at 30 September 2024 - 2,365 23 2,388
As at 1 October 2023 1,509 3,153 31 4,693
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 1,180 1,545
Other debtors 1,296 -
2,476 1,545
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 2,927 6,297
Bank loans and overdrafts 5,166 5,039
Other creditors 12,088 3,468
Taxation and social security - 939
20,181 15,743
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 3,517 8,683
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9. Loans
An analysis of the maturity of loans is given below:
2024 2023
£ £
Amounts falling due within one year or on demand:
Bank loans 5,166 5,039
2024 2023
£ £
Amounts falling due between one and five years:
Bank loans 3,517 8,683
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
11. Directors Advances, Credits and Guarantees
Included in other creditors due within one year are loans from the directors, Mr M Clare and Mrs K N Clare amounting to £10,635 (2023 - £2036).
12. Controlling Parties
The Company was controlled throughout the current period by its directors, Mr M Clare and Mrs K N Clare, by virtue of the fact that between them they control all of the Company's ordinary issued share capital.
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