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 03771986 Mrs Olwen Law Mr James Sales Mrs Olwen Law iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 03771986 2023-09-30 03771986 2024-09-30 03771986 2023-10-01 2024-09-30 03771986 frs-core:ShareCapital 2024-09-30 03771986 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 03771986 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 03771986 frs-bus:AbridgedAccounts 2023-10-01 2024-09-30 03771986 frs-bus:SmallEntities 2023-10-01 2024-09-30 03771986 frs-bus:AuditExemptWithAccountantsReport 2023-10-01 2024-09-30 03771986 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 03771986 frs-bus:Director1 2023-10-01 2024-09-30 03771986 frs-bus:Director2 2023-10-01 2024-09-30 03771986 frs-bus:CompanySecretary1 2023-10-01 2024-09-30 03771986 frs-countries:EnglandWales 2023-10-01 2024-09-30 03771986 2022-09-30 03771986 2023-09-30 03771986 2022-10-01 2023-09-30 03771986 frs-core:ShareCapital 2023-09-30 03771986 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30
Registered number: 03771986
In The Saddle Limited
Unaudited ABRIDGED Financial Statements
For The Year Ended 30 September 2024
Charlton Accountants Ltd
Contents
Page
Company Information 1
Accountant's Report 2
Abridged Statement of Financial Position 3—4
Notes to the Abridged Financial Statements 5—6
Page 1
Company Information
Directors Mrs Olwen Law
Mr James Sales
Secretary Mrs Olwen Law
Company Number 03771986
Registered Office Reaside
Neen Savage
Cleobury Mortimer
Shropshire
DY14 8ES
Accountants Charlton Accountants Ltd
Drumbannon
121A Wyre Hill
Bewdley
Worcestershire
DY12 2UQ
Page 1
Page 2
Accountant's Report
Report to the directors on the preparation of the unaudited statutory accounts of In The Saddle Limited For The Year Ended 30 September 2024
To assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of In The Saddle Limited which comprise the Income Statement, the Statement of Financial Position and the related notes, from the company’s accounting records and from information and explanations you have given us.
As a practising member of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.
This report is made to the directors of In The Saddle Limited , as a body, in accordance with the terms of our engagement letter dated 01 February 2013. Our work has been undertaken solely to prepare for your approval the accounts of In The Saddle Limited and state those matters that we have agreed to state to the directors of In The Saddle Limited , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than In The Saddle Limited and its directors as a body for our work or for this report.
It is your duty to ensure that In The Saddle Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of In The Saddle Limited . You consider that In The Saddle Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of In The Saddle Limited . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
Signed
08/02/2025
Charlton Accountants Ltd
Drumbannon
121A Wyre Hill
Bewdley
Worcestershire
DY12 2UQ
Page 2
Page 3
Abridged Statement of Financial Position
Registered number: 03771986
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 7,168 12,981
7,168 12,981
CURRENT ASSETS
Debtors 76,593 69,033
Cash at bank and in hand 1,366,080 1,300,291
1,442,673 1,369,324
Creditors: Amounts Falling Due Within One Year (925,273 ) (942,690 )
NET CURRENT ASSETS (LIABILITIES) 517,400 426,634
TOTAL ASSETS LESS CURRENT LIABILITIES 524,568 439,615
PROVISIONS FOR LIABILITIES
Deferred Taxation (573 ) (2,026 )
NET ASSETS 523,995 437,589
CAPITAL AND RESERVES
Called up share capital 50,000 50,000
Income Statement 473,995 387,589
SHAREHOLDERS' FUNDS 523,995 437,589
Page 3
Page 4
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 Income Statement.
All of the company's members have consented to the preparation of an Abridged Income Statement and an Abridged Statement of Financial Position for the year end 30 September 2024 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mrs Olwen Law
Director
08/02/2025
The notes on pages 5 to 6 form part of these financial statements.
Page 4
Page 5
Notes to the Abridged Financial Statements
1. General Information
In The Saddle Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03771986 . The registered office is Reaside, Neen Savage, Cleobury Mortimer, Shropshire, DY14 8ES.
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 represents the amounts received in respect of holidays which commenced in the period.
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:
Computer equipment & Website 25% & 50% Straight Line 
Fixtures & Fittings 20% Straight Line
Exhibition Equipment 20% Straight Line
Motor Vehicles 25% Straight Line
2.4. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.5. Taxation
Taxation 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 Income statement 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.
2.6. Pensions
Contributions to the directors' pension scheme are charged to the profit and loss account in the period to which they relate.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 7 (2023: 7)
7 7
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4. Tangible Assets
Total
£
Cost
As at 1 October 2023 181,999
Additions 2,716
Disposals (4,436 )
As at 30 September 2024 180,279
Depreciation
As at 1 October 2023 169,018
Provided during the period 8,529
Disposals (4,436 )
As at 30 September 2024 173,111
Net Book Value
As at 30 September 2024 7,168
As at 1 October 2023 12,981
Page 6