Acorah Software Products - Accounts Production 16.1.300 false true false 23 May 2023 31 May 2024 31 May 2024 14889881 Mrs L J Jordan iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14889881 2023-05-22 14889881 2024-05-31 14889881 2023-05-23 2024-05-31 14889881 frs-core:CurrentFinancialInstruments 2024-05-31 14889881 frs-core:PlantMachinery 2024-05-31 14889881 frs-core:PlantMachinery 2023-05-23 2024-05-31 14889881 frs-core:PlantMachinery 2023-05-22 14889881 frs-core:ShareCapital 2024-05-31 14889881 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 14889881 frs-bus:PrivateLimitedCompanyLtd 2023-05-23 2024-05-31 14889881 frs-bus:FilletedAccounts 2023-05-23 2024-05-31 14889881 frs-bus:SmallEntities 2023-05-23 2024-05-31 14889881 frs-bus:AuditExempt-NoAccountantsReport 2023-05-23 2024-05-31 14889881 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-23 2024-05-31 14889881 frs-bus:Director1 2023-05-23 2024-05-31 14889881 frs-countries:EnglandWales 2023-05-23 2024-05-31
Registered number: 14889881
SR22T Ltd
Unaudited Financial Statements
For the Period 23 May 2023 to 31 May 2024
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 14889881
31 May 2024
Notes £ £
FIXED ASSETS
Tangible Assets 4 912,442
912,442
CURRENT ASSETS
Debtors 5 9,172
Cash at bank and in hand 6,112
15,284
Creditors: Amounts Falling Due Within One Year 6 (968,173 )
NET CURRENT ASSETS (LIABILITIES) (952,889 )
TOTAL ASSETS LESS CURRENT LIABILITIES (40,447 )
NET LIABILITIES (40,447 )
CAPITAL AND RESERVES
Called up share capital 7 100
Profit and Loss Account (40,547 )
SHAREHOLDERS' FUNDS (40,447)
For the period ending 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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
Mrs L J Jordan
Director
12 February 2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
SR22T Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14889881 . The registered office is 32a Hartopp Road, Sutton Coldfield, B74 2QX.
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 rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
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 15 year straight line basis
3. Average Number of Employees
Average number of employees, including directors, during the period was: NIL
-
4. Tangible Assets
Plant & Machinery
£
Cost
As at 23 May 2023 -
Additions 964,051
As at 31 May 2024 964,051
Depreciation
As at 23 May 2023 -
Provided during the period 51,609
As at 31 May 2024 51,609
Net Book Value
As at 31 May 2024 912,442
As at 23 May 2023 -
Page 2
Page 3
5. Debtors
31 May 2024
£
Due within one year
Trade debtors 9,072
Other debtors 100
9,172
6. Creditors: Amounts Falling Due Within One Year
31 May 2024
£
Trade creditors 1,426
Other creditors 966,523
Taxation and social security 224
968,173
7. Share Capital
31 May 2024
£
Called Up Share Capital not Paid 100
Amount of Allotted, Called Up Share Capital 100
Page 3