Acorah Software Products - Accounts Production 16.1.300 false true 31 May 2023 1 June 2022 false 1 June 2023 31 May 2024 31 May 2024 03134067 Miss Katie Pizzey Mrs Margaret Pizzey Mrs Margaret Pizzey iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 03134067 2023-05-31 03134067 2024-05-31 03134067 2023-06-01 2024-05-31 03134067 frs-core:CurrentFinancialInstruments 2024-05-31 03134067 frs-core:Non-currentFinancialInstruments 2024-05-31 03134067 frs-core:BetweenOneFiveYears 2024-05-31 03134067 frs-core:NetGoodwill 2024-05-31 03134067 frs-core:NetGoodwill 2023-06-01 2024-05-31 03134067 frs-core:NetGoodwill 2023-05-31 03134067 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-05-31 03134067 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-06-01 2024-05-31 03134067 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-05-31 03134067 frs-core:MotorVehicles 2024-05-31 03134067 frs-core:MotorVehicles 2023-06-01 2024-05-31 03134067 frs-core:MotorVehicles 2023-05-31 03134067 frs-core:PlantMachinery 2024-05-31 03134067 frs-core:PlantMachinery 2023-06-01 2024-05-31 03134067 frs-core:PlantMachinery 2023-05-31 03134067 frs-core:ShareCapital 2024-05-31 03134067 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 03134067 frs-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 03134067 frs-bus:FilletedAccounts 2023-06-01 2024-05-31 03134067 frs-bus:SmallEntities 2023-06-01 2024-05-31 03134067 frs-bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 03134067 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 03134067 frs-bus:Director1 2023-06-01 2024-05-31 03134067 frs-bus:Director2 2023-06-01 2024-05-31 03134067 frs-bus:CompanySecretary1 2023-06-01 2024-05-31 03134067 frs-countries:EnglandWales 2023-06-01 2024-05-31 03134067 2022-05-31 03134067 2023-05-31 03134067 2022-06-01 2023-05-31 03134067 frs-core:CurrentFinancialInstruments 2023-05-31 03134067 frs-core:Non-currentFinancialInstruments 2023-05-31 03134067 frs-core:BetweenOneFiveYears 2023-05-31 03134067 frs-core:ShareCapital 2023-05-31 03134067 frs-core:RetainedEarningsAccumulatedLosses 2023-05-31
Registered number: 03134067
Katie's Playpen Limited
Unaudited Financial Statements
For The Year Ended 31 May 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 03134067
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 11,004 11,004
Tangible Assets 5 24,478 29,379
35,482 40,383
CURRENT ASSETS
Stocks 6 162,198 451,179
Debtors 7 8,820 2,577
Cash at bank and in hand 164,135 (3,921 )
335,153 449,835
Creditors: Amounts Falling Due Within One Year 8 (689,980 ) (350,366 )
NET CURRENT ASSETS (LIABILITIES) (354,827 ) 99,469
TOTAL ASSETS LESS CURRENT LIABILITIES (319,345 ) 139,852
Creditors: Amounts Falling Due After More Than One Year 9 (162,854 ) (232,619 )
NET LIABILITIES (482,199 ) (92,767 )
CAPITAL AND RESERVES
Called up share capital 11 104 104
Profit and Loss Account (482,303 ) (92,871 )
SHAREHOLDERS' FUNDS (482,199) (92,767)
Page 1
Page 2
For the year 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 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
Mrs Margaret Pizzey
Director
18/02/2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Katie's Playpen Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03134067 . The registered office is 26 Midhurst Hill, Bexleyheath, Kent, DA6 7NR.
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:
Freehold No depreciation
Plant & Machinery 20% Reducing Balance
Motor Vehicles 20% Reducing Balance
2.5. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
2.6. 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: 3)
2 3
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4. Intangible Assets
Goodwill
£
Cost
As at 1 June 2023 11,004
As at 31 May 2024 11,004
Net Book Value
As at 31 May 2024 11,004
As at 1 June 2023 11,004
5. Tangible Assets
Land & Property
Freehold Plant & Machinery Motor Vehicles Total
£ £ £ £
Cost
As at 1 June 2023 4,878 99,529 66,588 170,995
As at 31 May 2024 4,878 99,529 66,588 170,995
Depreciation
As at 1 June 2023 - 90,560 51,056 141,616
Provided during the period - 1,794 3,107 4,901
As at 31 May 2024 - 92,354 54,163 146,517
Net Book Value
As at 31 May 2024 4,878 7,175 12,425 24,478
As at 1 June 2023 4,878 8,969 15,532 29,379
6. Stocks
2024 2023
£ £
Stock 162,198 451,179
7. Debtors
2024 2023
£ £
Due within one year
Other debtors 8,820 2,577
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8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 5,069 20,614
Bank loans and overdrafts - 7,093
Other creditors 631,092 265,299
Taxation and social security 53,819 57,360
689,980 350,366
9. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts - 6,562
Amazon Loan 118,879 125,675
Other creditors 43,975 100,382
162,854 232,619
10. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Later than one year and not later than five years - 6,562
11. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 104 104
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