Acorah Software Products - Accounts Production 16.0.110 false true true 31 May 2023 1 June 2022 false 1 June 2023 31 May 2024 31 May 2024 07829581 Mr Paul Shilling Mrs Jane Shilling iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07829581 2023-05-31 07829581 2024-05-31 07829581 2023-06-01 2024-05-31 07829581 frs-core:Non-currentFinancialInstruments 2024-05-31 07829581 frs-core:ComputerEquipment 2024-05-31 07829581 frs-core:ComputerEquipment 2023-06-01 2024-05-31 07829581 frs-core:ComputerEquipment 2023-05-31 07829581 frs-core:FurnitureFittings 2024-05-31 07829581 frs-core:FurnitureFittings 2023-06-01 2024-05-31 07829581 frs-core:FurnitureFittings 2023-05-31 07829581 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-05-31 07829581 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-06-01 2024-05-31 07829581 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-05-31 07829581 frs-core:ShareCapital 2024-05-31 07829581 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 07829581 frs-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 07829581 frs-bus:FilletedAccounts 2023-06-01 2024-05-31 07829581 frs-bus:SmallEntities 2023-06-01 2024-05-31 07829581 frs-bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 07829581 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 07829581 frs-bus:Director1 2023-06-01 2024-05-31 07829581 frs-bus:Director2 2023-06-01 2024-05-31 07829581 frs-countries:EnglandWales 2023-06-01 2024-05-31 07829581 2022-05-31 07829581 2023-05-31 07829581 2022-06-01 2023-05-31 07829581 frs-core:CurrentFinancialInstruments 2023-05-31 07829581 frs-core:Non-currentFinancialInstruments 2023-05-31 07829581 frs-core:ShareCapital 2023-05-31 07829581 frs-core:RetainedEarningsAccumulatedLosses 2023-05-31
Registered number: 07829581
SERENDIPITY (HAMPSHIRE) LTD
Unaudited Financial Statements
For The Year Ended 31 May 2024
Edmonds Accountancy
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 07829581
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 - 68
- 68
CURRENT ASSETS
Debtors 5 - 72,670
Cash at bank and in hand 15 1,751
15 74,421
Creditors: Amounts Falling Due Within One Year 6 (130,666 ) (3,539 )
NET CURRENT ASSETS (LIABILITIES) (130,651 ) 70,882
TOTAL ASSETS LESS CURRENT LIABILITIES (130,651 ) 70,950
Creditors: Amounts Falling Due After More Than One Year 7 - (197,661 )
NET LIABILITIES (130,651 ) (126,711 )
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account (130,751 ) (126,811 )
SHAREHOLDERS' FUNDS (130,651) (126,711)
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
Mr Paul Shilling
Director
23/02/2025
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
SERENDIPITY (HAMPSHIRE) LTD is a private company, limited by shares, incorporated in England & Wales, registered number 07829581 . The registered office is Old Manor House, Hunts Common, Hartley Wintney, Hook, Hampshire, RG27 8AA.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial
Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small
Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost
convention.
2.2. Going Concern Disclosure
The director has confirmed that he will continue to give financial support to the company until such time as
the company's position improves. In addition the director has confirmed that he will not recall any loans
within 12 months. The director considers that it is appropriate to prepare the financial statements on a going concern
basis.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,
value added tax and other sales taxes.
Revenue is recognised for the provision of service as the contractual activity progresses.
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:
Leasehold 25% on reducing balance
Fixtures & Fittings 33% on cost
Computer Equipment 33% on cost
2.5. Leasing and Hire Purchase Contracts
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.
2.6. Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained
Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current or deferred taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or
substantively enacted by the statement of financial position date.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 5 (2023: 6)
5 6
4. Tangible Assets
Land & Property
Leasehold Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 June 2023 49,008 11,628 1,304 61,940
Disposals (49,008 ) (11,628 ) (1,304 ) (61,940 )
As at 31 May 2024 - - - -
...CONTINUED
Page 3
Page 4
Depreciation
As at 1 June 2023 49,008 11,628 1,236 61,872
Disposals (49,008 ) (11,628 ) (1,236 ) (61,872 )
As at 31 May 2024 - - - -
Net Book Value
As at 31 May 2024 - - - -
As at 1 June 2023 - - 68 68
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors - 71,670
Other debtors - 1,000
- 72,670
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other creditors 130,666 2,568
Taxation and social security - 971
130,666 3,539
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Other creditors - 197,661
8. Deferred Taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement
of financial position date.
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from
those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that
have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the
timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will
be recovered against the reversal of deferred tax liabilities or other future taxable profits.
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 4