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 05810855 Dr J P Newall Mrs L J Newall iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05810855 2023-05-31 05810855 2024-05-31 05810855 2023-06-01 2024-05-31 05810855 frs-core:CurrentFinancialInstruments 2024-05-31 05810855 frs-core:Non-currentFinancialInstruments 2024-05-31 05810855 frs-core:ComputerEquipment 2024-05-31 05810855 frs-core:ComputerEquipment 2023-06-01 2024-05-31 05810855 frs-core:ComputerEquipment 2023-05-31 05810855 frs-core:FurnitureFittings 2024-05-31 05810855 frs-core:FurnitureFittings 2023-06-01 2024-05-31 05810855 frs-core:FurnitureFittings 2023-05-31 05810855 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-05-31 05810855 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-06-01 2024-05-31 05810855 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-05-31 05810855 frs-core:MotorVehicles 2024-05-31 05810855 frs-core:MotorVehicles 2023-06-01 2024-05-31 05810855 frs-core:MotorVehicles 2023-05-31 05810855 frs-core:ShareCapital 2024-05-31 05810855 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 05810855 frs-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 05810855 frs-bus:FilletedAccounts 2023-06-01 2024-05-31 05810855 frs-bus:SmallEntities 2023-06-01 2024-05-31 05810855 frs-bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 05810855 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 05810855 frs-bus:OrdinaryShareClass2 2023-06-01 2024-05-31 05810855 frs-bus:OrdinaryShareClass2 2024-05-31 05810855 frs-bus:OrdinaryShareClass3 2023-06-01 2024-05-31 05810855 frs-bus:OrdinaryShareClass3 2024-05-31 05810855 frs-bus:OrdinaryShareClass4 2023-06-01 2024-05-31 05810855 frs-bus:OrdinaryShareClass4 2024-05-31 05810855 frs-core:ListedExchangeTraded 2024-05-31 05810855 frs-core:ListedExchangeTraded 2023-05-31 05810855 frs-core:CostValuation frs-core:ListedExchangeTraded 2023-05-31 05810855 frs-core:DisposalsRepaymentsInvestments frs-core:ListedExchangeTraded 2024-05-31 05810855 frs-core:CostValuation frs-core:ListedExchangeTraded 2024-05-31 05810855 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2023-05-31 05810855 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2024-05-31 05810855 frs-bus:Director1 2023-06-01 2024-05-31 05810855 frs-bus:Director2 2023-06-01 2024-05-31 05810855 frs-countries:EnglandWales 2023-06-01 2024-05-31 05810855 2022-05-31 05810855 2023-05-31 05810855 2022-06-01 2023-05-31 05810855 frs-core:CurrentFinancialInstruments 2023-05-31 05810855 frs-core:Non-currentFinancialInstruments 2023-05-31 05810855 frs-core:ShareCapital 2023-05-31 05810855 frs-core:RetainedEarningsAccumulatedLosses 2023-05-31 05810855 frs-bus:OrdinaryShareClass2 2022-06-01 2023-05-31 05810855 frs-bus:OrdinaryShareClass3 2022-06-01 2023-05-31 05810855 frs-bus:OrdinaryShareClass4 2022-06-01 2023-05-31
Registered number: 05810855
Saleboards 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: 05810855
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 6,756 8,645
Investments 5 - 100
6,756 8,745
CURRENT ASSETS
Debtors 6 72,923 18,915
Cash at bank and in hand 28,580 93,518
101,503 112,433
Creditors: Amounts Falling Due Within One Year 7 (101,968 ) (84,750 )
NET CURRENT ASSETS (LIABILITIES) (465 ) 27,683
TOTAL ASSETS LESS CURRENT LIABILITIES 6,291 36,428
Creditors: Amounts Falling Due After More Than One Year 8 (6,000 ) (10,158 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (1,076 ) (1,185 )
NET (LIABILITIES)/ASSETS (785 ) 25,085
CAPITAL AND RESERVES
Called up share capital 9 1,000 1,000
Profit and Loss Account (1,785 ) 24,085
SHAREHOLDERS' FUNDS (785) 25,085
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
Dr J P Newall
Director
14/02/2025
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
Saleboards Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05810855 . The registered office is 51 South Street, Exeter, Devon, EX1 1EE.
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. 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 10% on cost
Motor Vehicles 25% on reducing balance
Fixtures & Fittings 15% on reducing balance
Computer Equipment 20% on cost
2.4. 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.
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 assets reflect 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 and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are 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: 12 (2023: 11)
12 11
Page 3
Page 4
4. Tangible Assets
Land & Property
Leasehold Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 June 2023 13,404 7,405 16,108 20,860 57,777
Additions - - 464 157 621
Disposals - - (872 ) (11,267 ) (12,139 )
As at 31 May 2024 13,404 7,405 15,700 9,750 46,259
Depreciation
As at 1 June 2023 13,404 6,944 12,732 16,052 49,132
Provided during the period - 115 535 848 1,498
Disposals - - (594 ) (10,533 ) (11,127 )
As at 31 May 2024 13,404 7,059 12,673 6,367 39,503
Net Book Value
As at 31 May 2024 - 346 3,027 3,383 6,756
As at 1 June 2023 - 461 3,376 4,808 8,645
5. Investments
Listed
£
Cost
As at 1 June 2023 100
Disposals (100 )
As at 31 May 2024 -
Provision
As at 1 June 2023 -
As at 31 May 2024 -
Net Book Value
As at 31 May 2024 -
As at 1 June 2023 100
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 5,122 2,997
Amounts recoverable on contracts 24,708 15,918
Other debtors 43,093 -
72,923 18,915
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Page 5
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 12,196 9,281
Bank loans and overdrafts 6,000 6,628
Other creditors 71,962 54,613
Taxation and social security 11,810 14,228
101,968 84,750
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 6,000 10,158
9. Share Capital
2024 2023
Allotted, called up and fully paid £ £
475 Ordinary A shares of £ 1.00 each 475 475
475 Ordinary B shares of £ 1.00 each 475 475
50 Ordinary C shares of £ 1.00 each 50 50
1,000 1,000
10. Pension Commitments
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate. 
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