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 10210131 Mr Paul Sparrow Mr Allan Frost iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10210131 2023-05-31 10210131 2024-05-31 10210131 2023-06-01 2024-05-31 10210131 frs-core:CurrentFinancialInstruments 2024-05-31 10210131 frs-core:Non-currentFinancialInstruments 2024-05-31 10210131 frs-core:ShareCapital 2024-05-31 10210131 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 10210131 frs-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 10210131 frs-bus:FilletedAccounts 2023-06-01 2024-05-31 10210131 frs-bus:SmallEntities 2023-06-01 2024-05-31 10210131 frs-bus:AuditExemptWithAccountantsReport 2023-06-01 2024-05-31 10210131 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 10210131 frs-bus:Director1 2023-06-01 2024-05-31 10210131 frs-bus:CompanySecretary1 2023-06-01 2024-05-31 10210131 frs-countries:EnglandWales 2023-06-01 2024-05-31 10210131 2022-05-31 10210131 2023-05-31 10210131 2022-06-01 2023-05-31 10210131 frs-core:CurrentFinancialInstruments 2023-05-31 10210131 frs-core:Non-currentFinancialInstruments 2023-05-31 10210131 frs-core:ShareCapital 2023-05-31 10210131 frs-core:RetainedEarningsAccumulatedLosses 2023-05-31
Registered number: 10210131
Sparrowworld Ltd
Unaudited Financial Statements
For The Year Ended 31 May 2024
March Mutual Ltd
F25 Waterfront Studios
1 Dock Road
London
E16 1AH
Contents
Page
Accountants' Report 1
Balance Sheet 2—3
Notes to the Financial Statements 4—5
Page 1
Accountants' Report
Report to the director on the preparation of the unaudited statutory accounts of Sparrowworld Ltd For The Year Ended 31 May 2024
To assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Sparrowworld Ltd which comprise the Profit and Loss Account, the Balance Sheet and the related notes, from the company’s accounting records and from information and explanations you have given us.
As a practising member firm 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 director of Sparrowworld Ltd , as a body, in accordance with the terms of our engagement letter dated 29 July 2019. Our work has been undertaken solely to prepare for your approval the accounts of Sparrowworld Ltd and state those matters that we have agreed to state to the director of Sparrowworld Ltd , 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 Sparrowworld Ltd and its director as a body for our work or for this report.
It is your duty to ensure that Sparrowworld Ltd 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 Sparrowworld Ltd . You consider that Sparrowworld Ltd 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 Sparrowworld Ltd . 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
17 January 2025
March Mutual Ltd
F25 Waterfront Studios
1 Dock Road
London
E16 1AH
Page 1
Page 2
Balance Sheet
Registered number: 10210131
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Debtors 3 14,142 14,142
Cash at bank and in hand 29,172 21,908
43,314 36,050
Creditors: Amounts Falling Due Within One Year 4 (16,468 ) (16,168 )
NET CURRENT ASSETS (LIABILITIES) 26,846 19,882
TOTAL ASSETS LESS CURRENT LIABILITIES 26,846 19,882
Creditors: Amounts Falling Due After More Than One Year 5 (4,125 ) (5,704 )
NET ASSETS 22,721 14,178
CAPITAL AND RESERVES
Called up share capital 6 1 1
Profit and Loss Account 22,720 14,177
SHAREHOLDERS' FUNDS 22,721 14,178
Page 2
Page 3
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 member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 Sparrow
Director
17 January 2025
The notes on pages 4 to 5 form part of these financial statements.
Page 3
Page 4
Notes to the Financial Statements
1. Accounting Policies
1.1. 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.
1.2. 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.

1.3. 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 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.

2. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
3. Debtors
2024 2023
£ £
Due within one year
Trade debtors 13,650 13,650
Corporation tax recoverable assets 492 492
14,142 14,142
4. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Corporation tax 16,468 16,093
Accruals and deferred income - 75
16,468 16,168
5. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 4,125 5,704
Page 4
Page 5
6. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
7. Dividends
2024 2023
£ £
On equity shares:
Final dividend paid 44,207 53,460
Page 5