Acorah Software Products - Accounts Production 16.1.300 false true 31 May 2023 30 May 2022 false 1 June 2023 31 May 2024 31 May 2024 14142416 Mr Thomas Davies Mr Giles Livesey iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14142416 2023-05-31 14142416 2024-05-31 14142416 2023-06-01 2024-05-31 14142416 frs-core:CurrentFinancialInstruments 2024-05-31 14142416 frs-core:Non-currentFinancialInstruments 2024-05-31 14142416 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-06-01 2024-05-31 14142416 frs-core:OtherResidualIntangibleAssets 2024-05-31 14142416 frs-core:OtherResidualIntangibleAssets 2023-05-31 14142416 frs-core:ShareCapital 2024-05-31 14142416 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 14142416 frs-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 14142416 frs-bus:FilletedAccounts 2023-06-01 2024-05-31 14142416 frs-bus:SmallEntities 2023-06-01 2024-05-31 14142416 frs-bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 14142416 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 14142416 frs-bus:Director1 2023-06-01 2024-05-31 14142416 frs-bus:Director2 2023-06-01 2024-05-31 14142416 frs-countries:EnglandWales 2023-06-01 2024-05-31 14142416 2022-05-29 14142416 2023-05-31 14142416 2022-05-30 2023-05-31 14142416 frs-core:CurrentFinancialInstruments 2023-05-31 14142416 frs-core:Non-currentFinancialInstruments 2023-05-31 14142416 frs-core:ShareCapital 2023-05-31 14142416 frs-core:RetainedEarningsAccumulatedLosses 2023-05-31
Registered number: 14142416
Productlocker Ltd
Unaudited Financial Statements
For The Year Ended 31 May 2024
Suttle & Co
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 14142416
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 2,157 2,157
2,157 2,157
CURRENT ASSETS
Cash at bank and in hand 820 2,546
820 2,546
Creditors: Amounts Falling Due Within One Year 5 (35,068 ) (36,000 )
NET CURRENT ASSETS (LIABILITIES) (34,248 ) (33,454 )
TOTAL ASSETS LESS CURRENT LIABILITIES (32,091 ) (31,297 )
Creditors: Amounts Falling Due After More Than One Year 6 (40,879 ) (11,000 )
NET LIABILITIES (72,970 ) (42,297 )
CAPITAL AND RESERVES
Called up share capital 7 500 100
Profit and Loss Account (73,470 ) (42,397 )
SHAREHOLDERS' FUNDS (72,970) (42,297)
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 Thomas Davies
Director
24/02/2025
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
Productlocker Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14142416 . The registered office is Ambleside, Holtwood, Holt, Wimborne, BH21 7DX.
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 - Other Intangible
Other intangible assets are .... It is amortised to profit and loss account over its estimated economic life of .... years.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Intangible Assets
Other
£
Cost
As at 1 June 2023 2,157
As at 31 May 2024 2,157
Net Book Value
As at 31 May 2024 2,157
As at 1 June 2023 2,157
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 1 -
VAT 748 105
Charge Card Account 2,887 4,925
Accruals and deferred income 300 250
Directors' loan accounts 31,132 30,720
35,068 36,000
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Page 4
6. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Loans 40,879 11,000
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 500 100
Page 4