Acorah Software Products - Accounts Production 16.1.300 false true 30 June 2023 1 July 2022 false 1 July 2023 30 June 2024 30 June 2024 12064667 Mrs Nicola Ramsbottom Mr David Ramsbottom the directors true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12064667 2023-06-30 12064667 2024-06-30 12064667 2023-07-01 2024-06-30 12064667 frs-core:CurrentFinancialInstruments 2024-06-30 12064667 frs-core:Non-currentFinancialInstruments 2024-06-30 12064667 frs-core:ComputerEquipment 2024-06-30 12064667 frs-core:ComputerEquipment 2023-07-01 2024-06-30 12064667 frs-core:ComputerEquipment 2023-06-30 12064667 frs-core:PlantMachinery 2024-06-30 12064667 frs-core:PlantMachinery 2023-07-01 2024-06-30 12064667 frs-core:PlantMachinery 2023-06-30 12064667 frs-core:ShareCapital 2024-06-30 12064667 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 12064667 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 12064667 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 12064667 frs-bus:SmallEntities 2023-07-01 2024-06-30 12064667 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 12064667 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 12064667 1 2023-07-01 2024-06-30 12064667 frs-bus:Director1 2023-07-01 2024-06-30 12064667 frs-bus:Director2 2023-07-01 2024-06-30 12064667 frs-countries:EnglandWales 2023-07-01 2024-06-30 12064667 2022-06-30 12064667 2023-06-30 12064667 2022-07-01 2023-06-30 12064667 frs-core:CurrentFinancialInstruments 2023-06-30 12064667 frs-core:Non-currentFinancialInstruments 2023-06-30 12064667 frs-core:ShareCapital 2023-06-30 12064667 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30
Registered number: 12064667
Innerglow Limited
Unaudited Financial Statements
For The Year Ended 30 June 2024
Graver & Co Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 12064667
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 2,017 779
2,017 779
CURRENT ASSETS
Stocks 5 1,500 1,500
Debtors 6 8,028 8,266
Cash at bank and in hand 31,253 47,346
40,781 57,112
Creditors: Amounts Falling Due Within One Year 7 (5,484 ) (8,222 )
NET CURRENT ASSETS (LIABILITIES) 35,297 48,890
TOTAL ASSETS LESS CURRENT LIABILITIES 37,314 49,669
Creditors: Amounts Falling Due After More Than One Year 8 (11,957 ) (5,212 )
NET ASSETS 25,357 44,457
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 25,257 44,357
SHAREHOLDERS' FUNDS 25,357 44,457
Page 1
Page 2
For the year ending 30 June 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 Nicola Ramsbottom
Director
Mr David Ramsbottom
Director
7th February 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
Innerglow Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12064667 . The registered office is 2 Station Road, Brundall, NR13 5LA.
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 comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. All income is derived from activities within the UK.
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:
Plant & Machinery 25% reducing balance
Computer Equipment 25% reducing balance
2.4. 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: 2)
2 2
4. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 1 July 2023 737 1,065 1,802
Additions 599 1,310 1,909
As at 30 June 2024 1,336 2,375 3,711
Depreciation
As at 1 July 2023 390 633 1,023
Provided during the period 236 435 671
As at 30 June 2024 626 1,068 1,694
...CONTINUED
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Page 4
Net Book Value
As at 30 June 2024 710 1,307 2,017
As at 1 July 2023 347 432 779
5. Stocks
2024 2023
£ £
Materials 1,500 1,500
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 3,072 3,676
Prepayments and accrued income 1,591 1,373
Other debtors 2,585 2,278
VAT 780 939
8,028 8,266
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 1,100 1,080
Corporation tax 4,384 7,142
5,484 8,222
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Directors loan account 11,957 5,212
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
10. Directors Advances, Credits and Guarantees
Dividends paid to directors
Page 4
Page 5
2024 2023
£ £
Mrs Nicola Ramsbottom 1,000 2,000
Mr David Ramsbottom 38,000 38,000
11. Ultimate Controlling Party
The company's ultimate controlling party are the directors by virtue of their ownership of 100% of the issued share capital in the company.
Page 5