Acorah Software Products - Accounts Production 16.1.300 false true 31 March 2024 1 April 2023 false 1 April 2024 31 October 2024 31 October 2024 05148789 Mr Harishsangar Shanmugarajah Mr Harikaran Shanmugarajah Ms Kajanthini Shanmugarajah Mr Partheepan Shanmugarajah Mr John Haydon iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05148789 2024-03-31 05148789 2024-10-31 05148789 2024-04-01 2024-10-31 05148789 frs-core:CurrentFinancialInstruments 2024-10-31 05148789 frs-core:ComputerEquipment 2024-04-01 2024-10-31 05148789 frs-core:FurnitureFittings 2024-04-01 2024-10-31 05148789 frs-core:NetGoodwill 2024-10-31 05148789 frs-core:NetGoodwill 2024-04-01 2024-10-31 05148789 frs-core:NetGoodwill 2024-03-31 05148789 frs-core:LandBuildings 2024-10-31 05148789 frs-core:LandBuildings 2024-04-01 2024-10-31 05148789 frs-core:LandBuildings 2024-03-31 05148789 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-04-01 2024-10-31 05148789 frs-core:MotorVehicles 2024-04-01 2024-10-31 05148789 frs-core:PlantMachinery 2024-10-31 05148789 frs-core:PlantMachinery 2024-04-01 2024-10-31 05148789 frs-core:PlantMachinery 2024-03-31 05148789 frs-core:ShareCapital 2024-10-31 05148789 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31 05148789 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2024-10-31 05148789 frs-bus:FilletedAccounts 2024-04-01 2024-10-31 05148789 frs-bus:SmallEntities 2024-04-01 2024-10-31 05148789 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2024-10-31 05148789 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2024-10-31 05148789 frs-bus:Director1 2024-04-01 2024-10-31 05148789 frs-bus:Director2 2024-04-01 2024-10-31 05148789 frs-bus:Director3 2024-04-01 2024-10-31 05148789 frs-bus:Director4 2024-04-01 2024-10-31 05148789 frs-bus:Director5 2024-04-01 2024-10-31 05148789 frs-countries:EnglandWales 2024-04-01 2024-10-31 05148789 2023-03-31 05148789 2024-03-31 05148789 2023-04-01 2024-03-31 05148789 frs-core:CurrentFinancialInstruments 2024-03-31 05148789 frs-core:ShareCapital 2024-03-31 05148789 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 05148789
Bryn Marl Limited
Unaudited Financial Statements
For the Period 1 April 2024 to 31 October 2024
Clear Accounting Limited
Parc Gwyddoniaeth Menai
Gaerwen
Ynys Mon
LL60 6AG
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 05148789
31 October 2024 31 March 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 98,811 102,495
98,811 102,495
CURRENT ASSETS
Debtors 6 301,788 137,024
Cash at bank and in hand 292,856 245,805
594,644 382,829
Creditors: Amounts Falling Due Within One Year 7 (241,818 ) (181,126 )
NET CURRENT ASSETS (LIABILITIES) 352,826 201,703
TOTAL ASSETS LESS CURRENT LIABILITIES 451,637 304,198
PROVISIONS FOR LIABILITIES
Deferred Taxation (23,940 ) (25,624 )
NET ASSETS 427,697 278,574
CAPITAL AND RESERVES
Called up share capital 8 202 202
Profit and Loss Account 427,495 278,372
SHAREHOLDERS' FUNDS 427,697 278,574
Page 1
Page 2
For the period ending 31 October 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 Harishsangar Shanmugarajah
Director
3rd March 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
Bryn Marl Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05148789 . The registered office is Marl Drive, Llandudno Junction, Gwynedd, LL31 9YX.
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 - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life.
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 15% reducing balance
Plant & Machinery 25% reducing balance
Motor Vehicles 25% reducing balance
Fixtures & Fittings 15% reducing balance
Computer Equipment 25% reducing balance
2.5. 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 or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
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3. Average Number of Employees
Average number of employees, including directors, during the period was: 54 (2024: 55)
54 55
4. Intangible Assets
Goodwill
£
Cost
As at 1 April 2024 269,500
As at 31 October 2024 269,500
Amortisation
As at 1 April 2024 269,500
As at 31 October 2024 269,500
Net Book Value
As at 31 October 2024 -
As at 1 April 2024 -
5. Tangible Assets
Land & Buildings Plant & Machinery etc. Total
£ £ £
Cost
As at 1 April 2024 12,274 307,659 319,933
Additions - 6,659 6,659
As at 31 October 2024 12,274 314,318 326,592
Depreciation
As at 1 April 2024 8,929 208,509 217,438
Provided during the period 293 10,050 10,343
As at 31 October 2024 9,222 218,559 227,781
Net Book Value
As at 31 October 2024 3,052 95,759 98,811
As at 1 April 2024 3,345 99,150 102,495
6. Debtors
31 October 2024 31 March 2024
£ £
Due within one year
Trade debtors 52,550 127,673
Other debtors 249,238 9,351
301,788 137,024
Page 4
Page 5
7. Creditors: Amounts Falling Due Within One Year
31 October 2024 31 March 2024
£ £
Trade creditors 24,665 18,136
Other creditors 95,823 75,832
Taxation and social security 121,330 87,158
241,818 181,126
8. Share Capital
31 October 2024 31 March 2024
£ £
Allotted, Called up and fully paid 202 202
Page 5