Acorah Software Products - Accounts Production 16.1.300 false true 29 February 2024 1 March 2023 false 1 March 2024 28 February 2025 28 February 2025 04526477 Mrs J Edwards Mr M Edwards iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04526477 2024-02-29 04526477 2025-02-28 04526477 2024-03-01 2025-02-28 04526477 frs-core:CurrentFinancialInstruments 2025-02-28 04526477 frs-core:ComputerEquipment 2025-02-28 04526477 frs-core:ComputerEquipment 2024-03-01 2025-02-28 04526477 frs-core:ComputerEquipment 2024-02-29 04526477 frs-core:NetGoodwill 2025-02-28 04526477 frs-core:NetGoodwill 2024-03-01 2025-02-28 04526477 frs-core:NetGoodwill 2024-02-29 04526477 frs-core:ShareCapital 2025-02-28 04526477 frs-core:RetainedEarningsAccumulatedLosses 2025-02-28 04526477 frs-bus:PrivateLimitedCompanyLtd 2024-03-01 2025-02-28 04526477 frs-bus:FilletedAccounts 2024-03-01 2025-02-28 04526477 frs-bus:SmallEntities 2024-03-01 2025-02-28 04526477 frs-bus:AuditExempt-NoAccountantsReport 2024-03-01 2025-02-28 04526477 frs-bus:SmallCompaniesRegimeForAccounts 2024-03-01 2025-02-28 04526477 frs-bus:Director1 2024-03-01 2025-02-28 04526477 frs-bus:Director2 2024-03-01 2025-02-28 04526477 frs-countries:EnglandWales 2024-03-01 2025-02-28 04526477 2023-02-28 04526477 2024-02-29 04526477 2023-03-01 2024-02-29 04526477 frs-core:CurrentFinancialInstruments 2024-02-29 04526477 frs-core:ShareCapital 2024-02-29 04526477 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29
Registered number: 04526477
Sutton Road Tax Services Limited
Unaudited Financial Statements
For The Year Ended 28 February 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 04526477
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 261 325
261 325
CURRENT ASSETS
Debtors 6 3,630 7,008
Cash at bank and in hand 27,399 28,442
31,029 35,450
Creditors: Amounts Falling Due Within One Year 7 (21,458 ) (12,655 )
NET CURRENT ASSETS (LIABILITIES) 9,571 22,795
TOTAL ASSETS LESS CURRENT LIABILITIES 9,832 23,120
NET ASSETS 9,832 23,120
CAPITAL AND RESERVES
Called up share capital 8 2 2
Profit and Loss Account 9,830 23,118
SHAREHOLDERS' FUNDS 9,832 23,120
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For the year ending 28 February 2025 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 M Edwards
Director
7 March 2025
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Sutton Road Tax Services Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04526477 . The registered office is 4 Elliott Close, Bidford On Avon, Warwickshire, B50 4QF.
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.
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 of 5 years.
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:
Computer Equipment 25% reducing balance
2.5. Taxation
The tax currently payable is based on taxable profit for the year. 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 asset reflects 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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2.6. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 2)
2 2
4. Intangible Assets
Goodwill
£
Cost
As at 1 March 2024 3,000
As at 28 February 2025 3,000
Amortisation
As at 1 March 2024 3,000
As at 28 February 2025 3,000
Net Book Value
As at 28 February 2025 -
As at 1 March 2024 -
5. Tangible Assets
Computer Equipment
£
Cost
As at 1 March 2024 3,522
As at 28 February 2025 3,522
Depreciation
As at 1 March 2024 3,197
Provided during the period 64
As at 28 February 2025 3,261
Net Book Value
As at 28 February 2025 261
As at 1 March 2024 325
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6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 3,630 7,008
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Other creditors 13,149 3,418
Taxation and social security 8,309 9,237
21,458 12,655
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 2 2
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