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 10226601 Mr Darren Farebrother Mrs Michelle Farebrother Darren Farebrother true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10226601 2023-06-30 10226601 2024-06-30 10226601 2023-07-01 2024-06-30 10226601 frs-core:CurrentFinancialInstruments 2024-06-30 10226601 frs-core:ComputerEquipment 2024-06-30 10226601 frs-core:ComputerEquipment 2023-07-01 2024-06-30 10226601 frs-core:ComputerEquipment 2023-06-30 10226601 frs-core:PlantMachinery 2024-06-30 10226601 frs-core:PlantMachinery 2023-07-01 2024-06-30 10226601 frs-core:PlantMachinery 2023-06-30 10226601 frs-core:ShareCapital 2024-06-30 10226601 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 10226601 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 10226601 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 10226601 frs-bus:SmallEntities 2023-07-01 2024-06-30 10226601 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 10226601 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 10226601 1 2023-07-01 2024-06-30 10226601 frs-bus:Director1 2023-07-01 2024-06-30 10226601 frs-bus:Director2 2023-07-01 2024-06-30 10226601 1 2023-07-01 2024-06-30 10226601 2 2023-07-01 2024-06-30 10226601 frs-countries:EnglandWales 2023-07-01 2024-06-30 10226601 2022-06-30 10226601 2023-06-30 10226601 2022-07-01 2023-06-30 10226601 frs-core:CurrentFinancialInstruments 2023-06-30 10226601 frs-core:ShareCapital 2023-06-30 10226601 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30 10226601 1 2022-07-01 2023-06-30 10226601 2 2022-07-01 2023-06-30
Registered number: 10226601
ISR LTD
Unaudited Financial Statements
For The Year Ended 30 June 2024
Paul Monaghan Chartered Accountant
ICAEW
18 Hartshill Close
Uxbridge
Middlesex
UB10 9LH
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 10226601
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 13,285 16,265
13,285 16,265
CURRENT ASSETS
Cash at bank and in hand 10,720 5,805
10,720 5,805
Creditors: Amounts Falling Due Within One Year 6 (16,479 ) (15,815 )
NET CURRENT ASSETS (LIABILITIES) (5,759 ) (10,010 )
TOTAL ASSETS LESS CURRENT LIABILITIES 7,526 6,255
NET ASSETS 7,526 6,255
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account 7,426 6,155
SHAREHOLDERS' FUNDS 7,526 6,255
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
Mr Darren Farebrother
Director
5 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
ISR LTD is a private company, limited by shares, incorporated in England & Wales, registered number 10226601 . The registered office is 6 MEDLAR CLOSE, NORTHOLT, MIDDLESEX, UB5 5PR.
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
Rigging turnover shown in the profit and loss account represents the fair value of revenue earned during the period based on work done for or services provded, and accepted by clients, excluding VAT.  Pedalo turnover represents the fair value of the sale of hourly boat hire to customers. recognised at the time the boat is rentted, net of refund given.
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 5 years
Computer Equipment 3 years
2.4. Taxation
Income tax expense represents the tax currently payable.
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.

2.5. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2024 2023
Directors 2 2
Boat Staff 3 -
5 2
Page 3
Page 4
4. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 1 July 2023 27,639 854 28,493
Additions 2,676 - 2,676
As at 30 June 2024 30,315 854 31,169
Depreciation
As at 1 July 2023 11,374 854 12,228
Provided during the period 5,656 - 5,656
As at 30 June 2024 17,030 854 17,884
Net Book Value
As at 30 June 2024 13,285 - 13,285
As at 1 July 2023 16,265 - 16,265
5. Debtors
2024 2023
£ £
Due within one year
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Corporation tax 2,991 1,118
Accruals and deferred income 1,440 1,440
Directors' loan accounts 12,048 13,257
16,479 15,815
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
8. Directors Advances, Credits and Guarantees
Dividends paid to directors
Page 4
Page 5
2024 2023
£ £
Mr Darren Farebrother - 5,100
Mrs Michelle Farebrother - 5,100
9. Dividends
2024 2023
£ £
On equity shares:
Interim dividend paid 8,500 10,200
10. Ultimate Controlling Party
The company's ultimate controlling party is Darren Farebrother by virtue of his position as Managing Director and ownership of 50% of the issued share capital in the company.
Page 5