Acorah Software Products - Accounts Production 16.1.300 false true false 12 June 2023 30 June 2024 30 June 2024 14929546 James Poole iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14929546 2023-06-11 14929546 2024-06-30 14929546 2023-06-12 2024-06-30 14929546 frs-core:CurrentFinancialInstruments 2024-06-30 14929546 frs-core:BetweenOneFiveYears 2024-06-30 14929546 frs-core:ComputerEquipment 2024-06-30 14929546 frs-core:ComputerEquipment 2023-06-12 2024-06-30 14929546 frs-core:ComputerEquipment 2023-06-11 14929546 frs-core:NetGoodwill 2024-06-30 14929546 frs-core:NetGoodwill 2023-06-12 2024-06-30 14929546 frs-core:NetGoodwill 2023-06-11 14929546 frs-core:PlantMachinery 2024-06-30 14929546 frs-core:PlantMachinery 2023-06-12 2024-06-30 14929546 frs-core:PlantMachinery 2023-06-11 14929546 frs-core:WithinOneYear 2024-06-30 14929546 frs-core:ShareCapital 2024-06-30 14929546 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 14929546 frs-bus:PrivateLimitedCompanyLtd 2023-06-12 2024-06-30 14929546 frs-bus:FilletedAccounts 2023-06-12 2024-06-30 14929546 frs-bus:SmallEntities 2023-06-12 2024-06-30 14929546 frs-bus:AuditExempt-NoAccountantsReport 2023-06-12 2024-06-30 14929546 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-12 2024-06-30 14929546 frs-bus:Director1 2023-06-12 2024-06-30 14929546 frs-countries:EnglandWales 2023-06-12 2024-06-30
Registered number: 14929546
Abc Blinds (Wessex) Ltd
Financial Statements
For the Period 12 June 2023 to 30 June 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 14929546
30 June 2024
Notes £ £
FIXED ASSETS
Intangible Assets 4 16,200
Tangible Assets 5 5,833
22,033
CURRENT ASSETS
Stocks 6 1,000
Debtors 7 1,320
Cash at bank and in hand 3,868
6,188
Creditors: Amounts Falling Due Within One Year 8 (21,951 )
NET CURRENT ASSETS (LIABILITIES) (15,763 )
TOTAL ASSETS LESS CURRENT LIABILITIES 6,270
NET ASSETS 6,270
CAPITAL AND RESERVES
Called up share capital 9 1
Profit and Loss Account 6,269
SHAREHOLDERS' FUNDS 6,270
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For the period 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 member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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
James Poole
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
Abc Blinds (Wessex) Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14929546 . The registered office is 82a Lower Street, Merriott, TA16 5NW.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
These financial statements are presented in Sterling (£) and have been prepared under the historical cost convention and in accordance with the FRS 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 of 10 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:
Plant & Machinery 25% straight line
Computer Equipment 25% straight line
2.5. 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.
2.6. Taxation
The income tax expense represents the tax currently payable. This is based on taxable profit for the period. Taxable profit differs from profit as reported in the statement of profit and loss 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.

Current tax is recognised in profit or loss for the period, except when it relates to items that are recognised in other comprehensive income or directly in equity, in which case current tax is recognised in other comprehensive income or directly in equity respectively.
2.7. Cash and cash equivalents
Cash and cash equivalents comprise cash in hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
2.8. Debtors
Short term debtors are measured at transaction price, less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
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2.9. Creditors
Short term creditors are measured at transaction price. Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
3. Average Number of Employees
During the period the average number of employees, excluding directors without an employment contract, was: NIL
-
4. Intangible Assets
Goodwill
£
Cost
As at 12 June 2023 -
Additions 18,000
As at 30 June 2024 18,000
Amortisation
As at 12 June 2023 -
Provided during the period 1,800
As at 30 June 2024 1,800
Net Book Value
As at 30 June 2024 16,200
As at 12 June 2023 -
5. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 12 June 2023 - - -
Additions 7,420 358 7,778
As at 30 June 2024 7,420 358 7,778
Depreciation
As at 12 June 2023 - - -
Provided during the period 1,855 90 1,945
As at 30 June 2024 1,855 90 1,945
Net Book Value
As at 30 June 2024 5,565 268 5,833
As at 12 June 2023 - - -
6. Stocks
30 June 2024
£
Stock 1,000
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7. Debtors
30 June 2024
£
Due within one year
Trade debtors 1,320
8. Creditors: Amounts Falling Due Within One Year
30 June 2024
£
Corporation tax 1,871
VAT 2,152
Other creditors 3,081
Director's loan account 14,847
21,951
9. Share Capital
30 June 2024
£
Allotted, Called up and fully paid 1
10. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
30 June 2024
£
Not later than one year 12,533
Later than one year and not later than five years 12,533
25,066
The above relates to a 3-year rental lease on the business premises on North Mills Trading Estate, Bridport ending 30 June 2026.
11. Related Party Transactions
The director has provided the company with an interest-free loan, which is repayable on demand. At the balance sheet date the amount due to the director was £14,847.
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