Acorah Software Products - Accounts Production 16.1.300 false true 31 March 2024 1 April 2023 false 1 April 2024 31 December 2024 31 December 2024 08928671 Mr Duncan Kershaw Mr Neil McEwan Mr Chris Lamb iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08928671 2024-03-31 08928671 2024-12-31 08928671 2024-04-01 2024-12-31 08928671 frs-core:CurrentFinancialInstruments 2024-12-31 08928671 frs-core:ComputerEquipment 2024-12-31 08928671 frs-core:ComputerEquipment 2024-04-01 2024-12-31 08928671 frs-core:ComputerEquipment 2024-03-31 08928671 frs-core:FurnitureFittings 2024-12-31 08928671 frs-core:FurnitureFittings 2024-04-01 2024-12-31 08928671 frs-core:FurnitureFittings 2024-03-31 08928671 frs-core:PlantMachinery 2024-12-31 08928671 frs-core:PlantMachinery 2024-04-01 2024-12-31 08928671 frs-core:PlantMachinery 2024-03-31 08928671 frs-core:ShareCapital 2024-12-31 08928671 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 08928671 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2024-12-31 08928671 frs-bus:FilletedAccounts 2024-04-01 2024-12-31 08928671 frs-bus:SmallEntities 2024-04-01 2024-12-31 08928671 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2024-12-31 08928671 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2024-12-31 08928671 frs-core:CostValuation 2024-03-31 08928671 frs-core:CostValuation 2024-12-31 08928671 frs-core:ProvisionsForImpairmentInvestments 2024-03-31 08928671 frs-core:ProvisionsForImpairmentInvestments 2024-12-31 08928671 frs-bus:Director1 2024-04-01 2024-12-31 08928671 frs-bus:Director2 2024-04-01 2024-12-31 08928671 frs-bus:Director3 2024-04-01 2024-12-31 08928671 frs-countries:EnglandWales 2024-04-01 2024-12-31 08928671 2023-03-31 08928671 2024-03-31 08928671 2023-04-01 2024-03-31 08928671 frs-core:CurrentFinancialInstruments 2024-03-31 08928671 frs-core:WithinOneYear 2024-03-31 08928671 frs-core:ShareCapital 2024-03-31 08928671 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 08928671
Ballistic Moon Ltd
Financial Statements
For the Period 1 April 2024 to 31 December 2024
Jays Accountants & Tax Advisors LLP
Chartered Certified Accountants
The Old Coach House, 83a Victoria Road
Farnborough
Hampshire
GU14 7PP
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 08928671
31 December 2024 31 March 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 246,658 348,681
Investments 5 1 1
246,659 348,682
CURRENT ASSETS
Debtors 6 976,763 2,849,028
Cash at bank and in hand 927,019 960,097
1,903,782 3,809,125
Creditors: Amounts Falling Due Within One Year 7 (313,005 ) (1,112,710 )
NET CURRENT ASSETS (LIABILITIES) 1,590,777 2,696,415
TOTAL ASSETS LESS CURRENT LIABILITIES 1,837,436 3,045,097
PROVISIONS FOR LIABILITIES
Deferred Taxation 8 (44,716 ) (66,250 )
NET ASSETS 1,792,720 2,978,847
CAPITAL AND RESERVES
Called up share capital 9 6 6
Profit and Loss Account 1,792,714 2,978,841
SHAREHOLDERS' FUNDS 1,792,720 2,978,847
Page 1
Page 2
For the period ending 31 December 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 Duncan Kershaw
Director
13 March 2025
The notes on pages 3 to 6 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Ballistic Moon Ltd Registered number 08928671 is a limited by shares company incorporated in England & Wales. The Registered Office is 85 Great Portland Street, First Floor, London, W1W 7LT.
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. 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
Fixtures & Fittings 25% straight line
Computer Equipment 25% straight line
2.4. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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 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.
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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3. Average Number of Employees
Average number of employees, including directors, during the period was:
31 December 2024 31 March 2024
Office and administration 50 57
Sales, marketing and distribution 3 3
53 60
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 April 2024 3,879 59,223 495,814 558,916
Additions - 800 10,516 11,316
Disposals - - (9,250 ) (9,250 )
As at 31 December 2024 3,879 60,023 497,080 560,982
Depreciation
As at 1 April 2024 970 24,987 184,278 210,235
Provided during the period 727 10,614 92,748 104,089
As at 31 December 2024 1,697 35,601 277,026 314,324
Net Book Value
As at 31 December 2024 2,182 24,422 220,054 246,658
As at 1 April 2024 2,909 34,236 311,536 348,681
5. Investments
Subsidiaries
£
Cost
As at 1 April 2024 1
As at 31 December 2024 1
Provision
As at 1 April 2024 -
As at 31 December 2024 -
Net Book Value
As at 31 December 2024 1
As at 1 April 2024 1
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6. Debtors
31 December 2024 31 March 2024
£ £
Due within one year
Trade debtors 185,250 650,441
Prepayments and accrued income 72,781 236,273
Corporation tax recoverable assets 240,659 65,298
Net wages - 1,178
Directors' loan accounts 161,298 23,791
Amounts owed by subsidiaries 316,775 1,872,047
976,763 2,849,028
7. Creditors: Amounts Falling Due Within One Year
31 December 2024 31 March 2024
£ £
Trade creditors 20,661 242,733
Bank loans and overdrafts 2,597 37,498
Other taxes and social security 52,383 179,092
VAT 89,398 327,658
Other Corporation Tax 46,409 8,030
Accruals and deferred income 101,557 305,466
Directors' loan accounts - 12,233
313,005 1,112,710
8. Deferred Taxation
The provision for deferred tax is made up as follows:
31 December 2024 31 March 2024
£ £
Other timing differences 44,716 66,250
9. Share Capital
31 December 2024 31 March 2024
£ £
Allotted, Called up and fully paid 6 6
Page 5
Page 6
10. Other Commitments
At the end of the period the company had minimum lease payments under non-cancellable leases as follows:
During the year the company occupied premises under an operating lease. The term of the lease is for a period of 2 years, commencing 16 September 2022.
31 December 2024 31 March 2024
£ £
Not later than one year - 31,159
- 31,159
11. Related Party Transactions
During the period, the company undertook transactions with its wholly owned subsidiary, Ballistic Moon Development Ltd. 
Under agreements in place between the two parties, the company transacted with its subsidiary in respect of development costs of £5,087,967  (March 2024: £8,643,668) and the subsidiary transacted with the company in respect of resourcing fees of £5,087,967 (March 2024: £8,643,668).
Ballistic Moon Development Ltd is limited by shares, incorporated in England & Wales, registered number 13632159. The registered office is 85 Great Portland Street, First Floor, London, W1W 7LT.
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