Acorah Software Products - Accounts Production 16.0.110 false true 30 June 2023 1 July 2022 false 1 July 2023 30 June 2024 30 June 2024 09777307 Mrs Anne Fitzpatrick Mr Martin Fitzpatrick iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09777307 2023-06-30 09777307 2024-06-30 09777307 2023-07-01 2024-06-30 09777307 frs-core:CurrentFinancialInstruments 2024-06-30 09777307 frs-core:ShareCapital 2024-06-30 09777307 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 09777307 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 09777307 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 09777307 frs-bus:SmallEntities 2023-07-01 2024-06-30 09777307 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 09777307 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 09777307 frs-bus:OrdinaryShareClass1 2023-07-01 2024-06-30 09777307 frs-bus:OrdinaryShareClass1 2024-06-30 09777307 frs-core:CostValuation 2023-06-30 09777307 frs-core:DisposalsRepaymentsInvestments 2024-06-30 09777307 frs-core:CostValuation 2024-06-30 09777307 frs-core:ProvisionsForImpairmentInvestments 2023-06-30 09777307 frs-core:ProvisionsForImpairmentInvestments 2024-06-30 09777307 frs-bus:Director1 2023-07-01 2024-06-30 09777307 frs-bus:Director1 2023-06-30 09777307 frs-bus:Director1 2024-06-30 09777307 frs-bus:Director2 2023-07-01 2024-06-30 09777307 frs-countries:EnglandWales 2023-07-01 2024-06-30 09777307 2022-06-30 09777307 2023-06-30 09777307 2022-07-01 2023-06-30 09777307 frs-core:CurrentFinancialInstruments 2023-06-30 09777307 frs-core:ShareCapital 2023-06-30 09777307 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30 09777307 frs-bus:OrdinaryShareClass1 2022-07-01 2023-06-30
Registered number: 09777307
Sandpiper Beaudesert Limited
Unaudited Financial Statements
For The Year Ended 30 June 2024
DKR Chartered Accountants
36 Lichfield Street
Walsall
West Midlands
WS1 1TJ
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 09777307
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investments 4 100 133
100 133
CURRENT ASSETS
Stocks 5 482,137 190,744
Debtors 6 723,215 954,331
Cash at bank and in hand 98,879 72,159
1,304,231 1,217,234
Creditors: Amounts Falling Due Within One Year 7 (131,908 ) (50,372 )
NET CURRENT ASSETS (LIABILITIES) 1,172,323 1,166,862
TOTAL ASSETS LESS CURRENT LIABILITIES 1,172,423 1,166,995
NET ASSETS 1,172,423 1,166,995
CAPITAL AND RESERVES
Called up share capital 8 515,001 515,001
Profit and Loss Account 657,422 651,994
SHAREHOLDERS' FUNDS 1,172,423 1,166,995
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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 Martin Fitzpatrick
Director
14th March 2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Sandpiper Beaudesert Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09777307 . The registered office is 3b Tournament Court, Edgehill Drive , Tournament Fields, Warwick, CV34 6LG.
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, rebates and value added taxes.
2.3. 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.
2.4. 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 and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Investments
Subsidiaries
£
Cost
As at 1 July 2023 1,035,183
Disposals (33 )
As at 30 June 2024 1,035,150
Provision
As at 1 July 2023 1,035,050
As at 30 June 2024 1,035,050
...CONTINUED
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Page 4
Net Book Value
As at 30 June 2024 100
As at 1 July 2023 133
5. Stocks
2024 2023
£ £
Work in progress 482,137 190,744
6. Debtors
2024 2023
£ £
Due within one year
Other debtors 720,150 699,686
VAT 1,246 9,145
Other taxes and social security 1,819 1,875
Directors' loan accounts - 243,625
723,215 954,331
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Corporation tax - 2,174
Other creditors 18,500 33
Accruals and deferred income 48,908 48,165
Directors' loan accounts 64,500 -
131,908 50,372
8. Share Capital
2024 2023
Allotted, called up and fully paid £ £
515,001 Ordinary Shares of £ 1 each 515,001 515,001
9. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 July 2023 Amounts advanced Amounts repaid Amounts written off As at 30 June 2024
£ £ £ £ £
Mr Martin Fitzpatrick 243,625 - 243,625 - -
The above loan is unsecured, interest free and repayable on demand.
10. Related Party Transactions
As of 30 June 2024, there were amounts owed to Sandpiper Beaudesert by entities under common control of £720,150 (2023: £699,686). These loans are interest free and repayable on demand.
As of 30 June 2024, there were amounts owed by Sandpiper Beaudesert to a subsidiary of £18,500 (2023: nil). This loan is interest free and repayable on demand.
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