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 12033928 S Bennett true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12033928 2023-06-30 12033928 2024-06-30 12033928 2023-07-01 2024-06-30 12033928 frs-core:CurrentFinancialInstruments 2024-06-30 12033928 frs-core:PlantMachinery 2024-06-30 12033928 frs-core:PlantMachinery 2023-07-01 2024-06-30 12033928 frs-core:PlantMachinery 2023-06-30 12033928 frs-core:ShareCapital 2024-06-30 12033928 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 12033928 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 12033928 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 12033928 frs-bus:SmallEntities 2023-07-01 2024-06-30 12033928 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 12033928 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 12033928 1 2023-07-01 2024-06-30 12033928 frs-bus:Director1 2023-07-01 2024-06-30 12033928 frs-countries:EnglandWales 2023-07-01 2024-06-30 12033928 2022-06-30 12033928 2023-06-30 12033928 2022-07-01 2023-06-30 12033928 frs-core:CurrentFinancialInstruments 2023-06-30 12033928 frs-core:ShareCapital 2023-06-30 12033928 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30
Registered number: 12033928
SB-Architects Limited
Unaudited Financial Statements
For The Year Ended 30 June 2024
A K E Tax & Accountancy Ltd
Chartered Certified Accountants
Hoddesdon Enterprise Centre
Pindar Road
Hoddesdon
Hertfordshire
EN11 0FJ
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 12033928
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,140 1,338
1,140 1,338
CURRENT ASSETS
Debtors 5 37,970 22,411
Cash at bank and in hand 161,333 112,871
199,303 135,282
Creditors: Amounts Falling Due Within One Year 6 (45,639 ) (36,982 )
NET CURRENT ASSETS (LIABILITIES) 153,664 98,300
TOTAL ASSETS LESS CURRENT LIABILITIES 154,804 99,638
NET ASSETS 154,804 99,638
CAPITAL AND RESERVES
Called up share capital 7 1 1
Profit and Loss Account 154,803 99,637
SHAREHOLDERS' FUNDS 154,804 99,638
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 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
S Bennett
Director
11 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
SB-Architects Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12033928 . The registered office is Hoddesdon Enterprise Centre, Pindar Road, Hoddesdon, Hertfordshire, EN11 0FJ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
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 rendering of services. Turnover from the rendering of services is recognised in the period the service is provided.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant & Machinery 25% reducing balance
2.4. Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
2.5. Debtors
Short term debtors are measured at transaction price (which is usually the invoice 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.
2.6. Creditors
Short term creditors are measured at transaction price (which is usually the invoice 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
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 July 2023 3,430
Additions 183
As at 30 June 2024 3,613
...CONTINUED
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Depreciation
As at 1 July 2023 2,092
Provided during the period 381
As at 30 June 2024 2,473
Net Book Value
As at 30 June 2024 1,140
As at 1 July 2023 1,338
5. Debtors
2024 2023
£ £
Due within one year
Other debtors 37,970 22,411
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 335 -
Other creditors 2,576 3,505
Taxation and social security 42,728 33,477
45,639 36,982
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
8. Related Party Transactions
S Bennett
The above is a related party by virtue of being the director.
During the period the director drew monies against his loan account.
At the balance sheet date, the related party owed to the company £19,566 (2023:£1,393)
No interest was charged on this loan during the period.
Lees Architects LLP
The above is a related party by virtue of the company being a partner in the LLP.
During the period funds were advanced to the LLP and costs incurred on the LLP behalf.
At the balance sheet date, the company was owed £19,457 (2023: £21,922).
No interest has been charged on this loan during the period.
9. Ultimate Controlling Party
The ultimate controlling party is S Bennett by virtue of his 100% shareholding in the issued share capital of the company.
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