Acorah Software Products - Accounts Production 16.1.300 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 10445827 Mr Matthew Baker Mrs Lara Baker iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10445827 2023-03-31 10445827 2024-03-31 10445827 2023-04-01 2024-03-31 10445827 frs-core:CurrentFinancialInstruments 2024-03-31 10445827 frs-core:FurnitureFittings 2023-04-01 2024-03-31 10445827 frs-core:PlantMachinery 2024-03-31 10445827 frs-core:PlantMachinery 2023-04-01 2024-03-31 10445827 frs-core:PlantMachinery 2023-03-31 10445827 frs-core:ShareCapital 2024-03-31 10445827 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 10445827 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 10445827 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 10445827 frs-bus:SmallEntities 2023-04-01 2024-03-31 10445827 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 10445827 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 10445827 frs-core:CostValuation 2023-03-31 10445827 frs-core:AdditionsToInvestments 2024-03-31 10445827 frs-core:DisposalsRepaymentsInvestments 2024-03-31 10445827 frs-core:CostValuation 2024-03-31 10445827 frs-core:ProvisionsForImpairmentInvestments 2023-03-31 10445827 frs-core:ProvisionsForImpairmentInvestments 2024-03-31 10445827 frs-bus:Director1 2023-04-01 2024-03-31 10445827 frs-bus:Director2 2023-04-01 2024-03-31 10445827 frs-countries:EnglandWales 2023-04-01 2024-03-31 10445827 2022-03-31 10445827 2023-03-31 10445827 2022-04-01 2023-03-31 10445827 frs-core:CurrentFinancialInstruments 2023-03-31 10445827 frs-core:ShareCapital 2023-03-31 10445827 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 10445827
Scarth Baker Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2024
Merranti Accounting Ltd
10 Scandia-Hus Business Park Felcourt Park
East Grinstead
West Sussex
RH19 2LP
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 10445827
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 59 78
Investments 5 255 200
314 278
CURRENT ASSETS
Debtors 6 56,868 24,361
Cash at bank and in hand 1,429 29
58,297 24,390
Creditors: Amounts Falling Due Within One Year 7 (58,119 ) (20,078 )
NET CURRENT ASSETS (LIABILITIES) 178 4,312
TOTAL ASSETS LESS CURRENT LIABILITIES 492 4,590
NET ASSETS 492 4,590
CAPITAL AND RESERVES
Called up share capital 100 100
Profit and Loss Account 392 4,490
SHAREHOLDERS' FUNDS 492 4,590
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For the year ending 31 March 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 Matthew Baker
Director
25 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
Scarth Baker Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10445827 . The registered office is 10 Scandia-Hus Business Park, Felcourt, East Grinstead, West Sussex, RH19 2LP.
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:
Fixtures & Fittings 25% Reducing balance
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: 1 (2023: 1)
1 1
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4. Tangible Assets
Plant & Machinery etc.
£
Cost
As at 1 April 2023 400
As at 31 March 2024 400
Depreciation
As at 1 April 2023 322
Provided during the period 19
As at 31 March 2024 341
Net Book Value
As at 31 March 2024 59
As at 1 April 2023 78
5. Investments
Subsidiaries Associates Total
£ £ £
Cost
As at 1 April 2023 100 100 200
Additions 85 20 105
Disposals - (50 ) (50 )
As at 31 March 2024 185 70 255
Provision
As at 1 April 2023 - - -
As at 31 March 2024 - - -
Net Book Value
As at 31 March 2024 185 70 255
As at 1 April 2023 100 100 200
6. Debtors
2024 2023
£ £
Due within one year
Amounts owed by group undertakings 35,347 -
Amounts owed by participating interests 6,170 6,170
Other debtors 15,351 18,191
56,868 24,361
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7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Amounts owed to group undertakings 40,088 2,817
Amounts owed to participating interests - 650
Other creditors 16,696 16,611
Taxation and social security 1,335 -
58,119 20,078
8. Related Party Transactions
During the year, repayments of £Nil were received from undertakings in which the company holds a participating interest. At the balance sheet date, the total amount due to Scarth Baker Ltd was £6,170. (2023 £6,170). The loans are unsecured, payable upon demand and bear no interest.
During the year, repayments of £1,005 were received from companies related due to common shareholders. At the balance sheet date, the total amount due to Scarth Baker Ltd was £15,351. (2023 £16,356). The loans are unsecured, payable upon demand and bear no interest.
During the year, net advances of £35,347 were made to subsidiary undertakings.  At the balance sheet date, the amount owed to Scarth Baker Ltd from subsidiary undertakings was £35,347 (2023 £Nil). The loans are unsecured, payable upon demand and bear no interest.
During the year, net advances of £37,271 were received from subsidiary undertakings.  At the balance sheet date, the amount owed by Scarth Baker Ltd to subsidiary undertakings was £40,088 (2023 £3,467). The loans are unsecured, payable upon demand and bear no interest.
At the balance sheet date, the amount owed by Scarth Baker Ltd to companies related due to common shareholders was £16,132 (2023 £16,132). The loans are unsecured, payable upon demand and bear no interest.
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