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 07056804 Mr Graeme Walker iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07056804 2023-03-31 07056804 2024-03-31 07056804 2023-04-01 2024-03-31 07056804 frs-core:CurrentFinancialInstruments 2024-03-31 07056804 frs-core:ComputerEquipment 2024-03-31 07056804 frs-core:ComputerEquipment 2023-04-01 2024-03-31 07056804 frs-core:ComputerEquipment 2023-03-31 07056804 frs-core:ShareCapital 2024-03-31 07056804 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 07056804 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 07056804 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 07056804 frs-bus:SmallEntities 2023-04-01 2024-03-31 07056804 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 07056804 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 07056804 frs-bus:Director1 2023-04-01 2024-03-31 07056804 frs-core:CurrentFinancialInstruments 2 2024-03-31 07056804 frs-countries:EnglandWales 2023-04-01 2024-03-31 07056804 2022-03-31 07056804 2023-03-31 07056804 2022-04-01 2023-03-31 07056804 frs-core:CurrentFinancialInstruments 2023-03-31 07056804 frs-core:ShareCapital 2023-03-31 07056804 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31 07056804 frs-core:CurrentFinancialInstruments 2 2023-03-31
Registered number: 07056804
Smile Caribbean Group Travel Limited
Financial Statements
For The Year Ended 31 March 2024
Hill Wooldridge Accountants Ltd
Chartered Certified Accountants
55 Crown Street
Brentwood
Essex
CM14 4BD
Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 07056804
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 361 -
361 -
CURRENT ASSETS
Debtors 5 162,993 104,955
Cash at bank and in hand 290,857 252,210
453,850 357,165
Creditors: Amounts Falling Due Within One Year 6 (385,198 ) (313,356 )
NET CURRENT ASSETS (LIABILITIES) 68,652 43,809
TOTAL ASSETS LESS CURRENT LIABILITIES 69,013 43,809
NET ASSETS 69,013 43,809
CAPITAL AND RESERVES
Called up share capital 7 30,000 30,000
Profit and Loss Account 39,013 13,809
SHAREHOLDERS' FUNDS 69,013 43,809
Page 1
Page 2
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 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
Mr Graeme Walker
Director
5th August 2024
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Smile Caribbean Group Travel Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07056804 . The registered office is 55 Crown Street, Brentwood, Essex, CM14 4BD.
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:
Computer Equipment 1/3 of cost per year
2.4. Taxation
Income tax expense represents the sum of the tax currently payable.
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.

3. Average Number of Employees
Average number of employees, including directors, during the year was: 5 (2023: 3)
5 3
Page 3
Page 4
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 April 2023 -
Additions 542
As at 31 March 2024 542
Depreciation
As at 1 April 2023 -
Provided during the period 181
As at 31 March 2024 181
Net Book Value
As at 31 March 2024 361
As at 1 April 2023 -
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 144,712 84,164
Prepayments and accrued income 16,875 16,875
VAT 1,406 2,846
Other taxes and social security - 1,070
162,993 104,955
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 334,389 241,608
Corporation tax 5,951 6,511
Credit card balance 31 47
Pension creditor 544 363
Accruals and deferred income 1,213 1,780
Director's loan account 43,070 63,047
385,198 313,356
Page 4
Page 5
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 30,000 30,000
Page 5