Acorah Software Products - Accounts Production 16.2.850 false true 30 September 2023 1 October 2022 false 1 October 2023 30 September 2024 30 September 2024 04530564 Mr Stafford Williams Mrs Susan Williams iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04530564 2023-09-30 04530564 2024-09-30 04530564 2023-10-01 2024-09-30 04530564 frs-core:CurrentFinancialInstruments 2024-09-30 04530564 frs-core:ComputerEquipment 2024-09-30 04530564 frs-core:ComputerEquipment 2023-10-01 2024-09-30 04530564 frs-core:ComputerEquipment 2023-09-30 04530564 frs-core:FurnitureFittings 2024-09-30 04530564 frs-core:FurnitureFittings 2023-10-01 2024-09-30 04530564 frs-core:FurnitureFittings 2023-09-30 04530564 frs-core:ShareCapital 2024-09-30 04530564 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 04530564 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 04530564 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 04530564 frs-bus:SmallEntities 2023-10-01 2024-09-30 04530564 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 04530564 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 04530564 frs-bus:Director1 2023-10-01 2024-09-30 04530564 frs-bus:CompanySecretary1 2023-10-01 2024-09-30 04530564 frs-countries:EnglandWales 2023-10-01 2024-09-30 04530564 2022-09-30 04530564 2023-09-30 04530564 2022-10-01 2023-09-30 04530564 frs-core:CurrentFinancialInstruments 2023-09-30 04530564 frs-core:ShareCapital 2023-09-30 04530564 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30
Registered number: 04530564
Inxite Limited
Unaudited Financial Statements
For The Year Ended 30 September 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 04530564
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,694 2,667
1,694 2,667
CURRENT ASSETS
Debtors 5 17,565 20,062
Cash at bank and in hand 43,327 29,904
60,892 49,966
Creditors: Amounts Falling Due Within One Year 6 (25,646 ) (20,884 )
NET CURRENT ASSETS (LIABILITIES) 35,246 29,082
TOTAL ASSETS LESS CURRENT LIABILITIES 36,940 31,749
PROVISIONS FOR LIABILITIES
Deferred Taxation (424 ) (667 )
NET ASSETS 36,516 31,082
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account 36,416 30,982
SHAREHOLDERS' FUNDS 36,516 31,082
Page 1
Page 2
For the year ending 30 September 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 Stafford Williams
Director
18 April 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
Inxite Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04530564 . The registered office is 3 The Square, Ugborough, Ivybridge, Devon, PL21 0NT.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).
Basis of preparation
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
2.2. Turnover
Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts. 
The company recognises revenue when: 
The amount of revenue can be reliably measured; 
it is probable that future economic benefits will flow to the entity; 
and specific criteria have been met for each of the company's activities.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.
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:
Office equipment 25% reducing balance
Computer Equipment 33% straight line
2.4. Taxation
The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.
The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.
Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements. 
Unrelieved tax losses and other deferred tax assets are recognised when 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
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4. Tangible Assets
Office equipment Computer Equipment Total
£ £ £
Cost
As at 1 October 2023 8,646 12,393 21,039
Disposals - (5,970 ) (5,970 )
As at 30 September 2024 8,646 6,423 15,069
Depreciation
As at 1 October 2023 7,141 11,231 18,372
Provided during the period 377 596 973
Disposals - (5,970 ) (5,970 )
As at 30 September 2024 7,518 5,857 13,375
Net Book Value
As at 30 September 2024 1,128 566 1,694
As at 1 October 2023 1,505 1,162 2,667
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 17,565 20,062
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other creditors 11,323 4,941
Taxation and social security 14,323 15,943
25,646 20,884
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 4