Acorah Software Products - Accounts Production 16.2.850 false true 28 February 2024 24 February 2023 false 29 February 2024 28 February 2025 28 February 2025 14688513 Mrs Jeanette Barton Mrs Tracey Joy iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14688513 2024-02-28 14688513 2025-02-28 14688513 2024-02-29 2025-02-28 14688513 frs-core:CurrentFinancialInstruments 2025-02-28 14688513 frs-core:Non-currentFinancialInstruments 2025-02-28 14688513 frs-core:BetweenOneFiveYears 2025-02-28 14688513 frs-core:ComputerEquipment 2025-02-28 14688513 frs-core:ComputerEquipment 2024-02-29 2025-02-28 14688513 frs-core:ComputerEquipment 2024-02-28 14688513 frs-core:FurnitureFittings 2025-02-28 14688513 frs-core:FurnitureFittings 2024-02-29 2025-02-28 14688513 frs-core:FurnitureFittings 2024-02-28 14688513 frs-core:MotorVehicles 2025-02-28 14688513 frs-core:MotorVehicles 2024-02-29 2025-02-28 14688513 frs-core:MotorVehicles 2024-02-28 14688513 frs-core:WithinOneYear 2025-02-28 14688513 frs-core:ShareCapital 2025-02-28 14688513 frs-core:RetainedEarningsAccumulatedLosses 2025-02-28 14688513 frs-bus:PrivateLimitedCompanyLtd 2024-02-29 2025-02-28 14688513 frs-bus:FilletedAccounts 2024-02-29 2025-02-28 14688513 frs-bus:SmallEntities 2024-02-29 2025-02-28 14688513 frs-bus:AuditExempt-NoAccountantsReport 2024-02-29 2025-02-28 14688513 frs-bus:SmallCompaniesRegimeForAccounts 2024-02-29 2025-02-28 14688513 frs-bus:Director1 2024-02-29 2025-02-28 14688513 frs-bus:Director2 2024-02-29 2025-02-28 14688513 frs-core:CurrentFinancialInstruments 1 2025-02-28 14688513 frs-countries:EnglandWales 2024-02-29 2025-02-28 14688513 2023-02-23 14688513 2024-02-28 14688513 2023-02-24 2024-02-28 14688513 frs-core:CurrentFinancialInstruments 2024-02-28 14688513 frs-core:Non-currentFinancialInstruments 2024-02-28 14688513 frs-core:BetweenOneFiveYears 2024-02-28 14688513 frs-core:WithinOneYear 2024-02-28 14688513 frs-core:ShareCapital 2024-02-28 14688513 frs-core:RetainedEarningsAccumulatedLosses 2024-02-28 14688513 frs-core:CurrentFinancialInstruments 1 2024-02-28
Registered number: 14688513
Endless Incense Ltd
Unaudited Financial Statements
For The Year Ended 28 February 2025
Artema Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 14688513
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 12,029 16,095
12,029 16,095
CURRENT ASSETS
Stocks 5 16,723 16,500
Debtors 6 6,000 6,000
Cash at bank and in hand 2,218 3,590
24,941 26,090
Creditors: Amounts Falling Due Within One Year 7 (33,153 ) (31,533 )
NET CURRENT ASSETS (LIABILITIES) (8,212 ) (5,443 )
TOTAL ASSETS LESS CURRENT LIABILITIES 3,817 10,652
Creditors: Amounts Falling Due After More Than One Year 8 (3,410 ) (6,152 )
NET ASSETS 407 4,500
CAPITAL AND RESERVES
Called up share capital 10 2 2
Profit and Loss Account 405 4,498
SHAREHOLDERS' FUNDS 407 4,500
Page 1
Page 2
For the year ending 28 February 2025 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
Mrs Jeanette Barton
Director
02/04/2025
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
Endless Incense Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14688513 . The registered office is 1 Fridays Court, High Street, Ringwood, BH24 1JA.
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:
Motor Vehicles 25% reducing balance method
Fixtures & Fittings 6 years straight line method
Computer Equipment 3 Years straight line method
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
2.5. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 2)
2 2
Page 3
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4. Tangible Assets
Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 29 February 2024 13,450 5,000 1,500 19,950
As at 28 February 2025 13,450 5,000 1,500 19,950
Depreciation
As at 29 February 2024 2,522 833 500 3,855
Provided during the period 2,732 834 500 4,066
As at 28 February 2025 5,254 1,667 1,000 7,921
Net Book Value
As at 28 February 2025 8,196 3,333 500 12,029
As at 29 February 2024 10,928 4,167 1,000 16,095
5. Stocks
2025 2024
£ £
Stock 16,723 16,500
6. Debtors
2025 2024
£ £
Due within one year
Rent deposit 6,000 6,000
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 2,742 2,742
Trade creditors (1 ) -
Directors' loan accounts 30,412 28,791
33,153 31,533
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 3,410 6,152
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9. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 2,742 2,742
Later than one year and not later than five years 3,410 6,152
6,152 8,894
6,152 8,894
10. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 2 2
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