Acorah Software Products - Accounts Production 16.3.350 false true false 8 August 2023 31 August 2024 31 August 2024 15058521 Mr Jagjeet Bains Mr Randeep Bains Mr Mandeep Singh Samra Mr Jasvinder Singh Nagra iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 15058521 2023-08-07 15058521 2024-08-31 15058521 2023-08-08 2024-08-31 15058521 frs-core:CurrentFinancialInstruments 2024-08-31 15058521 frs-core:Non-currentFinancialInstruments 2024-08-31 15058521 frs-core:BetweenOneFiveYears 2024-08-31 15058521 frs-core:CopyrightsPatentsTrademarksServiceOperatingRights 2023-08-08 2024-08-31 15058521 frs-core:FurnitureFittings 2024-08-31 15058521 frs-core:FurnitureFittings 2023-08-08 2024-08-31 15058521 frs-core:FurnitureFittings 2023-08-07 15058521 frs-core:MoreThanFiveYears 2024-08-31 15058521 frs-core:OtherResidualIntangibleAssets 2024-08-31 15058521 frs-core:OtherResidualIntangibleAssets 2023-08-08 2024-08-31 15058521 frs-core:OtherResidualIntangibleAssets 2023-08-07 15058521 frs-core:WithinOneYear 2024-08-31 15058521 frs-core:ShareCapital 2024-08-31 15058521 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 15058521 frs-bus:PrivateLimitedCompanyLtd 2023-08-08 2024-08-31 15058521 frs-bus:FilletedAccounts 2023-08-08 2024-08-31 15058521 frs-bus:SmallEntities 2023-08-08 2024-08-31 15058521 frs-bus:AuditExempt-NoAccountantsReport 2023-08-08 2024-08-31 15058521 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-08 2024-08-31 15058521 frs-bus:Director1 2023-08-08 2024-08-31 15058521 frs-bus:Director2 2023-08-08 2024-08-31 15058521 frs-bus:Director3 2023-08-08 2024-08-31 15058521 frs-bus:Director4 2023-08-08 2024-08-31 15058521 frs-countries:EnglandWales 2023-08-08 2024-08-31
Registered number: 15058521
Sb Active March Ltd
Unaudited Financial Statements
For the Period 8 August 2023 to 31 August 2024
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—5
Page 1
Statement of Financial Position
Registered number: 15058521
31 August 2024
Notes £ £
FIXED ASSETS
Intangible Assets 4 10,000
Tangible Assets 5 384,565
394,565
CURRENT ASSETS
Debtors 6 22,957
Cash at bank and in hand 24,690
47,647
Creditors: Amounts Falling Due Within One Year 7 (15,371 )
NET CURRENT ASSETS (LIABILITIES) 32,276
TOTAL ASSETS LESS CURRENT LIABILITIES 426,841
Creditors: Amounts Falling Due After More Than One Year 8 (465,464 )
NET LIABILITIES (38,623 )
CAPITAL AND RESERVES
Called up share capital 9 300
Income Statement (38,923 )
SHAREHOLDERS' FUNDS (38,623)
Page 1
Page 2
For the period ending 31 August 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 Income Statement.
On behalf of the board
Mr Randeep Bains
Director
2 May 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
Sb Active March Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 15058521 . The registered office is 328 Stafford Road, Wallington, Surrey, CR0 4NH.
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. Intangible Fixed Assets and Amortisation - Intellectual Property
Intellectual property assets are Frenchise fees. It is amortised to the income statement over its estimated economic life of 15.5 years.
2.4. 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 Depreciation @10%, WDV Method
3. Average Number of Employees
Average number of employees, including directors, during the period was: 4
4
Page 3
Page 4
4. Intangible Assets
Other
£
Cost
As at 8 August 2023 -
Additions 10,000
As at 31 August 2024 10,000
Net Book Value
As at 31 August 2024 10,000
As at 8 August 2023 -
5. Tangible Assets
Fixtures & Fittings
£
Cost
As at 8 August 2023 -
Additions 401,771
As at 31 August 2024 401,771
Depreciation
As at 8 August 2023 -
Provided during the period 17,206
As at 31 August 2024 17,206
Net Book Value
As at 31 August 2024 384,565
As at 8 August 2023 -
6. Debtors
31 August 2024
£
Due within one year
Other debtors 22,957
Page 4
Page 5
7. Creditors: Amounts Falling Due Within One Year
31 August 2024
£
Trade creditors 9,965
Other creditors 3,170
Taxation and social security 2,236
15,371
8. Creditors: Amounts Falling Due After More Than One Year
31 August 2024
£
Amounts owed to group undertakings 465,464
9. Share Capital
31 August 2024
£
Allotted, Called up and fully paid 300
10. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
31 August 2024
£
Not later than one year 49,000
Later than one year and not later than five years 196,000
Later than five years 441,000
686,000
Page 5