Acorah Software Products - Accounts Production 16.3.350 false true 31 August 2023 1 September 2022 false 1 September 2023 31 August 2024 31 August 2024 03399233 Mrs Samantha Ford Mr Lee Ford iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 03399233 2023-08-31 03399233 2024-08-31 03399233 2023-09-01 2024-08-31 03399233 frs-core:CurrentFinancialInstruments 2024-08-31 03399233 frs-core:Non-currentFinancialInstruments 2024-08-31 03399233 frs-core:FurnitureFittings 2024-08-31 03399233 frs-core:FurnitureFittings 2023-09-01 2024-08-31 03399233 frs-core:FurnitureFittings 2023-08-31 03399233 frs-core:ShareCapital 2024-08-31 03399233 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 03399233 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 03399233 frs-bus:FilletedAccounts 2023-09-01 2024-08-31 03399233 frs-bus:SmallEntities 2023-09-01 2024-08-31 03399233 frs-bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 03399233 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 03399233 frs-bus:Director1 2023-09-01 2024-08-31 03399233 frs-bus:CompanySecretary1 2023-09-01 2024-08-31 03399233 frs-countries:EnglandWales 2023-09-01 2024-08-31 03399233 2022-08-31 03399233 2023-08-31 03399233 2022-09-01 2023-08-31 03399233 frs-core:CurrentFinancialInstruments 2023-08-31 03399233 frs-core:Non-currentFinancialInstruments 2023-08-31 03399233 frs-core:ShareCapital 2023-08-31 03399233 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31
Registered number: 03399233
SPCB (UK) Limited
Unaudited Financial Statements
For The Year Ended 31 August 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 03399233
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 36,816 34,704
36,816 34,704
CURRENT ASSETS
Stocks 5 233,839 187,415
Debtors 6 54,249 43,995
Cash at bank and in hand 183,961 165,404
472,049 396,814
Creditors: Amounts Falling Due Within One Year 7 (134,159 ) (80,149 )
NET CURRENT ASSETS (LIABILITIES) 337,890 316,665
TOTAL ASSETS LESS CURRENT LIABILITIES 374,706 351,369
Creditors: Amounts Falling Due After More Than One Year 8 (45,682 ) (45,682 )
NET ASSETS 329,024 305,687
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 328,924 305,587
SHAREHOLDERS' FUNDS 329,024 305,687
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For the year 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 member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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 Samantha Ford
Director
8th April 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
SPCB (UK) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03399233 . The registered office is 80 Ryland Road, Welton, Lincoln, Lincolnshire, LN2 3LZ.
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 10% straight line
2.4. 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.
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2.5. 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: 5 (2023: 4)
5 4
4. Tangible Assets
Fixtures & Fittings
£
Cost
As at 1 September 2023 39,814
Additions 6,121
As at 31 August 2024 45,935
Depreciation
As at 1 September 2023 5,110
Provided during the period 4,009
As at 31 August 2024 9,119
...CONTINUED
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Net Book Value
As at 31 August 2024 36,816
As at 1 September 2023 34,704
5. Stocks
2024 2023
£ £
Materials 233,839 187,415
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 54,249 43,995
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 53,180 20,682
Bank loans and overdrafts 5,501 6,181
Corporation tax 4,979 8,663
Other taxes and social security 26,239 26,174
Accruals and deferred income 44,260 18,449
134,159 80,149
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Directors loan account 45,682 45,682
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
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