Acorah Software Products - Accounts Production 16.2.850 false true 31 August 2023 1 September 2022 false 1 September 2023 31 August 2024 31 August 2024 NI054876 Mr Jonathan Paul Wilson Mrs Aileen Wilson Mrs Aileen Wilson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure NI054876 2023-08-31 NI054876 2024-08-31 NI054876 2023-09-01 2024-08-31 NI054876 frs-core:CurrentFinancialInstruments 2024-08-31 NI054876 frs-core:Non-currentFinancialInstruments 2024-08-31 NI054876 frs-core:ComputerEquipment 2024-08-31 NI054876 frs-core:ComputerEquipment 2023-09-01 2024-08-31 NI054876 frs-core:ComputerEquipment 2023-08-31 NI054876 frs-core:FurnitureFittings 2024-08-31 NI054876 frs-core:FurnitureFittings 2023-09-01 2024-08-31 NI054876 frs-core:FurnitureFittings 2023-08-31 NI054876 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-08-31 NI054876 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-09-01 2024-08-31 NI054876 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-08-31 NI054876 frs-core:PlantMachinery 2024-08-31 NI054876 frs-core:PlantMachinery 2023-09-01 2024-08-31 NI054876 frs-core:PlantMachinery 2023-08-31 NI054876 frs-core:ShareCapital 2024-08-31 NI054876 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 NI054876 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 NI054876 frs-bus:FilletedAccounts 2023-09-01 2024-08-31 NI054876 frs-bus:SmallEntities 2023-09-01 2024-08-31 NI054876 frs-bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 NI054876 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 NI054876 frs-bus:Director1 2023-09-01 2024-08-31 NI054876 frs-bus:Director2 2023-09-01 2024-08-31 NI054876 frs-bus:CompanySecretary1 2023-09-01 2024-08-31 NI054876 frs-countries:NorthernIreland 2023-09-01 2024-08-31 NI054876 2022-08-31 NI054876 2023-08-31 NI054876 2022-09-01 2023-08-31 NI054876 frs-core:CurrentFinancialInstruments 2023-08-31 NI054876 frs-core:Non-currentFinancialInstruments 2023-08-31 NI054876 frs-core:ShareCapital 2023-08-31 NI054876 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31
Registered number: NI054876
Blush Boutique Limited
Unaudited Financial Statements
For The Year Ended 31 August 2024
McCleary & Company Ltd.
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: NI054876
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 75,056 77,003
75,056 77,003
CURRENT ASSETS
Stocks 5 405,141 348,021
Debtors 6 6,938 64,945
Cash at bank and in hand 108,654 83,157
520,733 496,123
Creditors: Amounts Falling Due Within One Year 7 (518,804 ) (512,050 )
NET CURRENT ASSETS (LIABILITIES) 1,929 (15,927 )
TOTAL ASSETS LESS CURRENT LIABILITIES 76,985 61,076
Creditors: Amounts Falling Due After More Than One Year 8 (9,307 ) (18,459 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (2,134 ) (2,233 )
NET ASSETS 65,544 40,384
CAPITAL AND RESERVES
Called up share capital 9 20 20
Profit and Loss Account 65,524 40,364
SHAREHOLDERS' FUNDS 65,544 40,384
Page 1
Page 2
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 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 Aileen Wilson
Director
8 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
Blush Boutique Limited is a private company, limited by shares, incorporated in Northern Ireland, registered number NI054876 . The registered office is Garvey Studios, 14 Longstone Street, Lisburn, Co. Antrim, BT28 1TP.
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.
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:
Freehold 2% Reducing Balance
Plant & Machinery 25% Reducing Balance
Fixtures & Fittings 20% Reducing Balance
Computer Equipment 20% Reducing Balance
2.4. Stocks and Work in Progress
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. 
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: 8 (2023: 8)
8 8
Page 3
Page 4
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 September 2023 92,769 6,218 71,617 8,782 179,386
Additions - 1,020 1,101 - 2,121
As at 31 August 2024 92,769 7,238 72,718 8,782 181,507
Depreciation
As at 1 September 2023 28,283 4,912 63,337 5,851 102,383
Provided during the period 1,289 518 1,674 587 4,068
As at 31 August 2024 29,572 5,430 65,011 6,438 106,451
Net Book Value
As at 31 August 2024 63,197 1,808 7,707 2,344 75,056
As at 1 September 2023 64,486 1,306 8,280 2,931 77,003
5. Stocks
2024 2023
£ £
Stock 405,141 348,021
6. Debtors
2024 2023
£ £
Due within one year
Other debtors 6,938 64,945
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 132,281 142,591
Bank loans and overdrafts 14,550 11,776
Other creditors 353,856 354,007
Taxation and social security 18,117 3,676
518,804 512,050
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 9,307 18,459
Page 4
Page 5
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 20 20
10. Related Party Transactions
Included in other creditors is a loan from The Beeches Professional and Therapeutic Services Ltd of £250,000 which was outstanding throughout the year.
Page 5