Acorah Software Products - Accounts Production 16.3.350 false true true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 07950234 Mr Steven Townsend iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07950234 2024-03-31 07950234 2025-03-31 07950234 2024-04-01 2025-03-31 07950234 frs-core:CurrentFinancialInstruments 2025-03-31 07950234 frs-core:Non-currentFinancialInstruments 2025-03-31 07950234 frs-core:PlantMachinery 2025-03-31 07950234 frs-core:PlantMachinery 2024-04-01 2025-03-31 07950234 frs-core:PlantMachinery 2024-03-31 07950234 frs-core:ShareCapital 2025-03-31 07950234 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 07950234 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 07950234 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 07950234 frs-bus:SmallEntities 2024-04-01 2025-03-31 07950234 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 07950234 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 07950234 frs-bus:Director1 2024-04-01 2025-03-31 07950234 frs-countries:EnglandWales 2024-04-01 2025-03-31 07950234 2023-03-31 07950234 2024-03-31 07950234 2023-04-01 2024-03-31 07950234 frs-core:CurrentFinancialInstruments 2024-03-31 07950234 frs-core:Non-currentFinancialInstruments 2024-03-31 07950234 frs-core:ShareCapital 2024-03-31 07950234 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 07950234
Betamark UK Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2025
Green & Peter(UK) Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 07950234
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 919 1,148
919 1,148
CURRENT ASSETS
Stocks 5 260 220
Debtors 6 4,846 546
Cash at bank and in hand 12,366 3,472
17,472 4,238
Creditors: Amounts Falling Due Within One Year 7 (34,111 ) (24,975 )
NET CURRENT ASSETS (LIABILITIES) (16,639 ) (20,737 )
TOTAL ASSETS LESS CURRENT LIABILITIES (15,720 ) (19,589 )
Creditors: Amounts Falling Due After More Than One Year 8 (1,713 ) (3,392 )
NET LIABILITIES (17,433 ) (22,981 )
CAPITAL AND RESERVES
Called up share capital 9 2 2
Profit and Loss Account (17,435 ) (22,983 )
SHAREHOLDERS' FUNDS (17,433) (22,981)
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For the year ending 31 March 2025 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 Steven Townsend
Director
16/05/2025
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
Betamark UK Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 07950234 . The registered office is The Limes, 1339 High Road, London, N20 9HR.
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. Going Concern Disclosure
These accounts have been prepared on a going concern basis due to the continued support of the company's director.
2.3. 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.
2.4. 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:
Plant & Machinery 20% reducing balance
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.
2.6. Government Grant
Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.
Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.
Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.
All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: 1)
1 1
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4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 April 2024 3,953
As at 31 March 2025 3,953
Depreciation
As at 1 April 2024 2,805
Provided during the period 229
As at 31 March 2025 3,034
Net Book Value
As at 31 March 2025 919
As at 1 April 2024 1,148
5. Stocks
2025 2024
£ £
Closing stock yearend 260 220
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 4,800 500
Corporation tax repayable 46 46
4,846 546
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 8,547 -
Bank loans and overdrafts 2,268 4,078
Accruals and deferred income 1,320 1,320
Director's loan account 21,976 19,577
34,111 24,975
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bounce Back Loan > 1 year 1,713 3,392
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9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 2 2
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