Acorah Software Products - Accounts Production 16.2.850 false true true 31 December 2023 1 February 2023 false 1 January 2024 31 December 2024 31 December 2024 13839804 Ben Walters Danny Allen iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13839804 2023-12-31 13839804 2024-12-31 13839804 2024-01-01 2024-12-31 13839804 frs-core:CurrentFinancialInstruments 2024-12-31 13839804 frs-core:Non-currentFinancialInstruments 2024-12-31 13839804 frs-core:ComputerEquipment 2024-12-31 13839804 frs-core:ComputerEquipment 2024-01-01 2024-12-31 13839804 frs-core:ComputerEquipment 2023-12-31 13839804 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-01-01 2024-12-31 13839804 frs-core:OtherResidualIntangibleAssets 2024-12-31 13839804 frs-core:OtherResidualIntangibleAssets 2024-01-01 2024-12-31 13839804 frs-core:OtherResidualIntangibleAssets 2023-12-31 13839804 frs-core:ShareCapital 2024-12-31 13839804 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 13839804 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 13839804 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 13839804 frs-bus:SmallEntities 2024-01-01 2024-12-31 13839804 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 13839804 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 13839804 frs-bus:Director1 2024-01-01 2024-12-31 13839804 frs-bus:Director2 2024-01-01 2024-12-31 13839804 frs-countries:EnglandWales 2024-01-01 2024-12-31 13839804 2023-01-31 13839804 2023-12-31 13839804 2023-02-01 2023-12-31 13839804 frs-core:CurrentFinancialInstruments 2023-12-31 13839804 frs-core:Non-currentFinancialInstruments 2023-12-31 13839804 frs-core:ShareCapital 2023-12-31 13839804 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 13839804
Scarlia Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2024
Grant-Jones Accountancy Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 13839804
31 December 2024 31 December 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 429 1,652
Tangible Assets 5 1,526 2,566
1,955 4,218
CURRENT ASSETS
Debtors 6 30,633 42,087
Cash at bank and in hand 7,269 36,676
37,902 78,763
Creditors: Amounts Falling Due Within One Year 7 (7,823 ) (34,216 )
NET CURRENT ASSETS (LIABILITIES) 30,079 44,547
TOTAL ASSETS LESS CURRENT LIABILITIES 32,034 48,765
Creditors: Amounts Falling Due After More Than One Year 8 (56,700 ) (63,600 )
NET LIABILITIES (24,666 ) (14,835 )
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account (24,766 ) (14,935 )
SHAREHOLDERS' FUNDS (24,666) (14,835)
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For the year ending 31 December 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
Ben Walters
Director
19th 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
Scarlia Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13839804 . The registered office is Kemp House, 160 City Road, London, EC1V 2NX.
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
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
It is for this reason that the Directors' consider it appropriate to prepare the accounts on a going concern basis.
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.
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. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are Software Development. It is amortised to profit and loss account over its estimated economic life of 3 years.
2.5. 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:
Computer Equipment 25% Straight Line
2.6. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.7. 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.
...CONTINUED
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2.7. Taxation - continued
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: 2 (2023: 2)
2 2
4. Intangible Assets
Other
£
Cost
As at 1 January 2024 3,708
As at 31 December 2024 3,708
Amortisation
As at 1 January 2024 2,056
Provided during the period 1,223
As at 31 December 2024 3,279
Net Book Value
As at 31 December 2024 429
As at 1 January 2024 1,652
5. Tangible Assets
Computer Equipment
£
Cost
As at 1 January 2024 4,158
As at 31 December 2024 4,158
Depreciation
As at 1 January 2024 1,592
Provided during the period 1,040
As at 31 December 2024 2,632
Net Book Value
As at 31 December 2024 1,526
As at 1 January 2024 2,566
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6. Debtors
31 December 2024 31 December 2023
£ £
Due within one year
Trade debtors 13,600 10,848
Prepayments and accrued income 1,332 1,109
Corporation tax recoverable assets 15,701 28,734
VAT - 1,396
30,633 42,087
7. Creditors: Amounts Falling Due Within One Year
31 December 2024 31 December 2023
£ £
Trade creditors 1,340 24,529
Other taxes and social security 1,503 3,523
VAT 3,409 -
Accruals and deferred income 1,571 6,164
7,823 34,216
8. Creditors: Amounts Falling Due After More Than One Year
31 December 2024 31 December 2023
£ £
Other creditors 56,700 63,600
9. Share Capital
31 December 2024 31 December 2023
£ £
Allotted, Called up and fully paid 100 100
10. Related Party Transactions
2024
2023
£
£
image
image
Amounts owed to other related parties
56,700
image
86,821
image
Balance of Nil (2023: £23,221) is included in the trade creditors balance and the remaining balance owed of £56,700 (2023: £63,600) is included in other creditors as per note 8 above.
The balances above are considered related party by virtue of common control.
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