Acorah Software Products - Accounts Production 16.3.350 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 01963412 Mr Jeffrey Hewitt-Dutton Mrs Josephine Hewitt-Dutton Mrs Josephine Hewitt-Dutton iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 01963412 2024-03-31 01963412 2025-03-31 01963412 2024-04-01 2025-03-31 01963412 frs-core:CurrentFinancialInstruments 2025-03-31 01963412 frs-core:Non-currentFinancialInstruments 2025-03-31 01963412 frs-core:ComputerEquipment 2025-03-31 01963412 frs-core:ComputerEquipment 2024-04-01 2025-03-31 01963412 frs-core:ComputerEquipment 2024-03-31 01963412 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-03-31 01963412 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-04-01 2025-03-31 01963412 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-03-31 01963412 frs-core:MotorVehicles 2025-03-31 01963412 frs-core:MotorVehicles 2024-04-01 2025-03-31 01963412 frs-core:MotorVehicles 2024-03-31 01963412 frs-core:ShareCapital 2025-03-31 01963412 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 01963412 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 01963412 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 01963412 frs-bus:SmallEntities 2024-04-01 2025-03-31 01963412 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 01963412 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 01963412 frs-bus:Director1 2024-04-01 2025-03-31 01963412 frs-bus:Director2 2024-04-01 2025-03-31 01963412 frs-bus:CompanySecretary1 2024-04-01 2025-03-31 01963412 frs-core:CurrentFinancialInstruments 1 2025-03-31 01963412 frs-countries:EnglandWales 2024-04-01 2025-03-31 01963412 2023-03-31 01963412 2024-03-31 01963412 2023-04-01 2024-03-31 01963412 frs-core:CurrentFinancialInstruments 2024-03-31 01963412 frs-core:Non-currentFinancialInstruments 2024-03-31 01963412 frs-core:ShareCapital 2024-03-31 01963412 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 01963412 frs-core:CurrentFinancialInstruments 1 2024-03-31
Registered number: 01963412
South Ridge Interiors Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 01963412
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 11,238 13,379
11,238 13,379
CURRENT ASSETS
Debtors 5 222,691 316,818
Cash at bank and in hand 27,160 24,380
249,851 341,198
Creditors: Amounts Falling Due Within One Year 6 (252,951 ) (336,750 )
NET CURRENT ASSETS (LIABILITIES) (3,100 ) 4,448
TOTAL ASSETS LESS CURRENT LIABILITIES 8,138 17,827
Creditors: Amounts Falling Due After More Than One Year 7 (7,033 ) (17,365 )
NET ASSETS 1,105 462
CAPITAL AND RESERVES
Called up share capital 8 204 204
Profit and Loss Account 901 258
SHAREHOLDERS' FUNDS 1,105 462
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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 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
Mr Jeffrey Hewitt-Dutton
Director
20/05/2025
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
South Ridge Interiors Limited is a private company, limited by shares, incorporated in England & Wales, registered number 01963412 . The registered office is The Old Barn, Off Wood Street, Swanley Village, Kent, BR8 7PA.
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:
Leasehold 15% on reducing balance
Motor Vehicles 25% on reducing balance
Computer Equipment 15% on reducing balance
2.4. 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 in respect of all timing differences that have originated but not reversed at the balance
sheet date.
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from
those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that
have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the
timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they
will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also 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 (2024: 5)
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4. Tangible Assets
Land & Property
Leasehold Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 April 2024 6,000 19,995 8,038 34,033
Additions - - 3,605 3,605
Disposals - (5,000 ) (588 ) (5,588 )
As at 31 March 2025 6,000 14,995 11,055 32,050
Depreciation
As at 1 April 2024 5,911 10,858 3,885 20,654
Provided during the period 13 1,581 1,135 2,729
Disposals - (2,188 ) (383 ) (2,571 )
As at 31 March 2025 5,924 10,251 4,637 20,812
Net Book Value
As at 31 March 2025 76 4,744 6,418 11,238
As at 1 April 2024 89 9,137 4,153 13,379
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 188,969 229,720
Prepayments and accrued income 3,737 3,077
Other debtors - 700
Intercompany 784 634
Deferred tax current asset 3,618 3,559
VAT 23,351 27,584
Directors' loan accounts 2,232 51,544
222,691 316,818
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6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 165,225 285,337
Bank loans and overdrafts 10,332 10,077
Corporation tax 16,333 25,261
Other taxes and social security 7,546 11,576
Other creditors 127 937
Accruals and deferred income 2,500 2,750
Directors' loan accounts 50,888 812
252,951 336,750
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 7,033 17,365
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 204 204
9. Related Party Transactions
Included in the Other Debtors is an amount owed from the company director Mr J Hewitt-Durron totalling £2,232 (2024 - £24,441), no interest is to be charged.
Included in the Other Creditors is an amount owed to the company director Mrs J Hewitt-Durron totalling £50,491 (2024 - £812), no interest is to be charged.
Included in the Other Creditors is an amount owed to the company shareholder Mrs X Fu totalling £397 (2024 - £27,103 Debtor), no interest is to be charged.
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