Acorah Software Products - Accounts Production 16.3.350 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 03108639 Mr Mark Owen Ms Susan Owen iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 03108639 2023-12-31 03108639 2024-12-31 03108639 2024-01-01 2024-12-31 03108639 frs-core:CurrentFinancialInstruments 2024-12-31 03108639 frs-core:ComputerEquipment 2024-12-31 03108639 frs-core:ComputerEquipment 2024-01-01 2024-12-31 03108639 frs-core:ComputerEquipment 2023-12-31 03108639 frs-core:ShareCapital 2024-12-31 03108639 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 03108639 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 03108639 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 03108639 frs-bus:SmallEntities 2024-01-01 2024-12-31 03108639 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 03108639 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 03108639 frs-core:CostValuation 2023-12-31 03108639 frs-core:CostValuation 2024-12-31 03108639 frs-core:ProvisionsForImpairmentInvestments 2023-12-31 03108639 frs-core:ProvisionsForImpairmentInvestments 2024-12-31 03108639 frs-bus:Director1 2024-01-01 2024-12-31 03108639 frs-bus:CompanySecretary1 2024-01-01 2024-12-31 03108639 frs-countries:EnglandWales 2024-01-01 2024-12-31 03108639 2022-12-31 03108639 2023-12-31 03108639 2023-01-01 2023-12-31 03108639 frs-core:CurrentFinancialInstruments 2023-12-31 03108639 frs-core:ShareCapital 2023-12-31 03108639 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 03108639
Sebastian Mclean International Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
Edition Capital Advisory Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 03108639
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 2,486 -
Investments 5 50,000 50,000
52,486 50,000
CURRENT ASSETS
Debtors 6 100,984 388,501
Cash at bank and in hand 510,132 258,705
611,116 647,206
Creditors: Amounts Falling Due Within One Year 7 (142,330 ) (202,333 )
NET CURRENT ASSETS (LIABILITIES) 468,786 444,873
TOTAL ASSETS LESS CURRENT LIABILITIES 521,272 494,873
NET ASSETS 521,272 494,873
CAPITAL AND RESERVES
Called up share capital 8 46,000 46,000
Profit and Loss Account 475,272 448,873
SHAREHOLDERS' FUNDS 521,272 494,873
Page 1
Page 2
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 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 Mark Owen
Director
21/05/2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Sebastian Mclean International Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03108639 . The registered office is 26 Litchfield Street, London, WC2H 9TZ.
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:
Computer Equipment 4 years straight line
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 January 2024 -
Additions 2,841
As at 31 December 2024 2,841
Depreciation
As at 1 January 2024 -
Provided during the period 355
As at 31 December 2024 355
Net Book Value
As at 31 December 2024 2,486
As at 1 January 2024 -
Page 3
Page 4
5. Investments
Other
£
Cost
As at 1 January 2024 50,000
As at 31 December 2024 50,000
Provision
As at 1 January 2024 -
As at 31 December 2024 -
Net Book Value
As at 31 December 2024 50,000
As at 1 January 2024 50,000
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 100,401 202,463
Prepayments and accrued income 583 -
Other debtors - 186,038
100,984 388,501
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 124,395 183,395
Other taxes and social security 15,535 16,413
Accruals and deferred income 2,400 2,525
142,330 202,333
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 46,000 46,000
Page 4