Acorah Software Products - Accounts Production 16.3.350 false true 30 May 2023 31 May 2022 false 31 May 2023 30 May 2024 30 May 2024 13410880 Mrs Jennifer Lalley iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13410880 2023-05-30 13410880 2024-05-30 13410880 2023-05-31 2024-05-30 13410880 frs-core:CurrentFinancialInstruments 2024-05-30 13410880 frs-core:Non-currentFinancialInstruments 2024-05-30 13410880 frs-core:ComputerEquipment 2024-05-30 13410880 frs-core:ComputerEquipment 2023-05-31 2024-05-30 13410880 frs-core:ComputerEquipment 2023-05-30 13410880 frs-core:FurnitureFittings 2024-05-30 13410880 frs-core:FurnitureFittings 2023-05-31 2024-05-30 13410880 frs-core:FurnitureFittings 2023-05-30 13410880 frs-core:NetGoodwill 2024-05-30 13410880 frs-core:NetGoodwill 2023-05-31 2024-05-30 13410880 frs-core:NetGoodwill 2023-05-30 13410880 frs-core:ShareCapital 2024-05-30 13410880 frs-core:RetainedEarningsAccumulatedLosses 2024-05-30 13410880 frs-bus:PrivateLimitedCompanyLtd 2023-05-31 2024-05-30 13410880 frs-bus:FilletedAccounts 2023-05-31 2024-05-30 13410880 frs-bus:SmallEntities 2023-05-31 2024-05-30 13410880 frs-bus:AuditExempt-NoAccountantsReport 2023-05-31 2024-05-30 13410880 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-31 2024-05-30 13410880 frs-bus:Director1 2023-05-31 2024-05-30 13410880 frs-countries:EnglandWales 2023-05-31 2024-05-30 13410880 2022-05-30 13410880 2023-05-30 13410880 2022-05-31 2023-05-30 13410880 frs-core:CurrentFinancialInstruments 2023-05-30 13410880 frs-core:Non-currentFinancialInstruments 2023-05-30 13410880 frs-core:ShareCapital 2023-05-30 13410880 frs-core:RetainedEarningsAccumulatedLosses 2023-05-30
Registered number: 13410880
StudioFour Marketing Services Limited
Unaudited Financial Statements
For The Year Ended 30 May 2024
Berrywood Accountants
The New Studio
Wintershill Farm
Wintershill, Durley
Hampshire
SO32 2AH
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 13410880
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 10,000 10,000
Tangible Assets 5 894 1,526
10,894 11,526
CURRENT ASSETS
Debtors 6 16,638 15,219
Cash at bank and in hand 3,191 125
19,829 15,344
Creditors: Amounts Falling Due Within One Year 7 (16,345 ) (9,961 )
NET CURRENT ASSETS (LIABILITIES) 3,484 5,383
TOTAL ASSETS LESS CURRENT LIABILITIES 14,378 16,909
NET ASSETS 14,378 16,909
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 14,278 16,809
SHAREHOLDERS' FUNDS 14,378 16,909
Page 1
Page 2
For the year ending 30 May 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 her 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 Jennifer Lalley
Director
10/02/2025
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
StudioFour Marketing Services Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13410880 . The registered office is The New Studio Wintershill Farm, Durley, Southampton, Hampshire, SO32 2AH.
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. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of .... years.
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:
Fixtures & Fittings 20% Straight Line
Computer Equipment 33% Reducing balance
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.
Page 3
Page 4
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Intangible Assets
Goodwill
£
Cost
As at 31 May 2023 10,000
As at 30 May 2024 10,000
Net Book Value
As at 30 May 2024 10,000
As at 31 May 2023 10,000
5. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 31 May 2023 657 1,500 2,157
As at 30 May 2024 657 1,500 2,157
Depreciation
As at 31 May 2023 131 500 631
Provided during the period 132 500 632
As at 30 May 2024 263 1,000 1,263
Net Book Value
As at 30 May 2024 394 500 894
As at 31 May 2023 526 1,000 1,526
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 8,470 5,472
Other debtors 262 -
8,732 5,472
Due after more than one year
Directors loan account 7,906 9,747
16,638 15,219
Page 4
Page 5
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors (1 ) -
Corporation tax 15,046 8,455
Accruals and deferred income 1,300 1,506
16,345 9,961
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 5