Acorah Software Products - Accounts Production 16.3.350 false true false 5 May 2023 31 May 2024 31 May 2024 14849326 Mr Gary Rea Miss Clare Clark iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14849326 2023-05-04 14849326 2024-05-31 14849326 2023-05-05 2024-05-31 14849326 frs-core:CurrentFinancialInstruments 2024-05-31 14849326 frs-core:FurnitureFittings 2024-05-31 14849326 frs-core:FurnitureFittings 2023-05-05 2024-05-31 14849326 frs-core:FurnitureFittings 2023-05-04 14849326 frs-core:ShareCapital 2024-05-31 14849326 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 14849326 frs-bus:PrivateLimitedCompanyLtd 2023-05-05 2024-05-31 14849326 frs-bus:FilletedAccounts 2023-05-05 2024-05-31 14849326 frs-bus:SmallEntities 2023-05-05 2024-05-31 14849326 frs-bus:AuditExempt-NoAccountantsReport 2023-05-05 2024-05-31 14849326 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-05 2024-05-31 14849326 frs-bus:Director1 2023-05-05 2024-05-31 14849326 frs-bus:Director2 2023-05-05 2024-05-31 14849326 frs-countries:NorthernIreland 2023-05-05 2024-05-31
Registered number: 14849326
THESTUDIOS@ETC LIMITED
Unaudited Financial Statements
For the Period 5 May 2023 to 31 May 2024
CLIVE G. CHADNEY LIMITED
108 Sandford Road
Chelmsford
CM2 6DH
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 14849326
31 May 2024
Notes £ £
FIXED ASSETS
Tangible Assets 4 4,320
4,320
CURRENT ASSETS
Debtors 5 17,025
Cash at bank and in hand 9,773
26,798
Creditors: Amounts Falling Due Within One Year 6 (71,454 )
NET CURRENT ASSETS (LIABILITIES) (44,656 )
TOTAL ASSETS LESS CURRENT LIABILITIES (40,336 )
NET LIABILITIES (40,336 )
CAPITAL AND RESERVES
Called up share capital 7 2
Profit and Loss Account (40,338 )
SHAREHOLDERS' FUNDS (40,336)
Page 1
Page 2
For the period ending 31 May 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
Miss Clare Clark
Director
5 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
THESTUDIOS@ETC LIMITED is a private company, limited by shares, incorporated in Northern Ireland, registered number 14849326 . The registered office is 8 Moulsham Street, Chelmsford, CM2 0HR.
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:
Fixtures & Fittings 15% Straight-line
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.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 12
12
Page 3
Page 4
4. Tangible Assets
Fixtures & Fittings
£
Cost
As at 5 May 2023 -
Additions 5,083
As at 31 May 2024 5,083
Depreciation
As at 5 May 2023 -
Provided during the period 763
As at 31 May 2024 763
Net Book Value
As at 31 May 2024 4,320
As at 5 May 2023 -
5. Debtors
31 May 2024
£
Due within one year
Trade debtors 2,025
Other debtors 15,000
17,025
6. Creditors: Amounts Falling Due Within One Year
31 May 2024
£
Other creditors 56,382
Taxation and social security 15,072
71,454
7. Share Capital
31 May 2024
£
Allotted, Called up and fully paid 2
Page 4
Page 5
8. Related Party Transactions
Other Creditors include £3,100 received from EQUIPTHECREATIVE LIMITED, another company for which Mr Gary Rea is also the directors and the shareholder.
Page 5