Acorah Software Products - Accounts Production 16.3.350 false true false 31 January 2024 31 March 2025 31 March 2025 15455868 Mr R C Ness Mr A Cuthbert iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 15455868 2024-01-30 15455868 2025-03-31 15455868 2024-01-31 2025-03-31 15455868 frs-core:CurrentFinancialInstruments 2025-03-31 15455868 frs-core:ComputerEquipment 2025-03-31 15455868 frs-core:ComputerEquipment 2024-01-31 2025-03-31 15455868 frs-core:ComputerEquipment 2024-01-30 15455868 frs-core:ShareCapital 2025-03-31 15455868 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 15455868 frs-bus:PrivateLimitedCompanyLtd 2024-01-31 2025-03-31 15455868 frs-bus:FilletedAccounts 2024-01-31 2025-03-31 15455868 frs-bus:SmallEntities 2024-01-31 2025-03-31 15455868 frs-bus:AuditExempt-NoAccountantsReport 2024-01-31 2025-03-31 15455868 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-31 2025-03-31 15455868 frs-bus:OrdinaryShareClass1 2024-01-31 2025-03-31 15455868 frs-bus:OrdinaryShareClass1 2025-03-31 15455868 frs-bus:Director1 2024-01-31 2025-03-31 15455868 frs-bus:Director1 2024-01-30 15455868 frs-bus:Director1 2025-03-31 15455868 frs-bus:Director2 2024-01-31 2025-03-31 15455868 frs-bus:Director2 2024-01-30 15455868 frs-bus:Director2 2025-03-31 15455868 frs-countries:EnglandWales 2024-01-31 2025-03-31
Registered number: 15455868
Skills Made Simple Ltd
Unaudited Financial Statements
For the Period 31 January 2024 to 31 March 2025
Deans
Gibson House Hurricane Close
Stafford
Staffordshire
ST16 1GZ
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—4
Page 1
Balance Sheet
Registered number: 15455868
31 March 2025
Notes £ £
FIXED ASSETS
Tangible Assets 4 241
241
CURRENT ASSETS
Debtors 5 2,121
Cash at bank and in hand 5,892
8,013
Creditors: Amounts Falling Due Within One Year 6 (7,660 )
NET CURRENT ASSETS (LIABILITIES) 353
TOTAL ASSETS LESS CURRENT LIABILITIES 594
NET ASSETS 594
CAPITAL AND RESERVES
Called up share capital 7 2
Profit and Loss Account 592
SHAREHOLDERS' FUNDS 594
For the period 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 A Cuthbert
Director
28 May 2025
The notes on pages 2 to 4 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Skills Made Simple Ltd is a private company, limited by shares, registered in England & Wales.  The company's registered number and registered office address can be found on the Company Information page.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of section 1a "Small Entities" and the Companies Act 2006.  The financial statements have been prepared under the historical cost convention.
The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.
The significant accounting policies applied in the preparation of these financial statements are set out below.  These policies have been consistently applied to all years presented unless otherwise stated.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts and rebates.
Services
When the outcome of a transaction can be estimated reliably, turnover from business coaching is recognised by reference to the stage of completion at the balance sheet date. Stage of completion is measured by reference to the date the service is provided.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less accumulated depreciation.  Cost includes costs directly attributable to making the asset capable of operating as intended.  Depreciation is provided at the following rates in order to write off each asset over its estimated useful life.
Computer Equipment 3 years straight line
2.4. Taxation
Taxation for the year comprises current and deferred tax.  Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.  
Current or deferred taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
2.5. Debtors and creditors receivable / payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price.  Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.
2.6. Accounting period
To align more closely to the tax year, the company's first accounting period end was extended from 31 January 2025 to 31 March 2025.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 2
2
Page 2
Page 3
4. Tangible Assets
Computer Equipment
£
Cost
As at 31 January 2024 -
Additions 362
As at 31 March 2025 362
Depreciation
As at 31 January 2024 -
Provided during the period 121
As at 31 March 2025 121
Net Book Value
As at 31 March 2025 241
As at 31 January 2024 -
5. Debtors
31 March 2025
£
Due within one year
Prepayments and accrued income 90
Directors' loan accounts 2,031
2,121
6. Creditors: Amounts Falling Due Within One Year
31 March 2025
£
Corporation tax 94
Other taxes and social security 4,835
VAT 1,126
Accruals and deferred income 1,605
7,660
7. Share Capital
31 March 2025
Allotted, called up and fully paid £
2 Ordinary Shares of £ 1.00 each 2
Shares issued during the period: £
2 Ordinary Shares of £ 1.00 each 2
Page 3
Page 4
8. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 31 January 2024 Amounts advanced Amounts repaid Amounts written off As at 31 March 2025
£ £ £ £ £
Mr Richard Ness - 2,635 (937 ) - 1,697
Mr Adrian Cuthbert - 2,201 (1,867 ) - 334
The above loans are provided interest free and are repayable on demand.
Page 4