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 04639878 Mr Jochum Bierma Mr Peter Simmons iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04639878 2023-12-31 04639878 2024-12-31 04639878 2024-01-01 2024-12-31 04639878 frs-core:CurrentFinancialInstruments 2024-12-31 04639878 frs-core:ComputerEquipment 2024-12-31 04639878 frs-core:ComputerEquipment 2024-01-01 2024-12-31 04639878 frs-core:ComputerEquipment 2023-12-31 04639878 frs-core:FurnitureFittings 2024-12-31 04639878 frs-core:FurnitureFittings 2024-01-01 2024-12-31 04639878 frs-core:FurnitureFittings 2023-12-31 04639878 frs-core:MotorVehicles 2024-12-31 04639878 frs-core:MotorVehicles 2024-01-01 2024-12-31 04639878 frs-core:MotorVehicles 2023-12-31 04639878 frs-core:PlantMachinery 2024-12-31 04639878 frs-core:PlantMachinery 2024-01-01 2024-12-31 04639878 frs-core:PlantMachinery 2023-12-31 04639878 frs-core:ShareCapital 2024-12-31 04639878 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 04639878 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 04639878 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 04639878 frs-bus:SmallEntities 2024-01-01 2024-12-31 04639878 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 04639878 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 04639878 frs-bus:Director1 2024-01-01 2024-12-31 04639878 frs-bus:Director2 2024-01-01 2024-12-31 04639878 frs-countries:EnglandWales 2024-01-01 2024-12-31 04639878 2022-12-31 04639878 2023-12-31 04639878 2023-01-01 2023-12-31 04639878 frs-core:CurrentFinancialInstruments 2023-12-31 04639878 frs-core:ShareCapital 2023-12-31 04639878 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 04639878
Sano UK Powered Stairclimbers Limited
Financial Statements
For The Year Ended 31 December 2024
RDP Accountants
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 04639878
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 44,234 26,593
44,234 26,593
CURRENT ASSETS
Stocks 5 105,809 113,512
Debtors 6 112,808 71,522
Cash at bank and in hand 175,839 555,245
394,456 740,279
Creditors: Amounts Falling Due Within One Year 7 (46,902 ) (105,362 )
NET CURRENT ASSETS (LIABILITIES) 347,554 634,917
TOTAL ASSETS LESS CURRENT LIABILITIES 391,788 661,510
PROVISIONS FOR LIABILITIES
Deferred Taxation (9,652 ) (6,026 )
NET ASSETS 382,136 655,484
CAPITAL AND RESERVES
Called up share capital 8 50,000 50,000
Profit and Loss Account 332,136 605,484
SHAREHOLDERS' FUNDS 382,136 655,484
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 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 Peter Simmons
Director
02/06/2025
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
Sano UK Powered Stairclimbers Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04639878 . The registered office is Bristol Court, Betts Avenue, Martlesham Heath, Suffolk, IP5 3RY.
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:
Plant & Machinery 25% Reducing Balance Basis
Motor Vehicles 25% Reducing Balance Basis
Fixtures & Fittings 25% Reducing Balance Basis
Computer Equipment 33% Straight Line basis
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.5. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.6. 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.
...CONTINUED
Page 3
Page 4
2.6. Taxation - continued
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2023: 3)
3 3
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 January 2024 14,203 64,598 - 10,150 88,951
Additions 1,159 38,782 - - 39,941
Disposals - (25,499 ) - - (25,499 )
Other - - 424 - 424
As at 31 December 2024 15,362 77,881 424 10,150 103,817
Depreciation
As at 1 January 2024 13,984 38,824 - 9,550 62,358
Provided during the period 343 14,315 1 344 15,003
Disposals - (18,201 ) - - (18,201 )
Other - - 423 - 423
As at 31 December 2024 14,327 34,938 424 9,894 59,583
Net Book Value
As at 31 December 2024 1,035 42,943 - 256 44,234
As at 1 January 2024 219 25,774 - 600 26,593
5. Stocks
2024 2023
£ £
Stock 105,809 113,512
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 58,973 59,150
Other debtors 53,835 12,372
112,808 71,522
Page 4
Page 5
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 297 36,023
Other creditors 3,749 11,002
Taxation and social security 42,856 58,337
46,902 105,362
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 50,000 50,000
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