Acorah Software Products - Accounts Production 16.3.350 false true false 4 September 2023 30 September 2024 30 September 2024 15113304 Mr Pietro Herrera Mrs Sophie Howell iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 15113304 2023-09-03 15113304 2024-09-30 15113304 2023-09-04 2024-09-30 15113304 frs-core:CurrentFinancialInstruments 2024-09-30 15113304 frs-core:MotorVehicles 2024-09-30 15113304 frs-core:MotorVehicles 2023-09-04 2024-09-30 15113304 frs-core:MotorVehicles 2023-09-03 15113304 frs-core:ShareCapital 2024-09-30 15113304 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 15113304 frs-bus:PrivateLimitedCompanyLtd 2023-09-04 2024-09-30 15113304 frs-bus:FilletedAccounts 2023-09-04 2024-09-30 15113304 frs-bus:SmallEntities 2023-09-04 2024-09-30 15113304 frs-bus:AuditExempt-NoAccountantsReport 2023-09-04 2024-09-30 15113304 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-04 2024-09-30 15113304 frs-bus:Director1 2023-09-04 2024-09-30 15113304 frs-bus:Director2 2023-09-04 2024-09-30 15113304 frs-countries:EnglandWales 2023-09-04 2024-09-30
Registered number: 15113304
BFQ Entertainment Ltd
Unaudited Financial Statements
For the Period 4 September 2023 to 30 September 2024
SGR Accountancy Ltd
80 South Gipsy Road
Welling
DA16 1JD
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 15113304
30 September 2024
Notes £ £
FIXED ASSETS
Tangible Assets 4 2,800
2,800
CURRENT ASSETS
Debtors 5 25,908
Cash at bank and in hand 14,816
40,724
Creditors: Amounts Falling Due Within One Year 6 (32,177 )
NET CURRENT ASSETS (LIABILITIES) 8,547
TOTAL ASSETS LESS CURRENT LIABILITIES 11,347
PROVISIONS FOR LIABILITIES
Deferred Taxation (532 )
NET ASSETS 10,815
CAPITAL AND RESERVES
Called up share capital 7 2
Profit and Loss Account 10,813
SHAREHOLDERS' FUNDS 10,815
Page 1
Page 2
For the period ending 30 September 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 Pietro Herrera
Director
4 June 2025
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
BFQ Entertainment Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 15113304 . The registered office is 36 Jubilee Road, St. George, Bristol, Avon, BS5 8HZ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.
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.
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:
Motor Vehicles 20% reducing balance
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.
...CONTINUED
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2.4. Taxation - continued
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 or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 2
2
4. Tangible Assets
Motor Vehicles
£
Cost
As at 4 September 2023 -
Additions 3,500
As at 30 September 2024 3,500
Depreciation
As at 4 September 2023 -
Provided during the period 700
As at 30 September 2024 700
Net Book Value
As at 30 September 2024 2,800
As at 4 September 2023 -
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5. Debtors
30 September 2024
£
Due within one year
Trade debtors 25,908
25,908
6. Creditors: Amounts Falling Due Within One Year
30 September 2024
£
Trade creditors 8,031
Other creditors 4,597
Taxation and social security 19,549
32,177
7. Share Capital
30 September 2024
£
Allotted, Called up and fully paid 2
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