Acorah Software Products - Accounts Production 16.3.350 false true 31 July 2023 1 August 2022 false 1 August 2023 31 July 2024 31 July 2024 06968814 Mr Neil Gould Ms Leigh Gould iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06968814 2023-07-31 06968814 2024-07-31 06968814 2023-08-01 2024-07-31 06968814 frs-core:CurrentFinancialInstruments 2024-07-31 06968814 frs-core:Non-currentFinancialInstruments 2024-07-31 06968814 frs-core:FurnitureFittings 2024-07-31 06968814 frs-core:FurnitureFittings 2023-08-01 2024-07-31 06968814 frs-core:FurnitureFittings 2023-07-31 06968814 frs-core:NetGoodwill 2024-07-31 06968814 frs-core:NetGoodwill 2023-08-01 2024-07-31 06968814 frs-core:NetGoodwill 2023-07-31 06968814 frs-core:MotorVehicles 2024-07-31 06968814 frs-core:MotorVehicles 2023-08-01 2024-07-31 06968814 frs-core:MotorVehicles 2023-07-31 06968814 frs-core:PlantMachinery 2024-07-31 06968814 frs-core:PlantMachinery 2023-08-01 2024-07-31 06968814 frs-core:PlantMachinery 2023-07-31 06968814 frs-core:ShareCapital 2024-07-31 06968814 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 06968814 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 06968814 frs-bus:FilletedAccounts 2023-08-01 2024-07-31 06968814 frs-bus:SmallEntities 2023-08-01 2024-07-31 06968814 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 06968814 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 06968814 frs-bus:Director1 2023-08-01 2024-07-31 06968814 frs-bus:Director1 2023-07-31 06968814 frs-bus:Director1 2024-07-31 06968814 frs-bus:Director2 2023-08-01 2024-07-31 06968814 frs-countries:EnglandWales 2023-08-01 2024-07-31 06968814 2022-07-31 06968814 2023-07-31 06968814 2022-08-01 2023-07-31 06968814 frs-core:CurrentFinancialInstruments 2023-07-31 06968814 frs-core:Non-currentFinancialInstruments 2023-07-31 06968814 frs-core:ShareCapital 2023-07-31 06968814 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31
Registered number: 06968814
Streaky Ltd
Unaudited Financial Statements
For The Year Ended 31 July 2024
Redland Consultancy
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 06968814
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 140,538 38,773
140,538 38,773
CURRENT ASSETS
Debtors 6 16,500 25,325
Cash at bank and in hand 38,837 144,071
55,337 169,396
Creditors: Amounts Falling Due Within One Year 7 (97,718 ) (130,548 )
NET CURRENT ASSETS (LIABILITIES) (42,381 ) 38,848
TOTAL ASSETS LESS CURRENT LIABILITIES 98,157 77,621
Creditors: Amounts Falling Due After More Than One Year 8 (83,720 ) (29,337 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (12,057 ) (9,694 )
NET ASSETS 2,380 38,590
CAPITAL AND RESERVES
Called up share capital 9 1,000 1,000
Profit and Loss Account 1,380 37,590
SHAREHOLDERS' FUNDS 2,380 38,590
Page 1
Page 2
For the year ending 31 July 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 Neil Gould
Director
06/06/2025
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
Streaky Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 06968814 . The registered office is 32 Bell Street The Coach House, , Henley On Thames, Oxfordshire, England, RG9 2BH.
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:
Plant & Machinery 20% Reducing Balance
Motor Vehicles 20% Straight Line
Fixtures & Fittings 20% Reducing Balance
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
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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: 6 (2023: 6)
6 6
4. Intangible Assets
Goodwill
£
Cost
As at 1 August 2023 10,000
As at 31 July 2024 10,000
Amortisation
As at 1 August 2023 10,000
As at 31 July 2024 10,000
Net Book Value
As at 31 July 2024 -
As at 1 August 2023 -
5. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 August 2023 8,346 - 102,505 110,851
Additions - 98,200 24,983 123,183
As at 31 July 2024 8,346 98,200 127,488 234,034
Depreciation
As at 1 August 2023 7,566 - 64,512 72,078
Provided during the period 156 9,458 11,804 21,418
As at 31 July 2024 7,722 9,458 76,316 93,496
Net Book Value
As at 31 July 2024 624 88,742 51,172 140,538
As at 1 August 2023 780 - 37,993 38,773
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Page 5
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 3,102 12,496
Other debtors 13,398 12,829
16,500 25,325
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 1,098 1,102
Bank loans and overdrafts 4,229 3,889
Other loans 3,574 3,574
Other creditors 20,488 37,438
Taxation and social security 68,329 84,545
97,718 130,548
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 23,974 29,337
Other creditors 59,746 -
83,720 29,337
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1,000 1,000
10. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 August 2023 Amounts advanced Amounts repaid Amounts written off As at 31 July 2024
£ £ £ £ £
Mr Neil Gould - 570 - - 570
The above loan is unsecured, interest free and repayable on demand.
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