Acorah Software Products - Accounts Production 16.3.350 false true 30 September 2023 1 October 2022 false 1 October 2023 30 September 2024 30 September 2024 10123270 Mr Michel Santos de Moura Miss Cintia De Souza iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10123270 2023-09-30 10123270 2024-09-30 10123270 2023-10-01 2024-09-30 10123270 frs-core:CurrentFinancialInstruments 2024-09-30 10123270 frs-core:Non-currentFinancialInstruments 2024-09-30 10123270 frs-core:ComputerEquipment 2024-09-30 10123270 frs-core:ComputerEquipment 2023-10-01 2024-09-30 10123270 frs-core:ComputerEquipment 2023-09-30 10123270 frs-core:MotorVehicles 2024-09-30 10123270 frs-core:MotorVehicles 2023-10-01 2024-09-30 10123270 frs-core:MotorVehicles 2023-09-30 10123270 frs-core:PlantMachinery 2024-09-30 10123270 frs-core:PlantMachinery 2023-10-01 2024-09-30 10123270 frs-core:PlantMachinery 2023-09-30 10123270 frs-core:ShareCapital 2024-09-30 10123270 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 10123270 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 10123270 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 10123270 frs-bus:SmallEntities 2023-10-01 2024-09-30 10123270 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 10123270 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 10123270 frs-bus:Director1 2023-10-01 2024-09-30 10123270 frs-bus:Director2 2023-10-01 2024-09-30 10123270 frs-countries:Scotland 2023-10-01 2024-09-30 10123270 2022-09-30 10123270 2023-09-30 10123270 2022-10-01 2023-09-30 10123270 frs-core:CurrentFinancialInstruments 2023-09-30 10123270 frs-core:Non-currentFinancialInstruments 2023-09-30 10123270 frs-core:ShareCapital 2023-09-30 10123270 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30
Registered number: 10123270
Ironing Fairy Ltd
Unaudited Financial Statements
For The Year Ended 30 September 2024
Landsborough Accounting Services Ltd
Abbots Cottage
Abbots Way
Guildford
GU1 2XP
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 10123270
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 22,688 23,820
22,688 23,820
CURRENT ASSETS
Debtors 5 3,595 -
Cash at bank and in hand 7,428 17,605
11,023 17,605
Creditors: Amounts Falling Due Within One Year 6 (29,188 ) (29,279 )
NET CURRENT ASSETS (LIABILITIES) (18,165 ) (11,674 )
TOTAL ASSETS LESS CURRENT LIABILITIES 4,523 12,146
Creditors: Amounts Falling Due After More Than One Year 7 (32,077 ) (44,317 )
NET LIABILITIES (27,554 ) (32,171 )
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account (27,654 ) (32,271 )
SHAREHOLDERS' FUNDS (27,554) (32,171)
For the year 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 Michel Santos de Moura
Director
Miss Cintia De Souza
Director
05/06/2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Ironing Fairy Ltd Registered number 10123270 is a limited by shares company incorporated in Scotland. The Registered Office is Abbots Cottage, Abbots Way, Guildford, Surrey, GU1 2XP.
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 stated at cost less depreciation. 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
Motor Vehicles 25% Reducing balance
Computer Equipment 25% Reducing balance
2.4. Government Grant
Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.
Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.
Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.
All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2024 2023
Office and administration 1 1
Sales, marketing and distribution 4 4
5 5
Page 2
Page 3
4. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 October 2023 65,529 14,164 4,904 84,597
Additions 3,964 - 2,466 6,430
As at 30 September 2024 69,493 14,164 7,370 91,027
Depreciation
As at 1 October 2023 44,945 12,274 3,558 60,777
Provided during the period 6,137 472 953 7,562
As at 30 September 2024 51,082 12,746 4,511 68,339
Net Book Value
As at 30 September 2024 18,411 1,418 2,859 22,688
As at 1 October 2023 20,584 1,890 1,346 23,820
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 3,595 -
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 1 (1 )
Other taxes and social security 1,173 988
VAT 9,548 5,360
Net wages 7,915 5,056
Accruals and deferred income 1,460 1,150
Directors' loan accounts 9,091 16,726
29,188 29,279
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Government grants after one year 6,500 9,500
Capital grants 10,000 10,000
Directors loan account 15,577 24,817
32,077 44,317
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 3