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 07375102 Mr David Ewens Mrs Hayley Ewens iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07375102 2023-09-30 07375102 2024-09-30 07375102 2023-10-01 2024-09-30 07375102 frs-core:CurrentFinancialInstruments 2024-09-30 07375102 frs-core:FurnitureFittings 2024-09-30 07375102 frs-core:FurnitureFittings 2023-10-01 2024-09-30 07375102 frs-core:FurnitureFittings 2023-09-30 07375102 frs-core:NetGoodwill 2024-09-30 07375102 frs-core:NetGoodwill 2023-10-01 2024-09-30 07375102 frs-core:NetGoodwill 2023-09-30 07375102 frs-core:MotorVehicles 2023-10-01 2024-09-30 07375102 frs-core:ShareCapital 2024-09-30 07375102 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 07375102 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 07375102 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 07375102 frs-bus:SmallEntities 2023-10-01 2024-09-30 07375102 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 07375102 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 07375102 frs-bus:Director1 2023-10-01 2024-09-30 07375102 frs-bus:Director1 2023-09-30 07375102 frs-bus:Director1 2024-09-30 07375102 frs-bus:Director2 2023-10-01 2024-09-30 07375102 frs-bus:Director2 2023-09-30 07375102 frs-bus:Director2 2024-09-30 07375102 frs-core:CurrentFinancialInstruments 1 2024-09-30 07375102 frs-countries:EnglandWales 2023-10-01 2024-09-30 07375102 2022-09-30 07375102 2023-09-30 07375102 2022-10-01 2023-09-30 07375102 frs-core:CurrentFinancialInstruments 2023-09-30 07375102 frs-core:ShareCapital 2023-09-30 07375102 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30 07375102 frs-core:CurrentFinancialInstruments 1 2023-09-30
Registered number: 07375102
Ssp Direct Limited
Unaudited Financial Statements
For The Year Ended 30 September 2024
Tax Plus Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 07375102
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 5,466 6,650
5,466 6,650
CURRENT ASSETS
Debtors 6 95,853 51,863
Cash at bank and in hand 332,912 271,658
428,765 323,521
Creditors: Amounts Falling Due Within One Year 7 (281,038 ) (274,874 )
NET CURRENT ASSETS (LIABILITIES) 147,727 48,647
TOTAL ASSETS LESS CURRENT LIABILITIES 153,193 55,297
PROVISIONS FOR LIABILITIES
Deferred Taxation (523 ) (748 )
NET ASSETS 152,670 54,549
CAPITAL AND RESERVES
Called up share capital 9 34 34
Profit and Loss Account 152,636 54,515
SHAREHOLDERS' FUNDS 152,670 54,549
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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
Mrs Hayley Ewens
Director
30/09/2024
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
Ssp Direct Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07375102 . The registered office is 11 Bridge Street, Ramsbottom, Bury, BL0 9AB.
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.
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:
Motor Vehicles 25% Reducing Balance
Fixtures & Fittings 33% Reducing balance
2.5. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
2.6. 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.
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2.7. 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.
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: 7 (2023: 7)
7 7
4. Intangible Assets
Goodwill
£
Cost
As at 1 October 2023 174,630
As at 30 September 2024 174,630
Amortisation
As at 1 October 2023 174,630
As at 30 September 2024 174,630
Net Book Value
As at 30 September 2024 -
As at 1 October 2023 -
5. Tangible Assets
Fixtures & Fittings
£
Cost
As at 1 October 2023 10,365
Additions 1,291
As at 30 September 2024 11,656
...CONTINUED
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Depreciation
As at 1 October 2023 3,715
Provided during the period 2,475
As at 30 September 2024 6,190
Net Book Value
As at 30 September 2024 5,466
As at 1 October 2023 6,650
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 63,155 51,563
Prepayments and accrued income - 300
Directors' loan accounts 32,698 -
95,853 51,863
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 118,246 121,279
Corporation tax 112,209 97,100
Other taxes and social security 2,300 -
VAT 45,520 48,218
Other creditors 94 1,469
Other creditors (1) 1,169 2,088
Accruals and deferred income 1,500 3,500
Directors' loan accounts - 1,220
281,038 274,874
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 34 34
10. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 October 2023 Amounts advanced Amounts repaid Amounts written off As at 30 September 2024
£ £ £ £ £
Mr David Ewens (378 ) 112,180 95,718 - 16,084
Mrs Hayley Ewens (840 ) 126,170 108,718 - 16,613
The above loan is unsecured, interest charged at 2.25%,  and repayable on demand.
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