Acorah Software Products - Accounts Production 16.2.850 false true true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 11904663 Mr Simon Jeffrey Oram Miss Gemma Oram Ms Amanda Marie Hope iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11904663 2024-03-31 11904663 2025-03-31 11904663 2024-04-01 2025-03-31 11904663 frs-core:CurrentFinancialInstruments 2025-03-31 11904663 frs-core:FurnitureFittings 2025-03-31 11904663 frs-core:FurnitureFittings 2024-04-01 2025-03-31 11904663 frs-core:FurnitureFittings 2024-03-31 11904663 frs-core:MotorVehicles 2025-03-31 11904663 frs-core:MotorVehicles 2024-04-01 2025-03-31 11904663 frs-core:MotorVehicles 2024-03-31 11904663 frs-core:PlantMachinery 2025-03-31 11904663 frs-core:PlantMachinery 2024-04-01 2025-03-31 11904663 frs-core:PlantMachinery 2024-03-31 11904663 frs-core:ShareCapital 2025-03-31 11904663 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 11904663 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 11904663 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 11904663 frs-bus:SmallEntities 2024-04-01 2025-03-31 11904663 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 11904663 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 11904663 frs-bus:Director1 2024-04-01 2025-03-31 11904663 frs-bus:Director2 2024-04-01 2025-03-31 11904663 frs-bus:Director3 2024-04-01 2025-03-31 11904663 frs-countries:EnglandWales 2024-04-01 2025-03-31 11904663 2023-03-31 11904663 2024-03-31 11904663 2023-04-01 2024-03-31 11904663 frs-core:CurrentFinancialInstruments 2024-03-31 11904663 frs-core:ShareCapital 2024-03-31 11904663 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 11904663
Illumino Ignis (Kent) Limited
Financial Statements
For The Year Ended 31 March 2025
Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 11904663
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 3 182,351 141,896
182,351 141,896
CURRENT ASSETS
Stocks 4 167,204 -
Debtors 5 604,167 659,483
Cash at bank and in hand 627,693 466,241
1,399,064 1,125,724
Creditors: Amounts Falling Due Within One Year 6 (823,050 ) (792,517 )
NET CURRENT ASSETS (LIABILITIES) 576,014 333,207
TOTAL ASSETS LESS CURRENT LIABILITIES 758,365 475,103
NET ASSETS 758,365 475,103
CAPITAL AND RESERVES
Called up share capital 7 202 201
Profit and Loss Account 758,163 474,902
SHAREHOLDERS' FUNDS 758,365 475,103
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For the year ending 31 March 2025 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 Simon Jeffrey Oram
Director
Miss Gemma Oram
Director
Ms Amanda Marie Hope
Director
16/06/2025
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. Accounting Policies
1.1. 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.
1.2. Going Concern Disclosure
The financial statements have been prepared on a going concern basis.
1.3. 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.
1.4. 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% on reducing balance
Motor Vehicles 25% on reducing balance
Fixtures & Fittings 15% on reducing balance
1.5. 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.
1.6. 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.
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.
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2. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2024: 3)
3 3
3. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 April 2024 107,474 126,409 7,463 241,346
Additions - 144,320 2,889 147,209
Disposals - (106,871 ) - (106,871 )
As at 31 March 2025 107,474 163,858 10,352 281,684
Depreciation
As at 1 April 2024 53,401 42,661 3,388 99,450
Provided during the period 10,814 36,080 1,045 47,939
Disposals - (48,056 ) - (48,056 )
As at 31 March 2025 64,215 30,685 4,433 99,333
Net Book Value
As at 31 March 2025 43,259 133,173 5,919 182,351
As at 1 April 2024 54,073 83,748 4,075 141,896
4. Stocks
2025 2024
£ £
Stock 167,204 -
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 604,067 618,375
Other debtors 100 40,100
Directors' loan accounts - 1,008
604,167 659,483
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 612,944 676,437
Bank loans and overdrafts 878 2,403
Corporation tax 114,598 74,849
Other taxes and social security 12,990 11,169
VAT 36,592 19,458
Other creditors 4,371 4,371
Accruals and deferred income 40,580 3,830
Directors' loan accounts 97 -
823,050 792,517
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7. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 202 201
8. Dividends
2025 2024
£ £
On equity shares:
Interim dividend paid 120,200 96,200
120,200 96,200
9. General Information
Illumino Ignis (Kent) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11904663 . The registered office is Stones Accounting Limited 5 North Court, Armstrong Road, Maidstone, Kent, ME15 6JZ.
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