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 06365638 Mr Russell Crampton Ms Sarah Woodward iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06365638 2023-09-30 06365638 2024-09-30 06365638 2023-10-01 2024-09-30 06365638 frs-core:CurrentFinancialInstruments 2024-09-30 06365638 frs-core:ComputerEquipment 2024-09-30 06365638 frs-core:ComputerEquipment 2023-10-01 2024-09-30 06365638 frs-core:ComputerEquipment 2023-09-30 06365638 frs-core:PlantMachinery 2024-09-30 06365638 frs-core:PlantMachinery 2023-10-01 2024-09-30 06365638 frs-core:PlantMachinery 2023-09-30 06365638 frs-core:ShareCapital 2024-09-30 06365638 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 06365638 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 06365638 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 06365638 frs-bus:SmallEntities 2023-10-01 2024-09-30 06365638 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 06365638 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 06365638 frs-bus:Director1 2023-10-01 2024-09-30 06365638 frs-bus:Director2 2023-10-01 2024-09-30 06365638 1 2023-10-01 2024-09-30 06365638 frs-countries:EnglandWales 2023-10-01 2024-09-30 06365638 2022-09-30 06365638 2023-09-30 06365638 2022-10-01 2023-09-30 06365638 frs-core:CurrentFinancialInstruments 2023-09-30 06365638 frs-core:ShareCapital 2023-09-30 06365638 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30 06365638 1 2022-10-01 2023-09-30
Registered number: 06365638
Fuelled By Design Limited
Unaudited Financial Statements
For The Year Ended 30 September 2024
Taxave Limited
59 Gales Drive
Crawley
RH10 1QA
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 06365638
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,391 1,736
1,391 1,736
CURRENT ASSETS
Debtors 5 2,581 3,098
Cash at bank and in hand 29,493 43,899
32,074 46,997
Creditors: Amounts Falling Due Within One Year 6 (28,052 ) (28,572 )
NET CURRENT ASSETS (LIABILITIES) 4,022 18,425
TOTAL ASSETS LESS CURRENT LIABILITIES 5,413 20,161
NET ASSETS 5,413 20,161
CAPITAL AND RESERVES
Called up share capital 7 2 2
Profit and Loss Account 5,411 20,159
SHAREHOLDERS' FUNDS 5,413 20,161
Page 1
Page 2
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 Russell Crampton
Director
20th June 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
Fuelled By Design Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06365638 . The registered office is Bybrook Corner, 37 Military Road, Sandgate, Kent, CT20 3BH.
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 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
Computer Equipment 20% Reducing Balance
2.4. 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.
2.5. 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.
All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.
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3. Average Number of Employees
Average number of employees, including directors, during the year was:
2024 2023
Employees 2 2
2 2
4. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 1 October 2023 5,327 4,432 9,759
As at 30 September 2024 5,327 4,432 9,759
Depreciation
As at 1 October 2023 4,962 3,061 8,023
Provided during the period 72 273 345
As at 30 September 2024 5,034 3,334 8,368
Net Book Value
As at 30 September 2024 293 1,098 1,391
As at 1 October 2023 365 1,371 1,736
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 2,581 3,098
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 574 1,661
Corporation tax 5,096 6,276
Other taxes and social security 98 118
VAT 934 493
Net wages 2,184 2,140
Other creditors 1,282 -
Directors' loan accounts 17,884 17,884
28,052 28,572
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Page 5
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
Page 5