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 09792777 Mr William Robinson Mrs Dorothy Robinson Mr Stuart Robinson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09792777 2023-09-30 09792777 2024-09-30 09792777 2023-10-01 2024-09-30 09792777 frs-core:CurrentFinancialInstruments 2024-09-30 09792777 frs-core:Non-currentFinancialInstruments 2024-09-30 09792777 frs-core:CopyrightsPatentsTrademarksServiceOperatingRights 2024-09-30 09792777 frs-core:CopyrightsPatentsTrademarksServiceOperatingRights 2023-10-01 2024-09-30 09792777 frs-core:CopyrightsPatentsTrademarksServiceOperatingRights 2023-09-30 09792777 frs-core:FurnitureFittings 2024-09-30 09792777 frs-core:FurnitureFittings 2023-10-01 2024-09-30 09792777 frs-core:FurnitureFittings 2023-09-30 09792777 frs-core:PlantMachinery 2024-09-30 09792777 frs-core:PlantMachinery 2023-10-01 2024-09-30 09792777 frs-core:PlantMachinery 2023-09-30 09792777 frs-core:ShareCapital 2024-09-30 09792777 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 09792777 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 09792777 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 09792777 frs-bus:SmallEntities 2023-10-01 2024-09-30 09792777 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 09792777 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 09792777 frs-bus:Director1 2023-10-01 2024-09-30 09792777 frs-bus:Director2 2023-10-01 2024-09-30 09792777 frs-bus:Director3 2023-10-01 2024-09-30 09792777 frs-countries:EnglandWales 2023-10-01 2024-09-30 09792777 2022-09-30 09792777 2023-09-30 09792777 2022-10-01 2023-09-30 09792777 frs-core:CurrentFinancialInstruments 2023-09-30 09792777 frs-core:Non-currentFinancialInstruments 2023-09-30 09792777 frs-core:ShareCapital 2023-09-30 09792777 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30
Registered number: 09792777
EU45 Antifoul Ltd
Unaudited Financial Statements
For The Year Ended 30 September 2024
MSB Basildon
Suite 74, Jupiter Bus.Centre
Paycocke Road
Basildon
Essex
SS14 3HX
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 09792777
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 5,736 7,752
Tangible Assets 5 158 158
5,894 7,910
CURRENT ASSETS
Stocks 6 2,454 8,446
Debtors 7 564 2,112
Cash at bank and in hand 20,132 14,160
23,150 24,718
Creditors: Amounts Falling Due Within One Year 8 (20,356 ) (22,198 )
NET CURRENT ASSETS (LIABILITIES) 2,794 2,520
TOTAL ASSETS LESS CURRENT LIABILITIES 8,688 10,430
Creditors: Amounts Falling Due After More Than One Year 9 (4,965 ) (8,965 )
NET ASSETS 3,723 1,465
CAPITAL AND RESERVES
Called up share capital 10 100 100
Profit and Loss Account 3,623 1,365
SHAREHOLDERS' FUNDS 3,723 1,465
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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
Mr William Robinson
Director
26/06/2025
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
EU45 Antifoul Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09792777 . The registered office is 12 Sydervelt Road, Canvey Island, Essex, SS8 9EG.
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 - Intellectual Property
Intellectual property assets are amortised to the profit and loss account over its estimated economic life of 10 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 25% SL
Fixtures & Fittings 25%
2.5. 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.
2.6. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
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4. Intangible Assets
Intellectual Property
£
Cost
As at 1 October 2023 20,164
As at 30 September 2024 20,164
Amortisation
As at 1 October 2023 12,412
Provided during the period 2,016
As at 30 September 2024 14,428
Net Book Value
As at 30 September 2024 5,736
As at 1 October 2023 7,752
5. Tangible Assets
Plant & Machinery Fixtures & Fittings Total
£ £ £
Cost
As at 1 October 2023 3,291 2,975 6,266
As at 30 September 2024 3,291 2,975 6,266
Depreciation
As at 1 October 2023 3,133 2,975 6,108
As at 30 September 2024 3,133 2,975 6,108
Net Book Value
As at 30 September 2024 158 - 158
As at 1 October 2023 158 - 158
6. Stocks
2024 2023
£ £
Stock - products 2,454 8,446
7. Debtors
2024 2023
£ £
Due within one year
Trade debtors 564 756
VAT - 1,356
564 2,112
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8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 3,107 3,784
Bank loans and overdrafts 4,368 7,179
VAT 561 -
Accruals and deferred income 1,320 1,320
Directors' loan accounts 11,000 9,915
20,356 22,198
9. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 4,965 8,965
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
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