Acorah Software Products - Accounts Production 16.4.675 false true false 10 February 2024 28 February 2025 28 February 2025 15479334 K Sangdao K Sangdao true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 15479334 2024-02-09 15479334 2025-02-28 15479334 2024-02-10 2025-02-28 15479334 frs-core:CurrentFinancialInstruments 2025-02-28 15479334 frs-core:FurnitureFittings 2025-02-28 15479334 frs-core:FurnitureFittings 2024-02-10 2025-02-28 15479334 frs-core:FurnitureFittings 2024-02-09 15479334 frs-core:NetGoodwill 2025-02-28 15479334 frs-core:NetGoodwill 2024-02-10 2025-02-28 15479334 frs-core:NetGoodwill 2024-02-09 15479334 frs-core:PlantMachinery 2025-02-28 15479334 frs-core:PlantMachinery 2024-02-10 2025-02-28 15479334 frs-core:PlantMachinery 2024-02-09 15479334 frs-core:ShareCapital 2025-02-28 15479334 frs-core:RetainedEarningsAccumulatedLosses 2025-02-28 15479334 frs-bus:PrivateLimitedCompanyLtd 2024-02-10 2025-02-28 15479334 frs-bus:FilletedAccounts 2024-02-10 2025-02-28 15479334 frs-bus:SmallEntities 2024-02-10 2025-02-28 15479334 frs-bus:AuditExempt-NoAccountantsReport 2024-02-10 2025-02-28 15479334 frs-bus:SmallCompaniesRegimeForAccounts 2024-02-10 2025-02-28 15479334 1 2024-02-10 2025-02-28 15479334 frs-bus:Director1 2024-02-10 2025-02-28 15479334 frs-countries:EnglandWales 2024-02-10 2025-02-28
Registered number: 15479334
Sangdaos Authentic Thai Massage & Spa Ltd
Unaudited Financial Statements
For the Period 10 February 2024 to 28 February 2025
A K E Tax & Accountancy Ltd
Chartered Certified Accountants
Hoddesdon Enterprise Centre
Pindar Road
Hoddesdon
Hertfordshire
EN11 0FJ
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—4
Page 1
Balance Sheet
Registered number: 15479334
28 February 2025
Notes £ £
FIXED ASSETS
Intangible Assets 4 111,663
Tangible Assets 5 2,512
114,175
CURRENT ASSETS
Debtors 6 1,570
Cash at bank and in hand 20,053
21,623
Creditors: Amounts Falling Due Within One Year 7 (134,556 )
NET CURRENT ASSETS (LIABILITIES) (112,933 )
TOTAL ASSETS LESS CURRENT LIABILITIES 1,242
NET ASSETS 1,242
CAPITAL AND RESERVES
Called up share capital 8 100
Profit and Loss Account 1,142
SHAREHOLDERS' FUNDS 1,242
For the period ending 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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
K Sangdao
Director
15 July 2025
The notes on pages 2 to 4 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Sangdaos Authentic Thai Massage & Spa Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 15479334 . The registered office is C/O Ake, Hoddesdon Enterprise Centre, Pindar Road, Hoddesdon, Hertfordshire, EN11 0FJ.
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 rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
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 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% Straight line
Fixtures & Fittings 25% Straight line
2.5. 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 period, 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.
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2.6. Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
2.7. Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2.8. Reporting period
These accounts present a period of more than one year, due to the fact that the company was incorporated on 10 February 2024 and the reporting date is 28 February 2025. Henceforth, the accounts will be prepared annually.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 5
5
4. Intangible Assets
Goodwill
£
Cost
As at 10 February 2024 -
Additions 124,070
As at 28 February 2025 124,070
Amortisation
As at 10 February 2024 -
Provided during the period 12,407
As at 28 February 2025 12,407
Net Book Value
As at 28 February 2025 111,663
As at 10 February 2024 -
5. Tangible Assets
Plant & Machinery Fixtures & Fittings Total
£ £ £
Cost
As at 10 February 2024 - - -
Additions 2,601 750 3,351
As at 28 February 2025 2,601 750 3,351
Depreciation
As at 10 February 2024 - - -
Provided during the period 651 188 839
As at 28 February 2025 651 188 839
Net Book Value
As at 28 February 2025 1,950 562 2,512
As at 10 February 2024 - - -
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6. Debtors
28 February 2025
£
Due within one year
Trade debtors 895
Other debtors 675
1,570
7. Creditors: Amounts Falling Due Within One Year
28 February 2025
£
Trade creditors 526
Other creditors 118,755
Taxation and social security 15,275
134,556
8. Share Capital
28 February 2025
£
Allotted, Called up and fully paid 100
9. Related Party Transactions
K Sangdao
The above is a related party by virtue of being a director and a shareholder.
During the period, the director incurred expenses on behalf of the company and withdrew monies.
At balance sheet date, she was owed £120,146 by the company. 
No interest has been charged on this loan during the period.
10. Ultimate Controlling Party
The company's ultimate controlling party is K Sangdao by virtue of her majority ownership of the issued share capital in the company.
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