Acorah Software Products - Accounts Production 16.2.850 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 08618021 Mr Paul Beer Mrs Louise Beer iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08618021 2024-03-31 08618021 2025-03-31 08618021 2024-04-01 2025-03-31 08618021 frs-core:CurrentFinancialInstruments 2025-03-31 08618021 frs-core:ComputerEquipment 2025-03-31 08618021 frs-core:ComputerEquipment 2024-04-01 2025-03-31 08618021 frs-core:ComputerEquipment 2024-03-31 08618021 frs-core:FurnitureFittings 2025-03-31 08618021 frs-core:FurnitureFittings 2024-04-01 2025-03-31 08618021 frs-core:FurnitureFittings 2024-03-31 08618021 frs-core:ShareCapital 2025-03-31 08618021 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 08618021 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 08618021 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 08618021 frs-bus:SmallEntities 2024-04-01 2025-03-31 08618021 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 08618021 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 08618021 frs-bus:Director1 2024-04-01 2025-03-31 08618021 frs-bus:Director2 2024-04-01 2025-03-31 08618021 frs-countries:EnglandWales 2024-04-01 2025-03-31 08618021 2023-03-31 08618021 2024-03-31 08618021 2023-04-01 2024-03-31 08618021 frs-core:CurrentFinancialInstruments 2024-03-31 08618021 frs-core:ShareCapital 2024-03-31 08618021 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 08618021
Selectpackaging Limited
Financial Statements
For The Year Ended 31 March 2025
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 08618021
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 2,166 2,242
2,166 2,242
CURRENT ASSETS
Debtors 5 9,216 43,188
Cash at bank and in hand 111,313 44,463
120,529 87,651
Creditors: Amounts Falling Due Within One Year 6 (42,596 ) (19,519 )
NET CURRENT ASSETS (LIABILITIES) 77,933 68,132
TOTAL ASSETS LESS CURRENT LIABILITIES 80,099 70,374
NET ASSETS 80,099 70,374
CAPITAL AND RESERVES
Called up share capital 7 2 2
Profit and Loss Account 80,097 70,372
SHAREHOLDERS' FUNDS 80,099 70,374
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 Paul Beer
Director
16 July 2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Selectpackaging Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08618021 . The registered office is 16 Queen Street, Ilkeston, DE7 5GT.
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 rebates and other similar allowances.
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:
Fixtures & Fittings 33% straight line
Computer Equipment 33% straight line
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. 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. 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. The carrying amount of deferred tax assets is reviewed at the end of each reporting period.
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 2)
2 2
4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 April 2024 3,345 8,067 11,412
Additions - 1,295 1,295
As at 31 March 2025 3,345 9,362 12,707
...CONTINUED
Page 2
Page 3
Depreciation
As at 1 April 2024 2,879 6,291 9,170
Provided during the period 159 1,212 1,371
As at 31 March 2025 3,038 7,503 10,541
Net Book Value
As at 31 March 2025 307 1,859 2,166
As at 1 April 2024 466 1,776 2,242
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 7,966 5,886
Other debtors - 35,717
VAT 1,250 1,585
9,216 43,188
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Corporation tax 23,442 17,034
Other taxes and social security 131 97
Net wages 12,000 -
Other creditors 2,057 2,046
Accruals and deferred income 342 342
Directors' loan accounts 4,624 -
42,596 19,519
7. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 2 2
Page 3