Acorah Software Products - Accounts Production 16.4.675 false true 31 October 2023 1 November 2022 false 1 November 2023 31 October 2024 31 October 2024 08716275 Mrs Claire Dixon iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08716275 2023-10-31 08716275 2024-10-31 08716275 2023-11-01 2024-10-31 08716275 frs-core:CurrentFinancialInstruments 2024-10-31 08716275 frs-core:Non-currentFinancialInstruments 2024-10-31 08716275 frs-core:ComputerEquipment 2024-10-31 08716275 frs-core:ComputerEquipment 2023-11-01 2024-10-31 08716275 frs-core:ComputerEquipment 2023-10-31 08716275 frs-core:PlantMachinery 2024-10-31 08716275 frs-core:PlantMachinery 2023-11-01 2024-10-31 08716275 frs-core:PlantMachinery 2023-10-31 08716275 frs-core:ShareCapital 2024-10-31 08716275 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31 08716275 frs-bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 08716275 frs-bus:FilletedAccounts 2023-11-01 2024-10-31 08716275 frs-bus:SmallEntities 2023-11-01 2024-10-31 08716275 frs-bus:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 08716275 frs-bus:SmallCompaniesRegimeForAccounts 2023-11-01 2024-10-31 08716275 frs-bus:Director1 2023-11-01 2024-10-31 08716275 frs-countries:EnglandWales 2023-11-01 2024-10-31 08716275 2022-10-31 08716275 2023-10-31 08716275 2022-11-01 2023-10-31 08716275 frs-core:CurrentFinancialInstruments 2023-10-31 08716275 frs-core:Non-currentFinancialInstruments 2023-10-31 08716275 frs-core:ShareCapital 2023-10-31 08716275 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31
Registered number: 08716275
Sustainable Product Supplies Ltd
Unaudited Financial Statements
For The Year Ended 31 October 2024
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 08716275
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,772 2,362
1,772 2,362
CURRENT ASSETS
Debtors 5 12,063 13,384
Cash at bank and in hand 3,795 1,276
15,858 14,660
Creditors: Amounts Falling Due Within One Year 6 (10,923 ) (10,095 )
NET CURRENT ASSETS (LIABILITIES) 4,935 4,565
TOTAL ASSETS LESS CURRENT LIABILITIES 6,707 6,927
Creditors: Amounts Falling Due After More Than One Year 7 (3,780 ) (5,985 )
NET ASSETS 2,927 942
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 2,827 842
SHAREHOLDERS' FUNDS 2,927 942
For the year ending 31 October 2024 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
Mrs Claire Dixon
Director
18 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
Sustainable Product Supplies Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08716275 . The registered office is 3 Dancy Mews, Brook Street, Tavistock, Devon, PL19 0LD.
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 comprises the fair value of the consideration received or receivable for the sale of goods and provision of
services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns,
rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.
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 25% reducing balance
Computer Equipment 3yrs straight line
2.4. Taxation
The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change
attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in
other comprehensive income.
The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or
substantively enacted by the reporting date in the countries where the company operates and generates taxable
income.
2.5. Pensions
A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the
company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient
assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If
contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2023: 3)
3 3
4. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 1 November 2023 6,939 1,098 8,037
As at 31 October 2024 6,939 1,098 8,037
...CONTINUED
Page 2
Page 3
Depreciation
As at 1 November 2023 4,629 1,046 5,675
Provided during the period 538 52 590
As at 31 October 2024 5,167 1,098 6,265
Net Book Value
As at 31 October 2024 1,772 - 1,772
As at 1 November 2023 2,310 52 2,362
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 794 2,683
Other debtors 11,269 10,701
12,063 13,384
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors - 184
Bank loans and overdrafts 3,780 3,780
Other creditors 1,667 1,436
Taxation and social security 5,476 4,695
10,923 10,095
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 3,780 5,985
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
9. Related Party Transactions
During the year the company made advances totalling £13,533 (2023: £13,975) to Mrs CL Dixon. The balance
outstanding as at 31 October 2024, which was included within other debtors was £15,899 (2023 : £8,502). Interest is
charged 2.25% per annum and is calculated on a montly basis. Interest of £214 (2023: £134) was charged on the
outstanding balance during the year.
Page 3