Acorah Software Products - Accounts Production 16.4.675 false true true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 07973175 M Hoogenstraaten P G Rickerby J J Sturla D De Graaff true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07973175 2023-12-31 07973175 2024-12-31 07973175 2024-01-01 2024-12-31 07973175 frs-core:CurrentFinancialInstruments 2024-12-31 07973175 frs-core:Non-currentFinancialInstruments 2024-12-31 07973175 frs-core:ComputerEquipment 2024-12-31 07973175 frs-core:ComputerEquipment 2024-01-01 2024-12-31 07973175 frs-core:ComputerEquipment 2023-12-31 07973175 frs-core:FurnitureFittings 2024-12-31 07973175 frs-core:FurnitureFittings 2024-01-01 2024-12-31 07973175 frs-core:FurnitureFittings 2023-12-31 07973175 frs-core:MotorVehicles 2024-12-31 07973175 frs-core:MotorVehicles 2024-01-01 2024-12-31 07973175 frs-core:MotorVehicles 2023-12-31 07973175 frs-core:PlantMachinery 2024-12-31 07973175 frs-core:PlantMachinery 2024-01-01 2024-12-31 07973175 frs-core:PlantMachinery 2023-12-31 07973175 frs-core:ShareCapital 2024-12-31 07973175 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 07973175 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 07973175 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 07973175 frs-bus:SmallEntities 2024-01-01 2024-12-31 07973175 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 07973175 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 07973175 1 2024-01-01 2024-12-31 07973175 frs-bus:Director1 2024-01-01 2024-12-31 07973175 frs-bus:Director2 2024-01-01 2024-12-31 07973175 frs-bus:Director3 2024-01-01 2024-12-31 07973175 frs-bus:Director4 2024-01-01 2024-12-31 07973175 frs-countries:EnglandWales 2024-01-01 2024-12-31 07973175 2022-12-31 07973175 2023-12-31 07973175 2023-01-01 2023-12-31 07973175 frs-core:CurrentFinancialInstruments 2023-12-31 07973175 frs-core:Non-currentFinancialInstruments 2023-12-31 07973175 frs-core:ShareCapital 2023-12-31 07973175 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 07973175
Skeye ASI Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2024
King & Taylor
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 07973175
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 81,330 85,194
81,330 85,194
CURRENT ASSETS
Debtors 5 96,085 43,505
Cash at bank and in hand 5,011 1,228
101,096 44,733
Creditors: Amounts Falling Due Within One Year 6 (137,313 ) (68,290 )
NET CURRENT ASSETS (LIABILITIES) (36,217 ) (23,557 )
TOTAL ASSETS LESS CURRENT LIABILITIES 45,113 61,637
Creditors: Amounts Falling Due After More Than One Year 7 (460,679 ) (519,910 )
NET LIABILITIES (415,566 ) (458,273 )
CAPITAL AND RESERVES
Called up share capital 10,000 10,000
Profit and Loss Account (425,566 ) (468,273 )
SHAREHOLDERS' FUNDS (415,566) (458,273)
For the year ending 31 December 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
J J Sturla
Director
13/08/2025
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
Skeye ASI Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 07973175 . The registered office is 41 Innovation Centre, Building 940, Popjack Road, Kent Science Park, Sittingbourne, Kent, ME9 8HL.
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. Going Concern Disclosure
The financial statements have been prepared on a going concern basis as the parent company has indicated it will continue to provide finance to meet ongoing costs.
2.3. 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.
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 20% straight line
Motor Vehicles 20% straight line
Fixtures & Fittings 20% straight line
Computer Equipment 20% straight line
2.5. 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.
2.6. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 12 (2023: 11)
12 11
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 January 2024 94,433 40,086 679 10,346 145,544
Additions 5,209 13,280 1,533 590 20,612
Disposals (1,118 ) (10,500 ) - - (11,618 )
As at 31 December 2024 98,524 42,866 2,212 10,936 154,538
Depreciation
As at 1 January 2024 30,195 24,662 679 4,814 60,350
Provided during the period 14,649 6,450 281 1,978 23,358
Disposals - (10,500 ) - - (10,500 )
As at 31 December 2024 44,844 20,612 960 6,792 73,208
...CONTINUED
Page 2
Page 3
Net Book Value
As at 31 December 2024 53,680 22,254 1,252 4,144 81,330
As at 1 January 2024 64,238 15,424 - 5,532 85,194
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 83,918 31,303
Other debtors 12,167 12,202
96,085 43,505
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 6,767 4,487
Bank loans and overdrafts 10,314 10,059
Other creditors 4,957 10,546
Taxation and social security 115,275 43,198
137,313 68,290
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 7,907 18,225
Other creditors 452,772 501,685
460,679 519,910
8. Related Party Transactions
During the year, Skeye ASI Ltd had intercompany sales of £122,743 (2023 - £38,085) and intercompany expenses of £117,283 (2023- £86,356).
9. Ultimate Controlling Party
The ultimate controlling party is Skeye BV, a company registered in The Netherlands, registered office address Sikkel 22A,3274 KK, Heinenoord, The Netherlands.
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