Acorah Software Products - Accounts Production 16.4.675 false true 31 January 2024 1 February 2023 false 1 February 2024 31 January 2025 31 January 2025 03235643 Mr Sean Johnson Quantrell Associates Limited true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 03235643 2024-01-31 03235643 2025-01-31 03235643 2024-02-01 2025-01-31 03235643 frs-core:CurrentFinancialInstruments 2025-01-31 03235643 frs-core:ComputerEquipment 2025-01-31 03235643 frs-core:ComputerEquipment 2024-02-01 2025-01-31 03235643 frs-core:ComputerEquipment 2024-01-31 03235643 frs-core:ShareCapital 2025-01-31 03235643 frs-core:RetainedEarningsAccumulatedLosses 2025-01-31 03235643 frs-bus:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 03235643 frs-bus:FilletedAccounts 2024-02-01 2025-01-31 03235643 frs-bus:SmallEntities 2024-02-01 2025-01-31 03235643 frs-bus:AuditExempt-NoAccountantsReport 2024-02-01 2025-01-31 03235643 frs-bus:SmallCompaniesRegimeForAccounts 2024-02-01 2025-01-31 03235643 1 2024-02-01 2025-01-31 03235643 frs-bus:Director1 2024-02-01 2025-01-31 03235643 frs-bus:CompanySecretary1 2024-02-01 2025-01-31 03235643 frs-core:CurrentFinancialInstruments 1 2025-01-31 03235643 frs-countries:EnglandWales 2024-02-01 2025-01-31 03235643 2023-01-31 03235643 2024-01-31 03235643 2023-02-01 2024-01-31 03235643 frs-core:CurrentFinancialInstruments 2024-01-31 03235643 frs-core:ShareCapital 2024-01-31 03235643 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 03235643 frs-core:CurrentFinancialInstruments 1 2024-01-31
Registered number: 03235643
Cyberland Limited
Unaudited Financial Statements
For The Year Ended 31 January 2025
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 03235643
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 3 26,187 34,916
26,187 34,916
CURRENT ASSETS
Debtors 4 - 1,874
Cash at bank and in hand 33,468 10,484
33,468 12,358
Creditors: Amounts Falling Due Within One Year 5 (21,346 ) (16,681 )
NET CURRENT ASSETS (LIABILITIES) 12,122 (4,323 )
TOTAL ASSETS LESS CURRENT LIABILITIES 38,309 30,593
NET ASSETS 38,309 30,593
CAPITAL AND RESERVES
Called up share capital 6 1 1
Profit and Loss Account 38,308 30,592
SHAREHOLDERS' FUNDS 38,309 30,593
For the year ending 31 January 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 his 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 Sean Johnson
Director
11th August 2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. Accounting Policies
1.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
1.2. Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
1.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. 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:
Computer Equipment 25% Reducing Balance
1.4. 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 year 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 asset reflects 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 or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
2. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: 1)
1 1
3. Tangible Assets
Computer Equipment
£
Cost
As at 1 February 2024 83,946
As at 31 January 2025 83,946
Depreciation
As at 1 February 2024 49,030
Provided during the period 8,729
As at 31 January 2025 57,759
...CONTINUED
Page 2
Page 3
Net Book Value
As at 31 January 2025 26,187
As at 1 February 2024 34,916
4. Debtors
2025 2024
£ £
Due within one year
VAT - 1,874
5. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Corporation tax 3,822 -
Other taxes and social security - 87
VAT 5,706 -
Other creditors 160 122
Credit cards 1,624 2,253
Accruals and deferred income 871 829
Director's loan account 9,163 13,390
21,346 16,681
6. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1 1
7. Ultimate Controlling Party
The company's ultimate controlling party is Sean Johnson by virtue of his ownership of 100% of the issued share capital in the company.
Page 3