Acorah Software Products - Accounts Production 16.5.460 false true 31 July 2023 1 August 2022 false 1 August 2023 31 July 2024 31 July 2024 07311393 Mr John Butterfield Mr Roderick Butterfield iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07311393 2023-07-31 07311393 2024-07-31 07311393 2023-08-01 2024-07-31 07311393 frs-core:CurrentFinancialInstruments 2024-07-31 07311393 frs-core:Non-currentFinancialInstruments 2024-07-31 07311393 frs-core:ComputerEquipment 2024-07-31 07311393 frs-core:ComputerEquipment 2023-08-01 2024-07-31 07311393 frs-core:ComputerEquipment 2023-07-31 07311393 frs-core:PlantMachinery 2024-07-31 07311393 frs-core:PlantMachinery 2023-08-01 2024-07-31 07311393 frs-core:PlantMachinery 2023-07-31 07311393 frs-core:ShareCapital 2024-07-31 07311393 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 07311393 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 07311393 frs-bus:FilletedAccounts 2023-08-01 2024-07-31 07311393 frs-bus:SmallEntities 2023-08-01 2024-07-31 07311393 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 07311393 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 07311393 frs-bus:Director1 2023-08-01 2024-07-31 07311393 frs-bus:Director2 2023-08-01 2024-07-31 07311393 frs-countries:EnglandWales 2023-08-01 2024-07-31 07311393 2022-07-31 07311393 2023-07-31 07311393 2022-08-01 2023-07-31 07311393 frs-core:CurrentFinancialInstruments 2023-07-31 07311393 frs-core:Non-currentFinancialInstruments 2023-07-31 07311393 frs-core:ShareCapital 2023-07-31 07311393 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31
Registered number: 07311393
Funslinger Ltd
Unaudited Financial Statements
For The Year Ended 31 July 2024
Lewis's
Windsor House
44 High Road, Balby
Doncaster
South Yorkshire
DN4 0PL
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 07311393
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 138 248
138 248
CURRENT ASSETS
Stocks 5 18,907 22,984
Debtors 6 24,697 22,634
Cash at bank and in hand 6,497 6,377
50,101 51,995
Creditors: Amounts Falling Due Within One Year 7 (61,263 ) (77,236 )
NET CURRENT ASSETS (LIABILITIES) (11,162 ) (25,241 )
TOTAL ASSETS LESS CURRENT LIABILITIES (11,024 ) (24,993 )
Creditors: Amounts Falling Due After More Than One Year 8 (31,668 ) (35,343 )
NET LIABILITIES (42,692 ) (60,336 )
CAPITAL AND RESERVES
Called up share capital 9 6 6
Profit and Loss Account (42,698 ) (60,342 )
SHAREHOLDERS' FUNDS (42,692) (60,336)
Page 1
Page 2
For the year ending 31 July 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
Mr Roderick Butterfield
Director
14/08/2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Funslinger Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 07311393 . The registered office is 1 School Lane, Cantley, Doncaster, DN3 3QG.
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 sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
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. 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 10% On cost
Computer Equipment 10% On cost
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 1 August 2023 12,258 377 12,635
As at 31 July 2024 12,258 377 12,635
Depreciation
As at 1 August 2023 12,040 347 12,387
Provided during the period 80 30 110
As at 31 July 2024 12,120 377 12,497
...CONTINUED
Page 3
Page 4
Net Book Value
As at 31 July 2024 138 - 138
As at 1 August 2023 218 30 248
5. Stocks
2024 2023
£ £
Stock 18,907 22,984
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 680 2,838
Other debtors 19,796 19,796
Directors' loan accounts 4,221 -
24,697 22,634
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Bank Loan 10,125 10,125
VAT 1,912 1,762
Other creditors 7,000 6,000
Accruals and deferred income 1,910 1,775
Directors' loan accounts 40,316 57,574
61,263 77,236
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 10,125 10,125
Other loans 21,543 25,218
31,668 35,343
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 6 6
Page 4