Acorah Software Products - Accounts Production 16.4.675 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 04575428 Mr D Broome Mrs J Broome Mr D Broome iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04575428 2023-12-31 04575428 2024-12-31 04575428 2024-01-01 2024-12-31 04575428 frs-core:CurrentFinancialInstruments 2024-12-31 04575428 frs-core:ComputerEquipment 2024-12-31 04575428 frs-core:ComputerEquipment 2024-01-01 2024-12-31 04575428 frs-core:ComputerEquipment 2023-12-31 04575428 frs-core:FurnitureFittings 2024-12-31 04575428 frs-core:FurnitureFittings 2024-01-01 2024-12-31 04575428 frs-core:FurnitureFittings 2023-12-31 04575428 frs-core:NetGoodwill 2024-12-31 04575428 frs-core:NetGoodwill 2024-01-01 2024-12-31 04575428 frs-core:NetGoodwill 2023-12-31 04575428 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-12-31 04575428 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 04575428 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-12-31 04575428 frs-core:ShareCapital 2024-12-31 04575428 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 04575428 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 04575428 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 04575428 frs-bus:SmallEntities 2024-01-01 2024-12-31 04575428 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 04575428 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 04575428 frs-bus:Director1 2024-01-01 2024-12-31 04575428 frs-bus:Director2 2024-01-01 2024-12-31 04575428 frs-bus:CompanySecretary1 2024-01-01 2024-12-31 04575428 frs-countries:EnglandWales 2024-01-01 2024-12-31 04575428 2022-12-31 04575428 2023-12-31 04575428 2023-01-01 2023-12-31 04575428 frs-core:CurrentFinancialInstruments 2023-12-31 04575428 frs-core:ShareCapital 2023-12-31 04575428 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 04575428
Stancliffe Pharmacy Limited
Financial Statements
For The Year Ended 31 December 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 04575428
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 63,647 67,230
63,647 67,230
CURRENT ASSETS
Stocks 6 29,903 32,360
Debtors 7 78,596 79,458
Cash at bank and in hand 232,628 197,392
341,127 309,210
Creditors: Amounts Falling Due Within One Year 8 (327,838 ) (281,703 )
NET CURRENT ASSETS (LIABILITIES) 13,289 27,507
TOTAL ASSETS LESS CURRENT LIABILITIES 76,936 94,737
PROVISIONS FOR LIABILITIES
Deferred Taxation (225 ) (592 )
NET ASSETS 76,711 94,145
CAPITAL AND RESERVES
Called up share capital 9 1,000 1,000
Profit and Loss Account 75,711 93,145
SHAREHOLDERS' FUNDS 76,711 94,145
Page 1
Page 2
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
Mr D Broome
Director
28 August 2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Stancliffe Pharmacy Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04575428 . The registered office is 4 The Parade, Breary Lane Bramhope, Leeds, West Yorkshire, LS16 9AF.
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. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the profit and loss account over its estimated economic life of 20 years.
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:
Freehold 2% straight line
Fixtures & Fittings 15% straight line
Computer Equipment 33 1/3% straight line
2.5. 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.
2.6. 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: 9 (2023: 8)
9 8
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4. Intangible Assets
Goodwill
£
Cost
As at 1 January 2024 200,000
As at 31 December 2024 200,000
Amortisation
As at 1 January 2024 200,000
As at 31 December 2024 200,000
Net Book Value
As at 31 December 2024 -
As at 1 January 2024 -
5. Tangible Assets
Land & Property
Freehold Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 January 2024 82,381 29,767 10,781 122,929
Additions - 446 - 446
As at 31 December 2024 82,381 30,213 10,781 123,375
Depreciation
As at 1 January 2024 18,270 29,067 8,362 55,699
Provided during the period 1,648 217 2,164 4,029
As at 31 December 2024 19,918 29,284 10,526 59,728
Net Book Value
As at 31 December 2024 62,463 929 255 63,647
As at 1 January 2024 64,111 700 2,419 67,230
6. Stocks
2024 2023
£ £
Stock 29,903 32,360
7. Debtors
2024 2023
£ £
Due within one year
Trade debtors 53,337 52,191
Prepayments and accrued income 1,294 2,107
VAT 23,965 25,160
78,596 79,458
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Page 5
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 80,951 65,978
Corporation tax 24,004 18,633
Other taxes and social security 1,048 381
Other creditors 394 335
Accruals and deferred income 4,213 4,063
Directors' loan accounts 217,228 192,313
327,838 281,703
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1,000 1,000
Page 5