Acorah Software Products - Accounts Production 16.3.350 false true 31 August 2023 1 September 2022 false 1 September 2023 31 August 2024 31 August 2024 12174808 Mr Phillip Tredwell Philip Tredwell true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12174808 2023-08-31 12174808 2024-08-31 12174808 2023-09-01 2024-08-31 12174808 frs-core:CurrentFinancialInstruments 2024-08-31 12174808 frs-core:Non-currentFinancialInstruments 2024-08-31 12174808 frs-core:ComputerEquipment 2024-08-31 12174808 frs-core:ComputerEquipment 2023-09-01 2024-08-31 12174808 frs-core:ComputerEquipment 2023-08-31 12174808 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-08-31 12174808 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-09-01 2024-08-31 12174808 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-08-31 12174808 frs-core:PlantMachinery 2024-08-31 12174808 frs-core:PlantMachinery 2023-09-01 2024-08-31 12174808 frs-core:PlantMachinery 2023-08-31 12174808 frs-core:ShareCapital 2024-08-31 12174808 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 12174808 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 12174808 frs-bus:FilletedAccounts 2023-09-01 2024-08-31 12174808 frs-bus:SmallEntities 2023-09-01 2024-08-31 12174808 frs-bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 12174808 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 12174808 1 2023-09-01 2024-08-31 12174808 frs-bus:Director1 2023-09-01 2024-08-31 12174808 frs-countries:EnglandWales 2023-09-01 2024-08-31 12174808 2022-08-31 12174808 2023-08-31 12174808 2022-09-01 2023-08-31 12174808 frs-core:CurrentFinancialInstruments 2023-08-31 12174808 frs-core:Non-currentFinancialInstruments 2023-08-31 12174808 frs-core:ShareCapital 2023-08-31 12174808 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31
Registered number: 12174808
Esplanade Ventures Limited
Unaudited Financial Statements
For The Year Ended 31 August 2024
Courtview Accounting Ltd
483 Green Lanes
London
N13 4BS
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 12174808
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 34,203 795
34,203 795
CURRENT ASSETS
Stocks 5 9,295 2,791
Debtors 6 1 1
Cash at bank and in hand 217 1,221
9,513 4,013
Creditors: Amounts Falling Due Within One Year 7 (119,944 ) (49,443 )
NET CURRENT ASSETS (LIABILITIES) (110,431 ) (45,430 )
TOTAL ASSETS LESS CURRENT LIABILITIES (76,228 ) (44,635 )
Creditors: Amounts Falling Due After More Than One Year 8 (32,697 ) (32,740 )
NET LIABILITIES (108,925 ) (77,375 )
CAPITAL AND RESERVES
Called up share capital 9 1 1
Profit and Loss Account (108,926 ) (77,376 )
SHAREHOLDERS' FUNDS (108,925) (77,375)
Page 1
Page 2
For the year ending 31 August 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 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 Phillip Tredwell
Director
30/08/2025
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
Esplanade Ventures Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12174808 . The registered office is Millbay, Esplanade, Ventnor, PO38 1JR.
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:
Leasehold 25% on reducing balance
Plant & Machinery 25% on reducing balance
Computer Equipment 25% on reducing balance
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: 7 (2023: 5)
7 5
4. Tangible Assets
Land & Property
Leasehold Plant & Machinery Computer Equipment Total
£ £ £ £
Cost
As at 1 September 2023 - 1,200 454 1,654
Additions 9,849 31,400 52 41,301
As at 31 August 2024 9,849 32,600 506 42,955
...CONTINUED
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Depreciation
As at 1 September 2023 - 694 165 859
Provided during the period 1,847 5,982 64 7,893
As at 31 August 2024 1,847 6,676 229 8,752
Net Book Value
As at 31 August 2024 8,002 25,924 277 34,203
As at 1 September 2023 - 506 289 795
5. Stocks
2024 2023
£ £
Finished goods 9,295 2,791
6. Debtors
2024 2023
£ £
Due within one year
Called up share capital not paid 1 1
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 38,151 22,075
Other loans 13,700 -
Corporation tax 865 865
Other taxes and social security 6,240 4,302
VAT 1,798 5,541
Accruals and deferred income 2,250 1,800
Director's loan account 56,940 14,860
119,944 49,443
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bounce Back Loan 32,697 32,740
9. Share Capital
2024 2023
£ £
Called Up Share Capital not Paid 1 1
Amount of Allotted, Called Up Share Capital 1 1
10. Ultimate Controlling Party
The company's ultimate controlling party is Philip Tredwell by virtue of his ownership of 100% of the issued share capital in the company.
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