Acorah Software Products - Accounts Production 16.3.350 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 11042633 Mr Changrez Khan iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11042633 2023-12-31 11042633 2024-12-31 11042633 2024-01-01 2024-12-31 11042633 frs-core:CurrentFinancialInstruments 2024-12-31 11042633 frs-core:Non-currentFinancialInstruments 2024-12-31 11042633 frs-core:ComputerEquipment 2024-12-31 11042633 frs-core:ComputerEquipment 2024-01-01 2024-12-31 11042633 frs-core:ComputerEquipment 2023-12-31 11042633 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-01-01 2024-12-31 11042633 frs-core:FurnitureFittings 2024-12-31 11042633 frs-core:FurnitureFittings 2024-01-01 2024-12-31 11042633 frs-core:FurnitureFittings 2023-12-31 11042633 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-12-31 11042633 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-01-01 2024-12-31 11042633 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-12-31 11042633 frs-core:OtherResidualIntangibleAssets 2024-12-31 11042633 frs-core:OtherResidualIntangibleAssets 2023-12-31 11042633 frs-core:ShareCapital 2024-12-31 11042633 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 11042633 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 11042633 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 11042633 frs-bus:SmallEntities 2024-01-01 2024-12-31 11042633 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 11042633 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 11042633 frs-bus:Director1 2024-01-01 2024-12-31 11042633 frs-core:CurrentFinancialInstruments 2 2024-12-31 11042633 frs-countries:EnglandWales 2024-01-01 2024-12-31 11042633 2022-12-31 11042633 2023-12-31 11042633 2023-01-01 2023-12-31 11042633 frs-core:CurrentFinancialInstruments 2023-12-31 11042633 frs-core:Non-currentFinancialInstruments 2023-12-31 11042633 frs-core:ShareCapital 2023-12-31 11042633 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 11042633 frs-core:CurrentFinancialInstruments 2 2023-12-31
Registered number: 11042633
SMS Ventures Southend Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2024
SMS Ventures Southend Ltd
Chartered Certified Accountants
Office 22 The Link Business Centre
2nd Floor Tylers House
Southend-On-Sea
Essex
SS1 2BB
Balance Sheet
Registered number: 11042633
2024 2023
Notes £ £ £ £
FIXED ASSETS
CURRENT ASSETS
Debtors 6 30,564 40,409
Cash at bank and in hand 601 7,979
31,165 48,388
Creditors: Amounts Falling Due Within One Year 7 (22,835 ) (25,989 )
NET CURRENT ASSETS (LIABILITIES) 8,330 22,399
TOTAL ASSETS LESS CURRENT LIABILITIES 8,330 22,399
Creditors: Amounts Falling Due After More Than One Year 8 (61,945 ) (98,146 )
NET LIABILITIES (53,615 ) (75,747 )
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account (53,715 ) (75,847 )
SHAREHOLDERS' FUNDS (53,615) (75,747)
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 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 Changrez Khan
Director
15/08/2025
The notes on pages 1 to 2 form part of these financial statements.
Page 1
Notes to the Financial Statements
1. General Information
SMS Ventures Southend Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11042633 . The registered office is 569 London Road, Westcliff-On-Sea, SS0 9PQ.
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 - Other Intangible
Other intangible assets are .... It is amortised to profit and loss account over its estimated economic life of .... 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:
Leasehold 20%
Fixtures & Fittings 20%
Computer Equipment 20%
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Intangible Assets
Other
£
Cost
As at 1 January 2024 27,700
As at 31 December 2024 27,700
Amortisation
As at 1 January 2024 27,700
As at 31 December 2024 27,700
Net Book Value
As at 31 December 2024 -
As at 1 January 2024 -
Page 1
Page 2
5. Tangible Assets
Land & Property
Leasehold Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 January 2024 11,366 10,052 2,733 24,151
As at 31 December 2024 11,366 10,052 2,733 24,151
Depreciation
As at 1 January 2024 11,366 10,052 2,733 24,151
As at 31 December 2024 11,366 10,052 2,733 24,151
Net Book Value
As at 31 December 2024 - - - -
As at 1 January 2024 - - - -
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 19,472 23,867
Other debtors 550 -
Amounts owed by group undertakings 10,542 16,542
30,564 40,409
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 3,000 2,641
Bank loans and overdrafts 9,113 14,441
VAT 8,916 7,363
Other creditors (2) 1,806 1,544
22,835 25,989
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Directors loan account 61,945 98,146
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 2