Acorah Software Products - Accounts Production 16.5.460 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 10496837 Mr Thomas Knowles-Jackson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10496837 2024-03-31 10496837 2025-03-31 10496837 2024-04-01 2025-03-31 10496837 frs-core:CurrentFinancialInstruments 2025-03-31 10496837 frs-core:ComputerEquipment 2025-03-31 10496837 frs-core:ComputerEquipment 2024-04-01 2025-03-31 10496837 frs-core:ComputerEquipment 2024-03-31 10496837 frs-core:FurnitureFittings 2025-03-31 10496837 frs-core:FurnitureFittings 2024-04-01 2025-03-31 10496837 frs-core:FurnitureFittings 2024-03-31 10496837 frs-core:MotorVehicles 2025-03-31 10496837 frs-core:MotorVehicles 2024-04-01 2025-03-31 10496837 frs-core:MotorVehicles 2024-03-31 10496837 frs-core:PlantMachinery 2025-03-31 10496837 frs-core:PlantMachinery 2024-04-01 2025-03-31 10496837 frs-core:PlantMachinery 2024-03-31 10496837 frs-core:ShareCapital 2025-03-31 10496837 frs-core:RetainedEarningsAccumulatedLosses 2024-04-01 2025-03-31 10496837 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 10496837 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 10496837 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 10496837 frs-bus:SmallEntities 2024-04-01 2025-03-31 10496837 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 10496837 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 10496837 frs-bus:Director1 2024-04-01 2025-03-31 10496837 frs-countries:EnglandWales 2024-04-01 2025-03-31 10496837 2023-03-31 10496837 2024-03-31 10496837 2023-04-01 2024-03-31 10496837 frs-core:CurrentFinancialInstruments 2024-03-31 10496837 frs-core:ShareCapital 2023-03-31 10496837 frs-core:ShareCapital 2024-03-31 10496837 frs-core:RetainedEarningsAccumulatedLosses 2023-04-01 2024-03-31 10496837 frs-core:RetainedEarningsAccumulatedLosses frs-core:PreviouslyStatedAmount 2023-03-31 10496837 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 10496837 frs-core:CurrentFinancialInstruments 1 2024-03-31
Registered number: 10496837
The Clay Loft Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Contents
Page
Balance Sheet 1—2
Statement of Changes in Equity 3
Notes to the Financial Statements 4—7
Page 1
Balance Sheet
Registered number: 10496837
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 42,915 53,573
42,915 53,573
CURRENT ASSETS
Debtors 5 6,194 8,007
Cash at bank and in hand 101,943 82,226
108,137 90,233
Creditors: Amounts Falling Due Within One Year 6 (113,386 ) (115,992 )
NET CURRENT ASSETS (LIABILITIES) (5,249 ) (25,759 )
TOTAL ASSETS LESS CURRENT LIABILITIES 37,666 27,814
PROVISIONS FOR LIABILITIES
Deferred Taxation 7 (3,728 ) (4,895 )
NET ASSETS 33,938 22,919
CAPITAL AND RESERVES
Called up share capital 8 104 104
Profit and Loss Account 33,834 22,815
SHAREHOLDERS' FUNDS 33,938 22,919
Page 1
Page 2
For the year ending 31 March 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 Thomas Knowles-Jackson
Director
22 August 2025
The notes on pages 4 to 7 form part of these financial statements.
Page 2
Page 3
Statement of Changes in Equity
Share Capital Profit and Loss Account Total
£ £ £
As at 1 April 2023 104 19,617 19,721
Profit for the year and total comprehensive income - 23,198 23,198
Dividends paid - (20,000) (20,000)
As at 31 March 2024 and 1 April 2024 104 22,815 22,919
Profit for the year and total comprehensive income - 23,019 23,019
Dividends paid - (12,000) (12,000)
As at 31 March 2025 104 33,834 33,938
Page 3
Page 4
Notes to the Financial Statements
1. General Information
The Clay Loft Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10496837 . The registered office is Little Kestrels, St Chloe, Amberley, GL5 5AS.
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, from memberships and other services. 
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 memberships and classes is attrubuted to the period to which it relates.
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 20% Reducing balance
Motor Vehicles 33% Straight line
Fixtures & Fittings 20% Reducing balance
Computer Equipment 33% Straight line
2.4. 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 years 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.
...CONTINUED
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2.4. Taxation - continued
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 assets reflect 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 and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
2.5. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 2)
2 2
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 April 2024 99,568 4,900 17,698 2,202 124,368
Additions 2,979 - 172 - 3,151
As at 31 March 2025 102,547 4,900 17,870 2,202 127,519
Depreciation
As at 1 April 2024 56,823 4,900 8,919 153 70,795
Provided during the period 11,343 - 1,790 676 13,809
As at 31 March 2025 68,166 4,900 10,709 829 84,604
Net Book Value
As at 31 March 2025 34,381 - 7,161 1,373 42,915
As at 1 April 2024 42,745 - 8,779 2,049 53,573
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5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 3,589 2,766
Prepayments and accrued income 2,605 3,203
Other debtors - 670
Other taxation - 1,366
Called up share capital not paid - 2
6,194 8,007
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 187 947
Corporation tax 8,982 -
Other taxes and social security 131 -
VAT 8,384 8,722
Other creditors 50,982 85,979
Accruals and deferred income 27,921 17,160
Director's loan account 16,799 3,184
113,386 115,992
7. Deferred Taxation
The provision for deferred tax is made up as follows:
2025 2024
£ £
Other timing differences 3,728 4,895
8. Share Capital
2025 2024
£ £
Called Up Share Capital not Paid - 2
Called Up Share Capital has been paid up 104 102
Amount of Allotted, Called Up Share Capital 104 104
Page 6
Page 7
9. Related Party Transactions
An amount of £16,799 (2024: £3,183) was owing to the director at the balance sheet date.
Amounts of £50,011 (2024: £66,967) were owing to family members related to the director at the balance sheet date, all of whom are shareholders.
Page 7