Acorah Software Products - Accounts Production 16.5.460 false true 31 December 2023 1 January 2023 true No description of principal activity 1 January 2024 31 December 2024 31 December 2024 12462587 Mr Dario Donoghue Mr Samuel Donoghue Mr Sean Donoghue Ms Melanie Cole iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12462587 2023-12-31 12462587 2024-12-31 12462587 2024-01-01 2024-12-31 12462587 frs-core:CurrentFinancialInstruments 2024-12-31 12462587 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 12462587 frs-bus:FullAccounts 2024-01-01 2024-12-31 12462587 frs-bus:Micro-entities 2024-01-01 2024-12-31 12462587 frs-bus:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 12462587 frs-bus:Director1 2024-01-01 2024-12-31 12462587 frs-bus:Director2 2024-01-01 2024-12-31 12462587 frs-bus:Director3 2024-01-01 2024-12-31 12462587 frs-bus:Director4 2024-01-01 2024-12-31 12462587 2022-12-31 12462587 2023-12-31 12462587 2023-01-01 2023-12-31 12462587 frs-core:CurrentFinancialInstruments 2023-12-31
Registered number: 12462587
Signature Recording Studios Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2024
ANA & Sons Ltd t/a Accounts Navigator
Signature Recording Studios Ltd
Contents
Contents
Page
Company Information 1
Accountant's Report 2
Profit and Loss Account 3
Balance Sheet 4—5
Page 1
Signature Recording Studios Ltd
Company Information
For The Year Ended 31 December 2024
Company Information
Directors Mr Dario Donoghue
Mr Samuel Donoghue
Mr Sean Donoghue
Ms Melanie Cole
Company Number 12462587
Registered Office Unit F2 The Pixel Building
110 Brooker Road
Waltham Abbey
Essex
EN9 1JH
Accountants ANA & Sons Ltd t/a Accounts Navigator
Unit F2 The Pixel Building
110 Brooker Road
Waltham Abbey
Essex
EN9 1JH
Page 1
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Signature Recording Studios Ltd
Accountant's Report
For The Year Ended 31 December 2024
Accountant's Report
In accordance with the engagement letter dated , and in order to assist you to fulfil your duties under the Companies Act 2006, we have compiled the financial statements of the company from the accounting records and information and explanations you have given to us.
This report is made to the directors in accordance with the terms of our engagement. Our work has been undertaken to prepare for approval by the directors the financial statements that we have been engaged to compile, to report to the directors that we have done so, and to state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and the Company's directors for our work or for this report.
You have acknowledged on the balance sheet as at year ended 31 December 2024 your duty to ensure that the company has kept proper accounting records and to prepare financial statements that give a true and fair view under the Companies Act 2006. You consider that the company is exempt from the statutory requirement for an audit for the year.
We have not been instructed to carry out an audit of the financial statements. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
Accounts Naviagtor Associates Limited
02/09/2025
ANA & Sons Ltd t/a Accounts Navigator
Unit F2 The Pixel Building
110 Brooker Road
Waltham Abbey
Essex
EN9 1JH
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Signature Recording Studios Ltd
Profit and Loss Account
For The Year Ended 31 December 2024
Profit and Loss Account
2024 2023
as restated
£ £
TURNOVER 339,177 320,234
Cost of raw materials and consumables (7,858 ) (3,159 )
Staff costs (156,400 ) (104,172 )
Depreciation and other amounts written off assets (68,554 ) (108,634 )
Other charges (73,649 ) (81,005 )
PROFIT BEFORE TAXATION 32,716 23,264
Tax (9,494 ) -
NET PROFIT 23,222 23,264
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Signature Recording Studios Ltd
Balance Sheet
As At 31 December 2024
Balance Sheet
2024 2023
as restated
£ £
Fixed assets 54,700 114,386
Current assets 319,177 228,222
Creditors: Amounts Falling Due Within One Year (350,613 ) (342,566 )
NET CURRENT LIABILITIES (31,436 ) (114,344 )
TOTAL ASSETS LESS CURRENT LIABILITIES 23,264 42
NET ASSETS 23,264 42
CAPITAL AND RESERVES 23,264 42

Notes

1. General Information
Signature Recording Studios Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12462587 . The registered office is Unit F2 The Pixel Building, 110 Brooker Road, Waltham Abbey, Essex, EN9 1JH.
2. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2023: 3)
4 3
3. Prior period adjustment
During the preparation of the financial statements for the year ended 31 December 2024, the directors identified that an amount of £296,500, originally advanced to the company by a director in 2021, had been misclassified within the share premium account. The share issue at that time was made strictly at par value, and no share premium arose. The funds in question represented a loan from the director and should have been presented as a liability due to that director.
This misclassification constituted a prior period error under Section 10 of FRS 102. The error has been corrected by restating the comparative figures.
At 1 January 2023, share premium has been reduced by £296,500 and creditors – amounts owed to directors have been increased by £296,500.
At 31 December 2023, share premium has been reduced by £296,500 and creditors – amounts owed to directors have been increased by £296,500.
The correction has no effect on reported profit or loss for any period. It does, however, reduce the company’s previously reported net assets by £296,500, reflecting the correct presentation of the director’s loan as a liability rather than equity.
Accordingly, comparative figures presented in these financial statements have been marked “as restated.”
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Signature Recording Studios Ltd
Balance Sheet (continued)
As At 31 December 2024
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 in accordance with the micro-entity provisions.
On behalf of the board
Mr Sean Donoghue
Director
02/09/2025
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