Acorah Software Products - Accounts Production 16.5.460 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 4614700 Mr Neil Thompson Mrs Joanna Thompson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 4614700 2023-12-31 4614700 2024-12-31 4614700 2024-01-01 2024-12-31 4614700 frs-core:CurrentFinancialInstruments 2024-12-31 4614700 frs-core:Non-currentFinancialInstruments 2024-12-31 4614700 frs-core:NetGoodwill 2024-12-31 4614700 frs-core:NetGoodwill 2024-01-01 2024-12-31 4614700 frs-core:NetGoodwill 2023-12-31 4614700 frs-core:PlantMachinery 2024-12-31 4614700 frs-core:PlantMachinery 2024-01-01 2024-12-31 4614700 frs-core:PlantMachinery 2023-12-31 4614700 frs-core:ShareCapital 2024-12-31 4614700 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 4614700 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 4614700 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 4614700 frs-bus:SmallEntities 2024-01-01 2024-12-31 4614700 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 4614700 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 4614700 frs-bus:Director1 2024-01-01 2024-12-31 4614700 frs-bus:Director2 2024-01-01 2024-12-31 4614700 frs-countries:EnglandWales 2024-01-01 2024-12-31 4614700 2022-12-31 4614700 2023-12-31 4614700 2023-01-01 2023-12-31 4614700 frs-core:CurrentFinancialInstruments 2023-12-31 4614700 frs-core:Non-currentFinancialInstruments 2023-12-31 4614700 frs-core:ShareCapital 2023-12-31 4614700 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 4614700
Border Sports Services Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2024
T & T Associates
Fernlea Cottage Graham Street
Longtown
Carlisle
Cumbria
CA6 5NR
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 4614700
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 50,000 50,000
Tangible Assets 5 1,482 779
51,482 50,779
CURRENT ASSETS
Stocks 6 50,133 65,240
Debtors 7 122,064 109,760
Cash at bank and in hand 396,613 305,189
568,810 480,189
Creditors: Amounts Falling Due Within One Year 8 (340,369 ) (292,156 )
NET CURRENT ASSETS (LIABILITIES) 228,441 188,033
TOTAL ASSETS LESS CURRENT LIABILITIES 279,923 238,812
Creditors: Amounts Falling Due After More Than One Year 9 (40,204 ) (52,204 )
NET ASSETS 239,719 186,608
CAPITAL AND RESERVES
Called up share capital 10 100 100
Profit and Loss Account 239,619 186,508
SHAREHOLDERS' FUNDS 239,719 186,608
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
Mrs Joanna Thompson
Director
17/09/2025
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
Border Sports Services Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 4614700 . The registered office is 41 Greenacres, Wetheral, Carlisle, CA4 8LD.
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 .... 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:
Plant & Machinery 15%
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. 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.
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.
...CONTINUED
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2.6. Taxation - continued
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.
3. Average Number of Employees
2Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Intangible Assets
Goodwill
£
Cost
As at 1 January 2024 50,000
As at 31 December 2024 50,000
Net Book Value
As at 31 December 2024 50,000
As at 1 January 2024 50,000
5. Tangible Assets
Plant & Machinery
£
Cost
As at 1 January 2024 7,493
Additions 965
As at 31 December 2024 8,458
Depreciation
As at 1 January 2024 6,714
Provided during the period 262
As at 31 December 2024 6,976
Net Book Value
As at 31 December 2024 1,482
As at 1 January 2024 779
6. Stocks
2024 2023
£ £
Materials 50,133 65,240
7. Debtors
2024 2023
£ £
Due within one year
Trade debtors 122,064 109,760
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Page 5
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 63,231 87,975
Directors' loan accounts 277,138 204,181
340,369 292,156
9. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Loans (Long term liabilities - creditors > 1 year) 40,204 52,204
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
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