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 05190977 Mrs Emily Hyde Mrs Emily Hyde iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05190977 2023-12-31 05190977 2024-12-31 05190977 2024-01-01 2024-12-31 05190977 frs-core:CurrentFinancialInstruments 2024-12-31 05190977 frs-core:Non-currentFinancialInstruments 2024-12-31 05190977 frs-core:ComputerEquipment 2024-12-31 05190977 frs-core:ComputerEquipment 2024-01-01 2024-12-31 05190977 frs-core:ComputerEquipment 2023-12-31 05190977 frs-core:FurnitureFittings 2024-12-31 05190977 frs-core:FurnitureFittings 2024-01-01 2024-12-31 05190977 frs-core:FurnitureFittings 2023-12-31 05190977 frs-core:NetGoodwill 2024-12-31 05190977 frs-core:NetGoodwill 2024-01-01 2024-12-31 05190977 frs-core:NetGoodwill 2023-12-31 05190977 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-12-31 05190977 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-01-01 2024-12-31 05190977 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-12-31 05190977 frs-core:MotorVehicles 2024-12-31 05190977 frs-core:MotorVehicles 2024-01-01 2024-12-31 05190977 frs-core:MotorVehicles 2023-12-31 05190977 frs-core:PlantMachinery 2024-12-31 05190977 frs-core:PlantMachinery 2024-01-01 2024-12-31 05190977 frs-core:PlantMachinery 2023-12-31 05190977 frs-core:SharePremium 2024-12-31 05190977 frs-core:ShareCapital 2024-12-31 05190977 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 05190977 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 05190977 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 05190977 frs-bus:SmallEntities 2024-01-01 2024-12-31 05190977 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 05190977 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 05190977 frs-bus:Director1 2024-01-01 2024-12-31 05190977 frs-bus:CompanySecretary1 2024-01-01 2024-12-31 05190977 frs-countries:EnglandWales 2024-01-01 2024-12-31 05190977 2022-12-31 05190977 2023-12-31 05190977 2023-01-01 2023-12-31 05190977 frs-core:CurrentFinancialInstruments 2023-12-31 05190977 frs-core:Non-currentFinancialInstruments 2023-12-31 05190977 frs-core:SharePremium 2023-12-31 05190977 frs-core:ShareCapital 2023-12-31 05190977 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 05190977
Sanctuary Bathrooms Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
TaxAssist Accountants
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 05190977
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 26,938 15,166
26,938 15,166
CURRENT ASSETS
Stocks 6 8,352 8,352
Debtors 7 236,474 240,627
Cash at bank and in hand 30,039 58,962
274,865 307,941
Creditors: Amounts Falling Due Within One Year 8 (25,562 ) (25,396 )
NET CURRENT ASSETS (LIABILITIES) 249,303 282,545
TOTAL ASSETS LESS CURRENT LIABILITIES 276,241 297,711
Creditors: Amounts Falling Due After More Than One Year 9 (37,600 ) (35,155 )
NET ASSETS 238,641 262,556
CAPITAL AND RESERVES
Called up share capital 10 60 60
Share premium account 172,550 172,550
Profit and Loss Account 66,031 89,946
SHAREHOLDERS' FUNDS 238,641 262,556
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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 her 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 Emily Hyde
Director
19th September 2025
The notes on pages 3 to 6 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Sanctuary Bathrooms Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05190977 . The registered office is 128 High Street, Shepperton, Middlesex, TW17 9BG.
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:
Leasehold Nil
Plant & Machinery 25% Reducing balance
Motor Vehicles 25% Reducing balance
Fixtures & Fittings 25% Reducing balance
Computer Equipment 25% Reducing balance
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.
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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.
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
Average number of employees, including directors, during the year was: 4 (2023: 5)
4 5
4. Intangible Assets
Goodwill
£
Cost
As at 1 January 2024 40,000
As at 31 December 2024 40,000
Amortisation
As at 1 January 2024 40,000
As at 31 December 2024 40,000
Net Book Value
As at 31 December 2024 -
As at 1 January 2024 -
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5. Tangible Assets
Land & Property
Leasehold Plant & Machinery Motor Vehicles Fixtures & Fittings
£ £ £ £
Cost
As at 1 January 2024 10,825 - 74,842 73,260
Additions 20,000 750 - -
As at 31 December 2024 30,825 750 74,842 73,260
Depreciation
As at 1 January 2024 10,825 - 67,331 67,438
Provided during the period 5,000 187 1,878 1,455
As at 31 December 2024 15,825 187 69,209 68,893
Net Book Value
As at 31 December 2024 15,000 563 5,633 4,367
As at 1 January 2024 - - 7,511 5,822
Computer Equipment Total
£ £
Cost
As at 1 January 2024 1,833 160,760
Additions - 20,750
As at 31 December 2024 1,833 181,510
Depreciation
As at 1 January 2024 - 145,594
Provided during the period 458 8,978
As at 31 December 2024 458 154,572
Net Book Value
As at 31 December 2024 1,375 26,938
As at 1 January 2024 1,833 15,166
6. Stocks
2024 2023
£ £
Stock 8,352 8,352
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7. Debtors
2024 2023
£ £
Due within one year
Trade debtors 25,285 32,251
Other debtors - Loan @ 2% p.a 200,000 200,000
VAT 11,189 8,376
236,474 240,627
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 1 1
Bank loans and overdrafts 14,813 24,951
Corporation tax 3,835 56
Director's loan account 6,913 388
25,562 25,396
9. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Trade creditors 37,600 35,155
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 60 60
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