Acorah Software Products - Accounts Production 16.5.460 false true 29 February 2024 1 March 2023 false 1 March 2024 28 February 2025 28 February 2025 04713167 Timothy Wayne iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04713167 2024-02-29 04713167 2025-02-28 04713167 2024-03-01 2025-02-28 04713167 frs-core:CurrentFinancialInstruments 2025-02-28 04713167 frs-core:Non-currentFinancialInstruments 2025-02-28 04713167 frs-core:ComputerEquipment 2025-02-28 04713167 frs-core:ComputerEquipment 2024-03-01 2025-02-28 04713167 frs-core:ComputerEquipment 2024-02-29 04713167 frs-core:FurnitureFittings 2025-02-28 04713167 frs-core:FurnitureFittings 2024-03-01 2025-02-28 04713167 frs-core:FurnitureFittings 2024-02-29 04713167 frs-core:PlantMachinery 2025-02-28 04713167 frs-core:PlantMachinery 2024-03-01 2025-02-28 04713167 frs-core:PlantMachinery 2024-02-29 04713167 frs-core:ShareCapital 2025-02-28 04713167 frs-core:RetainedEarningsAccumulatedLosses 2025-02-28 04713167 frs-bus:PrivateLimitedCompanyLtd 2024-03-01 2025-02-28 04713167 frs-bus:FilletedAccounts 2024-03-01 2025-02-28 04713167 frs-bus:SmallEntities 2024-03-01 2025-02-28 04713167 frs-bus:AuditExempt-NoAccountantsReport 2024-03-01 2025-02-28 04713167 frs-bus:SmallCompaniesRegimeForAccounts 2024-03-01 2025-02-28 04713167 frs-bus:Director1 2024-03-01 2025-02-28 04713167 frs-bus:Director1 2024-02-29 04713167 frs-bus:Director1 2025-02-28 04713167 frs-countries:EnglandWales 2024-03-01 2025-02-28 04713167 2023-02-28 04713167 2024-02-29 04713167 2023-03-01 2024-02-29 04713167 frs-core:CurrentFinancialInstruments 2024-02-29 04713167 frs-core:Non-currentFinancialInstruments 2024-02-29 04713167 frs-core:ShareCapital 2024-02-29 04713167 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29
Registered number: 04713167
Green 2 K Design Limited
Financial Statements
For The Year Ended 28 February 2025
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—4
Page 1
Statement of Financial Position
Registered number: 04713167
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 3 2,372 3,869
2,372 3,869
CURRENT ASSETS
Debtors 4 52,812 31,514
Cash at bank and in hand 36,591 84,116
89,403 115,630
Creditors: Amounts Falling Due Within One Year 5 (30,671 ) (46,071 )
NET CURRENT ASSETS (LIABILITIES) 58,732 69,559
TOTAL ASSETS LESS CURRENT LIABILITIES 61,104 73,428
Creditors: Amounts Falling Due After More Than One Year 6 (2,607 ) (11,607 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (593 ) (967 )
NET ASSETS 57,904 60,854
CAPITAL AND RESERVES
Called up share capital 7 100 100
Income Statement 57,804 60,754
SHAREHOLDERS' FUNDS 57,904 60,854
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For the year ending 28 February 2025 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 Income Statement.
On behalf of the board
Timothy Wayne
Director
22/09/2025
The notes on pages 3 to 4 form part of these financial statements.
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Notes to the Financial Statements
1. Accounting Policies
1.1. 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.
1.2. 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.
1.3. 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 25% on reducing balance.
Fixtures & Fittings 25% on reducing balance.
Computer Equipment 33% on reducing balance.
1.4. 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 year 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.
2. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 3)
2 3
3. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 March 2024 3,899 9,049 26,050 38,998
Disposals - (6,257 ) (5,884 ) (12,141 )
As at 28 February 2025 3,899 2,792 20,166 26,857
Depreciation
As at 1 March 2024 3,449 8,408 23,272 35,129
Provided during the period 113 152 861 1,126
Disposals - (6,201 ) (5,569 ) (11,770 )
As at 28 February 2025 3,562 2,359 18,564 24,485
Net Book Value
As at 28 February 2025 337 433 1,602 2,372
As at 1 March 2024 450 641 2,778 3,869
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4. Debtors
2025 2024
£ £
Due within one year
Trade debtors 37,229 27,318
Other debtors 15,583 4,196
52,812 31,514
5. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors - 1
Bank loans and overdrafts 9,000 9,000
Other creditors 1,100 6,904
Taxation and social security 20,571 30,166
30,671 46,071
6. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 2,607 11,607
7. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
8. Directors Advances, Credits and Guarantees
Included within Creditors are the following loans from directors:
As at 1 March 2024 Amounts advanced Amounts repaid Amounts written off As at 28 February 2025
£ £ £ £ £
Timothy Wayne 5,874 (97,198 ) 79,603 - (12,721 )
The above loan is unsecured, interest free and repayable on demand.
9. Related Party Transactions
Included in other debtors is an amount of £2,397 (2024 : £2,397) owed by United In Design Limited of which T R Wayne is also a director.
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