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 09357246 H Brown iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09357246 2023-12-31 09357246 2024-12-31 09357246 2024-01-01 2024-12-31 09357246 frs-core:CurrentFinancialInstruments 2024-12-31 09357246 frs-core:Non-currentFinancialInstruments 2024-12-31 09357246 frs-core:PlantMachinery 2024-12-31 09357246 frs-core:PlantMachinery 2024-01-01 2024-12-31 09357246 frs-core:PlantMachinery 2023-12-31 09357246 frs-core:ShareCapital 2024-12-31 09357246 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 09357246 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 09357246 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 09357246 frs-bus:SmallEntities 2024-01-01 2024-12-31 09357246 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 09357246 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 09357246 frs-bus:OrdinaryShareClass2 2024-01-01 2024-12-31 09357246 frs-bus:OrdinaryShareClass2 2024-12-31 09357246 frs-bus:OrdinaryShareClass3 2024-01-01 2024-12-31 09357246 frs-bus:OrdinaryShareClass3 2024-12-31 09357246 frs-bus:Director1 2024-01-01 2024-12-31 09357246 frs-countries:EnglandWales 2024-01-01 2024-12-31 09357246 2022-12-31 09357246 2023-12-31 09357246 2023-01-01 2023-12-31 09357246 frs-core:CurrentFinancialInstruments 2023-12-31 09357246 frs-core:Non-currentFinancialInstruments 2023-12-31 09357246 frs-core:ShareCapital 2023-12-31 09357246 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 09357246 frs-bus:OrdinaryShareClass2 2023-01-01 2023-12-31 09357246 frs-bus:OrdinaryShareClass3 2023-01-01 2023-12-31
Registered number: 09357246
Muddy Stilettos Limited
Financial Statements
For The Year Ended 31 December 2024
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—4
Page 1
Statement of Financial Position
Registered number: 09357246
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,317 2,584
1,317 2,584
CURRENT ASSETS
Debtors 5 147,538 154,903
Cash at bank and in hand 138,335 99,083
285,873 253,986
Creditors: Amounts Falling Due Within One Year 6 (208,347 ) (250,652 )
NET CURRENT ASSETS (LIABILITIES) 77,526 3,334
TOTAL ASSETS LESS CURRENT LIABILITIES 78,843 5,918
Creditors: Amounts Falling Due After More Than One Year 7 (25,000 ) (33,080 )
NET ASSETS/(LIABILITIES) 53,843 (27,162 )
CAPITAL AND RESERVES
Called up share capital 8 100 100
Income Statement 53,743 (27,262 )
SHAREHOLDERS' FUNDS 53,843 (27,162)
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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 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 Income Statement.
On behalf of the board
H Brown
Director
18th July 2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Muddy Stilettos Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09357246 . The registered office is The Dairy , Aston Sandford, Aylesbury, Bucks, HP17 8JB.
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. 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% 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.
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: 21 (2023: 28)
21 28
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Page 4
4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 January 2024 9,249
As at 31 December 2024 9,249
Depreciation
As at 1 January 2024 6,665
Provided during the period 1,267
As at 31 December 2024 7,932
Net Book Value
As at 31 December 2024 1,317
As at 1 January 2024 2,584
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 121,963 143,685
Other debtors 25,575 11,218
147,538 154,903
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 42,094 40,084
Bank loans and overdrafts 7,542 7,572
Other creditors 46,860 79,628
Taxation and social security 111,851 123,368
208,347 250,652
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 25,000 33,080
8. Share Capital
2024 2023
Allotted, called up and fully paid £ £
75 Ordinary A shares of £ 1.00 each 75 75
25 Ordinary B shares of £ 1.00 each 25 25
100 100
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