Acorah Software Products - Accounts Production 16.5.460 false true true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 08372009 Mr Charles Campbell Mr Paul Carvell Mr David Guyatt Mrs Jaymie Girdlestone-Tingey iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08372009 2023-12-31 08372009 2024-12-31 08372009 2024-01-01 2024-12-31 08372009 frs-core:CurrentFinancialInstruments 2024-12-31 08372009 frs-core:Non-currentFinancialInstruments 2024-12-31 08372009 frs-core:BetweenOneFiveYears 2024-12-31 08372009 frs-core:ComputerEquipment 2024-12-31 08372009 frs-core:ComputerEquipment 2024-01-01 2024-12-31 08372009 frs-core:ComputerEquipment 2023-12-31 08372009 frs-core:FurnitureFittings 2024-12-31 08372009 frs-core:FurnitureFittings 2024-01-01 2024-12-31 08372009 frs-core:FurnitureFittings 2023-12-31 08372009 frs-core:MotorVehicles 2024-12-31 08372009 frs-core:MotorVehicles 2024-01-01 2024-12-31 08372009 frs-core:MotorVehicles 2023-12-31 08372009 frs-core:PlantMachinery 2024-12-31 08372009 frs-core:PlantMachinery 2024-01-01 2024-12-31 08372009 frs-core:PlantMachinery 2023-12-31 08372009 frs-core:WithinOneYear 2024-12-31 08372009 frs-core:SharePremium 2024-12-31 08372009 frs-core:ShareCapital 2024-12-31 08372009 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 08372009 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 08372009 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 08372009 frs-bus:SmallEntities 2024-01-01 2024-12-31 08372009 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 08372009 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 08372009 frs-core:CostValuation 2023-12-31 08372009 frs-core:AdditionsToInvestments 2024-12-31 08372009 frs-core:CostValuation 2024-12-31 08372009 frs-core:ProvisionsForImpairmentInvestments 2023-12-31 08372009 frs-core:ProvisionsForImpairmentInvestments 2024-12-31 08372009 frs-bus:Director1 2024-01-01 2024-12-31 08372009 frs-bus:Director1 2023-12-31 08372009 frs-bus:Director1 2024-12-31 08372009 frs-bus:Director2 2024-01-01 2024-12-31 08372009 frs-bus:Director3 2024-01-01 2024-12-31 08372009 frs-bus:Director4 2024-01-01 2024-12-31 08372009 frs-bus:Director4 2023-12-31 08372009 frs-bus:Director4 2024-12-31 08372009 frs-countries:EnglandWales 2024-01-01 2024-12-31 08372009 2022-12-31 08372009 2023-12-31 08372009 2023-01-01 2023-12-31 08372009 frs-core:CurrentFinancialInstruments 2023-12-31 08372009 frs-core:Non-currentFinancialInstruments 2023-12-31 08372009 frs-core:BetweenOneFiveYears 2023-12-31 08372009 frs-core:WithinOneYear 2023-12-31 08372009 frs-core:SharePremium 2023-12-31 08372009 frs-core:ShareCapital 2023-12-31 08372009 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 08372009
Unique Norfolk Venues Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2024
SFB Group Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 08372009
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 112,278 129,275
Investments 5 548 -
112,826 129,275
CURRENT ASSETS
Stocks 6 7,600 16,722
Debtors 7 552,809 424,101
Cash at bank and in hand 17,433 120,018
577,842 560,841
Creditors: Amounts Falling Due Within One Year 8 (860,861 ) (350,365 )
NET CURRENT ASSETS (LIABILITIES) (283,019 ) 210,476
TOTAL ASSETS LESS CURRENT LIABILITIES (170,193 ) 339,751
Creditors: Amounts Falling Due After More Than One Year 9 (32,606 ) (81,874 )
NET (LIABILITIES)/ASSETS (202,799 ) 257,877
CAPITAL AND RESERVES
Called up share capital 11 200 200
Share premium account 49,930 49,930
Profit and Loss Account (252,929 ) 207,747
SHAREHOLDERS' FUNDS (202,799) 257,877
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
Mr Charles Campbell
Director
29 September 2025
The notes on pages 3 to 6 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
Unique Norfolk Venues Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08372009 . The registered office is Manor Court Chambers, Townsend Drive, Nuneaton, Warwickshire, CV11 6RU.
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. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. 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.
2.4. 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% reducing balance
Motor Vehicles 20% reducing balance
Fixtures & Fittings 20% reducing balance
Computer Equipment 25% reducing balance
2.5. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.
2.6. 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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2.7. 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 or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also 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: 119 (2023: 97)
119 97
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 January 2024 13,333 27,742 150,373 38,028 229,476
Additions - 11,500 2,007 - 13,507
Disposals - - (686 ) - (686 )
As at 31 December 2024 13,333 39,242 151,694 38,028 242,297
Depreciation
As at 1 January 2024 8,196 16,895 50,140 24,970 100,201
Provided during the period 771 5,587 20,335 3,262 29,955
Disposals - - (137 ) - (137 )
As at 31 December 2024 8,967 22,482 70,338 28,232 130,019
Net Book Value
As at 31 December 2024 4,366 16,760 81,356 9,796 112,278
As at 1 January 2024 5,137 10,847 100,233 13,058 129,275
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5. Investments
Subsidiaries Associates Total
£ £ £
Cost
As at 1 January 2024 - - -
Additions 401 147 548
As at 31 December 2024 401 147 548
Provision
As at 1 January 2024 - - -
As at 31 December 2024 - - -
Net Book Value
As at 31 December 2024 401 147 548
As at 1 January 2024 - - -
6. Stocks
2024 2023
£ £
Stock 7,600 16,722
7. Debtors
2024 2023
£ £
Due within one year
Trade debtors 39,533 180,312
Other debtors 513,276 243,789
552,809 424,101
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 3,570 3,427
Trade creditors 54,810 86,171
Bank loans and overdrafts 63,014 49,275
Other creditors 677,593 116,985
Taxation and social security 61,874 94,507
860,861 350,365
9. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 8,056 8,198
Bank loans 24,550 73,676
32,606 81,874
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10. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 3,570 3,427
Later than one year and not later than five years 8,056 8,198
11,626 11,625
11,626 11,625
11. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 200 200
12. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 January 2024 Amounts advanced Amounts repaid Amounts written off As at 31 December 2024
£ £ £ £ £
Mr Charles Campbell 14,734 - (260 ) - 14,474
Mrs Jaymie Girdlestone-Tingey 27,099 - (260 ) - 26,839
The above loan is unsecured, interest free and repayable on demand.
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