Acorah Software Products - Accounts Production 16.5.460 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 07180311 Mr GRAFTON YEARWOOD iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07180311 2024-03-31 07180311 2025-03-31 07180311 2024-04-01 2025-03-31 07180311 frs-core:CurrentFinancialInstruments 2025-03-31 07180311 frs-core:ComputerEquipment 2025-03-31 07180311 frs-core:ComputerEquipment 2024-04-01 2025-03-31 07180311 frs-core:ComputerEquipment 2024-03-31 07180311 frs-core:FurnitureFittings 2024-04-01 2025-03-31 07180311 frs-core:NetGoodwill 2025-03-31 07180311 frs-core:NetGoodwill 2024-04-01 2025-03-31 07180311 frs-core:NetGoodwill 2024-03-31 07180311 frs-core:MotorVehicles 2025-03-31 07180311 frs-core:MotorVehicles 2024-04-01 2025-03-31 07180311 frs-core:MotorVehicles 2024-03-31 07180311 frs-core:PlantMachinery 2025-03-31 07180311 frs-core:PlantMachinery 2024-04-01 2025-03-31 07180311 frs-core:PlantMachinery 2024-03-31 07180311 frs-core:ShareCapital 2025-03-31 07180311 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 07180311 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 07180311 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 07180311 frs-bus:SmallEntities 2024-04-01 2025-03-31 07180311 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 07180311 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 07180311 frs-bus:Director1 2024-04-01 2025-03-31 07180311 frs-bus:Director1 2024-03-31 07180311 frs-bus:Director1 2025-03-31 07180311 frs-core:CurrentFinancialInstruments 4 2025-03-31 07180311 frs-countries:EnglandWales 2024-04-01 2025-03-31 07180311 2023-03-31 07180311 2024-03-31 07180311 2023-04-01 2024-03-31 07180311 frs-core:CurrentFinancialInstruments 2024-03-31 07180311 frs-core:ShareCapital 2024-03-31 07180311 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 07180311 frs-core:CurrentFinancialInstruments 4 2024-03-31
Registered number: 07180311
OVERTONES 2 TUNE LIMITED
Unaudited Financial Statements
For The Year Ended 31 March 2025
Business Taxation Accountants Ltd
2-4 Eastern Road
Romford
Essex
RM1 3PJ
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 07180311
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 2,517 1,284
2,517 1,284
CURRENT ASSETS
Debtors 6 - 15
Cash at bank and in hand 22,675 19,531
22,675 19,546
Creditors: Amounts Falling Due Within One Year 7 (2,612 ) (632 )
NET CURRENT ASSETS (LIABILITIES) 20,063 18,914
TOTAL ASSETS LESS CURRENT LIABILITIES 22,580 20,198
NET ASSETS 22,580 20,198
CAPITAL AND RESERVES
Called up share capital 8 1,000 1,000
Profit and Loss Account 21,580 19,198
SHAREHOLDERS' FUNDS 22,580 20,198
For the year ending 31 March 2025 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 his 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 GRAFTON YEARWOOD
Director
10/10/2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
OVERTONES 2 TUNE LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 07180311 . The registered office is 42 CENTRAL AVENUE, WALTHAMCROSS, HERTFORDSHIRE, EN8 7JH.
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 18%
Motor Vehicles 18%
Fixtures & Fittings 18%
Computer Equipment 18%
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: 1)
1 1
4. Intangible Assets
Goodwill
£
Cost
As at 1 April 2024 34,601
As at 31 March 2025 34,601
Amortisation
As at 1 April 2024 34,601
As at 31 March 2025 34,601
Net Book Value
As at 31 March 2025 -
As at 1 April 2024 -
Page 2
Page 3
5. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 April 2024 4,001 16,617 - 20,618
Additions - - 2,198 2,198
As at 31 March 2025 4,001 16,617 2,198 22,816
Depreciation
As at 1 April 2024 3,648 15,686 - 19,334
Provided during the period 64 168 733 965
As at 31 March 2025 3,712 15,854 733 20,299
Net Book Value
As at 31 March 2025 289 763 1,465 2,517
As at 1 April 2024 353 931 - 1,284
6. Debtors
2025 2024
£ £
Due within one year
Director's loan account - 15
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors (1 ) (2 )
VAT 222 641
Other creditors (4) (7 ) (7 )
Director's loan account 2,398 -
2,612 632
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1,000 1,000
9. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 April 2024 Amounts advanced Amounts repaid Amounts written off As at 31 March 2025
£ £ £ £ £
Mr GRAFTON YEARWOOD 15 - - - -
The above loan is unsecured, interest free and repayable on demand.
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