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 05740395 Mr John Hill Mr Granville Cogger Mr James Cogger Mr Marshall Hill iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05740395 2024-03-31 05740395 2025-03-31 05740395 2024-04-01 2025-03-31 05740395 frs-core:CurrentFinancialInstruments 2025-03-31 05740395 frs-core:ComputerEquipment 2025-03-31 05740395 frs-core:ComputerEquipment 2024-04-01 2025-03-31 05740395 frs-core:ComputerEquipment 2024-03-31 05740395 frs-core:FurnitureFittings 2025-03-31 05740395 frs-core:FurnitureFittings 2024-04-01 2025-03-31 05740395 frs-core:FurnitureFittings 2024-03-31 05740395 frs-core:NetGoodwill 2025-03-31 05740395 frs-core:NetGoodwill 2024-04-01 2025-03-31 05740395 frs-core:NetGoodwill 2024-03-31 05740395 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-03-31 05740395 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-04-01 2025-03-31 05740395 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-03-31 05740395 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-03-31 05740395 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 05740395 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-03-31 05740395 frs-core:MotorVehicles 2025-03-31 05740395 frs-core:MotorVehicles 2024-04-01 2025-03-31 05740395 frs-core:MotorVehicles 2024-03-31 05740395 frs-core:OtherResidualIntangibleAssets 2025-03-31 05740395 frs-core:OtherResidualIntangibleAssets 2024-03-31 05740395 frs-core:PlantMachinery 2025-03-31 05740395 frs-core:PlantMachinery 2024-04-01 2025-03-31 05740395 frs-core:PlantMachinery 2024-03-31 05740395 frs-core:ShareCapital 2025-03-31 05740395 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 05740395 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 05740395 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 05740395 frs-bus:SmallEntities 2024-04-01 2025-03-31 05740395 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 05740395 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 05740395 frs-bus:Director1 2024-04-01 2025-03-31 05740395 frs-bus:Director2 2024-04-01 2025-03-31 05740395 frs-bus:Director3 2024-04-01 2025-03-31 05740395 frs-bus:Director4 2024-04-01 2025-03-31 05740395 frs-countries:EnglandWales 2024-04-01 2025-03-31 05740395 2023-03-31 05740395 2024-03-31 05740395 2023-04-01 2024-03-31 05740395 frs-core:CurrentFinancialInstruments 2024-03-31 05740395 frs-core:ShareCapital 2024-03-31 05740395 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 05740395
Carousel Amusements Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 05740395
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 1,393,038 1,386,870
1,393,038 1,386,870
CURRENT ASSETS
Stocks 6 11,745 14,565
Debtors 7 69,109 55,984
Cash at bank and in hand 176,602 158,780
257,456 229,329
Creditors: Amounts Falling Due Within One Year 8 (422,843 ) (313,802 )
NET CURRENT ASSETS (LIABILITIES) (165,387 ) (84,473 )
TOTAL ASSETS LESS CURRENT LIABILITIES 1,227,651 1,302,397
PROVISIONS FOR LIABILITIES
Deferred Taxation (208,364 ) (202,282 )
NET ASSETS 1,019,287 1,100,115
CAPITAL AND RESERVES
Called up share capital 9 400 400
Profit and Loss Account 1,018,887 1,099,715
SHAREHOLDERS' FUNDS 1,019,287 1,100,115
Page 1
Page 2
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 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 Marshall Hill
Director
14 October 2025
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Carousel Amusements Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05740395 . The registered office is 24 Picton House, Hussar Court, Waterlooville, Hampshire, PO7 7SQ.
The presentation currency of the financial statements is the Pound Sterling (£).
Accounts are rounded to the nearest pound.
The accounts represent the company as an individual entity.
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. Significant judgements and estimations
The preparation of financial statements requires the use of estimates and assumptions that affect reported amounts of assets and
liabilities at the date of the financial statements, and revenues and expenses during the reporting period. These estimates and
assumptions are based on management's best knowledge of the amount, events or actions. Actual results may differ from those
amounts.
Management do not consider there to be any significant judgements or estimates used in the preparation of these financial statements.
2.3. Turnover
Turnover represents net invoiced sales of goods and services net of value added tax. Revenue is recognised at point of sale in respect of cash takings and accrued income for licence fees received.
2.4. 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 profit and loss account over its estimated economic life of five years.
2.5. 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:
Freehold 2% on cost
Improvements to property 2% on cost
Plant & Machinery 20% on cost
Motor Vehicles 25% on cost
Fixtures & Fittings 20% on cost
Machines and Rides 20% on cost and 5% on reducing balance
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: 52 (2024: 51)
52 51
4. Intangible Assets
Goodwill Other Total
£ £ £
Cost
As at 1 April 2024 9,554 4,924 14,478
As at 31 March 2025 9,554 4,924 14,478
Amortisation
As at 1 April 2024 9,554 4,924 14,478
As at 31 March 2025 9,554 4,924 14,478
Net Book Value
As at 31 March 2025 - - -
As at 1 April 2024 - - -
5. Tangible Assets
Land & Property
Freehold Improvements to property Plant & Machinery Motor Vehicles
£ £ £ £
Cost
As at 1 April 2024 625,000 4,208 7,000 12,590
Additions - - - -
Disposals - - - -
As at 31 March 2025 625,000 4,208 7,000 12,590
...CONTINUED
Page 4
Page 5
Depreciation
As at 1 April 2024 64,000 1,543 4,200 4,528
Provided during the period 4,000 84 1,400 2,687
Disposals - - - -
As at 31 March 2025 68,000 1,627 5,600 7,215
Net Book Value
As at 31 March 2025 557,000 2,581 1,400 5,375
As at 1 April 2024 561,000 2,665 2,800 8,062
Fixtures & Fittings Machines and Rides Total
£ £ £
Cost
As at 1 April 2024 113,517 1,378,865 2,141,180
Additions 9,978 123,345 133,323
Disposals - (27,146 ) (27,146 )
As at 31 March 2025 123,495 1,475,064 2,247,357
Depreciation
As at 1 April 2024 66,225 613,814 754,310
Provided during the period 16,179 98,139 122,489
Disposals - (22,480 ) (22,480 )
As at 31 March 2025 82,404 689,473 854,319
Net Book Value
As at 31 March 2025 41,091 785,591 1,393,038
As at 1 April 2024 47,292 765,051 1,386,870
6. Stocks
2025 2024
£ £
Stock 11,745 14,565
7. Debtors
2025 2024
£ £
Due within one year
Trade debtors 680 3,846
Other debtors 68,429 52,138
69,109 55,984
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Page 6
8. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 84,284 19,980
Bank loans and overdrafts - 33,333
Amounts owed to group undertakings 186,222 141,357
Other creditors 33,112 34,717
Taxation and social security 119,225 84,415
422,843 313,802
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 400 400
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