Acorah Software Products - Accounts Production 16.4.675 false true 30 March 2023 31 March 2022 false 31 March 2023 30 July 2024 30 July 2024 06163551 Mrs Maria Lowe Mr Daniel Lowe iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06163551 2023-03-30 06163551 2024-07-30 06163551 2023-03-31 2024-07-30 06163551 frs-core:CurrentFinancialInstruments 2024-07-30 06163551 frs-core:Non-currentFinancialInstruments 2024-07-30 06163551 frs-core:FurnitureFittings 2024-07-30 06163551 frs-core:FurnitureFittings 2023-03-31 2024-07-30 06163551 frs-core:FurnitureFittings 2023-03-30 06163551 frs-core:NetGoodwill 2024-07-30 06163551 frs-core:NetGoodwill 2023-03-31 2024-07-30 06163551 frs-core:NetGoodwill 2023-03-30 06163551 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-07-30 06163551 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-03-31 2024-07-30 06163551 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-03-30 06163551 frs-core:MoreThanFiveYears 2024-07-30 06163551 frs-core:MotorVehicles 2024-07-30 06163551 frs-core:MotorVehicles 2023-03-31 2024-07-30 06163551 frs-core:MotorVehicles 2023-03-30 06163551 frs-core:WithinOneYear 2024-07-30 06163551 frs-core:ShareCapital 2024-07-30 06163551 frs-core:RetainedEarningsAccumulatedLosses 2024-07-30 06163551 frs-bus:PrivateLimitedCompanyLtd 2023-03-31 2024-07-30 06163551 frs-bus:FilletedAccounts 2023-03-31 2024-07-30 06163551 frs-bus:SmallEntities 2023-03-31 2024-07-30 06163551 frs-bus:AuditExempt-NoAccountantsReport 2023-03-31 2024-07-30 06163551 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-31 2024-07-30 06163551 frs-bus:Director1 2023-03-31 2024-07-30 06163551 frs-bus:Director1 2023-03-30 06163551 frs-bus:Director1 2024-07-30 06163551 frs-bus:Director2 2023-03-31 2024-07-30 06163551 frs-countries:EnglandWales 2023-03-31 2024-07-30 06163551 2022-03-30 06163551 2023-03-30 06163551 2022-03-31 2023-03-30 06163551 frs-core:CurrentFinancialInstruments 2023-03-30 06163551 frs-core:Non-currentFinancialInstruments 2023-03-30 06163551 frs-core:MoreThanFiveYears 2023-03-30 06163551 frs-core:WithinOneYear 2023-03-30 06163551 frs-core:ShareCapital 2023-03-30 06163551 frs-core:RetainedEarningsAccumulatedLosses 2023-03-30
Registered number: 06163551
Sands News (NW) Limited
Unaudited Financial Statements
For the Period 31 March 2023 to 30 July 2024
Sands News (NW) Limited
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—6

Page 1
Sands News (NW) Limited
Balance Sheet
As At 30 July 2024
Balance Sheet
Registered number: 06163551

| 30 July 2024 | 30 March 2023
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Intangible Assets | 4 |  | 8,667 |  | 13,000
Tangible Assets | 5 |  | 145,864 |  | 109,840
|  |  | 154,531 |  | 122,840
CURRENT ASSETS
Stocks | 6 | 27,610 |  | 41,486 |
Debtors | 7 | 109,006 |  | 68,704 |
Cash at bank and in hand |  | 32,952 |  | 68,797 |
|  | 169,568 |  | 178,987 |
Creditors: Amounts Falling Due Within One Year | 8 | (240,623 ) |  | (157,518 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (71,055 ) |  | 21,469
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 83,476 |  | 144,309
Creditors: Amounts Falling Due After More Than One Year | 9 |  | (78,365 ) |  | (186,148 )
NET ASSETS/(LIABILITIES) |  |  | 5,111 |  | (41,839 )
CAPITAL AND RESERVES
Called up share capital | 11 |  | 101 |  | 101
Profit and Loss Account |  |  | 5,010 |  | (41,940 )
SHAREHOLDERS' FUNDS |  |  | 5,111 |  | (41,839)

Page 1
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Sands News (NW) Limited
Balance Sheet (continued)
As At 30 July 2024
For the period ending 30 July 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 Daniel Lowe Director
28/10/2025

The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Sands News (NW) Limited
Notes to the Financial Statements
For the Period 31 March 2023 to 30 July 2024
Notes to the Financial Statements
1. General Information
Sands News (NW) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06163551 . The registered office is 20 Mannin Way, Lancaster, LA1 3SW.
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 profit and loss account over its estimated economic life of 20 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:

Freehold | NA
Motor Vehicles | 25% PA, reducing balance
Fixtures & Fittings | 15% PA, 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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Sands News (NW) Limited
Notes to the Financial Statements (continued)
For the Period 31 March 2023 to 30 July 2024
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
8Average number of employees, including directors, during the year was: 8 (2023: 8)
8 8
4. Intangible Assets

| Goodwill
--- | ---
| £
Cost
As at 31 March 2023 | 65,000
As at 30 July 2024 | 65,000
Amortisation
As at 31 March 2023 | 52,000
Provided during the period | 4,333
As at 30 July 2024 | 56,333
Net Book Value
As at 30 July 2024 | 8,667
As at 31 March 2023 | 13,000

5. Tangible Assets

| Land & Property
--- | ---
| Freehold | Motor Vehicles | Fixtures & Fittings | Total
| £ | £ | £ | £
Cost
As at 31 March 2023 | 2,500 | 70,000 | 120,533 | 193,033
Additions | - | 107,950 | 7,412 | 115,362
Disposals | - | (70,000 ) | - | (70,000 )
As at 30 July 2024 | 2,500 | 107,950 | 127,945 | 238,395

...CONTINUED
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Sands News (NW) Limited
Notes to the Financial Statements (continued)
For the Period 31 March 2023 to 30 July 2024

Depreciation
As at 31 March 2023 | - | 37,079 | 46,114 | 83,193
Provided during the period | - | 31,049 | 15,368 | 46,417
Disposals | - | (37,079 ) | - | (37,079 )
As at 30 July 2024 | - | 31,049 | 61,482 | 92,531
Net Book Value
As at 30 July 2024 | 2,500 | 76,901 | 66,463 | 145,864
As at 31 March 2023 | 2,500 | 32,921 | 74,419 | 109,840

6. Stocks

| 30 July 2024 |  | 30 March 2023
--- | --- | --- | ---
| £ |  | £
Stock | 27,610 |  | 41,486

7. Debtors

| 30 July 2024 |  | 30 March 2023
--- | --- | --- | ---
| £ |  | £
Due within one year
Other debtors | 109,006 |  | 68,704

8. Creditors: Amounts Falling Due Within One Year

| 30 July 2024 |  | 30 March 2023
--- | --- | --- | ---
| £ |  | £
Net obligations under finance lease and hire purchase contracts | 37,191 |  | 16,009
Trade creditors | 35,399 |  | 19,885
Bank loans and overdrafts | 90,597 |  | 60,016
Other creditors | 77,436 |  | 49,502
Taxation and social security | - |  | 12,106
| 240,623 |  | 157,518

9. Creditors: Amounts Falling Due After More Than One Year

| 30 July 2024 |  | 30 March 2023
--- | --- | --- | ---
| £ |  | £
Net obligations under finance lease and hire purchase contracts | 39,911 |  | 28,652
Bank loans | 38,454 |  | 157,496
| 78,365 |  | 186,148

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Sands News (NW) Limited
Notes to the Financial Statements (continued)
For the Period 31 March 2023 to 30 July 2024
10. Obligations Under Finance Leases and Hire Purchase

| 30 July 2024 |  | 30 March 2023
--- | --- | --- | ---
| £ |  | £
The future minimum finance lease payments are as follows:
Not later than one year | 37,191 |  | 16,009
Later than five years | 39,911 |  | 28,652
| 77,102 |  | 44,661
| 77,102 |  | 44,661

11. Share Capital

| 30 July 2024 |  | 30 March 2023
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 101 |  | 101

12. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:

| As at 31 March 2023 | Amounts advanced | Amounts repaid | Amounts written off | As at 30 July 2024
--- | --- | --- | --- | --- | ---
| £ | £ | £ | £ | £
Mr Daniel Lowe | 36,231 | - | - | - | -

The above loan is unsecured, interest free and repayable on demand.
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