Acorah Software Products - Accounts Production 16.5.460 false true 31 December 2023 21 December 2022 false 1 January 2024 31 December 2024 31 December 2024 14553611 Mr Vignesh Rajendran iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14553611 2023-12-31 14553611 2024-12-31 14553611 2024-01-01 2024-12-31 14553611 frs-core:CurrentFinancialInstruments 2024-12-31 14553611 frs-core:FurnitureFittings 2024-12-31 14553611 frs-core:FurnitureFittings 2024-01-01 2024-12-31 14553611 frs-core:FurnitureFittings 2023-12-31 14553611 frs-core:PlantMachinery 2024-12-31 14553611 frs-core:PlantMachinery 2024-01-01 2024-12-31 14553611 frs-core:PlantMachinery 2023-12-31 14553611 frs-core:ShareCapital 2024-12-31 14553611 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 14553611 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 14553611 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 14553611 frs-bus:SmallEntities 2024-01-01 2024-12-31 14553611 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 14553611 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 14553611 frs-bus:Director1 2024-01-01 2024-12-31 14553611 frs-countries:EnglandWales 2024-01-01 2024-12-31 14553611 2022-12-20 14553611 2023-12-31 14553611 2022-12-21 2023-12-31 14553611 frs-core:CurrentFinancialInstruments 2023-12-31 14553611 frs-core:ShareCapital 2023-12-31 14553611 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 14553611
Spencer Beam Ltd
Financial Statements
For The Year Ended 31 December 2024
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 14553611
31 December 2024 31 December 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 47,018 51,176
47,018 51,176
CURRENT ASSETS
Debtors 5 507,040 504,099
Cash at bank and in hand 2,991 1,667
510,031 505,766
Creditors: Amounts Falling Due Within One Year 6 (44,110 ) (47,993 )
NET CURRENT ASSETS (LIABILITIES) 465,921 457,773
TOTAL ASSETS LESS CURRENT LIABILITIES 512,939 508,949
NET ASSETS 512,939 508,949
CAPITAL AND RESERVES
Called up share capital 7 500,000 500,000
Profit and Loss Account 12,939 8,949
SHAREHOLDERS' FUNDS 512,939 508,949
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 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 Vignesh Rajendran
Director
06/11/2025
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
Spencer Beam Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14553611 . The registered office is Office 4 Roebuck House, 2-3 Cromwell Centre, Hainault Business Park, IG6 3UT.
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 15% Straight Line
Fixtures & Fittings 10% Straight Line
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Total
£ £ £
Cost
As at 1 January 2024 29,115 27,660 56,775
Additions 3,500 - 3,500
As at 31 December 2024 32,615 27,660 60,275
Depreciation
As at 1 January 2024 4,367 1,232 5,599
Provided during the period 4,892 2,766 7,658
As at 31 December 2024 9,259 3,998 13,257
Net Book Value
As at 31 December 2024 23,356 23,662 47,018
As at 1 January 2024 24,748 26,428 51,176
Page 2
Page 3
5. Debtors
31 December 2024 31 December 2023
£ £
Due within one year
Other debtors 507,040 504,099
6. Creditors: Amounts Falling Due Within One Year
31 December 2024 31 December 2023
£ £
Trade creditors 31,552 29,234
Other creditors 12,558 18,759
44,110 47,993
7. Share Capital
31 December 2024 31 December 2023
£ £
Allotted, Called up and fully paid 500,000 500,000
Page 3