Acorah Software Products - Accounts Production 16.5.460 false true 31 March 2024 1 July 2023 false 1 April 2024 31 March 2025 31 March 2025 06496359 Mr Julian Waller Miss Eleanor Beales-Waller iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06496359 2024-03-31 06496359 2025-03-31 06496359 2024-04-01 2025-03-31 06496359 frs-core:CurrentFinancialInstruments 2025-03-31 06496359 frs-core:Non-currentFinancialInstruments 2025-03-31 06496359 frs-core:PlantMachinery 2025-03-31 06496359 frs-core:PlantMachinery 2024-04-01 2025-03-31 06496359 frs-core:PlantMachinery 2024-03-31 06496359 frs-core:ShareCapital 2025-03-31 06496359 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 06496359 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 06496359 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 06496359 frs-bus:SmallEntities 2024-04-01 2025-03-31 06496359 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 06496359 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 06496359 frs-bus:Director1 2024-04-01 2025-03-31 06496359 frs-bus:Director2 2024-04-01 2025-03-31 06496359 frs-core:CurrentFinancialInstruments 1 2025-03-31 06496359 frs-countries:EnglandWales 2024-04-01 2025-03-31 06496359 2023-06-30 06496359 2024-03-31 06496359 2023-07-01 2024-03-31 06496359 frs-core:CurrentFinancialInstruments 2024-03-31 06496359 frs-core:Non-currentFinancialInstruments 2024-03-31 06496359 frs-core:ShareCapital 2024-03-31 06496359 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 06496359 frs-core:CurrentFinancialInstruments 1 2024-03-31
Registered number: 06496359
Starburst Displays Limited
Financial Statements
For The Year Ended 31 March 2025
Benfleet Accounts Ltd
Accountant & Business Consultant
15 Parkfields
Benfleet
Essex
SS7 3YT
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 06496359
31 March 2025 31 March 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 3 1,738 2,028
1,738 2,028
CURRENT ASSETS
Stocks 4 16,307 24,541
Debtors 5 41,861 40,500
Cash at bank and in hand 2,871 26,684
61,039 91,725
Creditors: Amounts Falling Due Within One Year 6 (3,651 ) (21,249 )
NET CURRENT ASSETS (LIABILITIES) 57,388 70,476
TOTAL ASSETS LESS CURRENT LIABILITIES 59,126 72,504
Creditors: Amounts Falling Due After More Than One Year 7 - (16,853 )
NET ASSETS 59,126 55,651
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 59,026 55,551
SHAREHOLDERS' FUNDS 59,126 55,651
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 Julian Waller
Director
30/10/2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. Accounting Policies
1.1. 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.
1.2. Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
1.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. 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 10% straight line
Galaxis Firing System 18% per annum WDA
1.4. 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.
1.5. 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 year 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 asset reflects 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.
2. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2024: NIL)
- -
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3. Tangible Assets
Plant & Machinery
£
Cost
As at 1 April 2024 39,217
As at 31 March 2025 39,217
Depreciation
As at 1 April 2024 37,189
Provided during the period 290
As at 31 March 2025 37,479
Net Book Value
As at 31 March 2025 1,738
As at 1 April 2024 2,028
4. Stocks
31 March 2025 31 March 2024
£ £
Finished goods 16,307 24,541
5. Debtors
31 March 2025 31 March 2024
£ £
Due within one year
Prepayments and accrued income 41,363 40,500
Due after more than one year
Directors loan account 498 -
41,861 40,500
6. Creditors: Amounts Falling Due Within One Year
31 March 2025 31 March 2024
£ £
Corporation tax 1,001 4,099
Wedding Deposits 1,350 16,450
Christine Beales 500 -
Accruals and deferred income 800 700
3,651 21,249
7. Creditors: Amounts Falling Due After More Than One Year
31 March 2025 31 March 2024
£ £
Directors loan account - 16,853
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8. Share Capital
31 March 2025 31 March 2024
£ £
Allotted, Called up and fully paid 100 100
Page 5