Acorah Software Products - Accounts Production 16.7.461 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 08016869 Ms Melda Sharif Mr Robert MacFarlane Mr Zaid Sharif iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08016869 2024-03-31 08016869 2025-03-31 08016869 2024-04-01 2025-03-31 08016869 frs-core:CurrentFinancialInstruments 2025-03-31 08016869 frs-core:Non-currentFinancialInstruments 2025-03-31 08016869 frs-core:ComputerEquipment 2025-03-31 08016869 frs-core:ComputerEquipment 2024-04-01 2025-03-31 08016869 frs-core:ComputerEquipment 2024-03-31 08016869 frs-core:FurnitureFittings 2025-03-31 08016869 frs-core:FurnitureFittings 2024-04-01 2025-03-31 08016869 frs-core:FurnitureFittings 2024-03-31 08016869 frs-core:NetGoodwill 2025-03-31 08016869 frs-core:NetGoodwill 2024-04-01 2025-03-31 08016869 frs-core:NetGoodwill 2024-03-31 08016869 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2025-03-31 08016869 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-04-01 2025-03-31 08016869 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-03-31 08016869 frs-core:PlantMachinery 2025-03-31 08016869 frs-core:PlantMachinery 2024-04-01 2025-03-31 08016869 frs-core:PlantMachinery 2024-03-31 08016869 frs-core:ShareCapital 2025-03-31 08016869 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 08016869 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 08016869 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 08016869 frs-bus:SmallEntities 2024-04-01 2025-03-31 08016869 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 08016869 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 08016869 frs-bus:Director1 2024-04-01 2025-03-31 08016869 frs-bus:Director2 2024-04-01 2025-03-31 08016869 frs-bus:Director3 2024-04-01 2025-03-31 08016869 frs-countries:EnglandWales 2024-04-01 2025-03-31 08016869 2023-03-31 08016869 2024-03-31 08016869 2023-04-01 2024-03-31 08016869 frs-core:CurrentFinancialInstruments 2024-03-31 08016869 frs-core:Non-currentFinancialInstruments 2024-03-31 08016869 frs-core:ShareCapital 2024-03-31 08016869 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 08016869
Simply Homemade Limited
Unaudited ABRIDGED Financial Statements
For The Year Ended 31 March 2025
Blue Rocket Accounting
8 Twisleton Court Priory Hill
Dartford
Kent
DA1 2EN
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 08016869
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 7,430 23,766
Tangible Assets 5 83,448 104,448
90,878 128,214
CURRENT ASSETS
Stocks 6 5,000 5,000
Debtors 7 265,412 208,506
Cash at bank and in hand 112,228 246,692
382,640 460,198
Creditors: Amounts Falling Due Within One Year 8 (442,738 ) (462,001 )
NET CURRENT ASSETS (LIABILITIES) (60,098 ) (1,803 )
TOTAL ASSETS LESS CURRENT LIABILITIES 30,780 126,411
Creditors: Amounts Falling Due After More Than One Year 9 (2,651 ) (13,091 )
NET ASSETS 28,129 113,320
CAPITAL AND RESERVES
Called up share capital 10 100 100
Profit and Loss Account 28,029 113,220
SHAREHOLDERS' FUNDS 28,129 113,320
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 Zaid Sharif
Director
01/12/2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Simply Homemade Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08016869 . The registered office is 63 Northcote Road, London, England, SW11 1NP.
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.
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 nil 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:
Leasehold 10% on cost
Plant and machinery 20% on reducing balance
Fixtures and fittings 20% on reducing balance
Computer equipment 25% on reducing balance
2.5. 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.
2.6. 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 and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are 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: 34 (2024: 34)
34 34
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Page 4
4. Intangible Assets
Goodwill
£
Cost
As at 1 April 2024 163,359
As at 31 March 2025 163,359
Amortisation
As at 1 April 2024 139,593
Provided during the period 16,336
As at 31 March 2025 155,929
Net Book Value
As at 31 March 2025 7,430
As at 1 April 2024 23,766
5. Tangible Assets
Land & Property
Leasehold Plant and machinery Fixtures and fittings Computer equipment Total
£ £ £ £ £
Cost
As at 1 April 2024 110,445 122,002 114,267 20,389 367,103
Additions - - - 1,372 1,372
As at 31 March 2025 110,445 122,002 114,267 21,761 368,475
Depreciation
As at 1 April 2024 94,682 90,634 68,317 9,022 262,655
Provided during the period 3,995 6,274 9,190 2,913 22,372
As at 31 March 2025 98,677 96,908 77,507 11,935 285,027
Net Book Value
As at 31 March 2025 11,768 25,094 36,760 9,826 83,448
As at 1 April 2024 15,763 31,368 45,950 11,367 104,448
6. Stocks
2025 2024
£ £
Stock 5,000 5,000
7. Debtors
2025 2024
£ £
Due within one year
Trade debtors 577 572
Amounts owed by group undertakings 203,947 206,534
Other debtors 60,888 1,400
265,412 208,506
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Page 5
8. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 47,829 46,740
Bank loans and overdrafts 10,440 10,183
Other creditors 298,779 297,163
Taxation and social security 85,690 107,915
442,738 462,001
9. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 2,651 13,091
10. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
Page 5