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 08999002 Mr R Allen Mr N Henry Mr I Metcalfe Mrs M Ovenden Mr I Metcalfe iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08999002 2024-03-31 08999002 2025-03-31 08999002 2024-04-01 2025-03-31 08999002 frs-core:CurrentFinancialInstruments 2025-03-31 08999002 frs-core:ComputerEquipment 2025-03-31 08999002 frs-core:ComputerEquipment 2024-04-01 2025-03-31 08999002 frs-core:ComputerEquipment 2024-03-31 08999002 frs-core:FurnitureFittings 2025-03-31 08999002 frs-core:FurnitureFittings 2024-04-01 2025-03-31 08999002 frs-core:FurnitureFittings 2024-03-31 08999002 frs-core:MotorVehicles 2025-03-31 08999002 frs-core:MotorVehicles 2024-04-01 2025-03-31 08999002 frs-core:MotorVehicles 2024-03-31 08999002 frs-core:PlantMachinery 2025-03-31 08999002 frs-core:PlantMachinery 2024-04-01 2025-03-31 08999002 frs-core:PlantMachinery 2024-03-31 08999002 frs-core:WithinOneYear 2025-03-31 08999002 frs-core:ShareCapital 2025-03-31 08999002 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 08999002 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 08999002 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 08999002 frs-bus:SmallEntities 2024-04-01 2025-03-31 08999002 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 08999002 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 08999002 frs-bus:Director1 2024-04-01 2025-03-31 08999002 frs-bus:Director2 2024-04-01 2025-03-31 08999002 frs-bus:Director3 2024-04-01 2025-03-31 08999002 frs-bus:Director4 2024-04-01 2025-03-31 08999002 frs-bus:CompanySecretary1 2024-04-01 2025-03-31 08999002 frs-countries:EnglandWales 2024-04-01 2025-03-31 08999002 2023-03-31 08999002 2024-03-31 08999002 2023-04-01 2024-03-31 08999002 frs-core:CurrentFinancialInstruments 2024-03-31 08999002 frs-core:BetweenOneFiveYears 2024-03-31 08999002 frs-core:WithinOneYear 2024-03-31 08999002 frs-core:ShareCapital 2024-03-31 08999002 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 08999002
Serious Graphics Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Beresfords
Chartered Certified Accountants
1-2 Rhodium Point
Spindle Close
Hawkinge, Folkestone
Kent
CT18 7TQ
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 08999002
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 16,526 22,901
16,526 22,901
CURRENT ASSETS
Stocks 5 998 1,018
Debtors 6 70,599 106,824
Cash at bank and in hand 64,655 51,390
136,252 159,232
Creditors: Amounts Falling Due Within One Year 7 (106,650 ) (123,835 )
NET CURRENT ASSETS (LIABILITIES) 29,602 35,397
TOTAL ASSETS LESS CURRENT LIABILITIES 46,128 58,298
PROVISIONS FOR LIABILITIES
Deferred Taxation (4,131 ) (5,725 )
NET ASSETS 41,997 52,573
CAPITAL AND RESERVES
Called up share capital 8 104 104
Profit and Loss Account 41,893 52,469
SHAREHOLDERS' FUNDS 41,997 52,573
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 I Metcalfe
Director
05/12/2025
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
Serious Graphics Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08999002 . The registered office is 4 Montpelier Business Park, Leacon Road, Ashford, Kent, TN23 4FG.
The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.
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 principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated. 
2.3. 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.
2.4. 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:
Plant & Machinery 5 years straight line
Motor Vehicles 5 years straight line
Fixtures & Fittings 5 years straight line
Computer Equipment 3 years straight line
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.
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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.
2.7. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
2.8. Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, abd other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of chnage in value. 
2.9. Debtors and creditors receivable / payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in administration expenses. 
2.10. Share capital
Ordinary shares are classified as equity. Equity instruments are measured at fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis. 
3. Average Number of Employees
Average number of employees, including directors, during the year was: 6 (2024: 7)
6 7
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 April 2024 62,387 7,420 3,895 6,347 80,049
Additions - - 750 2,507 3,257
As at 31 March 2025 62,387 7,420 4,645 8,854 83,306
...CONTINUED
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Page 5
Depreciation
As at 1 April 2024 39,813 7,420 3,895 6,020 57,148
Provided during the period 8,320 - 150 1,162 9,632
As at 31 March 2025 48,133 7,420 4,045 7,182 66,780
Net Book Value
As at 31 March 2025 14,254 - 600 1,672 16,526
As at 1 April 2024 22,574 - - 327 22,901
5. Stocks
2025 2024
£ £
Stock 998 1,018
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 64,241 100,724
Other debtors 6,358 6,100
70,599 106,824
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 33,364 40,423
Other creditors 5,080 16,687
Taxation and social security 68,206 66,725
106,650 123,835
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 104 104
9. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2025 2024
£ £
Not later than one year 1,365 5,357
Later than one year and not later than five years - 1,443
1,365 6,800
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