Acorah Software Products - Accounts Production 16.7.461 false true 31 May 2024 1 June 2023 false 1 June 2024 31 May 2025 31 May 2025 10207553 Dr Rebecca Middleton Mr Richard Middleton iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10207553 2024-05-31 10207553 2025-05-31 10207553 2024-06-01 2025-05-31 10207553 frs-core:CurrentFinancialInstruments 2025-05-31 10207553 frs-core:ComputerEquipment 2025-05-31 10207553 frs-core:ComputerEquipment 2024-06-01 2025-05-31 10207553 frs-core:ComputerEquipment 2024-05-31 10207553 frs-core:FurnitureFittings 2025-05-31 10207553 frs-core:FurnitureFittings 2024-06-01 2025-05-31 10207553 frs-core:FurnitureFittings 2024-05-31 10207553 frs-core:PlantMachinery 2025-05-31 10207553 frs-core:PlantMachinery 2024-06-01 2025-05-31 10207553 frs-core:PlantMachinery 2024-05-31 10207553 frs-core:ShareCapital 2025-05-31 10207553 frs-core:RetainedEarningsAccumulatedLosses 2025-05-31 10207553 frs-bus:PrivateLimitedCompanyLtd 2024-06-01 2025-05-31 10207553 frs-bus:FilletedAccounts 2024-06-01 2025-05-31 10207553 frs-bus:SmallEntities 2024-06-01 2025-05-31 10207553 frs-bus:AuditExempt-NoAccountantsReport 2024-06-01 2025-05-31 10207553 frs-bus:SmallCompaniesRegimeForAccounts 2024-06-01 2025-05-31 10207553 frs-bus:Director1 2024-06-01 2025-05-31 10207553 frs-bus:Director2 2024-06-01 2025-05-31 10207553 frs-countries:EnglandWales 2024-06-01 2025-05-31 10207553 2023-05-31 10207553 2024-05-31 10207553 2023-06-01 2024-05-31 10207553 frs-core:CurrentFinancialInstruments 2024-05-31 10207553 frs-core:ShareCapital 2024-05-31 10207553 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31
Registered number: 10207553
Three Guineas (Southcott) Ltd
Unaudited Financial Statements
For The Year Ended 31 May 2025
KFS Accountants Limited
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 10207553
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 29,234 49,877
29,234 49,877
CURRENT ASSETS
Debtors 5 67,392 69,195
Cash at bank and in hand 5,221 2,873
72,613 72,068
Creditors: Amounts Falling Due Within One Year 6 (163,340 ) (149,609 )
NET CURRENT ASSETS (LIABILITIES) (90,727 ) (77,541 )
TOTAL ASSETS LESS CURRENT LIABILITIES (61,493 ) (27,664 )
NET LIABILITIES (61,493 ) (27,664 )
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account (61,593 ) (27,764 )
SHAREHOLDERS' FUNDS (61,493) (27,664)
For the year ending 31 May 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
Dr Rebecca Middleton
Director
17th December 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
Three Guineas (Southcott) Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10207553 . The registered office is Southcott Manor, Southcott, Pewsey, Wiltshire, SN9 5JF.
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 10% Straight Line
Fixtures & Fittings 10% Straight Line
Computer Equipment 33% Straight Line
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 2)
2 2
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 June 2024 26,039 180,228 229 206,496
As at 31 May 2025 26,039 180,228 229 206,496
Depreciation
As at 1 June 2024 14,820 141,587 212 156,619
Provided during the period 2,604 18,022 17 20,643
As at 31 May 2025 17,424 159,609 229 177,262
Net Book Value
As at 31 May 2025 8,615 20,619 - 29,234
As at 1 June 2024 11,219 38,641 17 49,877
Page 2
Page 3
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors - 3,299
Prepayments and accrued income 196 -
VAT 2,145 441
Other taxes and social security - 604
Amounts owed by other participating interests 65,051 64,851
67,392 69,195
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 1,211 8,119
Accruals and deferred income - 97
Directors' loan accounts 162,129 141,393
163,340 149,609
7. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
Page 3