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 11148763 Mrs Holly McMullen iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11148763 2024-03-31 11148763 2025-03-31 11148763 2024-04-01 2025-03-31 11148763 frs-core:CurrentFinancialInstruments 2025-03-31 11148763 frs-core:Non-currentFinancialInstruments 2025-03-31 11148763 frs-core:ComputerEquipment 2025-03-31 11148763 frs-core:ComputerEquipment 2024-04-01 2025-03-31 11148763 frs-core:ComputerEquipment 2024-03-31 11148763 frs-core:FurnitureFittings 2025-03-31 11148763 frs-core:FurnitureFittings 2024-04-01 2025-03-31 11148763 frs-core:FurnitureFittings 2024-03-31 11148763 frs-core:PlantMachinery 2025-03-31 11148763 frs-core:PlantMachinery 2024-04-01 2025-03-31 11148763 frs-core:PlantMachinery 2024-03-31 11148763 frs-core:OtherReservesSubtotal 2025-03-31 11148763 frs-core:ShareCapital 2025-03-31 11148763 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 11148763 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 11148763 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 11148763 frs-bus:SmallEntities 2024-04-01 2025-03-31 11148763 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 11148763 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 11148763 frs-bus:Director1 2024-04-01 2025-03-31 11148763 frs-countries:EnglandWales 2024-04-01 2025-03-31 11148763 2023-03-31 11148763 2024-03-31 11148763 2023-04-01 2024-03-31 11148763 frs-core:CurrentFinancialInstruments 2024-03-31 11148763 frs-core:Non-currentFinancialInstruments 2024-03-31 11148763 frs-core:OtherReservesSubtotal 2024-03-31 11148763 frs-core:ShareCapital 2024-03-31 11148763 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 11148763
The Basket Room Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Digital Accounting Enterprises Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 11148763
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 14,401 10,840
14,401 10,840
CURRENT ASSETS
Stocks 5 41,834 59,809
Debtors 6 21,861 34,992
63,695 94,801
Creditors: Amounts Falling Due Within One Year 7 (84,849 ) (35,879 )
NET CURRENT ASSETS (LIABILITIES) (21,154 ) 58,922
TOTAL ASSETS LESS CURRENT LIABILITIES (6,753 ) 69,762
Creditors: Amounts Falling Due After More Than One Year 8 (73,865 ) (65,008 )
NET (LIABILITIES)/ASSETS (80,618 ) 4,754
CAPITAL AND RESERVES
Called up share capital 9 1 1
Other reserves (49,999 ) (49,999 )
Profit and Loss Account (30,620 ) 54,752
SHAREHOLDERS' FUNDS (80,618) 4,754
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 member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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
Mrs Holly McMullen
Director
08/12/2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
The Basket Room Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11148763 . The registered office is 9 Worcester Road Industrial Estate, Chipping Norton, Oxfordshire, OX7 5XW.
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 25% Straightline
Fixtures & Fittings 25%straightline
Computer Equipment 25% Straightline
2.4. 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.
2.5. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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 April 2024 - 8,339 10,502 18,841
Additions 1,042 838 4,970 6,850
As at 31 March 2025 1,042 9,177 15,472 25,691
...CONTINUED
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Page 4
Depreciation
As at 1 April 2024 - 5,375 2,626 8,001
Provided during the period 261 210 2,818 3,289
As at 31 March 2025 261 5,585 5,444 11,290
Net Book Value
As at 31 March 2025 781 3,592 10,028 14,401
As at 1 April 2024 - 2,964 7,876 10,840
5. Stocks
2025 2024
£ £
Stock 41,834 59,809
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 20,339 34,992
Other debtors 1,522 -
21,861 34,992
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 15,952 5,665
Bank loans and overdrafts 18,351 9,921
Other creditors 38,061 13,427
Taxation and social security 12,485 6,866
84,849 35,879
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 73,865 65,008
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1 1
10. Directors Advances, Credits and Guarantees
Included within Creditors are the following loans From Directors:
At the balance sheet date, the company owed £5,076 unsecured, interest free and repayable on demand.
Page 4