Acorah Software Products - Accounts Production 16.8.200 false true true 31 December 2023 1 July 2022 false 1 January 2024 31 December 2024 31 December 2024 07320913 Mr Ian Barren Mr Jason Guest Mrs Nicola Guest iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07320913 2023-12-31 07320913 2024-12-31 07320913 2024-01-01 2024-12-31 07320913 frs-core:CurrentFinancialInstruments 2024-12-31 07320913 frs-core:Non-currentFinancialInstruments 2024-12-31 07320913 frs-core:MotorVehicles 2024-12-31 07320913 frs-core:MotorVehicles 2024-01-01 2024-12-31 07320913 frs-core:MotorVehicles 2023-12-31 07320913 frs-core:PlantMachinery 2024-12-31 07320913 frs-core:PlantMachinery 2024-01-01 2024-12-31 07320913 frs-core:PlantMachinery 2023-12-31 07320913 frs-core:ShareCapital 2024-12-31 07320913 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 07320913 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 07320913 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 07320913 frs-bus:SmallEntities 2024-01-01 2024-12-31 07320913 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 07320913 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 07320913 frs-core:CostValuation 2023-12-31 07320913 frs-core:CostValuation 2024-12-31 07320913 frs-core:ProvisionsForImpairmentInvestments 2023-12-31 07320913 frs-core:ProvisionsForImpairmentInvestments 2024-12-31 07320913 frs-bus:Director1 2024-01-01 2024-12-31 07320913 frs-bus:Director2 2024-01-01 2024-12-31 07320913 frs-bus:Director3 2024-01-01 2024-12-31 07320913 frs-countries:EnglandWales 2024-01-01 2024-12-31 07320913 2022-06-30 07320913 2023-12-31 07320913 2022-07-01 2023-12-31 07320913 frs-core:CurrentFinancialInstruments 2023-12-31 07320913 frs-core:Non-currentFinancialInstruments 2023-12-31 07320913 frs-core:ShareCapital 2023-12-31 07320913 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 07320913
Squiggle Glass Ltd
Financial Statements
For The Year Ended 31 December 2024
Xeinadin South Essex Limited
Cumberland House
24 - 28 Baxter Avenue
Southend on Sea
Essex
SS2 6HZ
Squiggle Glass Ltd
Contents
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—7
Page 1
Squiggle Glass Ltd
Balance Sheet
As At 31 December 2024
Balance Sheet
Registered number: 07320913
31 December 2024 31 December 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 37,329 47,516
Investments 5 100 100
37,429 47,616
CURRENT ASSETS
Stocks 6 18,688 50,126
Debtors 7 198,606 203,155
Cash at bank and in hand - 22,811
217,294 276,092
Creditors: Amounts Falling Due Within One Year 8 (208,613 ) (273,468 )
NET CURRENT ASSETS (LIABILITIES) 8,681 2,624
TOTAL ASSETS LESS CURRENT LIABILITIES 46,110 50,240
Creditors: Amounts Falling Due After More Than One Year 9 (36,574 ) (38,889 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (7,093 ) (9,028 )
NET ASSETS 2,443 2,323
CAPITAL AND RESERVES
Called up share capital 10 200 200
Profit and Loss Account 2,243 2,123
SHAREHOLDERS' FUNDS 2,443 2,323
Page 1
Page 2
Squiggle Glass Ltd
Balance Sheet (continued)
As At 31 December 2024
For the year ending 31 December 2024 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 Ian Barren
Director
22/12/2025
The notes on pages 3 to 7 form part of these financial statements.
Page 2
Page 3
Squiggle Glass Ltd
Notes to the Financial Statements
For The Year Ended 31 December 2024
Notes to the Financial Statements
1. General Information
Squiggle Glass Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 07320913 . The registered office is Cumberland House, 24 - 28 baxter Avenue, Southend on Sea, Essex, SS2 6HZ.
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. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
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 20% Reducing balance
Motor Vehicles 25% 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.
Page 3
Page 4
Squiggle Glass Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2024
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. Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
2.8. Leases assets
A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.
Page 4
Page 5
Squiggle Glass Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2024
3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2023: 6)
4 6
4. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 1 January 2024 115,949 90,864 206,813
Disposals - (17,167 ) (17,167 )
As at 31 December 2024 115,949 73,697 189,646
Depreciation
As at 1 January 2024 74,408 84,889 159,297
Provided during the period 8,339 1,376 9,715
Disposals - (16,695 ) (16,695 )
As at 31 December 2024 82,747 69,570 152,317
Net Book Value
As at 31 December 2024 33,202 4,127 37,329
As at 1 January 2024 41,541 5,975 47,516
5. Investments
Associates
£
Cost
As at 1 January 2024 100
As at 31 December 2024 100
Provision
As at 1 January 2024 -
As at 31 December 2024 -
Net Book Value
As at 31 December 2024 100
As at 1 January 2024 100
Page 5
Page 6
Squiggle Glass Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2024
6. Stocks
31 December 2024 31 December 2023
£ £
Materials 10,822 15,000
Work in progress 7,866 35,126
18,688 50,126
7. Debtors
31 December 2024 31 December 2023
£ £
Due within one year
Trade debtors 74,658 88,992
Other debtors 123,948 114,163
198,606 203,155
8. Creditors: Amounts Falling Due Within One Year
31 December 2024 31 December 2023
£ £
Trade creditors 60,026 79,817
Bank loans and overdrafts 26,987 12,832
Other creditors 50,450 175,955
Accruals and deferred income 3,967 4,864
Directors' loan accounts 67,183 -
208,613 273,468
9. Creditors: Amounts Falling Due After More Than One Year
31 December 2024 31 December 2023
£ £
Bank loans 36,574 38,889
Page 6
Page 7
Squiggle Glass Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2024
10. Share Capital
31 December 2024 31 December 2023
£ £
Allotted, Called up and fully paid 200 200
11. Related Party Transactions
During the year the company paid dividends to the directors of £0 (2023: £0). 
An amount of £1,178 (2023: £799) is due from The Magnetic Wipeboard Glass Company Limited, a subsidiary of Squiggle Glass Limited. 
An amount of £50,400 (2023: £175,809) is due to IKB Furniture Limited, a company of which Mr I Barren is the director and shareholder. This is after the write off of the sum of £25,000 as not collectable as the company gave up its right to previous unpaid dividends due to the support it wished to give to the company.
An amount of £19,847 (2023: £18,729) is due from Squiggle (TM) Limited, a company under common control. 
An amount of £47,692 (2023: £46,118) is due from Squiggle Earth Limited, a company under common control. 
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