Acorah Software Products - Accounts Production 16.8.200 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 09351505 Mr Jamie Perkins true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09351505 2024-03-31 09351505 2025-03-31 09351505 2024-04-01 2025-03-31 09351505 frs-core:CurrentFinancialInstruments 2025-03-31 09351505 frs-core:ComputerEquipment 2025-03-31 09351505 frs-core:ComputerEquipment 2024-04-01 2025-03-31 09351505 frs-core:ComputerEquipment 2024-03-31 09351505 frs-core:MotorVehicles 2025-03-31 09351505 frs-core:MotorVehicles 2024-04-01 2025-03-31 09351505 frs-core:MotorVehicles 2024-03-31 09351505 frs-core:PlantMachinery 2025-03-31 09351505 frs-core:PlantMachinery 2024-04-01 2025-03-31 09351505 frs-core:PlantMachinery 2024-03-31 09351505 frs-core:ShareCapital 2025-03-31 09351505 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 09351505 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 09351505 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 09351505 frs-bus:SmallEntities 2024-04-01 2025-03-31 09351505 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 09351505 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 09351505 1 2024-04-01 2025-03-31 09351505 frs-bus:Director1 2024-04-01 2025-03-31 09351505 frs-countries:EnglandWales 2024-04-01 2025-03-31 09351505 2023-03-31 09351505 2024-03-31 09351505 2023-04-01 2024-03-31 09351505 frs-core:CurrentFinancialInstruments 2024-03-31 09351505 frs-core:ShareCapital 2024-03-31 09351505 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 09351505
Open Box Ideas Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
MBL Business Services Ltd
Moushill Rough
Sandy Lane
Godalming
Surrey
GU8 5BL
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 09351505
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 8,942 11,923
8,942 11,923
CURRENT ASSETS
Debtors 5 506,272 429,808
506,272 429,808
Creditors: Amounts Falling Due Within One Year 6 (294,685 ) (281,326 )
NET CURRENT ASSETS (LIABILITIES) 211,587 148,482
TOTAL ASSETS LESS CURRENT LIABILITIES 220,529 160,405
NET ASSETS 220,529 160,405
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account 220,429 160,305
SHAREHOLDERS' FUNDS 220,529 160,405
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 his 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 Jamie Perkins
Director
31/10/2025
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
Open Box Ideas Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09351505 . The registered office is 4 Westfields, Witley, Godalming, Surrey, GU8 5ND.
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 stated at cost less depreciation. 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% reducing balance
Motor Vehicles 25% reducing balance
Computer Equipment 33% straight line
3. Average Number of Employees
Average number of employees, including directors, during the year was as follows:
No employees in period under review
2025 2024
Office and administration 1 1
1 1
4. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 April 2024 3,817 30,467 2,640 36,924
As at 31 March 2025 3,817 30,467 2,640 36,924
Depreciation
As at 1 April 2024 2,892 19,469 2,640 25,001
Provided during the period 231 2,750 - 2,981
As at 31 March 2025 3,123 22,219 2,640 27,982
Net Book Value
As at 31 March 2025 694 8,248 - 8,942
As at 1 April 2024 925 10,998 - 11,923
Page 2
Page 3
5. Debtors
2025 2024
£ £
Due within one year
Other debtors 506,272 429,808
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 386 633
Bank loans and overdrafts 32,770 36,921
Corporation tax 41,800 39,400
Other taxes and social security 32,125 37,063
Other creditors 186,854 166,559
Accruals 750 750
294,685 281,326
7. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
8. Ultimate Controlling Party
100% of the Company’s share capital is owned by Austen Estates Group Ltd, a Company controlled by Jamie Perkins and Joanna Perkins.
Page 3