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 07021230 Mr James Warren Mr Henry Scott iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07021230 2024-03-31 07021230 2025-03-31 07021230 2024-04-01 2025-03-31 07021230 frs-core:CurrentFinancialInstruments 2025-03-31 07021230 frs-core:Non-currentFinancialInstruments 2025-03-31 07021230 frs-core:FurnitureFittings 2025-03-31 07021230 frs-core:FurnitureFittings 2024-04-01 2025-03-31 07021230 frs-core:FurnitureFittings 2024-03-31 07021230 frs-core:MotorVehicles 2025-03-31 07021230 frs-core:MotorVehicles 2024-04-01 2025-03-31 07021230 frs-core:MotorVehicles 2024-03-31 07021230 frs-core:ShareCapital 2025-03-31 07021230 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 07021230 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 07021230 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 07021230 frs-bus:SmallEntities 2024-04-01 2025-03-31 07021230 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 07021230 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 07021230 frs-bus:Director1 2024-04-01 2025-03-31 07021230 frs-bus:Director2 2024-04-01 2025-03-31 07021230 frs-core:CurrentFinancialInstruments 1 2025-03-31 07021230 frs-core:CurrentFinancialInstruments 2 2025-03-31 07021230 frs-countries:EnglandWales 2024-04-01 2025-03-31 07021230 2023-03-31 07021230 2024-03-31 07021230 2023-04-01 2024-03-31 07021230 frs-core:CurrentFinancialInstruments 2024-03-31 07021230 frs-core:Non-currentFinancialInstruments 2024-03-31 07021230 frs-core:ShareCapital 2024-03-31 07021230 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 07021230 frs-core:CurrentFinancialInstruments 1 2024-03-31 07021230 frs-core:CurrentFinancialInstruments 2 2024-03-31
Registered number: 07021230
The Salt Pig Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 07021230
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 128,790 85,561
128,790 85,561
CURRENT ASSETS
Stocks 5 49,661 41,125
Debtors 6 73,539 153,490
Cash at bank and in hand 20,386 33,974
143,586 228,589
Creditors: Amounts Falling Due Within One Year 7 (222,036 ) (173,714 )
NET CURRENT ASSETS (LIABILITIES) (78,450 ) 54,875
TOTAL ASSETS LESS CURRENT LIABILITIES 50,340 140,436
Creditors: Amounts Falling Due After More Than One Year 8 (48,154 ) (71,372 )
NET ASSETS 2,186 69,064
CAPITAL AND RESERVES
Called up share capital 9 1 1
Profit and Loss Account 2,185 69,063
SHAREHOLDERS' FUNDS 2,186 69,064
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 James Warren
Director
Mr Henry Scott
Director
27/12/2025
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 Salt Pig Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 07021230 . The registered office is Unit 1 The Ajm Centre, Prospect Business Park, Swanage, Dorset, BH19 1FE.
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:
Motor Vehicles 25% Reducing Balance
Fixtures & Fittings 25% Reducing Balance
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 53 (2024: 40)
53 40
4. Tangible Assets
Motor Vehicles Fixtures & Fittings Total
£ £ £
Cost
As at 1 April 2024 48,700 113,640 162,340
Additions - 55,783 55,783
As at 31 March 2025 48,700 169,423 218,123
Depreciation
As at 1 April 2024 15,227 61,552 76,779
Provided during the period 5,021 7,533 12,554
As at 31 March 2025 20,248 69,085 89,333
...CONTINUED
Page 3
Page 4
Net Book Value
As at 31 March 2025 28,452 100,338 128,790
As at 1 April 2024 33,473 52,088 85,561
5. Stocks
2025 2024
£ £
Stock 49,661 41,125
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 10,275 3,692
Prepayments and accrued income 3,660 7,500
Deposit Fuel Account 400 400
Amounts owed by joint-ventures 59,204 141,898
73,539 153,490
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 151,613 124,496
PAYE Payable 28,649 18,186
VAT 12,039 2,424
Net wages 8,266 6,672
Deposits in advance 2,066 -
Accruals and deferred income 8,076 12,145
Directors' loan accounts 11,327 9,791
222,036 173,714
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 17,154 27,372
Other loans 31,000 44,000
48,154 71,372
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1 1
Page 4