Acorah Software Products - Accounts Production 16.5.460 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 12358658 Ms Tamsyn Graanoogst iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12358658 2023-12-31 12358658 2024-12-31 12358658 2024-01-01 2024-12-31 12358658 frs-core:CurrentFinancialInstruments 2024-12-31 12358658 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-01-01 2024-12-31 12358658 frs-core:NetGoodwill 2024-12-31 12358658 frs-core:NetGoodwill 2024-01-01 2024-12-31 12358658 frs-core:NetGoodwill 2023-12-31 12358658 frs-core:OtherResidualIntangibleAssets 2024-12-31 12358658 frs-core:OtherResidualIntangibleAssets 2024-01-01 2024-12-31 12358658 frs-core:OtherResidualIntangibleAssets 2023-12-31 12358658 frs-core:ShareCapital 2024-12-31 12358658 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 12358658 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 12358658 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 12358658 frs-bus:SmallEntities 2024-01-01 2024-12-31 12358658 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 12358658 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 12358658 frs-bus:Director1 2024-01-01 2024-12-31 12358658 frs-core:CurrentFinancialInstruments 1 2024-12-31 12358658 frs-countries:EnglandWales 2024-01-01 2024-12-31 12358658 2022-12-31 12358658 2023-12-31 12358658 2023-01-01 2023-12-31 12358658 frs-core:CurrentFinancialInstruments 2023-12-31 12358658 frs-core:ShareCapital 2023-12-31 12358658 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 12358658 frs-core:CurrentFinancialInstruments 1 2023-12-31
Registered number: 12358658
Smellacloud Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2024
AM & Company
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 12358658
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 95,392 107,316
95,392 107,316
CURRENT ASSETS
Stocks 5 340,000 339,999
Debtors 6 333 87,889
Cash at bank and in hand 1,935 12,785
342,268 440,673
Creditors: Amounts Falling Due Within One Year 7 (616,974 ) (608,245 )
NET CURRENT ASSETS (LIABILITIES) (274,706 ) (167,572 )
TOTAL ASSETS LESS CURRENT LIABILITIES (179,314 ) (60,256 )
NET LIABILITIES (179,314 ) (60,256 )
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account (179,414 ) (60,356 )
SHAREHOLDERS' FUNDS (179,314) (60,256)
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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 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
Ms Tamsyn Graanoogst
Director
31/12/2025
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Smellacloud Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12358658 . The registered office is Unit C9 Heatrow Corporate Park,, Green Lane, , Hounslow, , TW4 6ER.
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. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the profit and loss account over its estimated economic life of .... years.
2.4. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are website development costs. It is amortised to the Income statement over its estimated economic life of 10 years years.
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.
2.6. 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.
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2.7. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 8 (2023: 8)
8 8
4. Intangible Assets
Goodwill Other Total
£ £ £
Cost
As at 1 January 2024 - 119,240 119,240
As at 31 December 2024 - 119,240 119,240
Amortisation
As at 1 January 2024 - 11,924 11,924
Provided during the period 11,924 - 11,924
As at 31 December 2024 11,924 11,924 23,848
Net Book Value
As at 31 December 2024 (11,924 ) 107,316 95,392
As at 1 January 2024 - 107,316 107,316
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5. Stocks
2024 2023
£ £
Stock 340,000 339,999
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 333 31,498
Prepayments and accrued income - 44,720
Director's loan account - 11,671
333 87,889
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 323,445 171,477
Corporation tax - 14,326
VAT 163,772 422,442
Other creditors 24,835 -
Other creditors (1) 34,564 -
Director's loan account 70,358 -
616,974 608,245
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
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