Acorah Software Products - Accounts Production 19.2.450 false true true 31 May 2024 1 June 2023 false 1 June 2024 31 May 2025 31 May 2025 08937023 Goran Svilar iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08937023 2024-05-31 08937023 2025-05-31 08937023 2024-06-01 2025-05-31 08937023 frs-core:CurrentFinancialInstruments 2025-05-31 08937023 frs-core:Non-currentFinancialInstruments 2025-05-31 08937023 frs-core:FurnitureFittings 2024-06-01 2025-05-31 08937023 frs-core:PlantMachinery 2025-05-31 08937023 frs-core:PlantMachinery 2024-06-01 2025-05-31 08937023 frs-core:PlantMachinery 2024-05-31 08937023 frs-core:ShareCapital 2025-05-31 08937023 frs-core:RetainedEarningsAccumulatedLosses 2025-05-31 08937023 frs-bus:PrivateLimitedCompanyLtd 2024-06-01 2025-05-31 08937023 frs-bus:FilletedAccounts 2024-06-01 2025-05-31 08937023 frs-bus:SmallEntities 2024-06-01 2025-05-31 08937023 frs-bus:AuditExempt-NoAccountantsReport 2024-06-01 2025-05-31 08937023 frs-bus:SmallCompaniesRegimeForAccounts 2024-06-01 2025-05-31 08937023 frs-bus:Director1 2024-06-01 2025-05-31 08937023 frs-countries:EnglandWales 2024-06-01 2025-05-31 08937023 2023-05-31 08937023 2024-05-31 08937023 2023-06-01 2024-05-31 08937023 frs-core:CurrentFinancialInstruments 2024-05-31 08937023 frs-core:Non-currentFinancialInstruments 2024-05-31 08937023 frs-core:ShareCapital 2024-05-31 08937023 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31
Registered number: 08937023
S2 Lifestyle Management Ltd
Unaudited Financial Statements
For The Year Ended 31 May 2025
S2 Lifestyle Management Ltd
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—6

Page 1
S2 Lifestyle Management Ltd
Balance Sheet
As At 31 May 2025
Balance Sheet
Registered number: 08937023

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 3,203 |  | 3,944
|  |  | 3,203 |  | 3,944
CURRENT ASSETS
Debtors | 5 | 446,861 |  | 433,615 |
Cash at bank and in hand |  | 2,702 |  | 26,587 |
|  | 449,563 |  | 460,202 |
Creditors: Amounts Falling Due Within One Year | 6 | (299,955 ) |  | (189,208 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 149,608 |  | 270,994
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 152,811 |  | 274,938
Creditors: Amounts Falling Due After More Than One Year | 7 |  | (210,559 ) |  | (274,206 )
NET (LIABILITIES)/ASSETS |  |  | (57,748 ) |  | 732
CAPITAL AND RESERVES
Called up share capital | 8 |  | 200 |  | 200
Profit and Loss Account |  |  | (57,948 ) |  | 532
SHAREHOLDERS' FUNDS |  |  | (57,748) |  | 732

Page 1
Page 2
S2 Lifestyle Management Ltd
Balance Sheet (continued)
As At 31 May 2025
For the year ending 31 May 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

Goran Svilar Director
22/05/2026

The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
S2 Lifestyle Management Ltd
Notes to the Financial Statements
For The Year Ended 31 May 2025
Notes to the Financial Statements
1. General Information
S2 Lifestyle Management Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08937023 . The registered office is 08937023 - COMPANIES HOUSE DEFAULT ADDRESS, Cardiff, CF14 8LH.
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 director has assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The company has financial support from the shareholder. Based on this the director believes the company has adequate resources to continue in operational existence and to meet its financial obligations . Accordingly, the director continues to adopt the going concern basis in preparing the financial statements.
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 | over 5 years
Fixtures & Fittings | over 10 years

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.
Page 3
Page 4
S2 Lifestyle Management Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 May 2025
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. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
2.8. Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
2.9. Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2024: 4)
4 4
Page 4
Page 5
S2 Lifestyle Management Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 May 2025
4. Tangible Assets

| Plant & Machinery
--- | ---
| £
Cost
As at 1 June 2024 | 6,125
As at 31 May 2025 | 6,125
Depreciation
As at 1 June 2024 | 2,181
Provided during the period | 741
As at 31 May 2025 | 2,922
Net Book Value
As at 31 May 2025 | 3,203
As at 1 June 2024 | 3,944

5. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | - |  | 85,737
Other debtors | 163,128 |  | 97,743
| 163,128 |  | 183,480
Due after more than one year
Amounts owed by participating interests | 283,733 |  | 250,135
| 446,861 |  | 433,615

6. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 11,532 |  | 98
Bank loans and overdrafts | 10,000 |  | 10,000
Deposits | 2,327 |  | 18,000
Other creditors | 54,930 |  | 10,106
Taxation and social security | 221,166 |  | 151,004
| 299,955 |  | 189,208

Page 5
Page 6
S2 Lifestyle Management Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 May 2025
7. Creditors: Amounts Falling Due After More Than One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Bank loans | 18,673 |  | 18,154
Amounts owed to participating interests | 58,533 |  | 17,873
Other creditors | 133,353 |  | 238,179
| 210,559 |  | 274,206

Bank loan relates to Bounce Back Loan scheme set up by the Government to help businesses with Covid-19. It is Government backed unsecured loan. The loan is for a period of six years. No interest is payable for the first year of the loan, and thereafter interest is charged at 2.5% per annum.
8. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 200 |  | 200

9. Related Party Transactions
At the end of the financial year, the company owed £283,733 by a company under the same control and this declared in debtors.
At the end of the financial year, the company owed £58,533 to a company under the same control and this declared in creditors.
Page 6