Acorah Software Products - Accounts Production 14.5.601 false true 31 July 2022 1 August 2021 false 1 August 2022 31 July 2023 31 July 2023 09148852 Mrs Deborah Walker Ms Kay Shepherd Mrs Linda Walker iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09148852 2022-07-31 09148852 2023-07-31 09148852 2022-08-01 2023-07-31 09148852 frs-core:CurrentFinancialInstruments 2023-07-31 09148852 frs-core:ComputerEquipment 2023-07-31 09148852 frs-core:ComputerEquipment 2022-08-01 2023-07-31 09148852 frs-core:ComputerEquipment 2022-07-31 09148852 frs-core:ShareCapital 2023-07-31 09148852 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31 09148852 frs-bus:PrivateLimitedCompanyLtd 2022-08-01 2023-07-31 09148852 frs-bus:FilletedAccounts 2022-08-01 2023-07-31 09148852 frs-bus:SmallEntities 2022-08-01 2023-07-31 09148852 frs-bus:AuditExemptWithAccountantsReport 2022-08-01 2023-07-31 09148852 frs-bus:SmallCompaniesRegimeForAccounts 2022-08-01 2023-07-31 09148852 frs-bus:Director1 2022-08-01 2023-07-31 09148852 frs-bus:Director2 2022-08-01 2023-07-31 09148852 frs-bus:Director3 2022-08-01 2023-07-31 09148852 frs-countries:EnglandWales 2022-08-01 2023-07-31 09148852 2021-07-31 09148852 2022-07-31 09148852 2021-08-01 2022-07-31 09148852 frs-core:CurrentFinancialInstruments 2022-07-31 09148852 frs-core:Non-currentFinancialInstruments 2022-07-31 09148852 frs-core:ShareCapital 2022-07-31 09148852 frs-core:RetainedEarningsAccumulatedLosses 2022-07-31
Registered number: 09148852
EarlyLinks Limited
Unaudited Financial Statements
For The Year Ended 31 July 2023
AVL Accounting Services Limited
1st & 2nd Floor, 2 West St
Ware
Hertfordshire
SG12 9EE
Contents
Page
Accountants' Report 1
Balance Sheet 2—3
Notes to the Financial Statements 4—5
Page 1
Accountants' Report
In accordance with the engagement letter dated 20 July 2022, and in order to assist you to fulfil your duties under the Companies Act 2006, we have compiled the financial statements of the company from the accounting records and information and explanations you have given to us.
This report is made to the directors in accordance with the terms of our engagement. Our work has been undertaken to prepare for approval by the directors the financial statements that we have been engaged to compile, to report to the directors that we have done so, and to state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and the Company's directors for our work or for this report.
You have acknowledged on the balance sheet as at year ended 31 July 2023 your duty to ensure that the company has kept proper accounting records and to prepare financial statements that give a true and fair view under the Companies Act 2006. You consider that the company is exempt from the statutory requirement for an audit for the year.
We have not been instructed to carry out an audit of the financial statements. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
Signed
04/04/2024
AVL Accounting Services Limited
1st & 2nd Floor, 2 West St
Ware
Hertfordshire
SG12 9EE
Page 1
Page 2
Balance Sheet
Registered number: 09148852
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 825 555
825 555
CURRENT ASSETS
Debtors 5 34,436 55,543
Cash at bank and in hand 116,063 29,556
150,499 85,099
Creditors: Amounts Falling Due Within One Year 6 (48,200 ) (29,708 )
NET CURRENT ASSETS (LIABILITIES) 102,299 55,391
TOTAL ASSETS LESS CURRENT LIABILITIES 103,124 55,946
PROVISIONS FOR LIABILITIES
Deferred Taxation (157 ) (105 )
NET ASSETS 102,967 55,841
CAPITAL AND RESERVES
Called up share capital 7 20 20
Profit and Loss Account 102,947 55,821
SHAREHOLDERS' FUNDS 102,967 55,841
Page 2
Page 3
For the year ending 31 July 2023 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
Mrs Deborah Walker
Director
04/04/2024
The notes on pages 4 to 5 form part of these financial statements.
Page 3
Page 4
Notes to the Financial Statements
1. General Information
EarlyLinks Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09148852 . The registered office is 1st & 2nd Floor, 2 West Street, Ware, Hertfordshire, SG12 9EE.
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.

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:
Computer Equipment 33% Reducing balance
2.4. 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 or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also 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: 3 (2022: 2)
3 2
Page 4
Page 5
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 August 2022 700
Additions 625
As at 31 July 2023 1,325
Depreciation
As at 1 August 2022 145
Provided during the period 355
As at 31 July 2023 500
Net Book Value
As at 31 July 2023 825
As at 1 August 2022 555
5. Debtors
2023 2022
£ £
Due within one year
Trade debtors 34,436 15,543
Due after more than one year
Amounts owed by associates - 40,000
34,436 55,543
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Corporation tax 18,193 9,440
Other taxes and social security 76 122
VAT 23,909 18,292
Accruals and deferred income - 1,440
Directors' loan accounts 6,022 414
48,200 29,708
7. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 20 20
8. Related Party Transactions
Page 5