Acorah Software Products - Accounts Production 14.5.601 false true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 06297082 Mr P M Macildowie Mr J T Minett Mr A Sawyer Mr J T Minett J Minett true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06297082 2022-12-31 06297082 2023-12-31 06297082 2023-01-01 2023-12-31 06297082 frs-core:CurrentFinancialInstruments 2023-12-31 06297082 frs-core:SharePremium 2023-12-31 06297082 frs-core:ShareCapital 2023-12-31 06297082 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 06297082 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 06297082 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 06297082 frs-bus:SmallEntities 2023-01-01 2023-12-31 06297082 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 06297082 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 06297082 1 2023-01-01 2023-12-31 06297082 frs-core:UnlistedNon-exchangeTraded 2023-12-31 06297082 frs-core:UnlistedNon-exchangeTraded 2022-12-31 06297082 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2022-12-31 06297082 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-12-31 06297082 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2022-12-31 06297082 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-12-31 06297082 frs-bus:Director1 2023-01-01 2023-12-31 06297082 frs-bus:Director1 2022-12-31 06297082 frs-bus:Director1 2023-12-31 06297082 frs-bus:Director2 2023-01-01 2023-12-31 06297082 frs-bus:Director3 2023-01-01 2023-12-31 06297082 frs-bus:CompanySecretary1 2023-01-01 2023-12-31 06297082 frs-countries:EnglandWales 2023-01-01 2023-12-31 06297082 2021-12-31 06297082 2022-12-31 06297082 2022-01-01 2022-12-31 06297082 frs-core:CurrentFinancialInstruments 2022-12-31 06297082 frs-core:SharePremium 2022-12-31 06297082 frs-core:ShareCapital 2022-12-31 06297082 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 06297082
The Spencer Group Holdings Limited
Unaudited Financial Statements
For The Year Ended 31 December 2023
Unaudited Financial Statements
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 06297082
2023 2022
Notes £ £ £ £
FIXED ASSETS
Investments 4 376,196 376,196
376,196 376,196
CURRENT ASSETS
Debtors 5 386,524 11,946
Cash at bank and in hand 62,714 391,464
449,238 403,410
NET CURRENT ASSETS (LIABILITIES) 449,238 403,410
TOTAL ASSETS LESS CURRENT LIABILITIES 825,434 779,606
NET ASSETS 825,434 779,606
CAPITAL AND RESERVES
Called up share capital 7 300 300
Share premium account 252,139 252,139
Profit and Loss Account 572,995 527,167
SHAREHOLDERS' FUNDS 825,434 779,606
For the year ending 31 December 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
Mr J T Minett
Director
17th April 2024
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
The Spencer Group Holdings Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06297082 . The registered office is Unit 8 Wheatcroft Business Park Landmere Lane, Edwalton, Nottingham, NG12 4DG.
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2022: 3)
3 3
4. Investments
Unlisted
£
Cost
As at 1 January 2023 628,435
As at 31 December 2023 628,435
Provision
As at 1 January 2023 252,239
As at 31 December 2023 252,239
Net Book Value
As at 31 December 2023 376,196
As at 1 January 2023 376,196
5. Debtors
2023 2022
£ £
Due within one year
Directors' loan accounts 375,000 -
Amounts owed by group undertakings 11,524 11,946
386,524 11,946
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
7. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 300 300
Page 2
Page 3
8. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 January 2023 Amounts advanced Amounts repaid Amounts written off As at 31 December 2023
£ £ £ £ £
Mr Julian Minett - 375,000 - - 375,000
The above loan is unsecured, interest free and repayable on demand.
9. Related Party Transactions
As at 31 December 2023 the company was owed £11,524 (2022: £11,946) by its subsidiary company The Spencer Group Limited.
10. Ultimate Controlling Party
The company's ultimate controlling party is J Minett by virtue of his ownership of 99% of the issued share capital in the company.
Page 3