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 12233319 Mr Philip Ellerby Mr James Muncaster iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12233319 2022-12-31 12233319 2023-12-31 12233319 2023-01-01 2023-12-31 12233319 frs-core:CurrentFinancialInstruments 2023-12-31 12233319 frs-core:Non-currentFinancialInstruments 2023-12-31 12233319 frs-core:NetGoodwill 2023-12-31 12233319 frs-core:NetGoodwill 2023-01-01 2023-12-31 12233319 frs-core:NetGoodwill 2022-12-31 12233319 frs-core:ShareCapital 2023-12-31 12233319 frs-core:RetainedEarningsAccumulatedLosses 2023-01-01 2023-12-31 12233319 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 12233319 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 12233319 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 12233319 frs-bus:SmallEntities 2023-01-01 2023-12-31 12233319 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 12233319 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 12233319 frs-bus:Director1 2023-01-01 2023-12-31 12233319 frs-bus:Director2 2023-01-01 2023-12-31 12233319 frs-countries:EnglandWales 2023-01-01 2023-12-31 12233319 2021-12-31 12233319 2022-12-31 12233319 2022-01-01 2022-12-31 12233319 frs-core:CurrentFinancialInstruments 2022-12-31 12233319 frs-core:Non-currentFinancialInstruments 2022-12-31 12233319 frs-core:ShareCapital 2021-12-31 12233319 frs-core:ShareCapital 2022-12-31 12233319 frs-core:RetainedEarningsAccumulatedLosses 2022-01-01 2022-12-31 12233319 frs-core:RetainedEarningsAccumulatedLosses frs-core:PreviouslyStatedAmount 2021-12-31 12233319 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 12233319
Northern Accountants Ilkley Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2023
Northern Accountants
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Statement of Changes in Equity 3
Notes to the Financial Statements 4—5
Page 1
Balance Sheet
Registered number: 12233319
2023 2022
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 210,700 246,820
210,700 246,820
CURRENT ASSETS
Debtors 5 100 10,933
Cash at bank and in hand 12,021 10,759
12,121 21,692
Creditors: Amounts Falling Due Within One Year 6 (194,110 ) (243,388 )
NET CURRENT ASSETS (LIABILITIES) (181,989 ) (221,696 )
TOTAL ASSETS LESS CURRENT LIABILITIES 28,711 25,124
Creditors: Amounts Falling Due After More Than One Year 7 - (10,507 )
NET ASSETS 28,711 14,617
CAPITAL AND RESERVES
Called up share capital 8 200 100
Profit and Loss Account 28,511 14,517
SHAREHOLDERS' FUNDS 28,711 14,617
Page 1
Page 2
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 Philip Ellerby
Director
10/04/2024
The notes on pages 4 to 5 form part of these financial statements.
Page 2
Page 3
Statement of Changes in Equity
Share Capital Profit and Loss Account Total
£ £ £
As at 1 January 2022 100 5,431 5,531
Profit for the year and total comprehensive income - 61,542 61,542
Dividends paid - (52,456) (52,456)
As at 31 December 2022 and 1 January 2023 100 14,517 14,617
Profit for the year and total comprehensive income - 66,450 66,450
Dividends paid - (52,456) (52,456)
Arising on shares issued during the period 100 - 100
As at 31 December 2023 200 28,511 28,711
Page 3
Page 4
Notes to the Financial Statements
1. General Information
Northern Accountants Ilkley Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12233319 . The registered office is Olympus House,, 2 Howley Park Business Village, Morley, Leeds,, West Yorkshire,, LS27 0BZ.
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.
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 profit and loss account over its estimated economic life of 10 years.
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 year 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2022: 2)
2 2
4. Intangible Assets
Goodwill
£
Cost
As at 1 January 2023 361,200
As at 31 December 2023 361,200
Amortisation
As at 1 January 2023 114,380
Provided during the period 36,120
As at 31 December 2023 150,500
Net Book Value
As at 31 December 2023 210,700
As at 1 January 2023 246,820
Page 4
Page 5
5. Debtors
2023 2022
£ £
Due within one year
Directors' loan accounts 100 -
Amounts owed by group undertakings - 10,933
100 10,933
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors - 729
Bank loans and overdrafts - 62,826
Corporation tax 18,000 14,436
VAT 7,115 5,615
Directors' loan accounts - 130,216
Amounts owed to group undertakings 168,995 29,566
194,110 243,388
7. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans - 10,507
- 10,507
8. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 200 100
Page 5