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 13504392 Mrs Carol Williams Mr David Williams iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13504392 2022-07-31 13504392 2023-07-31 13504392 2022-08-01 2023-07-31 13504392 frs-core:CurrentFinancialInstruments 2023-07-31 13504392 frs-core:ComputerEquipment 2023-07-31 13504392 frs-core:ComputerEquipment 2022-08-01 2023-07-31 13504392 frs-core:ComputerEquipment 2022-07-31 13504392 frs-core:FurnitureFittings 2023-07-31 13504392 frs-core:FurnitureFittings 2022-08-01 2023-07-31 13504392 frs-core:FurnitureFittings 2022-07-31 13504392 frs-core:ShareCapital 2023-07-31 13504392 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31 13504392 frs-bus:PrivateLimitedCompanyLtd 2022-08-01 2023-07-31 13504392 frs-bus:FilletedAccounts 2022-08-01 2023-07-31 13504392 frs-bus:SmallEntities 2022-08-01 2023-07-31 13504392 frs-bus:AuditExempt-NoAccountantsReport 2022-08-01 2023-07-31 13504392 frs-bus:SmallCompaniesRegimeForAccounts 2022-08-01 2023-07-31 13504392 frs-bus:Director1 2022-08-01 2023-07-31 13504392 frs-bus:Director2 2022-08-01 2023-07-31 13504392 frs-countries:EnglandWales 2022-08-01 2023-07-31 13504392 2021-07-31 13504392 2022-07-31 13504392 2021-08-01 2022-07-31 13504392 frs-core:CurrentFinancialInstruments 2022-07-31 13504392 frs-core:ShareCapital 2022-07-31 13504392 frs-core:RetainedEarningsAccumulatedLosses 2022-07-31
Registered number: 13504392
FERNLEA ACCOUNTING LIMITED
Unaudited Financial Statements
For The Year Ended 31 July 2023
Unaudited Financial Statements
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—4
Page 1
Statement of Financial Position
Registered number: 13504392
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 6,441 8,070
6,441 8,070
CURRENT ASSETS
Stocks 330 1,033
Debtors 5 2,298 1,327
Cash at bank and in hand 5,296 3,701
7,924 6,061
Creditors: Amounts Falling Due Within One Year 6 (7,653 ) (7,097 )
NET CURRENT ASSETS (LIABILITIES) 271 (1,036 )
TOTAL ASSETS LESS CURRENT LIABILITIES 6,712 7,034
PROVISIONS FOR LIABILITIES
Deferred Taxation (1,224 ) -
NET ASSETS 5,488 7,034
CAPITAL AND RESERVES
Called up share capital 7 3 3
Income Statement 5,485 7,031
SHAREHOLDERS' FUNDS 5,488 7,034
Page 1
Page 2
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 Income Statement.
On behalf of the board
Mrs Carol Williams
Director
Mr David Williams
Director
03/04/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
FERNLEA ACCOUNTING LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 13504392 . The registered office is Office 9, Dalton House, 60 Windsor Avenue, London, SW19 2RR.
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. Turnover includes revenue earned from the rendering of services. 
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the work undertaken.. The stage of completion of work undertaken is measured by comparing the costs incurred for work performed to date to the total estimated work undertaken. 
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:
Fixtures & Fittings 15% SL
Computer Equipment 25% SL
2.4. Stocks and Work in Progress
Work in progress is valued at the lower of cost and net realisable value.
2.5. 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. 
Current or deferred tax for the year is recognised in profit or loss.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2022: 3)
3 3
Page 3
Page 4
4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 August 2022 7,950 1,750 9,700
As at 31 July 2023 7,950 1,750 9,700
Depreciation
As at 1 August 2022 1,192 438 1,630
Provided during the period 1,192 437 1,629
As at 31 July 2023 2,384 875 3,259
Net Book Value
As at 31 July 2023 5,566 875 6,441
As at 1 August 2022 6,758 1,312 8,070
5. Debtors
2023 2022
£ £
Due within one year
Trade debtors 2,298 1,327
2,298 1,327
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Corporation tax 3,602 -
Other creditors 1,995 -
Directors' loan accounts 2,056 7,097
7,653 7,097
7. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 3 3
Page 4