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 13070841 Mr Charles Fey iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13070841 2022-12-31 13070841 2023-12-31 13070841 2023-01-01 2023-12-31 13070841 frs-core:CurrentFinancialInstruments 2023-12-31 13070841 frs-core:ComputerEquipment 2023-12-31 13070841 frs-core:ComputerEquipment 2023-01-01 2023-12-31 13070841 frs-core:ComputerEquipment 2022-12-31 13070841 frs-core:FurnitureFittings 2023-12-31 13070841 frs-core:FurnitureFittings 2023-01-01 2023-12-31 13070841 frs-core:FurnitureFittings 2022-12-31 13070841 frs-core:ShareCapital 2023-12-31 13070841 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 13070841 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 13070841 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 13070841 frs-bus:SmallEntities 2023-01-01 2023-12-31 13070841 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 13070841 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 13070841 frs-bus:Director1 2023-01-01 2023-12-31 13070841 frs-countries:EnglandWales 2023-01-01 2023-12-31 13070841 2021-12-31 13070841 2022-12-31 13070841 2022-01-01 2022-12-31 13070841 frs-core:CurrentFinancialInstruments 2022-12-31 13070841 frs-core:ShareCapital 2022-12-31 13070841 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 13070841
Fey And Partners Limited
Unaudited Financial Statements
For The Year Ended 31 December 2023
ChadSan Limited
Castle House
Castle Street
Guildford
GU1 3UW
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 13070841
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 120 68
120 68
CURRENT ASSETS
Debtors 5 462 142,210
Cash at bank and in hand 59,559 221,626
60,021 363,836
Creditors: Amounts Falling Due Within One Year 6 (41,007 ) (117,482 )
NET CURRENT ASSETS (LIABILITIES) 19,014 246,354
TOTAL ASSETS LESS CURRENT LIABILITIES 19,134 246,422
NET ASSETS 19,134 246,422
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account 19,034 246,322
SHAREHOLDERS' FUNDS 19,134 246,422
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 member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 Charles Fey
Director
19th April 2024
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Fey And Partners Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13070841 . The registered office is Castle House, Castle Street, Guildford, GU1 3UW.
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. 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 33.33% on cost
Computer Equipment 33.33% on cost
2.4. 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.
2.5. Taxation
Income tax expense represents the sum of the tax currently payable.
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.
Current 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 tax is also recognised in other comprehensive income or directly in equity respectively.
2.6. 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.
Page 3
Page 4
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2022: 3)
3 3
4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 January 2023 137 - 137
Additions - 110 110
As at 31 December 2023 137 110 247
Depreciation
As at 1 January 2023 69 - 69
Provided during the period 45 13 58
As at 31 December 2023 114 13 127
Net Book Value
As at 31 December 2023 23 97 120
As at 1 January 2023 68 - 68
5. Debtors
2023 2022
£ £
Due within one year
Trade debtors - 140,640
Other debtors 462 1,570
462 142,210
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 516 871
Other creditors 13,904 1,197
Taxation and social security 26,587 115,414
41,007 117,482
7. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
Page 4
Page 5
8. Related Party Transactions
During the year the company paid £65,000 (2022: £192,643) in dividends to the director.
Page 5