Acorah Software Products - Accounts Production 14.5.601 false true 31 July 2022 21 April 2021 false 1 August 2022 31 July 2023 31 July 2023 13350312 Mr James Rogers iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13350312 2022-07-31 13350312 2023-07-31 13350312 2022-08-01 2023-07-31 13350312 frs-core:CurrentFinancialInstruments 2023-07-31 13350312 frs-core:Non-currentFinancialInstruments 2023-07-31 13350312 frs-core:ShareCapital 2023-07-31 13350312 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31 13350312 frs-bus:PrivateLimitedCompanyLtd 2022-08-01 2023-07-31 13350312 frs-bus:FilletedAccounts 2022-08-01 2023-07-31 13350312 frs-bus:SmallEntities 2022-08-01 2023-07-31 13350312 frs-bus:AuditExempt-NoAccountantsReport 2022-08-01 2023-07-31 13350312 frs-bus:SmallCompaniesRegimeForAccounts 2022-08-01 2023-07-31 13350312 frs-bus:Director1 2022-08-01 2023-07-31 13350312 frs-bus:Director1 2022-07-31 13350312 frs-bus:Director1 2023-07-31 13350312 frs-countries:EnglandWales 2022-08-01 2023-07-31 13350312 2021-04-20 13350312 2022-07-31 13350312 2021-04-21 2022-07-31 13350312 frs-core:CurrentFinancialInstruments 2022-07-31 13350312 frs-core:Non-currentFinancialInstruments 2022-07-31 13350312 frs-core:ShareCapital 2022-07-31 13350312 frs-core:RetainedEarningsAccumulatedLosses 2022-07-31
Registered number: 13350312
The Cleaning Merchants Limited
Financial Statements
For The Year Ended 31 July 2023
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 13350312
31 July 2023 31 July 2022
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 133 133
Investments 5 252,560 252,560
252,693 252,693
Creditors: Amounts Falling Due Within One Year 6 (41,053 ) (40,573 )
NET CURRENT ASSETS (LIABILITIES) 211,640 212,120
TOTAL ASSETS LESS CURRENT LIABILITIES 211,640 212,120
Creditors: Amounts Falling Due After More Than One Year 7 (127,000 ) (167,000 )
NET ASSETS 84,640 45,120
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 84,540 45,020
SHAREHOLDERS' FUNDS 84,640 45,120
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 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 James Rogers
Director
23 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
The Cleaning Merchants Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13350312 . The registered office is Unit 11 Stafford Park 12, Telford, TF3 3BJ.
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. Financial Instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Debt instruments are subsequently measured at amortised cost.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.
2.3. 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: NIL (2022: NIL)
- -
Page 3
Page 4
4. Debtors
31 July 2023 31 July 2022
£ £
Due within one year
Other debtors 20 20
Corporation tax recoverable assets 33 33
Director's loan account 80 80
133 133
5. Current Asset Investments
31 July 2023 31 July 2022
£ £
Shares in subsidiaries 252,560 252,560
6. Creditors: Amounts Falling Due Within One Year
31 July 2023 31 July 2022
£ £
Corporation tax 33 33
Other creditors 40,000 40,000
Accruals and deferred income 480 540
Amounts owed to subsidiaries 540 -
41,053 40,573
7. Creditors: Amounts Falling Due After More Than One Year
31 July 2023 31 July 2022
£ £
Other creditors 127,000 167,000
8. Share Capital
31 July 2023 31 July 2022
£ £
Allotted, Called up and fully paid 100 100
Page 4
Page 5
9. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 August 2022 Amounts advanced Amounts repaid Amounts written off As at 31 July 2023
£ £ £ £ £
Mr James Rogers 80 - - - 80
The above loan is unsecured, interest free and repayable on demand.
Page 5