Acorah Software Products - Accounts Production 14.5.601 false true true 30 September 2022 1 October 2021 false 1 October 2022 30 September 2023 30 September 2023 12885419 Mr Benjamin Thomas Dr Nicola Thomas iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12885419 2022-09-30 12885419 2023-09-30 12885419 2022-10-01 2023-09-30 12885419 frs-core:CurrentFinancialInstruments 2023-09-30 12885419 frs-core:ComputerEquipment 2022-10-01 2023-09-30 12885419 frs-core:PlantMachinery 2023-09-30 12885419 frs-core:PlantMachinery 2022-10-01 2023-09-30 12885419 frs-core:PlantMachinery 2022-09-30 12885419 frs-core:ShareCapital 2023-09-30 12885419 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30 12885419 frs-bus:PrivateLimitedCompanyLtd 2022-10-01 2023-09-30 12885419 frs-bus:FilletedAccounts 2022-10-01 2023-09-30 12885419 frs-bus:SmallEntities 2022-10-01 2023-09-30 12885419 frs-bus:AuditExempt-NoAccountantsReport 2022-10-01 2023-09-30 12885419 frs-bus:SmallCompaniesRegimeForAccounts 2022-10-01 2023-09-30 12885419 frs-bus:Director1 2022-10-01 2023-09-30 12885419 frs-bus:Director2 2022-10-01 2023-09-30 12885419 frs-countries:EnglandWales 2022-10-01 2023-09-30 12885419 2021-09-30 12885419 2022-09-30 12885419 2021-10-01 2022-09-30 12885419 frs-core:CurrentFinancialInstruments 2022-09-30 12885419 frs-core:ShareCapital 2022-09-30 12885419 frs-core:RetainedEarningsAccumulatedLosses 2022-09-30
Registered number: 12885419
Ben G Thomas Limited
Unaudited Financial Statements
For The Year Ended 30 September 2023
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 12885419
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,184 1,130
1,184 1,130
CURRENT ASSETS
Debtors 5 843 117
Cash at bank and in hand 57,892 61,055
58,735 61,172
Creditors: Amounts Falling Due Within One Year 6 (28,080 ) (23,406 )
NET CURRENT ASSETS (LIABILITIES) 30,655 37,766
TOTAL ASSETS LESS CURRENT LIABILITIES 31,839 38,896
PROVISIONS FOR LIABILITIES
Deferred Taxation (86 ) (86 )
NET ASSETS 31,753 38,810
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account 31,653 38,710
SHAREHOLDERS' FUNDS 31,753 38,810
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For the year ending 30 September 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 Benjamin Thomas
Director
26/03/2024
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
Ben G Thomas Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12885419 . The registered office is C/O Smooth Accounting Limited, Building 1000 Lakeside North Harbour, Western Road, Portsmouth, PO6 3EN.
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. Going Concern Disclosure
The directors have identified material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern, however, the going concern basis remains appropriate.
2.3. 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 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.
2.4. 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:
Plant & Machinery 15% Reducing Balance Basis
Computer Equipment 3 Year Straight Line Basis
2.5. Financial Instruments
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
2.6. Taxation
The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.
The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.
Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.
2.7. Dividends
Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.
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2.8. Share capital
Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2022: 2)
2 2
4. Tangible Assets
Plant & Machinery etc.
£
Cost
As at 1 October 2022 1,637
Additions 490
As at 30 September 2023 2,127
Depreciation
As at 1 October 2022 507
Provided during the period 436
As at 30 September 2023 943
Net Book Value
As at 30 September 2023 1,184
As at 1 October 2022 1,130
5. Debtors
2023 2022
£ £
Due within one year
Other debtors 843 117
843 117
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 1 2
Other creditors 28,049 21,048
Taxation and social security 30 2,356
28,080 23,406
7. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
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