Acorah Software Products - Accounts Production 14.6.300 false true 31 October 2022 1 November 2021 false 1 November 2022 31 October 2023 31 October 2023 12268236 Miss Corrina Bowers iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12268236 2022-10-31 12268236 2023-10-31 12268236 2022-11-01 2023-10-31 12268236 frs-core:CurrentFinancialInstruments 2023-10-31 12268236 frs-core:Non-currentFinancialInstruments 2023-10-31 12268236 frs-core:ComputerEquipment 2023-10-31 12268236 frs-core:ComputerEquipment 2022-11-01 2023-10-31 12268236 frs-core:ComputerEquipment 2022-10-31 12268236 frs-core:NetGoodwill 2023-10-31 12268236 frs-core:NetGoodwill 2022-11-01 2023-10-31 12268236 frs-core:NetGoodwill 2022-10-31 12268236 frs-core:ShareCapital 2023-10-31 12268236 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31 12268236 frs-bus:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 12268236 frs-bus:FilletedAccounts 2022-11-01 2023-10-31 12268236 frs-bus:SmallEntities 2022-11-01 2023-10-31 12268236 frs-bus:AuditExempt-NoAccountantsReport 2022-11-01 2023-10-31 12268236 frs-bus:SmallCompaniesRegimeForAccounts 2022-11-01 2023-10-31 12268236 frs-bus:Director1 2022-11-01 2023-10-31 12268236 frs-countries:EnglandWales 2022-11-01 2023-10-31 12268236 2021-10-31 12268236 2022-10-31 12268236 2021-11-01 2022-10-31 12268236 frs-core:CurrentFinancialInstruments 2022-10-31 12268236 frs-core:Non-currentFinancialInstruments 2022-10-31 12268236 frs-core:ShareCapital 2022-10-31 12268236 frs-core:RetainedEarningsAccumulatedLosses 2022-10-31
Registered number: 12268236
Bowers & Co Accountancy Ltd
Unaudited Financial Statements
For The Year Ended 31 October 2023
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 12268236
2023 2022
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 2,400 4,800
Tangible Assets 5 418 821
2,818 5,621
CURRENT ASSETS
Debtors 6 3,540 8,873
Cash at bank and in hand 3,736 956
7,276 9,829
Creditors: Amounts Falling Due Within One Year 7 (8,989 ) (9,578 )
NET CURRENT ASSETS (LIABILITIES) (1,713 ) 251
TOTAL ASSETS LESS CURRENT LIABILITIES 1,105 5,872
Creditors: Amounts Falling Due After More Than One Year 8 (3,169 ) (5,069 )
NET (LIABILITIES)/ASSETS (2,064 ) 803
CAPITAL AND RESERVES
Called up share capital 9 1 1
Profit and Loss Account (2,065 ) 802
SHAREHOLDERS' FUNDS (2,064) 803
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Page 2
For the year ending 31 October 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 her 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
Miss Corrina Bowers
Director
31/07/2024
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Bowers & Co Accountancy Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12268236 . The registered office is 16 The Hornets, Horsham, RH13 5RE.
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.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
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 5 years.
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:
Computer Equipment 33% straight line
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 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: 1 (2022: 1)
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4. Intangible Assets
Goodwill
£
Cost
As at 1 November 2022 12,000
As at 31 October 2023 12,000
Amortisation
As at 1 November 2022 7,200
Provided during the period 2,400
As at 31 October 2023 9,600
Net Book Value
As at 31 October 2023 2,400
As at 1 November 2022 4,800
5. Tangible Assets
Computer Equipment
£
Cost
As at 1 November 2022 1,569
Additions 139
As at 31 October 2023 1,708
Depreciation
As at 1 November 2022 748
Provided during the period 542
As at 31 October 2023 1,290
Net Book Value
As at 31 October 2023 418
As at 1 November 2022 821
6. Debtors
2023 2022
£ £
Due within one year
Trade debtors 3,098 4,117
Prepayments and accrued income 361 344
Other taxes and social security 81 -
Director's loan account - 4,412
3,540 8,873
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7. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Bank loans and overdrafts 1,900 1,900
Corporation tax 6,610 7,678
Director's loan account 479 -
8,989 9,578
8. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans 3,169 5,069
9. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 1 1
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