Acorah Software Products - Accounts Production 15.0.500 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 10636197 Gene Feder Daphne Amevenu Andrew Wilson Mariah Kelly Jacqueline Gantley Rowan Jackson-Smith iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10636197 2023-03-31 10636197 2024-03-31 10636197 2023-04-01 2024-03-31 10636197 frs-core:CurrentFinancialInstruments 2024-03-31 10636197 frs-core:ComputerEquipment 2024-03-31 10636197 frs-core:ComputerEquipment 2023-04-01 2024-03-31 10636197 frs-core:ComputerEquipment 2023-03-31 10636197 frs-core:PlantMachinery 2024-03-31 10636197 frs-core:PlantMachinery 2023-04-01 2024-03-31 10636197 frs-core:PlantMachinery 2023-03-31 10636197 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 10636197 frs-bus:CompanyLimitedByGuarantee 2023-04-01 2024-03-31 10636197 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 10636197 frs-bus:SmallEntities 2023-04-01 2024-03-31 10636197 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 10636197 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 10636197 frs-bus:Director1 2023-04-01 2024-03-31 10636197 frs-bus:Director2 2023-04-01 2024-03-31 10636197 frs-bus:Director3 2023-04-01 2024-03-31 10636197 frs-bus:Director4 2023-04-01 2024-03-31 10636197 frs-bus:Director5 2023-04-01 2024-03-31 10636197 frs-bus:Director6 2023-04-01 2024-03-31 10636197 frs-core:CurrentFinancialInstruments 1 2024-03-31 10636197 frs-core:CurrentFinancialInstruments 2 2024-03-31 10636197 frs-core:CurrentFinancialInstruments 3 2024-03-31 10636197 frs-countries:EnglandWales 2023-04-01 2024-03-31 10636197 2022-03-31 10636197 2023-03-31 10636197 2022-04-01 2023-03-31 10636197 frs-core:CurrentFinancialInstruments 2023-03-31 10636197 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31 10636197 frs-core:CurrentFinancialInstruments 1 2023-03-31 10636197 frs-core:CurrentFinancialInstruments 2 2023-03-31 10636197 frs-core:CurrentFinancialInstruments 3 2023-03-31
Registered number: 10636197
IRISi
Unaudited Financial Statements
For The Year Ended 31 March 2024
Godfrey Wilson Limited
Fifth Floor Mariner House
62 Prince Street
Bristol
BS1 4QD
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 10636197
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 4,534 7,326
4,534 7,326
CURRENT ASSETS
Debtors 5 234,904 86,438
Cash at bank and in hand 463,531 166,004
698,435 252,442
Creditors: Amounts Falling Due Within One Year 6 (540,608 ) (130,814 )
NET CURRENT ASSETS (LIABILITIES) 157,827 121,628
TOTAL ASSETS LESS CURRENT LIABILITIES 162,361 128,954
NET ASSETS 162,361 128,954
Income and Expenditure Account 162,361 128,954
MEMBERS' FUNDS 162,361 128,954
Page 1
Page 2
For the year ending 31 March 2024 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 and Expenditure Account.
On behalf of the board
Daphne Amevenu
Director
25/07/2024
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
IRISi is a private company, limited by guarantee, incorporated in England & Wales, registered number 10636197 . The registered office is Fifth Floor Mariner House, 62 Prince Street, Bristol, BS1 4QD.
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. 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 25% straight line basis
Computer Equipment 25% straight line basis
3. Average Number of Employees
Average number of employees, including directors, during the year was: 15 (2023: 15)
15 15
4. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 1 April 2023 2,048 13,792 15,840
As at 31 March 2024 2,048 13,792 15,840
...CONTINUED
Page 3
Page 4
Depreciation
As at 1 April 2023 1,402 7,112 8,514
Provided during the period 512 2,280 2,792
As at 31 March 2024 1,914 9,392 11,306
Net Book Value
As at 31 March 2024 134 4,400 4,534
As at 1 April 2023 646 6,680 7,326
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 200,137 75,476
Rent Deposit 1,435 1,435
Prepayments 10,607 9,069
Accrued Income 22,725 458
234,904 86,438
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 118,104 51,721
Other taxes and social security 14,319 13,874
VAT 37,121 16,953
Accruals 7,280 4,970
Deferred income 363,784 43,296
540,608 130,814
7. Company limited by guarantee
The company is limited by guarantee and has no share capital.
Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
Page 4