Acorah Software Products - Accounts Production 15.0.500 false true 31 January 2023 1 February 2022 false 1 February 2023 31 January 2024 31 January 2024 05632791 Mr David Brooks Mr. Jon Clark Mr David Brooks iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05632791 2023-01-31 05632791 2024-01-31 05632791 2023-02-01 2024-01-31 05632791 frs-core:CurrentFinancialInstruments 2024-01-31 05632791 frs-core:Non-currentFinancialInstruments 2024-01-31 05632791 frs-core:ComputerEquipment 2024-01-31 05632791 frs-core:ComputerEquipment 2023-02-01 2024-01-31 05632791 frs-core:ComputerEquipment 2023-01-31 05632791 frs-core:NetGoodwill 2024-01-31 05632791 frs-core:NetGoodwill 2023-02-01 2024-01-31 05632791 frs-core:NetGoodwill 2023-01-31 05632791 frs-core:PlantMachinery 2024-01-31 05632791 frs-core:PlantMachinery 2023-02-01 2024-01-31 05632791 frs-core:PlantMachinery 2023-01-31 05632791 frs-core:ShareCapital 2024-01-31 05632791 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 05632791 frs-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 05632791 frs-bus:FilletedAccounts 2023-02-01 2024-01-31 05632791 frs-bus:SmallEntities 2023-02-01 2024-01-31 05632791 frs-bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 05632791 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 05632791 frs-bus:Director1 2023-02-01 2024-01-31 05632791 frs-bus:Director2 2023-02-01 2024-01-31 05632791 frs-bus:CompanySecretary1 2023-02-01 2024-01-31 05632791 frs-countries:EnglandWales 2023-02-01 2024-01-31 05632791 2022-01-31 05632791 2023-01-31 05632791 2022-02-01 2023-01-31 05632791 frs-core:CurrentFinancialInstruments 2023-01-31 05632791 frs-core:Non-currentFinancialInstruments 2023-01-31 05632791 frs-core:ShareCapital 2023-01-31 05632791 frs-core:RetainedEarningsAccumulatedLosses 2023-01-31
Registered number: 05632791
Clark Brooks Access Limited
Unaudited Financial Statements
For The Year Ended 31 January 2024
Advoco (SW) Ltd
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 05632791
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 8,000 10,000
Tangible Assets 5 27,233 22,090
35,233 32,090
CURRENT ASSETS
Debtors 6 3,963 15,983
Cash at bank and in hand 480 -
4,443 15,983
Creditors: Amounts Falling Due Within One Year 7 (21,398 ) (34,700 )
NET CURRENT ASSETS (LIABILITIES) (16,955 ) (18,717 )
TOTAL ASSETS LESS CURRENT LIABILITIES 18,278 13,373
Creditors: Amounts Falling Due After More Than One Year 8 (5,547 ) (9,360 )
NET ASSETS 12,731 4,013
CAPITAL AND RESERVES
Called up share capital 9 2 2
Profit and Loss Account 12,729 4,011
SHAREHOLDERS' FUNDS 12,731 4,013
Page 1
Page 2
For the year ending 31 January 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 Profit and Loss Account.
On behalf of the board
Mr David Brooks
Director
30 July 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
Clark Brooks Access Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05632791 . The registered office is 14a Albany Road., Weymouth, Dorset, DT4 9TH.
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 20 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:
Plant & Machinery 25% on reducing balance
Computer Equipment 33% on reducing balance
2.5. 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: 2 (2023: 2)
2 2
Page 3
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4. Intangible Assets
Goodwill
£
Cost
As at 1 February 2023 40,000
As at 31 January 2024 40,000
Amortisation
As at 1 February 2023 30,000
Provided during the period 2,000
As at 31 January 2024 32,000
Net Book Value
As at 31 January 2024 8,000
As at 1 February 2023 10,000
5. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 1 February 2023 106,638 7,669 114,307
Additions 12,783 - 12,783
As at 31 January 2024 119,421 7,669 127,090
Depreciation
As at 1 February 2023 86,587 5,630 92,217
Provided during the period 6,967 673 7,640
As at 31 January 2024 93,554 6,303 99,857
Net Book Value
As at 31 January 2024 25,867 1,366 27,233
As at 1 February 2023 20,051 2,039 22,090
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 1,740 14,475
Other debtors 2,223 1,508
3,963 15,983
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7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Bank loans and overdrafts 9,353 12,870
Corporation tax liability 1,776 1,982
Social security and other tax 498 729
VAT 1,713 4,380
Accrued expenses 2,232 2,040
Directors' loan accounts 5,826 12,699
21,398 34,700
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 5,547 9,360
5,547 9,360
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
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