Acorah Software Products - Accounts Production 15.0.500 false true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 06769661 Mr Spencer Wynn-Greensmith Ms Nele op de Beeck iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06769661 2022-12-31 06769661 2023-12-31 06769661 2023-01-01 2023-12-31 06769661 frs-core:CurrentFinancialInstruments 2023-12-31 06769661 frs-core:Non-currentFinancialInstruments 2023-12-31 06769661 frs-core:ComputerEquipment 2023-01-01 2023-12-31 06769661 frs-core:FurnitureFittings 2023-12-31 06769661 frs-core:FurnitureFittings 2023-01-01 2023-12-31 06769661 frs-core:FurnitureFittings 2022-12-31 06769661 frs-core:ShareCapital 2023-12-31 06769661 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 06769661 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 06769661 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 06769661 frs-bus:SmallEntities 2023-01-01 2023-12-31 06769661 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 06769661 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 06769661 frs-bus:Director1 2023-01-01 2023-12-31 06769661 frs-bus:Director1 2022-12-31 06769661 frs-bus:Director1 2023-12-31 06769661 frs-bus:Director2 2023-01-01 2023-12-31 06769661 frs-countries:EnglandWales 2023-01-01 2023-12-31 06769661 2021-12-31 06769661 2022-12-31 06769661 2022-01-01 2022-12-31 06769661 frs-core:CurrentFinancialInstruments 2022-12-31 06769661 frs-core:Non-currentFinancialInstruments 2022-12-31 06769661 frs-core:ShareCapital 2022-12-31 06769661 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 06769661
Nell @ Action Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2023
Penneys Accountancy
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 06769661
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 167 334
167 334
CURRENT ASSETS
Debtors 5 59,265 53,609
Cash at bank and in hand 1,279 3
60,544 53,612
Creditors: Amounts Falling Due Within One Year 6 (290,183 ) (262,650 )
NET CURRENT ASSETS (LIABILITIES) (229,639 ) (209,038 )
TOTAL ASSETS LESS CURRENT LIABILITIES (229,472 ) (208,704 )
Creditors: Amounts Falling Due After More Than One Year 7 (8,385 ) (8,525 )
NET LIABILITIES (237,857 ) (217,229 )
CAPITAL AND RESERVES
Called up share capital 8 101 101
Profit and Loss Account (237,958 ) (217,330 )
SHAREHOLDERS' FUNDS (237,857) (217,229)
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For the year ending 31 December 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
Ms Nele op de Beeck
Director
16/05/2024
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
Nell @ Action Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 06769661 . The registered office is 6 Stanhope Gate, Stanhope Road, Camberley, Surrey, GU15 3DW.
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:
Fixtures & Fittings 25%SL
Computer Equipment 25%SL
2.4. 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: 1 (2022: 1)
1 1
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4. Tangible Assets
Fixtures & Fittings
£
Cost
As at 1 January 2023 1,655
As at 31 December 2023 1,655
Depreciation
As at 1 January 2023 1,321
Provided during the period 167
As at 31 December 2023 1,488
Net Book Value
As at 31 December 2023 167
As at 1 January 2023 334
5. Debtors
2023 2022
£ £
Due within one year
Trade debtors 5,364 8,859
Other debtors 20,552 18,243
Directors' loan accounts 33,349 26,507
59,265 53,609
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 263,494 240,147
Bank loans and overdrafts 4,875 4,947
Corporation tax 16,665 12,939
Other taxes and social security 694 694
VAT 4,455 3,923
290,183 262,650
7. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans 8,385 8,525
8. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 101 101
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9. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at the year end the directors owed the company £33,349. This amount will be repaid within the 9 months period. The above loan is unsecured, interest free and repayable on demand. 
As at 1 January 2023 Amounts advanced Amounts repaid Amounts written off As at 31 December 2023
£ £ £ £ £
Ms Nele op de Beeck 26,507 - - - 33,349
The above loan is unsecured, interest free and repayable on demand.
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