Acorah Software Products - Accounts Production 15.0.500 false true 30 April 2023 1 May 2022 false 1 May 2023 30 April 2024 30 April 2024 04748225 Mrs Sylvia Bourhill Mr Neil Bourhill iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04748225 2023-04-30 04748225 2024-04-30 04748225 2023-05-01 2024-04-30 04748225 frs-core:CurrentFinancialInstruments 2024-04-30 04748225 frs-core:Non-currentFinancialInstruments 2024-04-30 04748225 frs-core:ComputerEquipment 2024-04-30 04748225 frs-core:ComputerEquipment 2023-05-01 2024-04-30 04748225 frs-core:ComputerEquipment 2023-04-30 04748225 frs-core:FurnitureFittings 2024-04-30 04748225 frs-core:FurnitureFittings 2023-05-01 2024-04-30 04748225 frs-core:FurnitureFittings 2023-04-30 04748225 frs-core:ShareCapital 2024-04-30 04748225 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 04748225 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 04748225 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 04748225 frs-bus:SmallEntities 2023-05-01 2024-04-30 04748225 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 04748225 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 04748225 frs-bus:Director1 2023-05-01 2024-04-30 04748225 frs-bus:Director1 2023-04-30 04748225 frs-bus:Director1 2024-04-30 04748225 frs-bus:Director2 2023-05-01 2024-04-30 04748225 frs-bus:Director2 2023-04-30 04748225 frs-bus:Director2 2024-04-30 04748225 frs-core:Non-currentFinancialInstruments 1 2024-04-30 04748225 frs-countries:EnglandWales 2023-05-01 2024-04-30 04748225 2022-04-30 04748225 2023-04-30 04748225 2022-05-01 2023-04-30 04748225 frs-core:CurrentFinancialInstruments 2023-04-30 04748225 frs-core:Non-currentFinancialInstruments 2023-04-30 04748225 frs-core:ShareCapital 2023-04-30 04748225 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30 04748225 frs-core:CurrentFinancialInstruments 1 2023-04-30 04748225 frs-core:Non-currentFinancialInstruments 1 2023-04-30
Registered number: 04748225
Another Answer Limited
Unaudited Financial Statements
For The Year Ended 30 April 2024
Another Answer Ltd
First Floor, Bourne House
Cores End Road
Bourne End
Bucks
SL8 5AR
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 04748225
2024 2023
as restated
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 5,264 4,548
5,264 4,548
CURRENT ASSETS
Debtors 5 25,947 17,250
Cash at bank and in hand 22,518 39,453
48,465 56,703
Creditors: Amounts Falling Due Within One Year 6 (47,172 ) (45,379 )
NET CURRENT ASSETS (LIABILITIES) 1,293 11,324
TOTAL ASSETS LESS CURRENT LIABILITIES 6,557 15,872
Creditors: Amounts Falling Due After More Than One Year 7 (8,396 ) (17,808 )
NET LIABILITIES (1,839 ) (1,936 )
CAPITAL AND RESERVES
Called up share capital 8 2 2
Profit and Loss Account (1,841 ) (1,938 )
SHAREHOLDERS' FUNDS (1,839) (1,936)
Page 1
Page 2
For the year ending 30 April 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
Mrs Sylvia Bourhill
Director
5th August 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
Another Answer Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04748225 . The registered office is First Floor, Bourne House, Cores End road, Bourne End, Bucks, SL8 5AR.
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 10% Straight Line
Computer Equipment 33% Straight Line
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: 9 (2023: 9)
9 9
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Page 4
4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 May 2023 4,508 11,918 16,426
Additions 520 2,359 2,879
Disposals (505 ) (768 ) (1,273 )
As at 30 April 2024 4,523 13,509 18,032
Depreciation
As at 1 May 2023 2,932 8,946 11,878
Provided during the period 421 1,670 2,091
Disposals (433 ) (768 ) (1,201 )
As at 30 April 2024 2,920 9,848 12,768
Net Book Value
As at 30 April 2024 1,603 3,661 5,264
As at 1 May 2023 1,576 2,972 4,548
5. Debtors
2024 2023
as restated
£ £
Due within one year
Trade debtors 5,979 7,589
Prepayments and accrued income 7,674 7,157
Other debtors - 254
Directors' loan accounts 8,744 -
22,397 15,000
Due after more than one year
Rent Deposit 2,250 2,250
Intercompany Loan 1,300 -
3,550 2,250
25,947 17,250
6. Creditors: Amounts Falling Due Within One Year
2024 2023
as restated
£ £
Trade creditors 1,745 3,114
Bank loans and overdrafts 7,750 6,088
Corporation tax 13,899 11,128
Other taxes and social security 2,700 3,045
VAT 21,078 21,940
Other creditors - 64
47,172 45,379
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Page 5
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
as restated
£ £
Bank loans 8,396 17,808
8. Share Capital
2024 2023
as restated
£ £
Allotted, Called up and fully paid 2 2
9. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 May 2023 Amounts advanced Amounts repaid Amounts written off As at 30 April 2024
£ £ £ £ £
Mrs Sylvia Bourhill - 4,372 - - 4,372
Mr Neil Bourhill - 4,372 - - 4,372
The above loan is unsecured, interest free, and repayable on demand.
Dividends paid to directors
2024 2023
£ £
Mrs Sylvia Bourhill 22,150 18,915
Mr Neil Bourhill 22,150 18,915
10. Reserves
Page 5