Acorah Software Products - Accounts Production 15.0.600 false true 31 March 2023 1 September 2022 false 1 April 2023 31 March 2024 31 March 2024 11507089 Mrs Jane Platt iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11507089 2023-03-31 11507089 2024-03-31 11507089 2023-04-01 2024-03-31 11507089 frs-core:CurrentFinancialInstruments 2024-03-31 11507089 frs-core:Non-currentFinancialInstruments 2024-03-31 11507089 frs-core:ComputerEquipment 2024-03-31 11507089 frs-core:ComputerEquipment 2023-04-01 2024-03-31 11507089 frs-core:ComputerEquipment 2023-03-31 11507089 frs-core:NetGoodwill 2024-03-31 11507089 frs-core:NetGoodwill 2023-04-01 2024-03-31 11507089 frs-core:NetGoodwill 2023-03-31 11507089 frs-core:ShareCapital 2024-03-31 11507089 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 11507089 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 11507089 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 11507089 frs-bus:SmallEntities 2023-04-01 2024-03-31 11507089 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 11507089 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 11507089 frs-bus:Director1 2023-04-01 2024-03-31 11507089 frs-countries:EnglandWales 2023-04-01 2024-03-31 11507089 2022-08-31 11507089 2023-03-31 11507089 2022-09-01 2023-03-31 11507089 frs-core:CurrentFinancialInstruments 2023-03-31 11507089 frs-core:Non-currentFinancialInstruments 2023-03-31 11507089 frs-core:ShareCapital 2023-03-31 11507089 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 11507089
Concise Financial Services Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 11507089
31 March 2024 31 March 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 553 5,553
Tangible Assets 5 - 63
553 5,616
CURRENT ASSETS
Cash at bank and in hand 6,437 11,318
6,437 11,318
Creditors: Amounts Falling Due Within One Year 6 (5,158 ) (12,372 )
NET CURRENT ASSETS (LIABILITIES) 1,279 (1,054 )
TOTAL ASSETS LESS CURRENT LIABILITIES 1,832 4,562
Creditors: Amounts Falling Due After More Than One Year 7 (1,816 ) (3,347 )
NET ASSETS 16 1,215
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account (84 ) 1,115
SHAREHOLDERS' FUNDS 16 1,215
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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 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
Mrs Jane Platt
Director
30/07/2024
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
Concise Financial Services Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11507089 . The registered office is 435 Chester Road, Old Trafford , Manchester, M16 9HA.
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.
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.
Revenue recognition
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 .... 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 25%
2.5. Financial Instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.
2.6. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
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3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Intangible Assets
Goodwill
£
Cost
As at 1 April 2023 28,470
As at 31 March 2024 28,470
Amortisation
As at 1 April 2023 22,917
Provided during the period 5,000
As at 31 March 2024 27,917
Net Book Value
As at 31 March 2024 553
As at 1 April 2023 5,553
5. Tangible Assets
Computer Equipment
£
Cost
As at 1 April 2023 1,590
As at 31 March 2024 1,590
Depreciation
As at 1 April 2023 1,527
Provided during the period 63
As at 31 March 2024 1,590
Net Book Value
As at 31 March 2024 -
As at 1 April 2023 63
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6. Creditors: Amounts Falling Due Within One Year
31 March 2024 31 March 2023
£ £
Trade creditors 1 (1 )
Bank loans and overdrafts 1,531 1,428
Corporation tax 2,161 5,325
Other taxes and social security 127 66
Accruals and deferred income 1,248 1,020
Director's loan account 90 4,534
5,158 12,372
7. Creditors: Amounts Falling Due After More Than One Year
31 March 2024 31 March 2023
£ £
Bank loans > 1 yr 1,816 3,347
8. Share Capital
31 March 2024 31 March 2023
£ £
Allotted, Called up and fully paid 100 100
9. Dividends
31 March 2024 31 March 2023
£ £
On equity shares:
Final dividend paid 5,350 2,000
10. Related Party Transactions
The company was under the control of the director throught the year. Mrs J Platt is the managing director and sole shareholder of the company. During the year the company paid Mrs Platt £502.5 (PY:£502.5) as contribution towards the cost of operating the business from her premises.
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