Acorah Software Products - Accounts Production 15.0.600 false true 30 June 2023 1 July 2022 false 1 July 2023 30 June 2024 30 June 2024 04236619 Mr S J Graham Mrs P M Graham iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04236619 2023-06-30 04236619 2024-06-30 04236619 2023-07-01 2024-06-30 04236619 frs-core:CurrentFinancialInstruments 2024-06-30 04236619 frs-core:ComputerEquipment 2023-07-01 2024-06-30 04236619 frs-core:FurnitureFittings 2023-07-01 2024-06-30 04236619 frs-core:PlantMachinery 2024-06-30 04236619 frs-core:PlantMachinery 2023-07-01 2024-06-30 04236619 frs-core:PlantMachinery 2023-06-30 04236619 frs-core:ShareCapital 2024-06-30 04236619 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 04236619 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 04236619 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 04236619 frs-bus:SmallEntities 2023-07-01 2024-06-30 04236619 frs-bus:AuditExemptWithAccountantsReport 2023-07-01 2024-06-30 04236619 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 04236619 frs-bus:Director1 2023-07-01 2024-06-30 04236619 frs-bus:CompanySecretary1 2023-07-01 2024-06-30 04236619 frs-countries:EnglandWales 2023-07-01 2024-06-30 04236619 2022-06-30 04236619 2023-06-30 04236619 2022-07-01 2023-06-30 04236619 frs-core:CurrentFinancialInstruments 2023-06-30 04236619 frs-core:ShareCapital 2023-06-30 04236619 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30
Registered number: 04236619
Coactive Solutions Limited
Financial Statements
For The Year Ended 30 June 2024
Gower Accountancy
Chartered Certified Accountants
Contents
Page
Accountant's Report 1
Balance Sheet 2—3
Notes to the Financial Statements 4—5
Page 1
Accountant's Report
Report to the director on the preparation of the unaudited statutory accounts of Coactive Solutions Limited For The Year Ended 30 June 2024
To assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the accounts of Coactive Solutions Limited which comprise the Profit and Loss Account, the Balance Sheet and the related notes, from the company’s accounting records and from information and explanations you have given us.
As a practising member of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.
This report is made to the director of Coactive Solutions Limited , as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Coactive Solutions Limited and state those matters that we have agreed to state to the director of Coactive Solutions Limited , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Coactive Solutions Limited and its director as a body for our work or for this report.
It is your duty to ensure that Coactive Solutions Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Coactive Solutions Limited . You consider that Coactive Solutions Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Coactive Solutions Limited . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
Signed
19/08/2024
Gower Accountancy
Chartered Certified Accountants
250 Humberstone Road
Leicester
LE5 0EG
Page 1
Page 2
Balance Sheet
Registered number: 04236619
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 784 2,488
784 2,488
CURRENT ASSETS
Debtors 5 13,444 1,653
Cash at bank and in hand 44,025 32,987
57,469 34,640
Creditors: Amounts Falling Due Within One Year 6 (32,521 ) (9,844 )
NET CURRENT ASSETS (LIABILITIES) 24,948 24,796
TOTAL ASSETS LESS CURRENT LIABILITIES 25,732 27,284
PROVISIONS FOR LIABILITIES
Deferred Taxation (149 ) (473 )
NET ASSETS 25,583 26,811
CAPITAL AND RESERVES
Called up share capital 7 1,000 1,000
Profit and Loss Account 24,583 25,811
SHAREHOLDERS' FUNDS 25,583 26,811
Page 2
Page 3
For the year ending 30 June 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 his 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 S J Graham
Director
19/08/2024
The notes on pages 4 to 5 form part of these financial statements.
Page 3
Page 4
Notes to the Financial Statements
1. General Information
Coactive Solutions Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04236619 . The registered office is Old Rectory Main Street, Glenfield, Leicester, LE3 8DG.
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% on cost
Computer Equipment 33.3% on cost
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 year 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 asset reflects 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 4
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4. Tangible Assets
Plant & Machinery etc.
£
Cost
As at 1 July 2023 14,240
Additions 416
Disposals (599 )
As at 30 June 2024 14,057
Depreciation
As at 1 July 2023 11,752
Provided during the period 1,721
Disposals (200 )
As at 30 June 2024 13,273
Net Book Value
As at 30 June 2024 784
As at 1 July 2023 2,488
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 11,676 -
Other debtors 1,768 1,653
13,444 1,653
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 35 137
Other creditors 10,211 9,707
Taxation and social security 22,275 -
32,521 9,844
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1,000 1,000
Page 5