Acorah Software Products - Accounts Production 14.6.300 false true false 21 November 2022 30 April 2024 30 April 2024 14496929 Mr Alexander Williamson Ms Areeya Williamson Mr Alexander Williamson and Ms Areeya Williamson true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14496929 2022-11-20 14496929 2024-04-30 14496929 2022-11-21 2024-04-30 14496929 frs-core:CurrentFinancialInstruments 2024-04-30 14496929 frs-core:ComputerEquipment 2024-04-30 14496929 frs-core:ComputerEquipment 2022-11-21 2024-04-30 14496929 frs-core:ComputerEquipment 2022-11-20 14496929 frs-core:ShareCapital 2024-04-30 14496929 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 14496929 frs-bus:PrivateLimitedCompanyLtd 2022-11-21 2024-04-30 14496929 frs-bus:FilletedAccounts 2022-11-21 2024-04-30 14496929 frs-bus:SmallEntities 2022-11-21 2024-04-30 14496929 frs-bus:AuditExempt-NoAccountantsReport 2022-11-21 2024-04-30 14496929 frs-bus:SmallCompaniesRegimeForAccounts 2022-11-21 2024-04-30 14496929 frs-bus:OrdinaryShareClass1 2022-11-21 2024-04-30 14496929 frs-bus:OrdinaryShareClass1 2024-04-30 14496929 frs-bus:OrdinaryShareClass3 2022-11-21 2024-04-30 14496929 frs-bus:OrdinaryShareClass3 2024-04-30 14496929 frs-bus:OrdinaryShareClass4 2022-11-21 2024-04-30 14496929 frs-bus:OrdinaryShareClass4 2024-04-30 14496929 1 2022-11-21 2024-04-30 14496929 frs-bus:Director1 2022-11-21 2024-04-30 14496929 frs-bus:Director2 2022-11-21 2024-04-30 14496929 frs-countries:EnglandWales 2022-11-21 2024-04-30
Registered number: 14496929
C3 Labs Ltd
Unaudited Financial Statements
For the Period 21 November 2022 to 30 April 2024
Ten Forward Accounting Ltd
Chartered Certified Accountants
1 Mountview Court
310 Friern Barnet Lane
London
N20 0LD
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 14496929
30 April 2024
Notes £ £
FIXED ASSETS
Tangible Assets 4 3,799
3,799
CURRENT ASSETS
Debtors 5 53,509
Cash at bank and in hand 41,320
94,829
Creditors: Amounts Falling Due Within One Year 6 (21,723 )
NET CURRENT ASSETS (LIABILITIES) 73,106
TOTAL ASSETS LESS CURRENT LIABILITIES 76,905
NET ASSETS 76,905
CAPITAL AND RESERVES
Called up share capital 7 102
Profit and Loss Account 76,803
SHAREHOLDERS' FUNDS 76,905
For the period 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
Mr Alexander Williamson
Director
20 August 2024
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
C3 Labs Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14496929 . The registered office is 1 Mountview Court, 310 Friern Barnet Lane, London, N20 0LD.
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:
Computer Equipment 25% Straight Line Basis
2.4. Financial Instruments
A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. 
Debt instruments are subsequently measured at amortised cost.
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.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 2
2
Page 2
Page 3
4. Tangible Assets
Computer Equipment
£
Cost
As at 21 November 2022 5,945
As at 30 April 2024 5,945
Depreciation
As at 21 November 2022 2,146
As at 30 April 2024 2,146
Net Book Value
As at 30 April 2024 3,799
As at 21 November 2022 3,799
5. Debtors
30 April 2024
£
Due within one year
Other debtors 50,000
Other taxes and social security 3,509
53,509
6. Creditors: Amounts Falling Due Within One Year
30 April 2024
£
Corporation tax 19,790
Directors' loan accounts 1,933
21,723
7. Share Capital
30 April 2024
Allotted, called up and fully paid £
100 Ordinary Shares of £ 1.00 each 100
1 Ordinary B shares of £ 1.00 each 1
1 Ordinary C shares of £ 1.00 each 1
102
Shares issued during the period: £
100 Ordinary Shares of £ 1.00 each 100
1 Ordinary B shares of £ 1.00 each 1
1 Ordinary C shares of £ 1.00 each 1
102
8. Ultimate Controlling Party
The company's ultimate controlling party is Mr Alexander Williamson and Ms Areeya Williamson by virtue of his ownership of 100% of the issued share capital in the company.
Page 3