Acorah Software Products - Accounts Production 15.0.600 false true 31 July 2023 1 August 2022 false 1 August 2023 31 July 2024 31 July 2024 10884603 Mr Benjamin North Ms Rachel North iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10884603 2023-07-31 10884603 2024-07-31 10884603 2023-08-01 2024-07-31 10884603 frs-core:CurrentFinancialInstruments 2024-07-31 10884603 frs-core:Non-currentFinancialInstruments 2024-07-31 10884603 frs-core:ComputerEquipment 2024-07-31 10884603 frs-core:ComputerEquipment 2023-08-01 2024-07-31 10884603 frs-core:ComputerEquipment 2023-07-31 10884603 frs-core:FurnitureFittings 2024-07-31 10884603 frs-core:FurnitureFittings 2023-08-01 2024-07-31 10884603 frs-core:FurnitureFittings 2023-07-31 10884603 frs-core:PlantMachinery 2024-07-31 10884603 frs-core:PlantMachinery 2023-08-01 2024-07-31 10884603 frs-core:PlantMachinery 2023-07-31 10884603 frs-core:ShareCapital 2024-07-31 10884603 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 10884603 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 10884603 frs-bus:FilletedAccounts 2023-08-01 2024-07-31 10884603 frs-bus:SmallEntities 2023-08-01 2024-07-31 10884603 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 10884603 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 10884603 frs-bus:Director1 2023-08-01 2024-07-31 10884603 frs-bus:Director2 2023-08-01 2024-07-31 10884603 frs-countries:EnglandWales 2023-08-01 2024-07-31 10884603 2022-07-31 10884603 2023-07-31 10884603 2022-08-01 2023-07-31 10884603 frs-core:CurrentFinancialInstruments 2023-07-31 10884603 frs-core:Non-currentFinancialInstruments 2023-07-31 10884603 frs-core:ShareCapital 2023-07-31 10884603 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31
Registered number: 10884603
Clipstone Press Limited
Unaudited Financial Statements
For The Year Ended 31 July 2024
FMA Accountants
Chartered Certified Accountants
C/O FMA Online Ltd
Building 3 Chiswick Business Park
566 Chiswick High Road
Chiswick
W4 5YA
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 10884603
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,806 1,445
1,806 1,445
CURRENT ASSETS
Debtors 5 2,979 26,619
Cash at bank and in hand 165,824 62,678
168,803 89,297
Creditors: Amounts Falling Due Within One Year 6 (119,148 ) (52,769 )
NET CURRENT ASSETS (LIABILITIES) 49,655 36,528
TOTAL ASSETS LESS CURRENT LIABILITIES 51,461 37,973
Creditors: Amounts Falling Due After More Than One Year 7 (32,330 ) (37,873 )
NET ASSETS 19,131 100
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 19,031 -
SHAREHOLDERS' FUNDS 19,131 100
Page 1
Page 2
For the year ending 31 July 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 Benjamin North
Director
23/08/2024
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
Clipstone Press Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10884603 . The registered office is C/O FMA Online Ltd, Building 3 Chiswick Business Park, 566 Chiswick High Road, Chiswick, W4 5YA.
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:
Plant & Machinery 25% Straight Line
Fixtures & Fittings 25% Straight Line
Computer Equipment 25% Straight Line
2.4. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
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4. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 August 2023 633 250 2,778 3,661
Additions - - 1,249 1,249
Disposals (633 ) - - (633 )
As at 31 July 2024 - 250 4,027 4,277
Depreciation
As at 1 August 2023 633 36 1,547 2,216
Provided during the period (633 ) 63 825 255
As at 31 July 2024 - 99 2,372 2,471
Net Book Value
As at 31 July 2024 - 151 1,655 1,806
As at 1 August 2023 - 214 1,231 1,445
5. Debtors
2024 2023
£ £
Due within one year
Other debtors 100 100
VAT 2,879 1,378
Directors' loan accounts - 25,141
2,979 26,619
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Corporation tax 42,741 -
Other creditors 76,407 52,769
119,148 52,769
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 32,330 37,873
Page 4
Page 5
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 5