Acorah Software Products - Accounts Production 15.0.600 false true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 13454789 Mr Simon Broomhead Mr Oliver Randell iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13454789 2022-12-31 13454789 2023-12-31 13454789 2023-01-01 2023-12-31 13454789 frs-core:CurrentFinancialInstruments 2023-12-31 13454789 frs-core:Non-currentFinancialInstruments 2023-12-31 13454789 frs-core:FurnitureFittings 2023-12-31 13454789 frs-core:FurnitureFittings 2023-01-01 2023-12-31 13454789 frs-core:FurnitureFittings 2022-12-31 13454789 frs-core:NetGoodwill 2023-12-31 13454789 frs-core:NetGoodwill 2023-01-01 2023-12-31 13454789 frs-core:NetGoodwill 2022-12-31 13454789 frs-core:PlantMachinery 2023-12-31 13454789 frs-core:PlantMachinery 2023-01-01 2023-12-31 13454789 frs-core:PlantMachinery 2022-12-31 13454789 frs-core:ShareCapital 2023-12-31 13454789 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 13454789 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 13454789 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 13454789 frs-bus:SmallEntities 2023-01-01 2023-12-31 13454789 frs-bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 13454789 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 13454789 frs-bus:OrdinaryShareClass1 2023-01-01 2023-12-31 13454789 frs-bus:OrdinaryShareClass1 2023-12-31 13454789 frs-core:DeferredTaxation 2023-01-01 2023-12-31 13454789 frs-core:DeferredTaxation 2022-12-31 13454789 frs-core:DeferredTaxation 2023-12-31 13454789 frs-bus:Director1 2023-01-01 2023-12-31 13454789 frs-bus:Director2 2023-01-01 2023-12-31 13454789 frs-countries:EnglandWales 2023-01-01 2023-12-31 13454789 2021-12-31 13454789 2022-12-31 13454789 2022-01-01 2022-12-31 13454789 frs-core:CurrentFinancialInstruments 2022-12-31 13454789 frs-core:Non-currentFinancialInstruments 2022-12-31 13454789 frs-core:ShareCapital 2022-12-31 13454789 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31 13454789 frs-bus:OrdinaryShareClass1 2022-01-01 2022-12-31
Registered number: 13454789
Active Ems Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2023
Ascendis Group
Chartered Certified Accountants, Taxation and Business Advisors
Unit 3, Building 2, The Colony Wilmslow
Altrincham Road
Wilmslow
Cheshire
SK9 4LY
Contents
Page
Accountant's Report 1
Balance Sheet 2—3
Notes to the Financial Statements 4—7
Page 1
Accountant's Report
Report to the directors on the preparation of the unaudited statutory accounts of Active Ems Ltd for the year ended 31 December 2023
To assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Active Ems Ltd 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 directors of Active Ems Ltd , as a body, in accordance with the terms of our engagement letter dated 05/05/2023. Our work has been undertaken solely to prepare for your approval the accounts of Active Ems Ltd and state those matters that we have agreed to state to the directors of Active Ems Ltd , 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 Active Ems Ltd and its directors as a body for our work or for this report.
It is your duty to ensure that Active Ems Ltd 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 Active Ems Ltd . You consider that Active Ems Ltd 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 Active Ems Ltd . 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
16th August 2024
Ascendis Group
Chartered Certified Accountants, Taxation and Business Advisors
Unit 3, Building 2, The Colony Wilmslow
Altrincham Road
Wilmslow
Cheshire
SK9 4LY
Page 1
Page 2
Balance Sheet
Registered number: 13454789
2023 2022
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 348,374 149,306
Tangible Assets 5 323,435 362,880
671,809 512,186
CURRENT ASSETS
Stocks 6 773,772 917,041
Debtors 7 328,176 145,761
Cash at bank and in hand 19,748 9,884
1,121,696 1,072,686
Creditors: Amounts Falling Due Within One Year 8 (1,200,551 ) (821,516 )
NET CURRENT ASSETS (LIABILITIES) (78,855 ) 251,170
TOTAL ASSETS LESS CURRENT LIABILITIES 592,954 763,356
Creditors: Amounts Falling Due After More Than One Year 9 (573,710 ) (589,487 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (16,458 ) (56,550 )
NET ASSETS 2,786 117,319
CAPITAL AND RESERVES
Called up share capital 11 100 100
Profit and Loss Account 2,686 117,219
SHAREHOLDERS' FUNDS 2,786 117,319
Page 2
Page 3
For the year ending 31 December 2023 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 Oliver Randell
Director
16th August 2024
The notes on pages 4 to 7 form part of these financial statements.
Page 3
Page 4
Notes to the Financial Statements
1. General Information
Active Ems Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13454789 . The registered office is Unit A5/ A6 Chamberhall Business Park, Harvard Road Bury, Bury, Greater Manchester, BL9 0FU.
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.
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 10 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:
Plant & Machinery 10% RBM
Fixtures & Fittings 10% RBM
During the year the director elected to change the depreciation policy as follows: -
Plant & Machinery from 20% RBM to 10% RBM
Fixtures & Fittings from 25% RBM to 10% RBM
The director believes this to be a more commercial estimation technique. 
2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.6. 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.
...CONTINUED
Page 4
Page 5
2.6. Taxation - continued
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: 17 (2022: 18)
17 18
4. Intangible Assets
Goodwill
£
Cost
As at 1 January 2023 159,228
Additions 233,491
As at 31 December 2023 392,719
Amortisation
As at 1 January 2023 9,922
Provided during the period 34,423
As at 31 December 2023 44,345
Net Book Value
As at 31 December 2023 348,374
As at 1 January 2023 149,306
5. Tangible Assets
Plant & Machinery Fixtures & Fittings Total
£ £ £
Cost
As at 1 January 2023 402,541 - 402,541
Additions 20,410 3,081 23,491
Disposals (32,250 ) - (32,250 )
As at 31 December 2023 390,701 3,081 393,782
Depreciation
As at 1 January 2023 39,661 - 39,661
Provided during the period 33,723 215 33,938
Disposals (3,252 ) - (3,252 )
As at 31 December 2023 70,132 215 70,347
Net Book Value
As at 31 December 2023 320,569 2,866 323,435
As at 1 January 2023 362,880 - 362,880
Page 5
Page 6
6. Stocks
2023 2022
£ £
Stock 773,772 917,041
7. Debtors
2023 2022
£ £
Due within one year
Trade debtors 299,754 126,773
Amounts owed by group undertakings 1,039 -
Other debtors 27,383 18,988
328,176 145,761
8. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 841,967 504,731
Amounts owed to participating interests 76,038 60,000
Other creditors 189,668 212,422
Taxation and social security 92,878 44,363
1,200,551 821,516
9. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Other loans 211,619 196,619
Other creditors 362,091 392,868
573,710 589,487
10. Provisions for Liabilities
Deferred Tax Total
£ £
As at 1 January 2023 56,550 56,550
Utilised (40,092 ) (40,092)
Balance at 31 December 2023 16,458 16,458
11. Share Capital
2023 2022
Allotted, called up and fully paid £ £
100 Ordinary Shares of £ 1 each 100 100
12. Related Party Transactions
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.
Page 6
Page 7
13. Debenture
There is a fixed and floating charge, including a negative pledge, registered at Companies House over all present and future assets of the company.  
Page 7