Acorah Software Products - Accounts Production 15.0.600 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 04957092 M Von Lindenfels S Hulme C Buchan iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04957092 2023-03-31 04957092 2024-03-31 04957092 2023-04-01 2024-03-31 04957092 frs-core:CurrentFinancialInstruments 2024-03-31 04957092 frs-core:ComputerEquipment 2024-03-31 04957092 frs-core:ComputerEquipment 2023-04-01 2024-03-31 04957092 frs-core:ComputerEquipment 2023-03-31 04957092 frs-core:ShareCapital 2024-03-31 04957092 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 04957092 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 04957092 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 04957092 frs-bus:SmallEntities 2023-04-01 2024-03-31 04957092 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 04957092 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 04957092 frs-bus:Director1 2023-04-01 2024-03-31 04957092 frs-bus:Director2 2023-04-01 2024-03-31 04957092 frs-bus:CompanySecretary1 2023-04-01 2024-03-31 04957092 frs-countries:EnglandWales 2023-04-01 2024-03-31 04957092 2022-03-31 04957092 2023-03-31 04957092 2022-04-01 2023-03-31 04957092 frs-core:CurrentFinancialInstruments 2023-03-31 04957092 frs-core:ShareCapital 2023-03-31 04957092 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 04957092
Communications Inc Limited
Financial Statements
For The Year Ended 31 March 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 04957092
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 4,180 4,019
4,180 4,019
CURRENT ASSETS
Debtors 5 236,023 395,895
Cash at bank and in hand 555,115 421,956
791,138 817,851
Creditors: Amounts Falling Due Within One Year 6 (248,677 ) (257,244 )
NET CURRENT ASSETS (LIABILITIES) 542,461 560,607
TOTAL ASSETS LESS CURRENT LIABILITIES 546,641 564,626
NET ASSETS 546,641 564,626
CAPITAL AND RESERVES
Called up share capital 100 100
Profit and Loss Account 546,541 564,526
SHAREHOLDERS' FUNDS 546,641 564,626
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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 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
M Von Lindenfels
Director
S Hulme
Director
28 August 2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Communications Inc Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04957092 . The registered office is 43 Hassocks Road, Hurstpierpoint, West Sussex, BN6 9QL.
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.
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% reducing balance
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.
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.
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.
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 13 (2023: 12)
13 12
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4. Tangible Assets
Computer Equipment
£
Cost
As at 1 April 2023 10,425
Additions 1,554
As at 31 March 2024 11,979
Depreciation
As at 1 April 2023 6,406
Provided during the period 1,393
As at 31 March 2024 7,799
Net Book Value
As at 31 March 2024 4,180
As at 1 April 2023 4,019
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 197,076 319,910
Amounts owed by participating interests - 70
Other debtors 38,947 75,915
236,023 395,895
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 55,300 21,914
Other creditors 78,043 141,620
Taxation and social security 115,334 93,710
248,677 257,244
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