Acorah Software Products - Accounts Production 15.0.600 false true 31 January 2023 1 February 2022 false 1 February 2023 31 January 2024 31 January 2024 06475862 Mr Mark Brown Mr Shaun Bye Mr Mark Brown iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06475862 2023-01-31 06475862 2024-01-31 06475862 2023-02-01 2024-01-31 06475862 frs-core:CurrentFinancialInstruments 2024-01-31 06475862 frs-core:Non-currentFinancialInstruments 2024-01-31 06475862 frs-core:BetweenOneFiveYears 2024-01-31 06475862 frs-core:ComputerEquipment 2024-01-31 06475862 frs-core:ComputerEquipment 2023-02-01 2024-01-31 06475862 frs-core:ComputerEquipment 2023-01-31 06475862 frs-core:FurnitureFittings 2024-01-31 06475862 frs-core:FurnitureFittings 2023-02-01 2024-01-31 06475862 frs-core:FurnitureFittings 2023-01-31 06475862 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-01-31 06475862 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-02-01 2024-01-31 06475862 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-01-31 06475862 frs-core:MotorVehicles 2024-01-31 06475862 frs-core:MotorVehicles 2023-02-01 2024-01-31 06475862 frs-core:MotorVehicles 2023-01-31 06475862 frs-core:WithinOneYear 2024-01-31 06475862 frs-core:ShareCapital 2024-01-31 06475862 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 06475862 frs-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 06475862 frs-bus:FilletedAccounts 2023-02-01 2024-01-31 06475862 frs-bus:SmallEntities 2023-02-01 2024-01-31 06475862 frs-bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 06475862 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 06475862 frs-bus:OrdinaryShareClass2 2023-02-01 2024-01-31 06475862 frs-bus:OrdinaryShareClass2 2024-01-31 06475862 frs-bus:OrdinaryShareClass3 2023-02-01 2024-01-31 06475862 frs-bus:OrdinaryShareClass3 2024-01-31 06475862 frs-bus:OrdinaryShareClass4 2023-02-01 2024-01-31 06475862 frs-bus:OrdinaryShareClass4 2024-01-31 06475862 frs-bus:OrdinaryShareClass5 2023-02-01 2024-01-31 06475862 frs-bus:OrdinaryShareClass5 2024-01-31 06475862 frs-bus:Director1 2023-02-01 2024-01-31 06475862 frs-bus:Director2 2023-02-01 2024-01-31 06475862 frs-bus:CompanySecretary1 2023-02-01 2024-01-31 06475862 1 2023-02-01 2024-01-31 06475862 2 2023-02-01 2024-01-31 06475862 frs-countries:EnglandWales 2023-02-01 2024-01-31 06475862 2022-01-31 06475862 2023-01-31 06475862 2022-02-01 2023-01-31 06475862 frs-core:CurrentFinancialInstruments 2023-01-31 06475862 frs-core:Non-currentFinancialInstruments 2023-01-31 06475862 frs-core:BetweenOneFiveYears 2023-01-31 06475862 frs-core:WithinOneYear 2023-01-31 06475862 frs-core:ShareCapital 2023-01-31 06475862 frs-core:RetainedEarningsAccumulatedLosses 2023-01-31 06475862 frs-bus:OrdinaryShareClass2 2022-02-01 2023-01-31 06475862 frs-bus:OrdinaryShareClass3 2022-02-01 2023-01-31 06475862 frs-bus:OrdinaryShareClass4 2022-02-01 2023-01-31 06475862 frs-bus:OrdinaryShareClass5 2022-02-01 2023-01-31 06475862 1 2022-02-01 2023-01-31 06475862 2 2022-02-01 2023-01-31
Registered number: 06475862
Core Control Solutions Limited
Unaudited Financial Statements
For The Year Ended 31 January 2024
Association of Chartered Certified Accountants (ACCA)
Key Accountants
Office 5, The Forest Rock Offices
Leicester Road, Whitwick
Leicestershire
LE67 5GQ
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 06475862
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 143,863 153,211
143,863 153,211
CURRENT ASSETS
Debtors 5 927,752 1,410,887
Cash at bank and in hand 3,173,115 1,094,360
4,100,867 2,505,247
Creditors: Amounts Falling Due Within One Year 6 (1,889,956 ) (908,583 )
NET CURRENT ASSETS (LIABILITIES) 2,210,911 1,596,664
TOTAL ASSETS LESS CURRENT LIABILITIES 2,354,774 1,749,875
Creditors: Amounts Falling Due After More Than One Year 7 (1,576 ) (24,202 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (10,250 ) (7,079 )
NET ASSETS 2,342,948 1,718,594
CAPITAL AND RESERVES
Called up share capital 10 100 100
Profit and Loss Account 2,342,848 1,718,494
SHAREHOLDERS' FUNDS 2,342,948 1,718,594
Page 1
Page 2
For the year ending 31 January 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 Mark Brown
Director
2nd September 2024
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Core Control Solutions Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06475862 . The registered office is Plot 1 Littlewell Lane, Stanton-By-Dale, Ilkeston, DE7 4QW.
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:
Leasehold 20% Straight Line
Motor Vehicles 25% Straight Line
Fixtures & Fittings 33% Straight Line
Computer Equipment 33% Straight Line
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
2.5. 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.
Page 3
Page 4
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 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:
2024 2023
Directors, office and administration 6 6
Sales, marketing and distribution 32 24
38 30
4. Tangible Assets
Land & Property
Leasehold Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 February 2023 74,976 207,444 23,816 65,208 371,444
Additions - 44,300 2,571 30,945 77,816
Disposals - (31,509 ) - - (31,509 )
As at 31 January 2024 74,976 220,235 26,387 96,153 417,751
Depreciation
As at 1 February 2023 70,323 110,973 5,813 31,124 218,233
Provided during the period 997 42,231 8,343 19,840 71,411
Disposals - (15,756 ) - - (15,756 )
As at 31 January 2024 71,320 137,448 14,156 50,964 273,888
Net Book Value
As at 31 January 2024 3,656 82,787 12,231 45,189 143,863
As at 1 February 2023 4,653 96,471 18,003 34,084 153,211
Page 4
Page 5
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 843,408 1,173,917
Prepayments and accrued income 84,344 232,049
VAT - 4,921
927,752 1,410,887
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 19,086 35,532
Trade creditors 902,086 433,273
Corporation tax 640,739 268,216
Other taxes and social security 43,731 33,938
VAT 25,401 -
Other creditors - 2,708
Accruals and deferred income 240,101 133,494
Directors' loan accounts 18,812 1,422
1,889,956 908,583
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 1,576 24,202
8. Secured Creditors
Of the creditors the following amounts are secured.
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 20,662 59,734
9. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 19,086 35,532
Later than one year and not later than five years 1,576 24,202
20,662 59,734
20,662 59,734
Page 5
Page 6
10. Share Capital
2024 2023
Allotted, called up and fully paid £ £
40 Ordinary A shares of £ 1.00 each 40 40
40 Ordinary B shares of £ 1.00 each 40 40
10 Ordinary C shares of £ 1.00 each 10 10
10 Ordinary D shares of £ 1.00 each 10 10
100 100
Page 6