Acorah Software Products - Accounts Production 15.0.500 false true 31 December 2022 1 January 2021 false 1 January 2023 31 December 2023 31 December 2023 13167333 Mr Aida Ait-Ahmed Ait-Ahmed Mr Jeko Petkov Kolev Mr Jon Ole Ruch iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13167333 2022-12-31 13167333 2023-12-31 13167333 2023-01-01 2023-12-31 13167333 frs-core:CurrentFinancialInstruments 2023-12-31 13167333 frs-core:ComputerEquipment 2023-12-31 13167333 frs-core:ComputerEquipment 2023-01-01 2023-12-31 13167333 frs-core:ComputerEquipment 2022-12-31 13167333 frs-core:SharePremium 2023-12-31 13167333 frs-core:ShareCapital 2023-12-31 13167333 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 13167333 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 13167333 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 13167333 frs-bus:SmallEntities 2023-01-01 2023-12-31 13167333 frs-bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 13167333 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 13167333 frs-bus:Director1 2023-01-01 2023-12-31 13167333 frs-bus:Director2 2023-01-01 2023-12-31 13167333 frs-bus:Director3 2023-01-01 2023-12-31 13167333 frs-countries:EnglandWales 2023-01-01 2023-12-31 13167333 2020-12-31 13167333 2022-12-31 13167333 2021-01-01 2022-12-31 13167333 frs-core:CurrentFinancialInstruments 2022-12-31 13167333 frs-core:SharePremium 2022-12-31 13167333 frs-core:ShareCapital 2022-12-31 13167333 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 13167333
Soho Consulting Group Limited
Unaudited Financial Statements
For The Year Ended 31 December 2023
Fusion Accountants Ltd
Unaudited Financial Statements
Contents
Page
Company Information 1
Accountant's Report 2
Balance Sheet 3
Notes to the Financial Statements 4—5
Page 1
Company Information
Directors Mr Aida Ait-Ahmed Ait-Ahmed
Mr Jeko Petkov Kolev
Mr Jon Ole Ruch
Company Number 13167333
Registered Office Profile West Suite 2, First Floor
950 Great West Road
Brentford
TW8 9ES
Accountants Fusion Accountants Ltd
ICAEW, ATT
Suite 2, First Floor Profile West
950 Great West Road
Brentford
TW8 9ES
Page 1
Page 2
Accountant's Report
Chartered Accountant's report to the directors on the preparation of the unaudited statutory accounts of Soho Consulting Group Limited for the year ended 31 December 2023
In order to assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the accounts of Soho Consulting Group Limited for the year ended 31 December 2023 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 to us.
As a practising member of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/membership/regulations-standards-and-guidance.
This report is made solely to the directors of Soho Consulting Group Limited , as a body, in accordance with the terms of our engagement letter dated . Our work has been undertaken solely to prepare for your approval the accounts of Soho Consulting Group Limited and state those matters that we have agreed to state to the directors of Soho Consulting Group Limited , as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Soho Consulting Group Limited and its directors, as a body, for our work or for this report.
It is your duty to ensure that Soho Consulting Group Limited 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 Soho Consulting Group Limited . You consider that Soho Consulting Group Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit of the accounts of Soho Consulting Group Limited . 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
Fusion Accountants Limited
02/09/2024
Fusion Accountants Ltd
ICAEW, ATT
Suite 2, First Floor Profile West
950 Great West Road
Brentford
TW8 9ES
Page 2
Page 3
Balance Sheet
Registered number: 13167333
31 December 2023 31 December 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 726 1,560
726 1,560
CURRENT ASSETS
Debtors 5 11,055 11,550
Cash at bank and in hand 760,100 226,500
771,155 238,050
Creditors: Amounts Falling Due Within One Year 6 (30,659 ) (51,456 )
NET CURRENT ASSETS (LIABILITIES) 740,496 186,594
TOTAL ASSETS LESS CURRENT LIABILITIES 741,222 188,154
NET ASSETS 741,222 188,154
CAPITAL AND RESERVES
Called up share capital 7 325 325
Share premium account 749,875 749,875
Profit and Loss Account (8,978 ) (562,046 )
SHAREHOLDERS' FUNDS 741,222 188,154
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.
The financial statements were approved by the board of directors on 2 September 2024 and were signed on its behalf by:
Mr Aida Ait-Ahmed Ait-Ahmed
Director
02/09/2024
The notes on pages 4 to 5 form part of these financial statements.
Page 3
Page 4
Notes to the Financial Statements
1. General Information
Soho Consulting Group Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13167333 . The registered office is Profile West Suite 2, First Floor, 950 Great West Road, Brentford, TW8 9ES.
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 3 Years Straight Line Basis
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2022: 3)
3 3
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 January 2023 2,503
As at 31 December 2023 2,503
Depreciation
As at 1 January 2023 943
Provided during the period 834
As at 31 December 2023 1,777
Net Book Value
As at 31 December 2023 726
As at 1 January 2023 1,560
Page 4
Page 5
5. Debtors
31 December 2023 31 December 2022
£ £
Due within one year
Trade debtors 6,143 8,396
Prepayments and accrued income 1,200 -
Other debtors 2,100 1,890
VAT 1,612 1,264
11,055 11,550
6. Creditors: Amounts Falling Due Within One Year
31 December 2023 31 December 2022
£ £
Trade creditors 1,351 206
Other taxes and social security 8,756 -
Net wages 9,373 -
Other creditors - 49,740
Directors' loan accounts 11,179 1,510
30,659 51,456
7. Share Capital
31 December 2023 31 December 2022
£ £
Allotted, Called up and fully paid 325 325
32,500 Ordinary shares of £0.01 each
Page 5