Acorah Software Products - Accounts Production 14.6.300 false true 31 December 2022 1 October 2021 false 1 January 2023 31 December 2023 31 December 2023 12865558 Robin Hartley Christopher Iveson Bartholomew Simpson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12865558 2022-12-31 12865558 2023-12-31 12865558 2023-01-01 2023-12-31 12865558 frs-core:CurrentFinancialInstruments 2023-12-31 12865558 frs-core:ComputerEquipment 2023-12-31 12865558 frs-core:ComputerEquipment 2023-01-01 2023-12-31 12865558 frs-core:ComputerEquipment 2022-12-31 12865558 frs-core:FurnitureFittings 2023-12-31 12865558 frs-core:FurnitureFittings 2023-01-01 2023-12-31 12865558 frs-core:FurnitureFittings 2022-12-31 12865558 frs-core:PlantMachinery 2023-12-31 12865558 frs-core:PlantMachinery 2023-01-01 2023-12-31 12865558 frs-core:PlantMachinery 2022-12-31 12865558 frs-core:SharePremium 2023-12-31 12865558 frs-core:ShareCapital 2023-12-31 12865558 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 12865558 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 12865558 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 12865558 frs-bus:SmallEntities 2023-01-01 2023-12-31 12865558 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 12865558 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 12865558 frs-bus:OrdinaryShareClass1 2023-01-01 2023-12-31 12865558 frs-bus:OrdinaryShareClass1 2023-12-31 12865558 frs-bus:OrdinaryShareClass2 2023-01-01 2023-12-31 12865558 frs-bus:OrdinaryShareClass2 2023-12-31 12865558 frs-bus:OrdinaryShareClass3 2023-01-01 2023-12-31 12865558 frs-bus:OrdinaryShareClass3 2023-12-31 12865558 frs-bus:Director1 2023-01-01 2023-12-31 12865558 frs-bus:Director2 2023-01-01 2023-12-31 12865558 frs-bus:Director3 2023-01-01 2023-12-31 12865558 frs-countries:EnglandWales 2023-01-01 2023-12-31 12865558 2021-09-30 12865558 2022-12-31 12865558 2021-10-01 2022-12-31 12865558 frs-core:CurrentFinancialInstruments 2022-12-31 12865558 frs-core:SharePremium 2022-12-31 12865558 frs-core:ShareCapital 2022-12-31 12865558 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31 12865558 frs-bus:OrdinaryShareClass1 2021-10-01 2022-12-31 12865558 frs-bus:OrdinaryShareClass2 2021-10-01 2022-12-31 12865558 frs-bus:OrdinaryShareClass3 2021-10-01 2022-12-31
Registered number: 12865558
Fourjaw Manufacturing Analytics Ltd
Financial Statements
For The Year Ended 31 December 2023
Gravitate Accounting
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 12865558
31 December 2023 31 December 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 202,228 39,158
202,228 39,158
CURRENT ASSETS
Stocks 5 106,423 41,439
Debtors 6 297,138 235,504
Cash at bank and in hand 1,442,035 496,151
1,845,596 773,094
Creditors: Amounts Falling Due Within One Year 7 (196,171 ) (145,191 )
NET CURRENT ASSETS (LIABILITIES) 1,649,425 627,903
TOTAL ASSETS LESS CURRENT LIABILITIES 1,851,653 667,061
NET ASSETS 1,851,653 667,061
CAPITAL AND RESERVES
Called up share capital 8 153 117
Share premium account 3,110,728 1,284,349
Profit and Loss Account (1,259,228 ) (617,405 )
SHAREHOLDERS' FUNDS 1,851,653 667,061
Page 1
Page 2
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
Christopher Iveson
Director
29/08/2024
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
Fourjaw Manufacturing Analytics Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12865558 . The registered office is FourJaw Manufacturing, 4 Joiner Street, Sheffield, South Yorkshire, S3 8GW.
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 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:
Plant & Machinery 20% SLM
Fixtures & Fittings 50% SLM
Computer Equipment 33.33% SLM
2.4. 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.
2.5. 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.
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.
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.
Page 3
Page 4
2.7. 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.
2.8. Government Grant
Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.
Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.
Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.
All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 19 (2022: 11)
19 11
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 January 2023 3,957 23,052 24,237 51,246
Additions 4,245 244,176 10,030 258,451
As at 31 December 2023 8,202 267,228 34,267 309,697
Depreciation
As at 1 January 2023 923 2,755 8,410 12,088
Provided during the period 1,151 85,610 8,620 95,381
As at 31 December 2023 2,074 88,365 17,030 107,469
Net Book Value
As at 31 December 2023 6,128 178,863 17,237 202,228
As at 1 January 2023 3,034 20,297 15,827 39,158
5. Stocks
31 December 2023 31 December 2022
£ £
Stock 106,423 41,439
6. Debtors
31 December 2023 31 December 2022
£ £
Due within one year
Trade debtors 195,621 63,366
Prepayments and accrued income 4,021 11,408
Other debtors 7,331 99,088
Corporation tax recoverable assets 90,165 59,723
VAT - 1,919
297,138 235,504
Page 4
Page 5
7. Creditors: Amounts Falling Due Within One Year
31 December 2023 31 December 2022
£ £
Trade creditors 70,342 42,209
VAT 10,858 -
Other creditors 4,970 1,974
Accruals and deferred income 110,001 101,008
196,171 145,191
8. Share Capital
31 December 2023 31 December 2022
Allotted, called up and fully paid £ £
710,000 Ordinary Shares of £ 0.0001 each 71 71
455,147 Ordinary A shares of £ 0.0001 each 46 46
360,251 Ordinary B shares of £ 0.0001 each 36 -
153 117
Shares issued during the period: £
360,251 Ordinary B shares of £ 0.0001 each 36
Page 5