Acorah Software Products - Accounts Production 14.6.300 false true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 07462171 Miss Rebecca Brownlee iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07462171 2022-12-31 07462171 2023-12-31 07462171 2023-01-01 2023-12-31 07462171 frs-core:CurrentFinancialInstruments 2023-12-31 07462171 frs-core:Non-currentFinancialInstruments 2023-12-31 07462171 frs-core:ComputerEquipment 2023-12-31 07462171 frs-core:ComputerEquipment 2023-01-01 2023-12-31 07462171 frs-core:ComputerEquipment 2022-12-31 07462171 frs-core:NetGoodwill 2023-12-31 07462171 frs-core:NetGoodwill 2023-01-01 2023-12-31 07462171 frs-core:NetGoodwill 2022-12-31 07462171 frs-core:MotorVehicles 2023-01-01 2023-12-31 07462171 frs-core:PlantMachinery 2023-12-31 07462171 frs-core:PlantMachinery 2023-01-01 2023-12-31 07462171 frs-core:PlantMachinery 2022-12-31 07462171 frs-core:ShareCapital 2023-12-31 07462171 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 07462171 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 07462171 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 07462171 frs-bus:SmallEntities 2023-01-01 2023-12-31 07462171 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 07462171 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 07462171 frs-bus:Director1 2023-01-01 2023-12-31 07462171 frs-countries:EnglandWales 2023-01-01 2023-12-31 07462171 2021-12-31 07462171 2022-12-31 07462171 2022-01-01 2022-12-31 07462171 frs-core:CurrentFinancialInstruments 2022-12-31 07462171 frs-core:Non-currentFinancialInstruments 2022-12-31 07462171 frs-core:ShareCapital 2022-12-31 07462171 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 07462171
B&L Accountants Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2023
B&L Accountants Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 07462171
2023 2022
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 11,400 -
11,400 -
CURRENT ASSETS
Debtors 6 2,655 5,345
Cash at bank and in hand 30,277 36,544
32,932 41,889
Creditors: Amounts Falling Due Within One Year 7 (34,034 ) (28,431 )
NET CURRENT ASSETS (LIABILITIES) (1,102 ) 13,458
TOTAL ASSETS LESS CURRENT LIABILITIES 10,298 13,458
Creditors: Amounts Falling Due After More Than One Year 8 (4,269 ) (8,883 )
NET ASSETS 6,029 4,575
CAPITAL AND RESERVES
Called up share capital 9 1 1
Profit and Loss Account 6,028 4,574
SHAREHOLDERS' FUNDS 6,029 4,575
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 member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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
Miss Rebecca Brownlee
Director
03/09/2024
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
B&L Accountants Ltd Registered number 07462171 is a limited by shares company incorporated in England & Wales. The Registered Office is Old School, St Johns Road, Dudley, West Midlands, DY2 7JT.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
2.2. Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
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 .... years.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. 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%
Motor Vehicles 10%
Computer Equipment 20%
2.5. Taxation
The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.
2.6. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2022: 1)
1 1
4. Intangible Assets
Goodwill
£
Cost
As at 1 January 2023 -
Additions 12,000
As at 31 December 2023 12,000
Amortisation
As at 1 January 2023 -
Provided during the period 600
As at 31 December 2023 600
Net Book Value
As at 31 December 2023 11,400
As at 1 January 2023 -
Page 3
Page 4
5. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 1 January 2023 273 4,613 4,886
As at 31 December 2023 273 4,613 4,886
Depreciation
As at 1 January 2023 273 4,613 4,886
As at 31 December 2023 273 4,613 4,886
Net Book Value
As at 31 December 2023 - - -
As at 1 January 2023 - - -
6. Debtors
2023 2022
£ £
Due within one year
Trade debtors 2,655 5,345
7. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 1,499 -
Corporation tax 8,621 7,910
Other creditors 6,680 5,680
Director's loan account 17,234 14,841
34,034 28,431
8. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans 4,269 8,883
9. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 1 1
10. Directors Advances, Credits and Guarantees
Dividends paid to directors
2023 2022
£ £
Miss Rebecca Brownlee 17,000 16,500
Page 4
Page 5
11. Dividends
2023 2022
£ £
On equity shares:
Final dividend paid 17,000 16,500
Page 5