Acorah Software Products - Accounts Production 15.0.600 false true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 12251025 Mr Garth Christie Mr Neil Christie iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12251025 2022-12-31 12251025 2023-12-31 12251025 2023-01-01 2023-12-31 12251025 frs-core:CurrentFinancialInstruments 2023-12-31 12251025 frs-core:ShareCapital 2023-12-31 12251025 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 12251025 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 12251025 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 12251025 frs-bus:SmallEntities 2023-01-01 2023-12-31 12251025 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 12251025 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 12251025 frs-core:UnlistedNon-exchangeTraded 2023-12-31 12251025 frs-core:UnlistedNon-exchangeTraded 2022-12-31 12251025 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2022-12-31 12251025 frs-core:AdditionsToInvestments frs-core:UnlistedNon-exchangeTraded 2023-12-31 12251025 frs-core:DisposalsRepaymentsInvestments frs-core:UnlistedNon-exchangeTraded 2023-12-31 12251025 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-12-31 12251025 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2022-12-31 12251025 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-12-31 12251025 frs-bus:Director1 2023-01-01 2023-12-31 12251025 frs-bus:Director2 2023-01-01 2023-12-31 12251025 frs-countries:EnglandWales 2023-01-01 2023-12-31 12251025 2021-12-31 12251025 2022-12-31 12251025 2022-01-01 2022-12-31 12251025 frs-core:CurrentFinancialInstruments 2022-12-31 12251025 frs-core:ShareCapital 2022-12-31 12251025 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 12251025
Extremus Limited
Unaudited Financial Statements
For The Year Ended 31 December 2023
Montacs
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 12251025
2023 2022
Notes £ £ £ £
FIXED ASSETS
Investments 4 1,059,455 1,197,770
1,059,455 1,197,770
CURRENT ASSETS
Debtors 5 100,030 28
Cash at bank and in hand 320 414
100,350 442
Creditors: Amounts Falling Due Within One Year 6 (879,938 ) (746,321 )
NET CURRENT ASSETS (LIABILITIES) (779,588 ) (745,879 )
TOTAL ASSETS LESS CURRENT LIABILITIES 279,867 451,891
NET ASSETS 279,867 451,891
CAPITAL AND RESERVES
Called up share capital 7 28 28
Profit and Loss Account 279,839 451,863
SHAREHOLDERS' FUNDS 279,867 451,891
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
Mr Neil Christie
Director
31/07/2024
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
Extremus Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12251025 . The registered office is Mill House, Troy Road, Horsforth, Leeds, West Yorkshire, LS18 5HE.
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. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2022: NIL)
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Page 3
Page 4
4. Investments
Unlisted
£
Cost
As at 1 January 2023 1,197,770
Additions 1,492,337
Disposals (1,630,652 )
As at 31 December 2023 1,059,455
Provision
As at 1 January 2023 -
As at 31 December 2023 -
Net Book Value
As at 31 December 2023 1,059,455
As at 1 January 2023 1,197,770
5. Debtors
2023 2022
£ £
Due within one year
Other debtors 100,030 28
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Amounts owed to group undertakings 525,000 475,000
Other creditors 4,528 2,268
Taxation and social security 350,410 269,053
879,938 746,321
7. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 28 28
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