Acorah Software Products - Accounts Production 14.5.601 false true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 11520792 Mr W G Blears Mr A N Kirkcaldy Mr C Kirkcaldy Mr J A Ankers iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11520792 2022-12-31 11520792 2023-12-31 11520792 2023-01-01 2023-12-31 11520792 frs-core:Non-currentFinancialInstruments 2023-12-31 11520792 frs-core:ComputerEquipment 2023-01-01 2023-12-31 11520792 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-01-01 2023-12-31 11520792 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-01-01 2023-12-31 11520792 frs-core:SharePremium 2023-12-31 11520792 frs-core:ShareCapital 2023-12-31 11520792 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 11520792 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 11520792 frs-bus:AbridgedAccounts 2023-01-01 2023-12-31 11520792 frs-bus:SmallEntities 2023-01-01 2023-12-31 11520792 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 11520792 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 11520792 frs-core:CostValuation 2022-12-31 11520792 frs-core:AdditionsToInvestments 2023-12-31 11520792 frs-core:CostValuation 2023-12-31 11520792 frs-bus:Director1 2023-01-01 2023-12-31 11520792 frs-bus:Director2 2023-01-01 2023-12-31 11520792 frs-bus:Director3 2023-01-01 2023-12-31 11520792 frs-bus:Director4 2023-01-01 2023-12-31 11520792 frs-countries:EnglandWales 2023-01-01 2023-12-31 11520792 2021-12-31 11520792 2022-12-31 11520792 2022-01-01 2022-12-31 11520792 frs-core:Non-currentFinancialInstruments 2022-12-31 11520792 frs-core:SharePremium 2022-12-31 11520792 frs-core:ShareCapital 2022-12-31 11520792 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 11520792
By Gamers For Gamers Ltd
Unaudited ABRIDGED Financial Statements
For The Year Ended 31 December 2023
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—4
Page 1
Abridged Balance Sheet
Registered number: 11520792
2023 2022
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 1,108,680 758,575
Tangible Assets 5 23,157 37,099
Investments 6 262,278 245,417
1,394,115 1,041,091
CURRENT ASSETS
Debtors 1,058,778 543,579
Cash at bank and in hand 435,656 77,363
1,494,434 620,942
Creditors: Amounts Falling Due Within One Year (875,344 ) (559,291 )
NET CURRENT ASSETS (LIABILITIES) 619,090 61,651
TOTAL ASSETS LESS CURRENT LIABILITIES 2,013,205 1,102,742
Creditors: Amounts Falling Due After More Than One Year (225,170 ) (141,964 )
NET ASSETS 1,788,035 960,778
CAPITAL AND RESERVES
Called up share capital 7 127 124
Share premium account 1,525,055 1,249,976
Profit and Loss Account 262,853 (289,322 )
SHAREHOLDERS' FUNDS 1,788,035 960,778
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.
All of the company's members have consented to the preparation of an Abridged Balance Sheet for the year end 31 December 2023 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr A N Kirkcaldy
Director
8th September 2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. General Information
By Gamers For Gamers Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11520792 . The registered office is 1b Blackfriars House, Parsonage, Manchester, Greater Manchester, M3 2JA.
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. Intangible Fixed Assets and Amortisation - Other Intangible
Websites are not amortised as the directors believe that there is no reduction in their carrying value.
2.4. 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
Computer Equipment 33% straight line
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.
3. Average Number of Employees
The average number of employees, including directors, during the period was as follows:  34 (2022: 26)
34 26
4. Intangible Assets
Total
£
Cost
As at 1 January 2023 758,575
Additions 350,105
As at 31 December 2023 1,108,680
Net Book Value
As at 31 December 2023 1,108,680
As at 1 January 2023 758,575
Page 3
Page 4
5. Tangible Assets
Total
£
Cost
As at 1 January 2023 114,110
Additions 5,184
As at 31 December 2023 119,294
Depreciation
As at 1 January 2023 77,011
Provided during the period 19,126
As at 31 December 2023 96,137
Net Book Value
As at 31 December 2023 23,157
As at 1 January 2023 37,099
6. Investments
Total
£
Cost
As at 1 January 2023 245,417
Additions 16,861
As at 31 December 2023 262,278
Provision
As at 1 January 2023 -
As at 31 December 2023 -
Net Book Value
As at 31 December 2023 262,278
As at 1 January 2023 245,417
7. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 127 124
Page 4