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 SC352775 Mr Ebiereki-Ndu Ugo iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC352775 2022-12-31 SC352775 2023-12-31 SC352775 2023-01-01 2023-12-31 SC352775 frs-core:CurrentFinancialInstruments 2023-12-31 SC352775 frs-core:Non-currentFinancialInstruments 2023-12-31 SC352775 frs-core:FurnitureFittings 2023-12-31 SC352775 frs-core:FurnitureFittings 2023-01-01 2023-12-31 SC352775 frs-core:FurnitureFittings 2022-12-31 SC352775 frs-core:ShareCapital 2023-12-31 SC352775 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 SC352775 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 SC352775 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 SC352775 frs-bus:SmallEntities 2023-01-01 2023-12-31 SC352775 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 SC352775 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 SC352775 frs-bus:Director1 2023-01-01 2023-12-31 SC352775 frs-core:Non-currentFinancialInstruments 1 2023-12-31 SC352775 frs-countries:Scotland 2023-01-01 2023-12-31 SC352775 2021-12-31 SC352775 2022-12-31 SC352775 2022-01-01 2022-12-31 SC352775 frs-core:CurrentFinancialInstruments 2022-12-31 SC352775 frs-core:Non-currentFinancialInstruments 2022-12-31 SC352775 frs-core:ShareCapital 2022-12-31 SC352775 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31 SC352775 frs-core:Non-currentFinancialInstruments 1 2022-12-31
Registered number: SC352775
Centrexcard Limited
Financial Statements
For The Year Ended 31 December 2023
Adams & Moore Ltd
Adams & Moore House
Instone Road
Dartford
DA1 2AG
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: SC352775
2023 2022
Notes £ £ £ £
FIXED ASSETS
CURRENT ASSETS
Debtors 5 804,200 805,599
Cash at bank and in hand 8,094 16
812,294 805,615
Creditors: Amounts Falling Due Within One Year 6 (76,830 ) (60,253 )
NET CURRENT ASSETS (LIABILITIES) 735,464 745,362
TOTAL ASSETS LESS CURRENT LIABILITIES 735,464 745,362
NET ASSETS 735,464 745,362
CAPITAL AND RESERVES
Called up share capital 7 800,000 800,000
Profit and Loss Account (64,536 ) (54,638 )
SHAREHOLDERS' FUNDS 735,464 745,362
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 his 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 Ebiereki-Ndu Ugo
Director
06/09/2024
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Centrexcard Limited is a private company, limited by shares, incorporated in Scotland, registered number SC352775 . The registered office is 1037 Sauchiehall Street, Glasgow, G3 7TZ.
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:
Fixtures & Fittings 10% straight line basis
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2022: 1)
1 1
4. Tangible Assets
Fixtures & Fittings
£
Cost
As at 1 January 2023 13,667
As at 31 December 2023 13,667
Depreciation
As at 1 January 2023 13,667
As at 31 December 2023 13,667
Net Book Value
As at 31 December 2023 -
As at 1 January 2023 -
Page 2
Page 3
5. Debtors
2023 2022
£ £
Due within one year
Director's loan account - 1,399
Due after more than one year
Called up share capital not paid - non-current 799,000 799,000
Amounts owed by other participating interests 5,200 5,200
804,200 804,200
804,200 805,599
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors - 4,104
Corporation tax 31,667 29,949
Accruals and deferred income 1,350 1,200
Director's loan account 18,813 -
Amounts owed to other participating interests 25,000 25,000
76,830 60,253
7. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 800,000 800,000
Page 3