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 SC684298 Mr Christopher Landles true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC684298 2022-12-31 SC684298 2023-12-31 SC684298 2023-01-01 2023-12-31 SC684298 frs-core:CurrentFinancialInstruments 2023-12-31 SC684298 frs-core:Non-currentFinancialInstruments 2023-12-31 SC684298 frs-core:ComputerEquipment 2023-12-31 SC684298 frs-core:ComputerEquipment 2023-01-01 2023-12-31 SC684298 frs-core:ComputerEquipment 2022-12-31 SC684298 frs-core:ShareCapital 2023-12-31 SC684298 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 SC684298 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 SC684298 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 SC684298 frs-bus:SmallEntities 2023-01-01 2023-12-31 SC684298 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 SC684298 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 SC684298 1 2023-01-01 2023-12-31 SC684298 frs-bus:Director1 2023-01-01 2023-12-31 SC684298 frs-countries:Scotland 2023-01-01 2023-12-31 SC684298 2021-12-31 SC684298 2022-12-31 SC684298 2022-01-01 2022-12-31 SC684298 frs-core:CurrentFinancialInstruments 2022-12-31 SC684298 frs-core:Non-currentFinancialInstruments 2022-12-31 SC684298 frs-core:ShareCapital 2022-12-31 SC684298 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: SC684298
Coached By Chris Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2023
Calculus Accountants (Scotland) Ltd
10 Avonhead Road
Condorrat
Glasgow
G67 4RA
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: SC684298
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 364 455
364 455
CURRENT ASSETS
Debtors 5 9,057 8,589
Cash at bank and in hand 446 -
9,503 8,589
Creditors: Amounts Falling Due Within One Year 6 (7,157 ) (5,958 )
NET CURRENT ASSETS (LIABILITIES) 2,346 2,631
TOTAL ASSETS LESS CURRENT LIABILITIES 2,710 3,086
Creditors: Amounts Falling Due After More Than One Year 7 (1,400 ) (2,800 )
NET ASSETS 1,310 286
CAPITAL AND RESERVES
Called up share capital 8 1 1
Profit and Loss Account 1,309 285
SHAREHOLDERS' FUNDS 1,310 286
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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 Christopher Landles
Director
12/09/2024
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
Coached By Chris Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC684298 . The registered office is 69 Kirkton Crescent, Coatbridge, ML5 4TP.
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, if relevant. Turnover includes revenue earned from the sale of goods and from the rendering of services. 
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:
Computer Equipment 20% - reducing balance basis
2.4. 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: 1 (2022: 1)
1 1
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 January 2023 624
As at 31 December 2023 624
Depreciation
As at 1 January 2023 169
Provided during the period 91
As at 31 December 2023 260
...CONTINUED
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Net Book Value
As at 31 December 2023 364
As at 1 January 2023 455
5. Debtors
2023 2022
£ £
Due within one year
Director's loan account 9,057 8,589
The directors loan account is unsecured, interest free and was repaid post year end.
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 636 -
Other loans - Enterprise Fund 1,400 1,400
Corporation tax 4,191 3,388
Accrued charges 930 1,170
7,157 5,958
The loan from Enterprise Fund is unsecured and repayable monthly at a fixed discounted interest rate.
7. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Other loan - Enterprise Fund 1,400 2,800
The loan from Enterprise Fund is unsecured and payable monthly at a discounted interest rate.
8. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 1 1
9. Ultimate Controlling Party
The company's ultimate controlling party is the director by virtue of his ownership of 100% of the issued share capital in the company.
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