Acorah Software Products - Accounts Production 15.0.600 false true 30 June 2023 1 July 2022 false 1 July 2023 30 June 2024 30 June 2024 00244228 Mr C Bryan Mr D Cave Mr D J Prince Mrs K Wilson Mr B D Smith iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 00244228 2023-06-30 00244228 2024-06-30 00244228 2023-07-01 2024-06-30 00244228 frs-core:CurrentFinancialInstruments 2024-06-30 00244228 frs-core:ComputerEquipment 2024-06-30 00244228 frs-core:ComputerEquipment 2023-07-01 2024-06-30 00244228 frs-core:ComputerEquipment 2023-06-30 00244228 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-07-01 2024-06-30 00244228 frs-core:FurnitureFittings 2024-06-30 00244228 frs-core:FurnitureFittings 2023-07-01 2024-06-30 00244228 frs-core:FurnitureFittings 2023-06-30 00244228 frs-core:OtherResidualIntangibleAssets 2024-06-30 00244228 frs-core:OtherResidualIntangibleAssets 2023-07-01 2024-06-30 00244228 frs-core:OtherResidualIntangibleAssets 2023-06-30 00244228 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 00244228 frs-bus:CompanyLimitedByGuarantee 2023-07-01 2024-06-30 00244228 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 00244228 frs-bus:SmallEntities 2023-07-01 2024-06-30 00244228 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 00244228 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 00244228 frs-bus:Director1 2023-07-01 2024-06-30 00244228 frs-bus:Director2 2023-07-01 2024-06-30 00244228 frs-bus:Director3 2023-07-01 2024-06-30 00244228 frs-bus:Director4 2023-07-01 2024-06-30 00244228 frs-bus:CompanySecretary1 2023-07-01 2024-06-30 00244228 frs-core:CurrentFinancialInstruments 1 2024-06-30 00244228 frs-countries:EnglandWales 2023-07-01 2024-06-30 00244228 2022-06-30 00244228 2023-06-30 00244228 2022-07-01 2023-06-30 00244228 frs-core:CurrentFinancialInstruments 2023-06-30 00244228 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30 00244228 frs-core:CurrentFinancialInstruments 1 2023-06-30
Registered number: 00244228
The Greeting Card Association
Unaudited Financial Statements
For The Year Ended 30 June 2024
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 00244228
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 2,200 4,400
Tangible Assets 5 1,311 1,442
3,511 5,842
CURRENT ASSETS
Debtors 6 11,870 6,325
Cash at bank and in hand 183,001 135,788
194,871 142,113
Creditors: Amounts Falling Due Within One Year 7 (117,428 ) (74,075 )
NET CURRENT ASSETS (LIABILITIES) 77,443 68,038
TOTAL ASSETS LESS CURRENT LIABILITIES 80,954 73,880
NET ASSETS 80,954 73,880
Income and Expenditure Account 80,954 73,880
MEMBERS' FUNDS 80,954 73,880
Page 1
Page 2
For the year ending 30 June 2024 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 Income and Expenditure Account.
On behalf of the board
Mr D J Prince
Director
6 September 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
The Greeting Card Association is a private company, limited by guarantee, incorporated in England & Wales, registered number 00244228 . The registered office is 2 The Old Estate Yard High Street, East Hendred, Wantage, Oxfordshire, OX12 8JY.
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.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £. 
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.
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
Other intangible assets represent website development costs. These costs are amortised to income and expenditure account over its estimated economic life of five years.
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:
Fixtures & Fittings 15% Reducing balance
Computer Equipment 33.33% Straight line
2.5. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the income and expenditure account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 6 (2023: 7)
6 7
4. Intangible Assets
Other
£
Cost
As at 1 July 2023 11,000
As at 30 June 2024 11,000
Amortisation
As at 1 July 2023 6,600
Provided during the period 2,200
As at 30 June 2024 8,800
...CONTINUED
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Net Book Value
As at 30 June 2024 2,200
As at 1 July 2023 4,400
5. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 July 2023 9,104 2,308 11,412
Additions 81 - 81
As at 30 June 2024 9,185 2,308 11,493
Depreciation
As at 1 July 2023 8,199 1,771 9,970
Provided during the period 148 64 212
As at 30 June 2024 8,347 1,835 10,182
Net Book Value
As at 30 June 2024 838 473 1,311
As at 1 July 2023 905 537 1,442
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 6,048 6,325
Prepayments and accrued income 2,495 -
VAT 3,327 -
11,870 6,325
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 5,327 470
Other taxes and social security 1,598 313
VAT - 9,292
Other creditors 3,732 146
Pension creditor 335 -
Accruals and deferred income 106,436 63,854
117,428 74,075
8. Company limited by guarantee
The company is limited by guarantee and has no share capital.
Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
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