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 04158593 Mr I Gilbert Ms S L Hutchinson Ms V J Morrison-Hughes Mr B Nethercott Mrs L Rees iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04158593 2022-12-31 04158593 2023-12-31 04158593 2023-01-01 2023-12-31 04158593 frs-core:CurrentFinancialInstruments 2023-12-31 04158593 frs-core:ComputerEquipment 2023-12-31 04158593 frs-core:ComputerEquipment 2023-01-01 2023-12-31 04158593 frs-core:ComputerEquipment 2022-12-31 04158593 frs-core:FurnitureFittings 2023-01-01 2023-12-31 04158593 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 04158593 frs-bus:CompanyLimitedByGuarantee 2023-01-01 2023-12-31 04158593 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 04158593 frs-bus:SmallEntities 2023-01-01 2023-12-31 04158593 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 04158593 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 04158593 frs-core:ListedExchangeTraded 2023-12-31 04158593 frs-core:ListedExchangeTraded 2022-12-31 04158593 frs-core:CostValuation frs-core:ListedExchangeTraded 2022-12-31 04158593 frs-core:RevaluationsIncreaseDecreaseInInvestments frs-core:ListedExchangeTraded 2023-12-31 04158593 frs-core:CostValuation frs-core:ListedExchangeTraded 2023-12-31 04158593 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2022-12-31 04158593 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2023-12-31 04158593 frs-bus:Director1 2023-01-01 2023-12-31 04158593 frs-bus:Director2 2023-01-01 2023-12-31 04158593 frs-bus:Director3 2023-01-01 2023-12-31 04158593 frs-bus:Director4 2023-01-01 2023-12-31 04158593 frs-bus:Director5 2023-01-01 2023-12-31 04158593 frs-countries:EnglandWales 2023-01-01 2023-12-31 04158593 2021-12-31 04158593 2022-12-31 04158593 2022-01-01 2022-12-31 04158593 frs-core:CurrentFinancialInstruments 2022-12-31 04158593 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
ALCD (Training) Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2023
The Laurel Partnership Ltd
16 Broad Street
Eye
Suffolk
IP23 7AF
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 04158593
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 5,952 4,584
Investments 5 344,408 322,920
350,360 327,504
CURRENT ASSETS
Debtors 6 54,071 63,601
Cash at bank and in hand 99,015 142,844
153,086 206,445
Creditors: Amounts Falling Due Within One Year 7 (188,205 ) (219,722 )
NET CURRENT ASSETS (LIABILITIES) (35,119 ) (13,277 )
TOTAL ASSETS LESS CURRENT LIABILITIES 315,241 314,227
PROVISIONS FOR LIABILITIES
Deferred Taxation (33,963 ) (30,329 )
NET ASSETS 281,278 283,898
Income and Expenditure Account 281,278 283,898
MEMBERS' FUNDS 281,278 283,898
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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 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
Ms S L Hutchinson
Director
12/09/2024
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
ALCD (Training) Ltd is a private company, limited by guarantee, incorporated in England & Wales, registered number 04158593 . The registered office is 16 Broad Street, Eye, Suffolk, IP23 7AF.
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 rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

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 25% reducing balance
Computer Equipment 33% straight line
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 surplus for the year. Taxable surplus differs from surplus 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 surplus. 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 surplus 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 surplus 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 asset reflects 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 surplus or deficit, except when they relate 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.
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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 48,083
Additions 2,900
Disposals (43,083 )
As at 31 December 2023 7,900
Depreciation
As at 1 January 2023 43,499
Provided during the period 1,532
Disposals (43,083 )
As at 31 December 2023 1,948
Net Book Value
As at 31 December 2023 5,952
As at 1 January 2023 4,584
5. Investments
Listed
£
Cost
As at 1 January 2023 322,920
Revaluations 21,488
As at 31 December 2023 344,408
Provision
As at 1 January 2023 -
As at 31 December 2023 -
Net Book Value
As at 31 December 2023 344,408
As at 1 January 2023 322,920
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6. Debtors
2023 2022
£ £
Due within one year
Trade debtors 49,897 54,453
Prepayments and accrued income 4,174 2,250
Other debtors - 6,898
54,071 63,601
7. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 26,199 45,438
Corporation tax - 95
VAT 5,623 17,655
Accruals and deferred income 134,225 155,291
Amounts owed to associates 22,158 1,243
188,205 219,722
8. Related Party Transactions
The company is related to The Association of Law Costs Draftsmen Limited and to Costs Lawyer Standard Boards Limited. Unsecured loans between these are shown in the balance sheet notes.
9. 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 £5.
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