Acorah Software Products - Accounts Production 15.0.600 false true true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 08331310 P A Bradley M Kennedy R M Stephenson true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08331310 2022-12-31 08331310 2023-12-31 08331310 2023-01-01 2023-12-31 08331310 frs-core:CurrentFinancialInstruments 2023-12-31 08331310 frs-core:Non-currentFinancialInstruments 2023-12-31 08331310 frs-core:BetweenOneFiveYears 2023-12-31 08331310 frs-core:ComputerEquipment 2023-12-31 08331310 frs-core:ComputerEquipment 2023-01-01 2023-12-31 08331310 frs-core:ComputerEquipment 2022-12-31 08331310 frs-core:CopyrightsPatentsTrademarksServiceOperatingRights 2023-12-31 08331310 frs-core:CopyrightsPatentsTrademarksServiceOperatingRights 2023-01-01 2023-12-31 08331310 frs-core:CopyrightsPatentsTrademarksServiceOperatingRights 2022-12-31 08331310 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-12-31 08331310 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-01-01 2023-12-31 08331310 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2022-12-31 08331310 frs-core:InvestmentPropertyIncludedWithinPPE 2023-01-01 2023-12-31 08331310 frs-core:OtherResidualIntangibleAssets 2023-12-31 08331310 frs-core:OtherResidualIntangibleAssets 2023-01-01 2023-12-31 08331310 frs-core:OtherResidualIntangibleAssets 2022-12-31 08331310 frs-core:WithinOneYear 2023-12-31 08331310 frs-core:ShareCapital 2023-12-31 08331310 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 08331310 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 08331310 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 08331310 frs-bus:SmallEntities 2023-01-01 2023-12-31 08331310 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 08331310 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 08331310 1 2023-01-01 2023-12-31 08331310 frs-core:CostValuation 2022-12-31 08331310 frs-core:CostValuation 2023-12-31 08331310 frs-core:ProvisionsForImpairmentInvestments 2022-12-31 08331310 frs-core:ProvisionsForImpairmentInvestments 2023-12-31 08331310 frs-bus:Director1 2023-01-01 2023-12-31 08331310 frs-bus:Director2 2023-01-01 2023-12-31 08331310 frs-bus:Director3 2023-01-01 2023-12-31 08331310 frs-countries:EnglandWales 2023-01-01 2023-12-31 08331310 2021-12-31 08331310 2022-12-31 08331310 2022-01-01 2022-12-31 08331310 frs-core:CurrentFinancialInstruments 2022-12-31 08331310 frs-core:Non-currentFinancialInstruments 2022-12-31 08331310 frs-core:BetweenOneFiveYears 2022-12-31 08331310 frs-core:WithinOneYear 2022-12-31 08331310 frs-core:ShareCapital 2022-12-31 08331310 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 08331310
Harley Street Concierge Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2023
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—7
Page 1
Balance Sheet
Registered number: 08331310
2023 2022
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 893,472 1,221,324
Tangible Assets 5 92,323 21,593
Investments 6 1 1
985,796 1,242,918
CURRENT ASSETS
Debtors 7 187,613 227,327
Cash at bank and in hand 481,451 621,245
669,064 848,572
Creditors: Amounts Falling Due Within One Year 8 (922,295 ) (702,474 )
NET CURRENT ASSETS (LIABILITIES) (253,231 ) 146,098
TOTAL ASSETS LESS CURRENT LIABILITIES 732,565 1,389,016
Creditors: Amounts Falling Due After More Than One Year 9 (528,417 ) (478,311 )
NET ASSETS 204,148 910,705
CAPITAL AND RESERVES
Called up share capital 14,654,864 13,154,864
Profit and Loss Account (14,450,716 ) (12,244,159 )
SHAREHOLDERS' FUNDS 204,148 910,705
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.
On behalf of the board
R M Stephenson
Director
10 September 2024
The notes on pages 3 to 7 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Harley Street Concierge Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08331310 . The registered office is The Square, Basing View, Basingstoke, Hampshire, RG21 4EB.

The presentation currency of the financial statements is the Pound Sterling (£).
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 company has taken advantage of the exemption provided by Section 399 of the Companies Act 2006 from the requirement to prepare consolidated financial statements as the group qualifies as a small group, as defined by Section 383 of the Companies Act 2006. As such, these financial statements present information about the company as an individual entity and not about its group.
2.2. Going Concern Disclosure
The company is dependant for its ability to continue as a going concern on the continuing support of its directors. The directors are confident that the business condition will improve and consider thatit is appropriate for the financial statements to be prepared on a going concern basis.
2.3. Significant judgements and estimations
The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates if necessary. It also requires management to exercise judgement in applying the company accounting policies.
2.4. 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.
2.5. Intangible Fixed Assets and Amortisation - Other Intangible
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Rebranding costs are being amortised evenly over their estimated useful life of five years.

Platform development are being amortised evenly over their estimated useful life of ten years.
2.6. Research and Development
Research expenditure is written off against profits in the year in which it is incurred. Identifiable development expenditure is capitalised to the extent that the technical, commercial and financial feasibility can be demonstrated.
2.7. 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 Straight line over 3 years
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2.8. Financial Instruments
The company has elected to apply the provisions of Section 11 Basic Financial Instruments and Section 12 Other Financial Instruments Issues of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method, unless the arrangement consitutes a financing transaction, where the transaction is measured at the present value if the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
Classification of financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
Basic financial liabilities
Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitute and financing transaction, where the debt instrument is measured at the present value of future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditor are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently at amortised cost using the effective interest method.
2.9. 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.
2.10. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
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2.11. Investments in subsidiaries
Interest in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversal of impairment losses are recognised immediately in profit or loss.

A subsidiary is any entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

As associate is an entity, being neither a subsidiary nor a joint venture, in which the company holds a long-term interest and where the company has significant influence. The company considers that it has significant influence where it has the power to participate in the financial and operating decisions of the associate.

Entities in which the company has a long term interest and shares control under a contractual arrangement are classified as jointly controlled entities.
2.12. Employee benefits
The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 21 (2022: 16)
21 16
4. Intangible Assets
Other Platform development Rebranding costs Total
£ £ £ £
Cost
As at 1 January 2023 - 1,430,492 93,149 1,523,641
Additions 20,025 54,873 - 74,898
Disposals - (318,986) - (318,986 )
As at 31 December 2023 20,025 1,166,379 93,149 1,279,553
Amortisation
As at 1 January 2023 - 246,428 55,889 302,317
Provided during the period 7,944 144,911 18,629 171,484
Disposals - (87,720 ) - (87,720 )
As at 31 December 2023 7,944 303,619 74,518 386,081
Net Book Value
As at 31 December 2023 12,081 862,760 18,631 893,472
As at 1 January 2023 - 1,184,064 37,260 1,221,324
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5. Tangible Assets
Computer Equipment
£
Cost
As at 1 January 2023 53,671
Additions 104,706
Disposals (29,276 )
As at 31 December 2023 129,101
Depreciation
As at 1 January 2023 32,078
Provided during the period 33,976
Disposals (29,276 )
As at 31 December 2023 36,778
Net Book Value
As at 31 December 2023 92,323
As at 1 January 2023 21,593
6. Investments
Subsidiaries
£
Cost
As at 1 January 2023 1
As at 31 December 2023 1
Provision
As at 1 January 2023 -
As at 31 December 2023 -
Net Book Value
As at 31 December 2023 1
As at 1 January 2023 1
The company's investments at the Statement of Financial Position date in the share capital of companies include the following:

Reframe Health Limited
Registered office: UK
Nature of business: Private Healthcare

%
Class of shares:
holding
Ordinary
100.00
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7. Debtors
2023 2022
£ £
Due within one year
Trade debtors 124,497 172,561
Other debtors 63,116 54,766
187,613 227,327
8. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 68,181 77,124
Other creditors 795,591 601,000
Taxation and social security 58,523 24,350
922,295 702,474
9. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Other creditors 528,417 478,311
10. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2023 2022
£ £
Not later than one year 84,965 9,749
Later than one year and not later than five years 79,200 -
164,165 9,749
11. Related Party Transactions
At the year end the company owed £675,266 (2022: £575,174) to Highland and Universal Investments Limited, a shareholder of the company. This balance is included within Other creditors, due within one year. 
12. Ultimate Controlling Party
There is no ultimate controlling party.
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