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 07689489 Mr Ludovic Blanc Ms Mathilde Blanc Mr Fabrice Fraikin Mrs Emilie Loyer-Buttiaux iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07689489 2022-12-31 07689489 2023-12-31 07689489 2023-01-01 2023-12-31 07689489 frs-core:CurrentFinancialInstruments 2023-12-31 07689489 frs-core:Non-currentFinancialInstruments 2023-12-31 07689489 frs-core:BetweenOneFiveYears 2023-12-31 07689489 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-01-01 2023-12-31 07689489 frs-core:FurnitureFittings 2023-12-31 07689489 frs-core:FurnitureFittings 2023-01-01 2023-12-31 07689489 frs-core:FurnitureFittings 2022-12-31 07689489 frs-core:NetGoodwill 2023-12-31 07689489 frs-core:NetGoodwill 2023-01-01 2023-12-31 07689489 frs-core:NetGoodwill 2022-12-31 07689489 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-12-31 07689489 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-01-01 2023-12-31 07689489 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2022-12-31 07689489 frs-core:MotorVehicles 2023-12-31 07689489 frs-core:MotorVehicles 2023-01-01 2023-12-31 07689489 frs-core:MotorVehicles 2022-12-31 07689489 frs-core:OtherResidualIntangibleAssets 2023-12-31 07689489 frs-core:OtherResidualIntangibleAssets 2023-01-01 2023-12-31 07689489 frs-core:OtherResidualIntangibleAssets 2022-12-31 07689489 frs-core:PlantMachinery 2023-12-31 07689489 frs-core:PlantMachinery 2023-01-01 2023-12-31 07689489 frs-core:PlantMachinery 2022-12-31 07689489 frs-core:WithinOneYear 2023-12-31 07689489 frs-core:SharePremium 2023-12-31 07689489 frs-core:ShareCapital 2023-12-31 07689489 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 07689489 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 07689489 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 07689489 frs-bus:SmallEntities 2023-01-01 2023-12-31 07689489 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 07689489 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 07689489 frs-bus:Director1 2023-01-01 2023-12-31 07689489 frs-bus:Director2 2023-01-01 2023-12-31 07689489 frs-bus:Director3 2023-01-01 2023-12-31 07689489 frs-bus:Director4 2023-01-01 2023-12-31 07689489 frs-countries:EnglandWales 2023-01-01 2023-12-31 07689489 2021-12-31 07689489 2022-12-31 07689489 2022-01-01 2022-12-31 07689489 frs-core:CurrentFinancialInstruments 2022-12-31 07689489 frs-core:Non-currentFinancialInstruments 2022-12-31 07689489 frs-core:BetweenOneFiveYears 2022-12-31 07689489 frs-core:WithinOneYear 2022-12-31 07689489 frs-core:SharePremium 2022-12-31 07689489 frs-core:ShareCapital 2022-12-31 07689489 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 07689489
Blanc De Provence Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2023
Virgate Accounts Ltd
1st Floor Olympus House
Quedgeley
Gloucester
GL2 4NF
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 07689489
2023 2022
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 174,229 194,196
Tangible Assets 5 527,403 666,489
701,632 860,685
CURRENT ASSETS
Debtors 6 261,171 252,349
Cash at bank and in hand 116,343 368,700
377,514 621,049
Creditors: Amounts Falling Due Within One Year 7 (728,906 ) (548,449 )
NET CURRENT ASSETS (LIABILITIES) (351,392 ) 72,600
TOTAL ASSETS LESS CURRENT LIABILITIES 350,240 933,285
Creditors: Amounts Falling Due After More Than One Year 8 (115,656 ) (1,585,374 )
NET ASSETS/(LIABILITIES) 234,584 (652,089 )
CAPITAL AND RESERVES
Called up share capital 10 14,123 11,755
Share premium account 6,374,204 4,794,881
Profit and Loss Account (6,153,743 ) (5,458,725 )
SHAREHOLDERS' FUNDS 234,584 (652,089)
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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 Profit and Loss Account.
On behalf of the board
Ms Mathilde Blanc
Director
13/09/2024
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
Blanc De Provence Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 07689489 . The registered office is 16 Gorst Road, London, NW10 6LE.
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. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It has been amortised to profit and loss account over its estimated economic life.
2.4. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are Research & Development costs. They are amortised to profit and loss account over their estimated economic life of 3 years.
2.5. 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:
Leasehold 10 years straight line
Plant & Machinery 10 years straight line
Motor Vehicles 4 years straight line
Fixtures & Fittings 5 years straight line
2.6. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
2.7. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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2.8. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 58 (2022: 51)
58 51
4. Intangible Assets
Goodwill Other Total
£ £ £
Cost
As at 1 January 2023 23,821 401,962 425,783
Additions - 104,842 104,842
As at 31 December 2023 23,821 506,804 530,625
Amortisation
As at 1 January 2023 23,821 207,766 231,587
Provided during the period - 124,809 124,809
As at 31 December 2023 23,821 332,575 356,396
Net Book Value
As at 31 December 2023 - 174,229 174,229
As at 1 January 2023 - 194,196 194,196
5. Tangible Assets
Land & Property
Leasehold Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £ £
Cost
As at 1 January 2023 151,681 653,497 185,661 618,796 1,609,635
Additions - 3,000 27,270 18,175 48,445
As at 31 December 2023 151,681 656,497 212,931 636,971 1,658,080
Depreciation
As at 1 January 2023 67,459 311,418 79,829 484,440 943,146
Provided during the period 14,012 57,907 47,720 67,892 187,531
As at 31 December 2023 81,471 369,325 127,549 552,332 1,130,677
Net Book Value
As at 31 December 2023 70,210 287,172 85,382 84,639 527,403
As at 1 January 2023 84,222 342,079 105,832 134,356 666,489
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6. Debtors
2023 2022
£ £
Due within one year
Trade debtors 98,839 89,769
Prepayments and accrued income 67,433 67,681
166,272 157,450
Due after more than one year
Other debtors 94,899 94,899
94,899 94,899
261,171 252,349
7. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Net obligations under finance lease and hire purchase contracts 85,288 82,059
Trade creditors 125,880 112,477
Bank loans and overdrafts 47,523 48,959
Corporation tax 135,986 (939 )
Other taxes and social security 36,537 37,154
VAT 104,990 84,780
Other creditors 23,479 23,139
Accruals 169,223 160,820
728,906 548,449
8. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Net obligations under finance lease and hire purchase contracts 58,989 119,149
Bank loans 56,667 101,892
Other creditors - 1,364,333
115,656 1,585,374
9. Obligations Under Finance Leases and Hire Purchase
2023 2022
£ £
The future minimum finance lease payments are as follows:
Not later than one year 85,288 82,059
Later than one year and not later than five years 58,989 119,149
144,277 201,208
144,277 201,208
10. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 14,123 11,755
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