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 05568473 Mr Lars Clausen iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05568473 2022-12-31 05568473 2023-12-31 05568473 2023-01-01 2023-12-31 05568473 frs-core:CurrentFinancialInstruments 2023-12-31 05568473 frs-core:Non-currentFinancialInstruments 2023-12-31 05568473 frs-core:ComputerEquipment 2023-12-31 05568473 frs-core:ComputerEquipment 2023-01-01 2023-12-31 05568473 frs-core:ComputerEquipment 2022-12-31 05568473 frs-core:FurnitureFittings 2023-12-31 05568473 frs-core:FurnitureFittings 2023-01-01 2023-12-31 05568473 frs-core:FurnitureFittings 2022-12-31 05568473 frs-core:NetGoodwill 2023-12-31 05568473 frs-core:NetGoodwill 2023-01-01 2023-12-31 05568473 frs-core:NetGoodwill 2022-12-31 05568473 frs-core:PlantMachinery 2023-12-31 05568473 frs-core:PlantMachinery 2023-01-01 2023-12-31 05568473 frs-core:PlantMachinery 2022-12-31 05568473 frs-core:ShareCapital 2023-12-31 05568473 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 05568473 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 05568473 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 05568473 frs-bus:SmallEntities 2023-01-01 2023-12-31 05568473 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 05568473 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 05568473 frs-bus:Director1 2023-01-01 2023-12-31 05568473 frs-bus:Director1 2022-12-31 05568473 frs-bus:Director1 2023-12-31 05568473 frs-countries:EnglandWales 2023-01-01 2023-12-31 05568473 2021-12-31 05568473 2022-12-31 05568473 2022-01-01 2022-12-31 05568473 frs-core:CurrentFinancialInstruments 2022-12-31 05568473 frs-core:Non-currentFinancialInstruments 2022-12-31 05568473 frs-core:ShareCapital 2022-12-31 05568473 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 05568473
AsOne Design Limited
Financial Statements
For The Year Ended 31 December 2023
Outsourced ACC Ltd
High Street Centre
137-139 High Street
Beckenham
Kent
BR3 1AG
Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 05568473
2023 2022
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 3 4,550 5,200
Tangible Assets 4 9,741 10,697
14,291 15,897
CURRENT ASSETS
Debtors 5 42,248 69,380
Cash at bank and in hand 5,381 86,875
47,629 156,255
Creditors: Amounts Falling Due Within One Year 6 (33,348 ) (123,002 )
NET CURRENT ASSETS (LIABILITIES) 14,281 33,253
TOTAL ASSETS LESS CURRENT LIABILITIES 28,572 49,150
Creditors: Amounts Falling Due After More Than One Year 7 (28,472 ) (37,169 )
NET ASSETS 100 11,981
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account - 11,881
SHAREHOLDERS' FUNDS 100 11,981
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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 Lars Clausen
Director
20th March 2024
The notes on pages 3 to 5 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. Accounting Policies
1.1. 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.
1.2. 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.
1.3. 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 is amortised to profit and loss account over its estimated economic life of ten years.
1.4. 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:
Plant & Machinery 25% Reducing Balance
Fixtures & Fittings 25% Reducing Balance
Equipment 25% Reducing Balance
1.5. 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.
1.6. 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.
2. Average Number of Employees
Average number of employees, including directors, during the year was as follows: 6 (2022: 5)
6 5
3. Intangible Assets
Goodwill
£
Cost
As at 1 January 2023 6,500
As at 31 December 2023 6,500
...CONTINUED
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Amortisation
As at 1 January 2023 1,300
Provided during the period 650
As at 31 December 2023 1,950
Net Book Value
As at 31 December 2023 4,550
As at 1 January 2023 5,200
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Equipment Total
£ £ £ £
Cost
As at 1 January 2023 4,951 13,773 16,872 35,596
Additions - - 2,291 2,291
As at 31 December 2023 4,951 13,773 19,163 37,887
Depreciation
As at 1 January 2023 1,909 12,325 10,665 24,899
Provided during the period 761 362 2,124 3,247
As at 31 December 2023 2,670 12,687 12,789 28,146
Net Book Value
As at 31 December 2023 2,281 1,086 6,374 9,741
As at 1 January 2023 3,042 1,448 6,207 10,697
5. Debtors
2023 2022
£ £
Due within one year
Trade debtors 40,973 66,680
Other debtors 1,275 2,700
42,248 69,380
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 1,308 19,068
Other creditors - 70,175
Taxation and social security 32,040 33,759
33,348 123,002
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7. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans 28,472 37,169
28,472 37,169
8. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
9. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 January 2023 Amounts advanced Amounts repaid Amounts written off As at 31 December 2023
£ £ £ £ £
Mr Lars CLAUSEN - 604 - - 604
The above loan is unsecured, interest free and repayable on demand.
10. General Information
AsOne Design Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05568473 . The registered office is 137-139 High Street, Beckenham, Kent, BR3 1AG.
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