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 09093738 Mr Peter Banks Mr Jeffrey Lewis true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09093738 2022-12-31 09093738 2023-12-31 09093738 2023-01-01 2023-12-31 09093738 frs-core:CurrentFinancialInstruments 2023-12-31 09093738 frs-core:FurnitureFittings 2023-12-31 09093738 frs-core:FurnitureFittings 2023-01-01 2023-12-31 09093738 frs-core:FurnitureFittings 2022-12-31 09093738 frs-core:PlantMachinery 2023-12-31 09093738 frs-core:PlantMachinery 2023-01-01 2023-12-31 09093738 frs-core:PlantMachinery 2022-12-31 09093738 frs-core:OtherReservesSubtotal 2023-12-31 09093738 frs-core:ShareCapital 2023-12-31 09093738 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 09093738 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 09093738 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 09093738 frs-bus:SmallEntities 2023-01-01 2023-12-31 09093738 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 09093738 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 09093738 1 2023-01-01 2023-12-31 09093738 frs-bus:Director1 2023-01-01 2023-12-31 09093738 frs-bus:Director2 2023-01-01 2023-12-31 09093738 frs-countries:EnglandWales 2023-01-01 2023-12-31 09093738 2021-12-31 09093738 2022-12-31 09093738 2022-01-01 2022-12-31 09093738 frs-core:CurrentFinancialInstruments 2022-12-31 09093738 frs-core:OtherReservesSubtotal 2022-12-31 09093738 frs-core:ShareCapital 2022-12-31 09093738 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 09093738
Guidebook Limited
Unaudited Financial Statements
For The Year Ended 31 December 2023
Broadwing Accountancy Services Limited
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 09093738
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 3,118 -
3,118 -
CURRENT ASSETS
Debtors 5 303,077 277,754
Cash at bank and in hand 23,779 19,308
326,856 297,062
Creditors: Amounts Falling Due Within One Year 6 (72,604 ) (71,261 )
NET CURRENT ASSETS (LIABILITIES) 254,252 225,801
TOTAL ASSETS LESS CURRENT LIABILITIES 257,370 225,801
NET ASSETS 257,370 225,801
CAPITAL AND RESERVES
Called up share capital 7 1,000 1,000
Other reserves 16,484 9,696
Profit and Loss Account 239,886 215,105
SHAREHOLDERS' FUNDS 257,370 225,801
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
Mr Peter Banks
Director
28/06/2024
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Guidebook Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09093738 . The registered office is First Floor, 1 Cottesbrooke Park, Daventry, NN11 8YL.
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. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. Turnover
Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.
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:
Plant & Machinery 33.3% Straight line
Fixtures & Fittings 20% Straight line
2.5. 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.
2.6. 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.
Page 3
Page 4
2.7. 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.
2.8. 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.
2.9. Trade Debtors
Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables
2.10. Trade Creditors
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.
2.11. Share based payments
Where the company participates in a share based payment arrangement established by a group company the company takes advantage of the alternative treatment allowed under Section 26 of FRS 102. The company recognises the share-based payment expense based on an allocation of its share of the group's total expense, calculated in proportion to the number of participating employees. The corresponding credit is recognised in retained earnings as a component of equity.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 5 (2022: 5)
5 5
Page 4
Page 5
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Total
£ £ £
Cost
As at 1 January 2023 5,689 - 5,689
Additions 4,491 - 4,491
Disposals (2,430 ) - (2,430 )
As at 31 December 2023 7,750 - 7,750
Depreciation
As at 1 January 2023 5,689 - 5,689
Provided during the period 1,373 - 1,373
Disposals (2,430 ) - (2,430 )
As at 31 December 2023 4,632 - 4,632
Net Book Value
As at 31 December 2023 3,118 - 3,118
As at 1 January 2023 - - -
5. Debtors
2023 2022
£ £
Due within one year
Prepayments and accrued income 781 1,805
Other debtors 318 1,022
VAT 1,340 -
Amounts owed by group undertakings 300,638 274,927
303,077 277,754
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 8,396 3,840
Corporation tax 5,921 6,530
Other taxes and social security 18,123 17,066
Other creditors 2,495 2,113
Accruals and deferred income 37,669 41,712
72,604 71,261
7. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 1,000 1,000
8. Ultimate Controlling Party
The company's immediate parent is Guidebook, Inc, incorporated in USA.
Page 5