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 12159327 Mr Faisal Ansari Mrs Suphia Ansari iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12159327 2022-12-31 12159327 2023-12-31 12159327 2023-01-01 2023-12-31 12159327 frs-core:CurrentFinancialInstruments 2023-12-31 12159327 frs-core:Non-currentFinancialInstruments 2023-12-31 12159327 frs-core:ComputerEquipment 2023-12-31 12159327 frs-core:ComputerEquipment 2023-01-01 2023-12-31 12159327 frs-core:ComputerEquipment 2022-12-31 12159327 frs-core:FurnitureFittings 2023-12-31 12159327 frs-core:FurnitureFittings 2023-01-01 2023-12-31 12159327 frs-core:FurnitureFittings 2022-12-31 12159327 frs-core:ShareCapital 2023-12-31 12159327 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 12159327 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 12159327 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 12159327 frs-bus:SmallEntities 2023-01-01 2023-12-31 12159327 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 12159327 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 12159327 frs-bus:Director1 2023-01-01 2023-12-31 12159327 frs-bus:Director2 2023-01-01 2023-12-31 12159327 frs-countries:EnglandWales 2023-01-01 2023-12-31 12159327 2021-12-31 12159327 2022-12-31 12159327 2022-01-01 2022-12-31 12159327 frs-core:CurrentFinancialInstruments 2022-12-31 12159327 frs-core:Non-currentFinancialInstruments 2022-12-31 12159327 frs-core:ShareCapital 2022-12-31 12159327 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 12159327
Global Business Research Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2023
Stratom Consulting Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 12159327
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 5,155 6,638
5,155 6,638
CURRENT ASSETS
Debtors 5 210,581 157,882
Cash at bank and in hand 36,567 20,308
247,148 178,190
Creditors: Amounts Falling Due Within One Year 6 (413,667 ) (370,142 )
NET CURRENT ASSETS (LIABILITIES) (166,519 ) (191,952 )
TOTAL ASSETS LESS CURRENT LIABILITIES (161,364 ) (185,314 )
Creditors: Amounts Falling Due After More Than One Year 7 (66,513 ) (105,192 )
NET LIABILITIES (227,877 ) (290,506 )
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account (227,977 ) (290,606 )
SHAREHOLDERS' FUNDS (227,877) (290,506)
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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
Mr Faisal Ansari
Director
20/09/2024
The notes on pages 3 to 4 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Global Business Research Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12159327 . The registered office is 1 Fore Street Avenue, Wework, London, EC2Y 9DT.
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. 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 20% straight line
Computer Equipment 33% straight line
2.4. Foreign Currencies
Transactions in foreign currencies other than its functional currency are recorded at the foreign exchange rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the year­end date are translated at the foreign exchange rate ruling at that date. Foreign exchange differences arising on translation are recognised in the income statement within financial income or expense, as appropriate. Non­monetary assets that are measured in terms of historical cost in foreign currency are translated using the exchange rate at the date of the transaction.
2.5. Employee benefits
Payments to defined contribution retirement benefit plans are recognised as an expense when employees have rendered service entitling them to the contributions. 
The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 12 (2022: 11)
12 11
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4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 January 2023 4,935 9,632 14,567
Additions 743 989 1,732
As at 31 December 2023 5,678 10,621 16,299
Depreciation
As at 1 January 2023 1,247 6,682 7,929
Provided during the period 1,063 2,152 3,215
As at 31 December 2023 2,310 8,834 11,144
Net Book Value
As at 31 December 2023 3,368 1,787 5,155
As at 1 January 2023 3,688 2,950 6,638
5. Debtors
2023 2022
£ £
Due within one year
Trade debtors 189,148 145,214
Other debtors 21,433 12,668
210,581 157,882
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 27,629 -
Bank loans and overdrafts 10,140 9,890
Other creditors 317,869 323,364
Taxation and social security 58,029 36,888
413,667 370,142
7. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans 66,513 105,192
8. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
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