Acorah Software Products - Accounts Production 15.0.600 false true 31 October 2022 1 November 2021 false 1 November 2022 31 October 2023 31 October 2023 09262907 Mr Martin Flanagan Mr Daniel Aldridge iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09262907 2022-10-31 09262907 2023-10-31 09262907 2022-11-01 2023-10-31 09262907 frs-core:CurrentFinancialInstruments 2023-10-31 09262907 frs-core:MotorVehicles 2023-10-31 09262907 frs-core:MotorVehicles 2022-11-01 2023-10-31 09262907 frs-core:MotorVehicles 2022-10-31 09262907 frs-core:PlantMachinery 2023-10-31 09262907 frs-core:PlantMachinery 2022-11-01 2023-10-31 09262907 frs-core:PlantMachinery 2022-10-31 09262907 frs-core:ShareCapital 2023-10-31 09262907 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31 09262907 frs-bus:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 09262907 frs-bus:FilletedAccounts 2022-11-01 2023-10-31 09262907 frs-bus:SmallEntities 2022-11-01 2023-10-31 09262907 frs-bus:AuditExempt-NoAccountantsReport 2022-11-01 2023-10-31 09262907 frs-bus:SmallCompaniesRegimeForAccounts 2022-11-01 2023-10-31 09262907 frs-bus:OrdinaryShareClass1 2022-11-01 2023-10-31 09262907 frs-bus:OrdinaryShareClass1 2023-10-31 09262907 frs-bus:Director1 2022-11-01 2023-10-31 09262907 frs-bus:Director2 2022-11-01 2023-10-31 09262907 frs-core:CurrentFinancialInstruments 1 2023-10-31 09262907 frs-countries:EnglandWales 2022-11-01 2023-10-31 09262907 2021-10-31 09262907 2022-10-31 09262907 2021-11-01 2022-10-31 09262907 frs-core:CurrentFinancialInstruments 2022-10-31 09262907 frs-core:ShareCapital 2022-10-31 09262907 frs-core:RetainedEarningsAccumulatedLosses 2022-10-31 09262907 frs-bus:OrdinaryShareClass1 2021-11-01 2022-10-31 09262907 frs-core:CurrentFinancialInstruments 1 2022-10-31
Registered number: 09262907
CF59 Ltd
Financial Statements
For The Year Ended 31 October 2023
EasyBooks Wales Ltd
Unit 4, Dragon 24 North Dock
Llanelli
SA15 2LF
Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 09262907
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 21,169 30,962
21,169 30,962
CURRENT ASSETS
Debtors 5 46,502 31,044
Cash at bank and in hand 65,127 91,190
111,629 122,234
Creditors: Amounts Falling Due Within One Year 6 (72,394 ) (77,785 )
NET CURRENT ASSETS (LIABILITIES) 39,235 44,449
TOTAL ASSETS LESS CURRENT LIABILITIES 60,404 75,411
PROVISIONS FOR LIABILITIES
Deferred Taxation 7 (4,018 ) (6,878 )
NET ASSETS 56,386 68,533
CAPITAL AND RESERVES
Called up share capital 8 1 1
Profit and Loss Account 56,385 68,532
SHAREHOLDERS' FUNDS 56,386 68,533
Page 1
Page 2
For the year ending 31 October 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 Martin Flanagan
Director
Mr Daniel Aldridge
Director
13/09/2024
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
CF59 Ltd Registered number 09262907 is a limited by shares company incorporated in England & Wales. The Registered Office is Unit 3, Hutchins Close, London, E15 2JE.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
2.2. Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. 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% on a straight line basis
Motor Vehicles 25% on a straight line basis
2.4. Taxation
The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.
2.5. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 5 (2022: 5)
5 5
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4. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 1 November 2022 169,949 14,601 184,550
Additions 8,205 - 8,205
Disposals (29,018 ) (14,601 ) (43,619 )
As at 31 October 2023 149,136 - 149,136
Depreciation
As at 1 November 2022 142,333 11,255 153,588
Provided during the period 13,474 - 13,474
Disposals (27,840 ) (11,255 ) (39,095 )
As at 31 October 2023 127,967 - 127,967
Net Book Value
As at 31 October 2023 21,169 - 21,169
As at 1 November 2022 27,616 3,346 30,962
5. Debtors
2023 2022
£ £
Due within one year
Trade debtors 632 (2,974 )
Prepayments and accrued income 21,518 21,518
Deposits paid on Rental 12,500 12,500
Amounts owed by associates 11,852 -
46,502 31,044
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 10,618 20,691
Corporation tax 25,831 20,866
Other taxes and social security 616 3,716
VAT 29,965 30,005
Pension Scheme Creditor 243 460
Accruals and deferred income 800 800
Directors' loan accounts 4,321 1,247
72,394 77,785
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7. Deferred Taxation
The provision for deferred tax is made up as follows:
2023 2022
£ £
Other timing differences 4,018 6,878
8. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 1 1
2023 2022
Allotted, called up and fully paid £ £
1 Ordinary Shares of £ 1.000 each 1 1
9. Directors Advances, Credits and Guarantees
Dividends paid to directors
10. Dividends
2023 2022
£ £
On equity shares:
Final dividend paid 99,000 150,000
99,000 150,000
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