Acorah Software Products - Accounts Production 15.0.600 false true 31 December 2022 15 October 2021 false 1 January 2023 31 January 2024 31 January 2024 13683373 Mr Matthew Riddiford Mr Nigel Couch iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13683373 2022-12-31 13683373 2024-01-31 13683373 2023-01-01 2024-01-31 13683373 frs-core:CurrentFinancialInstruments 2024-01-31 13683373 frs-core:Non-currentFinancialInstruments 2024-01-31 13683373 frs-core:BetweenOneFiveYears 2024-01-31 13683373 frs-core:ComputerEquipment 2024-01-31 13683373 frs-core:ComputerEquipment 2023-01-01 2024-01-31 13683373 frs-core:ComputerEquipment 2022-12-31 13683373 frs-core:FurnitureFittings 2024-01-31 13683373 frs-core:FurnitureFittings 2023-01-01 2024-01-31 13683373 frs-core:FurnitureFittings 2022-12-31 13683373 frs-core:MotorVehicles 2024-01-31 13683373 frs-core:MotorVehicles 2023-01-01 2024-01-31 13683373 frs-core:MotorVehicles 2022-12-31 13683373 frs-core:PlantMachinery 2024-01-31 13683373 frs-core:PlantMachinery 2023-01-01 2024-01-31 13683373 frs-core:PlantMachinery 2022-12-31 13683373 frs-core:WithinOneYear 2024-01-31 13683373 frs-core:ShareCapital 2024-01-31 13683373 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 13683373 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2024-01-31 13683373 frs-bus:FilletedAccounts 2023-01-01 2024-01-31 13683373 frs-bus:SmallEntities 2023-01-01 2024-01-31 13683373 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2024-01-31 13683373 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2024-01-31 13683373 frs-bus:Director1 2023-01-01 2024-01-31 13683373 frs-bus:Director2 2023-01-01 2024-01-31 13683373 frs-countries:EnglandWales 2023-01-01 2024-01-31 13683373 2021-10-14 13683373 2022-12-31 13683373 2021-10-15 2022-12-31 13683373 frs-core:CurrentFinancialInstruments 2022-12-31 13683373 frs-core:Non-currentFinancialInstruments 2022-12-31 13683373 frs-core:BetweenOneFiveYears 2022-12-31 13683373 frs-core:WithinOneYear 2022-12-31 13683373 frs-core:ShareCapital 2022-12-31 13683373 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
CP Operations Limited
Unaudited Financial Statements
For the Period 1 January 2023 to 31 January 2024
The Laurel Partnership Ltd
16 Broad Street
Eye
Suffolk
IP23 7AF
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 13683373
31 January 2024 31 December 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 417,831 287,584
417,831 287,584
CURRENT ASSETS
Debtors 5 1,186,874 223,000
Cash at bank and in hand 204,747 33,197
1,391,621 256,197
Creditors: Amounts Falling Due Within One Year 6 (2,915,059 ) (850,243 )
NET CURRENT ASSETS (LIABILITIES) (1,523,438 ) (594,046 )
TOTAL ASSETS LESS CURRENT LIABILITIES (1,105,607 ) (306,462 )
Creditors: Amounts Falling Due After More Than One Year 7 (28,830 ) (42,304 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (78,548 ) (54,641 )
NET LIABILITIES (1,212,985 ) (403,407 )
CAPITAL AND RESERVES
Called up share capital 9 10 10
Profit and Loss Account (1,212,995 ) (403,417 )
SHAREHOLDERS' FUNDS (1,212,985) (403,407)
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For the period ending 31 January 2024 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 Matthew Riddiford
Director
24/09/2024
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
CP Operations Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13683373 . The registered office is The Office Euston Hall, Euston, Thetford, Suffolk, IP24 2QW.
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 includes revenue from the rendering of services. Turnover is reduced for estimated rebates and other similar allowances.
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:
Plant & Machinery 25% reducing balance
Motor Vehicles 25% reducing balance
Fixtures & Fittings 25% straight line
Computer Equipment 25% straight line
2.4. 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.
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2.5. 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.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 10 (2022: 5)
10 5
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 January 2023 312,408 64,318 2,077 4,642 383,445
Additions 201,172 61,340 350 - 262,862
Disposals (3,027 ) - - - (3,027 )
As at 31 January 2024 510,553 125,658 2,427 4,642 643,280
Depreciation
As at 1 January 2023 78,102 16,080 519 1,160 95,861
Provided during the period 103,370 24,317 643 1,258 129,588
As at 31 January 2024 181,472 40,397 1,162 2,418 225,449
Net Book Value
As at 31 January 2024 329,081 85,261 1,265 2,224 417,831
As at 1 January 2023 234,306 48,238 1,558 3,482 287,584
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5. Debtors
31 January 2024 31 December 2022
£ £
Due within one year
Prepayments and accrued income 3,139 197,435
Other debtors 654 2,169
VAT 14,190 23,396
Amounts owed by associates 1,168,891 -
1,186,874 223,000
6. Creditors: Amounts Falling Due Within One Year
31 January 2024 31 December 2022
£ £
Net obligations under finance lease and hire purchase contracts 14,376 14,376
Trade creditors 13,795 54,925
Other taxes and social security 10,240 -
Net wages - 75
Other creditors 2,300 2,017
Accruals and deferred income 2,850 1,850
Amounts owed to associates 2,871,498 777,000
2,915,059 850,243
7. Creditors: Amounts Falling Due After More Than One Year
31 January 2024 31 December 2022
£ £
Net obligations under finance lease and hire purchase contracts 28,830 42,304
28,830 42,304
8. Obligations Under Finance Leases and Hire Purchase
31 January 2024 31 December 2022
£ £
The future minimum finance lease payments are as follows:
Not later than one year 14,376 14,376
Later than one year and not later than five years 28,830 42,304
43,206 56,680
43,206 56,680
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9. Share Capital
31 January 2024 31 December 2022
£ £
Allotted, Called up and fully paid 10 10
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