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 08332017 Mr M Nagda Mrs R Nagda Mrs R Nagda true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08332017 2022-12-31 08332017 2023-12-31 08332017 2023-01-01 2023-12-31 08332017 frs-core:ComputerEquipment 2023-12-31 08332017 frs-core:ComputerEquipment 2023-01-01 2023-12-31 08332017 frs-core:ComputerEquipment 2022-12-31 08332017 frs-core:ShareCapital 2023-12-31 08332017 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 08332017 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 08332017 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 08332017 frs-bus:SmallEntities 2023-01-01 2023-12-31 08332017 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 08332017 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 08332017 1 2023-01-01 2023-12-31 08332017 frs-bus:Director1 2023-01-01 2023-12-31 08332017 frs-bus:Director2 2023-01-01 2023-12-31 08332017 frs-bus:CompanySecretary1 2023-01-01 2023-12-31 08332017 frs-countries:EnglandWales 2023-01-01 2023-12-31 08332017 2021-12-31 08332017 2022-12-31 08332017 2022-01-01 2022-12-31 08332017 frs-core:ShareCapital 2022-12-31 08332017 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 08332017
Click Tap Swipe Limited
Financial Statements
For The Year Ended 31 December 2023
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 08332017
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 945 1,397
945 1,397
CURRENT ASSETS
Debtors 5 - 3,042
Cash at bank and in hand 42,764 62,583
42,764 65,625
Creditors: Amounts Falling Due Within One Year 6 (40,690 ) (46,744 )
NET CURRENT ASSETS (LIABILITIES) 2,074 18,881
TOTAL ASSETS LESS CURRENT LIABILITIES 3,019 20,278
NET ASSETS 3,019 20,278
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account 2,919 20,178
SHAREHOLDERS' FUNDS 3,019 20,278
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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
Mrs R Nagda
Director
23 September 2024
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Click Tap Swipe Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08332017 . The registered office is Yew Tree House, Lewes Road, Forest Row, East Sussex, RH18 5AA.
The company's principal activity continues to be that of movement coach, skincare formulator and brokerage.
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.
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:
Computer Equipment 25% Reducing Balance
2.4. Cash and Cash Equivalents
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2022: 1)
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4. Tangible Assets
Computer Equipment
£
Cost
As at 1 January 2023 3,513
Disposals (1,833 )
As at 31 December 2023 1,680
Depreciation
As at 1 January 2023 2,116
Provided during the period 315
Disposals (1,696 )
As at 31 December 2023 735
Net Book Value
As at 31 December 2023 945
As at 1 January 2023 1,397
5. Debtors
2023 2022
£ £
Due within one year
Other debtors - 3,042
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Other creditors 40,690 46,744
7. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
8. Directors Advances, Credits and Guarantees
Included in other creditors due within one year are loans from the directors, Mr N Magda and Mrs R Magda amounting to £38,535  (2022 - £44,588).
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9. Controlling Parties
The company was controlled throughout the current and previous period by its directors Mr M Nagda and
Mrs R Nagda by virtue of the fact that between them they own all of the company's ordinary issued share
capital.
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