Acorah Software Products - Accounts Production 15.0.600 false true 30 September 2023 1 October 2022 false 1 October 2023 30 September 2024 30 September 2024 10369433 Mr N Davidson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10369433 2023-09-30 10369433 2024-09-30 10369433 2023-10-01 2024-09-30 10369433 frs-core:CurrentFinancialInstruments 2024-09-30 10369433 frs-core:Non-currentFinancialInstruments 2024-09-30 10369433 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-10-01 2024-09-30 10369433 frs-core:InvestmentPropertyIncludedWithinPPE 2024-09-30 10369433 frs-core:InvestmentPropertyIncludedWithinPPE 2023-10-01 2024-09-30 10369433 frs-core:InvestmentPropertyIncludedWithinPPE 2023-09-30 10369433 frs-core:OtherResidualIntangibleAssets 2024-09-30 10369433 frs-core:OtherResidualIntangibleAssets 2023-09-30 10369433 frs-core:PlantMachinery 2024-09-30 10369433 frs-core:PlantMachinery 2023-10-01 2024-09-30 10369433 frs-core:PlantMachinery 2023-09-30 10369433 frs-core:RevaluationReserve 2023-10-01 2024-09-30 10369433 frs-core:RevaluationReserve 2023-09-30 10369433 frs-core:RevaluationReserve 2024-09-30 10369433 frs-core:ShareCapital 2024-09-30 10369433 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 10369433 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 10369433 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 10369433 frs-bus:SmallEntities 2023-10-01 2024-09-30 10369433 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 10369433 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 10369433 frs-bus:Director1 2023-10-01 2024-09-30 10369433 frs-countries:EnglandWales 2023-10-01 2024-09-30 10369433 2022-09-30 10369433 2023-09-30 10369433 2022-10-01 2023-09-30 10369433 frs-core:CurrentFinancialInstruments 2023-09-30 10369433 frs-core:Non-currentFinancialInstruments 2023-09-30 10369433 frs-core:RevaluationReserve 2023-09-30 10369433 frs-core:ShareCapital 2023-09-30 10369433 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30
Registered number: 10369433
You & Co. Living Limited
Unaudited Financial Statements
For The Year Ended 30 September 2024
Unaudited Financial Statements
Contents
Page
Company Information 1
Balance Sheet 2—3
Notes to the Financial Statements 4—6
Page 1
Company Information
Director Mr N Davidson
Company Number 10369433
Registered Office 27 Brook Lane
Chester
CH2 2AP
Page 1
Page 2
Balance Sheet
Registered number: 10369433
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 2,263,186 2,505,944
2,263,186 2,505,944
CURRENT ASSETS
Stocks 6 148,067 257,432
Debtors 7 126,406 -
Cash at bank and in hand 118,764 91,731
393,237 349,163
Creditors: Amounts Falling Due Within One Year 8 (808,280 ) (951,800 )
NET CURRENT ASSETS (LIABILITIES) (415,043 ) (602,637 )
TOTAL ASSETS LESS CURRENT LIABILITIES 1,848,143 1,903,307
Creditors: Amounts Falling Due After More Than One Year 9 (1,713,165 ) (1,842,821 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (100,727 ) (100,727 )
NET ASSETS/(LIABILITIES) 34,251 (40,241 )
CAPITAL AND RESERVES
Called up share capital 10 200 200
Revaluation reserve 11 429,307 429,307
Profit and Loss Account (395,256 ) (469,748 )
SHAREHOLDERS' FUNDS 34,251 (40,241)
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For the year ending 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 N Davidson
Director
1 October 2024
The notes on pages 4 to 6 form part of these financial statements.
Page 3
Page 4
Notes to the Financial Statements
1. General Information
You & Co. Living Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10369433 . The registered office is 27 Brook Lane, Chester, CH2 2AP.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.
2.2. Turnover
Turnover represents rents receivable during the period. Rental income is recognised on the basis of amounts due in the period.
2.3. Intangible Fixed Assets and Amortisation - Other Intangible
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses. Franchise fees are being amortised evenly over their estimated useful life of five years.
2.4. Tangible Fixed Assets and Depreciation
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life on the following basis:
Plant & Machinery 3 years
2.5. Investment Properties
Investment property is shown at the most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.
2.6. Financial Instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties.
2.7. Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

2.8. Cash and cash equivalents
Cash and cash equivalents comprise cash at bank and on hand, deposits with banks and other short-term highly liquid investments and bank overdrafts. In the balance sheet, bank overdrafts are shown within borrowings or current liabilities.
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2.9. Trade and other creditors
Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method
2.10. Going concern
The company has the continued financial support of its director, who has agreed not to request repayment of their loans until the company has the funds available. On this basis the director of You & Co. Living Limited considers it appropriate to prepare accounts on the going concern basis. These financial statements do not include any adjustments that would result in the company suffering further trading losses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Intangible Assets
Other
£
Cost
As at 1 October 2023 27,600
As at 30 September 2024 27,600
Amortisation
As at 1 October 2023 27,600
As at 30 September 2024 27,600
Net Book Value
As at 30 September 2024 -
As at 1 October 2023 -
5. Tangible Assets
Investment Properties Plant & Machinery Total
£ £ £
Cost
As at 1 October 2023 2,505,944 34,097 2,540,041
Additions - 11,578 11,578
Disposals (250,477 ) - (250,477 )
As at 30 September 2024 2,255,467 45,675 2,301,142
Depreciation
As at 1 October 2023 - 34,097 34,097
Provided during the period - 3,859 3,859
As at 30 September 2024 - 37,956 37,956
Net Book Value
As at 30 September 2024 2,255,467 7,719 2,263,186
As at 1 October 2023 2,505,944 - 2,505,944
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6. Stocks
2024 2023
£ £
Finished goods 6,312 5,828
Work in progress 141,755 251,604
148,067 257,432
7. Debtors
2024 2023
£ £
Due within one year
Prepayments and accrued income 50 -
Other debtors 126,356 -
126,406 -
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Bank loans and overdrafts 9,392 15,026
Other creditors 206,603 301,923
Accruals and deferred income 7,805 9,959
Director's loan account 584,480 624,892
808,280 951,800
9. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 1,713,165 1,842,821
1,713,165 1,842,821
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 200 200
11. Reserves
Revaluation Reserve
£
As at 1 October 2023 429,307
Net investment property revaluation reserve 429,239
Transfer to profit and loss (429,239 )
As at 30 September 2024 429,307
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