Acorah Software Products - Accounts Production 15.0.600 false true 31 December 2022 1 January 2022 false 4 October 2024 1 January 2023 31 December 2023 31 December 2023 01984849 Mrs Nicola Consterdine Mr Mark Ruffels Ms Louise Butler Mr Paul Dicken Mrs Claire Wood Mr Darshak Kacha Mr Philip Lewis iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 01984849 2022-12-31 01984849 2023-12-31 01984849 2023-01-01 2023-12-31 01984849 frs-core:CurrentFinancialInstruments 2023-12-31 01984849 frs-core:BetweenOneFiveYears 2023-12-31 01984849 frs-core:ComputerEquipment 2023-12-31 01984849 frs-core:ComputerEquipment 2023-01-01 2023-12-31 01984849 frs-core:ComputerEquipment 2022-12-31 01984849 frs-core:FurnitureFittings 2023-12-31 01984849 frs-core:FurnitureFittings 2023-01-01 2023-12-31 01984849 frs-core:FurnitureFittings 2022-12-31 01984849 frs-core:WithinOneYear 2023-12-31 01984849 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 01984849 frs-bus:CompanyLimitedByGuarantee 2023-01-01 2023-12-31 01984849 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 01984849 frs-bus:SmallEntities 2023-01-01 2023-12-31 01984849 frs-bus:Audited 2023-01-01 2023-12-31 01984849 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 01984849 frs-bus:Director1 2023-01-01 2023-12-31 01984849 frs-bus:Director2 2023-01-01 2023-12-31 01984849 frs-bus:Director3 2023-01-01 2023-12-31 01984849 frs-bus:Director4 2023-01-01 2023-12-31 01984849 frs-bus:Director5 2023-01-01 2023-12-31 01984849 frs-bus:Director6 2023-01-01 2023-12-31 01984849 frs-bus:CompanySecretary1 2023-01-01 2023-12-31 01984849 frs-countries:EnglandWales 2023-01-01 2023-12-31 01984849 2021-12-31 01984849 2022-12-31 01984849 2022-01-01 2022-12-31 01984849 frs-core:CurrentFinancialInstruments 2022-12-31 01984849 frs-core:BetweenOneFiveYears 2022-12-31 01984849 frs-core:WithinOneYear 2022-12-31 01984849 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 01984849
Anti Counterfeiting Group(The)
Financial Statements
For The Year Ended 31 December 2023
Chimes Accountancy Services Ltd
Financial Statements
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—4
Page 1
Balance Sheet
Registered number: 01984849
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 2,112 2,242
2,112 2,242
CURRENT ASSETS
Debtors 5 234,788 77,920
Cash at bank and in hand 223,947 204,097
458,735 282,017
Creditors: Amounts Falling Due Within One Year 6 (355,718 ) (164,249 )
NET CURRENT ASSETS (LIABILITIES) 103,017 117,768
TOTAL ASSETS LESS CURRENT LIABILITIES 105,129 120,010
NET ASSETS 105,129 120,010
Income and Expenditure Account 105,129 120,010
MEMBERS' FUNDS 105,129 120,010
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 Income and Expenditure Account.
On behalf of the board
Mrs Nicola Consterdine
Director
04/10/2024
The notes on pages 2 to 4 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Anti Counterfeiting Group(The) is a private company, limited by guarantee, incorporated in England & Wales, registered number 01984849 . The registered office is 20 Manor Courtyard, Hughenden Avenue, High Wycombe, Bucks, HP13 5RE.
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. Significant judgements and estimations
In the application of the company's accounting policies, management is required to make judgements, estimates and assumptions about the carrying values of assets and liabilities that are not readily apparent from other sources. The estimates and underlying assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for services provided in the normal course of business, net of discounts, value added tax and other sales-related taxes.
Turnover comprises membership subscriptions, conference fees and other income.
2.4. 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 25% reducing balance
Computer Equipment 4 years straight line
2.5. Leasing and Hire Purchase Contracts
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profits on a straight line basis over the period of the lease.
2.6. Financial Instruments
The company has applied the provisions of Section 11 "Basic Financial Instruments" and Section 12 "Other Financial Insturment Issues" of FRS 102 to its financial statements.
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. 
2.7. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the income and expenditure account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2022: 3)
4 3
Page 2
Page 3
4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 January 2023 9,192 21,103 30,295
Additions - 957 957
As at 31 December 2023 9,192 22,060 31,252
Depreciation
As at 1 January 2023 8,648 19,405 28,053
Provided during the period 136 951 1,087
As at 31 December 2023 8,784 20,356 29,140
Net Book Value
As at 31 December 2023 408 1,704 2,112
As at 1 January 2023 544 1,698 2,242
5. Debtors
2023 2022
£ £
Due within one year
Trade debtors 230,115 72,174
Prepayments and accrued income 4,673 5,746
234,788 77,920
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 53,932 67,982
Corporation tax - (2,355 )
Other taxes and social security 10,223 9,507
VAT 22,339 751
Other creditors 260,684 79,799
Accruals and deferred income 8,540 8,565
355,718 164,249
7. Other Commitments
The total amount of financial commitments not included in the statement of financial provision is:
2023 2022
£ £
Not later than one year 15,940 14,197
Later than one year and not later than five years 62,208 52,838
78,148 67,035
The operating lease is represnted by the rent for the office.
The financial commitment is for Peninsula HR
Page 3
Page 4
8. Related Party Transactions
Other transactions with directors
Each director of the company is a representative of a subscriber member. Subscriptions and any other transactions between subscriber members and the company are on an arm's length basis.
9. Company limited by guarantee
The company is limited by guarantee and has no share capital.
Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
10. FRC's Ethical Standard - Provision Available for Small Entities
In common with other businesses of our size and nature we use our auditors to prepare and submit returns to the tax authorities and assist with the preparation of the financial statements.
11. Audit Information
The auditors report on the account of Anti Counterfeiting Group(The) for the year ended 31 December 2023 was unqualified
The auditor's report was signed by Philippa Duckworth (Senior Statutory Auditor) for and on behalf of WP Audit Limited , Statutory Auditor
WP Audit Limited
TOR, Saint-Cloud Way
Maidenhead
Berkshire
SL6 8BN
Page 4