Acorah Software Products - Accounts Production 15.0.600 false true 31 January 2023 1 February 2022 false 1 February 2023 31 January 2024 31 January 2024 00643784 Mr Edward Cope Mr Peter Cope iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 00643784 2023-01-31 00643784 2024-01-31 00643784 2023-02-01 2024-01-31 00643784 frs-core:CurrentFinancialInstruments 2024-01-31 00643784 frs-core:Non-currentFinancialInstruments 2024-01-31 00643784 frs-core:FurnitureFittings 2024-01-31 00643784 frs-core:FurnitureFittings 2023-02-01 2024-01-31 00643784 frs-core:FurnitureFittings 2023-01-31 00643784 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-02-01 2024-01-31 00643784 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-01-31 00643784 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-02-01 2024-01-31 00643784 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-01-31 00643784 frs-core:MotorVehicles 2024-01-31 00643784 frs-core:MotorVehicles 2023-02-01 2024-01-31 00643784 frs-core:MotorVehicles 2023-01-31 00643784 frs-core:PlantMachinery 2024-01-31 00643784 frs-core:PlantMachinery 2023-02-01 2024-01-31 00643784 frs-core:PlantMachinery 2023-01-31 00643784 frs-core:ShareCapital 2024-01-31 00643784 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 00643784 frs-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 00643784 frs-bus:FilletedAccounts 2023-02-01 2024-01-31 00643784 frs-bus:SmallEntities 2023-02-01 2024-01-31 00643784 frs-bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 00643784 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 00643784 frs-bus:Director1 2023-02-01 2024-01-31 00643784 frs-bus:Director2 2023-02-01 2024-01-31 00643784 frs-countries:EnglandWales 2023-02-01 2024-01-31 00643784 2022-01-31 00643784 2023-01-31 00643784 2022-02-01 2023-01-31 00643784 frs-core:CurrentFinancialInstruments 2023-01-31 00643784 frs-core:Non-currentFinancialInstruments 2023-01-31 00643784 frs-core:ShareCapital 2023-01-31 00643784 frs-core:RetainedEarningsAccumulatedLosses 2023-01-31
Registered number: 00643784
Ben Cope Limited
Financial Statements
For The Year Ended 31 January 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 00643784
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 18,444 26,216
18,444 26,216
CURRENT ASSETS
Stocks 5 2,685 2,830
Debtors 6 11,346 10,265
Cash at bank and in hand 26,269 9,762
40,300 22,857
Creditors: Amounts Falling Due Within One Year 7 (84,014 ) (60,824 )
NET CURRENT ASSETS (LIABILITIES) (43,714 ) (37,967 )
TOTAL ASSETS LESS CURRENT LIABILITIES (25,270 ) (11,751 )
Creditors: Amounts Falling Due After More Than One Year 8 (12,734 ) (19,893 )
NET LIABILITIES (38,004 ) (31,644 )
CAPITAL AND RESERVES
Called up share capital 9 2,500 2,500
Profit and Loss Account (40,504 ) (34,144 )
SHAREHOLDERS' FUNDS (38,004) (31,644)
Page 1
Page 2
For the year 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 Peter Cope
Director
19 October 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
Ben Cope Limited is a private company, limited by shares, incorporated in England & Wales, registered number 00643784 . The registered office is 28 Belper Street, Ilkeston, Derbyshire, DE7 5FJ.
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.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
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:
Freehold 20% straight line
Leasehold 20% straight line
Plant & Machinery 20% straight line
Motor Vehicles 20% straight line
Fixtures & Fittings 20% 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.
2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
Page 3
Page 4
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £ £
Cost
As at 1 February 2023 2,174 20,402 96,607 12,647 131,830
As at 31 January 2024 2,174 20,402 96,607 12,647 131,830
Depreciation
As at 1 February 2023 2,174 20,006 70,787 12,647 105,614
Provided during the period - 198 7,574 - 7,772
As at 31 January 2024 2,174 20,204 78,361 12,647 113,386
Net Book Value
As at 31 January 2024 - 198 18,246 - 18,444
As at 1 February 2023 - 396 25,820 - 26,216
5. Stocks
2024 2023
£ £
Stock 2,685 2,830
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 11,346 10,265
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 3,960 3,960
Trade creditors 5,473 6,115
Bank loans and overdrafts 3,200 3,200
Other taxes and social security 134 144
VAT 3,706 3,896
Accruals and deferred income 1,000 1,000
Directors' loan accounts 66,541 42,509
84,014 60,824
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 6,600 10,560
Bank loans 6,134 9,333
12,734 19,893
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Page 5
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2,500 2,500
Page 5