Acorah Software Products - Accounts Production 16.0.110 false true 31 January 2023 1 February 2022 false 1 February 2023 31 January 2024 31 January 2024 13166805 Mr Christian Clee Mr Robert Parker iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13166805 2023-01-31 13166805 2024-01-31 13166805 2023-02-01 2024-01-31 13166805 frs-core:CurrentFinancialInstruments 2024-01-31 13166805 frs-core:Non-currentFinancialInstruments 2024-01-31 13166805 frs-core:FurnitureFittings 2024-01-31 13166805 frs-core:FurnitureFittings 2023-02-01 2024-01-31 13166805 frs-core:FurnitureFittings 2023-01-31 13166805 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-01-31 13166805 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-02-01 2024-01-31 13166805 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-01-31 13166805 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 13166805 frs-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 13166805 frs-bus:FilletedAccounts 2023-02-01 2024-01-31 13166805 frs-bus:SmallEntities 2023-02-01 2024-01-31 13166805 frs-bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 13166805 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 13166805 frs-bus:Director1 2023-02-01 2024-01-31 13166805 frs-bus:Director2 2023-02-01 2024-01-31 13166805 frs-countries:EnglandWales 2023-02-01 2024-01-31 13166805 2022-01-31 13166805 2023-01-31 13166805 2022-02-01 2023-01-31 13166805 frs-core:CurrentFinancialInstruments 2023-01-31 13166805 frs-core:Non-currentFinancialInstruments 2023-01-31 13166805 frs-core:RetainedEarningsAccumulatedLosses 2023-01-31
Registered number: 13166805
Brightbox Workspace Ltd
Unaudited Financial Statements
For The Year Ended 31 January 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 13166805
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 231,327 202,501
231,327 202,501
CURRENT ASSETS
Debtors 5 - 13,337
Cash at bank and in hand 255 1,547
255 14,884
Creditors: Amounts Falling Due Within One Year 6 (159,521 ) (134,059 )
NET CURRENT ASSETS (LIABILITIES) (159,266 ) (119,175 )
TOTAL ASSETS LESS CURRENT LIABILITIES 72,061 83,326
Creditors: Amounts Falling Due After More Than One Year 7 (84,091 ) (88,016 )
NET LIABILITIES (12,030 ) (4,690 )
Profit and Loss Account (12,030 ) (4,690 )
SHAREHOLDERS' FUNDS (12,030) (4,690)
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 Christian Clee
Director
18 October 2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Brightbox Workspace Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13166805 . The registered office is 28 Heol Y Coed, Rhiwbina, Cardiff, CF14 6HT.
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:
Leasehold 0%
Fixtures & Fittings 25% Straight Line
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Tangible Assets
Land & Property
Leasehold Fixtures & Fittings Total
£ £ £
Cost
As at 1 February 2023 179,051 31,266 210,317
Additions 36,643 - 36,643
As at 31 January 2024 215,694 31,266 246,960
Depreciation
As at 1 February 2023 - 7,816 7,816
Provided during the period - 7,817 7,817
As at 31 January 2024 - 15,633 15,633
Net Book Value
As at 31 January 2024 215,694 15,633 231,327
As at 1 February 2023 179,051 23,450 202,501
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5. Debtors
2024 2023
£ £
Due within one year
VAT - 13,337
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors - 1
Bank loans and overdrafts 4,246 3,995
Corporation tax 400 -
VAT 612 -
Other creditors 153,063 128,863
Accruals and deferred income 1,200 1,200
159,521 134,059
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 84,091 88,016
8. Share Capital
2024 2023
£ £
Page 4