Acorah Software Products - Accounts Production 15.0.600 false true 31 May 2023 1 June 2022 false 1 June 2023 31 May 2024 31 May 2024 07622607 Mr Percy Stilwell Mr Andrew Rogoff iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07622607 2023-05-31 07622607 2024-05-31 07622607 2023-06-01 2024-05-31 07622607 frs-core:CurrentFinancialInstruments 2024-05-31 07622607 frs-core:ComputerEquipment 2024-05-31 07622607 frs-core:ComputerEquipment 2023-06-01 2024-05-31 07622607 frs-core:ComputerEquipment 2023-05-31 07622607 frs-core:CopyrightsPatentsTrademarksServiceOperatingRights 2024-05-31 07622607 frs-core:CopyrightsPatentsTrademarksServiceOperatingRights 2023-06-01 2024-05-31 07622607 frs-core:CopyrightsPatentsTrademarksServiceOperatingRights 2023-05-31 07622607 frs-core:FurnitureFittings 2024-05-31 07622607 frs-core:FurnitureFittings 2023-06-01 2024-05-31 07622607 frs-core:FurnitureFittings 2023-05-31 07622607 frs-core:SharePremium 2024-05-31 07622607 frs-core:ShareCapital 2024-05-31 07622607 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 07622607 frs-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 07622607 frs-bus:FilletedAccounts 2023-06-01 2024-05-31 07622607 frs-bus:SmallEntities 2023-06-01 2024-05-31 07622607 frs-bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 07622607 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 07622607 frs-bus:Director1 2023-06-01 2024-05-31 07622607 frs-bus:Director2 2023-06-01 2024-05-31 07622607 1 2023-06-01 2024-05-31 07622607 frs-countries:EnglandWales 2023-06-01 2024-05-31 07622607 2022-05-31 07622607 2023-05-31 07622607 2022-06-01 2023-05-31 07622607 frs-core:CurrentFinancialInstruments 2023-05-31 07622607 frs-core:SharePremium 2023-05-31 07622607 frs-core:ShareCapital 2023-05-31 07622607 frs-core:RetainedEarningsAccumulatedLosses 2023-05-31 07622607 1 2022-06-01 2023-05-31
Registered number: 07622607
Resource Guru Limited
Unaudited Financial Statements
For The Year Ended 31 May 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 07622607
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 7,856 10,445
7,856 10,445
CURRENT ASSETS
Debtors 6 67,741 50,037
Cash at bank and in hand 387,807 376,467
455,548 426,504
Creditors: Amounts Falling Due Within One Year 7 (112,643 ) (211,245 )
NET CURRENT ASSETS (LIABILITIES) 342,905 215,259
TOTAL ASSETS LESS CURRENT LIABILITIES 350,761 225,704
NET ASSETS 350,761 225,704
CAPITAL AND RESERVES
Called up share capital 1,554 1,554
Share premium account 694,216 694,216
Profit and Loss Account (345,009 ) (470,066 )
SHAREHOLDERS' FUNDS 350,761 225,704
Page 1
Page 2
For the year ending 31 May 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 Percy Stilwell
Director
25 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
Resource Guru Limited is a private company, limited by shares, incorporated in England & Wales, the registered number is 07622607 . The registered office is 86-90 Paul Street, London, England, EC2A 4NE.
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 value added taxes. Turnover includes revenue earned from the provision of services and is recogonised at the point of invoice. If the provision of services spans the financial year end, it is measured by reviewing the actual services performed against the total services to be provided and is only recognised if it can be estimated reliably.
2.3. Intangible Fixed Assets and Amortisation - Intellectual Property
Intellectual property assets are amortised to the profit and loss account over its estimated economic life of 3 years.
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 and fittings 20% straight line
Computer equipment 25% reducing balance method
2.5. Financial Instruments
Debtors and creditors which are due within one year are recorded at transaction price, less any impairment. 
2.6. Foreign Currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.7. Taxation
The taxation expense represents the sum of the tax currently payable and deferred tax. Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
Current tax
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account 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.
Deferred tax 
...CONTINUED
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2.7. Taxation - continued
Deferred tax has not been recognised as it is not material to the financial statements. The directors will review this annually.
2.8. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
2024 2023
Average number of employees, including directors, during the year 14 13
14 13
4. Intangible Assets
Intellectual Property
£
Cost
As at 1 June 2023 768
As at 31 May 2024 768
Amortisation
As at 1 June 2023 768
As at 31 May 2024 768
Net Book Value
As at 31 May 2024 -
As at 1 June 2023 -
5. Tangible Assets
Fixtures and fittings Computer equipment Total
£ £ £
Cost
As at 1 June 2023 1,501 16,006 17,507
As at 31 May 2024 1,501 16,006 17,507
Depreciation
As at 1 June 2023 213 6,849 7,062
Provided during the period 300 2,289 2,589
As at 31 May 2024 513 9,138 9,651
...CONTINUED
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Page 5
Net Book Value
As at 31 May 2024 988 6,868 7,856
As at 1 June 2023 1,288 9,157 10,445
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 25,888 24,872
Other debtors 41,853 25,165
67,741 50,037
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 49,716 37,736
Bank loans and overdrafts - 125,000
Other creditors 24,579 19,082
Taxation and social security 38,348 29,427
112,643 211,245
Page 5