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 07268600 Ms Leonie Coveney Mr Simon Bonner iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07268600 2023-01-31 07268600 2024-01-31 07268600 2023-02-01 2024-01-31 07268600 frs-core:CurrentFinancialInstruments 2024-01-31 07268600 frs-core:ComputerEquipment 2024-01-31 07268600 frs-core:ComputerEquipment 2023-02-01 2024-01-31 07268600 frs-core:ComputerEquipment 2023-01-31 07268600 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-01-31 07268600 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-02-01 2024-01-31 07268600 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-01-31 07268600 frs-core:PlantMachinery 2024-01-31 07268600 frs-core:PlantMachinery 2023-02-01 2024-01-31 07268600 frs-core:PlantMachinery 2023-01-31 07268600 frs-core:ShareCapital 2024-01-31 07268600 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 07268600 frs-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 07268600 frs-bus:FilletedAccounts 2023-02-01 2024-01-31 07268600 frs-bus:SmallEntities 2023-02-01 2024-01-31 07268600 frs-bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 07268600 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 07268600 frs-bus:Director1 2023-02-01 2024-01-31 07268600 frs-bus:Director2 2023-02-01 2024-01-31 07268600 1 2023-02-01 2024-01-31 07268600 frs-countries:EnglandWales 2023-02-01 2024-01-31 07268600 2022-01-31 07268600 2023-01-31 07268600 2022-02-01 2023-01-31 07268600 frs-core:CurrentFinancialInstruments 2023-01-31 07268600 frs-core:ShareCapital 2023-01-31 07268600 frs-core:RetainedEarningsAccumulatedLosses 2023-01-31 07268600 1 2022-02-01 2023-01-31
Registered number: 07268600
Bonners & Babingtons Limited
Unaudited 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: 07268600
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 49,976 36,625
49,976 36,625
CURRENT ASSETS
Debtors 5 119,240 85,098
Cash at bank and in hand 433,383 531,833
552,623 616,931
Creditors: Amounts Falling Due Within One Year 6 (95,833 ) (116,472 )
NET CURRENT ASSETS (LIABILITIES) 456,790 500,459
TOTAL ASSETS LESS CURRENT LIABILITIES 506,766 537,084
PROVISIONS FOR LIABILITIES
Deferred Taxation (5,397 ) (1,397 )
NET ASSETS 501,369 535,687
CAPITAL AND RESERVES
Called up share capital 100 100
Profit and Loss Account 501,269 535,587
SHAREHOLDERS' FUNDS 501,369 535,687
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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
Ms Leonie Coveney
Director
29 October 2024
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Bonners & Babingtons Limited is a private company, limited by shares, incorporated in England & Wales, the registered number is 07268600 . The registered office is Robert House, 19 Station Road, Chinnor, Oxfordshire, OX39 4PU.
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 recognised at the point of invoice.
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:
Improvement to property 2% Straight line on cost
Equipment fixture and fittings 25% Reducing balance
Computer equipment 25% Straight line on cost
2.4. Financial Instruments
Debtors and creditors which are due within one year are recorded at transaction price, less any impairment. 
2.5. 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 
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities. 
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2.6. 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 16 16
16 16
4. Tangible Assets
Land & Property
Improvement to property Equipment fixture and fittings Computer equipment Total
£ £ £ £
Cost
As at 1 February 2023 33,685 28,692 21,132 83,509
Additions - 20,485 1,055 21,540
As at 31 January 2024 33,685 49,177 22,187 105,049
Depreciation
As at 1 February 2023 5,317 23,797 17,770 46,884
Provided during the period 673 6,274 1,242 8,189
As at 31 January 2024 5,990 30,071 19,012 55,073
Net Book Value
As at 31 January 2024 27,695 19,106 3,175 49,976
As at 1 February 2023 28,368 4,895 3,362 36,625
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 49,135 22,908
Amounts owed by participating interests 70,105 62,190
119,240 85,098
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6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 21,693 16,046
Bank loans and overdrafts 1,058 68
Other creditors 19,711 3,795
Taxation and social security 53,371 96,563
95,833 116,472
7. Related Party Transactions
The total amount due from the related party at the year end was £70,105 (2023 : £62,190).
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