Acorah Software Products - Accounts Production 16.0.110 false true 31 August 2023 1 September 2022 false 1 September 2023 31 August 2024 31 August 2024 13551311 Mr Liam Blenes Mr Jason Bennett iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13551311 2023-08-31 13551311 2024-08-31 13551311 2023-09-01 2024-08-31 13551311 frs-core:CurrentFinancialInstruments 2024-08-31 13551311 frs-core:ComputerEquipment 2024-08-31 13551311 frs-core:ComputerEquipment 2023-09-01 2024-08-31 13551311 frs-core:ComputerEquipment 2023-08-31 13551311 frs-core:ShareCapital 2024-08-31 13551311 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 13551311 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 13551311 frs-bus:FilletedAccounts 2023-09-01 2024-08-31 13551311 frs-bus:SmallEntities 2023-09-01 2024-08-31 13551311 frs-bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 13551311 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 13551311 frs-bus:Director1 2023-09-01 2024-08-31 13551311 frs-bus:Director2 2023-09-01 2024-08-31 13551311 frs-countries:EnglandWales 2023-09-01 2024-08-31 13551311 2022-08-31 13551311 2023-08-31 13551311 2022-09-01 2023-08-31 13551311 frs-core:CurrentFinancialInstruments 2023-08-31 13551311 frs-core:ShareCapital 2023-08-31 13551311 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31
Registered number: 13551311
Bailiff Help Team Ltd
Financial Statements
For The Year Ended 31 August 2024
Contents
Page
Statement of Financial Position 1
Notes to the Financial Statements 2—3
Page 1
Statement of Financial Position
Registered number: 13551311
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 2,403 2,300
2,403 2,300
CURRENT ASSETS
Debtors 5 8,878 12,281
Cash at bank and in hand 121,788 100,499
130,666 112,780
Creditors: Amounts Falling Due Within One Year 6 (34,567 ) (15,441 )
NET CURRENT ASSETS (LIABILITIES) 96,099 97,339
TOTAL ASSETS LESS CURRENT LIABILITIES 98,502 99,639
NET ASSETS 98,502 99,639
CAPITAL AND RESERVES
Called up share capital 7 2 2
Income Statement 98,500 99,637
SHAREHOLDERS' FUNDS 98,502 99,639
For the year ending 31 August 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 Income Statement.
On behalf of the board
Mr Liam Blenes
Director
30 October 2024
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Bailiff Help Team Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13551311 . The registered office is The Cottage Tolcarne, St. Day, Redruth, Cornwall, TR16 5EY.
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.
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:
Computer Equipment 25%
2.4. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income 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 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 assets reflect 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.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 5 (2023: 5)
5 5
Page 2
Page 3
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 September 2023 4,700
Additions 853
As at 31 August 2024 5,553
Depreciation
As at 1 September 2023 2,400
Provided during the period 750
As at 31 August 2024 3,150
Net Book Value
As at 31 August 2024 2,403
As at 1 September 2023 2,300
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 7,910 2,100
Other taxes and social security - 31
Directors' loan accounts 968 10,150
8,878 12,281
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Corporation tax 14,200 14,476
Other taxes and social security 3,364 -
Net wages 1,636 725
Accruals and deferred income 14,540 240
Directors' loan accounts 827 -
34,567 15,441
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
8. Dividends
2024 2023
£ £
On equity shares:
Final dividend paid 54,500 80,000
Page 3