Acorah Software Products - Accounts Production 15.0.600 false true true 30 April 2023 1 May 2022 false 1 May 2023 30 April 2024 30 April 2024 13310304 Mrs A V Ludeman Mr D E Ludeman iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13310304 2023-04-30 13310304 2024-04-30 13310304 2023-05-01 2024-04-30 13310304 frs-core:CurrentFinancialInstruments 2024-04-30 13310304 frs-core:ComputerEquipment 2024-04-30 13310304 frs-core:ComputerEquipment 2023-05-01 2024-04-30 13310304 frs-core:ComputerEquipment 2023-04-30 13310304 frs-core:FurnitureFittings 2024-04-30 13310304 frs-core:FurnitureFittings 2023-05-01 2024-04-30 13310304 frs-core:FurnitureFittings 2023-04-30 13310304 frs-core:MotorVehicles 2024-04-30 13310304 frs-core:MotorVehicles 2023-05-01 2024-04-30 13310304 frs-core:MotorVehicles 2023-04-30 13310304 frs-core:ShareCapital 2024-04-30 13310304 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 13310304 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 13310304 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 13310304 frs-bus:SmallEntities 2023-05-01 2024-04-30 13310304 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 13310304 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 13310304 frs-bus:Director1 2023-05-01 2024-04-30 13310304 frs-bus:Director2 2023-05-01 2024-04-30 13310304 frs-countries:EnglandWales 2023-05-01 2024-04-30 13310304 2022-04-30 13310304 2023-04-30 13310304 2022-05-01 2023-04-30 13310304 frs-core:CurrentFinancialInstruments 2023-04-30 13310304 frs-core:ShareCapital 2023-04-30 13310304 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30
Registered number: 13310304
Valued Recruitment Limited
Unaudited Financial Statements
For The Year Ended 30 April 2024
Goldwyns London LLP
Contents
Page
Statement of Financial Position 1
Notes to the Financial Statements 2—4
Page 1
Statement of Financial Position
Registered number: 13310304
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,477 1,494
1,477 1,494
CURRENT ASSETS
Debtors 5 34,629 16,289
Cash at bank and in hand 77,224 80,066
111,853 96,355
Creditors: Amounts Falling Due Within One Year 6 (42,585 ) (37,034 )
NET CURRENT ASSETS (LIABILITIES) 69,268 59,321
TOTAL ASSETS LESS CURRENT LIABILITIES 70,745 60,815
NET ASSETS 70,745 60,815
CAPITAL AND RESERVES
Called up share capital 7 1 1
Income Statement 70,744 60,814
SHAREHOLDERS' FUNDS 70,745 60,815
For the year ending 30 April 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
Mrs A V Ludeman
Director
23/09/2024
The notes on pages 2 to 4 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Valued Recruitment Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13310304 . The registered office is 124 City Road, London, EC1V 2NX.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
These financial statements are prepared in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
The financial statements are prepared in UK sterling, which is the financial currency of the entity. Monetary amounts in these financial statements are rounded to the nearest UK pound.
The principle accounting policies adopted are set below.
2.2. Going Concern Disclosure
The directors has considered the prospect of the business for the next twelve months and beyond and has arrived at a reasonable expectation the company will continue to meet its obligations as they fall due. The directors has also pledged their financial support to assist with this if required. On this basis, the director will continue to adopt the going concern basis of accounting in preparing the financial statements.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts, value added taxes and other sales taxes.
2.4. Tangible Fixed Assets and Depreciation
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:
Motor Vehicles 25% Reducing balance
Fixtures & Fittings 15% Reducing balance
Computer Equipment 25% Reducing balance
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses.
2.5. Taxation
Taxation for the year comprises current tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.
2.6. Financial Instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors, creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.
2.7. Cash and Cash Equivalents
Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
2.8. Critical Accounting Judgements And Key Sources of Estimation Uncertainty
In the application of the company's accounting policies management is required to make judgements, estimates and assumptions about the carrying value of assets and liabilities that are not readily ascertainable from other sources. The estimates and underlying assumptions are based on historical experience and other factors that are considered to be relevant. Actual outcomes may differ from these estimates.
The estimates and underlying assumptions are reviewed on a continuing basis. Revisions to accounting estimates are recognised in the year in which the estimates are revised.
The key areas of estimation uncertainty that have a significant effect on the amounts recognised in the financial statements are described below:
Accrued Expenditure
The company includes a provision for invoices which are yet to be received from and amounts paid in advance to suppliers. These provisions are estimated based upon the expected values of the invoices which are issued and services received following the year end.
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Page 3
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2024 2023
Office and administration 2 2
2 2
4. Tangible Assets
Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 May 2023 824 677 402 1,903
Additions - - 399 399
As at 30 April 2024 824 677 801 2,302
Depreciation
As at 1 May 2023 206 102 101 409
Provided during the period 155 86 175 416
As at 30 April 2024 361 188 276 825
Net Book Value
As at 30 April 2024 463 489 525 1,477
As at 1 May 2023 618 575 301 1,494
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 34,629 15,264
Other debtors - 500
Other taxes and social security - 525
34,629 16,289
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 1,221 -
Corporation tax 23,354 25,727
Other taxes and social security 1,015 -
VAT 16,546 9,855
Accruals and deferred income - 1,350
Directors' loan accounts 449 102
42,585 37,034
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Page 4
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
During the year, the company has issued 100 Ordinary Shares for the nominal value of £0.01 per share.
8. Related Party Transactions
The Directors loan account balance of Mrs A V Ludeman, a director and shareholder of the company, totalled £229 as at the year-end, which is a current liability, interest free and repayable on demand.
The Directors loan account balance of Mr D E Ludeman, a director and shareholder of the company, totalled £220 as at the year-end, which is a current liability, interest free and repayable on demand.
Page 4