Acorah Software Products - Accounts Production 16.0.110 false true 31 July 2023 1 August 2022 false 1 August 2023 31 July 2024 31 July 2024 10869052 Mr Raymond Eamer Mr Luke Mcleod iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10869052 2023-07-31 10869052 2024-07-31 10869052 2023-08-01 2024-07-31 10869052 frs-core:Non-currentFinancialInstruments 2024-07-31 10869052 frs-core:ComputerEquipment 2023-08-01 2024-07-31 10869052 frs-core:FurnitureFittings 2023-08-01 2024-07-31 10869052 frs-core:PlantMachinery 2023-08-01 2024-07-31 10869052 frs-core:ShareCapital 2024-07-31 10869052 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 10869052 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 10869052 frs-bus:AbridgedAccounts 2023-08-01 2024-07-31 10869052 frs-bus:SmallEntities 2023-08-01 2024-07-31 10869052 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 10869052 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 10869052 frs-bus:Director1 2023-08-01 2024-07-31 10869052 frs-bus:Director2 2023-08-01 2024-07-31 10869052 frs-countries:EnglandWales 2023-08-01 2024-07-31 10869052 2022-07-31 10869052 2023-07-31 10869052 2022-08-01 2023-07-31 10869052 frs-core:Non-currentFinancialInstruments 2023-07-31 10869052 frs-core:ShareCapital 2023-07-31 10869052 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31
Registered number: 10869052
Good Move Finance Ltd
Unaudited ABRIDGED Financial Statements
For The Year Ended 31 July 2024
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—5
Page 1
Abridged Balance Sheet
Registered number: 10869052
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 3,494 4,934
3,494 4,934
CURRENT ASSETS
Debtors 71,287 71,228
Cash at bank and in hand 12,080 16,119
83,367 87,347
Creditors: Amounts Falling Due Within One Year (67,927 ) (75,361 )
NET CURRENT ASSETS (LIABILITIES) 15,440 11,986
TOTAL ASSETS LESS CURRENT LIABILITIES 18,934 16,920
Creditors: Amounts Falling Due After More Than One Year (7,353 ) (14,068 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (773 ) (937 )
NET ASSETS 10,808 1,915
CAPITAL AND RESERVES
Called up share capital 5 2 2
Profit and Loss Account 10,806 1,913
SHAREHOLDERS' FUNDS 10,808 1,915
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For the year ending 31 July 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.
All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 31 July 2024 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr Raymond Eamer
Director
Mr Luke Mcleod
Director
14/11/2024
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Abridged Financial Statements
1. General Information
Good Move Finance Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10869052 . The registered office is Portsmouth Technopole, Kingston Crescent, Portsmouth, Hampshire, PO2 8FA.
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.
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:
Plant & Machinery 25% on reducing balance
Fixtures & Fittings 25% on reducing balance
Computer Equipment 25% on reducing balance
2.4. Taxation
Taxation for the year comprises current and deferred 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 balance sheet date.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
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2.5. 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
The average number of persons employed under contracts of service during the year was:  1 (2023: 2)
1 2
4. Tangible Assets
Total
£
Cost
As at 1 August 2023 13,871
Disposals (665 )
As at 31 July 2024 13,206
Depreciation
As at 1 August 2023 8,937
Provided during the period 1,165
Disposals (390 )
As at 31 July 2024 9,712
Net Book Value
As at 31 July 2024 3,494
As at 1 August 2023 4,934
5. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
6. Pension Commitments
The company operates a defined contribution pension scheme for employees. The assets of the scheme are held separately from those of the company in an independently administered fund. At the balance sheet date unpaid contributions of £89 (2023: £89) were due to the fund. They are included in Other Creditors.
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7. Related Party Transactions
Prometheus Property Holdings LtdCompany controlled by the directorsLoan of £70,000. This loan is unsecured, interest free and repayable on demand.

Prometheus Property Holdings Ltd

Company controlled by the directors

Loan of £70,000. This loan is unsecured, interest free and repayable on demand.

£70,000 was owed to the company by Prometheus Property Holdings Ltd at 1 August 2023. £Nil (2023: £10,000) was repaid during the year, leaving a balance of £70,000 owed from Prometheus Property Holdings Ltd as at 31 July 2024.
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