Acorah Software Products - Accounts Production 16.0.110 false true 31 May 2023 1 June 2022 false 1 June 2023 31 May 2024 31 May 2024 08097441 Mr Jason Gifford Mrs Sarah Gifford iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08097441 2023-05-31 08097441 2024-05-31 08097441 2023-06-01 2024-05-31 08097441 frs-core:CurrentFinancialInstruments 2024-05-31 08097441 frs-core:ComputerEquipment 2024-05-31 08097441 frs-core:ComputerEquipment 2023-06-01 2024-05-31 08097441 frs-core:ComputerEquipment 2023-05-31 08097441 frs-core:FurnitureFittings 2024-05-31 08097441 frs-core:FurnitureFittings 2023-06-01 2024-05-31 08097441 frs-core:FurnitureFittings 2023-05-31 08097441 frs-core:ShareCapital 2024-05-31 08097441 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 08097441 frs-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 08097441 frs-bus:FilletedAccounts 2023-06-01 2024-05-31 08097441 frs-bus:SmallEntities 2023-06-01 2024-05-31 08097441 frs-bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 08097441 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 08097441 frs-bus:Director1 2023-06-01 2024-05-31 08097441 frs-bus:Director2 2023-06-01 2024-05-31 08097441 frs-countries:EnglandWales 2023-06-01 2024-05-31 08097441 2022-05-31 08097441 2023-05-31 08097441 2022-06-01 2023-05-31 08097441 frs-core:CurrentFinancialInstruments 2023-05-31 08097441 frs-core:ShareCapital 2023-05-31 08097441 frs-core:RetainedEarningsAccumulatedLosses 2023-05-31
Registered number: 08097441
Gifford Computer Services Ltd
Unaudited Financial Statements
For The Year Ended 31 May 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 08097441
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 4,400 5,078
4,400 5,078
CURRENT ASSETS
Debtors 5 11,974 10,264
Cash at bank and in hand 13,739 10,366
25,713 20,630
Creditors: Amounts Falling Due Within One Year 6 (22,079 ) (21,784 )
NET CURRENT ASSETS (LIABILITIES) 3,634 (1,154 )
TOTAL ASSETS LESS CURRENT LIABILITIES 8,034 3,924
PROVISIONS FOR LIABILITIES
Deferred Taxation (923 ) (965 )
NET ASSETS 7,111 2,959
CAPITAL AND RESERVES
Called up share capital 7 4 4
Profit and Loss Account 7,107 2,955
SHAREHOLDERS' FUNDS 7,111 2,959
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 Jason Gifford
Director
15/11/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Gifford Computer Services Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08097441 . The registered office is 1 Derwent Business Centre, Clarke Street, Derby, DE1 2BU.
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, excluding discounts, rebates, value added tax or other similar sales taxes.
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:
Fixtures & Fittings 25% Straight Line
Computer Equipment 20% Reducing Balance
2.4. Deferred Taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
2.5. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
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
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 June 2023 620 10,507 11,127
Additions - 538 538
As at 31 May 2024 620 11,045 11,665
Depreciation
As at 1 June 2023 310 5,739 6,049
Provided during the period 155 1,061 1,216
As at 31 May 2024 465 6,800 7,265
Net Book Value
As at 31 May 2024 155 4,245 4,400
As at 1 June 2023 310 4,768 5,078
Page 3
Page 4
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 11,970 10,260
Other debtors 4 4
11,974 10,264
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Corporation tax 16,160 13,146
Other taxes and social security 26 42
VAT 5,651 6,363
Other creditors 242 2,233
22,079 21,784
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 4 4
Page 4