Acorah Software Products - Accounts Production 16.0.110 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 08340599 Mr Francois Collomb iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08340599 2023-03-31 08340599 2024-03-31 08340599 2023-04-01 2024-03-31 08340599 frs-core:CurrentFinancialInstruments 2024-03-31 08340599 frs-core:ComputerEquipment 2024-03-31 08340599 frs-core:ComputerEquipment 2023-04-01 2024-03-31 08340599 frs-core:ComputerEquipment 2023-03-31 08340599 frs-core:FurnitureFittings 2024-03-31 08340599 frs-core:FurnitureFittings 2023-04-01 2024-03-31 08340599 frs-core:FurnitureFittings 2023-03-31 08340599 frs-core:NetGoodwill 2024-03-31 08340599 frs-core:NetGoodwill 2023-04-01 2024-03-31 08340599 frs-core:NetGoodwill 2023-03-31 08340599 frs-core:PlantMachinery 2024-03-31 08340599 frs-core:PlantMachinery 2023-04-01 2024-03-31 08340599 frs-core:PlantMachinery 2023-03-31 08340599 frs-core:CapitalRedemptionReserve 2024-03-31 08340599 frs-core:ShareCapital 2024-03-31 08340599 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 08340599 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 08340599 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 08340599 frs-bus:SmallEntities 2023-04-01 2024-03-31 08340599 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 08340599 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 08340599 frs-bus:Director1 2023-04-01 2024-03-31 08340599 1 2023-04-01 2024-03-31 08340599 frs-countries:EnglandWales 2023-04-01 2024-03-31 08340599 2022-03-31 08340599 2023-03-31 08340599 2022-04-01 2023-03-31 08340599 frs-core:CurrentFinancialInstruments 2023-03-31 08340599 frs-core:CapitalRedemptionReserve 2023-03-31 08340599 frs-core:ShareCapital 2023-03-31 08340599 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31 08340599 1 2022-04-01 2023-03-31
Registered number: 08340599
CTO & Co Global Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2024
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 08340599
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 3,241 3,655
3,241 3,655
CURRENT ASSETS
Debtors 5 57,744 59,902
Cash at bank and in hand 181,081 145,753
238,825 205,655
Creditors: Amounts Falling Due Within One Year 6 (57,468 ) (43,914 )
NET CURRENT ASSETS (LIABILITIES) 181,357 161,741
TOTAL ASSETS LESS CURRENT LIABILITIES 184,598 165,396
NET ASSETS 184,598 165,396
CAPITAL AND RESERVES
Called up share capital 150 150
Capital redemption reserve 150 150
Profit and Loss Account 184,298 165,096
SHAREHOLDERS' FUNDS 184,598 165,396
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For the year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 Francois Collomb
Director
29 November 2024
The notes on pages 3 to 5 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. Accounting Policies
1.1. 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.
1.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of value added taxes. Turnover is measured by reviewing the actual services performed against the total services to be provided and is only recognised if it can be estimated reliably.
1.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 5 years.
1.4. 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 and machinery 25% Straight Line Method
Fixtures and fittings 20-25% Straight Line Method
Computer equipment 20-25% Straight Line Method
1.5. Financial Instruments
Debtors and creditors which are due within one year are recorded at transaction price, less any impairment. 
1.6. Foreign Currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
1.7. 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 has not been recognised as it is not material to the financial statements. The directors will review this annually. 
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2. Average Number of Employees
2024 2023
Average number of employees, including directors, during the year 4 2
4 2
3. Intangible Assets
Goodwill
£
Cost
As at 1 April 2023 200,000
As at 31 March 2024 200,000
Amortisation
As at 1 April 2023 200,000
As at 31 March 2024 200,000
Net Book Value
As at 31 March 2024 -
As at 1 April 2023 -
4. Tangible Assets
Plant and machinery Fixtures and fittings Computer equipment Total
£ £ £ £
Cost
As at 1 April 2023 2,733 1,676 15,183 19,592
Additions - - 1,425 1,425
As at 31 March 2024 2,733 1,676 16,608 21,017
Depreciation
As at 1 April 2023 702 1,004 14,231 15,937
Provided during the period 683 195 961 1,839
As at 31 March 2024 1,385 1,199 15,192 17,776
Net Book Value
As at 31 March 2024 1,348 477 1,416 3,241
As at 1 April 2023 2,031 672 952 3,655
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5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 57,744 39,976
Other debtors - 19,926
57,744 59,902
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 12,640 11,092
Other creditors 9,939 19,730
Taxation and social security 34,889 13,092
57,468 43,914
7. General Information
CTO & Co Global Ltd is a private company, limited by shares, incorporated in England & Wales, the registered number is 08340599 . The registered office is 29 Tregarvon Road, London, England, SW11 5QD.
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