Acorah Software Products - Accounts Production 16.1.200 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 07306110 Mr Pehr Auren iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07306110 2023-03-31 07306110 2024-03-31 07306110 2023-04-01 2024-03-31 07306110 frs-core:CurrentFinancialInstruments 2024-03-31 07306110 frs-core:Non-currentFinancialInstruments 2024-03-31 07306110 frs-core:BetweenOneFiveYears 2024-03-31 07306110 frs-core:PlantMachinery 2024-03-31 07306110 frs-core:PlantMachinery 2023-04-01 2024-03-31 07306110 frs-core:PlantMachinery 2023-03-31 07306110 frs-core:WithinOneYear 2024-03-31 07306110 frs-core:ShareCapital 2024-03-31 07306110 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 07306110 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 07306110 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 07306110 frs-bus:SmallEntities 2023-04-01 2024-03-31 07306110 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 07306110 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 07306110 frs-bus:Director1 2023-04-01 2024-03-31 07306110 frs-bus:Director1 2023-03-31 07306110 frs-bus:Director1 2024-03-31 07306110 frs-countries:EnglandWales 2023-04-01 2024-03-31 07306110 2022-03-31 07306110 2023-03-31 07306110 2022-04-01 2023-03-31 07306110 frs-core:CurrentFinancialInstruments 2023-03-31 07306110 frs-core:Non-currentFinancialInstruments 2023-03-31 07306110 frs-core:BetweenOneFiveYears 2023-03-31 07306110 frs-core:WithinOneYear 2023-03-31 07306110 frs-core:ShareCapital 2023-03-31 07306110 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 07306110
Accountum Limited
Unaudited Financial Statements
For The Year Ended 31 March 2024
Accountum Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 07306110
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 - 42
- 42
CURRENT ASSETS
Debtors 5 409,216 385,269
Cash at bank and in hand 6,315 6,202
415,531 391,471
Creditors: Amounts Falling Due Within One Year 6 (289,398 ) (210,031 )
NET CURRENT ASSETS (LIABILITIES) 126,133 181,440
TOTAL ASSETS LESS CURRENT LIABILITIES 126,133 181,482
Creditors: Amounts Falling Due After More Than One Year 7 (98,203 ) (97,482 )
NET ASSETS 27,930 84,000
CAPITAL AND RESERVES
Called up share capital 9 101 101
Profit and Loss Account 27,829 83,899
SHAREHOLDERS' FUNDS 27,930 84,000
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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 Pehr Auren
Director
27/12/2024
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Accountum Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07306110 . The registered office is Sweden House, 5 Upper Montagu Street, London, W1H 2AG.
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 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:
Plant & Machinery 3 years
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
2.5. Foreign Currencies
Monetary 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.
2.6. 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
Average number of employees, including directors, during the year was as follows:
2024 2023
Office and administration 10 9
10 9
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4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 April 2023 6,652
Disposals (6,652 )
As at 31 March 2024 -
Depreciation
As at 1 April 2023 6,610
Disposals (6,610 )
As at 31 March 2024 -
Net Book Value
As at 31 March 2024 -
As at 1 April 2023 42
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 50,578 82,035
Other debtors 358,638 303,234
409,216 385,269
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 7,531 11,863
Bank loans and overdrafts 32,084 44,051
Other loans 70,300 -
Other creditors 53,825 7,114
Taxation and social security 125,658 147,003
289,398 210,031
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 98,203 97,482
The bank loan is repayable over 6 years and is interest bearing at 9.4%.
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 101 101
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10. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2024 2023
£ £
Not later than one year 29,700 29,700
Later than one year and not later than five years 28,211 28,211
57,911 57,911
11. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 April 2023 Amounts advanced Amounts repaid Amounts written off As at 31 March 2024
£ £ £ £ £
Mr Pehr Auren 303,234 370,004 314,600 - 358,638
The above loan is unsecured, interest bearing at 3.25% and repayable on demand.
12. Related Party Transactions
The company paid expenses on behalf of the director and his close family totalling £6531 (PY £12,245). 
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