Acorah Software Products - Accounts Production 15.0.600 false true true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 SC386077 Lisa Campbell iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC386077 2023-03-31 SC386077 2024-03-31 SC386077 2023-04-01 2024-03-31 SC386077 frs-core:CurrentFinancialInstruments 2024-03-31 SC386077 frs-core:Non-currentFinancialInstruments 2024-03-31 SC386077 frs-core:ComputerEquipment 2024-03-31 SC386077 frs-core:ComputerEquipment 2023-04-01 2024-03-31 SC386077 frs-core:ComputerEquipment 2023-03-31 SC386077 frs-core:MotorVehicles 2024-03-31 SC386077 frs-core:MotorVehicles 2023-04-01 2024-03-31 SC386077 frs-core:MotorVehicles 2023-03-31 SC386077 frs-core:PlantMachinery 2024-03-31 SC386077 frs-core:PlantMachinery 2023-04-01 2024-03-31 SC386077 frs-core:PlantMachinery 2023-03-31 SC386077 frs-core:ShareCapital 2024-03-31 SC386077 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 SC386077 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 SC386077 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 SC386077 frs-bus:SmallEntities 2023-04-01 2024-03-31 SC386077 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 SC386077 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 SC386077 frs-bus:Director1 2023-04-01 2024-03-31 SC386077 frs-bus:Director1 2023-03-31 SC386077 frs-bus:Director1 2024-03-31 SC386077 frs-countries:Scotland 2023-04-01 2024-03-31 SC386077 2022-03-31 SC386077 2023-03-31 SC386077 2022-04-01 2023-03-31 SC386077 frs-core:CurrentFinancialInstruments 2023-03-31 SC386077 frs-core:Non-currentFinancialInstruments 2023-03-31 SC386077 frs-core:ShareCapital 2023-03-31 SC386077 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: SC386077
Investor Conferences (UK) Limited
Unaudited Financial Statements
For The Year Ended 31 March 2024
Prime Numbers
Chartered Accountants
1 Lochrin Square
92 Fountainbridge
Edinburgh
EH3 9QA
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: SC386077
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 7,381 9,842
7,381 9,842
CURRENT ASSETS
Debtors 5 44,174 14,676
Cash at bank and in hand 702 23,354
44,876 38,030
Creditors: Amounts Falling Due Within One Year 6 (61,537 ) (44,602 )
NET CURRENT ASSETS (LIABILITIES) (16,661 ) (6,572 )
TOTAL ASSETS LESS CURRENT LIABILITIES (9,280 ) 3,270
Creditors: Amounts Falling Due After More Than One Year 7 (23,652 ) (28,889 )
NET LIABILITIES (32,932 ) (25,619 )
CAPITAL AND RESERVES
Called up share capital 8 1 1
Profit and Loss Account (32,933 ) (25,620 )
SHAREHOLDERS' FUNDS (32,932) (25,619)
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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 her 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
Lisa Campbell
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
Investor Conferences (UK) Limited is a private company, limited by shares, incorporated in Scotland, registered number SC386077 . The registered office is 3/2 Guardianswood, Ellersley Road, Edinburgh, EH12 6PG.
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. Going Concern Disclosure
Following the easing of national restrictions, events have recommenced from late 2021. The company remains dependent on shareholder support but the director is confident that the company will continue to meet its liabilities and the going concern basis remains appropriate.
2.3. 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 event organisation services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

2.4. 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 & Machinery 33% straight line
Motor Vehicles 25% reducing balance
Computer Equipment 25% straight line
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year 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 is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
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4. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 April 2023 6,841 10,986 483 18,310
As at 31 March 2024 6,841 10,986 483 18,310
Depreciation
As at 1 April 2023 6,841 1,144 483 8,468
Provided during the period - 2,461 - 2,461
As at 31 March 2024 6,841 3,605 483 10,929
Net Book Value
As at 31 March 2024 - 7,381 - 7,381
As at 1 April 2023 - 9,842 - 9,842
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 2,385 2,572
Prepayments and accrued income 3,205 -
Other debtors 14,446 -
Corporation tax recoverable assets - 11,257
Director's loan account 17,905 847
37,941 14,676
Due after more than one year
Corporation tax recoverable assets 6,233 -
44,174 14,676
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 1 174
Bank loans and overdrafts 3,750 3,750
Other loans 17,341 -
Corporation tax 18,216 17,451
Other taxes and social security 7,709 7,122
VAT 14,340 14,230
Other creditors - 1,695
Accruals and deferred income 180 180
61,537 44,602
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 23,652 28,889
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8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
9. 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
£ £ £ £ £
Miss Lisa Campbell 847 17,058 - - 17,905
The above loan is unsecured, interest free and repayable on demand.
10. Intangible Assets
The balance sheet excludes the value of the company's customer database and website. All development and maintenance expenditure relating to these assets has been expensed. In the opinion of the director these assets have a market value in excess of £80,000.
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