Acorah Software Products - Accounts Production 16.0.110 false true 6 April 2023 1 April 2022 false 7 April 2023 6 April 2024 6 April 2024 07289835 Mr Roger Pocock Mrs Philippa Pocock iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07289835 2023-04-06 07289835 2024-04-06 07289835 2023-04-07 2024-04-06 07289835 frs-core:CurrentFinancialInstruments 2024-04-06 07289835 frs-core:OtherReservesSubtotal 2024-04-06 07289835 frs-core:ShareCapital 2024-04-06 07289835 frs-core:RetainedEarningsAccumulatedLosses 2023-04-07 2024-04-06 07289835 frs-core:RetainedEarningsAccumulatedLosses 2024-04-06 07289835 frs-bus:PrivateLimitedCompanyLtd 2023-04-07 2024-04-06 07289835 frs-bus:FilletedAccounts 2023-04-07 2024-04-06 07289835 frs-bus:SmallEntities 2023-04-07 2024-04-06 07289835 frs-bus:AuditExempt-NoAccountantsReport 2023-04-07 2024-04-06 07289835 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-07 2024-04-06 07289835 frs-core:UnlistedNon-exchangeTraded 2024-04-06 07289835 frs-core:UnlistedNon-exchangeTraded 2023-04-06 07289835 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-04-06 07289835 frs-core:AdditionsToInvestments frs-core:UnlistedNon-exchangeTraded 2024-04-06 07289835 frs-core:DisposalsRepaymentsInvestments frs-core:UnlistedNon-exchangeTraded 2024-04-06 07289835 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-04-06 07289835 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-04-06 07289835 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-04-06 07289835 frs-bus:Director1 2023-04-07 2024-04-06 07289835 frs-bus:Director2 2023-04-07 2024-04-06 07289835 frs-countries:EnglandWales 2023-04-07 2024-04-06 07289835 2022-03-31 07289835 2023-04-06 07289835 2022-04-01 2023-04-06 07289835 frs-core:CurrentFinancialInstruments 2023-04-06 07289835 frs-core:OtherReservesSubtotal 2022-03-31 07289835 frs-core:OtherReservesSubtotal 2023-04-06 07289835 frs-core:ShareCapital 2022-03-31 07289835 frs-core:ShareCapital 2023-04-06 07289835 frs-core:RetainedEarningsAccumulatedLosses 2022-04-01 2023-04-06 07289835 frs-core:RetainedEarningsAccumulatedLosses frs-core:PreviouslyStatedAmount 2022-03-31 07289835 frs-core:RetainedEarningsAccumulatedLosses 2023-04-06
Registered number: 07289835
Frampton Grugeon Limited
Unaudited Financial Statements
For The Year Ended 6 April 2024
Montacs
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Statement of Changes in Equity 3
Notes to the Financial Statements 4—6
Page 1
Balance Sheet
Registered number: 07289835
2024 2023
as restated
Notes £ £ £ £
FIXED ASSETS
Investments 3 604,589 1,009,527
604,589 1,009,527
CURRENT ASSETS
Debtors 4 203,877 102,116
Cash at bank and in hand 395,366 237,882
599,243 339,998
Creditors: Amounts Falling Due Within One Year 5 (15,812 ) (39,050 )
NET CURRENT ASSETS (LIABILITIES) 583,431 300,948
TOTAL ASSETS LESS CURRENT LIABILITIES 1,188,020 1,310,475
NET ASSETS 1,188,020 1,310,475
CAPITAL AND RESERVES
Called up share capital 6 100 100
Other reserves 384,069 384,069
Profit and Loss Account 803,851 926,306
SHAREHOLDERS' FUNDS 1,188,020 1,310,475
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For the year ending 6 April 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
06/01/2025
The notes on pages 4 to 6 form part of these financial statements.
Page 2
Page 3
Statement of Changes in Equity
Share Capital Other reserves Profit and Loss Account Total
£ £ £ £
As at 1 April 2022 100 384,069 2,114,486 2,498,655
Loss for the year and total comprehensive income - - (1,023,500 ) (1,023,500)
Dividends paid - - (164,680) (164,680)
As at 6 April 2023 and 7 April 2023 as restated 100 384,069 926,306 1,310,475
Loss for the year and total comprehensive income - - (8,055 ) (8,055)
Dividends paid - - (114,400) (114,400)
As at 6 April 2024 100 384,069 803,851 1,188,020
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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 discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
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.
1.3. 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.
2. Average Number of Employees
Average number of employees, including directors, during the year was as: 2 (2023: 2)
2 2
Page 4
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3. Investments
Unlisted
£
Cost
As at 7 April 2023 1,009,527
Additions 25,603
Disposals (430,541 )
As at 6 April 2024 604,589
Provision
As at 7 April 2023 -
As at 6 April 2024 -
Net Book Value
As at 6 April 2024 604,589
As at 7 April 2023 1,009,527
4. Debtors
2024 2023
as restated
£ £
Due within one year
Other debtors 100,000 100,000
Directors' loan accounts - 2,116
Amounts owed by group undertakings 103,877 -
203,877 102,116
5. Creditors: Amounts Falling Due Within One Year
2024 2023
as restated
£ £
Corporation tax (136,192 ) (20,529 )
Other creditors 17,439 17,439
Accruals and deferred income 1,067 970
Directors' loan accounts 133,498 41,170
15,812 39,050
6. Share Capital
2024 2023
as restated
£ £
Allotted, Called up and fully paid 100 100
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7. Dividends
2024 2023
as restated
£ £
On equity shares:
Final dividend paid 114,400 164,680
114,400 164,680
Dividends to the following shareholders were paid during the year:
Philippa Pocock   £37,700 
Justin Pocock      £39,000
Roger Pocock      £37,700
8. General Information
Frampton Grugeon Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07289835 . The registered office is 72 Ennerdale Road, Shrewsbury, Shropshire, SY1 3LD.
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