Acorah Software Products - Accounts Production 16.0.110 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 13017209 Mr Dirk Anderson Mr Stuart Anderson Mr Barry Shaw iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13017209 2023-12-31 13017209 2024-12-31 13017209 2024-01-01 2024-12-31 13017209 frs-core:CurrentFinancialInstruments 2024-12-31 13017209 frs-core:ComputerEquipment 2024-12-31 13017209 frs-core:ComputerEquipment 2024-01-01 2024-12-31 13017209 frs-core:ComputerEquipment 2023-12-31 13017209 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-01-01 2024-12-31 13017209 frs-core:FurnitureFittings 2024-12-31 13017209 frs-core:FurnitureFittings 2024-01-01 2024-12-31 13017209 frs-core:FurnitureFittings 2023-12-31 13017209 frs-core:OtherResidualIntangibleAssets 2024-12-31 13017209 frs-core:OtherResidualIntangibleAssets 2024-01-01 2024-12-31 13017209 frs-core:OtherResidualIntangibleAssets 2023-12-31 13017209 frs-core:WithinOneYear 2024-12-31 13017209 frs-core:OtherReservesSubtotal 2024-12-31 13017209 frs-core:SharePremium 2024-12-31 13017209 frs-core:ShareCapital 2024-12-31 13017209 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 13017209 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 13017209 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 13017209 frs-bus:SmallEntities 2024-01-01 2024-12-31 13017209 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 13017209 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 13017209 frs-bus:Director1 2024-01-01 2024-12-31 13017209 frs-bus:Director2 2024-01-01 2024-12-31 13017209 frs-bus:Director3 2024-01-01 2024-12-31 13017209 frs-countries:EnglandWales 2024-01-01 2024-12-31 13017209 2022-12-31 13017209 2023-12-31 13017209 2023-01-01 2023-12-31 13017209 frs-core:CurrentFinancialInstruments 2023-12-31 13017209 frs-core:WithinOneYear 2023-12-31 13017209 frs-core:OtherReservesSubtotal 2023-12-31 13017209 frs-core:SharePremium 2023-12-31 13017209 frs-core:ShareCapital 2023-12-31 13017209 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 13017209
Blakyaks Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
The Numbers Studio
Chartered Accountants
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 13017209
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 4,593 6,418
Tangible Assets 5 14,143 23,716
18,736 30,134
CURRENT ASSETS
Debtors 6 644,383 376,194
Investments 7 9,000 33,000
Cash at bank and in hand 2,766,938 1,775,005
3,420,321 2,184,199
Creditors: Amounts Falling Due Within One Year 8 (798,237 ) (431,652 )
NET CURRENT ASSETS (LIABILITIES) 2,622,084 1,752,547
TOTAL ASSETS LESS CURRENT LIABILITIES 2,640,820 1,782,681
PROVISIONS FOR LIABILITIES
Deferred Taxation (4,684 ) (36,326 )
NET ASSETS 2,636,136 1,746,355
CAPITAL AND RESERVES
Called up share capital 9 900 900
Share premium account 224,700 224,700
Other reserves 9,130 7,063
Profit and Loss Account 2,401,406 1,513,692
SHAREHOLDERS' FUNDS 2,636,136 1,746,355
Page 1
Page 2
For the year ending 31 December 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 Dirk Anderson
Director
15 January 2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Blakyaks Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13017209 . The registered office is 64 Great Eastern Street, London, EC2A 3QR.
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.
The financial statements are prepared in £ sterling, the functional currency, rounded to the nearest £1.
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 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.
2.3. Intangible Fixed Assets and Amortisation - Other Intangible
The Website (intangible asset) is amortised to the profit and loss account using the straight line method at a rate of 25% per annum. 
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:
Fixtures & Fittings 4 Years Straight Line
Computer Equipment 3 Years Straight Line
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. 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 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 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.
...CONTINUED
Page 3
Page 4
2.6. Taxation - continued
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 assets reflect 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 and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are 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: 36 (2023: 32)
36 32
4. Intangible Assets
Other
£
Cost
As at 1 January 2024 7,300
As at 31 December 2024 7,300
Amortisation
As at 1 January 2024 882
Provided during the period 1,825
As at 31 December 2024 2,707
Net Book Value
As at 31 December 2024 4,593
As at 1 January 2024 6,418
5. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 January 2024 4,357 50,216 54,573
Additions 118 10,563 10,681
As at 31 December 2024 4,475 60,779 65,254
Depreciation
As at 1 January 2024 458 30,399 30,857
Provided during the period 1,094 19,160 20,254
As at 31 December 2024 1,552 49,559 51,111
Net Book Value
As at 31 December 2024 2,923 11,220 14,143
As at 1 January 2024 3,899 19,817 23,716
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Page 5
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 610,757 360,819
Other debtors 33,626 15,375
644,383 376,194
7. Current Asset Investments
2024 2023
£ £
Short term deposits 9,000 33,000
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 70,321 5,547
Other creditors - 18,973
Taxation and social security 727,916 407,132
798,237 431,652
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 900 900
10. Other Commitments
The total of future minimum rent payments under an non-cancellable license agreement are as following:
2024 2023
£ £
Not later than one year 45,000 -
45,000 -
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