Acorah Software Products - Accounts Production 16.1.200 false true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 05690183 Mr C D Dickens Mrs C J Dickens iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05690183 2022-12-31 05690183 2023-12-31 05690183 2023-01-01 2023-12-31 05690183 frs-core:CurrentFinancialInstruments 2023-12-31 05690183 frs-core:Non-currentFinancialInstruments 2023-12-31 05690183 frs-core:BetweenOneFiveYears 2023-12-31 05690183 frs-core:ComputerEquipment 2023-12-31 05690183 frs-core:ComputerEquipment 2023-01-01 2023-12-31 05690183 frs-core:ComputerEquipment 2022-12-31 05690183 frs-core:MotorVehicles 2023-12-31 05690183 frs-core:MotorVehicles 2023-01-01 2023-12-31 05690183 frs-core:MotorVehicles 2022-12-31 05690183 frs-core:PlantMachinery 2023-12-31 05690183 frs-core:PlantMachinery 2023-01-01 2023-12-31 05690183 frs-core:PlantMachinery 2022-12-31 05690183 frs-core:WithinOneYear 2023-12-31 05690183 frs-core:ShareCapital 2023-12-31 05690183 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 05690183 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 05690183 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 05690183 frs-bus:SmallEntities 2023-01-01 2023-12-31 05690183 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 05690183 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 05690183 frs-bus:Director1 2023-01-01 2023-12-31 05690183 frs-bus:Director1 2022-12-31 05690183 frs-bus:Director1 2023-12-31 05690183 frs-bus:Director2 2023-01-01 2023-12-31 05690183 frs-bus:Director2 2022-12-31 05690183 frs-bus:Director2 2023-12-31 05690183 frs-countries:EnglandWales 2023-01-01 2023-12-31 05690183 2021-12-31 05690183 2022-12-31 05690183 2022-01-01 2022-12-31 05690183 frs-core:CurrentFinancialInstruments 2022-12-31 05690183 frs-core:Non-currentFinancialInstruments 2022-12-31 05690183 frs-core:BetweenOneFiveYears 2022-12-31 05690183 frs-core:MotorVehicles 2022-01-01 2022-12-31 05690183 frs-core:WithinOneYear 2022-12-31 05690183 frs-core:ShareCapital 2022-12-31 05690183 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 05690183
Clarus Solutions Limited
Unaudited Financial Statements
For The Year Ended 31 December 2023
Southern Accounting
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 05690183
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 124,966 92,524
Investment Properties 5 223,921 169,115
348,887 261,639
CURRENT ASSETS
Stocks 6 253,062 694,521
Debtors 7 607,596 890,111
Investments 8 270,133 6
Cash at bank and in hand 256,486 556,427
1,387,277 2,141,065
Creditors: Amounts Falling Due Within One Year 9 (1,588,385 ) (2,357,270 )
NET CURRENT ASSETS (LIABILITIES) (201,108 ) (216,205 )
TOTAL ASSETS LESS CURRENT LIABILITIES 147,779 45,434
Creditors: Amounts Falling Due After More Than One Year 10 (109,159 ) (24,167 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (31,241 ) (1,807 )
NET ASSETS 7,379 19,460
CAPITAL AND RESERVES
Called up share capital 12 100 100
Profit and Loss Account 7,279 19,360
SHAREHOLDERS' FUNDS 7,379 19,460
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For the year ending 31 December 2023 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 C D Dickens
Director
20/12/2024
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Clarus Solutions Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05690183 . The registered office is Suites 5 & 6, The Thorne Business Park, Bethersden, Ashford, Kent, TN26 3AF.
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 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. 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 25% on Reducing Balance
Motor Vehicles 25% on Reducing Balance
Computer Equipment 25% on Reducing Balance
2.4. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
2.5. 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.
2.6. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
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2.7. 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.
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.
2.8. 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: 4 (2022: 4)
4 4
4. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 January 2023 8,791 135,355 4,350 148,496
Additions 286 105,508 - 105,794
Disposals - (94,799 ) - (94,799 )
As at 31 December 2023 9,077 146,064 4,350 159,491
Depreciation
As at 1 January 2023 4,388 49,359 2,225 55,972
Provided during the period 1,150 11,566 531 13,247
Disposals - (34,694 ) - (34,694 )
As at 31 December 2023 5,538 26,231 2,756 34,525
Net Book Value
As at 31 December 2023 3,539 119,833 1,594 124,966
As at 1 January 2023 4,403 85,996 2,125 92,524
Included above are assets held under finance leases or hire purchase contracts with a net book value as follows:
2023 2022
£ £
Motor Vehicles 116,548 81,617
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Page 5
5. Investment Property
2023
£
Fair Value
As at 1 January 2023 169,115
Additions 54,806
As at 31 December 2023 223,921
6. Stocks
2023 2022
£ £
Work in progress 253,062 694,521
7. Debtors
2023 2022
£ £
Due within one year
Trade debtors 40,795 185,176
Amounts owed by group undertakings 251,950 440,017
Other debtors 314,851 264,918
607,596 890,111
8. Current Asset Investments
2023 2022
£ £
Shares in subsidiaries 270,133 6
9. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Net obligations under finance lease and hire purchase contracts 13,786 90,681
Trade creditors 245,336 1,039,151
Bank loans and overdrafts 10,000 10,000
Amounts owed to group undertakings 992,382 637,848
Other creditors 64,899 126,962
Taxation and social security 261,982 452,628
1,588,385 2,357,270
10. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Net obligations under finance lease and hire purchase contracts 94,992 -
Bank loans 14,167 24,167
109,159 24,167
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11. Obligations Under Finance Leases and Hire Purchase
2023 2022
£ £
The future minimum finance lease payments are as follows:
Not later than one year 13,786 90,681
Later than one year and not later than five years 94,992 -
108,778 90,681
108,778 90,681
12. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
13. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 January 2023 Amounts advanced Amounts repaid Amounts written off As at 31 December 2023
£ £ £ £ £
Mr Christopher Dickens 131,544 - 89,796 - 41,748
Mrs Claire Dickens - 2,760 - - 2,760
The above loan is unsecured, interest free and repayable on demand.
14. Related Party Transactions
During the year, the company was released from three loans with related parties, where there is a common director and shareholder, totalling £202,162. The release of these loans has been recorded as Other Operating Income within the Profit and Loss Statement.
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