Acorah Software Products - Accounts Production 16.1.300 false true 30 June 2023 1 July 2022 false 1 July 2023 30 June 2024 30 June 2024 12682594 Miss C Litras Mrs C Litras true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12682594 2023-06-30 12682594 2024-06-30 12682594 2023-07-01 2024-06-30 12682594 frs-core:CurrentFinancialInstruments 2024-06-30 12682594 frs-core:ComputerEquipment 2024-06-30 12682594 frs-core:ComputerEquipment 2023-07-01 2024-06-30 12682594 frs-core:ComputerEquipment 2023-06-30 12682594 frs-core:FurnitureFittings 2024-06-30 12682594 frs-core:FurnitureFittings 2023-07-01 2024-06-30 12682594 frs-core:FurnitureFittings 2023-06-30 12682594 frs-core:ShareCapital 2024-06-30 12682594 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 12682594 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 12682594 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 12682594 frs-bus:SmallEntities 2023-07-01 2024-06-30 12682594 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 12682594 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 12682594 1 2023-07-01 2024-06-30 12682594 frs-core:DeferredTaxation 2023-07-01 2024-06-30 12682594 frs-core:DeferredTaxation 2023-06-30 12682594 frs-bus:Director1 2023-07-01 2024-06-30 12682594 frs-countries:EnglandWales 2023-07-01 2024-06-30 12682594 2022-06-30 12682594 2023-06-30 12682594 2022-07-01 2023-06-30 12682594 frs-core:CurrentFinancialInstruments 2023-06-30 12682594 frs-core:ShareCapital 2023-06-30 12682594 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30
Registered number: 12682594
ALLCHLOEROSE Ltd
Unaudited Financial Statements
For The Year Ended 30 June 2024
Richards Associates Limited
North Lodge
Hawkesyard
Rugeley
Staffordshire
WS15 1PS
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 12682594
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 923 1,819
923 1,819
CURRENT ASSETS
Stocks 5 2,500 2,500
Debtors 6 93,816 13,804
Cash at bank and in hand 175,501 201,519
271,817 217,823
Creditors: Amounts Falling Due Within One Year 7 (62,927 ) (59,934 )
NET CURRENT ASSETS (LIABILITIES) 208,890 157,889
TOTAL ASSETS LESS CURRENT LIABILITIES 209,813 159,708
PROVISIONS FOR LIABILITIES
Deferred Taxation - (346 )
NET ASSETS 209,813 159,362
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 209,713 159,262
SHAREHOLDERS' FUNDS 209,813 159,362
Page 1
Page 2
For the year ending 30 June 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
Miss C Litras
Director
11 November 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
ALLCHLOEROSE Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12682594 . The registered office is North Lodge, Hawkesyard, Rugeley, Staffordshire, WS15 1PS.
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.
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:
Fixtures & Fittings 20% on cost
Computer Equipment 33% on cost
2.4. 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.
2.5. Financial Instruments
The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, and loans to related parties.
2.6. 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.
Page 3
Page 4
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. Going concern
At the time of approving the financial statements the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future.
The directors continue to adopt the going concern basis of accounting in preparing financial statements.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 July 2023 547 5,139 5,686
As at 30 June 2024 547 5,139 5,686
Depreciation
As at 1 July 2023 36 3,831 3,867
Provided during the period 110 786 896
As at 30 June 2024 146 4,617 4,763
...CONTINUED
Page 4
Page 5
Net Book Value
As at 30 June 2024 401 522 923
As at 1 July 2023 511 1,308 1,819
5. Stocks
2024 2023
£ £
Stock 2,500 2,500
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors - 748
Prepayments and accrued income 45,816 13,056
Other debtors 48,000 -
93,816 13,804
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors - 240
Corporation tax 32,811 34,665
Other taxes and social security 1,023 -
VAT 18,988 10,635
Accruals and deferred income 9,832 4,071
Director's loan account 273 10,323
62,927 59,934
8. Provisions for Liabilities
Deferred Tax Total
£ £
As at 1 July 2023 346 346
Utilised (346 ) (346)
Page 5
Page 6
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
10. Ultimate Controlling Party
The company's ultimate controlling party is Mrs C Litras by virtue of her ownership of 100% of the issued share capital in the company.
Page 6