Acorah Software Products - Accounts Production 16.1.300 false true 30 April 2023 1 May 2022 false 1 May 2023 30 April 2024 30 April 2024 08490947 Mr Paul Bulpitt Mr Peter Czapp iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08490947 2023-04-30 08490947 2024-04-30 08490947 2023-05-01 2024-04-30 08490947 frs-core:CurrentFinancialInstruments 2024-04-30 08490947 frs-core:Non-currentFinancialInstruments 2024-04-30 08490947 frs-core:ComputerEquipment 2024-04-30 08490947 frs-core:ComputerEquipment 2023-05-01 2024-04-30 08490947 frs-core:ComputerEquipment 2023-04-30 08490947 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-05-01 2024-04-30 08490947 frs-core:OtherResidualIntangibleAssets 2024-04-30 08490947 frs-core:OtherResidualIntangibleAssets 2023-05-01 2024-04-30 08490947 frs-core:OtherResidualIntangibleAssets 2023-04-30 08490947 frs-core:CapitalRedemptionReserve 2024-04-30 08490947 frs-core:ShareCapital 2024-04-30 08490947 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 08490947 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 08490947 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 08490947 frs-bus:SmallEntities 2023-05-01 2024-04-30 08490947 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 08490947 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 08490947 frs-bus:Director1 2023-05-01 2024-04-30 08490947 frs-bus:Director2 2023-05-01 2024-04-30 08490947 1 2023-05-01 2024-04-30 08490947 frs-countries:EnglandWales 2023-05-01 2024-04-30 08490947 2022-04-30 08490947 2023-04-30 08490947 2022-05-01 2023-04-30 08490947 frs-core:CurrentFinancialInstruments 2023-04-30 08490947 frs-core:Non-currentFinancialInstruments 2023-04-30 08490947 frs-core:CapitalRedemptionReserve 2023-04-30 08490947 frs-core:ShareCapital 2023-04-30 08490947 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30 08490947 1 2022-05-01 2023-04-30
Registered number: 08490947
The Agency Collective Ltd
Unaudited Financial Statements
For The Year Ended 30 April 2024
The Wow Company UK Ltd
3rd Floor, 86-90 Paul Street
London
EC2A 4NE
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 08490947
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 3 44,000 68,000
Tangible Assets 4 4,194 2,502
48,194 70,502
CURRENT ASSETS
Debtors 5 13,281 2,290
Cash at bank and in hand 290,632 312,913
303,913 315,203
Creditors: Amounts Falling Due Within One Year 6 (43,243 ) (77,514 )
NET CURRENT ASSETS (LIABILITIES) 260,670 237,689
TOTAL ASSETS LESS CURRENT LIABILITIES 308,864 308,191
Creditors: Amounts Falling Due After More Than One Year 7 - (25,528 )
NET ASSETS 308,864 282,663
CAPITAL AND RESERVES
Called up share capital 90 90
Capital redemption reserve (49,910 ) (49,910 )
Profit and Loss Account 358,684 332,483
SHAREHOLDERS' FUNDS 308,864 282,663
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For the year ending 30 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
Mr Peter Czapp
Director
15 July 2024
The notes on pages 3 to 5 form part of these financial statements.
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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, net of discounts and value-added taxes. Turnover is recognised at the point of invoice.
1.3. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are Domain. It is amortised to profit and loss account over its estimated economic life of 6.25 years.
1.4. 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:
Computer equipment 25% reducing balance
1.5. Financial Instruments
Debtors and creditors which are due wthin one year are recorded at transaction price, less any impairment. 
1.6. Foreign Currencies
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.
1.7. Taxation
The taxation expense represents the sum of the tax currently payable and deferred tax. 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.
Current tax
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account 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 
Deferred tax has not been recognised as it is not material to the financial statements. The directors will review this annually.
1.8. 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.
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2. Average Number of Employees
2024 2023
Average number of employees, including directors, during the year 5 5
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3. Intangible Assets
Domain
£
Cost
As at 1 May 2023 150,000
As at 30 April 2024 150,000
Amortisation
As at 1 May 2023 82,000
Provided during the period 24,000
As at 30 April 2024 106,000
Net Book Value
As at 30 April 2024 44,000
As at 1 May 2023 68,000
4. Tangible Assets
Computer equipment
£
Cost
As at 1 May 2023 4,859
Additions 2,798
As at 30 April 2024 7,657
Depreciation
As at 1 May 2023 2,357
Provided during the period 1,106
As at 30 April 2024 3,463
Net Book Value
As at 30 April 2024 4,194
As at 1 May 2023 2,502
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5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 119 831
Other debtors 13,162 1,459
13,281 2,290
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 15,293 2,912
Bank loans and overdrafts - 190
Amounts owed to group undertakings 1,027 268
Other creditors 3,519 26,153
Taxation and social security 23,404 47,991
43,243 77,514
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Other creditors - 25,528
- 25,528
8. Related Party Transactions
The amount due to the related party at the year end was £1,027 (2023 : £268)
9. General Information
The Agency Collective Ltd is a private company, limited by shares, incorporated in England & Wales, the registered number is 08490947 . The registered office is 3rd Floor 86-90 Paul Street, London, England, EC2A 4NE.
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