Acorah Software Products - Accounts Production 16.1.300 false true 31 October 2023 1 November 2022 false 1 November 2023 31 October 2024 31 October 2024 5965462 Mrs Donna Branagan Mr David Branagan iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 5965462 2023-10-31 5965462 2024-10-31 5965462 2023-11-01 2024-10-31 5965462 frs-core:CurrentFinancialInstruments 2024-10-31 5965462 frs-core:ComputerEquipment 2024-10-31 5965462 frs-core:ComputerEquipment 2023-11-01 2024-10-31 5965462 frs-core:ComputerEquipment 2023-10-31 5965462 frs-core:FurnitureFittings 2024-10-31 5965462 frs-core:FurnitureFittings 2023-11-01 2024-10-31 5965462 frs-core:FurnitureFittings 2023-10-31 5965462 frs-core:NetGoodwill 2024-10-31 5965462 frs-core:NetGoodwill 2023-10-31 5965462 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-10-31 5965462 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-11-01 2024-10-31 5965462 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-10-31 5965462 frs-core:MotorVehicles 2024-10-31 5965462 frs-core:MotorVehicles 2023-11-01 2024-10-31 5965462 frs-core:MotorVehicles 2023-10-31 5965462 frs-core:PlantMachinery 2024-10-31 5965462 frs-core:PlantMachinery 2023-11-01 2024-10-31 5965462 frs-core:PlantMachinery 2023-10-31 5965462 frs-core:ShareCapital 2024-10-31 5965462 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31 5965462 frs-bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 5965462 frs-bus:FilletedAccounts 2023-11-01 2024-10-31 5965462 frs-bus:SmallEntities 2023-11-01 2024-10-31 5965462 frs-bus:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 5965462 frs-bus:SmallCompaniesRegimeForAccounts 2023-11-01 2024-10-31 5965462 frs-bus:OrdinaryShareClass1 2023-11-01 2024-10-31 5965462 frs-bus:OrdinaryShareClass1 2024-10-31 5965462 frs-bus:Director1 2023-11-01 2024-10-31 5965462 frs-bus:Director1 2023-10-31 5965462 frs-bus:Director1 2024-10-31 5965462 frs-bus:Director2 2023-11-01 2024-10-31 5965462 frs-core:CurrentFinancialInstruments 5 2024-10-31 5965462 frs-countries:EnglandWales 2023-11-01 2024-10-31 5965462 2022-10-31 5965462 2023-10-31 5965462 2022-11-01 2023-10-31 5965462 frs-core:CurrentFinancialInstruments 2023-10-31 5965462 frs-core:ShareCapital 2023-10-31 5965462 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31 5965462 frs-bus:OrdinaryShareClass1 2022-11-01 2023-10-31 5965462 frs-core:CurrentFinancialInstruments 5 2023-10-31
Registered number: 5965462
Branagans Accountancy Services Ltd
Unaudited Financial Statements
For The Year Ended 31 October 2024
Branagans Accountancy Services Ltd
352 Herringthorpe Valley Rd
Rotherham
S60 4LA
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 5965462
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 28,730 35,013
28,730 35,013
CURRENT ASSETS
Debtors 6 12,320 22,816
Cash at bank and in hand 59,218 34,231
71,538 57,047
Creditors: Amounts Falling Due Within One Year 7 (93,366 ) (75,181 )
NET CURRENT ASSETS (LIABILITIES) (21,828 ) (18,134 )
TOTAL ASSETS LESS CURRENT LIABILITIES 6,902 16,879
NET ASSETS 6,902 16,879
CAPITAL AND RESERVES
Called up share capital 8 60 60
Profit and Loss Account 6,842 16,819
SHAREHOLDERS' FUNDS 6,902 16,879
Page 1
Page 2
For the year ending 31 October 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
Mrs Donna Branagan
Director
22/01/2025
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
Branagans Accountancy Services Ltd Registered number 5965462 is a limited by shares company incorporated in England & Wales. The Registered Office is 352 Herringthorpe Valley Road, Stag, Rotherham, South Yorkshire, S60 4LA.
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 comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. 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:
Freehold 15% Reducing balance
Plant & Machinery 15% Reducing balance
Motor Vehicles 20% Reducing balance
Fixtures & Fittings 15% Reducing balance
Computer Equipment 15% Reducing balance
2.4. Taxation
The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.
2.5. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2024 2023
Office and administration 6 6
6 6
4. Intangible Assets
Goodwill
£
Cost
As at 1 November 2023 23,500
As at 31 October 2024 23,500
Amortisation
As at 1 November 2023 23,500
As at 31 October 2024 23,500
...CONTINUED
Page 3
Page 4
Net Book Value
As at 31 October 2024 -
As at 1 November 2023 -
5. Tangible Assets
Land & Property
Freehold Plant & Machinery Motor Vehicles Fixtures & Fittings
£ £ £ £
Cost
As at 1 November 2023 7,406 3,752 47,945 597
Additions - - - -
As at 31 October 2024 7,406 3,752 47,945 597
Depreciation
As at 1 November 2023 5,691 2,526 17,260 166
Provided during the period 257 184 6,137 65
As at 31 October 2024 5,948 2,710 23,397 231
Net Book Value
As at 31 October 2024 1,458 1,042 24,548 366
As at 1 November 2023 1,715 1,226 30,685 431
Computer Equipment Total
£ £
Cost
As at 1 November 2023 3,144 62,844
Additions 592 592
As at 31 October 2024 3,736 63,436
Depreciation
As at 1 November 2023 2,188 27,831
Provided during the period 232 6,875
As at 31 October 2024 2,420 34,706
Net Book Value
As at 31 October 2024 1,316 28,730
As at 1 November 2023 956 35,013
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 91,847 90,303
Prepayments and accrued income (79,527 ) (74,202 )
Amounts owed by associates - 6,715
12,320 22,816
Page 4
Page 5
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 2,055 3,647
Bank loans and overdrafts 14,913 24,345
Corporation tax 23,599 15,651
Other taxes and social security 1,281 999
VAT 15,781 16,081
Unearned income 35,467 -
Accruals and deferred income - 14,403
Directors' loan accounts 270 55
93,366 75,181
8. Share Capital
2024 2023
Allotted, called up and fully paid £ £
60 Ordinary Shares of £ 1.000 each 60 60
9. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 November 2023 Amounts advanced Amounts repaid Amounts written off As at 31 October 2024
£ £ £ £ £
Mrs Donna Branagan 6,715 - 6,715 - -
The above loan is unsecured, interest free and repayable on demand.
10. Dividends
2024 2023
£ £
On equity shares:
Final dividend paid 81,000 61,000
Page 5