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 10107859 Ms Belinda Raynes iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10107859 2023-04-30 10107859 2024-04-30 10107859 2023-05-01 2024-04-30 10107859 frs-core:CurrentFinancialInstruments 2024-04-30 10107859 frs-core:ComputerEquipment 2024-04-30 10107859 frs-core:ComputerEquipment 2023-05-01 2024-04-30 10107859 frs-core:ComputerEquipment 2023-04-30 10107859 frs-core:ShareCapital 2024-04-30 10107859 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 10107859 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 10107859 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 10107859 frs-bus:SmallEntities 2023-05-01 2024-04-30 10107859 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 10107859 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 10107859 frs-bus:Director1 2023-05-01 2024-04-30 10107859 1 2023-05-01 2024-04-30 10107859 frs-countries:EnglandWales 2023-05-01 2024-04-30 10107859 2022-04-30 10107859 2023-04-30 10107859 2022-05-01 2023-04-30 10107859 frs-core:CurrentFinancialInstruments 2023-04-30 10107859 frs-core:ShareCapital 2023-04-30 10107859 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30 10107859 1 2022-05-01 2023-04-30
Registered number: 10107859
Forgather Limited
Unaudited Financial Statements
For The Year Ended 30 April 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 10107859
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,302 1,394
1,302 1,394
CURRENT ASSETS
Debtors 5 188,455 169,908
Cash at bank and in hand 490,630 409,650
679,085 579,558
Creditors: Amounts Falling Due Within One Year 6 (159,085 ) (111,162 )
NET CURRENT ASSETS (LIABILITIES) 520,000 468,396
TOTAL ASSETS LESS CURRENT LIABILITIES 521,302 469,790
NET ASSETS 521,302 469,790
CAPITAL AND RESERVES
Called up share capital 10 10
Profit and Loss Account 521,292 469,780
SHAREHOLDERS' FUNDS 521,302 469,790
Page 1
Page 2
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 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
Ms Belinda Raynes
Director
22 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
Forgather Limited is a private company, limited by shares, incorporated in England & Wales, the registered number is 10107859 . The registered office is 16 Littleton Street, London, England, SW18 3SY.
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, net of discounts and value added taxes. Turnover is recognised at the point of invoice.
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:
Computer equipment 3 years Straight line
2.4. Financial Instruments
Debtors and creditors which are due wthin one year are recorded at transaction price, less any impairment.
2.5. 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.
2.6. 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 director will review this annually.
2.7. 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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3. Average Number of Employees
2024 2023
Average number of employees, including directors, during the year 3 3
3 3
4. Tangible Assets
Computer equipment
£
Cost
As at 1 May 2023 11,313
Additions 712
As at 30 April 2024 12,025
Depreciation
As at 1 May 2023 9,919
Provided during the period 804
As at 30 April 2024 10,723
Net Book Value
As at 30 April 2024 1,302
As at 1 May 2023 1,394
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 133,399 124,010
Other debtors 55,056 45,898
188,455 169,908
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 61,184 62,078
Other creditors 35,151 4,849
Taxation and social security 62,750 44,235
159,085 111,162
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7. Directors Advances, Credits and Guarantees
Included within Debtors are loans to director. The balance at the year end was £84 (2023 - £4,472 cr)
The above loan is unsecured, interest free and repayable on demand.
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