Acorah Software Products - Accounts Production 16.1.200 false true 30 April 2023 1 May 2022 false 1 May 2023 30 April 2024 30 April 2024 10709082 Mr Henry Kinchin iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10709082 2023-04-30 10709082 2024-04-30 10709082 2023-05-01 2024-04-30 10709082 frs-core:CurrentFinancialInstruments 2024-04-30 10709082 frs-core:Non-currentFinancialInstruments 2024-04-30 10709082 frs-core:ComputerEquipment 2024-04-30 10709082 frs-core:ComputerEquipment 2023-05-01 2024-04-30 10709082 frs-core:ComputerEquipment 2023-04-30 10709082 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-05-01 2024-04-30 10709082 frs-core:FurnitureFittings 2024-04-30 10709082 frs-core:FurnitureFittings 2023-05-01 2024-04-30 10709082 frs-core:FurnitureFittings 2023-04-30 10709082 frs-core:MotorVehicles 2024-04-30 10709082 frs-core:MotorVehicles 2023-05-01 2024-04-30 10709082 frs-core:MotorVehicles 2023-04-30 10709082 frs-core:OtherResidualIntangibleAssets 2024-04-30 10709082 frs-core:OtherResidualIntangibleAssets 2023-05-01 2024-04-30 10709082 frs-core:OtherResidualIntangibleAssets 2023-04-30 10709082 frs-core:PlantMachinery 2024-04-30 10709082 frs-core:PlantMachinery 2023-05-01 2024-04-30 10709082 frs-core:PlantMachinery 2023-04-30 10709082 frs-core:ShareCapital 2024-04-30 10709082 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 10709082 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 10709082 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 10709082 frs-bus:SmallEntities 2023-05-01 2024-04-30 10709082 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 10709082 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 10709082 frs-bus:Director1 2023-05-01 2024-04-30 10709082 frs-countries:EnglandWales 2023-05-01 2024-04-30 10709082 2022-04-30 10709082 2023-04-30 10709082 2022-05-01 2023-04-30 10709082 frs-core:CurrentFinancialInstruments 2023-04-30 10709082 frs-core:Non-currentFinancialInstruments 2023-04-30 10709082 frs-core:ShareCapital 2023-04-30 10709082 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30
Registered number: 10709082
1st Class Images 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: 10709082
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 5,413 7,218
Tangible Assets 5 77,442 53,390
82,855 60,608
CURRENT ASSETS
Stocks 6 2,015 786
Debtors 7 6,156 8,436
Cash at bank and in hand 27,473 9,879
35,644 19,101
Creditors: Amounts Falling Due Within One Year 8 (44,499 ) (36,987 )
NET CURRENT ASSETS (LIABILITIES) (8,855 ) (17,886 )
TOTAL ASSETS LESS CURRENT LIABILITIES 74,000 42,722
Creditors: Amounts Falling Due After More Than One Year 9 (34,752 ) (39,973 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (11,833 ) -
NET ASSETS 27,415 2,749
CAPITAL AND RESERVES
Called up share capital 10 100 100
Profit and Loss Account 27,315 2,649
SHAREHOLDERS' FUNDS 27,415 2,749
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 his 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 Henry Kinchin
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
1st Class Images Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10709082 . The registered office is Wychwood Court Cotswold Business Village, Moreton-In-Marsh, Gloucestershire, GL56 0JQ.
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.

2.3. Intangible Fixed Assets and Amortisation - Other Intangible
Intangible assets are amortised to profit and loss account by a 25% reducing balance basis.
2.4. 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:
Plant & Machinery 25% Reducing Balance
Motor Vehicles 25% Reducing Balance
Fixtures & Fittings 25% Reducing Balance
Computer Equipment 25% Reducing Balance
2.5. 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.
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.
2.7. Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
Page 3
Page 4
4. Intangible Assets
Other
£
Cost
As at 1 May 2023 18,366
As at 30 April 2024 18,366
Amortisation
As at 1 May 2023 11,148
Provided during the period 1,805
As at 30 April 2024 12,953
Net Book Value
As at 30 April 2024 5,413
As at 1 May 2023 7,218
5. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 May 2023 69,454 27,500 1,061 10,996 109,011
Additions 29,299 20,000 - 6,490 55,789
Disposals - (13,000 ) - - (13,000 )
As at 30 April 2024 98,753 34,500 1,061 17,486 151,800
Depreciation
As at 1 May 2023 37,981 13,420 469 3,751 55,621
Provided during the period 15,193 7,039 148 3,433 25,813
Disposals - (7,076 ) - - (7,076 )
As at 30 April 2024 53,174 13,383 617 7,184 74,358
Net Book Value
As at 30 April 2024 45,579 21,117 444 10,302 77,442
As at 1 May 2023 31,473 14,080 592 7,245 53,390
6. Stocks
2024 2023
£ £
Work in progress 2,015 786
7. Debtors
2024 2023
£ £
Due within one year
Trade debtors 218 202
Other debtors 5,938 8,234
6,156 8,436
Page 4
Page 5
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 27,657 13,557
Other creditors 4,676 10,594
Taxation and social security 12,166 12,836
44,499 36,987
9. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 34,752 39,973
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 5