Acorah Software Products - Accounts Production 16.1.300 false true true 30 April 2023 1 May 2022 false 1 May 2023 30 April 2024 30 April 2024 05323406 Mr Tom Shirley Ms Marian Simpson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05323406 2023-04-30 05323406 2024-04-30 05323406 2023-05-01 2024-04-30 05323406 frs-core:CurrentFinancialInstruments 2024-04-30 05323406 frs-core:Non-currentFinancialInstruments 2024-04-30 05323406 frs-core:BetweenOneFiveYears 2024-04-30 05323406 frs-core:ComputerEquipment 2024-04-30 05323406 frs-core:ComputerEquipment 2023-05-01 2024-04-30 05323406 frs-core:ComputerEquipment 2023-04-30 05323406 frs-core:FurnitureFittings 2024-04-30 05323406 frs-core:FurnitureFittings 2023-05-01 2024-04-30 05323406 frs-core:FurnitureFittings 2023-04-30 05323406 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-04-30 05323406 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 05323406 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-04-30 05323406 frs-core:MotorVehicles 2024-04-30 05323406 frs-core:MotorVehicles 2023-05-01 2024-04-30 05323406 frs-core:MotorVehicles 2023-04-30 05323406 frs-core:WithinOneYear 2024-04-30 05323406 frs-core:ShareCapital 2024-04-30 05323406 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 05323406 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 05323406 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 05323406 frs-bus:SmallEntities 2023-05-01 2024-04-30 05323406 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 05323406 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 05323406 frs-bus:Director1 2023-05-01 2024-04-30 05323406 frs-bus:CompanySecretary1 2023-05-01 2024-04-30 05323406 frs-countries:EnglandWales 2023-05-01 2024-04-30 05323406 2022-04-30 05323406 2023-04-30 05323406 2022-05-01 2023-04-30 05323406 frs-core:CurrentFinancialInstruments 2023-04-30 05323406 frs-core:Non-currentFinancialInstruments 2023-04-30 05323406 frs-core:BetweenOneFiveYears 2023-04-30 05323406 frs-core:WithinOneYear 2023-04-30 05323406 frs-core:ShareCapital 2023-04-30 05323406 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30
Registered number: 05323406
Future Voice And Data Limited
Unaudited Financial Statements
For The Year Ended 30 April 2024
TAG Accountants Group
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 05323406
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 75,474 104,397
75,474 104,397
CURRENT ASSETS
Stocks 5 66,482 42,461
Debtors 6 432,354 448,040
498,836 490,501
Creditors: Amounts Falling Due Within One Year 7 (439,882 ) (409,296 )
NET CURRENT ASSETS (LIABILITIES) 58,954 81,205
TOTAL ASSETS LESS CURRENT LIABILITIES 134,428 185,602
Creditors: Amounts Falling Due After More Than One Year 8 (99,189 ) (144,906 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (14,245 ) (19,740 )
NET ASSETS 20,994 20,956
CAPITAL AND RESERVES
Called up share capital 9 1 1
Profit and Loss Account 20,993 20,955
SHAREHOLDERS' FUNDS 20,994 20,956
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 Tom Shirley
Director
21st January 2025
The notes on pages 3 to 6 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Future Voice And Data Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05323406 . The registered office is Newhall Works, George Street, Birmingham, B3 1QA.
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. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. 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.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
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.
2.4. 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:
Freehold No Depreciation
Motor Vehicles 20% Straight Line
Fixtures & Fittings 20% Straight Line
Computer Equipment 25% Straight Line
2.5. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
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2.6. 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.
2.7. 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 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.
2.8. 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.
2.9. Judgements and key sources of estimation uncertainty
In the application of the company’s accounting policies, the director is required to make judgements, estimates and
assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The
estimates and associated assumptions are based on historical experience and other factors that are considered to be
relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are
recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of
the revision and future periods where the revision affects both current and future periods.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 15 (2023: 16)
15 16
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4. Tangible Assets
Land & Property
Freehold Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 May 2023 502 116,380 8,854 22,982 148,718
Additions - - - 3,070 3,070
As at 30 April 2024 502 116,380 8,854 26,052 151,788
Depreciation
As at 1 May 2023 - 19,397 8,144 16,780 44,321
Provided during the period - 29,095 220 2,678 31,993
As at 30 April 2024 - 48,492 8,364 19,458 76,314
Net Book Value
As at 30 April 2024 502 67,888 490 6,594 75,474
As at 1 May 2023 502 96,983 710 6,202 104,397
5. Stocks
2024 2023
£ £
Stock 66,482 42,461
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 236,205 17,530
Prepayments and accrued income 46,209 66,614
Other debtors 102,634 30,705
Director's loan account 47,306 333,191
432,354 448,040
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7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 18,370 18,370
Trade creditors 208,582 227,384
Bank loans and overdrafts 108,369 47,698
Corporation tax 25,758 24,793
Other taxes and social security 18,993 9,150
VAT 27,441 44,108
Other creditors 18,690 22,288
Accruals and deferred income 13,679 15,505
439,882 409,296
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 57,070 68,848
Bank loans 42,119 76,058
99,189 144,906
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
10. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2024 2023
£ £
Not later than one year 26,607 23,673
Later than one year and not later than five years 14,372 25,314
40,979 48,987
11. Related Party Transactions
At 30th April 2024 the company was owed £47,306 (2023 - £333,191) by a director. The loan is unsecured and has no fixed repayment terms.
Interest has been charged on this loan.
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