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 08456716 Mr Jonathan Allen Mr Ian Gough iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08456716 2023-04-30 08456716 2024-04-30 08456716 2023-05-01 2024-04-30 08456716 frs-core:CurrentFinancialInstruments 2024-04-30 08456716 frs-core:Non-currentFinancialInstruments 2024-04-30 08456716 frs-core:ShareCapital 2024-04-30 08456716 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 08456716 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 08456716 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 08456716 frs-bus:SmallEntities 2023-05-01 2024-04-30 08456716 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 08456716 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 08456716 frs-bus:Director1 2023-05-01 2024-04-30 08456716 frs-bus:Director2 2023-05-01 2024-04-30 08456716 frs-countries:EnglandWales 2023-05-01 2024-04-30 08456716 2022-04-30 08456716 2023-04-30 08456716 2022-05-01 2023-04-30 08456716 frs-core:CurrentFinancialInstruments 2023-04-30 08456716 frs-core:Non-currentFinancialInstruments 2023-04-30 08456716 frs-core:ShareCapital 2023-04-30 08456716 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30
Registered number: 08456716
Glengall House 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: 08456716
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 637,153 821,874
Cash at bank and in hand 71,963 66,793
709,116 888,667
Creditors: Amounts Falling Due Within One Year 5 (90,367 ) (101,958 )
NET CURRENT ASSETS (LIABILITIES) 618,749 786,709
TOTAL ASSETS LESS CURRENT LIABILITIES 618,749 786,709
Creditors: Amounts Falling Due After More Than One Year 6 (19,811 ) (31,985 )
NET ASSETS 598,938 754,724
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account 598,838 754,624
SHAREHOLDERS' FUNDS 598,938 754,724
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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 Ian Gough
Director
29/01/2025
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Glengall House Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08456716 . The registered office is The Old Barn Wood Street, Swanley, BR8 7PA.
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. 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 in respect of all timing differences that have originated but not reversed at the balance
sheet date.
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from
those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that
have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the
timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they
will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
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4. Debtors
2024 2023
£ £
Due within one year
Prepayments and accrued income 2,253 2,253
Other debtors 634,900 758,899
VAT - 550
Directors' loan accounts - 60,172
637,153 821,874
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 13,151 13,150
Corporation tax 59,693 53,230
Other creditors 17,523 15,574
Amounts owed to related parties - 20,004
90,367 101,958
6. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 19,811 31,985
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
8. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
The above loan is unsecured, interest free and repayable on demand.
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9. Related Party Transactions
Included within the debtors is an amount owed to the following associated companies, who are all under the common control of Mr I Gough or Mr J Allen, the directors.
- Living Accomodation Ltd £193,985 (2023 - £180,590)
- Jamm South London Ltd £440,914 (2023 - £507,421)
- Back to Back Ltd £0 (2023 - £7,518)
- Dirty South Ltd £0 (2023 - £18,200)
- Gigs and Touring Ltd £0 (2023 - £11,679)
- Glengall Tevern Ltd £0 (2023 - £4,390)
- White Lion Ltd £0 (2023 - £1,100)
Included within the creditors is an amount owed to the following associated companies, who are all under the common control of Mr I Gough, the director.
- Gold Teeth Ltd £0 (2023 - £13,000)
- SFTD Ltd £0 (2023 - £1,302)
- Ollie Artists Ltd £0 (2023 - £702)
- Allied Transport Ltd £0 (2023 - £5,000)
Included in Other Debtors is an amount of £0 (2023 - £60,172) due by the directors. This amount will be repaid within nine months from the year end.
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