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 10127912 Dr S Cotrufo iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10127912 2023-04-30 10127912 2024-04-30 10127912 2023-05-01 2024-04-30 10127912 frs-core:CurrentFinancialInstruments 2024-04-30 10127912 frs-core:Non-currentFinancialInstruments 2024-04-30 10127912 frs-core:ComputerEquipment 2024-04-30 10127912 frs-core:ComputerEquipment 2023-05-01 2024-04-30 10127912 frs-core:ComputerEquipment 2023-04-30 10127912 frs-core:FurnitureFittings 2024-04-30 10127912 frs-core:FurnitureFittings 2023-05-01 2024-04-30 10127912 frs-core:FurnitureFittings 2023-04-30 10127912 frs-core:ShareCapital 2024-04-30 10127912 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 10127912 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 10127912 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 10127912 frs-bus:SmallEntities 2023-05-01 2024-04-30 10127912 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 10127912 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 10127912 frs-bus:Director1 2023-05-01 2024-04-30 10127912 frs-countries:EnglandWales 2023-05-01 2024-04-30 10127912 2022-04-30 10127912 2023-04-30 10127912 2022-05-01 2023-04-30 10127912 frs-core:CurrentFinancialInstruments 2023-04-30 10127912 frs-core:Non-currentFinancialInstruments 2023-04-30 10127912 frs-core:ShareCapital 2023-04-30 10127912 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30
Registered number: 10127912
Dr Cotrufo Ltd
Financial Statements
For The Year Ended 30 April 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 10127912
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 11,088 9,523
11,088 9,523
CURRENT ASSETS
Debtors 5 1,321,109 729,066
Cash at bank and in hand 185,519 609,782
1,506,628 1,338,848
Creditors: Amounts Falling Due Within One Year 6 (232,656 ) (171,959 )
NET CURRENT ASSETS (LIABILITIES) 1,273,972 1,166,889
TOTAL ASSETS LESS CURRENT LIABILITIES 1,285,060 1,176,412
Creditors: Amounts Falling Due After More Than One Year 7 (11,600 ) (21,571 )
NET ASSETS 1,273,460 1,154,841
CAPITAL AND RESERVES
Called up share capital 8 1 1
Profit and Loss Account 1,273,459 1,154,840
SHAREHOLDERS' FUNDS 1,273,460 1,154,841
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
Dr S Cotrufo
Director
29/01/2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Dr Cotrufo Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10127912 . The registered office is Wellington House, 273-275 High Street, London Colney, Hertfordshire, AL2 1HA.
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. Turnover includes revenue earned from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
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.
2.3. 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:
Fixtures & Fittings 25% Reducing balance
Computer Equipment 33% Straight line
2.4. 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.
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: 3 (2023: 2)
3 2
4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 May 2023 16,930 - 16,930
Additions 4,707 619 5,326
As at 30 April 2024 21,637 619 22,256
Depreciation
As at 1 May 2023 7,407 - 7,407
Provided during the period 3,557 204 3,761
As at 30 April 2024 10,964 204 11,168
...CONTINUED
Page 3
Page 4
Net Book Value
As at 30 April 2024 10,673 415 11,088
As at 1 May 2023 9,523 - 9,523
5. Debtors
2024 2023
£ £
Due within one year
Amounts owed by participating interests 360,760 333,185
Other debtors 720,753 298,721
1,081,513 631,906
Due after more than one year
Other debtors 239,596 97,160
1,321,109 729,066
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 3,000 -
Bank loans and overdrafts 10,000 10,000
Other creditors 8,925 8,232
Taxation and social security 210,731 153,727
232,656 171,959
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 11,600 21,571
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
Page 4