Acorah Software Products - Accounts Production 16.1.300 false true 31 May 2023 1 June 2022 false 1 June 2023 31 May 2024 31 May 2024 04399719 Mr Peter Owens Mrs Kathryn Owens iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04399719 2023-05-31 04399719 2024-05-31 04399719 2023-06-01 2024-05-31 04399719 frs-core:CurrentFinancialInstruments 2024-05-31 04399719 frs-core:Non-currentFinancialInstruments 2024-05-31 04399719 frs-core:PlantMachinery 2024-05-31 04399719 frs-core:PlantMachinery 2023-06-01 2024-05-31 04399719 frs-core:PlantMachinery 2023-05-31 04399719 frs-core:ShareCapital 2024-05-31 04399719 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 04399719 frs-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 04399719 frs-bus:FilletedAccounts 2023-06-01 2024-05-31 04399719 frs-bus:SmallEntities 2023-06-01 2024-05-31 04399719 frs-bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 04399719 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 04399719 frs-bus:Director1 2023-06-01 2024-05-31 04399719 frs-bus:Director2 2023-06-01 2024-05-31 04399719 frs-countries:EnglandWales 2023-06-01 2024-05-31 04399719 2022-05-31 04399719 2023-05-31 04399719 2022-06-01 2023-05-31 04399719 frs-core:CurrentFinancialInstruments 2023-05-31 04399719 frs-core:Non-currentFinancialInstruments 2023-05-31 04399719 frs-core:ShareCapital 2023-05-31 04399719 frs-core:RetainedEarningsAccumulatedLosses 2023-05-31
Registered number: 04399719
Colour Urban Design Limited
Unaudited Financial Statements
For The Year Ended 31 May 2024
C W Dix Limited
Accountants & Business Advisors
4b Silkwood Court
Wakefield
West Yorkshire
WF5 9TP
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 04399719
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 32,694 31,104
32,694 31,104
CURRENT ASSETS
Debtors 5 237,518 187,887
Cash at bank and in hand 4,401 54,071
241,919 241,958
Creditors: Amounts Falling Due Within One Year 6 (151,090 ) (142,716 )
NET CURRENT ASSETS (LIABILITIES) 90,829 99,242
TOTAL ASSETS LESS CURRENT LIABILITIES 123,523 130,346
Creditors: Amounts Falling Due After More Than One Year 7 (15,833 ) (25,833 )
PROVISIONS FOR LIABILITIES
Deferred Taxation 8 (8,173 ) (5,910 )
NET ASSETS 99,517 98,603
CAPITAL AND RESERVES
Called up share capital 9 4,060 4,060
Profit and Loss Account 95,457 94,543
SHAREHOLDERS' FUNDS 99,517 98,603
Page 1
Page 2
For the year ending 31 May 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 Peter Owens
Director
29/01/2025
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
Colour Urban Design Limited Registered number 04399719 is a limited by shares company incorporated in England & Wales. The Registered Office is i6 Charlotte Square, Newcastle, NE1 4XF.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost basis and in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
The financial statements are prepared in sterling, which is the functional currency of the entity.

2.2. Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. For services provided, turnover is recognised to the extent that and when there is a right to consideration.

In respect of long term contracts for on-going services, turnover represents the value of work done in the year, including estimates of amounts not invoiced.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. 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 15% per annum reducing balance
2.4. Taxation
The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.
2.5. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 17 (2023: 14)
17 14
4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 June 2023 133,492
Additions 7,145
As at 31 May 2024 140,637
Depreciation
As at 1 June 2023 102,388
Provided during the period 5,555
As at 31 May 2024 107,943
...CONTINUED
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Net Book Value
As at 31 May 2024 32,694
As at 1 June 2023 31,104
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 233,263 184,013
Prepayments and accrued income 2,735 2,374
Other debtors 1,500 1,500
Net wages 20 -
237,518 187,887
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 36,230 17,180
Bank loans and overdrafts 10,000 10,000
Corporation tax 27,893 34,302
Other taxes and social security 11,476 9,473
VAT 65,470 52,901
Accruals and deferred income - 18,056
Directors' loan accounts 21 804
151,090 142,716
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 15,833 25,833
8. Deferred Taxation
The provision for deferred tax is made up as follows:
2024 2023
£ £
Other timing differences 8,173 5,910
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 4,060 4,060
10. Pension Commitments
The company operates a defined contribution pension scheme for Directors.The assets of the scheme are held separately from those of the company in an independently administered fund.
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Page 5
11. Dividends
2024 2023
£ £
On equity shares:
Final dividend paid 88,000 116,000
Page 5