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 07045163 Mr Ian Barnes Mr Steven Hodson Mr Steven Hodson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07045163 2023-04-30 07045163 2024-04-30 07045163 2023-05-01 2024-04-30 07045163 frs-core:CurrentFinancialInstruments 2024-04-30 07045163 frs-core:Non-currentFinancialInstruments 2024-04-30 07045163 frs-core:ComputerEquipment 2024-04-30 07045163 frs-core:ComputerEquipment 2023-05-01 2024-04-30 07045163 frs-core:ComputerEquipment 2023-04-30 07045163 frs-core:FurnitureFittings 2024-04-30 07045163 frs-core:FurnitureFittings 2023-05-01 2024-04-30 07045163 frs-core:FurnitureFittings 2023-04-30 07045163 frs-core:NetGoodwill 2024-04-30 07045163 frs-core:NetGoodwill 2023-05-01 2024-04-30 07045163 frs-core:NetGoodwill 2023-04-30 07045163 frs-core:ShareCapital 2024-04-30 07045163 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 07045163 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 07045163 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 07045163 frs-bus:SmallEntities 2023-05-01 2024-04-30 07045163 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 07045163 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 07045163 frs-bus:Director1 2023-05-01 2024-04-30 07045163 frs-bus:Director2 2023-05-01 2024-04-30 07045163 frs-bus:CompanySecretary1 2023-05-01 2024-04-30 07045163 frs-core:CurrentFinancialInstruments 2 2024-04-30 07045163 frs-countries:EnglandWales 2023-05-01 2024-04-30 07045163 2022-04-30 07045163 2023-04-30 07045163 2022-05-01 2023-04-30 07045163 frs-core:CurrentFinancialInstruments 2023-04-30 07045163 frs-core:Non-currentFinancialInstruments 2023-04-30 07045163 frs-core:ShareCapital 2023-04-30 07045163 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30 07045163 frs-core:CurrentFinancialInstruments 2 2023-04-30
Registered number: 07045163
ADC Accountants Limited
Financial Statements
For The Year Ended 30 April 2024
ADC Accountants Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 07045163
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 3,594 4,794
3,594 4,794
CURRENT ASSETS
Stocks 6 132,289 136,266
Debtors 7 48,462 56,014
Cash at bank and in hand 28,439 29,709
209,190 221,989
Creditors: Amounts Falling Due Within One Year 8 (175,016 ) (184,604 )
NET CURRENT ASSETS (LIABILITIES) 34,174 37,385
TOTAL ASSETS LESS CURRENT LIABILITIES 37,768 42,179
Creditors: Amounts Falling Due After More Than One Year 9 (36,655 ) (41,681 )
NET ASSETS 1,113 498
CAPITAL AND RESERVES
Called up share capital 10 490 490
Profit and Loss Account 623 8
SHAREHOLDERS' FUNDS 1,113 498
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 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 Barnes
Director
Mr Steven Hodson
Director
07/11/2024
The notes on pages 3 to 5 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
ADC Accountants Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07045163 . The registered office is 15 Market Street Standish, Wigan, Lancashire, WN6 0HW.
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 value added taxes. Turnover includes revenue earned from the rendering of accounting 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.
The stage of completion is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is recognised in the period the job is completed.

2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of .... years.
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:
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. 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.
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2.6. 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 year 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: 7 (2023: 7)
7 7
4. Intangible Assets
Goodwill
£
Cost
As at 1 May 2023 189,000
As at 30 April 2024 189,000
Amortisation
As at 1 May 2023 189,000
As at 30 April 2024 189,000
Net Book Value
As at 30 April 2024 -
As at 1 May 2023 -
5. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 May 2023 16,909 13,604 30,513
As at 30 April 2024 16,909 13,604 30,513
Depreciation
As at 1 May 2023 14,129 11,590 25,719
Provided during the period 695 505 1,200
As at 30 April 2024 14,824 12,095 26,919
...CONTINUED
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Net Book Value
As at 30 April 2024 2,085 1,509 3,594
As at 1 May 2023 2,780 2,014 4,794
6. Stocks
2024 2023
£ £
Work in progress 132,289 136,266
7. Debtors
2024 2023
£ £
Due within one year
Trade debtors 47,960 53,701
Directors' loan accounts 502 2,313
48,462 56,014
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Corporation tax 17,185 15,268
Other taxes and social security 2,848 16,611
VAT 29,472 28,880
Other creditors 121,020 116,692
Other creditors (2) 481 3,647
Accruals and deferred income - 300
Directors' loan accounts 4,010 3,206
175,016 184,604
9. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 36,655 41,681
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 490 490
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