Acorah Software Products - Accounts Production 16.0.110 false true 30 April 2023 1 May 2022 false 1 May 2023 30 April 2024 30 April 2024 13330067 Mr Damien Loines iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13330067 2023-04-30 13330067 2024-04-30 13330067 2023-05-01 2024-04-30 13330067 frs-core:CurrentFinancialInstruments 2024-04-30 13330067 frs-core:ComputerEquipment 2024-04-30 13330067 frs-core:ComputerEquipment 2023-05-01 2024-04-30 13330067 frs-core:ComputerEquipment 2023-04-30 13330067 frs-core:PlantMachinery 2024-04-30 13330067 frs-core:PlantMachinery 2023-05-01 2024-04-30 13330067 frs-core:PlantMachinery 2023-04-30 13330067 frs-core:ShareCapital 2024-04-30 13330067 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 13330067 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 13330067 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 13330067 frs-bus:SmallEntities 2023-05-01 2024-04-30 13330067 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 13330067 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 13330067 frs-bus:Director1 2023-05-01 2024-04-30 13330067 frs-countries:EnglandWales 2023-05-01 2024-04-30 13330067 2022-04-30 13330067 2023-04-30 13330067 2022-05-01 2023-04-30 13330067 frs-core:CurrentFinancialInstruments 2023-04-30 13330067 frs-core:ShareCapital 2023-04-30 13330067 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30
Registered number: 13330067
Nimbus-Bookkeeping Ltd
Unaudited 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: 13330067
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,425 2,779
1,425 2,779
CURRENT ASSETS
Debtors 5 17,857 12,579
Cash at bank and in hand 2,730 7,005
20,587 19,584
Creditors: Amounts Falling Due Within One Year 6 (13,130 ) (16,575 )
NET CURRENT ASSETS (LIABILITIES) 7,457 3,009
TOTAL ASSETS LESS CURRENT LIABILITIES 8,882 5,788
PROVISIONS FOR LIABILITIES
Deferred Taxation (356 ) (528 )
NET ASSETS 8,526 5,260
CAPITAL AND RESERVES
Called up share capital 7 2 2
Profit and Loss Account 8,524 5,258
SHAREHOLDERS' FUNDS 8,526 5,260
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 Damien Loines
Director
31 January 2025
The notes on pages 3 to 4 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
Nimbus-Bookkeeping Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13330067 . The registered office is 275 Norwich Road, Wymondham, Norfolk, NR18 0SL.
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 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:
Plant & Machinery 33% Straight line
Computer Equipment 33% Straight line
2.4. Financial Instruments
A financial asset or a financial liability is only recognised when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the amount of receivable or payable including any related transaction costs, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Current assets and current liabilities are subsequently measured at the cash or other consideration expected to be paid or received and not discounted. Debt instruments are subsequently measured at amortised cost.
2.5. 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 and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
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2.6. Impairment
At each reporting date, goodwill and other tangible fixed assets and investments but excluding investment properties, are assessed to determine whether there is an indication that the carrying amount of an asset may be more than its recoverable amount and that the asset should be impaired. If there is an indication of possible impairment, the recoverable amount of an asset, which is the higher of its value in use and its net realisable value, is estimated and compared with its carrying amount. If the recoverable amount is lower, the carrying amount of the asset is written down to its estimated recoverable amount and an impairment loss is recognised in the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 1 May 2023 1,185 3,172 4,357
As at 30 April 2024 1,185 3,172 4,357
Depreciation
As at 1 May 2023 146 1,432 1,578
Provided during the period 296 1,058 1,354
As at 30 April 2024 442 2,490 2,932
Net Book Value
As at 30 April 2024 743 682 1,425
As at 1 May 2023 1,039 1,740 2,779
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 12,146 9,579
Other debtors 5,711 3,000
17,857 12,579
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other loans (200 ) -
Corporation tax 11,350 7,808
Other creditors (2 ) 6,947
Accruals and deferred income 480 480
Director's loan account 1,502 1,340
13,130 16,575
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
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