Acorah Software Products - Accounts Production 16.1.300 false true 30 April 2023 1 March 2022 false 1 May 2023 30 April 2024 30 April 2024 11290091 Miss Charanjit Gill iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11290091 2023-04-30 11290091 2024-04-30 11290091 2023-05-01 2024-04-30 11290091 frs-core:CurrentFinancialInstruments 2024-04-30 11290091 frs-core:FurnitureFittings 2023-05-01 2024-04-30 11290091 frs-core:MotorVehicles 2024-04-30 11290091 frs-core:MotorVehicles 2023-05-01 2024-04-30 11290091 frs-core:MotorVehicles 2023-04-30 11290091 frs-core:PlantMachinery 2024-04-30 11290091 frs-core:PlantMachinery 2023-05-01 2024-04-30 11290091 frs-core:PlantMachinery 2023-04-30 11290091 frs-core:ShareCapital 2024-04-30 11290091 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 11290091 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 11290091 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 11290091 frs-bus:SmallEntities 2023-05-01 2024-04-30 11290091 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 11290091 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 11290091 frs-core:CostValuation 2023-04-30 11290091 frs-core:AdditionsToInvestments 2024-04-30 11290091 frs-core:RevaluationsIncreaseDecreaseInInvestments 2024-04-30 11290091 frs-core:CostValuation 2024-04-30 11290091 frs-core:ProvisionsForImpairmentInvestments 2023-04-30 11290091 frs-core:ProvisionsForImpairmentInvestments 2024-04-30 11290091 frs-bus:Director1 2023-05-01 2024-04-30 11290091 frs-countries:EnglandWales 2023-05-01 2024-04-30 11290091 2022-02-28 11290091 2023-04-30 11290091 2022-03-01 2023-04-30 11290091 frs-core:CurrentFinancialInstruments 2023-04-30 11290091 frs-core:ShareCapital 2023-04-30 11290091 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30
Registered number: 11290091
Crystal Goals Ltd
Unaudited Financial Statements
For The Year Ended 30 April 2024
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 11290091
30 April 2024 30 April 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 74,260 38,891
Investments 5 146,811 70,000
221,071 108,891
CURRENT ASSETS
Cash at bank and in hand 195,940 223,008
195,940 223,008
Creditors: Amounts Falling Due Within One Year 6 (58,943 ) (38,167 )
NET CURRENT ASSETS (LIABILITIES) 136,997 184,841
TOTAL ASSETS LESS CURRENT LIABILITIES 358,068 293,732
NET ASSETS 358,068 293,732
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account 357,968 293,632
SHAREHOLDERS' FUNDS 358,068 293,732
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 her 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
Miss Charanjit Gill
Director
31 January 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
Crystal Goals Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11290091 . The registered office is Monomark House, 27 Old Gloucester Street, London, WC1N 3AX.
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.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
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 25% Reducing Balance
Motor Vehicles 25% Reducing Balance
Fixtures & Fittings 25% Reducing Balance
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.
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 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: 1 (2023: NIL)
1 -
Page 3
Page 4
4. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 1 May 2023 63,696 - 63,696
Additions 8,221 46,790 55,011
As at 30 April 2024 71,917 46,790 118,707
Depreciation
As at 1 May 2023 24,805 - 24,805
Provided during the period 9,894 9,748 19,642
As at 30 April 2024 34,699 9,748 44,447
Net Book Value
As at 30 April 2024 37,218 37,042 74,260
As at 1 May 2023 38,891 - 38,891
5. Investments
Other
£
Cost
As at 1 May 2023 70,000
Additions 60,000
Revaluations 16,811
As at 30 April 2024 146,811
Provision
As at 1 May 2023 -
As at 30 April 2024 -
Net Book Value
As at 30 April 2024 146,811
As at 1 May 2023 70,000
6. Creditors: Amounts Falling Due Within One Year
30 April 2024 30 April 2023
£ £
Trade creditors - 266
Corporation tax 32,333 19,702
Other taxes and social security 479 -
Accruals and deferred income 26,000 -
Director's loan account 131 18,199
58,943 38,167
Page 4
Page 5
7. Share Capital
30 April 2024 30 April 2023
£ £
Allotted, Called up and fully paid 100 100
Page 5