Acorah Software Products - Accounts Production 14.5.601 false true 31 January 2023 1 February 2022 false 1 February 2023 31 January 2024 31 January 2024 5291602 Miss Gemma Hines true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 5291602 2023-01-31 5291602 2024-01-31 5291602 2023-02-01 2024-01-31 5291602 frs-core:Non-currentFinancialInstruments 2024-01-31 5291602 frs-core:FurnitureFittings 2023-02-01 2024-01-31 5291602 frs-core:PlantMachinery 2023-02-01 2024-01-31 5291602 frs-core:ShareCapital 2024-01-31 5291602 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 5291602 frs-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 5291602 frs-bus:AbridgedAccounts 2023-02-01 2024-01-31 5291602 frs-bus:SmallEntities 2023-02-01 2024-01-31 5291602 frs-bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 5291602 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 5291602 1 2023-02-01 2024-01-31 5291602 frs-bus:Director1 2023-02-01 2024-01-31 5291602 frs-countries:EnglandWales 2023-02-01 2024-01-31 5291602 2022-01-31 5291602 2023-01-31 5291602 2022-02-01 2023-01-31 5291602 frs-core:Non-currentFinancialInstruments 2023-01-31 5291602 frs-core:ShareCapital 2023-01-31 5291602 frs-core:RetainedEarningsAccumulatedLosses 2023-01-31
Registered number: 5291602
Business Financial Management Services Limited
Unaudited ABRIDGED Financial Statements
For The Year Ended 31 January 2024
Business Financial Management Services Limited
3 Lowther Gardens
Grange over Sands
Cumbria
LA11 7EX
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—4
Page 1
Abridged Balance Sheet
Registered number: 5291602
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 6,223 5,118
6,223 5,118
CURRENT ASSETS
Stocks 1,500 1,750
Debtors 50,757 42,125
Cash at bank and in hand 3,430 3,474
55,687 47,349
Creditors: Amounts Falling Due Within One Year (41,578 ) (40,472 )
NET CURRENT ASSETS (LIABILITIES) 14,109 6,877
TOTAL ASSETS LESS CURRENT LIABILITIES 20,332 11,995
Creditors: Amounts Falling Due After More Than One Year (29,026 ) (30,563 )
NET LIABILITIES (8,694 ) (18,568 )
CAPITAL AND RESERVES
Called up share capital 5 101 101
Profit and Loss Account (8,795 ) (18,669 )
SHAREHOLDERS' FUNDS (8,694) (18,568)
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Page 2
For the year ending 31 January 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.
All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 31 January 2024 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Miss Gemma Hines
Director
10/06/2024
The notes on pages 3 to 4 form part of these financial statements.
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Page 3
Notes to the Abridged Financial Statements
1. General Information
Business Financial Management Services Limited is a private company, limited by shares, incorporated in England & Wales, registered number 5291602 . The registered office is 3 Lowther Gardens, Grange over Sands, Cumbria, LA11 7EX.
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 comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
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 20% On the Reducing Balance
Fixtures & Fittings 25% On the Reducing Balance
2.4. Stocks and Work in Progress
Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.5. Taxation
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.

3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Tangible Assets
Total
£
Cost
As at 1 February 2023 40,584
Additions 2,727
As at 31 January 2024 43,311
Depreciation
As at 1 February 2023 35,466
Provided during the period 1,622
As at 31 January 2024 37,088
Net Book Value
As at 31 January 2024 6,223
As at 1 February 2023 5,118
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5. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 101 101
6. Ultimate Controlling Party
The company's ultimate controlling party is Gemma Hines by virtue of her ownership of 100% of the issued share capital in the company.
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