Acorah Software Products - Accounts Production 16.1.300 false true 31 January 2023 1 February 2022 false 1 February 2023 31 December 2023 31 December 2023 9977871 Muddir Choudhry Ronald Rathod iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 9977871 2023-01-31 9977871 2023-12-31 9977871 2023-02-01 2023-12-31 9977871 frs-core:CurrentFinancialInstruments 2023-12-31 9977871 frs-core:ComputerEquipment 2023-12-31 9977871 frs-core:ComputerEquipment 2023-02-01 2023-12-31 9977871 frs-core:ComputerEquipment 2023-01-31 9977871 frs-core:ShareCapital 2023-12-31 9977871 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 9977871 frs-bus:PrivateLimitedCompanyLtd 2023-02-01 2023-12-31 9977871 frs-bus:FilletedAccounts 2023-02-01 2023-12-31 9977871 frs-bus:SmallEntities 2023-02-01 2023-12-31 9977871 frs-bus:AuditExempt-NoAccountantsReport 2023-02-01 2023-12-31 9977871 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-01 2023-12-31 9977871 frs-bus:Director1 2023-02-01 2023-12-31 9977871 frs-bus:Director2 2023-02-01 2023-12-31 9977871 frs-core:CurrentFinancialInstruments 1 2023-12-31 9977871 frs-countries:EnglandWales 2023-02-01 2023-12-31 9977871 2022-01-31 9977871 2023-01-31 9977871 2022-02-01 2023-01-31 9977871 frs-core:CurrentFinancialInstruments 2023-01-31 9977871 frs-core:ShareCapital 2023-01-31 9977871 frs-core:RetainedEarningsAccumulatedLosses 2023-01-31 9977871 frs-core:CurrentFinancialInstruments 1 2023-01-31
Registered number: 9977871
Energy Costcutters Limited
Financial Statements
For the Period 1 February 2023 to 31 December 2023
Kennedy Johnson
83 Carlton Drive
Wigston
LE18 1DG
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 9977871
31 December 2023 31 January 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 16,955 22,606
16,955 22,606
CURRENT ASSETS
Debtors 5 3,000 9,959
Cash at bank and in hand 177,559 245,570
180,559 255,529
Creditors: Amounts Falling Due Within One Year 6 (85,924 ) (98,595 )
NET CURRENT ASSETS (LIABILITIES) 94,635 156,934
TOTAL ASSETS LESS CURRENT LIABILITIES 111,590 179,540
NET ASSETS 111,590 179,540
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account 111,490 179,440
SHAREHOLDERS' FUNDS 111,590 179,540
Page 1
Page 2
For the period ending 31 December 2023 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
Muddir Choudhry
Director
Ronald Rathod
Director
28/01/2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Energy Costcutters Limited Registered number 9977871 is a limited by shares company incorporated in England & Wales. The Registered Office is 83 Carlton Drive, Wigston, Leicester, Leicestershire, LE18 1DG.
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:
Computer Equipment 25% per annum. calculated on the 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.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 16 (2023: 14)
16 14
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 February 2023 54,187
As at 31 December 2023 54,187
Depreciation
As at 1 February 2023 31,581
Provided during the period 5,651
As at 31 December 2023 37,232
Net Book Value
As at 31 December 2023 16,955
As at 1 February 2023 22,606
Page 3
Page 4
5. Debtors
31 December 2023 31 January 2023
£ £
Due within one year
Corporation tax repayable - 6,959
Rent deposit 3,000 3,000
3,000 9,959
6. Creditors: Amounts Falling Due Within One Year
31 December 2023 31 January 2023
£ £
Trade creditors 2,066 5,136
Other taxes and social security 6,412 9,938
VAT 24,662 32,304
Net wages payable 18,006 17,977
Pension scheme payments due 2,480 2,249
Accruals 1,634 1,833
Directors' loan accounts 30,664 29,158
85,924 98,595
7. Share Capital
31 December 2023 31 January 2023
£ £
Allotted, Called up and fully paid 100 100
Page 4