Acorah Software Products - Accounts Production 16.1.300 false true 31 May 2023 1 June 2022 false 1 June 2023 31 May 2024 31 May 2024 10791043 Mr Jonathan Grant Mr Robert Smith iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10791043 2023-05-31 10791043 2024-05-31 10791043 2023-06-01 2024-05-31 10791043 frs-core:CurrentFinancialInstruments 2024-05-31 10791043 frs-core:CapitalRedemptionReserve 2024-05-31 10791043 frs-core:ShareCapital 2024-05-31 10791043 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 10791043 frs-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 10791043 frs-bus:FilletedAccounts 2023-06-01 2024-05-31 10791043 frs-bus:SmallEntities 2023-06-01 2024-05-31 10791043 frs-bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 10791043 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 10791043 frs-core:CostValuation 2023-05-31 10791043 frs-core:CostValuation 2024-05-31 10791043 frs-core:ProvisionsForImpairmentInvestments 2023-05-31 10791043 frs-core:ProvisionsForImpairmentInvestments 2024-05-31 10791043 frs-bus:Director1 2023-06-01 2024-05-31 10791043 frs-bus:Director2 2023-06-01 2024-05-31 10791043 1 2023-06-01 2024-05-31 10791043 frs-countries:EnglandWales 2023-06-01 2024-05-31 10791043 2022-05-31 10791043 2023-05-31 10791043 2022-06-01 2023-05-31 10791043 frs-core:CurrentFinancialInstruments 2023-05-31 10791043 frs-core:CapitalRedemptionReserve 2023-05-31 10791043 frs-core:ShareCapital 2023-05-31 10791043 frs-core:RetainedEarningsAccumulatedLosses 2023-05-31 10791043 1 2022-06-01 2023-05-31
Registered number: 10791043
Grant Smith Holdings Ltd
Unaudited Financial Statements
For The Year Ended 31 May 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 10791043
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investments 4 200 200
200 200
CURRENT ASSETS
Debtors 5 1,658 1,658
1,658 1,658
Creditors: Amounts Falling Due Within One Year 6 (100 ) (100 )
NET CURRENT ASSETS (LIABILITIES) 1,558 1,558
TOTAL ASSETS LESS CURRENT LIABILITIES 1,758 1,758
NET ASSETS 1,758 1,758
CAPITAL AND RESERVES
Called up share capital 91 91
Capital redemption reserve (54,991 ) (54,991 )
Profit and Loss Account 56,658 56,658
SHAREHOLDERS' FUNDS 1,758 1,758
Page 1
Page 2
For the year ending 31 May 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 Jonathan Grant
Director
14 February 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
Grant Smith Holdings Ltd is a private company, limited by shares, incorporated in England & Wales, the registered number is 10791043 . The registered office is 5 St George's Business Centre St George's Square, Portsmouth, Hampshire, England, PO1 3EY.
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. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax. 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.
Current 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
Deferred tax has not been recognised as it is not material to the financial statements. The directors will review this annually. 
2.3. Not trading
The company was dormant throughout the year ended 31 May 2024 and did not trade.
2.4. Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
3. Average Number of Employees
2024 2023
Average number of employees, including directors, during the year 3 3
3 3
Page 3
Page 4
4. Investments
Other
£
Cost
As at 1 June 2023 200
As at 31 May 2024 200
Provision
As at 1 June 2023 -
As at 31 May 2024 -
Net Book Value
As at 31 May 2024 200
As at 1 June 2023 200
5. Debtors
2024 2023
£ £
Due within one year
Amounts owed by group undertakings 1,558 1,558
Other debtors 100 100
1,658 1,658
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Amounts owed to group undertakings 100 100
7. Related Party Transactions
The total amount owed to a group undertaking at the year end is £100 (2023 : £100)
The total amount owed from a group undertaking at the year end is £1,558 (2023 : £1,558)
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