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 10116252 Mr Dicway Tong iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10116252 2023-05-31 10116252 2024-05-31 10116252 2023-06-01 2024-05-31 10116252 frs-core:CurrentFinancialInstruments 2024-05-31 10116252 frs-core:Non-currentFinancialInstruments 2024-05-31 10116252 frs-core:FurnitureFittings 2024-05-31 10116252 frs-core:FurnitureFittings 2023-06-01 2024-05-31 10116252 frs-core:FurnitureFittings 2023-05-31 10116252 frs-core:OtherReservesSubtotal 2024-05-31 10116252 frs-core:ShareCapital 2024-05-31 10116252 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 10116252 frs-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 10116252 frs-bus:FilletedAccounts 2023-06-01 2024-05-31 10116252 frs-bus:SmallEntities 2023-06-01 2024-05-31 10116252 frs-bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 10116252 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 10116252 frs-bus:Director1 2023-06-01 2024-05-31 10116252 frs-countries:EnglandWales 2023-06-01 2024-05-31 10116252 2022-05-31 10116252 2023-05-31 10116252 2022-06-01 2023-05-31 10116252 frs-core:CurrentFinancialInstruments 2023-05-31 10116252 frs-core:Non-currentFinancialInstruments 2023-05-31 10116252 frs-core:OtherReservesSubtotal 2023-05-31 10116252 frs-core:ShareCapital 2023-05-31 10116252 frs-core:RetainedEarningsAccumulatedLosses 2023-05-31
Registered number: 10116252
CRM Code 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: 10116252
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 3,724 4,966
3,724 4,966
CURRENT ASSETS
Debtors 5 110,093 98,102
Cash at bank and in hand 146,619 121,323
256,712 219,425
Creditors: Amounts Falling Due Within One Year 6 (29,026 ) (26,917 )
NET CURRENT ASSETS (LIABILITIES) 227,686 192,508
TOTAL ASSETS LESS CURRENT LIABILITIES 231,410 197,474
NET ASSETS 231,410 197,474
CAPITAL AND RESERVES
Called up share capital 7 100 100
Other reserves (59,753 ) (59,753 )
Profit and Loss Account 291,063 257,127
SHAREHOLDERS' FUNDS 231,410 197,474
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 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 Dicway Tong
Director
19/02/2025
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
CRM Code Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10116252 . The registered office is 1 Derwent Business Centre, Clarke Street, Derby, DE1 2BU.
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, excluding discounts, rebates, value added tax or other similar sales taxes.
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:
Fixtures & Fittings 25% Reducing balance
2.4. Related Party Transactions
Loans made to connected parties are recognised in the financial statements at the discounted present value using the effective interest rate method.
2.5. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2024 2023
Office and administration 2 2
2 2
4. Tangible Assets
Fixtures & Fittings
£
Cost
As at 1 June 2023 10,843
As at 31 May 2024 10,843
Depreciation
As at 1 June 2023 5,877
Provided during the period 1,242
As at 31 May 2024 7,119
Net Book Value
As at 31 May 2024 3,724
As at 1 June 2023 4,966
Page 3
Page 4
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 15,041 5,828
Due after more than one year
Other debtors 95,052 92,274
110,093 98,102
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Corporation tax 25,006 17,822
Other taxes and social security 9 -
VAT 4,011 9,095
29,026 26,917
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
8. Related Party Transactions
At 31st May 2024 CRM Code Ltd was owed £157,316 (2023 - £148,775) by Cadence Properties Ltd, a company in which Mr D Tong is a director and shareholder. The loan of £110,000 is subject to an annual interest rate of 1% above the Bank of England base rate and is repayable on 10th March 2040. The loan of £30,000 is subject to an annual interest rate of 0.5% above the Bank of England base rate and is repayable on 2nd September 2041.
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