Acorah Software Products - Accounts Production 16.0.110 false true true 30 June 2023 1 July 2022 false 1 July 2023 30 June 2024 30 June 2024 09077532 Mr I Campbell Cole Mrs F J Campbell Cole iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09077532 2023-06-30 09077532 2024-06-30 09077532 2023-07-01 2024-06-30 09077532 frs-core:CurrentFinancialInstruments 2024-06-30 09077532 frs-core:FurnitureFittings 2024-06-30 09077532 frs-core:FurnitureFittings 2023-07-01 2024-06-30 09077532 frs-core:FurnitureFittings 2023-06-30 09077532 frs-core:NetGoodwill 2024-06-30 09077532 frs-core:NetGoodwill 2023-07-01 2024-06-30 09077532 frs-core:NetGoodwill 2023-06-30 09077532 frs-core:PlantMachinery 2024-06-30 09077532 frs-core:PlantMachinery 2023-07-01 2024-06-30 09077532 frs-core:PlantMachinery 2023-06-30 09077532 frs-core:ShareCapital 2024-06-30 09077532 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 09077532 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 09077532 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 09077532 frs-bus:SmallEntities 2023-07-01 2024-06-30 09077532 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 09077532 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 09077532 frs-bus:Director1 2023-07-01 2024-06-30 09077532 frs-bus:Director2 2023-07-01 2024-06-30 09077532 frs-countries:EnglandWales 2023-07-01 2024-06-30 09077532 2022-06-30 09077532 2023-06-30 09077532 2022-07-01 2023-06-30 09077532 frs-core:CurrentFinancialInstruments 2023-06-30 09077532 frs-core:ShareCapital 2023-06-30 09077532 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30
Registered number: 09077532
Campbell Cole Ltd
Unaudited Financial Statements
For The Year Ended 30 June 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 09077532
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 2,614 3,311
2,614 3,311
CURRENT ASSETS
Stocks 6 11,512 12,108
Debtors 7 6,307 2,862
Cash at bank and in hand 16,203 19,043
34,022 34,013
Creditors: Amounts Falling Due Within One Year 8 (88,147 ) (88,494 )
NET CURRENT ASSETS (LIABILITIES) (54,125 ) (54,481 )
TOTAL ASSETS LESS CURRENT LIABILITIES (51,511 ) (51,170 )
NET LIABILITIES (51,511 ) (51,170 )
CAPITAL AND RESERVES
Called up share capital 9 2 2
Profit and Loss Account (51,513 ) (51,172 )
SHAREHOLDERS' FUNDS (51,511) (51,170)
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Page 2
For the year ending 30 June 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 I Campbell Cole
Director
13th February 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
Campbell Cole Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09077532 . The registered office is 4 Cross Street, Beeston, Nottingham, NG9 2NX.
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. Going Concern Disclosure
The accounts have been prepared on the going concern basis, on the understanding that the directors will continue to financially support the company as the directors will continue to support the company. 
2.3. 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.
2.4. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 4 years.
2.5. 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
Fixtures & Fittings 20% reducing balance
2.6. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.7. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
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4. Intangible Assets
Goodwill
£
Cost
As at 1 July 2023 20,000
As at 30 June 2024 20,000
Amortisation
As at 1 July 2023 20,000
As at 30 June 2024 20,000
Net Book Value
As at 30 June 2024 -
As at 1 July 2023 -
5. Tangible Assets
Plant & Machinery Fixtures & Fittings Total
£ £ £
Cost
As at 1 July 2023 2,180 6,403 8,583
As at 30 June 2024 2,180 6,403 8,583
Depreciation
As at 1 July 2023 1,490 3,782 5,272
Provided during the period 173 524 697
As at 30 June 2024 1,663 4,306 5,969
Net Book Value
As at 30 June 2024 517 2,097 2,614
As at 1 July 2023 690 2,621 3,311
6. Stocks
2024 2023
£ £
Stock 11,512 12,108
7. Debtors
2024 2023
£ £
Due within one year
Trade debtors 5,143 1,668
Prepayments and accrued income 458 989
Other debtors 706 -
VAT - 205
6,307 2,862
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8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 339 1,522
VAT 956 -
Other creditors 450 1,475
Accruals and deferred income 850 850
Directors' loan accounts 85,552 84,647
88,147 88,494
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
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