Acorah Software Products - Accounts Production 16.1.300 false true 30 June 2023 1 July 2022 false 1 July 2023 30 June 2024 30 June 2024 09633728 Craig Elder Thomas Edmonds iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09633728 2023-06-30 09633728 2024-06-30 09633728 2023-07-01 2024-06-30 09633728 frs-core:CurrentFinancialInstruments 2024-06-30 09633728 frs-core:BetweenOneFiveYears 2024-06-30 09633728 frs-core:ComputerEquipment 2024-06-30 09633728 frs-core:ComputerEquipment 2023-07-01 2024-06-30 09633728 frs-core:ComputerEquipment 2023-06-30 09633728 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-07-01 2024-06-30 09633728 frs-core:FurnitureFittings 2024-06-30 09633728 frs-core:FurnitureFittings 2023-07-01 2024-06-30 09633728 frs-core:FurnitureFittings 2023-06-30 09633728 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-07-01 2024-06-30 09633728 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-06-30 09633728 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 09633728 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-06-30 09633728 frs-core:OtherResidualIntangibleAssets 2024-06-30 09633728 frs-core:OtherResidualIntangibleAssets 2023-07-01 2024-06-30 09633728 frs-core:OtherResidualIntangibleAssets 2023-06-30 09633728 frs-core:PlantMachinery 2024-06-30 09633728 frs-core:PlantMachinery 2023-07-01 2024-06-30 09633728 frs-core:PlantMachinery 2023-06-30 09633728 frs-core:WithinOneYear 2024-06-30 09633728 frs-core:CapitalRedemptionReserve 2024-06-30 09633728 frs-core:ShareCapital 2024-06-30 09633728 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 09633728 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 09633728 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 09633728 frs-bus:SmallEntities 2023-07-01 2024-06-30 09633728 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 09633728 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 09633728 frs-bus:Director1 2023-07-01 2024-06-30 09633728 frs-bus:Director2 2023-07-01 2024-06-30 09633728 frs-countries:EnglandWales 2023-07-01 2024-06-30 09633728 2022-06-30 09633728 2023-06-30 09633728 2022-07-01 2023-06-30 09633728 frs-core:CurrentFinancialInstruments 2023-06-30 09633728 frs-core:BetweenOneFiveYears 2023-06-30 09633728 frs-core:WithinOneYear 2023-06-30 09633728 frs-core:CapitalRedemptionReserve 2023-06-30 09633728 frs-core:ShareCapital 2023-06-30 09633728 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30
Registered number: 09633728
Edmonds Elder Limited
Unaudited Financial Statements
For The Year Ended 30 June 2024
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—5
Page 1
Statement of Financial Position
Registered number: 09633728
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 2,800 5,328
Tangible Assets 5 12,979 26,522
15,779 31,850
CURRENT ASSETS
Debtors 6 696,165 710,011
Cash at bank and in hand 941,202 1,896,216
1,637,367 2,606,227
Creditors: Amounts Falling Due Within One Year 7 (1,003,612 ) (723,823 )
NET CURRENT ASSETS (LIABILITIES) 633,755 1,882,404
TOTAL ASSETS LESS CURRENT LIABILITIES 649,534 1,914,254
NET ASSETS 649,534 1,914,254
CAPITAL AND RESERVES
Called up share capital 8 1 2
Capital redemption reserve 1 -
Income Statement 649,532 1,914,252
SHAREHOLDERS' FUNDS 649,534 1,914,254
Page 1
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 Income Statement.
On behalf of the board
Craig Elder
Director
25/02/2025
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
Edmonds Elder Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09633728 . The registered office is 3 Dorset Rise, London, EC4Y 8EN.
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 recognised at the date at which the digital consultancy work is carried out.
2.3. Intangible Fixed Assets and Amortisation - Other Intangible
Intangible fixed assets are measured at cost less accumulated amortisation and any accumulative impairment losses. Amortisation is charged so as to allocate costs of intangibles less their residual values over their estimated useful lives, using the straight line method.  The intangible assets are amortised over their useful economic life as follows:
Website - 4 years
2.4. 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:
Leasehold 31.25% straight line
Plant & Machinery 25% straight line
Fixtures & Fittings 25% straight line
Computer Equipment 33.3% straight line
2.5. Leasing and Hire Purchase Contracts
Rentals paid under operating leases are charged to the profit or loss on a straightline basis over the period of the lease.
2.6. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position 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.
2.7. Taxation
Deferred tax is calculated in respect of all timing differences that have originated but not reversed at the statement of financial position date, but is only recognised in the financial statements if material.
2.8. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the income statement as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 23 (2023: 21)
23 21
Page 3
Page 4
4. Intangible Assets
Website
£
Cost
As at 1 July 2023 11,400
As at 30 June 2024 11,400
Amortisation
As at 1 July 2023 6,072
Provided during the period 2,528
As at 30 June 2024 8,600
Net Book Value
As at 30 June 2024 2,800
As at 1 July 2023 5,328
5. Tangible Assets
Land & Property
Leasehold Improvements Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 July 2023 18,035 19,338 16,786 39,541 93,700
Additions - 1,593 3,898 858 6,349
Disposals (18,035 ) - (15,987 ) - (34,022 )
As at 30 June 2024 - 20,931 4,697 40,399 66,027
Depreciation
As at 1 July 2023 17,501 8,570 12,593 28,514 67,178
Provided during the period 534 5,233 4,968 9,157 19,892
Disposals (18,035 ) - (15,987 ) - (34,022 )
As at 30 June 2024 - 13,803 1,574 37,671 53,048
Net Book Value
As at 30 June 2024 - 7,128 3,123 2,728 12,979
As at 1 July 2023 534 10,768 4,193 11,027 26,522
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 520,406 696,796
Other debtors 175,759 13,215
696,165 710,011
Page 4
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7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 89,315 47,113
Other creditors 410,794 221,757
Taxation and social security 503,503 454,953
1,003,612 723,823
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 2
On 20 June 2024 the company purchased 500 of its own £0.001 shares.
A capital redemption reserve balance of £0.50 was created.
The remaining balance of ordinary shares at year end is £1.50. This is 1500 shares of £0.001 per share.
These figures have been rounded for presentation purposes in these accounts.
9. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2024 2023
£ £
Not later than one year 249,210 -
Later than one year and not later than five years 249,210 -
498,420 -
Page 5