Acorah Software Products - Accounts Production 16.1.300 false true 31 July 2023 1 August 2022 false 1 August 2023 31 July 2024 31 July 2024 04296800 Mr D Field Mrs S Field Mr A Gilbey Mr M Brown iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04296800 frs-core:CurrentFinancialInstruments frs-core:WithinOneYear 2024-07-31 04296800 frs-core:Non-currentFinancialInstruments frs-core:BetweenOneFiveYears 2024-07-31 04296800 2023-07-31 04296800 2024-07-31 04296800 2023-08-01 2024-07-31 04296800 frs-core:CurrentFinancialInstruments 2024-07-31 04296800 frs-core:Non-currentFinancialInstruments 2024-07-31 04296800 frs-core:BetweenOneFiveYears 2024-07-31 04296800 frs-core:FurnitureFittings 2024-07-31 04296800 frs-core:FurnitureFittings 2023-08-01 2024-07-31 04296800 frs-core:FurnitureFittings 2023-07-31 04296800 frs-core:MoreThanFiveYears 2024-07-31 04296800 frs-core:MotorVehicles 2024-07-31 04296800 frs-core:MotorVehicles 2023-08-01 2024-07-31 04296800 frs-core:MotorVehicles 2023-07-31 04296800 frs-core:PlantMachinery 2024-07-31 04296800 frs-core:PlantMachinery 2023-08-01 2024-07-31 04296800 frs-core:PlantMachinery 2023-07-31 04296800 frs-core:WithinOneYear 2024-07-31 04296800 frs-core:ShareCapital 2024-07-31 04296800 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 04296800 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 04296800 frs-bus:FilletedAccounts 2023-08-01 2024-07-31 04296800 frs-bus:SmallEntities 2023-08-01 2024-07-31 04296800 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 04296800 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 04296800 frs-core:UnlistedNon-exchangeTraded 2024-07-31 04296800 frs-core:UnlistedNon-exchangeTraded 2023-07-31 04296800 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-07-31 04296800 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-07-31 04296800 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-07-31 04296800 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-07-31 04296800 frs-bus:Director1 2023-08-01 2024-07-31 04296800 frs-bus:Director2 2023-08-01 2024-07-31 04296800 frs-bus:Director3 2023-08-01 2024-07-31 04296800 frs-bus:Director4 2023-08-01 2024-07-31 04296800 frs-countries:EnglandWales 2023-08-01 2024-07-31 04296800 frs-core:CurrentFinancialInstruments frs-core:WithinOneYear 2023-07-31 04296800 frs-core:Non-currentFinancialInstruments frs-core:BetweenOneFiveYears 2023-07-31 04296800 2022-07-31 04296800 2023-07-31 04296800 2022-08-01 2023-07-31 04296800 frs-core:CurrentFinancialInstruments 2023-07-31 04296800 frs-core:Non-currentFinancialInstruments 2023-07-31 04296800 frs-core:BetweenOneFiveYears 2023-07-31 04296800 frs-core:MoreThanFiveYears 2023-07-31 04296800 frs-core:WithinOneYear 2023-07-31 04296800 frs-core:ShareCapital 2023-07-31 04296800 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31
Registered number: 04296800
Corporate Amusement Services Limited
Unaudited Financial Statements
For The Year Ended 31 July 2024
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 04296800
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 951,520 894,187
Investments 5 100 100
951,620 894,287
CURRENT ASSETS
Debtors 6 184,764 303,710
Cash at bank and in hand 319,419 108,918
504,183 412,628
Creditors: Amounts Falling Due Within One Year 7 (338,202 ) (237,305 )
NET CURRENT ASSETS (LIABILITIES) 165,981 175,323
TOTAL ASSETS LESS CURRENT LIABILITIES 1,117,601 1,069,610
Creditors: Amounts Falling Due After More Than One Year 8 (98,609 ) (185,313 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (231,398 ) (233,230 )
NET ASSETS 787,594 651,067
CAPITAL AND RESERVES
Called up share capital 11 100 100
Profit and Loss Account 787,494 650,967
SHAREHOLDERS' FUNDS 787,594 651,067
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For the year ending 31 July 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 M Brown
Director
3 March 2025
The notes on pages 3 to 6 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Corporate Amusement Services Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04296800 . The registered office is Unit 10 Newbury Trade Park, Hambridge Road, Newbury, Berkshire, RG14 5PF.
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.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary 
amounts in these financial statements are rounded to the nearest £.
Corporate Amusement Services Ltd is the parent of High Score Arcades Ltd. The registered office of the subsidiary is Unit 10 Newbury Trade Park, Hambridge Road, Newbury, Berkshire, England, RG14 5PF and their performance can be seen in their individual financial statements. 
2.2. 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.
2.3. 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:
Plant & Machinery 33% reducing balance
Motor Vehicles 25% reducing balance
Fixtures & Fittings 33% reducing balance
2.4. Investments
2.5. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
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2.6. Taxation
Income tax expense represents the sum of the tax currently payable and deferred 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 is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 24 (2023: 19)
24 19
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 August 2023 1,675,778 401,640 30,859 2,108,277
Additions 424,973 6,995 1,165 433,133
Disposals - (28,865 ) - (28,865 )
As at 31 July 2024 2,100,751 379,770 32,024 2,512,545
Depreciation
As at 1 August 2023 1,017,906 178,228 17,956 1,214,090
Provided during the period 302,538 52,522 4,503 359,563
Disposals - (12,628 ) - (12,628 )
As at 31 July 2024 1,320,444 218,122 22,459 1,561,025
Net Book Value
As at 31 July 2024 780,307 161,648 9,565 951,520
As at 1 August 2023 657,872 223,412 12,903 894,187
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5. Investments
Unlisted
£
Cost
As at 1 August 2023 100
As at 31 July 2024 100
Provision
As at 1 August 2023 -
As at 31 July 2024 -
Net Book Value
As at 31 July 2024 100
As at 1 August 2023 100
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 106,327 188,681
Prepayments and accrued income 58,656 40,713
Other debtors 16,220 16,220
Other taxes and social security - 398
Amounts owed by subsidiaries 3,561 57,698
184,764 303,710
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 30,076 38,639
Bank loans and overdrafts 10,289 10,033
Corporation tax 176,281 67,450
Other taxes and social security 2,661 -
VAT 83,276 92,033
Other creditors 32,659 29,150
Accruals and deferred income 2,960 -
338,202 237,305
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 8,778 19,067
Directors loan account 89,831 166,246
98,609 185,313
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9. Loans
An analysis of the maturity of loans is given below:
2024 2023
£ £
Amounts falling due within one year or on demand:
Bank loans 10,289 10,033
10,289 10,033
2024 2023
£ £
Amounts falling due between one and five years:
Bank loans 8,778 19,067
8,778 19,067
11. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
12. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2024 2023
£ £
Not later than one year 117,086 76,708
Later than one year and not later than five years 334,760 236,250
Later than five years 181,698 -
633,544 312,958
13. Related Party Disclosures
The Company is the parent of High Score Arcade Limited. During the period Corporate Amusement Services Limited invoiced £519,000 to High Score Arcades Limited. At 31 July 2024 an amount of £16,911 was owed by High Score Arcades Limited (2023 £57,698 ).
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