Acorah Software Products - Accounts Production 16.1.300 false true 30 April 2023 1 May 2022 false 1 May 2023 30 April 2024 30 April 2024 6545233 Mr Jack Critchley iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 6545233 frs-core:Non-currentFinancialInstruments frs-core:MoreThanFiveYears 2024-04-30 6545233 2023-04-30 6545233 2024-04-30 6545233 2023-05-01 2024-04-30 6545233 frs-core:CurrentFinancialInstruments 2024-04-30 6545233 frs-core:Non-currentFinancialInstruments 2024-04-30 6545233 frs-core:InvestmentPropertyIncludedWithinPPE 2024-04-30 6545233 frs-core:InvestmentPropertyIncludedWithinPPE 2023-05-01 2024-04-30 6545233 frs-core:InvestmentPropertyIncludedWithinPPE 2023-04-30 6545233 frs-core:PlantMachinery 2024-04-30 6545233 frs-core:PlantMachinery 2023-05-01 2024-04-30 6545233 frs-core:PlantMachinery 2023-04-30 6545233 frs-core:ShareCapital 2024-04-30 6545233 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 6545233 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 6545233 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 6545233 frs-bus:SmallEntities 2023-05-01 2024-04-30 6545233 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 6545233 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 6545233 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2023-05-01 2024-04-30 6545233 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2023-04-30 6545233 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2024-04-30 6545233 frs-core:UnlistedNon-exchangeTraded 2024-04-30 6545233 frs-core:UnlistedNon-exchangeTraded 2023-04-30 6545233 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-04-30 6545233 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-04-30 6545233 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-04-30 6545233 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-04-30 6545233 frs-bus:Director1 2023-05-01 2024-04-30 6545233 frs-countries:EnglandWales 2023-05-01 2024-04-30 6545233 frs-core:Non-currentFinancialInstruments frs-core:MoreThanFiveYears 2023-04-30 6545233 2022-04-30 6545233 2023-04-30 6545233 2022-05-01 2023-04-30 6545233 frs-core:CurrentFinancialInstruments 2023-04-30 6545233 frs-core:Non-currentFinancialInstruments 2023-04-30 6545233 frs-core:ShareCapital 2023-04-30 6545233 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30 6545233 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2023-04-30
Registered number: 6545233
Chesro Limited
Unaudited Financial Statements
For The Year Ended 30 April 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 6545233
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,984,731 1,874,731
Investments 5 1,900 1,900
1,986,631 1,876,631
CURRENT ASSETS
Debtors 6 761,618 660,572
Cash at bank and in hand 105 470
761,723 661,042
Creditors: Amounts Falling Due Within One Year 7 (556,304 ) (517,850 )
NET CURRENT ASSETS (LIABILITIES) 205,419 143,192
TOTAL ASSETS LESS CURRENT LIABILITIES 2,192,050 2,019,823
Creditors: Amounts Falling Due After More Than One Year 8 (197,405 ) (223,771 )
PROVISIONS FOR LIABILITIES
Deferred Taxation 10 (211,510 ) (184,010 )
NET ASSETS 1,783,135 1,612,042
CAPITAL AND RESERVES
Called up share capital 11 1 1
Fair value reserve 13 742,350 659,850
Profit and Loss Account 1,040,784 952,191
SHAREHOLDERS' FUNDS 1,783,135 1,612,042
Page 1
Page 2
For the year ending 30 April 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 Jack Critchley
Director
26/02/2025
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
Chesro Limited is a private company, limited by shares, incorporated in England & Wales, registered number 6545233 . The registered office is Haresfield, Stockton Lane, Grappenhall, Warrington, Cheshire, WA4 3HQ.
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 comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. 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 33.3% on cost
2.4. Investment Properties
Investment properties shall not be subject to periodic charges for depreciation except for properties held on lease, which shall be depreciated at least over the period when the unexpired term is 20 years or less.
Investment properties shall be included in the balance sheet at their market value.

2.5. Taxation
The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.
2.6. Investments
Investments are stated at cost less provision for diminution in value.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Tangible Assets
Investment Properties Plant & Machinery Total
£ £ £
Cost or Valuation
As at 1 May 2023 1,874,731 500 1,875,231
Revaluation 110,000 - 110,000
As at 30 April 2024 1,984,731 500 1,985,231
Depreciation
As at 1 May 2023 - 500 500
As at 30 April 2024 - 500 500
Net Book Value
As at 30 April 2024 1,984,731 - 1,984,731
As at 1 May 2023 1,874,731 - 1,874,731
Page 3
Page 4
Cost or valuation as at 30 April 2024 represented by:
Investment Properties Plant & Machinery Total
£ £ £
At cost 1,030,871 500 1,031,371
At valuation 953,860 - 953,860
1,984,731 500 1,985,231
The investment properties were valued at open market value by Mr J Critchley, the director of the company, in April 2024.
5. Investments
Unlisted
£
Cost
As at 1 May 2023 1,900
As at 30 April 2024 1,900
Provision
As at 1 May 2023 -
As at 30 April 2024 -
Net Book Value
As at 30 April 2024 1,900
As at 1 May 2023 1,900
6. Debtors
2024 2023
£ £
Due within one year
Other debtors 761,618 660,572
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Bank loans and overdrafts 88,905 79,626
Corporation tax 86,092 54,165
Other taxes and social security 1,220 1,220
Other creditors 376,127 379,239
Accruals and deferred income 3,960 3,600
556,304 517,850
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 197,405 223,771
Of the creditors falling due after more than one year the following amounts are due after more than five years.
Page 4
Page 5
2024 2023
£ £
Bank loans 23,655 8,965
9. Secured Creditors
Of the creditors the following amounts are secured.
2024 2023
£ £
Bank loans and overdrafts 271,310 281,197
10. Deferred Taxation
The provision for deferred tax relates to revaluations of investment properties.
2024 2023
£ £
Other timing differences 211,510 184,010
11. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
12. Directors Advances, Credits and Guarantees
Included in Debtors is a loan to Mr Jack Critchley. At 30 April 2024 the balance of the loan was £234,743 (2023: £211,777).
13. Reserves
Fair Value Reserve
£
As at 1 May 2023 659,850
Transfer to profit and loss 82,500
As at 30 April 2024 742,350
The Fair Value Reserve represents the cumulative fair value gains and losses in respect of investment properties and their associated deferred tax.
Page 5