Acorah Software Products - Accounts Production 16.1.300 false true true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 10395540 Mr Andrew Holme Mrs Annalise Holme iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10395540 2023-12-31 10395540 2024-12-31 10395540 2024-01-01 2024-12-31 10395540 frs-core:CurrentFinancialInstruments 2024-12-31 10395540 frs-core:Non-currentFinancialInstruments 2024-12-31 10395540 frs-core:ComputerEquipment 2024-12-31 10395540 frs-core:ComputerEquipment 2024-01-01 2024-12-31 10395540 frs-core:ComputerEquipment 2023-12-31 10395540 frs-core:PlantMachinery 2024-12-31 10395540 frs-core:PlantMachinery 2024-01-01 2024-12-31 10395540 frs-core:PlantMachinery 2023-12-31 10395540 frs-core:ShareCapital 2024-12-31 10395540 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 10395540 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 10395540 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 10395540 frs-bus:SmallEntities 2024-01-01 2024-12-31 10395540 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 10395540 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 10395540 frs-bus:Director1 2024-01-01 2024-12-31 10395540 frs-bus:Director1 2023-12-31 10395540 frs-bus:Director1 2024-12-31 10395540 frs-bus:Director2 2024-01-01 2024-12-31 10395540 frs-bus:Director2 2023-12-31 10395540 frs-bus:Director2 2024-12-31 10395540 frs-countries:EnglandWales 2024-01-01 2024-12-31 10395540 2022-12-31 10395540 2023-12-31 10395540 2023-01-01 2023-12-31 10395540 frs-core:CurrentFinancialInstruments 2023-12-31 10395540 frs-core:Non-currentFinancialInstruments 2023-12-31 10395540 frs-core:ShareCapital 2023-12-31 10395540 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 10395540
Insignia Crew Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 10395540
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 15,008 15,759
15,008 15,759
CURRENT ASSETS
Debtors 5 19,350 7,664
Cash at bank and in hand 34,318 36,147
53,668 43,811
Creditors: Amounts Falling Due Within One Year 6 (23,786 ) (23,560 )
NET CURRENT ASSETS (LIABILITIES) 29,882 20,251
TOTAL ASSETS LESS CURRENT LIABILITIES 44,890 36,010
Creditors: Amounts Falling Due After More Than One Year 7 (1,400 ) (4,200 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (443 ) (288 )
NET ASSETS 43,047 31,522
CAPITAL AND RESERVES
Called up share capital 8 1,000 1,000
Profit and Loss Account 42,047 30,522
SHAREHOLDERS' FUNDS 43,047 31,522
Page 1
Page 2
For the year ending 31 December 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 Andrew Holme
Director
Mrs Annalise Holme
Director
17 March 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
Insignia Crew Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10395540 . The registered office is 4 Gold Tops, Newport, NP20 4PG.
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 directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
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 form the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

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:
Plant & Machinery 10% straight line
Computer Equipment 25% reducing balance
2.5. 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.
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 year 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 asset reflects 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.
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3. Average Number of Employees
Average number of employees, including directors, during the year was:
2024 2023
Office and administration 2 3
2 3
4. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 1 January 2024 15,684 4,894 20,578
Additions - 1,334 1,334
As at 31 December 2024 15,684 6,228 21,912
Depreciation
As at 1 January 2024 1,438 3,381 4,819
Provided during the period 1,568 517 2,085
As at 31 December 2024 3,006 3,898 6,904
Net Book Value
As at 31 December 2024 12,678 2,330 15,008
As at 1 January 2024 14,246 1,513 15,759
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 12,822 3,901
Other debtors 6,528 3,763
19,350 7,664
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 16 -
Bank loans and overdrafts 2,800 2,800
Other creditors 3,952 16,629
Taxation and social security 17,018 4,131
23,786 23,560
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 1,400 4,200
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Page 5
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1,000 1,000
9. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 January 2024 Amounts advanced Amounts repaid Amounts written off As at 31 December 2024
£ £ £ £ £
Mr Andrew Holme (9,149 ) 30,890 (21,604 ) - 137
Mrs Annalise Holme (3,839 ) 21,550 (14,603 ) - 3,106
The loans were repaid to the company on 9 January 2025.
The above loans are unsecured, interest free and repayable on demand.
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