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 07713904 Dr A Baxter Dr N Baxter iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07713904 2023-07-31 07713904 2024-07-31 07713904 2023-08-01 2024-07-31 07713904 frs-core:CurrentFinancialInstruments 2024-07-31 07713904 frs-core:ComputerEquipment 2024-07-31 07713904 frs-core:ComputerEquipment 2023-08-01 2024-07-31 07713904 frs-core:ComputerEquipment 2023-07-31 07713904 frs-core:FurnitureFittings 2024-07-31 07713904 frs-core:FurnitureFittings 2023-08-01 2024-07-31 07713904 frs-core:FurnitureFittings 2023-07-31 07713904 frs-core:NetGoodwill 2024-07-31 07713904 frs-core:NetGoodwill 2023-08-01 2024-07-31 07713904 frs-core:NetGoodwill 2023-07-31 07713904 frs-core:RevaluationReserve 2023-08-01 2024-07-31 07713904 frs-core:RevaluationReserve 2023-07-31 07713904 frs-core:RevaluationReserve 2024-07-31 07713904 frs-core:ShareCapital 2024-07-31 07713904 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 07713904 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 07713904 frs-bus:FilletedAccounts 2023-08-01 2024-07-31 07713904 frs-bus:SmallEntities 2023-08-01 2024-07-31 07713904 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 07713904 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 07713904 frs-core:DeferredTaxation 2023-08-01 2024-07-31 07713904 frs-core:DeferredTaxation 2024-07-31 07713904 frs-core:UnlistedNon-exchangeTraded 2024-07-31 07713904 frs-core:UnlistedNon-exchangeTraded 2023-07-31 07713904 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-07-31 07713904 frs-core:AdditionsToInvestments frs-core:UnlistedNon-exchangeTraded 2024-07-31 07713904 frs-core:RevaluationsIncreaseDecreaseInInvestments frs-core:UnlistedNon-exchangeTraded 2024-07-31 07713904 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-07-31 07713904 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-07-31 07713904 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-07-31 07713904 frs-bus:Director1 2023-08-01 2024-07-31 07713904 frs-bus:Director2 2023-08-01 2024-07-31 07713904 frs-countries:EnglandWales 2023-08-01 2024-07-31 07713904 2022-07-31 07713904 2023-07-31 07713904 2022-08-01 2023-07-31 07713904 frs-core:CurrentFinancialInstruments 2023-07-31 07713904 frs-core:RevaluationReserve 2023-07-31 07713904 frs-core:ShareCapital 2023-07-31 07713904 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31
Registered number: 07713904
Andrew Baxter Ltd
Unaudited Financial Statements
For The Year Ended 31 July 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 07713904
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 32,869 37,565
Tangible Assets 5 1,550 -
Investments 6 39,039 20,427
73,458 57,992
CURRENT ASSETS
Debtors 7 43,188 39,906
Cash at bank and in hand 10,493 34,020
53,681 73,926
Creditors: Amounts Falling Due Within One Year 8 (87,205 ) (64,645 )
NET CURRENT ASSETS (LIABILITIES) (33,524 ) 9,281
TOTAL ASSETS LESS CURRENT LIABILITIES 39,934 67,273
PROVISIONS FOR LIABILITIES
Deferred Taxation 9 (295 ) -
NET ASSETS 39,639 67,273
CAPITAL AND RESERVES
Called up share capital 11 140 140
Revaluation reserve 12 3,943 403
Profit and Loss Account 35,556 66,730
SHAREHOLDERS' FUNDS 39,639 67,273
Page 1
Page 2
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
Dr A Baxter
Director
27/02/2025
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
Andrew Baxter Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 07713904 . The registered office is 12 Alexandra Gardens, Nether Edge, Sheffield, S11 9DQ.
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 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.

2.3. 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 20 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:
Fixtures & Fittings 25% straight line
Computer Equipment 25% straight line
2.5. 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.

3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Intangible Assets
Goodwill
£
Cost
As at 1 August 2023 93,916
As at 31 July 2024 93,916
Amortisation
As at 1 August 2023 56,351
Provided during the period 4,696
As at 31 July 2024 61,047
...CONTINUED
Page 3
Page 4
Net Book Value
As at 31 July 2024 32,869
As at 1 August 2023 37,565
5. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 August 2023 4,555 1,439 5,994
Additions - 1,772 1,772
Disposals (989 ) (1,439 ) (2,428 )
As at 31 July 2024 3,566 1,772 5,338
Depreciation
As at 1 August 2023 4,555 1,439 5,994
Provided during the period - 222 222
Disposals (989 ) (1,439 ) (2,428 )
As at 31 July 2024 3,566 222 3,788
Net Book Value
As at 31 July 2024 - 1,550 1,550
As at 1 August 2023 - - -
6. Investments
Unlisted
£
Cost
As at 1 August 2023 20,427
Additions 15,072
Revaluations 3,540
As at 31 July 2024 39,039
Provision
As at 1 August 2023 -
As at 31 July 2024 -
Net Book Value
As at 31 July 2024 39,039
As at 1 August 2023 20,427
7. Debtors
2024 2023
£ £
Due within one year
Trade debtors 38,805 36,177
Prepayments and accrued income 4,383 3,729
43,188 39,906
Page 4
Page 5
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Corporation tax 67,506 49,150
VAT 4,743 6,472
Accruals and deferred income 8,059 5,711
Directors' loan accounts 6,897 3,312
87,205 64,645
9. Deferred Taxation
The provision for deferred tax is made up as follows:
2024 2023
£ £
Other timing differences 295 -
10. Provisions for Liabilities
Deferred Tax Total
£ £
Deferred taxation 295 295
Balance at 31 July 2024 295 295
Provision is made for the potential charge to tax that would arise should the company dispose of its fixed assets at the stated net book value to the extent that this is in excess of the tax written down value.
11. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 140 140
12. Reserves
Revaluation Reserve
£
As at 1 August 2023 403
Transfer to profit and loss 3,540
As at 31 July 2024 3,943
Page 5