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 12705555 Miss Nicola Mcgarry Mr Adrian Mcgarry iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12705555 2023-06-30 12705555 2024-06-30 12705555 2023-07-01 2024-06-30 12705555 frs-core:CurrentFinancialInstruments 2024-06-30 12705555 frs-core:Non-currentFinancialInstruments 2024-06-30 12705555 frs-core:BetweenOneFiveYears 2024-06-30 12705555 frs-core:ComputerEquipment 2024-06-30 12705555 frs-core:ComputerEquipment 2023-07-01 2024-06-30 12705555 frs-core:ComputerEquipment 2023-06-30 12705555 frs-core:FurnitureFittings 2024-06-30 12705555 frs-core:FurnitureFittings 2023-07-01 2024-06-30 12705555 frs-core:FurnitureFittings 2023-06-30 12705555 frs-core:MotorVehicles 2024-06-30 12705555 frs-core:MotorVehicles 2023-07-01 2024-06-30 12705555 frs-core:MotorVehicles 2023-06-30 12705555 frs-core:WithinOneYear 2024-06-30 12705555 frs-core:ShareCapital 2024-06-30 12705555 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 12705555 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 12705555 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 12705555 frs-bus:SmallEntities 2023-07-01 2024-06-30 12705555 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 12705555 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 12705555 frs-bus:Director1 2023-07-01 2024-06-30 12705555 frs-bus:Director2 2023-07-01 2024-06-30 12705555 frs-countries:EnglandWales 2023-07-01 2024-06-30 12705555 2022-06-30 12705555 2023-06-30 12705555 2022-07-01 2023-06-30 12705555 frs-core:CurrentFinancialInstruments 2023-06-30 12705555 frs-core:Non-currentFinancialInstruments 2023-06-30 12705555 frs-core:BetweenOneFiveYears 2023-06-30 12705555 frs-core:WithinOneYear 2023-06-30 12705555 frs-core:ShareCapital 2023-06-30 12705555 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30
Registered number: 12705555
Ascot London Consulting Limited
Unaudited Financial Statements
For The Year Ended 30 June 2024
MITCHELLS CHARTERED ACCOUNTANTS AND CONSULTANTS
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 12705555
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 54,121 44,803
54,121 44,803
CURRENT ASSETS
Debtors 5 25,512 15,587
Cash at bank and in hand 25,693 7,902
51,205 23,489
Creditors: Amounts Falling Due Within One Year 6 (47,713 ) (31,284 )
NET CURRENT ASSETS (LIABILITIES) 3,492 (7,795 )
TOTAL ASSETS LESS CURRENT LIABILITIES 57,613 37,008
Creditors: Amounts Falling Due After More Than One Year 7 (16,977 ) (15,457 )
NET ASSETS 40,636 21,551
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 40,536 21,451
SHAREHOLDERS' FUNDS 40,636 21,551
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 Profit and Loss Account.
On behalf of the board
Mr Adrian Mcgarry
Director
17/03/2025
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
Ascot London Consulting Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12705555 . The registered office is 85 First Floor, Great Portland Street, London, W1W 7LT.
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.
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:
Motor Vehicles over 5 years
Fixtures & Fittings over 5 years
Computer Equipment over 5 years
2.4. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
Page 3
Page 4
4. Tangible Assets
Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 July 2023 47,578 36,604 6,816 90,998
Additions 42,999 186 4,996 48,181
Disposals (47,578 ) - - (47,578 )
As at 30 June 2024 42,999 36,790 11,812 91,601
Depreciation
As at 1 July 2023 18,436 - 27,759 46,195
Provided during the period 5,578 - 9,721 15,299
Disposals (24,014 ) - - (24,014 )
As at 30 June 2024 - - 37,480 37,480
Net Book Value
As at 30 June 2024 42,999 36,790 (25,668 ) 54,121
As at 1 July 2023 29,142 36,604 (20,943 ) 44,803
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 21,160 11,394
Amounts owed by group undertakings 1,412 1,907
Other debtors 2,940 2,286
25,512 15,587
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 16,022 16,022
Trade creditors 12,824 1,237
Other creditors 18,414 13,613
Taxation and social security 453 412
47,713 31,284
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 16,977 15,457
Page 4
Page 5
8. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 16,022 16,022
Later than one year and not later than five years 16,977 15,457
32,999 31,479
32,999 31,479
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 5