Acorah Software Products - Accounts Production 16.1.300 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 03832844 Mr J Webb Mr A P Donaldson Mr S Martin Mr R N Stonier Mr R A Isaacs Mr D K Muggridge Mrs H L Gregory Mrs H L Gregory iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 03832844 2023-12-31 03832844 2024-12-31 03832844 2024-01-01 2024-12-31 03832844 frs-core:CurrentFinancialInstruments 2024-12-31 03832844 frs-core:ComputerEquipment 2024-12-31 03832844 frs-core:ComputerEquipment 2024-01-01 2024-12-31 03832844 frs-core:ComputerEquipment 2023-12-31 03832844 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 03832844 frs-bus:CompanyLimitedByGuarantee 2024-01-01 2024-12-31 03832844 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 03832844 frs-bus:SmallEntities 2024-01-01 2024-12-31 03832844 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 03832844 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 03832844 frs-bus:Director1 2024-01-01 2024-12-31 03832844 frs-bus:Director2 2024-01-01 2024-12-31 03832844 frs-bus:Director3 2024-01-01 2024-12-31 03832844 frs-bus:Director4 2024-01-01 2024-12-31 03832844 frs-bus:Director5 2024-01-01 2024-12-31 03832844 frs-bus:Director6 2024-01-01 2024-12-31 03832844 frs-bus:Director7 2024-01-01 2024-12-31 03832844 frs-bus:CompanySecretary1 2024-01-01 2024-12-31 03832844 frs-countries:EnglandWales 2024-01-01 2024-12-31 03832844 2022-12-31 03832844 2023-12-31 03832844 2023-01-01 2023-12-31 03832844 frs-core:CurrentFinancialInstruments 2023-12-31 03832844 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 03832844
Network Of Independent Forensic Accountants
Unaudited Financial Statements
For The Year Ended 31 December 2024
Deans
Gibson House Hurricane Close
Stafford
Staffordshire
ST16 1GZ
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 03832844
2024 2023
Notes £ £ £ £
FIXED ASSETS
CURRENT ASSETS
Debtors 5 6,390 8,279
Cash at bank and in hand 43,261 35,153
49,651 43,432
Creditors: Amounts Falling Due Within One Year 6 (6,064 ) (3,328 )
NET CURRENT ASSETS (LIABILITIES) 43,587 40,104
TOTAL ASSETS LESS CURRENT LIABILITIES 43,587 40,104
NET ASSETS 43,587 40,104
Income and Expenditure Account 43,587 40,104
MEMBERS' FUNDS 43,587 40,104
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 Income and Expenditure Account.
On behalf of the board
Mrs H L Gregory
Director
7 March 2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Network Of Independent Forensic Accountants is a private company, limited by guarantee, incorporated in England & Wales. The company's registered number and registered office address can be found on the Company Information page.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of section 1a "Small Entities" and the Companies Act 2006.  The financial statements have been prepared under the historical cost convention.
The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.
The significant accounting policies applied in the preparation of these financial statements are set out below.  These policies have been consistently applied to all years presented unless otherwise stated.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of VAT and trade discounts.  The policies adopted for the recognition of turnover are as follows:
Subscriptions: When the outcome of a transaction can be estimated reliably, turnover from members' subscriptions is recognised by reference to receipt of the subscription.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less accumulated depreciation.  Cost includes costs directly attributable to making the asset capable of operating as intended.  
2.4. Taxation
Taxation for the year comprises current and deferred tax.  Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.  
Current or deferred taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements.  Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
2.5. Debtors and creditors receivable / payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price.  Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 7 (2023: 7)
7 7
Page 2
Page 3
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 January 2024 4,135
Disposals (4,135 )
As at 31 December 2024 -
Depreciation
As at 1 January 2024 4,135
Disposals (4,135 )
As at 31 December 2024 -
Net Book Value
As at 31 December 2024 -
As at 1 January 2024 -
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 2,406 4,410
Prepayments and accrued income 3,462 3,594
VAT 522 275
6,390 8,279
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 239 1,215
Corporation tax 893 76
Accruals and deferred income 4,932 2,037
6,064 3,328
7. Related Party Transactions
During the year the company incurred expenditure from related parties as follows:
MHA - accountancy and bookkeeping £1,788 (2023 - £4,400)
Misted Langdon - administration services, marketing and newsletter production £6,735 (2023 - £6,800)
Deans - accountancy and bookkeeping £3,613 (2023 - £nil)
8. Company limited by guarantee
The company is limited by guarantee and has no share capital.  Each member's liability on winding up is restricted to a maximum of £500.
Page 3