Acorah Software Products - Accounts Production 16.1.300 false true 30 September 2023 1 October 2022 false 1 October 2023 30 September 2024 30 September 2024 06191392 Mr Steven Knight Mr Steven Knight iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06191392 2023-09-30 06191392 2024-09-30 06191392 2023-10-01 2024-09-30 06191392 frs-core:CurrentFinancialInstruments 2024-09-30 06191392 frs-core:Non-currentFinancialInstruments 2024-09-30 06191392 frs-core:MotorVehicles 2024-09-30 06191392 frs-core:MotorVehicles 2023-10-01 2024-09-30 06191392 frs-core:MotorVehicles 2023-09-30 06191392 frs-core:PlantMachinery 2024-09-30 06191392 frs-core:PlantMachinery 2023-10-01 2024-09-30 06191392 frs-core:PlantMachinery 2023-09-30 06191392 frs-core:ShareCapital 2024-09-30 06191392 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 06191392 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 06191392 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 06191392 frs-bus:SmallEntities 2023-10-01 2024-09-30 06191392 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 06191392 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 06191392 frs-bus:Director1 2023-10-01 2024-09-30 06191392 frs-bus:CompanySecretary1 2023-10-01 2024-09-30 06191392 frs-countries:EnglandWales 2023-10-01 2024-09-30 06191392 2022-09-30 06191392 2023-09-30 06191392 2022-10-01 2023-09-30 06191392 frs-core:CurrentFinancialInstruments 2023-09-30 06191392 frs-core:Non-currentFinancialInstruments 2023-09-30 06191392 frs-core:ShareCapital 2023-09-30 06191392 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30
Registered number: 06191392
The Education Development Service Ltd
Unaudited Financial Statements
For The Year Ended 30 September 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 06191392
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 41,613 45,403
41,613 45,403
CURRENT ASSETS
Debtors 5 198,429 68,038
Cash at bank and in hand 72,869 22,092
271,298 90,130
Creditors: Amounts Falling Due Within One Year 6 (156,923 ) (92,278 )
NET CURRENT ASSETS (LIABILITIES) 114,375 (2,148 )
TOTAL ASSETS LESS CURRENT LIABILITIES 155,988 43,255
Creditors: Amounts Falling Due After More Than One Year 7 (7,908 ) (18,216 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (8,010 ) (6,201 )
NET ASSETS 140,070 18,838
CAPITAL AND RESERVES
Called up share capital 8 222 222
Profit and Loss Account 139,848 18,616
SHAREHOLDERS' FUNDS 140,070 18,838
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For the year ending 30 September 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 Steven Knight
Director
20 March 2025
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
The Education Development Service Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 06191392 . The registered office is Seeds Centre Unit 6 The Bridges Business Park, Horsehay, Telford, Shropshire, TF4 3EE.

The financial statements are presented in pound sterling.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 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:
Plant & Machinery 25% Reducing Balance
Motor Vehicles 25% Reducing Balance
2.4. 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 as follows:
2024 2023
Office and administration 23 23
23 23
4. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 1 October 2023 111,826 21,474 133,300
Additions 10,089 - 10,089
As at 30 September 2024 121,915 21,474 143,389
Depreciation
As at 1 October 2023 70,244 17,653 87,897
Provided during the period 12,924 955 13,879
As at 30 September 2024 83,168 18,608 101,776
Net Book Value
As at 30 September 2024 38,747 2,866 41,613
As at 1 October 2023 41,582 3,821 45,403
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 81,825 28,500
Prepayments and accrued income 1,425 993
Other debtors 115,179 38,545
198,429 68,038
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 47,500 35,200
Bank loans and overdrafts 10,311 10,057
Corporation tax 80,126 27,889
Other taxes and social security 9,998 9,075
Other creditors 1,887 3,333
Accruals and deferred income 6,916 6,541
Director's loan account 185 183
156,923 92,278
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7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 7,908 18,216
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 222 222
9. Pension Commitments
The company operates a defined contribution pension scheme for it's employees. The assets of the scheme are held separately from those of the company in an independently administered fund. At the balance sheet date unpaid contributions of NIL (2023: £1,373) were due to the fund. They are included in Other Creditors.
10. Related Party Transactions
Included within other debtors is £115,179 (2023:£38,545) due from Baker & Bellfield Limited, a company whose director is the spouse of S Kinght. No interest has been charged on the balance and there are no conditions attached.
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