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 04787817 Mr Philip Lindsay Mr Alistair Kelly Mr Benjamin Leeves Mr Ian Boardman Mr Alistair Kelly iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04787817 2023-06-30 04787817 2024-06-30 04787817 2023-07-01 2024-06-30 04787817 frs-core:CurrentFinancialInstruments 2024-06-30 04787817 frs-core:Non-currentFinancialInstruments 2024-06-30 04787817 frs-core:ComputerEquipment 2024-06-30 04787817 frs-core:ComputerEquipment 2023-07-01 2024-06-30 04787817 frs-core:ComputerEquipment 2023-06-30 04787817 frs-core:FurnitureFittings 2024-06-30 04787817 frs-core:FurnitureFittings 2023-07-01 2024-06-30 04787817 frs-core:FurnitureFittings 2023-06-30 04787817 frs-core:ShareCapital 2024-06-30 04787817 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 04787817 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 04787817 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 04787817 frs-bus:SmallEntities 2023-07-01 2024-06-30 04787817 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 04787817 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 04787817 frs-core:CostValuation 2023-06-30 04787817 frs-core:CostValuation 2024-06-30 04787817 frs-core:ProvisionsForImpairmentInvestments 2023-06-30 04787817 frs-core:ProvisionsForImpairmentInvestments 2024-06-30 04787817 frs-bus:Director1 2023-07-01 2024-06-30 04787817 frs-bus:Director2 2023-07-01 2024-06-30 04787817 frs-bus:Director3 2023-07-01 2024-06-30 04787817 frs-bus:Director4 2023-07-01 2024-06-30 04787817 frs-bus:CompanySecretary1 2023-07-01 2024-06-30 04787817 1 2023-07-01 2024-06-30 04787817 frs-countries:EnglandWales 2023-07-01 2024-06-30 04787817 2022-06-30 04787817 2023-06-30 04787817 2022-07-01 2023-06-30 04787817 frs-core:CurrentFinancialInstruments 2023-06-30 04787817 frs-core:Non-currentFinancialInstruments 2023-06-30 04787817 frs-core:ShareCapital 2023-06-30 04787817 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30 04787817 1 2022-07-01 2023-06-30
Registered number: 04787817
Consider Creative Limited
Unaudited Financial Statements
For The Year Ended 30 June 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 04787817
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 5,607 16,745
Investments 5 3 3
5,610 16,748
CURRENT ASSETS
Debtors 6 370,359 328,530
Cash at bank and in hand 404,652 399,292
775,011 727,822
Creditors: Amounts Falling Due Within One Year 7 (352,464 ) (247,655 )
NET CURRENT ASSETS (LIABILITIES) 422,547 480,167
TOTAL ASSETS LESS CURRENT LIABILITIES 428,157 496,915
Creditors: Amounts Falling Due After More Than One Year 8 (27,500 ) (57,500 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (1,145 ) (4,145 )
NET ASSETS 399,512 435,270
CAPITAL AND RESERVES
Called up share capital 8 8
Profit and Loss Account 399,504 435,262
SHAREHOLDERS' FUNDS 399,512 435,270
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 Philip Lindsay
Director
18 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
Consider Creative Limited is a private company, limited by shares and incorporated in England & Wales. The company number is 04787817 and the registered office is Mindspace, 8 Appold Street, London, England, EC2A 2AP.
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 value added taxes. Turnover includes revenue earned from the provision of services and is recogonised at the point of invoice. If the provision of services spans the financial year end, it is measured by reviewing the actual services performed against the total services to be provided and is only recognised if it can 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:
Fixtures and fittings 25% on reducing balance
Computer equipment 33% straight line
2.4. Leasing and Hire Purchase Contracts
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.
2.5. Financial Instruments
Debtors and creditors which are due within one year are recorded at transaction price, less any impairment. 
2.6. Taxation
The taxation expense represents the sum of the tax currently payable and deferred tax. 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.
Current tax
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years 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.
...CONTINUED
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Page 4
2.6. Taxation - continued
Deferred tax
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.
2.7. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
2.8. Investments
All investments are carried at cost. They are not revalued unless there is an active market in which a valuation cen be reliably determined.
3. Average Number of Employees
2024 2023
Average number of employees, including directors, during the year 24 27
24 27
4. Tangible Assets
Fixtures and fittings Computer equipment Total
£ £ £
Cost
As at 1 July 2023 9,070 79,675 88,745
Disposals (8,287 ) (45,859 ) (54,146 )
As at 30 June 2024 783 33,816 34,599
Depreciation
As at 1 July 2023 8,365 63,635 72,000
Provided during the period 23 8,227 8,250
Disposals (7,674 ) (43,584 ) (51,258 )
As at 30 June 2024 714 28,278 28,992
...CONTINUED
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Page 5
Net Book Value
As at 30 June 2024 69 5,538 5,607
As at 1 July 2023 705 16,040 16,745
5. Investments
Other
£
Cost
As at 1 July 2023 3
As at 30 June 2024 3
Provision
As at 1 July 2023 -
As at 30 June 2024 -
Net Book Value
As at 30 June 2024 3
As at 1 July 2023 3
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 347,650 303,530
Other debtors 22,709 25,000
370,359 328,530
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 179,637 28,995
Bank loans and overdrafts 30,000 30,000
Other creditors 6,494 11,788
Taxation and social security 136,333 176,872
352,464 247,655
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 27,500 57,500
Page 5