Acorah Software Products - Accounts Production 16.1.300 false true true 31 August 2023 1 September 2022 false 1 September 2023 31 August 2024 31 August 2024 12804038 B Kenwright P M Graham iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12804038 2023-08-31 12804038 2024-08-31 12804038 2023-09-01 2024-08-31 12804038 frs-core:CurrentFinancialInstruments 2024-08-31 12804038 frs-core:ComputerEquipment 2024-08-31 12804038 frs-core:ComputerEquipment 2023-09-01 2024-08-31 12804038 frs-core:ComputerEquipment 2023-08-31 12804038 frs-core:ShareCapital 2024-08-31 12804038 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 12804038 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 12804038 frs-bus:FilletedAccounts 2023-09-01 2024-08-31 12804038 frs-bus:SmallEntities 2023-09-01 2024-08-31 12804038 frs-bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 12804038 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 12804038 frs-bus:OrdinaryShareClass1 2023-09-01 2024-08-31 12804038 frs-bus:OrdinaryShareClass1 2024-08-31 12804038 frs-bus:Director1 2023-09-01 2024-08-31 12804038 frs-bus:Director1 2023-08-31 12804038 frs-bus:Director1 2024-08-31 12804038 frs-bus:Director2 2023-09-01 2024-08-31 12804038 frs-countries:EnglandWales 2023-09-01 2024-08-31 12804038 2022-08-31 12804038 2023-08-31 12804038 2022-09-01 2023-08-31 12804038 frs-core:CurrentFinancialInstruments 2023-08-31 12804038 frs-core:ShareCapital 2023-08-31 12804038 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31 12804038 frs-bus:OrdinaryShareClass1 2022-09-01 2023-08-31
Registered number: 12804038
Bubb Talent Ltd
Unaudited Financial Statements
For The Year Ended 31 August 2024
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—5
Page 1
Statement of Financial Position
Registered number: 12804038
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,730 3,819
1,730 3,819
CURRENT ASSETS
Debtors 5 43,609 66,400
Cash at bank and in hand - 23,287
43,609 89,687
Creditors: Amounts Falling Due Within One Year 6 (125,232 ) (82,659 )
NET CURRENT ASSETS (LIABILITIES) (81,623 ) 7,028
TOTAL ASSETS LESS CURRENT LIABILITIES (79,893 ) 10,847
NET (LIABILITIES)/ASSETS (79,893 ) 10,847
CAPITAL AND RESERVES
Called up share capital 7 10,000 10,000
Income Statement (89,893 ) 847
SHAREHOLDERS' FUNDS (79,893) 10,847
Page 1
Page 2
For the year ending 31 August 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 Statement.
On behalf of the board
B Kenwright
Director
P M Graham
Director
27 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
Bubb Talent Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12804038 . The registered office is 7 Bell Yard, Bell Yard, London, WC2A 2JR.
The presentation currency of the financial statements is the Pound Sterling (£). 
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. Going Concern Disclosure
The company made a loss during the year. The company obtained financial loans to help meet the business' working capital requirements and traded profitably in the following accounting period. The directors are therefore satisfied that the company can meet its liabilities as they fall due, and have considered a period of 12 months from the date of approval of these accounts in making this assessment. Accordingly, the accounts have been prepared on a going concern basis.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
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:
Computer Equipment 25% on cost
2.5. 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 income statement 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 income statement as incurred.
2.6. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.7. Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 material 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.
Page 3
Page 4
2.8. Pensions
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.
3. Average Number of Employees
Average number of employees during the year was: 2 (2023: 5)
2 5
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 September 2023 6,116
Additions 1,491
Disposals (5,061 )
As at 31 August 2024 2,546
Depreciation
As at 1 September 2023 2,297
Provided during the period 1,839
Disposals (3,320 )
As at 31 August 2024 816
Net Book Value
As at 31 August 2024 1,730
As at 1 September 2023 3,819
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 27,336 19,889
Other debtors 16,273 46,511
43,609 66,400
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 33,968 20,687
Bank loans and overdrafts 47,675 -
Other loans 4,895 -
Other creditors 10,221 16,497
Taxation and social security 28,473 45,475
125,232 82,659
Page 4
Page 5
7. Share Capital
2024 2023
Allotted, called up and fully paid £ £
10,000 Ordinary Shares of £ 1.00 each 10,000 10,000
8. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 September 2023 Amounts advanced Amounts repaid Amounts written off As at 31 August 2024
£ £ £ £ £
Mr Benjamin Kenwright 17,113 19,940 33,072 - 4,420
The above loan is unsecured and was repaid shortly after the year end. Interest is charged at the HMRC beneficial loan rate.
9. Related Party Transactions
At the balance sheet date, the company owed a director £5,440 (2023 - £10,321 was owed to the company). The amount is interest free and repayable upon demand, however the director has confirmed they will not withdraw their loan to the detriment of the company. 
Page 5