Acorah Software Products - Accounts Production 16.2.800 false true 30 June 2023 1 April 2022 false 1 July 2023 30 June 2024 30 June 2024 05532545 Mr Mark Bent Mr Justin Jenkins Mr Mark Bent iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05532545 2023-06-30 05532545 2024-06-30 05532545 2023-07-01 2024-06-30 05532545 frs-core:CurrentFinancialInstruments 2024-06-30 05532545 frs-core:Non-currentFinancialInstruments 2024-06-30 05532545 frs-core:ComputerEquipment 2024-06-30 05532545 frs-core:ComputerEquipment 2023-07-01 2024-06-30 05532545 frs-core:ComputerEquipment 2023-06-30 05532545 frs-core:FurnitureFittings 2024-06-30 05532545 frs-core:FurnitureFittings 2023-07-01 2024-06-30 05532545 frs-core:FurnitureFittings 2023-06-30 05532545 frs-core:NetGoodwill 2024-06-30 05532545 frs-core:NetGoodwill 2023-07-01 2024-06-30 05532545 frs-core:NetGoodwill 2023-06-30 05532545 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-07-01 2024-06-30 05532545 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-06-30 05532545 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 05532545 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-06-30 05532545 frs-core:MotorVehicles 2024-06-30 05532545 frs-core:MotorVehicles 2023-07-01 2024-06-30 05532545 frs-core:MotorVehicles 2023-06-30 05532545 frs-core:PlantMachinery 2024-06-30 05532545 frs-core:PlantMachinery 2023-07-01 2024-06-30 05532545 frs-core:PlantMachinery 2023-06-30 05532545 frs-core:ShareCapital 2024-06-30 05532545 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 05532545 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 05532545 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 05532545 frs-bus:SmallEntities 2023-07-01 2024-06-30 05532545 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 05532545 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 05532545 frs-core:UnlistedNon-exchangeTraded 2024-06-30 05532545 frs-core:UnlistedNon-exchangeTraded 2023-06-30 05532545 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-06-30 05532545 frs-core:AdditionsToInvestments frs-core:UnlistedNon-exchangeTraded 2024-06-30 05532545 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-06-30 05532545 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-06-30 05532545 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-06-30 05532545 frs-bus:Director1 2023-07-01 2024-06-30 05532545 frs-bus:Director2 2023-07-01 2024-06-30 05532545 frs-bus:CompanySecretary1 2023-07-01 2024-06-30 05532545 frs-countries:EnglandWales 2023-07-01 2024-06-30 05532545 2022-03-31 05532545 2023-06-30 05532545 2022-04-01 2023-06-30 05532545 frs-core:CurrentFinancialInstruments 2023-06-30 05532545 frs-core:Non-currentFinancialInstruments 2023-06-30 05532545 frs-core:WithinOneYear 2023-06-30 05532545 frs-core:ShareCapital 2023-06-30 05532545 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30
Registered number: 05532545
Brand Imaging Solutions Limited
Unaudited Financial Statements
For The Year Ended 30 June 2024
BWP Inspire Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 05532545
30 June 2024 30 June 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 941,193 977,210
Investments 6 1,017,059 227,059
1,958,252 1,204,269
CURRENT ASSETS
Debtors 7 206,848 43,534
Cash at bank and in hand - 41
206,848 43,575
Creditors: Amounts Falling Due Within One Year 8 (559,587 ) (414,242 )
NET CURRENT ASSETS (LIABILITIES) (352,739 ) (370,667 )
TOTAL ASSETS LESS CURRENT LIABILITIES 1,605,513 833,602
Creditors: Amounts Falling Due After More Than One Year 9 (910,415 ) (217,335 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (33,298 ) (41,250 )
NET ASSETS 661,800 575,017
CAPITAL AND RESERVES
Called up share capital 11 100 100
Profit and Loss Account 661,700 574,917
SHAREHOLDERS' FUNDS 661,800 575,017
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 Justin Jenkins
Director
28/03/2025
The notes on pages 3 to 6 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
Brand Imaging Solutions Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05532545 . The registered office is Charter Buildings, Ashton Lane, Sale, Greater Manchester, M33 6WT.
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. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is fully amortised to profit and loss account.
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:
Freehold No depreciation
Leasehold 15% reducing balance method
Plant & Machinery 15% reducing balance method
Motor Vehicles 25% reducing balance method
Fixtures & Fittings 15% reducing balance method
Computer Equipment 20% reducing balance method
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 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.
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2.6. 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 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.
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 assets reflect 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Intangible Assets
Goodwill
£
Cost
As at 1 July 2023 425,090
As at 30 June 2024 425,090
Amortisation
As at 1 July 2023 425,090
As at 30 June 2024 425,090
Net Book Value
As at 30 June 2024 -
As at 1 July 2023 -
5. Tangible Assets
Land & Property
Freehold Plant & Machinery Motor Vehicles Fixtures & Fittings
£ £ £ £
Cost
As at 1 July 2023 774,753 807,698 13,371 85,612
Disposals - - (10,371 ) -
As at 30 June 2024 774,753 807,698 3,000 85,612
...CONTINUED
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Page 5
Depreciation
As at 1 July 2023 11,838 649,179 11,698 73,531
Provided during the period 632 23,777 94 1,812
Disposals - - (9,073 ) -
As at 30 June 2024 12,470 672,956 2,719 75,343
Net Book Value
As at 30 June 2024 762,283 134,742 281 10,269
As at 1 July 2023 762,915 158,519 1,673 12,081
Computer Equipment Total
£ £
Cost
As at 1 July 2023 381,666 2,063,100
Disposals - (10,371 )
As at 30 June 2024 381,666 2,052,729
Depreciation
As at 1 July 2023 339,644 1,085,890
Provided during the period 8,404 34,719
Disposals - (9,073 )
As at 30 June 2024 348,048 1,111,536
Net Book Value
As at 30 June 2024 33,618 941,193
As at 1 July 2023 42,022 977,210
6. Investments
Unlisted
£
Cost
As at 1 July 2023 272,944
Additions 790,000
As at 30 June 2024 1,062,944
Provision
As at 1 July 2023 45,885
As at 30 June 2024 45,885
Net Book Value
As at 30 June 2024 1,017,059
As at 1 July 2023 227,059
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7. Debtors
30 June 2024 30 June 2023
£ £
Due within one year
Trade debtors - 6,230
Amounts owed by group undertakings 290 36,136
Other debtors 206,558 1,168
206,848 43,534
8. Creditors: Amounts Falling Due Within One Year
30 June 2024 30 June 2023
£ £
Net obligations under finance lease and hire purchase contracts - 2,597
Trade creditors 1,808 54
Bank loans and overdrafts 40,782 81,116
Amounts owed to group undertakings 344,476 -
Other creditors 89,819 218,850
Taxation and social security 82,702 111,625
559,587 414,242
9. Creditors: Amounts Falling Due After More Than One Year
30 June 2024 30 June 2023
£ £
Bank loans 168,415 205,335
Other creditors 742,000 12,000
910,415 217,335
10. Obligations Under Finance Leases and Hire Purchase
30 June 2024 30 June 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year - 2,597
11. Share Capital
30 June 2024 30 June 2023
£ £
Allotted, Called up and fully paid 100 100
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