Acorah Software Products - Accounts Production 16.2.800 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 09817032 Ms C Daniell iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09817032 2023-12-31 09817032 2024-12-31 09817032 2024-01-01 2024-12-31 09817032 frs-core:CurrentFinancialInstruments 2024-12-31 09817032 frs-core:ComputerEquipment 2024-12-31 09817032 frs-core:ComputerEquipment 2024-01-01 2024-12-31 09817032 frs-core:ComputerEquipment 2023-12-31 09817032 frs-core:FurnitureFittings 2024-12-31 09817032 frs-core:FurnitureFittings 2024-01-01 2024-12-31 09817032 frs-core:FurnitureFittings 2023-12-31 09817032 frs-core:NetGoodwill 2024-12-31 09817032 frs-core:NetGoodwill 2024-01-01 2024-12-31 09817032 frs-core:NetGoodwill 2023-12-31 09817032 frs-core:MotorVehicles 2024-12-31 09817032 frs-core:MotorVehicles 2024-01-01 2024-12-31 09817032 frs-core:MotorVehicles 2023-12-31 09817032 frs-core:PlantMachinery 2024-12-31 09817032 frs-core:PlantMachinery 2024-01-01 2024-12-31 09817032 frs-core:PlantMachinery 2023-12-31 09817032 frs-core:ShareCapital 2024-12-31 09817032 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 09817032 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 09817032 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 09817032 frs-bus:SmallEntities 2024-01-01 2024-12-31 09817032 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 09817032 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 09817032 frs-bus:Director1 2024-01-01 2024-12-31 09817032 frs-bus:Director1 2023-12-31 09817032 frs-bus:Director1 2024-12-31 09817032 frs-countries:EnglandWales 2024-01-01 2024-12-31 09817032 2022-12-31 09817032 2023-12-31 09817032 2023-01-01 2023-12-31 09817032 frs-core:CurrentFinancialInstruments 2023-12-31 09817032 frs-core:ShareCapital 2023-12-31 09817032 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 09817032
Bruce and Brown Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
Kalculus
Chartered Accountants, Registered Auditors & Business Advisors
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 09817032
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 533,000 546,000
Tangible Assets 5 38,647 51,635
571,647 597,635
CURRENT ASSETS
Debtors 6 192,424 133,079
Cash at bank and in hand 525,408 548,785
717,832 681,864
Creditors: Amounts Falling Due Within One Year 7 (256,680 ) (184,060 )
NET CURRENT ASSETS (LIABILITIES) 461,152 497,804
TOTAL ASSETS LESS CURRENT LIABILITIES 1,032,799 1,095,439
NET ASSETS 1,032,799 1,095,439
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 1,032,699 1,095,339
SHAREHOLDERS' FUNDS 1,032,799 1,095,439
Page 1
Page 2
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 member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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
Ms C Daniell
Director
25 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
Bruce and Brown Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09817032 . The registered office is First Floor, 314 Regents Park Road, Finchley, London, N3 2LT.
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
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 amortised to profit and loss account over its estimated economic life of 50 years.
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:
Plant & Machinery - 25% on reducing balance
Motor Vehicles - 25% on reducing balance
Fixtures & Fittings - 25% on reducing balance
Computer Equipment - 33.33% on reducing balance
3. Average Number of Employees
Average number of employees, including directors, during the year was: 8 (2023: 9)
8 9
4. Intangible Assets
Goodwill
£
Cost
As at 1 January 2024 650,000
As at 31 December 2024 650,000
...CONTINUED
Page 3
Page 4
Amortisation
As at 1 January 2024 104,000
Provided during the period 13,000
As at 31 December 2024 117,000
Net Book Value
As at 31 December 2024 533,000
As at 1 January 2024 546,000
5. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 January 2024 5,947 52,824 19,729 3,228 81,728
As at 31 December 2024 5,947 52,824 19,729 3,228 81,728
Depreciation
As at 1 January 2024 3,438 13,206 11,178 2,271 30,093
Provided during the period 627 9,904 2,138 319 12,988
As at 31 December 2024 4,065 23,110 13,316 2,590 43,081
Net Book Value
As at 31 December 2024 1,882 29,714 6,413 638 38,647
As at 1 January 2024 2,509 39,618 8,551 957 51,635
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 166,307 133,079
Director's loan account 26,117 -
192,424 133,079
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Page 5
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Corporation tax 71,081 58,365
Other taxes and social security 10,492 6,788
VAT 19,333 16,409
Other creditors 149,674 94,235
Accruals and deferred income 6,100 5,800
Director's loan account - 2,463
256,680 184,060
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
9. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 January 2024 Amounts advanced Amounts repaid Amounts written off As at 31 December 2024
£ £ £ £ £
Ms C Daniell - 26,117 - - 26,117
Overdrawn director's loan was repaid on 7 April 2025.
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