Acorah Software Products - Accounts Production 16.0.110 false true 31 July 2023 1 August 2022 false 1 August 2023 31 July 2024 31 July 2024 10873180 Mrs Hayley Wayne iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10873180 2023-07-31 10873180 2024-07-31 10873180 2023-08-01 2024-07-31 10873180 frs-core:CurrentFinancialInstruments 2024-07-31 10873180 frs-core:ComputerEquipment 2024-07-31 10873180 frs-core:ComputerEquipment 2023-08-01 2024-07-31 10873180 frs-core:ComputerEquipment 2023-07-31 10873180 frs-core:FurnitureFittings 2024-07-31 10873180 frs-core:FurnitureFittings 2023-08-01 2024-07-31 10873180 frs-core:FurnitureFittings 2023-07-31 10873180 frs-core:ShareCapital 2024-07-31 10873180 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 10873180 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 10873180 frs-bus:FilletedAccounts 2023-08-01 2024-07-31 10873180 frs-bus:SmallEntities 2023-08-01 2024-07-31 10873180 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 10873180 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 10873180 frs-bus:Director1 2023-08-01 2024-07-31 10873180 frs-countries:EnglandWales 2023-08-01 2024-07-31 10873180 2022-07-31 10873180 2023-07-31 10873180 2022-08-01 2023-07-31 10873180 frs-core:CurrentFinancialInstruments 2023-07-31 10873180 frs-core:ShareCapital 2023-07-31 10873180 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31 10873180 frs-core:CurrentFinancialInstruments 1 2023-07-31
Registered number: 10873180
Research4All Ltd
Unaudited Financial Statements
For The Year Ended 31 July 2024
Xerxes Associates LLP
Warnford Court
29 Throgmorton Street
London
EC2N 2AT
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 10873180
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 2,446 2,295
2,446 2,295
CURRENT ASSETS
Debtors 5 2,968 2,579
Cash at bank and in hand 83,503 95,832
86,471 98,411
Creditors: Amounts Falling Due Within One Year 6 (16,661 ) (39,879 )
NET CURRENT ASSETS (LIABILITIES) 69,810 58,532
TOTAL ASSETS LESS CURRENT LIABILITIES 72,256 60,827
NET ASSETS 72,256 60,827
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account 72,156 60,727
SHAREHOLDERS' FUNDS 72,256 60,827
Page 1
Page 2
For the year ending 31 July 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
Mrs Hayley Wayne
Director
10/04/2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Research4All Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10873180 . The registered office is Warnford Court, 29 Throgmorton Street, London, EC2N 2AT.
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. 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 & Fittings 25% on cost
Computer Equipment 20% on reducing balance
2.3. 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 and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are 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. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 August 2023 949 5,248 6,197
Additions - 999 999
As at 31 July 2024 949 6,247 7,196
...CONTINUED
Page 3
Page 4
Depreciation
As at 1 August 2023 711 3,191 3,902
Provided during the period 237 611 848
As at 31 July 2024 948 3,802 4,750
Net Book Value
As at 31 July 2024 1 2,445 2,446
As at 1 August 2023 238 2,057 2,295
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 2,968 2,579
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Corporation tax 7,337 7,081
Other taxes and social security 524 -
Other payables - 38
Accruals 5,360 7,820
Director's loan account 3,440 24,940
16,661 39,879
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 4