Acorah Software Products - Accounts Production 16.2.850 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 07872462 Mr P Boswell Mr P Boswell true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07872462 2023-12-31 07872462 2024-12-31 07872462 2024-01-01 2024-12-31 07872462 frs-core:CurrentFinancialInstruments 2024-12-31 07872462 frs-core:Non-currentFinancialInstruments 2024-12-31 07872462 frs-core:BetweenOneFiveYears 2024-12-31 07872462 frs-core:ComputerEquipment 2024-01-01 2024-12-31 07872462 frs-core:FurnitureFittings 2024-01-01 2024-12-31 07872462 frs-core:PlantMachinery 2024-12-31 07872462 frs-core:PlantMachinery 2024-01-01 2024-12-31 07872462 frs-core:PlantMachinery 2023-12-31 07872462 frs-core:WithinOneYear 2024-12-31 07872462 frs-core:ShareCapital 2024-12-31 07872462 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 07872462 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 07872462 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 07872462 frs-bus:SmallEntities 2024-01-01 2024-12-31 07872462 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 07872462 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 07872462 1 2024-01-01 2024-12-31 07872462 frs-bus:Director1 2024-01-01 2024-12-31 07872462 frs-countries:EnglandWales 2024-01-01 2024-12-31 07872462 2022-12-31 07872462 2023-12-31 07872462 2023-01-01 2023-12-31 07872462 frs-core:CurrentFinancialInstruments 2023-12-31 07872462 frs-core:Non-currentFinancialInstruments 2023-12-31 07872462 frs-core:BetweenOneFiveYears 2023-12-31 07872462 frs-core:WithinOneYear 2023-12-31 07872462 frs-core:ShareCapital 2023-12-31 07872462 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 07872462
Bosy Contracts Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—4
Page 1
Statement of Financial Position
Registered number: 07872462
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 3 40,603 74,405
40,603 74,405
CURRENT ASSETS
Debtors 4 174,776 239,132
Cash at bank and in hand 73,540 909
248,316 240,041
Creditors: Amounts Falling Due Within One Year 5 (187,491 ) (154,216 )
NET CURRENT ASSETS (LIABILITIES) 60,825 85,825
TOTAL ASSETS LESS CURRENT LIABILITIES 101,428 160,230
Creditors: Amounts Falling Due After More Than One Year 6 (70,694 ) (89,445 )
NET ASSETS 30,734 70,785
CAPITAL AND RESERVES
Called up share capital 8 100 100
Income Statement 30,634 70,685
SHAREHOLDERS' FUNDS 30,734 70,785
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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 his 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
Mr P Boswell
Director
4 April 2025
The notes on pages 3 to 4 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. Accounting Policies
1.1. 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.
1.2. 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.
1.3. 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:
Plant & Machinery 25% on reducing balance
Fixtures & Fittings 15% on reducing balance
Computer Equipment 33% Straight Line
1.4. 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. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
3. Tangible Assets
Plant & Machinery etc.
£
Cost
As at 1 January 2024 131,683
Disposals (43,007 )
As at 31 December 2024 88,676
Depreciation
As at 1 January 2024 57,278
Provided during the period 17,617
Disposals (26,822 )
As at 31 December 2024 48,073
Net Book Value
As at 31 December 2024 40,603
As at 1 January 2024 74,405
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4. Debtors
2024 2023
£ £
Due within one year
Trade debtors 80,200 134,037
Other debtors 94,576 105,095
174,776 239,132
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 13,198 21,679
Trade creditors 65,741 37,114
Bank loans and overdrafts 5,318 29,751
Other creditors 80,082 50,836
Taxation and social security 23,152 14,836
187,491 154,216
6. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 45,920 59,118
Bank loans 24,774 30,327
70,694 89,445
7. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 13,198 21,679
Later than one year and not later than five years 45,920 59,118
59,118 80,797
59,118 80,797
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
9. Related Party Transactions
As at 31 December 2024 Bosy Contracts Limited owed £17,800 to P R B Contracts Limited (2023: £20,000), a company under the control of a common director. This loan is interest free and repayable on demand.
10. Ultimate Controlling Party
The company's ultimate controlling party is Mr P Boswell by virtue of his ownership of 100% of the issued share capital in the company.
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