Acorah Software Products - Accounts Production 16.1.300 false true 31 October 2023 1 November 2022 false 1 November 2023 31 October 2024 31 October 2024 05180177 Mr Nicholas Jervis Mrs Emma Jervis Mrs Emma Jervis iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05180177 2023-10-31 05180177 2024-10-31 05180177 2023-11-01 2024-10-31 05180177 frs-core:CurrentFinancialInstruments 2024-10-31 05180177 frs-core:Non-currentFinancialInstruments 2024-10-31 05180177 frs-core:ComputerEquipment 2023-11-01 2024-10-31 05180177 frs-core:FurnitureFittings 2023-11-01 2024-10-31 05180177 frs-core:PlantMachinery 2024-10-31 05180177 frs-core:PlantMachinery 2023-11-01 2024-10-31 05180177 frs-core:PlantMachinery 2023-10-31 05180177 frs-core:ShareCapital 2024-10-31 05180177 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31 05180177 frs-bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 05180177 frs-bus:FilletedAccounts 2023-11-01 2024-10-31 05180177 frs-bus:SmallEntities 2023-11-01 2024-10-31 05180177 frs-bus:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 05180177 frs-bus:SmallCompaniesRegimeForAccounts 2023-11-01 2024-10-31 05180177 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2023-10-31 05180177 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2024-10-31 05180177 frs-bus:Director1 2023-11-01 2024-10-31 05180177 frs-bus:Director2 2023-11-01 2024-10-31 05180177 frs-bus:CompanySecretary1 2023-11-01 2024-10-31 05180177 frs-countries:EnglandWales 2023-11-01 2024-10-31 05180177 2022-10-31 05180177 2023-10-31 05180177 2022-11-01 2023-10-31 05180177 frs-core:CurrentFinancialInstruments 2023-10-31 05180177 frs-core:Non-currentFinancialInstruments 2023-10-31 05180177 frs-core:ShareCapital 2023-10-31 05180177 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31 05180177 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2023-10-31
Registered number: 05180177
Samson Consulting Limited
Unaudited Financial Statements
For The Year Ended 31 October 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 05180177
2024 2023
as restated
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 4,078 6,769
4,078 6,769
CURRENT ASSETS
Debtors 5 10,506 19,788
Investments 6 63,534 52,495
Cash at bank and in hand 78,816 57,375
152,856 129,658
Creditors: Amounts Falling Due Within One Year 7 (110,129 ) (86,729 )
NET CURRENT ASSETS (LIABILITIES) 42,727 42,929
TOTAL ASSETS LESS CURRENT LIABILITIES 46,805 49,698
Creditors: Amounts Falling Due After More Than One Year 8 (25,463 ) (31,019 )
NET ASSETS 21,342 18,679
CAPITAL AND RESERVES
Called up share capital 9 101 101
Fair value reserve 10 13,534 2,495
Profit and Loss Account 7,707 16,083
SHAREHOLDERS' FUNDS 21,342 18,679
Page 1
Page 2
For the year ending 31 October 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 Nicholas Jervis
Director
04/04/2025
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
Samson Consulting Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05180177 . The registered office is Unit 4 Corum 2 Crown Way, Warmley, Bristol, BS30 8FJ.
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. 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% Straight Line
Computer Equipment 25% Straight Line
2.4. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet 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.
2.5. 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.
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3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Tangible Assets
Plant & Machinery etc.
£
Cost
As at 1 November 2023 23,984
Additions 1,174
As at 31 October 2024 25,158
Depreciation
As at 1 November 2023 17,217
Provided during the period 3,863
As at 31 October 2024 21,080
Net Book Value
As at 31 October 2024 4,078
As at 1 November 2023 6,767
5. Debtors
2024 2023
as restated
£ £
Due within one year
Trade debtors 10,469 19,688
Prepayments and accrued income 37 100
10,506 19,788
6. Current Asset Investments
2024 2023
as restated
£ £
Unlisted investments 63,534 52,495
7. Creditors: Amounts Falling Due Within One Year
2024 2023
as restated
£ £
Trade creditors 1,174 5,683
Bank loans and overdrafts 5,556 5,556
Corporation tax 72,427 50,693
Other taxes and social security 382 -
VAT 17,772 18,143
Other creditors 9,607 6,007
Directors' loan accounts 3,211 647
110,129 86,729
Page 4
Page 5
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
as restated
£ £
Bank loans 25,463 31,019
9. Share Capital
2024 2023
as restated
£ £
Allotted, Called up and fully paid 101 101
10. Reserves
Fair Value Reserve
£
As at 1 November 2023 2,495
Movements in fair value reserve 11,039
As at 31 October 2024 13,534
Page 5