Acorah Software Products - Accounts Production 16.2.850 false true 31 July 2023 1 August 2022 false 1 August 2023 31 July 2024 31 July 2024 08609605 Mr Edward Barrett Mr David Barrett iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08609605 2023-07-31 08609605 2024-07-31 08609605 2023-08-01 2024-07-31 08609605 frs-core:CurrentFinancialInstruments 2024-07-31 08609605 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-08-01 2024-07-31 08609605 frs-core:OtherResidualIntangibleAssets 2024-07-31 08609605 frs-core:OtherResidualIntangibleAssets 2023-08-01 2024-07-31 08609605 frs-core:OtherResidualIntangibleAssets 2023-07-31 08609605 frs-core:RevaluationReserve 2023-08-01 2024-07-31 08609605 frs-core:RevaluationReserve 2024-07-31 08609605 frs-core:ShareCapital 2024-07-31 08609605 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 08609605 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 08609605 frs-bus:FilletedAccounts 2023-08-01 2024-07-31 08609605 frs-bus:SmallEntities 2023-08-01 2024-07-31 08609605 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 08609605 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 08609605 frs-bus:Director1 2023-08-01 2024-07-31 08609605 frs-bus:Director2 2023-08-01 2024-07-31 08609605 frs-core:CurrentFinancialInstruments 8 2024-07-31 08609605 frs-core:CurrentFinancialInstruments 9 2024-07-31 08609605 frs-countries:EnglandWales 2023-08-01 2024-07-31 08609605 2022-07-31 08609605 2023-07-31 08609605 2022-08-01 2023-07-31 08609605 frs-core:CurrentFinancialInstruments 2023-07-31 08609605 frs-core:RevaluationReserve 2023-07-31 08609605 frs-core:ShareCapital 2023-07-31 08609605 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31 08609605 frs-core:CurrentFinancialInstruments 8 2023-07-31 08609605 frs-core:CurrentFinancialInstruments 9 2023-07-31
Registered number: 08609605
Conquer Marketing Limited
Unaudited Financial Statements
For The Year Ended 31 July 2024
Ecommerce Accountants LLP
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 08609605
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 94,944 54,584
94,944 54,584
CURRENT ASSETS
Stocks 5 192,443 263,198
Debtors 6 34,834 18,935
Cash at bank and in hand 220,997 199,077
448,274 481,210
Creditors: Amounts Falling Due Within One Year 7 (103,874 ) (225,378 )
NET CURRENT ASSETS (LIABILITIES) 344,400 255,832
TOTAL ASSETS LESS CURRENT LIABILITIES 439,344 310,416
NET ASSETS 439,344 310,416
CAPITAL AND RESERVES
Called up share capital 8 100 100
Revaluation reserve 9 39,655 -
Profit and Loss Account 399,589 310,316
SHAREHOLDERS' FUNDS 439,344 310,416
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 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 Edward Barrett
Director
26/02/2025
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
Conquer Marketing Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08609605 . The registered office is 128 City Road, London, EC1V 2NX.
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 - Other Intangible
Other intangible assets are cryptocurrency, they have not been amortised, this is necessary for the overriding purpose of providing a true and fair view.
Cryptocurrency has indefinite useful life and is carried at the revalued amount as at 31 July 2024 in the financial statements. There was an active market available for the valuation of the cryptocurrency. 
Due to complexity involved in splitting the additions and disposals into seperate line items, they have instead been accumalated and have been presented as net additions within the accounts.
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.5. 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.
2.6. 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.
...CONTINUED
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2.6. Taxation - continued
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. Intangible Assets
Other
£
Cost or Valuation
As at 1 August 2023 55,289
Revaluations 39,655
As at 31 July 2024 94,944
Amortisation
As at 1 August 2023 705
Reversal of past impairments (705 )
As at 31 July 2024 -
Net Book Value
As at 31 July 2024 94,944
As at 1 August 2023 54,584
5. Stocks
2024 2023
£ £
Finished goods 192,443 263,198
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 941 -
Stripe Holding Account 4,957 -
Gloriously Vegan Loan Account (Debtors < 1 year) 28,935 18,935
Other taxes and social security 1 -
34,834 18,935
Page 4
Page 5
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 9,765 75,762
Corporation tax 29,567 35,896
Other taxes and social security - 476
Net wages - 2,000
Other creditors 26,497 33,124
Accruals and deferred income 1,901 3,600
Directors' loan accounts 36,144 74,520
103,874 225,378
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
9. Reserves
Revaluation Reserve
£
Surplus on revaluation 39,655
As at 31 July 2024 39,655
Page 5