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 07718365 Mr Mark Chaston Mr Joaquin Villar iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07718365 2023-07-31 07718365 2024-07-31 07718365 2023-08-01 2024-07-31 07718365 frs-core:CurrentFinancialInstruments 2024-07-31 07718365 frs-core:Non-currentFinancialInstruments 2024-07-31 07718365 frs-core:ComputerEquipment 2024-07-31 07718365 frs-core:ComputerEquipment 2023-08-01 2024-07-31 07718365 frs-core:ComputerEquipment 2023-07-31 07718365 frs-core:PlantMachinery 2024-07-31 07718365 frs-core:PlantMachinery 2023-08-01 2024-07-31 07718365 frs-core:PlantMachinery 2023-07-31 07718365 frs-core:ShareCapital 2024-07-31 07718365 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 07718365 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 07718365 frs-bus:FilletedAccounts 2023-08-01 2024-07-31 07718365 frs-bus:SmallEntities 2023-08-01 2024-07-31 07718365 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 07718365 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 07718365 frs-bus:Director1 2023-08-01 2024-07-31 07718365 frs-bus:Director2 2023-08-01 2024-07-31 07718365 frs-core:CurrentFinancialInstruments 1 2024-07-31 07718365 frs-countries:EnglandWales 2023-08-01 2024-07-31 07718365 2022-07-31 07718365 2023-07-31 07718365 2022-08-01 2023-07-31 07718365 frs-core:CurrentFinancialInstruments 2023-07-31 07718365 frs-core:Non-currentFinancialInstruments 2023-07-31 07718365 frs-core:ShareCapital 2023-07-31 07718365 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31 07718365 frs-core:CurrentFinancialInstruments 1 2023-07-31
Registered number: 07718365
Samuel Gordon Insurance Brokers Limited
Unaudited Financial Statements
For The Year Ended 31 July 2024
Bradleys Accountants Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 07718365
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 36 49
36 49
CURRENT ASSETS
Debtors 5 20,404 24,477
Cash at bank and in hand 3,462 3,462
23,866 27,939
Creditors: Amounts Falling Due Within One Year 6 (10,130 ) (9,635 )
NET CURRENT ASSETS (LIABILITIES) 13,736 18,304
TOTAL ASSETS LESS CURRENT LIABILITIES 13,772 18,353
Creditors: Amounts Falling Due After More Than One Year 7 (13,183 ) (20,196 )
NET ASSETS/(LIABILITIES) 589 (1,843 )
CAPITAL AND RESERVES
Called up share capital 8 5,000 5,000
Profit and Loss Account (4,411 ) (6,843 )
SHAREHOLDERS' FUNDS 589 (1,843)
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 Mark Chaston
Director
25/03/2025
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
Samuel Gordon Insurance Brokers Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07718365 . The registered office is Downe House, 303 High Street, Orpington, BR6 0NJ.
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:
Plant & Machinery 25% Reducing Balance
Computer Equipment 25% Reducing Balance
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2023: 3)
3 3
4. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 1 August 2023 240 1,790 2,030
As at 31 July 2024 240 1,790 2,030
Depreciation
As at 1 August 2023 230 1,751 1,981
Provided during the period 3 10 13
As at 31 July 2024 233 1,761 1,994
Net Book Value
As at 31 July 2024 7 29 36
As at 1 August 2023 10 39 49
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5. Debtors
2024 2023
£ £
Due within one year
Prepayments and accrued income 12,217 16,290
Other debtors 3,627 3,627
Amounts owed by other participating interests 4,560 4,560
20,404 24,477
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors (1 ) -
Bank loans and overdrafts 1,959 2,107
Other taxes and social security 482 523
Other creditors 865 865
Pensions Payable (Current liabilities - creditors < 1 year) 179 50
Accruals and deferred income 6,646 6,090
10,130 9,635
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 13,183 20,196
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 5,000 5,000
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