Acorah Software Products - Accounts Production 16.3.350 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 07319305 Mr J R Ackland Mr J R Ackland Mrs E M Ackland J Ackland Ground Floor Unit 15 Omerville Court, Trinity Way, Adderbury, Oxon. OX17 3SN false iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07319305 2023-12-31 07319305 2024-12-31 07319305 2024-01-01 2024-12-31 07319305 frs-core:CurrentFinancialInstruments 2024-12-31 07319305 frs-core:FurnitureFittings 2024-12-31 07319305 frs-core:FurnitureFittings 2024-01-01 2024-12-31 07319305 frs-core:FurnitureFittings 2023-12-31 07319305 frs-core:MotorVehicles 2024-12-31 07319305 frs-core:MotorVehicles 2024-01-01 2024-12-31 07319305 frs-core:MotorVehicles 2023-12-31 07319305 frs-core:ShareCapital 2024-12-31 07319305 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 07319305 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 07319305 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 07319305 frs-bus:SmallEntities 2024-01-01 2024-12-31 07319305 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 07319305 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 07319305 1 2024-01-01 2024-12-31 07319305 frs-bus:Director1 2024-01-01 2024-12-31 07319305 frs-bus:CompanySecretary1 2024-01-01 2024-12-31 07319305 frs-bus:CompanySecretary2 2024-01-01 2024-12-31 07319305 frs-countries:EnglandWales 2024-01-01 2024-12-31 07319305 2022-12-31 07319305 2023-12-31 07319305 2023-01-01 2023-12-31 07319305 frs-core:CurrentFinancialInstruments 2023-12-31 07319305 frs-core:ShareCapital 2023-12-31 07319305 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 07319305
Epany Archives Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 07319305
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 60,910 52,753
60,910 52,753
CURRENT ASSETS
Debtors 5 209,270 158,362
Cash at bank and in hand 420,623 196,073
629,893 354,435
Creditors: Amounts Falling Due Within One Year 6 (310,440 ) (206,394 )
NET CURRENT ASSETS (LIABILITIES) 319,453 148,041
TOTAL ASSETS LESS CURRENT LIABILITIES 380,363 200,794
PROVISIONS FOR LIABILITIES
Deferred Taxation (11,573 ) (10,036 )
NET ASSETS 368,790 190,758
CAPITAL AND RESERVES
Called up share capital 7 20 20
Profit and Loss Account 368,770 190,738
SHAREHOLDERS' FUNDS 368,790 190,758
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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 Profit and Loss Account.
On behalf of the board
Mr J R Ackland
Director
17 April 2025
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Epany Archives Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07319305 . The registered office is Unit 15 Ground Floor, Somerville Court Trinity Way, Adderbury, Banbury, OX17 3SN.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 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:
Motor Vehicles 25% reducing balance
Fixtures & Fittings 25% reducing balance
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. 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 or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also 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 as follows: 9 (2023: 8)
9 8
4. Tangible Assets
Motor Vehicles Fixtures & Fittings Total
£ £ £
Cost
As at 1 January 2024 106,348 30,113 136,461
Additions 22,997 1,687 24,684
Disposals - (1,824 ) (1,824 )
As at 31 December 2024 129,345 29,976 159,321
Depreciation
As at 1 January 2024 64,287 19,421 83,708
Provided during the period 13,390 2,656 16,046
Disposals - (1,343 ) (1,343 )
As at 31 December 2024 77,677 20,734 98,411
Net Book Value
As at 31 December 2024 51,668 9,242 60,910
As at 1 January 2024 42,061 10,692 52,753
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 206,995 156,926
Prepayments and accrued income 1,595 449
Director's loan account - 307
Amounts owed by group undertakings 680 680
209,270 158,362
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 45,323 894
Corporation tax 98,084 82,228
Other taxes and social security 16,418 15,159
VAT 88,819 52,643
Other creditors 17,998 13,483
Accruals and deferred income 1,650 1,575
Director's loan account 1,736 -
Amounts owed to associates 40,412 40,412
310,440 206,394
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7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 20 20
8. Related Party Transactions
During the year the company entered into the the following transactions with related parties:
JEOC Holding Company - £260,000 (2023 - £520,000) dividends paid
9. Parent Undertaking and Controlling Party
The company's immediate and parent undertaking is JEOC Holding Company Limited . JEOC Holding Company Limited was incorporated in England and Wales. Copies of the group accounts may be obtained from the secretary, Ground Floor Unit 15 Omerville Court, Trinity Way, Adderbury, Oxon. OX17 3SN
The controlling party is J Ackland who controls 55% of the shares of JEOC Holding Company Limited.
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