Acorah Software Products - Accounts Production 16.2.850 false true true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 13721428 Mr Jeffery Hunt Mr Stephen Hunt iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13721428 2023-12-31 13721428 2024-12-31 13721428 2024-01-01 2024-12-31 13721428 frs-core:CurrentFinancialInstruments 2024-12-31 13721428 frs-core:ComputerEquipment 2024-12-31 13721428 frs-core:ComputerEquipment 2024-01-01 2024-12-31 13721428 frs-core:ComputerEquipment 2023-12-31 13721428 frs-core:CopyrightsPatentsTrademarksServiceOperatingRights 2024-12-31 13721428 frs-core:CopyrightsPatentsTrademarksServiceOperatingRights 2024-01-01 2024-12-31 13721428 frs-core:CopyrightsPatentsTrademarksServiceOperatingRights 2023-12-31 13721428 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-12-31 13721428 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-01-01 2024-12-31 13721428 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-12-31 13721428 frs-core:FurnitureFittings 2024-12-31 13721428 frs-core:FurnitureFittings 2024-01-01 2024-12-31 13721428 frs-core:FurnitureFittings 2023-12-31 13721428 frs-core:SharePremium 2024-12-31 13721428 frs-core:ShareCapital 2024-12-31 13721428 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 13721428 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 13721428 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 13721428 frs-bus:SmallEntities 2024-01-01 2024-12-31 13721428 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 13721428 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 13721428 frs-bus:Director1 2024-01-01 2024-12-31 13721428 frs-bus:Director2 2024-01-01 2024-12-31 13721428 frs-countries:EnglandWales 2024-01-01 2024-12-31 13721428 2022-12-31 13721428 2023-12-31 13721428 2023-01-01 2023-12-31 13721428 frs-core:CurrentFinancialInstruments 2023-12-31 13721428 frs-core:SharePremium 2023-12-31 13721428 frs-core:ShareCapital 2023-12-31 13721428 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 13721428
Every Run Counts Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2024
E. H. Taylors
203 London Road
Hadleigh
Benfleet
Essex
SS7 2RD
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 13721428
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 21,000 28,000
Tangible Assets 5 1,477 1,970
22,477 29,970
CURRENT ASSETS
Stocks 6 420 6,960
Debtors 7 21,084 63,617
Cash at bank and in hand 68,620 229,226
90,124 299,803
Creditors: Amounts Falling Due Within One Year 8 (4,688 ) (10,904 )
NET CURRENT ASSETS (LIABILITIES) 85,436 288,899
TOTAL ASSETS LESS CURRENT LIABILITIES 107,913 318,869
NET ASSETS 107,913 318,869
CAPITAL AND RESERVES
Called up share capital 9 12,400 12,400
Share premium account 1,215,196 1,215,196
Profit and Loss Account (1,119,683 ) (908,727 )
SHAREHOLDERS' FUNDS 107,913 318,869
Page 1
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 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 Stephen Hunt
Director
18th April 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
Every Run Counts Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13721428 . The registered office is 203 London Road, Hadleigh, Benfleet , Essex, SS7 2RD.
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. Going Concern Disclosure
The company had net liabilities at the year-end. However, through the continued support of the shareholders, the going concern basis remains appropriate.
2.3. 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.
2.4. Research and Development
In the research phase of an internal project it is not possible to demonstrate that the project will generate future economic benefits and hence all expenditure on research is recognised as an expense when it is incurred. Intangible assets are recognised from the development phase of a project if and only if certain specific criteria are met in order to demonstrate the asset will generate probable future economic benefits and that its cost can be reliably measured. The capitalised development costs are subsequently amortised to £nil on a straight line basis over their expected useful economic lives, currently 5 years.
If it is not possible to distinguish between the research phase and the development phase of an internal project the expenditure is treated as if it were all incurred in the research phase only.
2.5. Intangible Fixed Assets and Amortisation - Intellectual Property
Intellectual property assets are comprised of Trademarks. They are amortised to the profit and loss account over their estimated economic life of 10 years.
2.6. 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%
Computer Equipment 25%
2.7. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 14 (2023: 18)
14 18
Page 3
Page 4
4. Intangible Assets
Development Costs Intellectual Property Total
£ £ £
Cost
As at 1 January 2024 35,000 1,635 36,635
As at 31 December 2024 35,000 1,635 36,635
Amortisation
As at 1 January 2024 7,000 1,635 8,635
Provided during the period 7,000 - 7,000
As at 31 December 2024 14,000 1,635 15,635
Net Book Value
As at 31 December 2024 21,000 - 21,000
As at 1 January 2024 28,000 - 28,000
5. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 January 2024 99 2,527 2,626
As at 31 December 2024 99 2,527 2,626
Depreciation
As at 1 January 2024 25 631 656
Provided during the period 19 474 493
As at 31 December 2024 44 1,105 1,149
Net Book Value
As at 31 December 2024 55 1,422 1,477
As at 1 January 2024 74 1,896 1,970
6. Stocks
2024 2023
£ £
Stock 420 6,960
7. Debtors
2024 2023
£ £
Due within one year
Prepayments and accrued income 16,425 62,315
VAT 134 1,302
Other taxes and social security 4,525 -
21,084 63,617
Page 4
Page 5
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other taxes and social security - 3,814
Other creditors 2,395 3,798
Accruals and deferred income 2,293 3,292
4,688 10,904
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 12,400 12,400
Page 5