Acorah Software Products - Accounts Production 16.2.850 false true 30 April 2023 1 May 2022 false 1 May 2023 30 April 2024 30 April 2024 10728129 Mr T Hovell Mr T Brookes iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10728129 2023-04-30 10728129 2024-04-30 10728129 2023-05-01 2024-04-30 10728129 frs-core:CurrentFinancialInstruments 2024-04-30 10728129 frs-core:Non-currentFinancialInstruments 2024-04-30 10728129 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-05-01 2024-04-30 10728129 frs-core:FurnitureFittings 2024-04-30 10728129 frs-core:FurnitureFittings 2023-05-01 2024-04-30 10728129 frs-core:FurnitureFittings 2023-04-30 10728129 frs-core:NetGoodwill 2024-04-30 10728129 frs-core:NetGoodwill 2023-05-01 2024-04-30 10728129 frs-core:NetGoodwill 2023-04-30 10728129 frs-core:MotorVehicles 2024-04-30 10728129 frs-core:MotorVehicles 2023-05-01 2024-04-30 10728129 frs-core:MotorVehicles 2023-04-30 10728129 frs-core:ShareCapital 2024-04-30 10728129 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 10728129 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 10728129 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 10728129 frs-bus:SmallEntities 2023-05-01 2024-04-30 10728129 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 10728129 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 10728129 frs-bus:Director1 2023-05-01 2024-04-30 10728129 frs-bus:Director2 2023-05-01 2024-04-30 10728129 frs-countries:EnglandWales 2023-05-01 2024-04-30 10728129 2022-04-30 10728129 2023-04-30 10728129 2022-05-01 2023-04-30 10728129 frs-core:CurrentFinancialInstruments 2023-04-30 10728129 frs-core:Non-currentFinancialInstruments 2023-04-30 10728129 frs-core:ShareCapital 2023-04-30 10728129 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30
Registered number: 10728129
Calladine Ventures Limited
Financial Statements
For The Year Ended 30 April 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 10728129
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 7,290 12,150
Tangible Assets 5 6,227 8,548
13,517 20,698
CURRENT ASSETS
Cash at bank and in hand 2,722 3,035
2,722 3,035
Creditors: Amounts Falling Due Within One Year 6 (8,759 ) (18,795 )
NET CURRENT ASSETS (LIABILITIES) (6,037 ) (15,760 )
TOTAL ASSETS LESS CURRENT LIABILITIES 7,480 4,938
Creditors: Amounts Falling Due After More Than One Year 7 (14,120 ) (16,898 )
NET LIABILITIES (6,640 ) (11,960 )
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account (6,740 ) (12,060 )
SHAREHOLDERS' FUNDS (6,640) (11,960)
Page 1
Page 2
For the year ending 30 April 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 T Hovell
Director
21 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
Calladine Ventures Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10728129 . The registered office is Suite 5, The Willows, Ransom Wood Business Park, Southwell Road West, Rainworth, Mansfield, Nottinghamshire, NG21 0HJ.
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 a licence. It is amortised to profit and loss account over its estimated economic life of five years.
2.4. 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 33% straight line
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. 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. The carrying amount of deferred tax assets is reviewed at the end of each reporting period.
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
Page 3
Page 4
4. Intangible Assets
Goodwill
£
Cost
As at 1 May 2023 24,300
As at 30 April 2024 24,300
Amortisation
As at 1 May 2023 12,150
Provided during the period 4,860
As at 30 April 2024 17,010
Net Book Value
As at 30 April 2024 7,290
As at 1 May 2023 12,150
5. Tangible Assets
Motor Vehicles Fixtures & Fittings Total
£ £ £
Cost
As at 1 May 2023 18,450 1,800 20,250
As at 30 April 2024 18,450 1,800 20,250
Depreciation
As at 1 May 2023 10,148 1,554 11,702
Provided during the period 2,075 246 2,321
As at 30 April 2024 12,223 1,800 14,023
Net Book Value
As at 30 April 2024 6,227 - 6,227
As at 1 May 2023 8,302 246 8,548
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Bank loans and overdrafts 2,778 2,778
Other creditors 5,222 16,017
Taxation and social security 759 -
8,759 18,795
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 14,120 16,898
Page 4
Page 5
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 5