Acorah Software Products - Accounts Production 16.3.350 false true 31 July 2023 1 August 2022 false 1 August 2023 31 July 2024 31 July 2024 08081085 Professor George Berwick Lady Maria Berwick iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08081085 2023-07-31 08081085 2024-07-31 08081085 2023-08-01 2024-07-31 08081085 frs-core:CurrentFinancialInstruments 2024-07-31 08081085 frs-core:Non-currentFinancialInstruments 2024-07-31 08081085 frs-core:ComputerEquipment 2024-07-31 08081085 frs-core:ComputerEquipment 2023-08-01 2024-07-31 08081085 frs-core:ComputerEquipment 2023-07-31 08081085 frs-core:CopyrightsPatentsTrademarksServiceOperatingRights 2024-07-31 08081085 frs-core:CopyrightsPatentsTrademarksServiceOperatingRights 2023-08-01 2024-07-31 08081085 frs-core:CopyrightsPatentsTrademarksServiceOperatingRights 2023-07-31 08081085 frs-core:PlantMachinery 2024-07-31 08081085 frs-core:PlantMachinery 2023-08-01 2024-07-31 08081085 frs-core:PlantMachinery 2023-07-31 08081085 frs-core:ShareCapital 2024-07-31 08081085 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 08081085 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 08081085 frs-bus:FilletedAccounts 2023-08-01 2024-07-31 08081085 frs-bus:SmallEntities 2023-08-01 2024-07-31 08081085 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 08081085 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 08081085 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2023-07-31 08081085 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2024-07-31 08081085 frs-bus:Director1 2023-08-01 2024-07-31 08081085 frs-bus:Director2 2023-08-01 2024-07-31 08081085 frs-countries:EnglandWales 2023-08-01 2024-07-31 08081085 2022-07-31 08081085 2023-07-31 08081085 2022-08-01 2023-07-31 08081085 frs-core:CurrentFinancialInstruments 2023-07-31 08081085 frs-core:Non-currentFinancialInstruments 2023-07-31 08081085 frs-core:ShareCapital 2023-07-31 08081085 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31 08081085 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2023-07-31
Registered number: 08081085
George Berwick Associates Limited
Unaudited Financial Statements
For The Year Ended 31 July 2024
Clouders (Audit & Accounts) Ltd
Charter House, 103-105 Leigh Road
Leigh-On-Sea
SS9 1JL
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 08081085
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 10,500 10,500
Tangible Assets 5 2,728 3,638
Investment Properties 6 600,000 600,000
613,228 614,138
CURRENT ASSETS
Cash at bank and in hand 35,438 37,261
35,438 37,261
Creditors: Amounts Falling Due Within One Year 8 (18,782 ) (15,788 )
NET CURRENT ASSETS (LIABILITIES) 16,656 21,473
TOTAL ASSETS LESS CURRENT LIABILITIES 629,884 635,611
Creditors: Amounts Falling Due After More Than One Year 9 (139,845 ) (139,845 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (70,138 ) (70,138 )
NET ASSETS 419,901 425,628
CAPITAL AND RESERVES
Called up share capital 10 100 100
Fair value reserve 11 210,413 210,413
Profit and Loss Account 209,388 215,115
SHAREHOLDERS' FUNDS 419,901 425,628
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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
Professor George Berwick
Director
23/04/2025
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
George Berwick Associates Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08081085 . The registered office is Charter House, 103 - 105 Leigh Road, Leigh-on-Sea, Essex, SS9 1JL.
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 - Intellectual Property
Intangible assets are initially measure at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.
Patents and licences were amortised evenly over their estimated useful life.
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:
Plant & Machinery 25% Reducing balance
Computer Equipment 25% Reducing balance
2.5. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
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4. Intangible Assets
Intellectual Property
£
Cost
As at 1 August 2023 10,500
As at 31 July 2024 10,500
Net Book Value
As at 31 July 2024 10,500
As at 1 August 2023 10,500
5. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 1 August 2023 458 8,670 9,128
As at 31 July 2024 458 8,670 9,128
Depreciation
As at 1 August 2023 373 5,117 5,490
Provided during the period 22 888 910
As at 31 July 2024 395 6,005 6,400
Net Book Value
As at 31 July 2024 63 2,665 2,728
As at 1 August 2023 85 3,553 3,638
6. Investment Property
2024
£
Fair Value
As at 1 August 2023 and 31 July 2024 600,000
If investment property had been accounted for under historical cost accounting rules, the amounts would be:
2024 2023
£ £
Cost 319,450 319,450
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7. Debtors
2024 2023
£ £
Due within one year
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors - 1,676
Bank loans and overdrafts 7 10
Other taxes and social security 261 70
Pension scheme 81 81
Accrued expenses 1,750 1,651
Directors' loan accounts 16,683 12,300
18,782 15,788
9. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Other loans 139,845 139,845
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
11. Reserves
Fair Value Reserve
£
As at 1 August 2023 210,413
As at 31 July 2024 210,413
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