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 12557002 Mr Martin Daley Mr Michael Ward iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12557002 2023-04-30 12557002 2024-04-30 12557002 2023-05-01 2024-04-30 12557002 frs-core:CurrentFinancialInstruments 2024-04-30 12557002 frs-core:Non-currentFinancialInstruments 2024-04-30 12557002 frs-core:BetweenOneFiveYears 2024-04-30 12557002 frs-core:ComputerEquipment 2024-04-30 12557002 frs-core:ComputerEquipment 2023-05-01 2024-04-30 12557002 frs-core:ComputerEquipment 2023-04-30 12557002 frs-core:FurnitureFittings 2024-04-30 12557002 frs-core:FurnitureFittings 2023-05-01 2024-04-30 12557002 frs-core:FurnitureFittings 2023-04-30 12557002 frs-core:MotorVehicles 2024-04-30 12557002 frs-core:MotorVehicles 2023-05-01 2024-04-30 12557002 frs-core:MotorVehicles 2023-04-30 12557002 frs-core:PlantMachinery 2024-04-30 12557002 frs-core:PlantMachinery 2023-05-01 2024-04-30 12557002 frs-core:PlantMachinery 2023-04-30 12557002 frs-core:WithinOneYear 2024-04-30 12557002 frs-core:ShareCapital 2024-04-30 12557002 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 12557002 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 12557002 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 12557002 frs-bus:SmallEntities 2023-05-01 2024-04-30 12557002 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 12557002 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 12557002 frs-bus:Director1 2023-05-01 2024-04-30 12557002 frs-bus:Director2 2023-05-01 2024-04-30 12557002 frs-countries:EnglandWales 2023-05-01 2024-04-30 12557002 2022-04-30 12557002 2023-04-30 12557002 2022-05-01 2023-04-30 12557002 frs-core:CurrentFinancialInstruments 2023-04-30 12557002 frs-core:Non-currentFinancialInstruments 2023-04-30 12557002 frs-core:BetweenOneFiveYears 2023-04-30 12557002 frs-core:WithinOneYear 2023-04-30 12557002 frs-core:ShareCapital 2023-04-30 12557002 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30
Registered number: 12557002
Accessrite Limited
Financial Statements
For The Year Ended 30 April 2024
Leathley & Co - Whaley Bridge Office
1 Market Street
Whaley Bridge
High Peak
Derbyshire
SK23 7AA
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 12557002
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 38,929 31,180
38,929 31,180
CURRENT ASSETS
Debtors 5 264,875 318,999
Cash at bank and in hand 374,031 117,096
638,906 436,095
Creditors: Amounts Falling Due Within One Year 6 (378,687 ) (225,147 )
NET CURRENT ASSETS (LIABILITIES) 260,219 210,948
TOTAL ASSETS LESS CURRENT LIABILITIES 299,148 242,128
Creditors: Amounts Falling Due After More Than One Year 7 (9,498 ) (15,278 )
NET ASSETS 289,650 226,850
CAPITAL AND RESERVES
Called up share capital 9 - 100
Profit and Loss Account 289,650 226,750
SHAREHOLDERS' FUNDS 289,650 226,850
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 Martin Daley
Director
28/03/2025
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
Accessrite Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12557002 . The registered office is The Bungalow, Kettleshulme, High Peak, SK23 7EJ.
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.
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 20% Straight Line
Motor Vehicles 25% Reducing Balance
Fixtures & Fittings 15% Reducing Balance
Computer Equipment 25% Straight Line
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
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 and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are 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: 3 (2023: )
3 -
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 May 2023 8,560 28,975 - 3,764 41,299
Additions 17,274 - 364 2,137 19,775
As at 30 April 2024 25,834 28,975 364 5,901 61,074
Depreciation
As at 1 May 2023 3,482 6,089 - 548 10,119
Provided during the period 5,167 5,722 55 1,082 12,026
As at 30 April 2024 8,649 11,811 55 1,630 22,145
Net Book Value
As at 30 April 2024 17,185 17,164 309 4,271 38,929
As at 1 May 2023 5,078 22,886 - 3,216 31,180
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 162,963 255,278
Other debtors 101,912 63,721
264,875 318,999
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 5,779 4,688
Trade creditors 104,668 130,236
Other creditors 86,588 8,189
Taxation and social security 181,652 82,034
378,687 225,147
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 9,498 15,278
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Page 5
8. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 5,779 4,688
Later than one year and not later than five years 9,498 15,278
15,277 19,966
15,277 19,966
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid - 100
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