Acorah Software Products - Accounts Production 16.3.350 false true true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 06051300 Mr Ashley Hollinworth Mr Michael Robinson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06051300 2023-12-31 06051300 2024-12-31 06051300 2024-01-01 2024-12-31 06051300 frs-core:Non-currentFinancialInstruments 2024-12-31 06051300 frs-core:ComputerEquipment 2024-01-01 2024-12-31 06051300 frs-core:FurnitureFittings 2024-01-01 2024-12-31 06051300 frs-core:ShareCapital 2024-12-31 06051300 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 06051300 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 06051300 frs-bus:AbridgedAccounts 2024-01-01 2024-12-31 06051300 frs-bus:SmallEntities 2024-01-01 2024-12-31 06051300 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 06051300 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 06051300 frs-bus:Director1 2024-01-01 2024-12-31 06051300 frs-bus:Director2 2024-01-01 2024-12-31 06051300 frs-bus:Director2 2023-12-31 06051300 frs-bus:Director2 2024-12-31 06051300 frs-countries:EnglandWales 2024-01-01 2024-12-31 06051300 2022-12-31 06051300 2023-12-31 06051300 2023-01-01 2023-12-31 06051300 frs-core:Non-currentFinancialInstruments 2023-12-31 06051300 frs-core:ShareCapital 2023-12-31 06051300 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 06051300
Our Agency In The North Limited
Unaudited ABRIDGED Financial Statements
For The Year Ended 31 December 2024
Partner Accountancy Limited
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—4
Page 1
Abridged Balance Sheet
Registered number: 06051300
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 3,000 2,306
3,000 2,306
CURRENT ASSETS
Stocks 6,984 5,652
Debtors 23,002 16,329
Cash at bank and in hand 98 129
30,084 22,110
Creditors: Amounts Falling Due Within One Year (55,099 ) (61,727 )
NET CURRENT ASSETS (LIABILITIES) (25,015 ) (39,617 )
TOTAL ASSETS LESS CURRENT LIABILITIES (22,015 ) (37,311 )
Creditors: Amounts Falling Due After More Than One Year (17,839 ) (18,958 )
NET LIABILITIES (39,854 ) (56,269 )
CAPITAL AND RESERVES
Called up share capital 5 1,000 1,000
Profit and Loss Account (40,854 ) (57,269 )
SHAREHOLDERS' FUNDS (39,854) (56,269)
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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 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.
All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 31 December 2024 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr Ashley Hollinworth
Director
Mr Michael Robinson
Director
30 April 2025
The notes on pages 3 to 4 form part of these financial statements.
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Page 3
Notes to the Abridged Financial Statements
1. General Information
Our Agency In The North Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06051300 . The registered office is The Junction Office 43, Charles Street, Horbury, WF4 5FH.
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 accounts have been prepared on a going concern basis, despite the fact that gross liabilities of the company exceed its assets at the balance sheet date.  In arriving at this conclusion the company is reliant upon the continued support of the company's bankers and directors.
While the company remains subject to the same economic uncertainties confronting all businesses, the directors continually take steps to identify, manage and mitigate business risk.  The results for the current financial year are showing substantial improvement and as such the basis of preparation is considered to be satisfactory.
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. 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 10% on straight line
Computer Equipment 20% on straight line
2.5. 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.
2.6. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2023: 3)
4 3
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4. Tangible Assets
Total
£
Cost
As at 1 January 2024 74,725
Additions 2,923
As at 31 December 2024 77,648
Depreciation
As at 1 January 2024 72,419
Provided during the period 2,229
As at 31 December 2024 74,648
Net Book Value
As at 31 December 2024 3,000
As at 1 January 2024 2,306
5. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1,000 1,000
6. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 January 2024 Amounts advanced Amounts repaid Amounts written off As at 31 December 2024
£ £ £ £ £
Mr Michael Robinson 39 654 - - 693
The above loan is unsecured, interest free and repayable on demand.
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