Acorah Software Products - Accounts Production 16.3.350 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 02297083 Mr Edward Griffiths Mrs Alison Griffiths Mrs Alison Griffiths iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 02297083 2023-12-31 02297083 2024-12-31 02297083 2024-01-01 2024-12-31 02297083 frs-core:CurrentFinancialInstruments 2024-12-31 02297083 frs-core:FurnitureFittings 2024-12-31 02297083 frs-core:FurnitureFittings 2024-01-01 2024-12-31 02297083 frs-core:FurnitureFittings 2023-12-31 02297083 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-12-31 02297083 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 02297083 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-12-31 02297083 frs-core:PlantMachinery 2024-12-31 02297083 frs-core:PlantMachinery 2024-01-01 2024-12-31 02297083 frs-core:PlantMachinery 2023-12-31 02297083 frs-core:SharePremium 2024-12-31 02297083 frs-core:ShareCapital 2024-12-31 02297083 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 02297083 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 02297083 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 02297083 frs-bus:SmallEntities 2024-01-01 2024-12-31 02297083 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 02297083 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 02297083 frs-bus:Director1 2024-01-01 2024-12-31 02297083 frs-bus:Director2 2024-01-01 2024-12-31 02297083 frs-bus:CompanySecretary1 2024-01-01 2024-12-31 02297083 frs-countries:EnglandWales 2024-01-01 2024-12-31 02297083 2022-12-31 02297083 2023-12-31 02297083 2023-01-01 2023-12-31 02297083 frs-core:CurrentFinancialInstruments 2023-12-31 02297083 frs-core:SharePremium 2023-12-31 02297083 frs-core:ShareCapital 2023-12-31 02297083 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 02297083
Aimclinch Limited
Financial Statements
For The Year Ended 31 December 2024
Hames Partnership Limited
Chartered Institute of Management Accountants (CIMA)
Stables End Court
Main Street
Market Bosworth
Warwickshire
CV13 0JN
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 02297083
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 361,806 362,104
361,806 362,104
CURRENT ASSETS
Debtors 5 108 102
Cash at bank and in hand 1,721 3,872
1,829 3,974
Creditors: Amounts Falling Due Within One Year 6 (24,593 ) (4,770 )
NET CURRENT ASSETS (LIABILITIES) (22,764 ) (796 )
TOTAL ASSETS LESS CURRENT LIABILITIES 339,042 361,308
NET ASSETS 339,042 361,308
CAPITAL AND RESERVES
Called up share capital 7 96,185 96,185
Share premium account (68,200 ) (68,200 )
Profit and Loss Account 311,057 333,323
SHAREHOLDERS' FUNDS 339,042 361,308
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 Edward Griffiths
Director
04/04/2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Aimclinch Limited is a private company, limited by shares, incorporated in England & Wales, registered number 02297083 . The registered office is 80 Heath Road, Market Bosworth , Nuneaton , Warwickshire, CV13 0NX.
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. 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:
Freehold 0% Reducing Balance
Plant & Machinery 25% Reducing Balance
Fixtures & Fittings 25% Reducing Balance
2.3. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 January 2024 360,351 2,351 31,765 394,467
Additions - - 190 190
As at 31 December 2024 360,351 2,351 31,955 394,657
...CONTINUED
Page 3
Page 4
Depreciation
As at 1 January 2024 - 1,902 30,461 32,363
Provided during the period - 112 376 488
As at 31 December 2024 - 2,014 30,837 32,851
Net Book Value
As at 31 December 2024 360,351 337 1,118 361,806
As at 1 January 2024 360,351 449 1,304 362,104
5. Debtors
2024 2023
£ £
Due within one year
Prepayments and accrued income 108 102
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 1 -
Corporation tax 1,884 1,664
Accruals and deferred income 870 840
Directors' loan accounts 21,838 2,266
24,593 4,770
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 96,185 96,185
Page 4