Acorah Software Products - Accounts Production 16.3.350 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 04703132 Mr Martin Arthur Mr Michael Arthur iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04703132 2024-03-31 04703132 2025-03-31 04703132 2024-04-01 2025-03-31 04703132 frs-core:CurrentFinancialInstruments 2025-03-31 04703132 frs-core:Non-currentFinancialInstruments 2025-03-31 04703132 frs-core:ComputerEquipment 2025-03-31 04703132 frs-core:ComputerEquipment 2024-04-01 2025-03-31 04703132 frs-core:ComputerEquipment 2024-03-31 04703132 frs-core:FurnitureFittings 2025-03-31 04703132 frs-core:FurnitureFittings 2024-04-01 2025-03-31 04703132 frs-core:FurnitureFittings 2024-03-31 04703132 frs-core:NetGoodwill 2025-03-31 04703132 frs-core:NetGoodwill 2024-04-01 2025-03-31 04703132 frs-core:NetGoodwill 2024-03-31 04703132 frs-core:MotorVehicles 2024-04-01 2025-03-31 04703132 frs-core:PlantMachinery 2024-04-01 2025-03-31 04703132 frs-core:ShareCapital 2025-03-31 04703132 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 04703132 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 04703132 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 04703132 frs-bus:SmallEntities 2024-04-01 2025-03-31 04703132 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 04703132 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 04703132 frs-core:UnlistedNon-exchangeTraded 2025-03-31 04703132 frs-core:UnlistedNon-exchangeTraded 2024-03-31 04703132 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-03-31 04703132 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2025-03-31 04703132 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-03-31 04703132 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2025-03-31 04703132 frs-bus:Director1 2024-04-01 2025-03-31 04703132 frs-bus:Director2 2024-04-01 2025-03-31 04703132 frs-core:CurrentFinancialInstruments 2 2025-03-31 04703132 frs-countries:EnglandWales 2024-04-01 2025-03-31 04703132 2023-03-31 04703132 2024-03-31 04703132 2023-04-01 2024-03-31 04703132 frs-core:CurrentFinancialInstruments 2024-03-31 04703132 frs-core:Non-currentFinancialInstruments 2024-03-31 04703132 frs-core:ShareCapital 2024-03-31 04703132 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 04703132 frs-core:CurrentFinancialInstruments 2 2024-03-31 04703132 frs-core:CurrentFinancialInstruments 3 2024-03-31
Registered number: 04703132
Accountancy.coop Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Accountancy.coop Ltd
Unit 2A The Courtyard Craft Centre
Huntick Road, Lytchett Minster
Poole
Dorset
BH16 6BA
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 04703132
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 6,000 12,000
Tangible Assets 5 - 3,320
Investments 6 1,168 1,168
7,168 16,488
CURRENT ASSETS
Stocks 7 879 150
Debtors 8 4,342 1,262
Cash at bank and in hand 13,858 11,930
19,079 13,342
Creditors: Amounts Falling Due Within One Year 9 (37,180 ) (39,158 )
NET CURRENT ASSETS (LIABILITIES) (18,101 ) (25,816 )
TOTAL ASSETS LESS CURRENT LIABILITIES (10,933 ) (9,328 )
Creditors: Amounts Falling Due After More Than One Year 10 (3,040 ) (7,600 )
PROVISIONS FOR LIABILITIES
Deferred Taxation - (705 )
NET LIABILITIES (13,973 ) (17,633 )
CAPITAL AND RESERVES
Called up share capital 11 12 12
Profit and Loss Account (13,985 ) (17,645 )
SHAREHOLDERS' FUNDS (13,973) (17,633)
Page 1
Page 2
For the year ending 31 March 2025 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 Arthur
Director
7th May 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
Accountancy.coop Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04703132 . The registered office is Unit 2A, The Courtyard Craft Centre,, Huntick Road,, Lytchett Minster, Poole, Dorset, BH16 6BA.
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 - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of .... 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:
Plant & Machinery 15% on reducing balance
Motor Vehicles 15% on reducing balance
Fixtures & Fittings 15% on reducing balance
Computer Equipment 25% on cost
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. 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.
...CONTINUED
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2.6. Taxation - continued
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: 3 (2024: 3)
3 3
4. Intangible Assets
Goodwill
£
Cost
As at 1 April 2024 120,000
As at 31 March 2025 120,000
Amortisation
As at 1 April 2024 108,000
Provided during the period 6,000
As at 31 March 2025 114,000
Net Book Value
As at 31 March 2025 6,000
As at 1 April 2024 12,000
5. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 April 2024 14,459 57,883 72,342
Disposals - (3,320 ) (3,320 )
As at 31 March 2025 14,459 54,563 69,022
Depreciation
As at 1 April 2024 14,459 54,563 69,022
As at 31 March 2025 14,459 54,563 69,022
Net Book Value
As at 31 March 2025 - - -
As at 1 April 2024 - 3,320 3,320
Page 4
Page 5
6. Investments
Unlisted
£
Cost
As at 1 April 2024 1,168
As at 31 March 2025 1,168
Provision
As at 1 April 2024 -
As at 31 March 2025 -
Net Book Value
As at 31 March 2025 1,168
As at 1 April 2024 1,168
7. Stocks
2025 2024
£ £
Stock 879 150
8. Debtors
2025 2024
£ £
Due within one year
Trade debtors 4,342 1,262
9. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 3,327 2,820
Bank loans and overdrafts 6,806 4,560
Corporation tax 336 -
Other taxes and social security 171 -
Other creditors (2) 275 85
Other creditors (3) - 74
Directors' loan accounts 11,695 16,270
Payments on account 14,570 15,349
37,180 39,158
10. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 3,040 7,600
11. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 12 12
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