Acorah Software Products - Accounts Production 16.2.850 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 08196149 Mr Matthew Charters Mrs Kerry Whapshott iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08196149 2023-12-31 08196149 2024-12-31 08196149 2024-01-01 2024-12-31 08196149 frs-core:CurrentFinancialInstruments 2024-12-31 08196149 frs-core:FurnitureFittings 2024-12-31 08196149 frs-core:FurnitureFittings 2024-01-01 2024-12-31 08196149 frs-core:FurnitureFittings 2023-12-31 08196149 frs-core:MotorVehicles 2024-12-31 08196149 frs-core:MotorVehicles 2024-01-01 2024-12-31 08196149 frs-core:MotorVehicles 2023-12-31 08196149 frs-core:PlantMachinery 2024-12-31 08196149 frs-core:PlantMachinery 2024-01-01 2024-12-31 08196149 frs-core:PlantMachinery 2023-12-31 08196149 frs-core:ShareCapital 2024-12-31 08196149 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 08196149 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 08196149 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 08196149 frs-bus:SmallEntities 2024-01-01 2024-12-31 08196149 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 08196149 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 08196149 frs-bus:Director1 2024-01-01 2024-12-31 08196149 frs-bus:Director1 2023-12-31 08196149 frs-bus:Director1 2024-12-31 08196149 frs-bus:Director2 2024-01-01 2024-12-31 08196149 frs-bus:Director2 2023-12-31 08196149 frs-bus:Director2 2024-12-31 08196149 frs-countries:EnglandWales 2024-01-01 2024-12-31 08196149 2022-12-31 08196149 2023-12-31 08196149 2023-01-01 2023-12-31 08196149 frs-core:CurrentFinancialInstruments 2023-12-31 08196149 frs-core:ShareCapital 2023-12-31 08196149 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 08196149
Chaos Support Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 08196149
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 21,474 18,823
21,474 18,823
CURRENT ASSETS
Debtors 5 277,476 291,525
Cash at bank and in hand 140,036 83,243
417,512 374,768
Creditors: Amounts Falling Due Within One Year 6 (254,601 ) (230,729 )
NET CURRENT ASSETS (LIABILITIES) 162,911 144,039
TOTAL ASSETS LESS CURRENT LIABILITIES 184,385 162,862
PROVISIONS FOR LIABILITIES
Deferred Taxation (2,102 ) (1,232 )
NET ASSETS 182,283 161,630
CAPITAL AND RESERVES
Called up share capital 7 2 2
Profit and Loss Account 182,281 161,628
SHAREHOLDERS' FUNDS 182,283 161,630
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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.
On behalf of the board
Mrs Kerry Whapshott
Director
12 March 2025
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Chaos Support Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08196149 . The registered office is 8 Leigh Road, Havant, Hampshire, PO9 2ET.
The presentation currency of the financial statements is the Pound Sterling (£).
Accounts are rounded to the nearest pound.
The accounts represent the company as an individual entity.
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 25% straight line
Motor Vehicles 25% reducing balance
Fixtures & Fittings 25% straight line
2.4. 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.
2.5. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
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2.6. Government Grant
Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.
Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.
Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.
All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 92 (2023: 88)
92 88
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 January 2024 18,303 29,216 27,024 74,543
Additions 1,195 10,939 536 12,670
As at 31 December 2024 19,498 40,155 27,560 87,213
Depreciation
As at 1 January 2024 15,356 20,269 20,095 55,720
Provided during the period 2,552 4,515 2,952 10,019
As at 31 December 2024 17,908 24,784 23,047 65,739
Net Book Value
As at 31 December 2024 1,590 15,371 4,513 21,474
As at 1 January 2024 2,947 8,947 6,929 18,823
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 91,099 124,545
Other debtors 186,377 166,980
277,476 291,525
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 1,021 901
Amounts owed to participating interests 90,517 68,455
Other creditors 7,005 7,491
Taxation and social security 156,058 153,882
254,601 230,729
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7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
8. Directors Advances, Credits and Guarantees
Included within Creditors are the following loans to directors:
As at 1 January 2024 Amounts advanced Amounts repaid Amounts written off As at 31 December 2024
£ £ £ £ £
Mr Matthew Charters (25 ) 7,037 7,040 - 28
Mrs Kerry Whapshott (1,845 ) 6,223 5,721 - 1,343
The above loan is unsecured, interest free and repayable on demand.
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