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 13676106 Ms Clare Cochrane iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13676106 2023-12-31 13676106 2024-12-31 13676106 2024-01-01 2024-12-31 13676106 frs-core:CurrentFinancialInstruments 2024-12-31 13676106 frs-core:ComputerEquipment 2024-12-31 13676106 frs-core:ComputerEquipment 2024-01-01 2024-12-31 13676106 frs-core:ComputerEquipment 2023-12-31 13676106 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-01-01 2024-12-31 13676106 frs-core:FurnitureFittings 2024-12-31 13676106 frs-core:FurnitureFittings 2024-01-01 2024-12-31 13676106 frs-core:FurnitureFittings 2023-12-31 13676106 frs-core:NetGoodwill 2024-12-31 13676106 frs-core:NetGoodwill 2024-01-01 2024-12-31 13676106 frs-core:NetGoodwill 2023-12-31 13676106 frs-core:OtherResidualIntangibleAssets 2024-12-31 13676106 frs-core:OtherResidualIntangibleAssets 2024-01-01 2024-12-31 13676106 frs-core:OtherResidualIntangibleAssets 2023-12-31 13676106 frs-core:ShareCapital 2024-12-31 13676106 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 13676106 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 13676106 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 13676106 frs-bus:SmallEntities 2024-01-01 2024-12-31 13676106 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 13676106 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 13676106 frs-bus:Director1 2024-01-01 2024-12-31 13676106 frs-countries:EnglandWales 2024-01-01 2024-12-31 13676106 2022-12-31 13676106 2023-12-31 13676106 2023-01-01 2023-12-31 13676106 frs-core:CurrentFinancialInstruments 2023-12-31 13676106 frs-core:ShareCapital 2023-12-31 13676106 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 13676106
Clare Gaskin 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: 13676106
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 8,732 14,836
Tangible Assets 5 7,032 5,746
15,764 20,582
CURRENT ASSETS
Debtors 6 32,412 29,342
Cash at bank and in hand 79,912 19,045
112,324 48,387
Creditors: Amounts Falling Due Within One Year 7 (118,355 ) (85,043 )
NET CURRENT ASSETS (LIABILITIES) (6,031 ) (36,656 )
TOTAL ASSETS LESS CURRENT LIABILITIES 9,733 (16,074 )
NET ASSETS/(LIABILITIES) 9,733 (16,074 )
CAPITAL AND RESERVES
Called up share capital 8 1 1
Profit and Loss Account 9,732 (16,075 )
SHAREHOLDERS' FUNDS 9,733 (16,074)
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 member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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
Ms Clare Cochrane
Director
07/05/2025
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
Clare Gaskin Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13676106 . The registered office is Second Floor, 139 Upper Richmond Road, London, SW15 2TX.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 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 5 years.
2.4. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are website Development costs. They are amortised to profit and loss account over its estimated economic life of 3 years.
2.5. 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 3 Years SL
Computer Equipment 3 Years SL
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
5Average number of employees, including directors, during the year was: 5 (2023: 5)
5 5
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4. Intangible Assets
Goodwill Other Total
£ £ £
Cost
As at 1 January 2024 12,500 10,812 23,312
As at 31 December 2024 12,500 10,812 23,312
Amortisation
As at 1 January 2024 5,000 3,476 8,476
Provided during the period 2,500 3,604 6,104
As at 31 December 2024 7,500 7,080 14,580
Net Book Value
As at 31 December 2024 5,000 3,732 8,732
As at 1 January 2024 7,500 7,336 14,836
5. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 January 2024 7,156 5,919 13,075
Additions 433 5,224 5,657
As at 31 December 2024 7,589 11,143 18,732
Depreciation
As at 1 January 2024 3,329 4,000 7,329
Provided during the period 2,316 2,055 4,371
As at 31 December 2024 5,645 6,055 11,700
Net Book Value
As at 31 December 2024 1,944 5,088 7,032
As at 1 January 2024 3,827 1,919 5,746
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 6,850 8,782
Prepayments and accrued income 15,445 1,288
Other debtors 4,400 4,400
VAT 5,717 14,872
32,412 29,342
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Page 5
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 76,134 60,343
Other taxes and social security 2,912 1,210
Other creditors 778 395
Accruals and deferred income 12,008 3,623
Director's loan account 26,523 19,472
118,355 85,043
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
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