Acorah Software Products - Accounts Production 16.3.350 false true 31 December 2023 1 April 2023 false 1 January 2024 31 December 2024 31 December 2024 07214627 R Harris D Harris iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07214627 2023-12-31 07214627 2024-12-31 07214627 2024-01-01 2024-12-31 07214627 frs-core:CurrentFinancialInstruments 2024-12-31 07214627 frs-core:Non-currentFinancialInstruments 2024-12-31 07214627 frs-core:NetGoodwill 2024-12-31 07214627 frs-core:NetGoodwill 2024-01-01 2024-12-31 07214627 frs-core:NetGoodwill 2023-12-31 07214627 frs-core:PlantMachinery 2024-01-01 2024-12-31 07214627 frs-core:ShareCapital 2024-12-31 07214627 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 07214627 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 07214627 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 07214627 frs-bus:SmallEntities 2024-01-01 2024-12-31 07214627 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 07214627 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 07214627 frs-bus:Director1 2024-01-01 2024-12-31 07214627 frs-bus:Director2 2024-01-01 2024-12-31 07214627 frs-countries:EnglandWales 2024-01-01 2024-12-31 07214627 2023-03-31 07214627 2023-12-31 07214627 2023-04-01 2023-12-31 07214627 frs-core:CurrentFinancialInstruments 2023-12-31 07214627 frs-core:Non-currentFinancialInstruments 2023-12-31 07214627 frs-core:ShareCapital 2023-12-31 07214627 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 07214627
BexSimon Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
Blue Penguin Chartered Accountants
16 Claremont Drive
Taunton
Somerset
TA1 4JF
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 07214627
31 December 2024 31 December 2023
Notes £ £ £ £
FIXED ASSETS
CURRENT ASSETS
Debtors 5 52,034 54,161
Cash at bank and in hand 6,278 -
58,312 54,161
Creditors: Amounts Falling Due Within One Year 6 (2,822 ) (13,713 )
NET CURRENT ASSETS (LIABILITIES) 55,490 40,448
TOTAL ASSETS LESS CURRENT LIABILITIES 55,490 40,448
Creditors: Amounts Falling Due After More Than One Year 7 (89,248 ) (81,478 )
NET LIABILITIES (33,758 ) (41,030 )
CAPITAL AND RESERVES
Called up share capital 8 2 2
Profit and Loss Account (33,760 ) (41,032 )
SHAREHOLDERS' FUNDS (33,758) (41,030)
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
D Harris
Director
07/04/2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
BexSimon Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07214627 . The registered office is Old Pound House, Woolsery, Bideford, EX39 5QA.
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 10 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 33% Straight Line
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Intangible Assets
Goodwill
£
Cost
As at 1 January 2024 20,000
As at 31 December 2024 20,000
Amortisation
As at 1 January 2024 20,000
As at 31 December 2024 20,000
Net Book Value
As at 31 December 2024 -
As at 1 January 2024 -
Page 2
Page 3
5. Debtors
31 December 2024 31 December 2023
£ £
Due within one year
Trade debtors 52,034 51,890
Other debtors - 2,271
52,034 54,161
6. Creditors: Amounts Falling Due Within One Year
31 December 2024 31 December 2023
£ £
Trade creditors 178 177
Bank loans and overdrafts 2,638 9,562
Other creditors 6 6
Taxation and social security - 3,968
2,822 13,713
7. Creditors: Amounts Falling Due After More Than One Year
31 December 2024 31 December 2023
£ £
Bank loans 1,032 4,205
Directors loan account 75,487 77,273
Amounts owed to related parties 12,729 -
89,248 81,478
8. Share Capital
31 December 2024 31 December 2023
£ £
Allotted, Called up and fully paid 2 2
Page 3