Acorah Software Products - Accounts Production 16.3.350 false true 31 October 2023 1 November 2022 false 1 November 2023 31 October 2024 31 October 2024 07045174 Mrs Susanne Koehler-Westwood Mr Stephen Westwood iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07045174 2023-10-31 07045174 2024-10-31 07045174 2023-11-01 2024-10-31 07045174 frs-core:CurrentFinancialInstruments 2024-10-31 07045174 frs-core:ComputerEquipment 2024-10-31 07045174 frs-core:ComputerEquipment 2023-11-01 2024-10-31 07045174 frs-core:ComputerEquipment 2023-10-31 07045174 frs-core:FurnitureFittings 2024-10-31 07045174 frs-core:FurnitureFittings 2023-11-01 2024-10-31 07045174 frs-core:FurnitureFittings 2023-10-31 07045174 frs-core:ShareCapital 2024-10-31 07045174 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31 07045174 frs-bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 07045174 frs-bus:FilletedAccounts 2023-11-01 2024-10-31 07045174 frs-bus:SmallEntities 2023-11-01 2024-10-31 07045174 frs-bus:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 07045174 frs-bus:SmallCompaniesRegimeForAccounts 2023-11-01 2024-10-31 07045174 frs-core:ListedExchangeTraded 2024-10-31 07045174 frs-core:ListedExchangeTraded 2023-10-31 07045174 frs-core:CostValuation frs-core:ListedExchangeTraded 2023-10-31 07045174 frs-core:DisposalsRepaymentsInvestments frs-core:ListedExchangeTraded 2024-10-31 07045174 frs-core:RevaluationsIncreaseDecreaseInInvestments frs-core:ListedExchangeTraded 2024-10-31 07045174 frs-core:CostValuation frs-core:ListedExchangeTraded 2024-10-31 07045174 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2023-10-31 07045174 frs-core:ProvisionsForImpairmentInvestments frs-core:ListedExchangeTraded 2024-10-31 07045174 frs-bus:Director1 2023-11-01 2024-10-31 07045174 frs-bus:Director2 2023-11-01 2024-10-31 07045174 frs-countries:EnglandWales 2023-11-01 2024-10-31 07045174 2022-10-31 07045174 2023-10-31 07045174 2022-11-01 2023-10-31 07045174 frs-core:CurrentFinancialInstruments 2023-10-31 07045174 frs-core:ShareCapital 2023-10-31 07045174 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31
Registered number: 07045174
Ces Investments Limited
Unaudited Financial Statements
For The Year Ended 31 October 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 07045174
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,681 997
Investments 5 152,411 288,556
154,092 289,553
CURRENT ASSETS
Debtors 6 32,791 35,463
Cash at bank and in hand 411,392 212,263
444,183 247,726
Creditors: Amounts Falling Due Within One Year 7 (67,038 ) (51,451 )
NET CURRENT ASSETS (LIABILITIES) 377,145 196,275
TOTAL ASSETS LESS CURRENT LIABILITIES 531,237 485,828
PROVISIONS FOR LIABILITIES
Deferred Taxation (124 ) (191 )
NET ASSETS 531,113 485,637
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 531,013 485,537
SHAREHOLDERS' FUNDS 531,113 485,637
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Page 2
For the year ending 31 October 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 Stephen Westwood
Director
12/05/2025
The notes on pages 3 to 5 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
Ces Investments Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07045174 . The registered office is 11 Greenleaf House, 128 Darkes Lane, Potters Bar, EN6 1AE.
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. 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 25% on reducing balance method
Computer Equipment 25% on reducing balance method
2.4. 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.
2.5. 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.
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3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 November 2023 183 8,260 8,443
Additions - 1,500 1,500
As at 31 October 2024 183 9,760 9,943
Depreciation
As at 1 November 2023 80 7,366 7,446
Provided during the period 26 790 816
As at 31 October 2024 106 8,156 8,262
Net Book Value
As at 31 October 2024 77 1,604 1,681
As at 1 November 2023 103 894 997
5. Investments
Listed
£
Cost
As at 1 November 2023 288,556
Disposals (179,215 )
Revaluations 43,070
As at 31 October 2024 152,411
Provision
As at 1 November 2023 -
As at 31 October 2024 -
Net Book Value
As at 31 October 2024 152,411
As at 1 November 2023 288,556
6. Debtors
2024 2023
£ £
Due within one year
Other debtors 32,791 35,463
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7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors - 5,514
Other creditors 10,790 3,331
Taxation and social security 56,248 42,606
67,038 51,451
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
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