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 03824154 Mr Jeremy Morley Mr Jeremy Morley iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 03824154 2023-12-31 03824154 2024-12-31 03824154 2024-01-01 2024-12-31 03824154 frs-core:CurrentFinancialInstruments 2024-12-31 03824154 frs-core:ComputerEquipment 2024-12-31 03824154 frs-core:ComputerEquipment 2024-01-01 2024-12-31 03824154 frs-core:ComputerEquipment 2023-12-31 03824154 frs-core:ShareCapital 2024-12-31 03824154 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 03824154 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 03824154 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 03824154 frs-bus:SmallEntities 2024-01-01 2024-12-31 03824154 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 03824154 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 03824154 frs-core:CostValuation 2023-12-31 03824154 frs-core:CostValuation 2024-12-31 03824154 frs-core:ProvisionsForImpairmentInvestments 2023-12-31 03824154 frs-core:ProvisionsForImpairmentInvestments 2024-12-31 03824154 frs-bus:Director1 2024-01-01 2024-12-31 03824154 frs-bus:CompanySecretary1 2024-01-01 2024-12-31 03824154 frs-countries:EnglandWales 2024-01-01 2024-12-31 03824154 2022-12-31 03824154 2023-12-31 03824154 2023-01-01 2023-12-31 03824154 frs-core:CurrentFinancialInstruments 2023-12-31 03824154 frs-core:Non-currentFinancialInstruments 2023-12-31 03824154 frs-core:ShareCapital 2023-12-31 03824154 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 03824154
Cazobe Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
TaxAssist Accountants
Hereward Offices
Cherry Holt Road
Bourne
Lincolnshire
PE10 9LA
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—4
Page 1
Balance Sheet
Registered number: 03824154
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,209 1,813
Investments 5 16 16
1,225 1,829
CURRENT ASSETS
Debtors 6 188,082 232,110
Cash at bank and in hand 54,054 5,505
242,136 237,615
Creditors: Amounts Falling Due Within One Year 7 (2,186 ) (1,639 )
NET CURRENT ASSETS (LIABILITIES) 239,950 235,976
TOTAL ASSETS LESS CURRENT LIABILITIES 241,175 237,805
NET ASSETS 241,175 237,805
CAPITAL AND RESERVES
Called up share capital 8 2 2
Profit and Loss Account 241,173 237,803
SHAREHOLDERS' FUNDS 241,175 237,805
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 his 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 Jeremy Morley
Director
12 May 2025
The notes on pages 2 to 4 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Cazobe Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03824154 . The registered office is North Barn, Village Street, Pickworth, NG34 0TD.
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. 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:
Computer Equipment 25% on cost
2.3. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 January 2024 5,725
Additions 149
As at 31 December 2024 5,874
Depreciation
As at 1 January 2024 3,912
Provided during the period 753
As at 31 December 2024 4,665
...CONTINUED
Page 2
Page 3
Net Book Value
As at 31 December 2024 1,209
As at 1 January 2024 1,813
5. Investments
Other
£
Cost
As at 1 January 2024 16
As at 31 December 2024 16
Provision
As at 1 January 2024 -
As at 31 December 2024 -
Net Book Value
As at 31 December 2024 16
As at 1 January 2024 16
Foxeholes Freehold Limited is a subsidiary of Cazobe Limited who own 89% of the ordinary share capital.
6. Debtors
2024 2023
£ £
Due within one year
Other debtors 175,000 218,500
Corporation tax recoverable assets - 2,966
Amounts owed by group undertakings 13,082 13,610
188,082 235,076
Due after more than one year
Corporation tax recoverable assets - (2,966 )
188,082 232,110
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Corporation tax 931 109
Accruals and deferred income 346 314
Director's loan account 909 1,216
2,186 1,639
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
Page 3
Page 4
9. Related Party Transactions
During the year transactions took place with North Barn Properties Limited, a company in which the director has a significant interest. At the year end there was a balance of £175,000 (2023: £218,500) due from North Barn Properties Limited. This amount is included within other debtors. Interest of £5,515 (2023 £5,376) has been charged on this loan.
During the year transactions took place with Foxholes Freehold Limited, a subsidiary company. At the year end there was a balance of £13,052 (2023: £13,610) due from Foxholes Freehold Limited. This amount is included within other debtors. Interest of £33 (2023: £35) has been charged on this loan.
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