Acorah Software Products - Accounts Production 16.3.350 false true 31 August 2023 1 September 2022 false 1 September 2023 31 August 2024 31 August 2024 06357284 Mr Paul O'Connor iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06357284 2023-08-31 06357284 2024-08-31 06357284 2023-09-01 2024-08-31 06357284 frs-core:CurrentFinancialInstruments 2024-08-31 06357284 frs-core:ComputerEquipment 2024-08-31 06357284 frs-core:ComputerEquipment 2023-09-01 2024-08-31 06357284 frs-core:ComputerEquipment 2023-08-31 06357284 frs-core:FurnitureFittings 2024-08-31 06357284 frs-core:FurnitureFittings 2023-09-01 2024-08-31 06357284 frs-core:FurnitureFittings 2023-08-31 06357284 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-08-31 06357284 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-09-01 2024-08-31 06357284 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-08-31 06357284 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-08-31 06357284 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-09-01 2024-08-31 06357284 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-08-31 06357284 frs-core:RevaluationReserve 2023-08-31 06357284 frs-core:RevaluationReserve 2024-08-31 06357284 frs-core:ShareCapital 2024-08-31 06357284 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 06357284 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 06357284 frs-bus:FilletedAccounts 2023-09-01 2024-08-31 06357284 frs-bus:SmallEntities 2023-09-01 2024-08-31 06357284 frs-bus:AuditExemptWithAccountantsReport 2023-09-01 2024-08-31 06357284 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 06357284 frs-bus:OrdinaryShareClass1 2023-09-01 2024-08-31 06357284 frs-bus:OrdinaryShareClass1 2024-08-31 06357284 frs-bus:Director1 2023-09-01 2024-08-31 06357284 frs-core:CurrentFinancialInstruments 1 2024-08-31 06357284 frs-countries:EnglandWales 2023-09-01 2024-08-31 06357284 2022-08-31 06357284 2023-08-31 06357284 2022-09-01 2023-08-31 06357284 frs-core:CurrentFinancialInstruments 2023-08-31 06357284 frs-core:RevaluationReserve 2023-08-31 06357284 frs-core:ShareCapital 2023-08-31 06357284 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31 06357284 frs-bus:OrdinaryShareClass1 2022-09-01 2023-08-31 06357284 frs-core:CurrentFinancialInstruments 1 2023-08-31
Registered number: 06357284
Link Consulting Ltd
Financial Statements
For The Year Ended 31 August 2024
C K R
Chartered Certified Accountants
C K R House
70 East Hill
Dartford
Kent
DA1 1RZ
Contents
Page
Accountants' Report 1
Balance Sheet 2
Notes to the Financial Statements 3—4
Page 1
Accountants' Report
Report to the director on the preparation of the unaudited statutory accounts of Link Consulting Ltd for the year ended 31 August 2024
To assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Link Consulting Ltd which comprise the Profit and Loss Account, the Balance Sheet and the related notes, from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.
This report is made to the director of Link Consulting Ltd , as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Link Consulting Ltd and state those matters that we have agreed to state to the director of Link Consulting Ltd , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Link Consulting Ltd and its director as a body for our work or for this report.
It is your duty to ensure that Link Consulting Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Link Consulting Ltd . You consider that Link Consulting Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Link Consulting Ltd . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
Signed
15 January 2025
C K R
Chartered Certified Accountants
C K R House
70 East Hill
Dartford
Kent
DA1 1RZ
Page 1
Page 2
Balance Sheet
Registered number: 06357284
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 686,182 686,028
686,182 686,028
CURRENT ASSETS
Cash at bank and in hand 20,472 36,758
20,472 36,758
Creditors: Amounts Falling Due Within One Year 5 (8,122 ) (6,921 )
NET CURRENT ASSETS (LIABILITIES) 12,350 29,837
TOTAL ASSETS LESS CURRENT LIABILITIES 698,532 715,865
NET ASSETS 698,532 715,865
CAPITAL AND RESERVES
Called up share capital 6 101 101
Revaluation reserve 8 284,244 284,244
Profit and Loss Account 414,187 431,520
SHAREHOLDERS' FUNDS 698,532 715,865
For the year ending 31 August 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 Paul O'Connor
Director
15 January 2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Link Consulting Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 06357284 . The registered office is CKR House, 70 East Hill, Dartford, Kent, DA1 1RZ.
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 form the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover form 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 stated at cost less depreciation. 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:
Freehold Not Depreciated
Leasehold Over useful life of 999 years.
Fixtures & Fittings 25% reducing balance basis.
Computer Equipment 25% reducing balance basis.
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 year 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 asset reflects 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 or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also 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: 2 (2023: 2)
2 2
Page 3
Page 4
4. Tangible Assets
Land & Property
Freehold Leasehold Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 September 2023 473,982 213,638 3,689 - 691,309
Additions - - - 599 599
As at 31 August 2024 473,982 213,638 3,689 599 691,908
Depreciation
As at 1 September 2023 - 1,917 3,364 - 5,281
Provided during the period - 214 81 150 445
As at 31 August 2024 - 2,131 3,445 150 5,726
Net Book Value
As at 31 August 2024 473,982 211,507 244 449 686,182
As at 1 September 2023 473,982 211,721 325 - 686,028
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Corporation tax - 261
Client's protection deposit 3,338 3,338
Rental deposit 2,980 1,480
Accruals and deferred income 1,800 1,800
Director's loan account 4 42
8,122 6,921
6. Share Capital
2024 2023
Allotted, called up and fully paid £ £
101 Ordinary Shares of £ 1 each 101 101
7. Dividends
2024 2023
£ £
On equity shares:
Interim dividend paid - 2,000
Final dividend paid 17,202 10,200
17,202 12,200
8. Reserves
Revaluation Reserve
£
As at 1 September 2023 284,244
As at 31 August 2024 284,244
Page 4