Acorah Software Products - Accounts Production 16.3.350 false true 30 September 2023 1 October 2022 false 1 October 2023 30 September 2024 30 September 2024 10946930 Mr C Kavanagh Mr R Wistow Mr C Dockrill iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10946930 2023-09-30 10946930 2024-09-30 10946930 2023-10-01 2024-09-30 10946930 frs-core:CurrentFinancialInstruments 2024-09-30 10946930 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-10-01 2024-09-30 10946930 frs-core:FurnitureFittings 2023-10-01 2024-09-30 10946930 frs-core:OtherResidualIntangibleAssets 2024-09-30 10946930 frs-core:OtherResidualIntangibleAssets 2023-10-01 2024-09-30 10946930 frs-core:OtherResidualIntangibleAssets 2023-09-30 10946930 frs-core:ShareCapital 2024-09-30 10946930 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 10946930 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 10946930 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 10946930 frs-bus:SmallEntities 2023-10-01 2024-09-30 10946930 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 10946930 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 10946930 frs-bus:Director1 2023-10-01 2024-09-30 10946930 frs-bus:Director2 2023-10-01 2024-09-30 10946930 frs-bus:Director3 2023-10-01 2024-09-30 10946930 frs-countries:EnglandWales 2023-10-01 2024-09-30 10946930 2022-09-30 10946930 2023-09-30 10946930 2022-10-01 2023-09-30 10946930 frs-core:CurrentFinancialInstruments 2023-09-30 10946930 frs-core:ShareCapital 2023-09-30 10946930 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30
Registered number: 10946930
Octanise Limited
Unaudited Financial Statements
For The Year Ended 30 September 2024
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 10946930
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 105,322 88,498
105,322 88,498
CURRENT ASSETS
Debtors 5 43,161 57,391
Cash at bank and in hand 79,235 59,955
122,396 117,346
Creditors: Amounts Falling Due Within One Year 6 (15,531 ) (16,967 )
NET CURRENT ASSETS (LIABILITIES) 106,865 100,379
TOTAL ASSETS LESS CURRENT LIABILITIES 212,187 188,877
NET ASSETS 212,187 188,877
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account 212,087 188,777
SHAREHOLDERS' FUNDS 212,187 188,877
For the year ending 30 September 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 R Wistow
Director
24 April 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
Octanise Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10946930 . The registered office is Abacus House, 68a North Street, Romford, RM1 1DA.
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 - Other Intangible
Other intangible assets are website costs. Website costs are amortised to the profit and loss account at 25% per annum reducing balance.
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:
Fixtures & Fittings 25% per annum reducing balance
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Intangible Assets
Other
£
Cost
As at 1 October 2023 240,928
Additions 51,932
As at 30 September 2024 292,860
Amortisation
As at 1 October 2023 152,430
Provided during the period 35,108
As at 30 September 2024 187,538
Net Book Value
As at 30 September 2024 105,322
As at 1 October 2023 88,498
Page 2
Page 3
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 43,161 57,391
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 6,733 5,525
Other creditors 4,305 4,681
Taxation and social security 4,493 6,761
15,531 16,967
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 3