Acorah Software Products - Accounts Production 16.2.850 false true 31 August 2023 1 September 2022 false 1 September 2023 31 August 2024 31 August 2024 04044233 Mr Steven Edney Mr James Selwood Mrs Veronique Selwood Mrs Veronique Selwood iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04044233 2023-08-31 04044233 2024-08-31 04044233 2023-09-01 2024-08-31 04044233 frs-core:CurrentFinancialInstruments 2024-08-31 04044233 frs-core:ComputerEquipment 2023-09-01 2024-08-31 04044233 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-08-31 04044233 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-09-01 2024-08-31 04044233 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-08-31 04044233 frs-core:FurnitureFittings 2023-09-01 2024-08-31 04044233 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-08-31 04044233 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-09-01 2024-08-31 04044233 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-08-31 04044233 frs-core:PlantMachinery 2024-08-31 04044233 frs-core:PlantMachinery 2023-09-01 2024-08-31 04044233 frs-core:PlantMachinery 2023-08-31 04044233 frs-core:ShareCapital 2024-08-31 04044233 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 04044233 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 04044233 frs-bus:FilletedAccounts 2023-09-01 2024-08-31 04044233 frs-bus:SmallEntities 2023-09-01 2024-08-31 04044233 frs-bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 04044233 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 04044233 frs-core:UnlistedNon-exchangeTraded 2024-08-31 04044233 frs-core:UnlistedNon-exchangeTraded 2023-08-31 04044233 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-08-31 04044233 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-08-31 04044233 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-08-31 04044233 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-08-31 04044233 frs-bus:Director1 2023-09-01 2024-08-31 04044233 frs-bus:Director2 2023-09-01 2024-08-31 04044233 frs-bus:Director3 2023-09-01 2024-08-31 04044233 frs-bus:CompanySecretary1 2023-09-01 2024-08-31 04044233 1 2023-09-01 2024-08-31 04044233 frs-countries:EnglandWales 2023-09-01 2024-08-31 04044233 2022-08-31 04044233 2023-08-31 04044233 2022-09-01 2023-08-31 04044233 frs-core:CurrentFinancialInstruments 2023-08-31 04044233 frs-core:ShareCapital 2023-08-31 04044233 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31 04044233 1 2022-09-01 2023-08-31
Registered number: 04044233
Expression For Growth Limited
Unaudited Financial Statements
For The Year Ended 31 August 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—7
Page 1
Balance Sheet
Registered number: 04044233
2024 2023
as restated
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 5,752 7,669
Tangible Assets 5 19,699 26,266
Investments 6 557,700 557,700
583,151 591,635
CURRENT ASSETS
Stocks 6,850 7,479
Debtors 7 274,402 426,768
Cash at bank and in hand 446,452 129,449
727,704 563,696
Creditors: Amounts Falling Due Within One Year 8 (572,580 ) (480,713 )
NET CURRENT ASSETS (LIABILITIES) 155,124 82,983
TOTAL ASSETS LESS CURRENT LIABILITIES 738,275 674,618
PROVISIONS FOR LIABILITIES
Deferred Taxation (4,399 ) (4,252 )
NET ASSETS 733,876 670,366
CAPITAL AND RESERVES
Called up share capital 132 132
Profit and Loss Account 733,744 670,234
SHAREHOLDERS' FUNDS 733,876 670,366
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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 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 Steven Edney
Director
22 May 2025
The notes on pages 3 to 7 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Expression For Growth Limited is a private company, limited by shares, incorporated in England & Wales. The registered company number is 04044233 and the registered office is The Malthouse, Cams Hall Estate, Fareham, Hampshire, England, PO16 8UT.
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 value added taxes. Turnover includes revenue earned from the provision of services and is recogonised at the point of invoice. If the provision of services spans the financial year end, it is measured by reviewing the actual services performed against the total services to be provided and is only recognised if it can be estimated reliably. 
2.3. Intangible Fixed Assets and Amortisation - Other Intangible
Intangible assets acquired separately from a business are recognised at cost and are subsequently measured at cost less accumulated amortisation. Intangible assets acquired on business combinations are recognised separately from goodwill at the acquisition date if the fair value can be measured reliably.
Amortisation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Development Costs: 25% 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:
Land and buildings Straight line over 5 years
Plant and machinery 25% reducing balance
Fixtures & Fittings 25% reducing balance
Computer Equipment 25% reducing balance
2.5. Stocks and Work in Progress
Stocks are valued at the lower of cost and estimated selling price less costs to complete and sell.
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2.6. Financial Instruments
Financial assets and financial liabilities are recognised in the balance sheet when the company becomes a party to the contractual provisions of the instrument.
Trade and other debtors and creditors are classified as basic financial instruments and measured at initial recognition at transaction price. Debtors and creditors are subsequently measured at amortised cost using the effective interest rate method. A provision is established when there is objective evidence that the company will not be able to collect all amounts due.
Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand at bank and bank overdrafts.
Financial liabilities and equity instruments issued by the company are classified in accordance with the substance of the contractual arrangements entered into and the definitions of a financial liability and an equity instrument. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Equity instruments issued by the company are recorded at the proceeds received, net of direct issue costs.
2.7. Foreign Currencies
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.
2.8. Taxation
The taxation expense represents the sum of the tax currently payable and deferred tax. 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.
Current tax
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account 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
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.
Deferred tax is only adjusted if the change in the timing difference is material.
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2.9. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
2.10. Fixed asset investments
Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.
A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.
An associate is an entity, being neither a subsidiary nor a joint venture, in which the company holds a longterm interest and where the company has significant influence. The company considers that it has significant influence where it has the power to participate in the financial and operating decisions of the associate.
3. Average Number of Employees
2024 2023
Average number of employees, including directors, during the year 17 20
17 20
4. Intangible Assets
Development costs
£
Cost
As at 1 September 2023 66,862
As at 31 August 2024 66,862
Amortisation
As at 1 September 2023 59,193
Provided during the period 1,917
As at 31 August 2024 61,110
Net Book Value
As at 31 August 2024 5,752
As at 1 September 2023 7,669
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5. Tangible Assets
Land & Property
Land and buildings Plant and machinery Total
£ £ £
Cost
As at 1 September 2023 10,000 231,499 241,499
As at 31 August 2024 10,000 231,499 241,499
Depreciation
As at 1 September 2023 10,000 205,233 215,233
Provided during the period - 6,567 6,567
As at 31 August 2024 10,000 211,800 221,800
Net Book Value
As at 31 August 2024 - 19,699 19,699
As at 1 September 2023 - 26,266 26,266
6. Investments
Unlisted
£
Cost
As at 1 September 2023 557,700
As at 31 August 2024 557,700
Provision
As at 1 September 2023 -
As at 31 August 2024 -
Net Book Value
As at 31 August 2024 557,700
As at 1 September 2023 557,700
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7. Debtors
2024 2023
as restated
£ £
Due within one year
Trade debtors 182,151 188,843
Amounts owed by group undertakings 44,326 194,205
Other debtors 47,925 43,720
274,402 426,768
8. Creditors: Amounts Falling Due Within One Year
2024 2023
as restated
£ £
Trade creditors 34,420 133,232
Other creditors 311,109 256,619
Taxation and social security 227,051 90,862
572,580 480,713
9. Directors Advances, Credits and Guarantees
Included within Debtors are loans to directors. The balance at the year end was £20,632 (2023 : £16,828)
The above loans are unsecured, interest has been charged at a rate of 2.25% and repayable on demand.
10. Treasury Shares
In the last year Expression for Growth Ltd repurchased 552 shares as part of a share buyback each with a nominal value of £0.01. These shares are currently held in the accounts as treasury shares till they are reissued or cancelled.
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