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 07726470 Mr Josh Whiten Mr Carl Stokes Mr Rajinder Chhokar Mr Mark Chirnside Mr Christopher Poulton Mr Noor ul ain Mariya Syed Miss Maria Guerrero-Orejuela Mr Paul Lawrence Mrs Marianne Salmon Mr Simon Defoe Mr Iqbal Singh Mr Liam Carroll Mrs Anna Stokes Mr Gianluca Bregoli Mr Leonard Vitarana Mr Marco Potesta Miss Johanna Wallin Mr Simon Clayton-Mitchell Mr Damon Harding Mr Nick Pendleton Ms Davina Reid-Phillips Mr Gavin McLauchlan Mr James Kershaw Mr Christian Bathews  Ms Marjory Carrero Mrs Helen Poulton  Mr Andrew Salmon Mr Rafael Bloom Miss Mercedes Osma Peralta Miss Sunayna Lal Mr Luke Pelham Mr Robert Kerner Mr Arif Jafferji Mr Jason Hill Mr Craig Pask Mr Dominic Pride true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07726470 2023-08-31 07726470 2024-08-31 07726470 2023-09-01 2024-08-31 07726470 frs-core:CurrentFinancialInstruments 2024-08-31 07726470 frs-core:ComputerEquipment 2024-08-31 07726470 frs-core:ComputerEquipment 2023-09-01 2024-08-31 07726470 frs-core:ComputerEquipment 2023-08-31 07726470 frs-core:FurnitureFittings 2024-08-31 07726470 frs-core:FurnitureFittings 2023-09-01 2024-08-31 07726470 frs-core:FurnitureFittings 2023-08-31 07726470 frs-core:CapitalRedemptionReserve 2024-08-31 07726470 frs-core:ShareCapital 2024-08-31 07726470 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 07726470 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 07726470 frs-bus:FilletedAccounts 2023-09-01 2024-08-31 07726470 frs-bus:SmallEntities 2023-09-01 2024-08-31 07726470 frs-bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 07726470 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 07726470 frs-bus:OrdinaryShareClass3 2023-09-01 2024-08-31 07726470 frs-bus:OrdinaryShareClass3 2024-08-31 07726470 1 2023-09-01 2024-08-31 07726470 frs-bus:Director1 2023-09-01 2024-08-31 07726470 frs-bus:Director2 2023-09-01 2024-08-31 07726470 frs-bus:Director3 2023-09-01 2024-08-31 07726470 frs-bus:Director4 2023-09-01 2024-08-31 07726470 frs-bus:Director5 2023-09-01 2024-08-31 07726470 frs-bus:Director6 2023-09-01 2024-08-31 07726470 frs-bus:Director7 2023-09-01 2024-08-31 07726470 frs-bus:Director8 2023-09-01 2024-08-31 07726470 frs-bus:Director9 2023-09-01 2024-08-31 07726470 frs-bus:Director10 2023-09-01 2024-08-31 07726470 frs-bus:Director11 2023-09-01 2024-08-31 07726470 frs-bus:Director12 2023-09-01 2024-08-31 07726470 frs-bus:Director13 2023-09-01 2024-08-31 07726470 frs-bus:Director14 2023-09-01 2024-08-31 07726470 frs-bus:Director15 2023-09-01 2024-08-31 07726470 frs-bus:Director16 2023-09-01 2024-08-31 07726470 frs-bus:Director17 2023-09-01 2024-08-31 07726470 frs-bus:Director18 2023-09-01 2024-08-31 07726470 frs-bus:Director19 2023-09-01 2024-08-31 07726470 frs-bus:Director20 2023-09-01 2024-08-31 07726470 frs-bus:Director21 2023-09-01 2024-08-31 07726470 frs-bus:Director22 2023-09-01 2024-08-31 07726470 frs-bus:Director23 2023-09-01 2024-08-31 07726470 frs-bus:Director24 2023-09-01 2024-08-31 07726470 frs-bus:Director25 2023-09-01 2024-08-31 07726470 frs-bus:Director26 2023-09-01 2024-08-31 07726470 frs-bus:Director27 2023-09-01 2024-08-31 07726470 frs-bus:Director28 2023-09-01 2024-08-31 07726470 frs-bus:Director29 2023-09-01 2024-08-31 07726470 frs-bus:Director30 2023-09-01 2024-08-31 07726470 frs-bus:Director31 2023-09-01 2024-08-31 07726470 frs-bus:Director32 2023-09-01 2024-08-31 07726470 frs-bus:Director33 2023-09-01 2024-08-31 07726470 frs-bus:Director34 2023-09-01 2024-08-31 07726470 frs-bus:Director35 2023-09-01 2024-08-31 07726470 frs-bus:Director36 2023-09-01 2024-08-31 07726470 frs-core:CurrentFinancialInstruments 2 2024-08-31 07726470 frs-countries:EnglandWales 2023-09-01 2024-08-31 07726470 2022-08-31 07726470 2023-08-31 07726470 2022-09-01 2023-08-31 07726470 frs-core:CurrentFinancialInstruments 2023-08-31 07726470 frs-core:CapitalRedemptionReserve 2023-08-31 07726470 frs-core:ShareCapital 2023-08-31 07726470 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31 07726470 frs-bus:OrdinaryShareClass3 2022-09-01 2023-08-31 07726470 frs-core:CurrentFinancialInstruments 2 2023-08-31
Registered number: 07726470
Digital Works Consulting Ltd
Unaudited Financial Statements
For The Year Ended 31 August 2024
Ten Forward Accounting Ltd
Chartered Certified Accountants
Suite 2A, 7th Floor
City Reach, 5 Greenwich View Place
London
E14 9NN
Contents
Page
Statement of Financial Position 1
Notes to the Financial Statements 2—4
Page 1
Statement of Financial Position
Registered number: 07726470
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 20,696 33,045
20,696 33,045
CURRENT ASSETS
Debtors 5 334,731 246,149
Cash at bank and in hand 222,114 686,528
556,845 932,677
Creditors: Amounts Falling Due Within One Year 6 (528,258 ) (520,049 )
NET CURRENT ASSETS (LIABILITIES) 28,587 412,628
TOTAL ASSETS LESS CURRENT LIABILITIES 49,283 445,673
NET ASSETS 49,283 445,673
CAPITAL AND RESERVES
Called up share capital 7 3 3
Capital redemption reserve 83 83
Income Statement 49,197 445,587
SHAREHOLDERS' FUNDS 49,283 445,673
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 Income Statement.
On behalf of the board
Mr Andrew Salmon
Director
20 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
Digital Works Consulting Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 07726470 . The registered office is 1 Mountview Court, 310 Friern Barnet Lane, London, N20 0LD.
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. Research and Development
Expenditure on Research and Development (R&D) is written off in the year it is incurred.

The Research and Development Expenditure Credit (RDEC) is accounted for above the line in the profit and loss account in the year of expenditure.
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 basis:
Fixtures & Fittings 25% Straight Line Basis
Computer Equipment 25% Straight Line Basis
2.5. Financial Instruments
A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost
2.6. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position 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.
2.7. 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.
2.8. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the income statement, directors report, and notes to the financial statements relating to the income statement.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 18 (2023: 33)
18 33
Page 2
Page 3
4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 September 2023 2,018 71,593 73,611
Additions 335 6,017 6,352
Disposals (370 ) (12,269 ) (12,639 )
As at 31 August 2024 1,983 65,341 67,324
Depreciation
As at 1 September 2023 1,118 39,448 40,566
Provided during the period 502 14,355 14,857
Disposals (224 ) (8,571 ) (8,795 )
As at 31 August 2024 1,396 45,232 46,628
Net Book Value
As at 31 August 2024 587 20,109 20,696
As at 1 September 2023 900 32,145 33,045
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 182,720 78,992
Other debtors 70,095 73,192
Directors' loan accounts 81,916 93,965
334,731 246,149
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 19,197 29,303
Bank loans and overdrafts 27,279 -
Corporation tax 100,640 203,858
Other taxes and social security - 2,839
VAT 66,315 98,429
Other liabilities 57,956 43,282
Accruals and deferred income 2,953 5,000
Directors' loan accounts 103,918 137,338
Amounts owed to group undertakings 150,000 -
528,258 520,049
7. Share Capital
2024 2023
Allotted, called up and fully paid £ £
289 Ordinary B shares of £ 0.010 each 3 3
Page 3
Page 4
8. Directors Advances, Credits and Guarantees
During the year, the directors were advanced £103,132 and repaid £80,679. Interest at the approved HMRC rate has been applied to the loan. The balance at the year end is £ 81,916. £1,312 was repaid by 10 April 2025.
The above loans from the directors are unsecured and repayable on demand. 
9. Related Party Transactions
Digital Works Liverpool LtdThe company fully owns Digital Works Liverpool Ltd.During the year, the company was charged a management fee of £150,000 by Digital Works Liverpool Ltd (2023: £nil) . At year end, the company owed a balance of £150,000 (2023: nil) to Digital Works Liverpool Ltd.

Digital Works Liverpool Ltd

The company fully owns Digital Works Liverpool Ltd.

During the year, the company was charged a management fee of £150,000 by Digital Works Liverpool Ltd (2023: £nil) . At year end, the company owed a balance of £150,000 (2023: nil) to Digital Works Liverpool Ltd.

10. Ultimate Controlling Party
The company was not controlled by any one entity throughout the current and previous year.
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