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 08658094 Mr Gareth Hammond iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08658094 2023-08-31 08658094 2024-08-31 08658094 2023-09-01 2024-08-31 08658094 frs-core:CurrentFinancialInstruments 2024-08-31 08658094 frs-core:ComputerEquipment 2023-09-01 2024-08-31 08658094 frs-core:FurnitureFittings 2024-08-31 08658094 frs-core:FurnitureFittings 2023-09-01 2024-08-31 08658094 frs-core:FurnitureFittings 2023-08-31 08658094 frs-core:NetGoodwill 2024-08-31 08658094 frs-core:NetGoodwill 2023-09-01 2024-08-31 08658094 frs-core:NetGoodwill 2023-08-31 08658094 frs-core:PlantMachinery 2024-08-31 08658094 frs-core:PlantMachinery 2023-09-01 2024-08-31 08658094 frs-core:PlantMachinery 2023-08-31 08658094 frs-core:OtherReservesSubtotal 2024-08-31 08658094 frs-core:ShareCapital 2024-08-31 08658094 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 08658094 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 08658094 frs-bus:FilletedAccounts 2023-09-01 2024-08-31 08658094 frs-bus:SmallEntities 2023-09-01 2024-08-31 08658094 frs-bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 08658094 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 08658094 frs-bus:Director1 2023-09-01 2024-08-31 08658094 frs-countries:EnglandWales 2023-09-01 2024-08-31 08658094 2022-08-31 08658094 2023-08-31 08658094 2022-09-01 2023-08-31 08658094 frs-core:CurrentFinancialInstruments 2023-08-31 08658094 frs-core:OtherReservesSubtotal 2023-08-31 08658094 frs-core:ShareCapital 2023-08-31 08658094 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31
Registered number: 08658094
COSTSENSE SERVICES LTD
Unaudited Financial Statements
For The Year Ended 31 August 2024
BAINTON ACCOUNTANCY SERVICE
CIMA
Bainton Accouintancy Service
Elm Tree, Manor Close
Leatherhead
Surrey
KT24 6SB
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 08658094
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 317,740 317,740
Tangible Assets 5 6,749 11,066
324,489 328,806
CURRENT ASSETS
Debtors 6 3,398 (18,270 )
Cash at bank and in hand 200 3,012
3,598 (15,258 )
Creditors: Amounts Falling Due Within One Year 7 (343,725 ) (332,070 )
NET CURRENT ASSETS (LIABILITIES) (340,127 ) (347,328 )
TOTAL ASSETS LESS CURRENT LIABILITIES (15,638 ) (18,522 )
NET LIABILITIES (15,638 ) (18,522 )
CAPITAL AND RESERVES
Called up share capital 8 100 100
Other reserves 40,000 40,000
Profit and Loss Account (55,738 ) (58,622 )
SHAREHOLDERS' FUNDS (15,638) (18,522)
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 Gareth Hammond
Director
29/05/2025
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
COSTSENSE SERVICES LTD is a private company, limited by shares, incorporated in England & Wales, registered number 08658094 . The registered office is 3 Winchester Street, Office Suites, Whitchurch, Hampshire, RG28 7AH.
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 - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of .... years.
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:
Plant & Machinery Written off over useful life
Fixtures & Fittings Written off over useful life
Computer Equipment Written off over useful life
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Intangible Assets
Goodwill
£
Cost
As at 1 September 2023 317,740
As at 31 August 2024 317,740
Net Book Value
As at 31 August 2024 317,740
As at 1 September 2023 317,740
Page 2
Page 3
5. Tangible Assets
Plant & Machinery Fixtures & Fittings Total
£ £ £
Cost
As at 1 September 2023 21,588 2,894 24,482
As at 31 August 2024 21,588 2,894 24,482
Depreciation
As at 1 September 2023 10,522 2,894 13,416
Provided during the period 4,317 - 4,317
As at 31 August 2024 14,839 2,894 17,733
Net Book Value
As at 31 August 2024 6,749 - 6,749
As at 1 September 2023 11,066 - 11,066
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 3,112 (18,270 )
Other debtors 286 -
3,398 (18,270 )
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 4,517 517
Amounts owed to group undertakings 266,357 252,899
Other creditors 71,932 76,782
Taxation and social security 919 1,872
343,725 332,070
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 3