Acorah Software Products - Accounts Production 16.3.350 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 04992319 Mr Robert Withey Mr Warren Hancorn Mr Pieter Van Essen Mr Robert Withey iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04992319 2023-12-31 04992319 2024-12-31 04992319 2024-01-01 2024-12-31 04992319 frs-core:CurrentFinancialInstruments 2024-12-31 04992319 frs-core:CopyrightsPatentsTrademarksServiceOperatingRights 2024-12-31 04992319 frs-core:CopyrightsPatentsTrademarksServiceOperatingRights 2024-01-01 2024-12-31 04992319 frs-core:CopyrightsPatentsTrademarksServiceOperatingRights 2023-12-31 04992319 frs-core:FurnitureFittings 2024-01-01 2024-12-31 04992319 frs-core:PlantMachinery 2024-01-01 2024-12-31 04992319 frs-core:ShareCapital 2024-12-31 04992319 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 04992319 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 04992319 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 04992319 frs-bus:SmallEntities 2024-01-01 2024-12-31 04992319 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 04992319 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 04992319 frs-core:CostValuation 2023-12-31 04992319 frs-core:RevaluationsIncreaseDecreaseInInvestments 2024-12-31 04992319 frs-core:CostValuation 2024-12-31 04992319 frs-core:ProvisionsForImpairmentInvestments 2023-12-31 04992319 frs-core:ProvisionsForImpairmentInvestments 2024-12-31 04992319 frs-bus:Director1 2024-01-01 2024-12-31 04992319 frs-bus:Director2 2024-01-01 2024-12-31 04992319 frs-bus:Director3 2024-01-01 2024-12-31 04992319 frs-bus:CompanySecretary1 2024-01-01 2024-12-31 04992319 frs-countries:EnglandWales 2024-01-01 2024-12-31 04992319 2022-12-31 04992319 2023-12-31 04992319 2023-01-01 2023-12-31 04992319 frs-core:CurrentFinancialInstruments 2023-12-31 04992319 frs-core:ShareCapital 2023-12-31 04992319 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 04992319
Automatic Choice International Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
MKL Accountants Limited
Chartered Certified Accountants
Herston Cross House
230 High Street
Swanage
Dorset
BH19 2PQ
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 04992319
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 30,000 30,000
Investments 5 383,549 362,469
413,549 392,469
CURRENT ASSETS
Debtors 6 - 32
Cash at bank and in hand 50,265 59,521
50,265 59,553
Creditors: Amounts Falling Due Within One Year 7 (10,062 ) (4,746 )
NET CURRENT ASSETS (LIABILITIES) 40,203 54,807
TOTAL ASSETS LESS CURRENT LIABILITIES 453,752 447,276
NET ASSETS 453,752 447,276
CAPITAL AND RESERVES
Called up share capital 8 120 120
Profit and Loss Account 453,632 447,156
SHAREHOLDERS' FUNDS 453,752 447,276
Page 1
Page 2
For the year ending 31 December 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 Robert Withey
Director
06/06/2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Automatic Choice International Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04992319 . The registered office is Herston Cross House, 230 High Street, Swanage, Dorset, BH19 2PQ.
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 - Intellectual Property
Intellectual property assets are in respect of catalogue and website acquisition. No amortisation is charged to the Profit and Loss account.
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 25% Reducing Balance Method
Fixtures & Fittings 25% Reducing Balance Method
2.5. Foreign Currencies
Monetary 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2023: 3)
3 3
Page 3
Page 4
4. Intangible Assets
Intellectual Property
£
Cost
As at 1 January 2024 30,000
As at 31 December 2024 30,000
Net Book Value
As at 31 December 2024 30,000
As at 1 January 2024 30,000
5. Investments
Subsidiaries
£
Cost
As at 1 January 2024 362,469
Revaluations 21,080
As at 31 December 2024 383,549
Provision
As at 1 January 2024 -
As at 31 December 2024 -
Net Book Value
As at 31 December 2024 383,549
As at 1 January 2024 362,469
The company has recognised the value of the investment in the 30% owned subsidiary Automatic Choice S.L.  The valuation is based on the recorded equity figure from the published accounts to 31st December 2024.
6. Debtors
2024 2023
£ £
Due within one year
VAT - 32
Page 4
Page 5
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 7,647 3,556
VAT 1,165 -
Other creditors 1,250 1,190
10,062 4,746
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 120 120
Page 5