Acorah Software Products - Accounts Production 16.3.350 false true true 31 October 2023 1 November 2022 false 1 November 2023 31 October 2024 31 October 2024 02967748 T R Aldrich T R Aldrich iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 02967748 frs-core:CurrentFinancialInstruments frs-core:WithinOneYear 2024-10-31 02967748 frs-core:Non-currentFinancialInstruments frs-core:BetweenOneFiveYears 2024-10-31 02967748 2023-10-31 02967748 2024-10-31 02967748 2023-11-01 2024-10-31 02967748 frs-core:CurrentFinancialInstruments 2024-10-31 02967748 frs-core:Non-currentFinancialInstruments 2024-10-31 02967748 frs-core:ComputerEquipment 2024-10-31 02967748 frs-core:ComputerEquipment 2023-11-01 2024-10-31 02967748 frs-core:ComputerEquipment 2023-10-31 02967748 frs-core:FurnitureFittings 2024-10-31 02967748 frs-core:FurnitureFittings 2023-11-01 2024-10-31 02967748 frs-core:FurnitureFittings 2023-10-31 02967748 frs-core:MotorVehicles 2024-10-31 02967748 frs-core:MotorVehicles 2023-11-01 2024-10-31 02967748 frs-core:MotorVehicles 2023-10-31 02967748 frs-core:PlantMachinery 2023-11-01 2024-10-31 02967748 frs-core:ShareCapital 2024-10-31 02967748 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31 02967748 frs-bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 02967748 frs-bus:FilletedAccounts 2023-11-01 2024-10-31 02967748 frs-bus:SmallEntities 2023-11-01 2024-10-31 02967748 frs-bus:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 02967748 frs-bus:SmallCompaniesRegimeForAccounts 2023-11-01 2024-10-31 02967748 frs-bus:OrdinaryShareClass1 2023-11-01 2024-10-31 02967748 frs-bus:OrdinaryShareClass1 2024-10-31 02967748 frs-bus:Director1 2023-11-01 2024-10-31 02967748 frs-bus:CompanySecretary1 2023-11-01 2024-10-31 02967748 frs-core:CurrentFinancialInstruments 1 2024-10-31 02967748 frs-countries:EnglandWales 2023-11-01 2024-10-31 02967748 frs-core:CurrentFinancialInstruments frs-core:WithinOneYear 2023-10-31 02967748 frs-core:Non-currentFinancialInstruments frs-core:BetweenOneFiveYears 2023-10-31 02967748 2022-10-31 02967748 2023-10-31 02967748 2022-11-01 2023-10-31 02967748 frs-core:CurrentFinancialInstruments 2023-10-31 02967748 frs-core:Non-currentFinancialInstruments 2023-10-31 02967748 frs-core:ShareCapital 2023-10-31 02967748 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31 02967748 frs-bus:OrdinaryShareClass1 2022-11-01 2023-10-31 02967748 frs-core:CurrentFinancialInstruments 1 2023-10-31 02967748 frs-core:CurrentFinancialInstruments 2 2023-10-31
Registered number: 02967748
Chaumont Ltd
Unaudited Financial Statements
For The Year Ended 31 October 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 02967748
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 16,061 14,892
Investment Properties 5 52,589 52,589
68,650 67,481
CURRENT ASSETS
Debtors 6 76,273 130,191
Cash at bank and in hand 53,232 9,051
129,505 139,242
Creditors: Amounts Falling Due Within One Year 7 (45,624 ) (42,507 )
NET CURRENT ASSETS (LIABILITIES) 83,881 96,735
TOTAL ASSETS LESS CURRENT LIABILITIES 152,531 164,216
Creditors: Amounts Falling Due After More Than One Year 8 (9,334 ) (25,333 )
NET ASSETS 143,197 138,883
CAPITAL AND RESERVES
Called up share capital 10 1,000,000 1,000,000
Profit and Loss Account (856,803 ) (861,117 )
SHAREHOLDERS' FUNDS 143,197 138,883
Page 1
Page 2
For the year ending 31 October 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
T R Aldrich
Director
2 June 2025
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Chaumont Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 02967748 . The registered office is 7 Bell Yard, London, WC2A 2JR.
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. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. 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.
2.4. 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 20% reducing balance
Motor Vehicles 20% reducing balance
Fixtures & Fittings 20% reducing balance
Computer Equipment 20% reducing balance
2.5. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
2.6. Cash and Cash Equivalents
Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks, other short-term highly liquid investments that mature in no more than three months from the date of acquisition and are readily convertible to a known amount of cash with insignificant risk of change in value, and bank overdrafts.
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2.7. Financial Instruments
The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other
Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the company's balance sheet when the company becomes party to the
contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a
legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to
realise the asset and settle the liability simultaneously.
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price
including transaction costs and are subsequently carried at amortised cost using the effective interest method unless
the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the
future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not
amortised.
Classification of financial liabilities
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements
entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after
deducting all of its liabilities.
Basic financial liabilities
Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that
are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing
transaction, where the debt instrument is measured at the present value of the future payments discounted at a
market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business
from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not,
they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and
subsequently measured at amortised cost using the effective interest method.
2.8. Employee Benefits
The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock of fixed assets.
2.9. Equity instruments
Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs.
Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion
of the company.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Tangible Assets
Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 November 2023 8,724 22,927 9,784 41,435
Additions - 290 4,894 5,184
As at 31 October 2024 8,724 23,217 14,678 46,619
Depreciation
As at 1 November 2023 8,723 13,453 4,367 26,543
Provided during the period - 1,953 2,062 4,015
As at 31 October 2024 8,723 15,406 6,429 30,558
...CONTINUED
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Page 5
Net Book Value
As at 31 October 2024 1 7,811 8,249 16,061
As at 1 November 2023 1 9,474 5,417 14,892
5. Investment Property
2024
£
Fair Value
As at 1 November 2023 and 31 October 2024 52,589
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 43,619 90,673
Other debtors 22,719 32,719
VAT recoverable 8,844 799
Director's loan account 1,091 6,000
76,273 130,191
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 25,716 20,842
Bank loans and overdrafts 16,000 16,000
PAYE control account 1,505 3,275
Other creditors 1,403 1,150
Accruals 1,000 1,000
Other accruals - 240
45,624 42,507
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 9,334 25,333
9. Loans
An analysis of the maturity of loans is given below:
2024 2023
£ £
Amounts falling due within one year or on demand:
Bank loans 16,000 16,000
2024 2023
£ £
Amounts falling due between one and five years:
Bank loans 9,334 25,333
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10. Share Capital
2024 2023
Allotted, called up and fully paid £ £
1,000,000 Ordinary Shares of £ 1.00 each 1,000,000 1,000,000
Page 6