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 09098428 Gary Ecob Christopher Gregory James Grenfell Thomas McCarthy Angus Russell Shahid Zaki iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09098428 2023-12-31 09098428 2024-12-31 09098428 2024-01-01 2024-12-31 09098428 frs-core:CurrentFinancialInstruments 2024-12-31 09098428 frs-core:NetGoodwill 2024-12-31 09098428 frs-core:NetGoodwill 2024-01-01 2024-12-31 09098428 frs-core:NetGoodwill 2023-12-31 09098428 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-12-31 09098428 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-01-01 2024-12-31 09098428 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-12-31 09098428 frs-core:PlantMachinery 2024-12-31 09098428 frs-core:PlantMachinery 2024-01-01 2024-12-31 09098428 frs-core:PlantMachinery 2023-12-31 09098428 frs-core:CapitalRedemptionReserve 2024-12-31 09098428 frs-core:ShareCapital 2024-12-31 09098428 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 09098428 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 09098428 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 09098428 frs-bus:SmallEntities 2024-01-01 2024-12-31 09098428 frs-bus:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 09098428 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 09098428 frs-core:UnlistedNon-exchangeTraded 2024-12-31 09098428 frs-core:UnlistedNon-exchangeTraded 2023-12-31 09098428 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-12-31 09098428 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-12-31 09098428 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-12-31 09098428 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-12-31 09098428 frs-bus:Director1 2024-01-01 2024-12-31 09098428 frs-bus:Director2 2024-01-01 2024-12-31 09098428 frs-bus:Director3 2024-01-01 2024-12-31 09098428 frs-bus:Director4 2024-01-01 2024-12-31 09098428 frs-bus:Director5 2024-01-01 2024-12-31 09098428 frs-bus:Director6 2024-01-01 2024-12-31 09098428 frs-countries:EnglandWales 2024-01-01 2024-12-31 09098428 2022-12-31 09098428 2023-12-31 09098428 2023-01-01 2023-12-31 09098428 frs-core:CurrentFinancialInstruments 2023-12-31 09098428 frs-core:CapitalRedemptionReserve 2023-12-31 09098428 frs-core:ShareCapital 2023-12-31 09098428 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 09098428
Clairfield Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
Contents
Page
Accountant's Report 1
Balance Sheet 2—3
Notes to the Financial Statements 4—6
Page 1
Accountant's Report
Report to the directors on the preparation of the unaudited statutory accounts of Clairfield Limited for the year ended 31 December 2024
To assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the accounts of Clairfield Limited which comprise the Profit and Loss Account, the Balance Sheet and the related notes, from the company’s accounting records and from information and explanations you have given us.
As a practising member of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.
This report is made to the directors of Clairfield Limited , as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Clairfield Limited and state those matters that we have agreed to state to the directors of Clairfield Limited , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Clairfield Limited and its directors as a body for our work or for this report.
It is your duty to ensure that Clairfield Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Clairfield Limited . You consider that Clairfield Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Clairfield Limited . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
Signed
3 June 2025
Krowe Accountants
Grafton House
Bulls Head Yard
Alcester
Warwickshire
B49 5BX
Page 1
Page 2
Balance Sheet
Registered number: 09098428
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 111,921 133,320
Investments 6 43,536 43,536
155,457 176,856
CURRENT ASSETS
Debtors 7 389,104 373,706
Cash at bank and in hand 1,365,945 628,285
1,755,049 1,001,991
Creditors: Amounts Falling Due Within One Year 8 (547,477 ) (244,242 )
NET CURRENT ASSETS (LIABILITIES) 1,207,572 757,749
TOTAL ASSETS LESS CURRENT LIABILITIES 1,363,029 934,605
PROVISIONS FOR LIABILITIES
Deferred Taxation (17,748 ) (22,355 )
NET ASSETS 1,345,281 912,250
CAPITAL AND RESERVES
Called up share capital 9 78 78
Capital redemption reserve 25 25
Profit and Loss Account 1,345,178 912,147
SHAREHOLDERS' FUNDS 1,345,281 912,250
Page 2
Page 3
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
Gary Ecob
Director
3 June 2025
The notes on pages 4 to 6 form part of these financial statements.
Page 3
Page 4
Notes to the Financial Statements
1. General Information
Clairfield Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09098428 . The registered office is One Temple Row, Birmingham, B2 5LG.
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 comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
Acquired goodwill is stated at cost less amortisation. 
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives.
Leasehold 15% Straight Line
Plant & Machinery 33.3% Straight Line
2.5. Foreign Currencies
Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rate of exchange ruling at the statement of financial position date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All foreign exchange differences are included to the income statement.
2.6. 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 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 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 assets reflect 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.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 20 (2023: 19)
20 19
Page 4
Page 5
4. Intangible Assets
Goodwill
£
Cost
As at 1 January 2024 2,750,000
As at 31 December 2024 2,750,000
Amortisation
As at 1 January 2024 2,750,000
As at 31 December 2024 2,750,000
Net Book Value
As at 31 December 2024 -
As at 1 January 2024 -
5. Tangible Assets
Land & Property
Leasehold Plant & Machinery Total
£ £ £
Cost
As at 1 January 2024 137,494 66,176 203,670
Additions 5,156 11,378 16,534
As at 31 December 2024 142,650 77,554 220,204
Depreciation
As at 1 January 2024 20,624 49,726 70,350
Provided during the period 28,530 9,403 37,933
As at 31 December 2024 49,154 59,129 108,283
Net Book Value
As at 31 December 2024 93,496 18,425 111,921
As at 1 January 2024 116,870 16,450 133,320
6. Investments
Unlisted
£
Cost
As at 1 January 2024 43,536
As at 31 December 2024 43,536
Provision
As at 1 January 2024 -
As at 31 December 2024 -
Net Book Value
As at 31 December 2024 43,536
As at 1 January 2024 43,536
Page 5
Page 6
7. Debtors
2024 2023
£ £
Due within one year
Trade debtors 295,928 244,852
Other debtors 93,176 128,854
389,104 373,706
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 23,525 40,828
Other creditors 68,802 90,277
Taxation and social security 455,150 113,137
547,477 244,242
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 78 78
Page 6