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 4136459 Mrs Nancy McGrath Mrs Jill Britton iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 4136459 2023-12-31 4136459 2024-12-31 4136459 2024-01-01 2024-12-31 4136459 frs-core:CurrentFinancialInstruments 2024-12-31 4136459 frs-core:ComputerEquipment 2024-12-31 4136459 frs-core:ComputerEquipment 2024-01-01 2024-12-31 4136459 frs-core:ComputerEquipment 2023-12-31 4136459 frs-core:FurnitureFittings 2024-12-31 4136459 frs-core:FurnitureFittings 2024-01-01 2024-12-31 4136459 frs-core:FurnitureFittings 2023-12-31 4136459 frs-core:ShareCapital 2024-12-31 4136459 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 4136459 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 4136459 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 4136459 frs-bus:SmallEntities 2024-01-01 2024-12-31 4136459 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 4136459 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 4136459 frs-bus:Director1 2024-01-01 2024-12-31 4136459 frs-bus:Director2 2024-01-01 2024-12-31 4136459 frs-countries:EnglandWales 2024-01-01 2024-12-31 4136459 2022-12-31 4136459 2023-12-31 4136459 2023-01-01 2023-12-31 4136459 frs-core:CurrentFinancialInstruments 2023-12-31 4136459 frs-core:ShareCapital 2023-12-31 4136459 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 4136459
Britton McGrath Associates Limited
Financial Statements
For The Year Ended 31 December 2024
Nickleson & Co
7 Ludlow Road
London
W5 1NX
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 4136459
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 6,096 7,033
6,096 7,033
CURRENT ASSETS
Stocks 5 - 3,610
Debtors 6 32,663 27,971
Cash at bank and in hand 64,692 44,649
97,355 76,230
Creditors: Amounts Falling Due Within One Year 7 (81,785 ) (66,859 )
NET CURRENT ASSETS (LIABILITIES) 15,570 9,371
TOTAL ASSETS LESS CURRENT LIABILITIES 21,666 16,404
NET ASSETS 21,666 16,404
CAPITAL AND RESERVES
Called up share capital 8 102 102
Profit and Loss Account 21,564 16,302
SHAREHOLDERS' FUNDS 21,666 16,404
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
Mrs Nancy McGrath
Director
23rd May 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
Britton McGrath Associates Limited Registered number 4136459 is a limited by shares company incorporated in England & Wales. The Registered Office is 7 Ludlow Road, London, W5 1NX.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
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. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. 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:
Fixtures & Fittings 25% reducing balance basis
Computer Equipment 25% reducing balance basis
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.5. Taxation
The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.
2.6. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 January 2024 21,076 32,371 53,447
Additions 920 175 1,095
As at 31 December 2024 21,996 32,546 54,542
Depreciation
As at 1 January 2024 19,208 27,206 46,414
Provided during the period 697 1,335 2,032
As at 31 December 2024 19,905 28,541 48,446
...CONTINUED
Page 2
Page 3
Net Book Value
As at 31 December 2024 2,091 4,005 6,096
As at 1 January 2024 1,868 5,165 7,033
5. Stocks
2024 2023
£ £
Work in progress - 3,610
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 32,139 27,851
Prepayments and accrued income 524 120
32,663 27,971
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 3,547 68
Corporation tax 13,868 13,698
Other taxes and social security 21,126 7,997
VAT 26,978 21,630
Accruals 2,916 9,900
Directors' loan accounts 13,350 13,566
81,785 66,859
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 102 102
9. Directors Advances, Credits and Guarantees
Dividends paid to directors
10. Dividends
2024 2023
£ £
On equity shares:
Final dividend paid 40,000 40,000
Page 3