Acorah Software Products - Accounts Production 16.3.350 false true 31 July 2024 1 August 2023 false 1 August 2024 31 March 2025 31 March 2025 02822637 Mr Tony Grew Mrs Debra Grew iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 02822637 2024-07-31 02822637 2025-03-31 02822637 2024-08-01 2025-03-31 02822637 frs-core:FurnitureFittings 2024-08-01 2025-03-31 02822637 frs-core:ShareCapital 2025-03-31 02822637 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 02822637 frs-bus:PrivateLimitedCompanyLtd 2024-08-01 2025-03-31 02822637 frs-bus:AbridgedAccounts 2024-08-01 2025-03-31 02822637 frs-bus:SmallEntities 2024-08-01 2025-03-31 02822637 frs-bus:AuditExempt-NoAccountantsReport 2024-08-01 2025-03-31 02822637 frs-bus:SmallCompaniesRegimeForAccounts 2024-08-01 2025-03-31 02822637 frs-bus:Director1 2024-08-01 2025-03-31 02822637 frs-bus:CompanySecretary1 2024-08-01 2025-03-31 02822637 frs-countries:EnglandWales 2024-08-01 2025-03-31 02822637 2023-07-31 02822637 2024-07-31 02822637 2023-08-01 2024-07-31 02822637 frs-core:ShareCapital 2024-07-31 02822637 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31
Registered number: 02822637
Grew Financial Services Limited
Unaudited ABRIDGED Financial Statements
For the Period 1 August 2024 to 31 March 2025
Joshua Leigh & Co Ltd
Chartered Accountants
159 High Street
Barnet
Hertfordshire
EN5 5SU
Contents
Page
Abridged Balance Sheet 1
Notes to the Abridged Financial Statements 2—3
Page 1
Abridged Balance Sheet
Registered number: 02822637
31 March 2025 31 July 2024
Notes £ £ £ £
FIXED ASSETS
CURRENT ASSETS
Cash at bank and in hand 452,582 453,985
452,582 453,985
Creditors: Amounts Falling Due Within One Year (357,148 ) (335,538 )
NET CURRENT ASSETS (LIABILITIES) 95,434 118,447
TOTAL ASSETS LESS CURRENT LIABILITIES 95,434 118,447
NET ASSETS 95,434 118,447
CAPITAL AND RESERVES
Called up share capital 100 100
Profit and Loss Account 95,334 118,347
SHAREHOLDERS' FUNDS 95,434 118,447
For the period ending 31 March 2025 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.
All of the company's members have consented to the preparation of an Abridged Balance Sheet for the year end 31 March 2025 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr Tony Grew
Director
12 June 2025
The notes on page 2 form part of these financial statements.
Page 1
Page 2
Notes to the Abridged Financial Statements
1. General Information
Grew Financial Services Limited is a private company, limited by shares, incorporated in England & Wales, registered number 02822637 . The registered office is 16 Daleside, Gerrards Cross, Bucks, SL6 7JE.
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. 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:
Fixtures & Fittings 20% - reducing balance
2.4. 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.
Current and deferred tax are recognised in profit or loss for the period, 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 period was: 2 (2024: 2)
2 2
4. Tangible Assets
Total
£
Cost
As at 1 August 2024 13,592
As at 31 March 2025 13,592
Depreciation
As at 1 August 2024 13,592
As at 31 March 2025 13,592
...CONTINUED
Page 2
Page 3
Net Book Value
As at 31 March 2025 -
As at 1 August 2024 -
Page 3