Acorah Software Products - Accounts Production 16.3.350 false true 30 September 2023 1 October 2022 false 1 October 2023 30 September 2024 30 September 2024 11372191 Mr Christopher Osborne iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11372191 2023-09-30 11372191 2024-09-30 11372191 2023-10-01 2024-09-30 11372191 frs-core:CurrentFinancialInstruments 2024-09-30 11372191 frs-core:ComputerEquipment 2024-09-30 11372191 frs-core:ComputerEquipment 2023-10-01 2024-09-30 11372191 frs-core:ComputerEquipment 2023-09-30 11372191 frs-core:FurnitureFittings 2024-09-30 11372191 frs-core:FurnitureFittings 2023-10-01 2024-09-30 11372191 frs-core:FurnitureFittings 2023-09-30 11372191 frs-core:ShareCapital 2024-09-30 11372191 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 11372191 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 11372191 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 11372191 frs-bus:SmallEntities 2023-10-01 2024-09-30 11372191 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 11372191 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 11372191 frs-core:UnlistedNon-exchangeTraded 2024-09-30 11372191 frs-core:UnlistedNon-exchangeTraded 2023-09-30 11372191 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-09-30 11372191 frs-core:AdditionsToInvestments frs-core:UnlistedNon-exchangeTraded 2024-09-30 11372191 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-09-30 11372191 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-09-30 11372191 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-09-30 11372191 frs-bus:Director1 2023-10-01 2024-09-30 11372191 frs-core:CurrentFinancialInstruments 2 2024-09-30 11372191 frs-core:CurrentFinancialInstruments 3 2024-09-30 11372191 frs-countries:EnglandWales 2023-10-01 2024-09-30 11372191 2022-09-30 11372191 2023-09-30 11372191 2022-10-01 2023-09-30 11372191 frs-core:CurrentFinancialInstruments 2023-09-30 11372191 frs-core:ShareCapital 2023-09-30 11372191 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30 11372191 frs-core:CurrentFinancialInstruments 2 2023-09-30 11372191 frs-core:CurrentFinancialInstruments 3 2023-09-30
Registered number: 11372191
Osborne Partners Limited
Unaudited Financial Statements
For The Year Ended 30 September 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 11372191
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 27,908 20,193
Investments 5 24,312 -
52,220 20,193
CURRENT ASSETS
Debtors 6 2,790,447 1,166,497
Cash at bank and in hand 38,256 150,557
2,828,703 1,317,054
Creditors: Amounts Falling Due Within One Year 7 (2,058,479 ) (1,038,691 )
NET CURRENT ASSETS (LIABILITIES) 770,224 278,363
TOTAL ASSETS LESS CURRENT LIABILITIES 822,444 298,556
PROVISIONS FOR LIABILITIES
Deferred Taxation (6,977 ) (3,840 )
NET ASSETS 815,467 294,716
CAPITAL AND RESERVES
Called up share capital 8 10 10
Profit and Loss Account 815,457 294,706
SHAREHOLDERS' FUNDS 815,467 294,716
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For the year ending 30 September 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 Christopher Osborne
Director
14/06/2025
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Osborne Partners Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11372191 . The registered office is 27 Throgmorton Street, London, EC2N 2AT.
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 rendering of services. Turnover is reduced for estimated customer rebates and other similar allowances.
Turnover from the rending of services is recognised by reference to the stage of completion of the contract which, in practice, matches the invoicing profile of each project.
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 Straight Line over 4 years
Computer Equipment Straight Line over 4 years
2.4. 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.
2.5. 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: 16 (2023: 13)
16 13
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4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 October 2023 10,185 70,900 81,085
Additions 3,352 20,969 24,321
Disposals - (3,874 ) (3,874 )
As at 30 September 2024 13,537 87,995 101,532
Depreciation
As at 1 October 2023 9,383 51,509 60,892
Provided during the period 1,174 12,538 13,712
Disposals - (980 ) (980 )
As at 30 September 2024 10,557 63,067 73,624
Net Book Value
As at 30 September 2024 2,980 24,928 27,908
As at 1 October 2023 802 19,391 20,193
5. Investments
Unlisted
£
Cost
As at 1 October 2023 -
Additions 24,312
As at 30 September 2024 24,312
Provision
As at 1 October 2023 -
As at 30 September 2024 -
Net Book Value
As at 30 September 2024 24,312
As at 1 October 2023 -
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 1,801,306 787,885
Prepayments and accrued income 103,358 31,175
Intercompany Loans 613,885 324,660
Office Deposit 83,172 22,320
Other debtor 8,557 -
Directors' loan accounts 180,169 457
2,790,447 1,166,497
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7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 103,975 22,767
Corporation tax 338,737 73,526
Other taxes and social security 316,285 73,623
Net wages - 20,681
Other creditors 49,729 15,141
Accruals and deferred income 119,991 235,192
Amounts owed to associates 1,129,762 597,761
2,058,479 1,038,691
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 10 10
9. Related Party Transactions
Osborne Partners Holdings Limited, which owns Osborne Partners Limited, owed £287,356 to the business at the end of the year (2023 : £324,66 owed to the business). This loan is unsecured, interest free and repayable on demand. 
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