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 11402693 Mr Martin Holden-White Mr James Hamilton Mrs Jenny Linney iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11402693 2023-12-31 11402693 2024-12-31 11402693 2024-01-01 2024-12-31 11402693 frs-core:CurrentFinancialInstruments 2024-12-31 11402693 frs-core:ComputerEquipment 2024-12-31 11402693 frs-core:ComputerEquipment 2024-01-01 2024-12-31 11402693 frs-core:ComputerEquipment 2023-12-31 11402693 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-01-01 2024-12-31 11402693 frs-core:FurnitureFittings 2024-12-31 11402693 frs-core:FurnitureFittings 2024-01-01 2024-12-31 11402693 frs-core:FurnitureFittings 2023-12-31 11402693 frs-core:OtherResidualIntangibleAssets 2024-12-31 11402693 frs-core:OtherResidualIntangibleAssets 2024-01-01 2024-12-31 11402693 frs-core:OtherResidualIntangibleAssets 2023-12-31 11402693 frs-core:PlantMachinery 2024-12-31 11402693 frs-core:PlantMachinery 2024-01-01 2024-12-31 11402693 frs-core:PlantMachinery 2023-12-31 11402693 frs-core:SharePremium 2024-12-31 11402693 frs-core:ShareCapital 2024-12-31 11402693 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 11402693 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 11402693 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 11402693 frs-bus:SmallEntities 2024-01-01 2024-12-31 11402693 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 11402693 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 11402693 frs-bus:Director1 2024-01-01 2024-12-31 11402693 frs-bus:Director2 2024-01-01 2024-12-31 11402693 frs-bus:Director3 2024-01-01 2024-12-31 11402693 frs-countries:EnglandWales 2024-01-01 2024-12-31 11402693 2022-12-31 11402693 2023-12-31 11402693 2023-01-01 2023-12-31 11402693 frs-core:CurrentFinancialInstruments 2023-12-31 11402693 frs-core:SharePremium 2023-12-31 11402693 frs-core:ShareCapital 2023-12-31 11402693 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 11402693
Grubby Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2024
Case Accountancy and Bookkeeping Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 11402693
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 88,286 90,814
Tangible Assets 5 2,783 15,694
91,069 106,508
CURRENT ASSETS
Stocks 6 187,827 271,352
Debtors 7 142,774 155,910
Cash at bank and in hand 701,724 393,172
1,032,325 820,434
Creditors: Amounts Falling Due Within One Year 8 (334,029 ) (413,747 )
NET CURRENT ASSETS (LIABILITIES) 698,296 406,687
TOTAL ASSETS LESS CURRENT LIABILITIES 789,365 513,195
NET ASSETS 789,365 513,195
CAPITAL AND RESERVES
Called up share capital 9 16 9
Share premium account 6,277,058 5,375,945
Profit and Loss Account (5,487,709 ) (4,862,759 )
SHAREHOLDERS' FUNDS 789,365 513,195
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Page 2
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
Mr Martin Holden-White
Director
23/05/2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Grubby Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11402693 . The registered office is 14 Borrowcop Lane, Lichfield, WS14 9DF.
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. Intangible Fixed Assets and Amortisation - Other Intangible
Other Intangible assets are stated in the accounts at cost on project completion, less accumulated amortisation and any accumulated impairment losses. It is amortised to the profit and loass account over its estimated economic life which is evaluated and applied on a project by project basis.
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 25% Reducing Balance
Fixtures & Fittings 20% Reducing Balance
Computer Equipment 25% Reducing Balance
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2.5. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 13 (2023: 11)
13 11
4. Intangible Assets
Other
£
Cost
As at 1 January 2024 102,451
Additions 32,499
As at 31 December 2024 134,950
Amortisation
As at 1 January 2024 11,637
Provided during the period 35,027
As at 31 December 2024 46,664
Net Book Value
As at 31 December 2024 88,286
As at 1 January 2024 90,814
5. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 January 2024 20,884 5,907 4,922 31,713
Additions - - 357 357
Disposals (20,884 ) (4,400 ) (1,741 ) (27,025 )
As at 31 December 2024 - 1,507 3,538 5,045
Depreciation
As at 1 January 2024 13,007 1,517 1,495 16,019
Provided during the period - 716 862 1,578
Disposals (13,007 ) (1,642 ) (686 ) (15,335 )
As at 31 December 2024 - 591 1,671 2,262
...CONTINUED
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Net Book Value
As at 31 December 2024 - 916 1,867 2,783
As at 1 January 2024 7,877 4,390 3,427 15,694
6. Stocks
2024 2023
£ £
Stock 220,827 271,352
Provision of Stock (33,000 ) -
187,827 271,352
7. Debtors
2024 2023
£ £
Due within one year
Trade debtors - 3,310
Prepayments and accrued income 8,621 10,315
Other debtors 70,825 57,096
VAT 63,328 85,189
142,774 155,910
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 220,536 322,853
Other taxes and social security 32,960 19,675
Other creditors 2,904 2,524
Accruals and deferred income 62,156 53,222
Directors' loan accounts 15,473 15,473
334,029 413,747
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 16 9
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