Acorah Software Products - Accounts Production 16.3.350 false true true 30 April 2024 21 November 2022 false 1 May 2024 31 October 2024 31 October 2024 14496929 Mr Alexander Williamson Ms Areeya Williamson Mr Alexander Williamson and Ms Areeya Williamson true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14496929 2024-04-30 14496929 2024-10-31 14496929 2024-05-01 2024-10-31 14496929 frs-core:CurrentFinancialInstruments 2024-10-31 14496929 frs-core:ComputerEquipment 2024-10-31 14496929 frs-core:ComputerEquipment 2024-05-01 2024-10-31 14496929 frs-core:ComputerEquipment 2024-04-30 14496929 frs-core:ShareCapital 2024-10-31 14496929 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31 14496929 frs-bus:PrivateLimitedCompanyLtd 2024-05-01 2024-10-31 14496929 frs-bus:FilletedAccounts 2024-05-01 2024-10-31 14496929 frs-bus:SmallEntities 2024-05-01 2024-10-31 14496929 frs-bus:AuditExempt-NoAccountantsReport 2024-05-01 2024-10-31 14496929 frs-bus:SmallCompaniesRegimeForAccounts 2024-05-01 2024-10-31 14496929 frs-bus:OrdinaryShareClass1 2024-05-01 2024-10-31 14496929 frs-bus:OrdinaryShareClass1 2024-10-31 14496929 frs-bus:OrdinaryShareClass3 2024-05-01 2024-10-31 14496929 frs-bus:OrdinaryShareClass3 2024-10-31 14496929 frs-bus:OrdinaryShareClass4 2024-05-01 2024-10-31 14496929 frs-bus:OrdinaryShareClass4 2024-10-31 14496929 1 2024-05-01 2024-10-31 14496929 frs-bus:Director1 2024-05-01 2024-10-31 14496929 frs-bus:Director2 2024-05-01 2024-10-31 14496929 frs-countries:EnglandWales 2024-05-01 2024-10-31 14496929 2022-11-20 14496929 2024-04-30 14496929 2022-11-21 2024-04-30 14496929 frs-core:CurrentFinancialInstruments 2024-04-30 14496929 frs-core:ShareCapital 2024-04-30 14496929 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 14496929 frs-bus:OrdinaryShareClass1 2022-11-21 2024-04-30 14496929 frs-bus:OrdinaryShareClass3 2022-11-21 2024-04-30 14496929 frs-bus:OrdinaryShareClass4 2022-11-21 2024-04-30
Registered number: 14496929
C3 Labs Ltd
Unaudited Financial Statements
For the Period 1 May 2024 to 31 October 2024
Ten Forward Accounting Ltd
Chartered Certified Accountants
Suite 2A, 7th Floor
City Reach, 5 Greenwich View Place
London
E14 9NN
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 14496929
31 October 2024 30 April 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 - 3,799
- 3,799
CURRENT ASSETS
Debtors 5 - 53,509
Cash at bank and in hand 5,222 41,320
5,222 94,829
Creditors: Amounts Falling Due Within One Year 6 (9,372 ) (21,723 )
NET CURRENT ASSETS (LIABILITIES) (4,150 ) 73,106
TOTAL ASSETS LESS CURRENT LIABILITIES (4,150 ) 76,905
NET (LIABILITIES)/ASSETS (4,150 ) 76,905
CAPITAL AND RESERVES
Called up share capital 7 102 102
Profit and Loss Account (4,252 ) 76,803
SHAREHOLDERS' FUNDS (4,150) 76,905
For the period ending 31 October 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 Alexander Williamson
Director
20 June 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
C3 Labs Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14496929 . The registered office is Suite 2a, 7th Floor, City Reach, 5 Greenwich View Place, London, E14 9NN.
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. Going Concern Disclosure
At the balance sheet date, the company's liabilities exceeded its assets. The company has received assurance from the directors that they will continue to give financial support to the company for the foreseeable future.
On this basis, the directors consider it appropriate to prepare the accounts on a going concern basis. However, should the financial support mentioned above not be forthcoming, the going concern basis used in preparing the company's accounts may be invalid and adjustments would have to be made to reduce the value of assets to their realisable amount and to provide for any further liabilities which might arise. The accounts do not include any adjustment to the company's assets or liabilities that might be necessary should this basis not continue to be appropriate.
2.3. 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.
2.4. 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:
Computer Equipment 25% Straight Line Basis
2.5. Financial Instruments
A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. 
Debt instruments are subsequently measured at amortised cost.
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.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 2 (2024: 2)
2 2
Page 2
Page 3
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 May 2024 5,945
Disposals (5,945 )
As at 31 October 2024 -
Depreciation
As at 1 May 2024 2,146
Provided during the period 479
Disposals (2,625 )
As at 31 October 2024 -
Net Book Value
As at 31 October 2024 -
As at 1 May 2024 3,799
5. Debtors
31 October 2024 30 April 2024
£ £
Due within one year
Other debtors - 50,000
Other taxes and social security - 3,509
- 53,509
6. Creditors: Amounts Falling Due Within One Year
31 October 2024 30 April 2024
£ £
Corporation tax 5,386 19,790
Other taxes and social security 1,741 -
Directors' loan accounts 2,245 1,933
9,372 21,723
7. Share Capital
31 October 2024 30 April 2024
Allotted, called up and fully paid £ £
100 Ordinary Shares of £ 1.00 each 100 100
1 Ordinary B shares of £ 1.00 each 1 1
1 Ordinary C shares of £ 1.00 each 1 1
102 102
8. Ultimate Controlling Party
The company's ultimate controlling party is Mr Alexander Williamson and Ms Areeya Williamson by virtue of his ownership of 100% of the issued share capital in the company.
Page 3