Acorah Software Products - Accounts Production 16.3.350 false true 30 September 2023 1 April 2022 false 1 October 2023 30 September 2024 30 September 2024 06836029 Mr Stuart Horn Mr Naveen Stephen iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06836029 2023-09-30 06836029 2024-09-30 06836029 2023-10-01 2024-09-30 06836029 frs-core:CurrentFinancialInstruments 2024-09-30 06836029 frs-core:Non-currentFinancialInstruments 2024-09-30 06836029 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-10-01 2024-09-30 06836029 frs-core:FurnitureFittings 2024-09-30 06836029 frs-core:FurnitureFittings 2023-10-01 2024-09-30 06836029 frs-core:FurnitureFittings 2023-09-30 06836029 frs-core:OtherResidualIntangibleAssets 2024-09-30 06836029 frs-core:OtherResidualIntangibleAssets 2023-10-01 2024-09-30 06836029 frs-core:OtherResidualIntangibleAssets 2023-09-30 06836029 frs-core:CapitalRedemptionReserve 2024-09-30 06836029 frs-core:ShareCapital 2024-09-30 06836029 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 06836029 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 06836029 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 06836029 frs-bus:SmallEntities 2023-10-01 2024-09-30 06836029 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 06836029 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 06836029 frs-bus:Director1 2023-10-01 2024-09-30 06836029 frs-bus:Director1 2023-09-30 06836029 frs-bus:Director1 2024-09-30 06836029 frs-bus:Director2 2023-10-01 2024-09-30 06836029 frs-countries:EnglandWales 2023-10-01 2024-09-30 06836029 2022-03-31 06836029 2023-09-30 06836029 2022-04-01 2023-09-30 06836029 frs-core:CurrentFinancialInstruments 2023-09-30 06836029 frs-core:Non-currentFinancialInstruments 2023-09-30 06836029 frs-core:CapitalRedemptionReserve 2023-09-30 06836029 frs-core:ShareCapital 2023-09-30 06836029 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30
Registered number: 06836029
Cat 5 Communication 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: 06836029
30 September 2024 30 September 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 18,800 28,200
Tangible Assets 5 7,731 9,663
26,531 37,863
CURRENT ASSETS
Stocks 6 59,050 59,050
Debtors 7 99,281 132,949
Cash at bank and in hand 74,813 238,066
233,144 430,065
Creditors: Amounts Falling Due Within One Year 8 (192,235 ) (260,475 )
NET CURRENT ASSETS (LIABILITIES) 40,909 169,590
TOTAL ASSETS LESS CURRENT LIABILITIES 67,440 207,453
Creditors: Amounts Falling Due After More Than One Year 9 (66,000 ) (196,667 )
NET ASSETS 1,440 10,786
CAPITAL AND RESERVES
Called up share capital 10 250 250
Capital redemption reserve 150 150
Profit and Loss Account 1,040 10,386
SHAREHOLDERS' FUNDS 1,440 10,786
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Page 2
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 Naveen Stephen
Director
25 June 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
Cat 5 Communication Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06836029 . The registered office is 6 Whittons Lane, Towcester, Northamptonshire, NN12 6YZ.
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 lifetime licences. It is amortised to profit and loss account over its estimated economic life of 4 years.
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:
Fixtures & Fittings 20% reducing balance
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.
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.
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.
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3. Average Number of Employees
Average number of employees, including directors, during the year was: 8 (2023: 7)
8 7
4. Intangible Assets
Other
£
Cost
As at 1 October 2023 37,600
As at 30 September 2024 37,600
Amortisation
As at 1 October 2023 9,400
Provided during the period 9,400
As at 30 September 2024 18,800
Net Book Value
As at 30 September 2024 18,800
As at 1 October 2023 28,200
5. Tangible Assets
Fixtures & Fittings
£
Cost
As at 1 October 2023 38,247
As at 30 September 2024 38,247
Depreciation
As at 1 October 2023 28,584
Provided during the period 1,932
As at 30 September 2024 30,516
Net Book Value
As at 30 September 2024 7,731
As at 1 October 2023 9,663
6. Stocks
30 September 2024 30 September 2023
£ £
Stock 59,050 59,050
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7. Debtors
30 September 2024 30 September 2023
£ £
Due within one year
Trade debtors 5,089 6,304
Other debtors 94,192 126,645
99,281 132,949
8. Creditors: Amounts Falling Due Within One Year
30 September 2024 30 September 2023
£ £
Trade creditors - 13,200
Bank loans and overdrafts 82,333 74,000
Other creditors 37,259 110,492
Taxation and social security 72,643 62,783
192,235 260,475
9. Creditors: Amounts Falling Due After More Than One Year
30 September 2024 30 September 2023
£ £
Bank loans 66,000 156,667
Other creditors - 40,000
66,000 196,667
10. Share Capital
30 September 2024 30 September 2023
£ £
Allotted, Called up and fully paid 250 250
11. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 October 2023 Amounts advanced Amounts repaid Amounts written off As at 30 September 2024
£ £ £ £ £
Mr Naveen Stephen 69,721 49,409 (70,604 ) - 48,526
The above loan is unsecured and repayable on demand.
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