Acorah Software Products - Accounts Production 16.2.850 false true 30 September 2023 1 October 2022 false 1 October 2023 30 September 2024 30 September 2024 11261210 Mr Michael Clemens Mrs Hannah Clemens Mrs Lesley Clemens Mr Daniel Clemens iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11261210 2023-09-30 11261210 2024-09-30 11261210 2023-10-01 2024-09-30 11261210 frs-core:CurrentFinancialInstruments 2024-09-30 11261210 frs-core:ShareCapital 2024-09-30 11261210 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 11261210 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 11261210 frs-bus:SmallEntities 2023-10-01 2024-09-30 11261210 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 11261210 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 11261210 frs-bus:OrdinaryShareClass1 2023-10-01 2024-09-30 11261210 frs-bus:OrdinaryShareClass1 2024-09-30 11261210 frs-bus:OrdinaryShareClass2 2023-10-01 2024-09-30 11261210 frs-bus:OrdinaryShareClass2 2024-09-30 11261210 frs-bus:OrdinaryShareClass3 2023-10-01 2024-09-30 11261210 frs-bus:OrdinaryShareClass3 2024-09-30 11261210 frs-bus:OrdinaryShareClass4 2023-10-01 2024-09-30 11261210 frs-bus:OrdinaryShareClass4 2024-09-30 11261210 frs-bus:OrdinaryShareClass5 2023-10-01 2024-09-30 11261210 frs-bus:OrdinaryShareClass5 2024-09-30 11261210 frs-bus:Director1 2023-10-01 2024-09-30 11261210 frs-bus:Director2 2023-10-01 2024-09-30 11261210 frs-bus:Director3 2023-10-01 2024-09-30 11261210 frs-bus:Director4 2023-10-01 2024-09-30 11261210 frs-countries:EnglandWales 2023-10-01 2024-09-30 11261210 2022-09-30 11261210 2023-09-30 11261210 2022-10-01 2023-09-30 11261210 frs-core:CurrentFinancialInstruments 2023-09-30 11261210 frs-core:ShareCapital 2023-09-30 11261210 frs-bus:OrdinaryShareClass1 2022-10-01 2023-09-30 11261210 frs-bus:OrdinaryShareClass2 2022-10-01 2023-09-30 11261210 frs-bus:OrdinaryShareClass3 2022-10-01 2023-09-30 11261210 frs-bus:OrdinaryShareClass4 2022-10-01 2023-09-30 11261210 frs-bus:OrdinaryShareClass5 2022-10-01 2023-09-30
Registered number: 11261210
CLEMENS HOLDINGS LIMITED
Unaudited Financial Statements
For The Year Ended 30 September 2024
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 11261210
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Investments 4 250,075 250,075
250,075 250,075
Creditors: Amounts Falling Due Within One Year 5 (250,000 ) (250,000 )
NET CURRENT ASSETS (LIABILITIES) 75 75
TOTAL ASSETS LESS CURRENT LIABILITIES 75 75
NET ASSETS 75 75
CAPITAL AND RESERVES
Called up share capital 6 75 75
SHAREHOLDERS' FUNDS 75 75
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.
The financial statements were approved by the board of directors on 21 April 2025 and were signed on its behalf by:
Mr Michael Clemens
Director
21/04/2025
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
CLEMENS HOLDINGS LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 11261210 . The registered office is Unit 7, Vulcan House, Restmor Way, Wallington, Surrey, SM6 7AH.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
The company has taken advantage of the exemption under section 399 of the Companies Act 2006 not to prepare consolidated accounts, on the basis that the group of which this is the parent qualifies as a small group. The financial statements present information about the company as an individual entity and not about its group.
2.2. Significant judgements and estimations
In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
2.3. Financial Instruments
The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net asis or to realise the asset and settle the liability simultaneously.
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. 
Financial assets classified as receivable within one year are not amortised.
Classification of financial liabilities
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
Basic financial liabilities
Basic financial liabilities, including creditors and loans from fellow group companies, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Equity instruments
Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.
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Page 3
2.4. Fixed asset investments
Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.
A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2023: 3)
3 3
4. Current Asset Investments
2024 2023
£ £
Shares in subsidiaries 250,075 250,075
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Amounts owed to group undertakings 250,000 250,000
6. Share Capital
2024 2023
Allotted, called up and fully paid £ £
69 Ordinary Shares of £ 1.00 each 69 69
1 Ordinary A shares of £ 1.00 each 1 1
1 Ordinary B shares of £ 1.00 each 1 1
2 Ordinary C shares of £ 1.00 each 2 2
2 Ordinary D shares of £ 1.00 each 2 2
75 75
7. Related Party Transactions
The company has taken advantage of the exemption available in accordance with FRS 102, section 33 'Related party disclosures' not to disclose transactions entered into between two or more members of a group, provided that any subsidiary which is a party to the transaction is wholly owned by such a member.
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