Acorah Software Products - Accounts Production 16.2.850 false true 29 September 2023 30 September 2022 false 30 September 2023 29 September 2024 29 September 2024 03216634 Mr Jonathan Dobinson Mr Alexander Fea Ms Deborah Dobinson Ms Deborah Dobinson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 03216634 2023-09-29 03216634 2024-09-29 03216634 2023-09-30 2024-09-29 03216634 frs-core:CurrentFinancialInstruments 2024-09-29 03216634 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-09-30 2024-09-29 03216634 frs-core:FurnitureFittings 2024-09-29 03216634 frs-core:FurnitureFittings 2023-09-30 2024-09-29 03216634 frs-core:FurnitureFittings 2023-09-29 03216634 frs-core:OtherResidualIntangibleAssets 2024-09-29 03216634 frs-core:OtherResidualIntangibleAssets 2023-09-29 03216634 frs-core:PlantMachinery 2024-09-29 03216634 frs-core:PlantMachinery 2023-09-30 2024-09-29 03216634 frs-core:PlantMachinery 2023-09-29 03216634 frs-core:ShareCapital 2024-09-29 03216634 frs-core:RetainedEarningsAccumulatedLosses 2024-09-29 03216634 frs-bus:PrivateLimitedCompanyLtd 2023-09-30 2024-09-29 03216634 frs-bus:FilletedAccounts 2023-09-30 2024-09-29 03216634 frs-bus:SmallEntities 2023-09-30 2024-09-29 03216634 frs-bus:AuditExempt-NoAccountantsReport 2023-09-30 2024-09-29 03216634 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-30 2024-09-29 03216634 frs-bus:Director1 2023-09-30 2024-09-29 03216634 frs-bus:Director1 2023-09-29 03216634 frs-bus:Director1 2024-09-29 03216634 frs-bus:Director2 2023-09-30 2024-09-29 03216634 frs-bus:Director3 2023-09-30 2024-09-29 03216634 frs-bus:Director3 2023-09-29 03216634 frs-bus:Director3 2024-09-29 03216634 frs-bus:CompanySecretary1 2023-09-30 2024-09-29 03216634 frs-countries:EnglandWales 2023-09-30 2024-09-29 03216634 2022-09-29 03216634 2023-09-29 03216634 2022-09-30 2023-09-29 03216634 frs-core:CurrentFinancialInstruments 2023-09-29 03216634 frs-core:ShareCapital 2023-09-29 03216634 frs-core:RetainedEarningsAccumulatedLosses 2023-09-29
Registered number: 03216634
Other Creative Limited
Unaudited Financial Statements
For The Year Ended 29 September 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 03216634
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 5,244 4,256
5,244 4,256
CURRENT ASSETS
Debtors 6 140,435 142,945
Cash at bank and in hand 58,476 8,189
198,911 151,134
Creditors: Amounts Falling Due Within One Year 7 (11,753 ) (31,104 )
NET CURRENT ASSETS (LIABILITIES) 187,158 120,030
TOTAL ASSETS LESS CURRENT LIABILITIES 192,402 124,286
PROVISIONS FOR LIABILITIES
Deferred Taxation - (766 )
NET ASSETS 192,402 123,520
CAPITAL AND RESERVES
Called up share capital 8 201 201
Profit and Loss Account 192,201 123,319
SHAREHOLDERS' FUNDS 192,402 123,520
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For the year ending 29 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 Jonathan Dobinson
Director
26 June 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
Other Creative Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03216634 . The registered office is 24 Picton House, Hussar Court, Waterlooville, Hampshire, PO7 7SQ.
The presentation currency of the financial statements is the Pound Sterling (£).
Accounts are rounded to the nearest pound.
The accounts represent the company as an individual entity.
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. Significant judgements and estimations
The preparation of financial statements requires the use of estimates and assumptions that affect reported
amounts of assets and liabilities at the date of the financial statements, and revenues and expenses during the
reporting period. These estimates and assumptions are based on management's best knowledge of the amount,
events or actions. Actual results may differ from those amounts.
Management do not consider there to be any significant judgements or estimates used in the preparation of these
financial statements.
2.3. Turnover
Turnover represents the net invoiced value of goods and services, excluding value added tax.
2.4. Intangible Fixed Assets and Amortisation - Other Intangible
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.
Website are being amortised evenly over their estimated useful life of five years.
2.5. 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 20% Reducing balance
Fixtures & Fittings 20% Reducing balance
2.6. 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.
2.7. 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.
...CONTINUED
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2.7. Taxation - continued
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: NIL (2023: NIL)
- -
4. Intangible Assets
Other
£
Cost
As at 30 September 2023 15,088
As at 29 September 2024 15,088
Amortisation
As at 30 September 2023 15,088
As at 29 September 2024 15,088
Net Book Value
As at 29 September 2024 -
As at 30 September 2023 -
5. Tangible Assets
Plant & Machinery Fixtures & Fittings Total
£ £ £
Cost
As at 30 September 2023 8,957 3,246 12,203
Additions 3,109 - 3,109
Disposals (621 ) (3,246 ) (3,867 )
As at 29 September 2024 11,445 - 11,445
Depreciation
As at 30 September 2023 5,516 2,431 7,947
Provided during the period 1,052 - 1,052
Disposals (367 ) (2,431 ) (2,798 )
As at 29 September 2024 6,201 - 6,201
Net Book Value
As at 29 September 2024 5,244 - 5,244
As at 30 September 2023 3,441 815 4,256
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Page 5
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors - 1,906
Amounts owed by group undertakings 123,992 123,041
Other debtors 16,443 17,998
140,435 142,945
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 3,445 20,796
Other creditors 1,691 3,222
Taxation and social security 6,617 7,086
11,753 31,104
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 201 201
9. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 30 September 2023 Amounts advanced Amounts repaid Amounts written off As at 29 September 2024
£ £ £ £ £
Mr Jonathan Dobinson (312 ) 624 (312 ) - -
Ms Deborah Dobinson (312 ) 624 (312 ) - -
At the year end the directors loan is nil (2023: £624)
The above loan is unsecured, interest free and repayable on demand.
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