Acorah Software Products - Accounts Production 16.3.350 false true 30 September 2023 1 October 2022 false 1 October 2023 30 September 2024 30 September 2024 04782553 Mr Philip Dyer Mrs Janet Dyer iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04782553 2023-09-30 04782553 2024-09-30 04782553 2023-10-01 2024-09-30 04782553 frs-core:CurrentFinancialInstruments 2024-09-30 04782553 frs-core:ComputerEquipment 2024-09-30 04782553 frs-core:ComputerEquipment 2023-10-01 2024-09-30 04782553 frs-core:ComputerEquipment 2023-09-30 04782553 frs-core:FurnitureFittings 2024-09-30 04782553 frs-core:FurnitureFittings 2023-10-01 2024-09-30 04782553 frs-core:FurnitureFittings 2023-09-30 04782553 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-09-30 04782553 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 04782553 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-09-30 04782553 frs-core:ShareCapital 2024-09-30 04782553 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 04782553 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 04782553 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 04782553 frs-bus:SmallEntities 2023-10-01 2024-09-30 04782553 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 04782553 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 04782553 frs-bus:Director1 2023-10-01 2024-09-30 04782553 frs-bus:Director2 2023-10-01 2024-09-30 04782553 frs-countries:EnglandWales 2023-10-01 2024-09-30 04782553 2022-09-30 04782553 2023-09-30 04782553 2022-10-01 2023-09-30 04782553 frs-core:CurrentFinancialInstruments 2023-09-30 04782553 frs-core:ShareCapital 2023-09-30 04782553 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30
Registered number: 04782553
nxo Limited
Unaudited Financial Statements
For The Year Ended 30 September 2024
AFM Bookkeeping & Accountancy Ltd
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—4
Page 1
Balance Sheet
Registered number: 04782553
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 14,980 15,087
14,980 15,087
CURRENT ASSETS
Debtors 5 1,757 3,879
Cash at bank and in hand 7,477 14,283
9,234 18,162
Creditors: Amounts Falling Due Within One Year 6 (12,679 ) (16,916 )
NET CURRENT ASSETS (LIABILITIES) (3,445 ) 1,246
TOTAL ASSETS LESS CURRENT LIABILITIES 11,535 16,333
PROVISIONS FOR LIABILITIES
Deferred Taxation (709 ) (682 )
NET ASSETS 10,826 15,651
CAPITAL AND RESERVES
Called up share capital 7 1,000 1,000
Profit and Loss Account 9,826 14,651
SHAREHOLDERS' FUNDS 10,826 15,651
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 24 June 2025 and were signed on its behalf by:
Mr Philip Dyer
Director
24/06/2025
The notes on pages 2 to 4 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
nxo Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04782553 . The registered office is Maple House, 18 Wembley Avenue, Penwortham, Preston, Lancashire, PR1 9UY.
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 represents amounts receivable for services net of VAT.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses. 
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Freehold 2% straight line
Fixtures & Fittings 15% reducing balance
Computer Equipment 33% straight line
At each reporting period end date, the company reviews the carrying amounts of its tangible assets to
determine whether there is any indication that those assets have suffered an impairment loss. If any
such indication exists, the recoverable amount of the asset is estimated in order to determine the extent
of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an
individual asset, the company estimates the recoverable amount of the cash-generating unit to which
the asset belongs.
Recoverable amount is the higher of fair value less costs to sell and value in use. In assessing value in
use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate
that reflects current market assessments of the time value of money and the risks specific to the asset
for which the estimates of future cash flows have not been adjusted.
If the recoverable amount of an asset (or cash-generating unit) is estimated to be less than its carrying
amount, the carrying amount of the asset (or cash-generating unit) is reduced to its recoverable amount.
An impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a
revalued amount, in which case the impairment loss is treated as a revaluation decrease.
Recognised impairment losses are reversed if, and only if, the reasons for the impairment loss have
ceased to apply. Where an impairment loss subsequently reverses, the carrying amount of the asset (or
cash-generating unit) is increased to the revised estimate of its recoverable amount, but so that the
increased carrying amount does not exceed the carrying amount that would have been determined had
no impairment loss been recognised for the asset (or cash-generating unit) in prior years. A reversal of
an impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a
revalued amount, in which case the reversal of the impairment loss is treated as a revaluation increase.
2.4. Taxation
The tax expense represents the sum of the tax currently payable and deferred tax.
Current 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
Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are
recognised to the extent that it is probable that they will be recovered against the reversal of deferred
tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing
difference arises from goodwill or from the initial recognition of other assets and liabilities in a
transaction that affects neither the tax profit nor the accounting profit.
The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the
...CONTINUED
Page 2
Page 3
2.4. Taxation - continued
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 is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the
deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company
has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and
liabilities relate to taxes levied by the same tax authority.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Tangible Assets
Land & Property
Freehold Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 October 2023 15,764 2,424 1,605 19,793
Additions - 313 - 313
As at 30 September 2024 15,764 2,737 1,605 20,106
Depreciation
As at 1 October 2023 1,250 1,851 1,605 4,706
Provided during the period 315 105 - 420
As at 30 September 2024 1,565 1,956 1,605 5,126
Net Book Value
As at 30 September 2024 14,199 781 - 14,980
As at 1 October 2023 14,514 573 - 15,087
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 300 2,780
Prepayments and accrued income 1,457 1,099
1,757 3,879
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Corporation tax 4,767 4,824
VAT 785 480
Accruals and deferred income 6,952 11,220
Directors' loan accounts 175 392
12,679 16,916
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Page 4
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1,000 1,000
Page 4