Acorah Software Products - Accounts Production 16.3.350 false true false 4 February 2024 31 March 2025 31 March 2025 15464566 Mr Paul Willoughby Mr David Sweet iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 15464566 2024-02-03 15464566 2025-03-31 15464566 2024-02-04 2025-03-31 15464566 frs-core:Non-currentFinancialInstruments 2025-03-31 15464566 frs-core:PlantMachinery 2024-02-04 2025-03-31 15464566 frs-core:ShareCapital 2025-03-31 15464566 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 15464566 frs-bus:PrivateLimitedCompanyLtd 2024-02-04 2025-03-31 15464566 frs-bus:AbridgedAccounts 2024-02-04 2025-03-31 15464566 frs-bus:SmallEntities 2024-02-04 2025-03-31 15464566 frs-bus:AuditExempt-NoAccountantsReport 2024-02-04 2025-03-31 15464566 frs-bus:SmallCompaniesRegimeForAccounts 2024-02-04 2025-03-31 15464566 frs-bus:Director1 2024-02-04 2025-03-31 15464566 frs-bus:Director2 2024-02-04 2025-03-31 15464566 frs-countries:EnglandWales 2024-02-04 2025-03-31
Registered number: 15464566
Folio Group Consulting Limited
Unaudited ABRIDGED Financial Statements
For the Period 4 February 2024 to 31 March 2025
Alliance Accountants Ltd
Units 4&5
Rockfield Business Park
Cheltenham
Glos
GL53 0AN
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—4
Page 1
Abridged Balance Sheet
Registered number: 15464566
31 March 2025
Notes £ £
FIXED ASSETS
Tangible Assets 4 237
237
CURRENT ASSETS
Debtors 556,908
Cash at bank and in hand 222,785
779,693
Creditors: Amounts Falling Due Within One Year (436,671 )
NET CURRENT ASSETS (LIABILITIES) 343,022
TOTAL ASSETS LESS CURRENT LIABILITIES 343,259
Creditors: Amounts Falling Due After More Than One Year (614 )
NET ASSETS 342,645
CAPITAL AND RESERVES
Called up share capital 5 10
Profit and Loss Account 342,635
SHAREHOLDERS' FUNDS 342,645
Page 1
Page 2
For the period ending 31 March 2025 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.
All of the company's members have consented to the preparation of an Abridged Balance Sheet for the year end 31 March 2025 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr David Sweet
Director
01/07/2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. General Information
Folio Group Consulting Limited is a private company, limited by shares, incorporated in England & Wales, registered number 15464566 . The registered office is Units 4&5 Rockfield Business Park, Old Station Drive, Cheltenham, Glos, GL53 0AN.
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. 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 3 years straight line
2.4. 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.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 2
2
4. Tangible Assets
Total
£
Cost
As at 4 February 2024 -
Additions 356
As at 31 March 2025 356
Depreciation
As at 4 February 2024 -
Provided during the period 119
As at 31 March 2025 119
Net Book Value
As at 31 March 2025 237
As at 4 February 2024 -
Page 3
Page 4
5. Share Capital
31 March 2025
£
Allotted, Called up and fully paid 10
Page 4