Acorah Software Products - Accounts Production 16.3.350 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 NI662789 Mr Thomas Cuthbert Mr Gavan Wall iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure NI662789 2023-12-31 NI662789 2024-12-31 NI662789 2024-01-01 2024-12-31 NI662789 frs-core:FurnitureFittings 2024-01-01 2024-12-31 NI662789 frs-core:ShareCapital 2024-12-31 NI662789 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 NI662789 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 NI662789 frs-bus:AbridgedAccounts 2024-01-01 2024-12-31 NI662789 frs-bus:SmallEntities 2024-01-01 2024-12-31 NI662789 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 NI662789 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 NI662789 frs-bus:Director1 2024-01-01 2024-12-31 NI662789 frs-bus:Director2 2024-01-01 2024-12-31 NI662789 frs-countries:NorthernIreland 2024-01-01 2024-12-31 NI662789 2022-12-31 NI662789 2023-12-31 NI662789 2023-01-01 2023-12-31 NI662789 frs-core:ShareCapital 2023-12-31 NI662789 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: NI662789
The Change Innovation Services Ltd
Unaudited ABRIDGED Financial Statements
For The Year Ended 31 December 2024
Magill Adams
Chartered Accountants
40 Railway Street
Lisburn
BT28 1XP
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—4
Page 1
Abridged Balance Sheet
Registered number: NI662789
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 96,583 109,167
96,583 109,167
CURRENT ASSETS
Debtors 1,212,297 920,433
Cash at bank and in hand 34,317 144,416
1,246,614 1,064,849
Creditors: Amounts Falling Due Within One Year (604,539 ) (680,202 )
NET CURRENT ASSETS (LIABILITIES) 642,075 384,647
TOTAL ASSETS LESS CURRENT LIABILITIES 738,658 493,814
NET ASSETS 738,658 493,814
CAPITAL AND RESERVES
Called up share capital 5 2 2
Profit and Loss Account 738,656 493,812
SHAREHOLDERS' FUNDS 738,658 493,814
Page 1
Page 2
For the year ending 31 December 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.
All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 31 December 2024 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr Thomas Cuthbert
Director
11/07/2025
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
The Change Innovation Services Ltd is a private company, limited by shares, incorporated in Northern Ireland, registered number NI662789 . The registered office is 40 Railway Street, Lisburn , BT28 1XP.
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:
Fixtures & Fittings 10% 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 year was: 6 (2023: 6)
6 6
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Page 4
4. Tangible Assets
Total
£
Cost
As at 1 January 2024 122,333
As at 31 December 2024 122,333
Depreciation
As at 1 January 2024 13,166
Provided during the period 12,584
As at 31 December 2024 25,750
Net Book Value
As at 31 December 2024 96,583
As at 1 January 2024 109,167
5. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
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