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 11556070 A D Swiss iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11556070 2023-09-30 11556070 2024-09-30 11556070 2023-10-01 2024-09-30 11556070 frs-core:CurrentFinancialInstruments 2024-09-30 11556070 frs-core:Non-currentFinancialInstruments 2024-09-30 11556070 frs-core:FurnitureFittings 2024-09-30 11556070 frs-core:FurnitureFittings 2023-10-01 2024-09-30 11556070 frs-core:FurnitureFittings 2023-09-30 11556070 frs-core:ShareCapital 2024-09-30 11556070 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 11556070 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 11556070 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 11556070 frs-bus:SmallEntities 2023-10-01 2024-09-30 11556070 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 11556070 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 11556070 frs-bus:Director1 2023-10-01 2024-09-30 11556070 frs-countries:EnglandWales 2023-10-01 2024-09-30 11556070 2022-09-30 11556070 2023-09-30 11556070 2022-10-01 2023-09-30 11556070 frs-core:CurrentFinancialInstruments 2023-09-30 11556070 frs-core:Non-currentFinancialInstruments 2023-09-30 11556070 frs-core:ShareCapital 2023-09-30 11556070 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30
Registered number: 11556070
CLAM Investments Ltd
Unaudited Financial Statements
For The Year Ended 30 September 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 11556070
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,000 2,000
1,000 2,000
CURRENT ASSETS
Debtors 5 - 4,995
Investments 6 659,823 464,823
Cash at bank and in hand 1,295 28,012
661,118 497,830
Creditors: Amounts Falling Due Within One Year 7 (88,225 ) (81,820 )
NET CURRENT ASSETS (LIABILITIES) 572,893 416,010
TOTAL ASSETS LESS CURRENT LIABILITIES 573,893 418,010
Creditors: Amounts Falling Due After More Than One Year 8 (491,932 ) (316,932 )
PROVISIONS FOR LIABILITIES
Deferred Taxation - (350 )
NET ASSETS 81,961 100,728
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 81,861 100,628
SHAREHOLDERS' FUNDS 81,961 100,728
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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 member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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
A D Swiss
Director
2 June 2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
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Notes to the Financial Statements
1. General Information
CLAM Investments Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11556070 . The registered office is 47 Parma Crescent, London, SW11 1LT.
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. 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:
Equipment, fixtures & fittings 12% on cost
2.3. 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.
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 or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also 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: 1 (2023: 1)
1 1
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4. Tangible Assets
Equipment, fixtures & fittings
£
Cost
As at 1 October 2023 8,250
As at 30 September 2024 8,250
Depreciation
As at 1 October 2023 6,250
Provided during the period 1,000
As at 30 September 2024 7,250
Net Book Value
As at 30 September 2024 1,000
As at 1 October 2023 2,000
5. Debtors
2024 2023
£ £
Due within one year
Corporation tax repayable - 4,995
6. Current Asset Investments
2024 2023
£ £
Unlisted investments 659,823 464,823
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Director's loan account 88,225 81,820
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Directors loan account 491,932 316,932
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9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
10. Related Party Transactions
The company is controlled by Mr A D R Swiss. At the end of the year he is owed £580,157 (2023: £398,752).
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