Acorah Software Products - Accounts Production 16.4.675 false true true 31 October 2023 1 November 2022 false 1 November 2023 31 October 2024 31 October 2024 05966548 Mrs Annamarie Van Niekerk Mr Christoffel Van Niekerk iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05966548 2023-10-31 05966548 2024-10-31 05966548 2023-11-01 2024-10-31 05966548 frs-core:CurrentFinancialInstruments 2024-10-31 05966548 frs-core:ComputerEquipment 2024-10-31 05966548 frs-core:ComputerEquipment 2023-11-01 2024-10-31 05966548 frs-core:ComputerEquipment 2023-10-31 05966548 frs-core:FurnitureFittings 2024-10-31 05966548 frs-core:FurnitureFittings 2023-11-01 2024-10-31 05966548 frs-core:FurnitureFittings 2023-10-31 05966548 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-10-31 05966548 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-11-01 2024-10-31 05966548 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-10-31 05966548 frs-core:PlantMachinery 2024-10-31 05966548 frs-core:PlantMachinery 2023-11-01 2024-10-31 05966548 frs-core:PlantMachinery 2023-10-31 05966548 frs-core:ShareCapital 2024-10-31 05966548 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31 05966548 frs-bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 05966548 frs-bus:FilletedAccounts 2023-11-01 2024-10-31 05966548 frs-bus:SmallEntities 2023-11-01 2024-10-31 05966548 frs-bus:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 05966548 frs-bus:SmallCompaniesRegimeForAccounts 2023-11-01 2024-10-31 05966548 frs-bus:Director1 2023-11-01 2024-10-31 05966548 frs-bus:Director2 2023-11-01 2024-10-31 05966548 frs-core:CurrentFinancialInstruments 2 2024-10-31 05966548 frs-countries:EnglandWales 2023-11-01 2024-10-31 05966548 2022-10-31 05966548 2023-10-31 05966548 2022-11-01 2023-10-31 05966548 frs-core:CurrentFinancialInstruments 2023-10-31 05966548 frs-core:ShareCapital 2023-10-31 05966548 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31 05966548 frs-core:CurrentFinancialInstruments 2 2023-10-31
Registered number: 05966548
Chrisan Limited
Unaudited Financial Statements
For The Year Ended 31 October 2024
Wilkinson Accounting Solutions Limited
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—4
Page 1
Balance Sheet
Registered number: 05966548
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 138,216 140,976
138,216 140,976
CURRENT ASSETS
Debtors 5 9,257 39,149
Cash at bank and in hand 82,088 66,481
91,345 105,630
Creditors: Amounts Falling Due Within One Year 6 (26,077 ) (96,957 )
NET CURRENT ASSETS (LIABILITIES) 65,268 8,673
TOTAL ASSETS LESS CURRENT LIABILITIES 203,484 149,649
NET ASSETS 203,484 149,649
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account 203,384 149,549
SHAREHOLDERS' FUNDS 203,484 149,649
For the year ending 31 October 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 Christoffel Van Niekerk
Director
14/07/2025
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
Chrisan Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05966548 . The registered office is Stuart House-East Wing, St. Johns Street, Peterborough, PE1 5DD.
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. Going Concern Disclosure
2.3. 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.
2.4. 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:
Freehold Freehold
Plant & Machinery 18% reducing balance
Fixtures & Fittings 18% reducing balance
Computer Equipment 18% reducing balance
2.5. 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 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.
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Page 3
2.6.
Trade Creditors
Trade Creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts Payable are classified as current liabilities if the company does not have an unconditional right at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade Debtors
Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 November 2023 140,334 2,975 1,860 8,814 153,983
Additions - - - 1,717 1,717
As at 31 October 2024 140,334 2,975 1,860 10,531 155,700
Depreciation
As at 1 November 2023 3,508 1,334 609 7,556 13,007
Provided during the period 3,421 296 225 535 4,477
As at 31 October 2024 6,929 1,630 834 8,091 17,484
Net Book Value
As at 31 October 2024 133,405 1,345 1,026 2,440 138,216
As at 1 November 2023 136,826 1,641 1,251 1,258 140,976
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 9,257 12,693
Loan To Son - 26,456
9,257 39,149
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Page 4
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 41 1
Credit Card 436 988
Corporation tax 13,631 6,112
Accountants creditors 421 2,944
Other creditors (2) 45 -
Directors' loan accounts 11,503 86,912
26,077 96,957
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 4