Acorah Software Products - Accounts Production 16.4.675 false true 31 July 2023 1 August 2022 false 1 August 2023 31 July 2024 31 July 2024 09149366 Mr Dean Bazzard iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09149366 2023-07-31 09149366 2024-07-31 09149366 2023-08-01 2024-07-31 09149366 frs-core:CurrentFinancialInstruments 2024-07-31 09149366 frs-core:Non-currentFinancialInstruments 2024-07-31 09149366 frs-core:ComputerEquipment 2024-07-31 09149366 frs-core:ComputerEquipment 2023-08-01 2024-07-31 09149366 frs-core:ComputerEquipment 2023-07-31 09149366 frs-core:FurnitureFittings 2024-07-31 09149366 frs-core:FurnitureFittings 2023-08-01 2024-07-31 09149366 frs-core:FurnitureFittings 2023-07-31 09149366 frs-core:PlantMachinery 2024-07-31 09149366 frs-core:PlantMachinery 2023-08-01 2024-07-31 09149366 frs-core:PlantMachinery 2023-07-31 09149366 frs-core:OtherReservesSubtotal 2024-07-31 09149366 frs-core:ShareCapital 2024-07-31 09149366 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 09149366 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 09149366 frs-bus:FilletedAccounts 2023-08-01 2024-07-31 09149366 frs-bus:SmallEntities 2023-08-01 2024-07-31 09149366 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 09149366 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 09149366 frs-core:UnlistedNon-exchangeTraded 2024-07-31 09149366 frs-core:UnlistedNon-exchangeTraded 2023-07-31 09149366 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-07-31 09149366 frs-core:AdditionsToInvestments frs-core:UnlistedNon-exchangeTraded 2024-07-31 09149366 frs-core:RevaluationsIncreaseDecreaseInInvestments frs-core:UnlistedNon-exchangeTraded 2024-07-31 09149366 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-07-31 09149366 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-07-31 09149366 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-07-31 09149366 frs-bus:Director1 2023-08-01 2024-07-31 09149366 frs-countries:EnglandWales 2023-08-01 2024-07-31 09149366 2022-07-31 09149366 2023-07-31 09149366 2022-08-01 2023-07-31 09149366 frs-core:CurrentFinancialInstruments 2023-07-31 09149366 frs-core:Non-currentFinancialInstruments 2023-07-31 09149366 frs-core:OtherReservesSubtotal 2023-07-31 09149366 frs-core:ShareCapital 2023-07-31 09149366 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31
Registered number: 09149366
Front Edge Software Ltd.
Unaudited Financial Statements
For The Year Ended 31 July 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 09149366
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investments 5 242,461 112,160
242,461 112,160
CURRENT ASSETS
Debtors 6 60,606 61,858
Cash at bank and in hand 1,333 1,271
61,939 63,129
Creditors: Amounts Falling Due Within One Year 7 (23,584 ) (21,349 )
NET CURRENT ASSETS (LIABILITIES) 38,355 41,780
TOTAL ASSETS LESS CURRENT LIABILITIES 280,816 153,940
Creditors: Amounts Falling Due After More Than One Year 8 (7,956 ) (16,425 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (32,443 ) (115 )
NET ASSETS 240,417 137,400
CAPITAL AND RESERVES
Called up share capital 9 100 100
Other reserves (136,762 ) (141,240 )
Profit and Loss Account 377,079 278,540
SHAREHOLDERS' FUNDS 240,417 137,400
Page 1
Page 2
For the year ending 31 July 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
Mr Dean Bazzard
Director
22/07/2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Front Edge Software Ltd. is a private company, limited by shares, incorporated in England & Wales, registered number 09149366 . The registered office is 3 Orchard Close, Ware, SG12 0PY.
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, excluding discounts, rebates, value added tax or other similar sales taxes.
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 25% Straight Line
Fixtures & Fittings 25% Straight Line
Computer Equipment 25% Straight Line
2.4. Fixed Asset Investments
Fixed asset investments are stated at market value, if listed, or at directors' valuation, if unlisted. The market value is based on the closing middle market price.
2.5. Related Party Transactions
Loans made to connected parties are recognised in the financial statements at the discounted present value using the effective interest rate method.
2.6. Deferred Tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.
2.7. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2024 2023
Office and administration 1 1
1 1
Page 3
Page 4
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 August 2023 1,371 1,218 8,226 10,815
As at 31 July 2024 1,371 1,218 8,226 10,815
Depreciation
As at 1 August 2023 1,371 1,218 8,226 10,815
As at 31 July 2024 1,371 1,218 8,226 10,815
Net Book Value
As at 31 July 2024 - - - -
As at 1 August 2023 - - - -
5. Investments
Unlisted
£
Cost or Valuation
As at 1 August 2023 112,160
Additions 563
Revaluations 129,738
As at 31 July 2024 242,461
Provision
As at 1 August 2023 -
As at 31 July 2024 -
Net Book Value
As at 31 July 2024 242,461
As at 1 August 2023 112,160
6. Debtors
2024 2023
£ £
Due within one year
Other debtors 100 100
VAT - 285
100 385
Due after more than one year
Other debtors 60,506 61,473
60,606 61,858
Page 4
Page 5
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Bank loans and overdrafts 8,471 8,262
Corporation tax 808 307
Other creditors 5,007 4,282
Director's loan account 9,298 8,498
23,584 21,349
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 7,956 16,425
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
10. Related Party Transactions
At 31st July 2024 Front Edge Software Ltd is owed £183,675 (2023 - £192,126) from Front Edge Properties Ltd, a company in which Mr D Bazzard is a director and shareholder. The loan is interest free, for a term of fourty one years and repayable on the 24th April 2059 in full.
Page 5