Acorah Software Products - Accounts Production 16.4.675 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 06563780 Mr Chris Connors iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06563780 2023-12-31 06563780 2024-12-31 06563780 2024-01-01 2024-12-31 06563780 frs-core:CurrentFinancialInstruments 2024-12-31 06563780 frs-core:Non-currentFinancialInstruments 2024-12-31 06563780 frs-core:ComputerEquipment 2024-12-31 06563780 frs-core:ComputerEquipment 2024-01-01 2024-12-31 06563780 frs-core:ComputerEquipment 2023-12-31 06563780 frs-core:FurnitureFittings 2024-12-31 06563780 frs-core:FurnitureFittings 2024-01-01 2024-12-31 06563780 frs-core:FurnitureFittings 2023-12-31 06563780 frs-core:ShareCapital 2024-12-31 06563780 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 06563780 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 06563780 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 06563780 frs-bus:SmallEntities 2024-01-01 2024-12-31 06563780 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 06563780 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 06563780 frs-bus:Director1 2024-01-01 2024-12-31 06563780 frs-countries:EnglandWales 2024-01-01 2024-12-31 06563780 2022-12-31 06563780 2023-12-31 06563780 2023-01-01 2023-12-31 06563780 frs-core:CurrentFinancialInstruments 2023-12-31 06563780 frs-core:Non-currentFinancialInstruments 2023-12-31 06563780 frs-core:ShareCapital 2023-12-31 06563780 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 06563780
Coco's Sw Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
Taxave Limited
59 Gales Drive
Crawley
RH10 1QA
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 06563780
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 3,826 4,797
3,826 4,797
CURRENT ASSETS
Stocks 5 14,460 14,260
Debtors 6 6,325 6,322
Cash at bank and in hand 24,102 33,012
44,887 53,594
Creditors: Amounts Falling Due Within One Year 7 (43,590 ) (43,090 )
NET CURRENT ASSETS (LIABILITIES) 1,297 10,504
TOTAL ASSETS LESS CURRENT LIABILITIES 5,123 15,301
Creditors: Amounts Falling Due After More Than One Year 8 (5,000 ) (15,000 )
NET ASSETS 123 301
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 23 201
SHAREHOLDERS' FUNDS 123 301
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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 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 Chris Connors
Director
18th July 2025
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Coco's Sw Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06563780 . The registered office is 59 Gales Drive, Three Bridges, Crawley, West Sussex, RH10 1QA.
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 15% Straight Line
Computer Equipment 25% Straight Line
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
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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.
2.6. Government Grant
Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.
Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.
Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.
All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 8 (2023: 7)
8 7
4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 January 2024 9,627 4,239 13,866
Additions - 690 690
As at 31 December 2024 9,627 4,929 14,556
Depreciation
As at 1 January 2024 6,950 2,119 9,069
Provided during the period 782 879 1,661
As at 31 December 2024 7,732 2,998 10,730
Net Book Value
As at 31 December 2024 1,895 1,931 3,826
As at 1 January 2024 2,677 2,120 4,797
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5. Stocks
2024 2023
£ £
Stock 14,460 14,260
6. Debtors
2024 2023
£ £
Due within one year
Prepayments and accrued income 325 6,027
Other debtors 6,000 295
6,325 6,322
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 3,853 12,041
Bank loans and overdrafts 10,000 10,000
Corporation tax 8,191 4,097
VAT 10,008 8,711
Other creditors 2,561 1,219
Accruals and deferred income 1,149 118
Director's loan account 2,793 1,631
Amounts owed to associates 5,035 5,273
43,590 43,090
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 5,000 15,000
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
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