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 13560293 Mr Olmo Cassano Mr Marc Marshing iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13560293 2023-12-31 13560293 2024-12-31 13560293 2024-01-01 2024-12-31 13560293 frs-core:CurrentFinancialInstruments 2024-12-31 13560293 frs-core:Non-currentFinancialInstruments 2024-12-31 13560293 frs-core:ComputerEquipment 2024-12-31 13560293 frs-core:ComputerEquipment 2024-01-01 2024-12-31 13560293 frs-core:ComputerEquipment 2023-12-31 13560293 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-01-01 2024-12-31 13560293 frs-core:OtherResidualIntangibleAssets 2024-12-31 13560293 frs-core:OtherResidualIntangibleAssets 2024-01-01 2024-12-31 13560293 frs-core:OtherResidualIntangibleAssets 2023-12-31 13560293 frs-core:ShareCapital 2024-12-31 13560293 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 13560293 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 13560293 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 13560293 frs-bus:SmallEntities 2024-01-01 2024-12-31 13560293 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 13560293 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 13560293 frs-bus:Director1 2024-01-01 2024-12-31 13560293 frs-bus:Director2 2024-01-01 2024-12-31 13560293 frs-countries:EnglandWales 2024-01-01 2024-12-31 13560293 2022-12-31 13560293 2023-12-31 13560293 2023-01-01 2023-12-31 13560293 frs-core:CurrentFinancialInstruments 2023-12-31 13560293 frs-core:Non-currentFinancialInstruments 2023-12-31 13560293 frs-core:ShareCapital 2023-12-31 13560293 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 13560293
Flummox Azure Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2024
Ecommerce Accountants LLP
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 13560293
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 784,681 562,378
Tangible Assets 5 524 -
785,205 562,378
CURRENT ASSETS
Stocks 6 653,765 364,281
Debtors 7 68,283 81,582
Cash at bank and in hand 89,788 65,395
811,836 511,258
Creditors: Amounts Falling Due Within One Year 8 (276,037 ) (584,192 )
NET CURRENT ASSETS (LIABILITIES) 535,799 (72,934 )
TOTAL ASSETS LESS CURRENT LIABILITIES 1,321,004 489,444
Creditors: Amounts Falling Due After More Than One Year 9 (2,101,295 ) (1,056,110 )
NET LIABILITIES (780,291 ) (566,666 )
CAPITAL AND RESERVES
Called up share capital 10 1 1
Profit and Loss Account (780,292 ) (566,667 )
SHAREHOLDERS' FUNDS (780,291) (566,666)
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.
On behalf of the board
Mr Marc Marshing
Director
17/06/2025
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
Flummox Azure Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13560293 . The registered office is Cargo Works, 1-2 Hatfields, London, SE1 9PG.
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. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are brands. They are amortised to profit and loss account over its estimated economic life of 10 years.
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:
Computer Equipment 4 years straight line
2.5. 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.
2.6. 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: 2 (2023: 2)
2 2
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4. Intangible Assets
Other
£
Cost
As at 1 January 2024 661,288
Additions 316,665
As at 31 December 2024 977,953
Amortisation
As at 1 January 2024 98,910
Provided during the period 94,362
As at 31 December 2024 193,272
Net Book Value
As at 31 December 2024 784,681
As at 1 January 2024 562,378
5. Tangible Assets
Computer Equipment
£
Cost
As at 1 January 2024 -
Additions 629
As at 31 December 2024 629
Depreciation
As at 1 January 2024 -
Provided during the period 105
As at 31 December 2024 105
Net Book Value
As at 31 December 2024 524
As at 1 January 2024 -
6. Stocks
2024 2023
£ £
Finished goods 653,765 364,281
7. Debtors
2024 2023
£ £
Due within one year
Trade debtors 6,126 56,194
Other debtors 62,157 25,388
68,283 81,582
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Page 5
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 270,609 141,494
Other loans - 427,159
Other creditors 5,428 15,539
276,037 584,192
9. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Other loans 2,101,295 1,056,110
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
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