Acorah Software Products - Accounts Production 16.4.675 false true 31 October 2023 1 November 2022 false 1 November 2023 31 October 2024 31 October 2024 10535087 Mr Nicholas Harrison Ms Caitlin Devlin iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10535087 2023-10-31 10535087 2024-10-31 10535087 2023-11-01 2024-10-31 10535087 frs-core:CurrentFinancialInstruments 2024-10-31 10535087 frs-core:Non-currentFinancialInstruments 2024-10-31 10535087 frs-core:ComputerEquipment 2024-10-31 10535087 frs-core:ComputerEquipment 2023-11-01 2024-10-31 10535087 frs-core:ComputerEquipment 2023-10-31 10535087 frs-core:FurnitureFittings 2024-10-31 10535087 frs-core:FurnitureFittings 2023-11-01 2024-10-31 10535087 frs-core:FurnitureFittings 2023-10-31 10535087 frs-core:NetGoodwill 2024-10-31 10535087 frs-core:NetGoodwill 2023-11-01 2024-10-31 10535087 frs-core:NetGoodwill 2023-10-31 10535087 frs-core:PlantMachinery 2024-10-31 10535087 frs-core:PlantMachinery 2023-11-01 2024-10-31 10535087 frs-core:PlantMachinery 2023-10-31 10535087 frs-core:ShareCapital 2024-10-31 10535087 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31 10535087 frs-bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 10535087 frs-bus:FilletedAccounts 2023-11-01 2024-10-31 10535087 frs-bus:SmallEntities 2023-11-01 2024-10-31 10535087 frs-bus:AuditExemptWithAccountantsReport 2023-11-01 2024-10-31 10535087 frs-bus:SmallCompaniesRegimeForAccounts 2023-11-01 2024-10-31 10535087 frs-bus:Director1 2023-11-01 2024-10-31 10535087 frs-bus:Director2 2023-11-01 2024-10-31 10535087 frs-countries:EnglandWales 2023-11-01 2024-10-31 10535087 2022-10-31 10535087 2023-10-31 10535087 2022-11-01 2023-10-31 10535087 frs-core:CurrentFinancialInstruments 2023-10-31 10535087 frs-core:Non-currentFinancialInstruments 2023-10-31 10535087 frs-core:WithinOneYear 2023-10-31 10535087 frs-core:ShareCapital 2023-10-31 10535087 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31
Registered number: 10535087
Clerbise 15 Limited
Unaudited Financial Statements
For The Year Ended 31 October 2024
Contents
Page
Accountant's Report 1
Balance Sheet 2—3
Notes to the Financial Statements 4—6
Page 1
Accountant's Report
Report to the directors on the preparation of the unaudited statutory accounts of Clerbise 15 Limited for the year ended 31 October 2024
To assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the accounts of Clerbise 15 Limited which comprise the Profit and Loss Account, the Balance Sheet and the related notes, from the company’s accounting records and from information and explanations you have given us.
As a practising member of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.
This report is made to the directors of Clerbise 15 Limited , as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Clerbise 15 Limited and state those matters that we have agreed to state to the directors of Clerbise 15 Limited , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Clerbise 15 Limited and its directors as a body for our work or for this report.
It is your duty to ensure that Clerbise 15 Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Clerbise 15 Limited . You consider that Clerbise 15 Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Clerbise 15 Limited . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
24/07/2025
HLS Accounting Limited
ACCA
59 Llwyn Y Pia Road
Lisvane
Cardiff
CF14 0SX
Page 1
Page 2
Balance Sheet
Registered number: 10535087
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 655,196 705,596
Tangible Assets 5 129,037 78,412
784,233 784,008
CURRENT ASSETS
Stocks 6 - 3,199
Debtors 7 218,436 238,436
Cash at bank and in hand 107,974 184,360
326,410 425,995
Creditors: Amounts Falling Due Within One Year 8 (237,136 ) (291,660 )
NET CURRENT ASSETS (LIABILITIES) 89,274 134,335
TOTAL ASSETS LESS CURRENT LIABILITIES 873,507 918,343
Creditors: Amounts Falling Due After More Than One Year 9 (853,043 ) (895,203 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (13,327 ) (13,327 )
NET ASSETS 7,137 9,813
CAPITAL AND RESERVES
Called up share capital 11 100 100
Profit and Loss Account 7,037 9,713
SHAREHOLDERS' FUNDS 7,137 9,813
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Page 3
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 Nicholas Harrison
Director
24/07/2025
The notes on pages 4 to 6 form part of these financial statements.
Page 3
Page 4
Notes to the Financial Statements
1. General Information
Clerbise 15 Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10535087 . The registered office is 6 Bath Street, Abingdon, OX14 3QH.
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 - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the profit and loss account over its estimated economic life of .... 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:
Plant & Machinery 25% Reducing Balance
Fixtures & Fittings 25% Reducing Balance
Computer Equipment 33% Straight Line for new purchases
2.5. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.
2.6. 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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2.7. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 12 (2023: 12)
12 12
4. Intangible Assets
Goodwill
£
Cost
As at 1 November 2023 1,007,996
As at 31 October 2024 1,007,996
Amortisation
As at 1 November 2023 302,400
Provided during the period 50,400
As at 31 October 2024 352,800
Net Book Value
As at 31 October 2024 655,196
As at 1 November 2023 705,596
5. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 November 2023 156,295 17,456 5,155 178,906
Additions 64,849 1,939 335 67,123
As at 31 October 2024 221,144 19,395 5,490 246,029
...CONTINUED
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Page 6
Depreciation
As at 1 November 2023 84,036 11,486 4,972 100,494
Provided during the period 15,245 1,069 184 16,498
As at 31 October 2024 99,281 12,555 5,156 116,992
Net Book Value
As at 31 October 2024 121,863 6,840 334 129,037
As at 1 November 2023 72,259 5,970 183 78,412
6. Stocks
2024 2023
£ £
Materials - 3,199
7. Debtors
2024 2023
£ £
Due within one year
Trade debtors 2,574 2,574
Amounts owed by participating interests 215,862 235,862
218,436 238,436
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts - 2,654
Trade creditors 9,010 1
Bank loans and overdrafts 109,514 109,514
Other creditors 71,476 142,294
Taxation and social security 47,136 37,197
237,136 291,660
9. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 853,043 895,203
10. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year - 2,654
11. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
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