Acorah Software Products - Accounts Production 16.4.675 false true true 30 April 2023 1 May 2022 false 1 May 2023 30 April 2024 30 April 2024 10717138 Mr Stephen Sykes Mrs Louise Sykes iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10717138 2023-04-30 10717138 2024-04-30 10717138 2023-05-01 2024-04-30 10717138 frs-core:CurrentFinancialInstruments 2024-04-30 10717138 frs-core:ComputerEquipment 2024-04-30 10717138 frs-core:ComputerEquipment 2023-05-01 2024-04-30 10717138 frs-core:ComputerEquipment 2023-04-30 10717138 frs-core:FurnitureFittings 2024-04-30 10717138 frs-core:FurnitureFittings 2023-05-01 2024-04-30 10717138 frs-core:FurnitureFittings 2023-04-30 10717138 frs-core:MotorVehicles 2024-04-30 10717138 frs-core:MotorVehicles 2023-05-01 2024-04-30 10717138 frs-core:MotorVehicles 2023-04-30 10717138 frs-core:PlantMachinery 2024-04-30 10717138 frs-core:PlantMachinery 2023-05-01 2024-04-30 10717138 frs-core:PlantMachinery 2023-04-30 10717138 frs-core:ShareCapital 2024-04-30 10717138 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 10717138 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 10717138 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 10717138 frs-bus:SmallEntities 2023-05-01 2024-04-30 10717138 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 10717138 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 10717138 frs-bus:OrdinaryShareClass1 2023-05-01 2024-04-30 10717138 frs-bus:OrdinaryShareClass1 2024-04-30 10717138 frs-bus:Director1 2023-05-01 2024-04-30 10717138 frs-bus:Director1 2023-04-30 10717138 frs-bus:Director1 2024-04-30 10717138 frs-bus:Director2 2023-05-01 2024-04-30 10717138 frs-bus:Director2 2023-04-30 10717138 frs-bus:Director2 2024-04-30 10717138 frs-countries:EnglandWales 2023-05-01 2024-04-30 10717138 2022-04-30 10717138 2023-04-30 10717138 2022-05-01 2023-04-30 10717138 frs-core:CurrentFinancialInstruments 2023-04-30 10717138 frs-core:ShareCapital 2023-04-30 10717138 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30 10717138 frs-bus:OrdinaryShareClass1 2022-05-01 2023-04-30
Registered number: 10717138
Clear Sky Consulting Limited
Unaudited Financial Statements
For The Year Ended 30 April 2024
Contents
Page
Statement of Financial Position 1
Notes to the Financial Statements 2—5
Page 1
Statement of Financial Position
Registered number: 10717138
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 22,021 30,068
22,021 30,068
CURRENT ASSETS
Debtors 5 81,120 24,022
Cash at bank and in hand 2,202 41,866
83,322 65,888
Creditors: Amounts falling due within one year 6 (29,688 ) (27,193 )
NET CURRENT ASSETS (LIABILITIES) 53,634 38,695
TOTAL ASSETS LESS CURRENT LIABILITIES 75,655 68,763
NET ASSETS 75,655 68,763
CAPITAL AND RESERVES
Called up share capital 7 2 2
Income Statement 75,653 68,761
SHAREHOLDERS' FUNDS 75,655 68,763
For the year ending 30 April 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 Income Statement.
The financial statements were approved by the board of directors on 28 July 2025 and were signed on its behalf by:
Mr Stephen Sykes
Director
28 July 2025
The notes on pages 2 to 5 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Clear Sky Consulting Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10717138 . The registered office is Magnolia Cottage, Almshouse Road, Bury St Edmunds, IP30 9JN.
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 FRS 102 Section 1A, The Financial Reporting Standard applicable in the UK and Republic of Ireland - Small Entities and the Companies Act 2006.
2.2. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable for services rendered in the normal course of business, net of discounts, value added taxes and other applicable sales taxes.
Rendering of services
Turnover from the rendering of management consultancy services is recognised in the period in which the services are rendered.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is charged to the income statement at the following rates in order to write off the cost of the assets, less their estimated residual value, over their estimated useful lives:
Plant & Machinery 50% straight line
Motor Vehicles 20% straight line
Fixtures & Fittings 20% straight line
Computer Equipment 33% straight line
2.5. Leasing and Hire Purchase Contracts
Operating leases
Rentals applicable to operating leases, where substantially all of the benefits and risks of ownership remain with the lessor, are charged to the income statement on a straight line basis over the lease term, including any lease incentives or adjustments.
2.6. Financial Instruments
Basic financial instruments
Cash and cash equivalents, and trade and other debtors and creditors, are classified as basic financial instruments.
Basic financial instruments not constituting financing transactions are initially recognised at transaction price. For arrangements constituting financing transactions, different recognition criteria apply:
  • Loans to the company from a person who is within a director's group of close family members that contains at least one shareholder are also initially recognised at transaction price.
  • All other arrangements constituting financing transactions are initially recognised at the present value of the future payments or receipts discounted at a market rate of interest.
Subsequent to initial recognition:
  • Basic financial instruments classified as payable or receivable after more than one year are measured at amortised cost using the effective interest method.
  • Basic financial instruments classified as payable or receivable within one year are only amortised if the effect is material.
Cash and cash equivalents
...CONTINUED
Page 2
Page 3
2.6. Financial Instruments - continued
Cash in hand, bank balances, and short-term deposits with an original maturity of three months or less, which are readily convertible to known amounts of cash and subject to an insignificant risk of changes in value, are classified as cash and cash equivalents. These amounts are included in 'Cash at bank and in hand' on the statement of financial position.
Bank overdrafts are generally classified separately as creditors under current liabilities. However, if overdrafts are repayable on demand and the company has a legally enforceable right to set them off against cash and cash equivalents, they may be offset in certain circumstances.
2.7. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position 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.
2.8. Taxation
Income tax expense represents the sum of the tax currently payable.
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.
Current tax for the year is recognised in profit or loss, except when it relates to items that are recognised in other comprehensive income or directly in equity, in which case the current tax is also recognised in other comprehensive income or directly in equity respectively.
2.9. Presentation Currency
The financial statements are presented in £ sterling, which is the functional currency of the company.
2.10. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the income statement, directors' report, and notes to the financial statements relating to the income statement.
3. Average Number of Employees
The average number of employees, including directors and other officers, during the year was: 2 (2023: 2)
2 2
4. Tangible assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 May 2023 2,068 35,681 1,334 9,322 48,405
As at 30 April 2024 2,068 35,681 1,334 9,322 48,405
Depreciation
As at 1 May 2023 1,397 7,136 518 9,286 18,337
Provided during the period 671 7,136 204 36 8,047
As at 30 April 2024 2,068 14,272 722 9,322 26,384
Net Book Value
As at 30 April 2024 - 21,409 612 - 22,021
As at 1 May 2023 671 28,545 816 36 30,068
Page 3
Page 4
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 65,595 18,951
Prepayments and accrued income 15,525 -
Corporation tax recoverable assets - 5,037
Other taxes and social security - 34
81,120 24,022
6. Creditors: Amounts falling due within one year
2024 2023
£ £
Corporation tax 15,429 43
Other taxes and social security 289 -
VAT 10,839 13,792
Directors' loan accounts 3,131 13,358
29,688 27,193
7. Share Capital
2024 2023
Allotted, called up and fully paid £ £
2 Ordinary shares of £ 1.00 each 2 2
8. Directors Advances, Credits and Guarantees
Loans to directors
Included within Debtors are the following loans to directors:
As at 1 May 2023 Amounts advanced Amounts repaid Amounts written off As at 30 April 2024
£ £ £ £ £
Mr Stephen Sykes - 52,450 52,450 - -
Mrs Louise Sykes - 30,322 30,322 - -
The above loans are unsecured and repayable on demand. If an outstanding loan balance does not exceed £10,000 during a particular tax year, the loan is interest-free for that tax year. If an outstanding loan balance exceeds £10,000 during a particular tax year, variable interest is charged at HMRC's official rate from the later of the start of that tax year and the loan start date, up to the earlier of the date the loan is fully repaid and the end of that tax year.
Totals:
Loans outstanding at start of period: £0
Amounts advanced: £82,772
Amounts repaid: £82,772
Loans outstanding at end of period: £0
9. Dividends
2024 2023
£ £
On equity shares:
Interim dividend paid 42,000 -
Page 4
Page 5
10. Related Party Transactions
During the year, the company entered into the following transactions with related parties:
Owners holding a participating interest
During the year, the company received loans from Mr S Sykes, a director and shareholder with a participating interest, totalling £15,860 (2023: £4,598). At the reporting date, the outstanding loan balance was £1,403 (2023: £2,668).
This amount is interest-free, unsecured and repayable on demand.
During the year, the company received loans from Mrs L Sykes, a director and shareholder with a participating interest and the spouse of Mr S Sykes, totalling £3,465 (2023: £13,068). At the reporting date, the outstanding loan balance was £1,728 (2023: £10,690).
This amount is interest-free, unsecured and repayable on demand.
For details of loans to directors, see the Directors' Advances, Credits and Guarantees note.
Page 5