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 09244553 Mr James Goldwerth iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09244553 2023-10-31 09244553 2024-10-31 09244553 2023-11-01 2024-10-31 09244553 frs-core:CurrentFinancialInstruments 2024-10-31 09244553 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-10-31 09244553 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-10-31 09244553 frs-core:PlantMachinery 2024-10-31 09244553 frs-core:PlantMachinery 2023-11-01 2024-10-31 09244553 frs-core:PlantMachinery 2023-10-31 09244553 frs-core:SharePremium 2024-10-31 09244553 frs-core:ShareCapital 2024-10-31 09244553 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31 09244553 frs-bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 09244553 frs-bus:FilletedAccounts 2023-11-01 2024-10-31 09244553 frs-bus:SmallEntities 2023-11-01 2024-10-31 09244553 frs-bus:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 09244553 frs-bus:SmallCompaniesRegimeForAccounts 2023-11-01 2024-10-31 09244553 frs-bus:Director1 2023-11-01 2024-10-31 09244553 frs-countries:EnglandWales 2023-11-01 2024-10-31 09244553 2022-10-31 09244553 2023-10-31 09244553 2022-11-01 2023-10-31 09244553 frs-core:CurrentFinancialInstruments 2023-10-31 09244553 frs-core:SharePremium 2023-10-31 09244553 frs-core:ShareCapital 2023-10-31 09244553 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31
Registered number: 09244553
Cruiseo Limited
Unaudited Financial Statements
For The Year Ended 31 October 2024
Kalculus
Chartered Accountants, Registered Auditors & Business Advisors
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 09244553
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 65,797 65,797
65,797 65,797
CURRENT ASSETS
Debtors 6 7,032 1,893
Investments 7 100 100
Cash at bank and in hand 64,575 143,357
71,707 145,350
Creditors: Amounts Falling Due Within One Year 8 (135,663 ) (227,020 )
NET CURRENT ASSETS (LIABILITIES) (63,956 ) (81,670 )
TOTAL ASSETS LESS CURRENT LIABILITIES 1,841 (15,873 )
NET ASSETS/(LIABILITIES) 1,841 (15,873 )
CAPITAL AND RESERVES
Called up share capital 9 5,000 5,000
Share premium account 48,388 48,388
Profit and Loss Account (51,547 ) (69,261 )
SHAREHOLDERS' FUNDS 1,841 (15,873)
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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 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 James Goldwerth
Director
14 July 2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
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Notes to the Financial Statements
1. General Information
Cruiseo Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09244553 . The registered office is First Floor, 314 Regents Park Road, London, N3 2LT.
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. Research and Development
In the research phase of an internal project it is not possible to demonstrate that the project will generate future economic benefits and hence all expenditure on research is recognised as an expense when it is incurred. Intangible assets are recognised from the development phase of a project if and only if certain specific criteria are met in order to demonstrate the asset will generate probable future economic benefits and that its cost can be reliably measured. The capitalised development costs are subsequently amortised to ... on a straight line basis over their expected useful economic lives, which range from ... to ... years.
If it is not possible to distinguish between the research phase and the development phase of an internal project the expenditure is treated as if it were all incurred in the research phase only.
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 33% on reducing balance
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
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4. Intangible Assets
Development Costs
£
Cost
As at 1 November 2023 65,797
As at 31 October 2024 65,797
Net Book Value
As at 31 October 2024 65,797
As at 1 November 2023 65,797
5. Tangible Assets
Plant & Machinery
£
Cost
As at 1 November 2023 26,145
As at 31 October 2024 26,145
Depreciation
As at 1 November 2023 26,145
As at 31 October 2024 26,145
Net Book Value
As at 31 October 2024 -
As at 1 November 2023 -
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 1,252 1,022
Other debtors 5,358 272
VAT 422 599
7,032 1,893
7. Current Asset Investments
2024 2023
£ £
Shares in subsidiaries 100 100
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8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Bank loans and overdrafts 21,799 31,875
Other taxes and social security 635 1,478
Net wages - 3,575
Other creditors 2,194 76,378
Accruals and deferred income 28,722 27,522
Director's loan account 313 4,192
Amounts owed to group undertakings 82,000 82,000
135,663 227,020
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 5,000 5,000
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