Acorah Software Products - Accounts Production 16.4.675 false true 31 January 2024 1 February 2023 false 1 February 2024 31 January 2025 31 January 2025 11747513 Mr Richard Buckley Mr Daniel Parker iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11747513 2024-01-31 11747513 2025-01-31 11747513 2024-02-01 2025-01-31 11747513 frs-core:CurrentFinancialInstruments 2025-01-31 11747513 frs-core:ComputerEquipment 2025-01-31 11747513 frs-core:ComputerEquipment 2024-02-01 2025-01-31 11747513 frs-core:ComputerEquipment 2024-01-31 11747513 frs-core:FurnitureFittings 2025-01-31 11747513 frs-core:FurnitureFittings 2024-02-01 2025-01-31 11747513 frs-core:FurnitureFittings 2024-01-31 11747513 frs-core:PlantMachinery 2025-01-31 11747513 frs-core:PlantMachinery 2024-02-01 2025-01-31 11747513 frs-core:PlantMachinery 2024-01-31 11747513 frs-core:ShareCapital 2025-01-31 11747513 frs-core:RetainedEarningsAccumulatedLosses 2025-01-31 11747513 frs-bus:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 11747513 frs-bus:FilletedAccounts 2024-02-01 2025-01-31 11747513 frs-bus:SmallEntities 2024-02-01 2025-01-31 11747513 frs-bus:AuditExempt-NoAccountantsReport 2024-02-01 2025-01-31 11747513 frs-bus:SmallCompaniesRegimeForAccounts 2024-02-01 2025-01-31 11747513 frs-bus:Director1 2024-02-01 2025-01-31 11747513 frs-bus:Director2 2024-02-01 2025-01-31 11747513 frs-core:CurrentFinancialInstruments 1 2025-01-31 11747513 frs-countries:EnglandWales 2024-02-01 2025-01-31 11747513 2023-01-31 11747513 2024-01-31 11747513 2023-02-01 2024-01-31 11747513 frs-core:CurrentFinancialInstruments 2024-01-31 11747513 frs-core:ShareCapital 2024-01-31 11747513 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 11747513 frs-core:CurrentFinancialInstruments 1 2024-01-31
Registered number: 11747513
CREATEDBYSEVENSEVEN LIMITED
Unaudited Financial Statements
For The Year Ended 31 January 2025
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 11747513
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 4,230 5,530
4,230 5,530
CURRENT ASSETS
Debtors 5 53,119 70,496
Cash at bank and in hand 29,077 51,394
82,196 121,890
Creditors: Amounts Falling Due Within One Year 6 (67,532 ) (72,578 )
NET CURRENT ASSETS (LIABILITIES) 14,664 49,312
TOTAL ASSETS LESS CURRENT LIABILITIES 18,894 54,842
NET ASSETS 18,894 54,842
CAPITAL AND RESERVES
Called up share capital 7 2 2
Profit and Loss Account 18,892 54,840
SHAREHOLDERS' FUNDS 18,894 54,842
For the year ending 31 January 2025 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 Richard Buckley
Director
24th July 2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
CREATEDBYSEVENSEVEN LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 11747513 . The registered office is 82 High Street, Golborne, WA3 3DA.
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.
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:
Plant & Machinery 15% Reducing balance
Fixtures & Fittings 15% Reducing balance
Computer Equipment 33% Straight line
2.4. 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 year 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 asset reflects 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 or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also 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: 4 (2024: 4)
4 4
Page 2
Page 3
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 February 2024 317 6,131 11,931 18,379
Additions 475 - 754 1,229
As at 31 January 2025 792 6,131 12,685 19,608
Depreciation
As at 1 February 2024 122 3,093 9,634 12,849
Provided during the period 100 456 1,973 2,529
As at 31 January 2025 222 3,549 11,607 15,378
Net Book Value
As at 31 January 2025 570 2,582 1,078 4,230
As at 1 February 2024 195 3,038 2,297 5,530
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 51,435 68,884
Directors' loan accounts 1,682 1,610
Called up share capital not paid 2 2
53,119 70,496
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Corporation tax 43,662 41,774
Other taxes and social security 880 1,180
VAT 22,669 26,510
Net wages - 30
Pension payable 321 3,084
67,532 72,578
7. Share Capital
2025 2024
£ £
Called Up Share Capital not Paid 2 2
Amount of Allotted, Called Up Share Capital 2 2
Page 3