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 09265305 Mrs Susan Tomlinson Mr Philip Tomlinson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09265305 2023-10-31 09265305 2024-10-31 09265305 2023-11-01 2024-10-31 09265305 frs-core:CurrentFinancialInstruments 2024-10-31 09265305 frs-core:Non-currentFinancialInstruments 2024-10-31 09265305 frs-core:ComputerEquipment 2024-10-31 09265305 frs-core:ComputerEquipment 2023-11-01 2024-10-31 09265305 frs-core:ComputerEquipment 2023-10-31 09265305 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-10-31 09265305 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-11-01 2024-10-31 09265305 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-10-31 09265305 frs-core:ShareCapital 2024-10-31 09265305 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31 09265305 frs-bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 09265305 frs-bus:FilletedAccounts 2023-11-01 2024-10-31 09265305 frs-bus:SmallEntities 2023-11-01 2024-10-31 09265305 frs-bus:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 09265305 frs-bus:SmallCompaniesRegimeForAccounts 2023-11-01 2024-10-31 09265305 frs-core:CostValuation 2023-10-31 09265305 frs-core:AdditionsToInvestments 2024-10-31 09265305 frs-core:DisposalsRepaymentsInvestments 2024-10-31 09265305 frs-core:CostValuation 2024-10-31 09265305 frs-core:ProvisionsForImpairmentInvestments 2023-10-31 09265305 frs-core:ProvisionsForImpairmentInvestments 2024-10-31 09265305 frs-core:UnlistedNon-exchangeTraded 2024-10-31 09265305 frs-core:UnlistedNon-exchangeTraded 2023-10-31 09265305 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-10-31 09265305 frs-core:AdditionsToInvestments frs-core:UnlistedNon-exchangeTraded 2024-10-31 09265305 frs-core:DisposalsRepaymentsInvestments frs-core:UnlistedNon-exchangeTraded 2024-10-31 09265305 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-10-31 09265305 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-10-31 09265305 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-10-31 09265305 frs-bus:Director1 2023-11-01 2024-10-31 09265305 frs-bus:Director1 2023-10-31 09265305 frs-bus:Director1 2024-10-31 09265305 frs-bus:Director2 2023-11-01 2024-10-31 09265305 frs-bus:Director2 2023-10-31 09265305 frs-bus:Director2 2024-10-31 09265305 frs-core:Non-currentFinancialInstruments 1 2024-10-31 09265305 frs-countries:EnglandWales 2023-11-01 2024-10-31 09265305 2022-10-31 09265305 2023-10-31 09265305 2022-11-01 2023-10-31 09265305 frs-core:CurrentFinancialInstruments 2023-10-31 09265305 frs-core:Non-currentFinancialInstruments 2023-10-31 09265305 frs-core:ShareCapital 2023-10-31 09265305 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31 09265305 frs-core:Non-currentFinancialInstruments 1 2023-10-31
Registered number: 09265305
Kneeton Business Consultants Ltd
Unaudited Financial Statements
For The Year Ended 31 October 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 09265305
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 26,904 29,499
Investments 5 445,893 436,517
472,797 466,016
CURRENT ASSETS
Debtors 6 533,728 512,574
Cash at bank and in hand 20,369 29,092
554,097 541,666
Creditors: Amounts Falling Due Within One Year 7 (147,074 ) (183,511 )
NET CURRENT ASSETS (LIABILITIES) 407,023 358,155
TOTAL ASSETS LESS CURRENT LIABILITIES 879,820 824,171
Creditors: Amounts Falling Due After More Than One Year 8 (12,520 ) (12,877 )
NET ASSETS 867,300 811,294
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 867,200 811,194
SHAREHOLDERS' FUNDS 867,300 811,294
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Page 2
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 Philip Tomlinson
Director
28 July 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
Kneeton Business Consultants Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09265305 . The registered office is 6 Kneeton Road, East Bridgford, Nottingham, NG13 8PG.
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. 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:
Freehold Straight Line 5%
Computer Equipment Straight Line 25%
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 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 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: 7 (2023: 11)
7 11
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Page 4
4. Tangible Assets
Land & Property
Freehold Computer Equipment Total
£ £ £
Cost
As at 1 November 2023 29,142 16,708 45,850
Additions - 2,680 2,680
As at 31 October 2024 29,142 19,388 48,530
Depreciation
As at 1 November 2023 5,433 10,918 16,351
Provided during the period 1,408 3,867 5,275
As at 31 October 2024 6,841 14,785 21,626
Net Book Value
As at 31 October 2024 22,301 4,603 26,904
As at 1 November 2023 23,709 5,790 29,499
5. Investments
Unlisted Other Total
£ £ £
Cost
As at 1 November 2023 336,517 100,000 436,517
Additions 109,376 - 109,376
Disposals - (100,000 ) (100,000 )
As at 31 October 2024 445,893 - 445,893
Provision
As at 1 November 2023 - - -
As at 31 October 2024 - - -
Net Book Value
As at 31 October 2024 445,893 - 445,893
As at 1 November 2023 336,517 100,000 436,517
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 112,311 122,624
Prepayments and accrued income 118 -
Pension scheme prepayments (756 ) (1,856 )
Net wages 901 -
Directors' loan accounts 80,300 -
Amounts owed by associates 500 1,400
193,374 122,168
...CONTINUED
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Due after more than one year
Other debtors (1) 340,354 390,406
533,728 512,574
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 46,444 48,563
Bank loans and overdrafts - 7,393
Other loans 110 -
Corporation tax 39,741 61,424
Other taxes and social security 573 12,621
VAT 60,206 53,173
Directors' loan accounts - 337
147,074 183,511
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 12,520 12,877
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
10. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 November 2023 Amounts advanced Amounts repaid Amounts written off As at 31 October 2024
£ £ £ £ £
Mrs Susan Tomlinson - 61,505 - - 61,892
Mr Philip Tomlinson - 61,505 - - 61,892
The above loan is unsecured. The Directors repaid this loan on 23rd July 2025. The original loan advanced was £61,505 per director.  Interest at 2.5% has been charged from Aug 24- Oct 24 and included in the total at end of period.  Further interest from Nov 24 to repayment date will be added in the next financial year.
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