Acorah Software Products - Accounts Production 16.4.660 false true 31 October 2023 1 November 2022 false 1 November 2023 31 October 2024 31 October 2024 07054381 Mr Simon Barker Mrs Jacqueline Strange iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07054381 2023-10-31 07054381 2024-10-31 07054381 2023-11-01 2024-10-31 07054381 frs-core:CurrentFinancialInstruments 2024-10-31 07054381 frs-core:ComputerEquipment 2024-10-31 07054381 frs-core:ComputerEquipment 2023-11-01 2024-10-31 07054381 frs-core:ComputerEquipment 2023-10-31 07054381 frs-core:FurnitureFittings 2024-10-31 07054381 frs-core:FurnitureFittings 2023-11-01 2024-10-31 07054381 frs-core:FurnitureFittings 2023-10-31 07054381 frs-core:ShareCapital 2024-10-31 07054381 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31 07054381 frs-bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 07054381 frs-bus:FilletedAccounts 2023-11-01 2024-10-31 07054381 frs-bus:SmallEntities 2023-11-01 2024-10-31 07054381 frs-bus:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 07054381 frs-bus:SmallCompaniesRegimeForAccounts 2023-11-01 2024-10-31 07054381 frs-bus:Director1 2023-11-01 2024-10-31 07054381 frs-bus:Director2 2023-11-01 2024-10-31 07054381 frs-countries:EnglandWales 2023-11-01 2024-10-31 07054381 2022-10-31 07054381 2023-10-31 07054381 2022-11-01 2023-10-31 07054381 frs-core:CurrentFinancialInstruments 2023-10-31 07054381 frs-core:ShareCapital 2023-10-31 07054381 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31
Registered number: 07054381
Simon Barker Consulting Ltd
Unaudited Financial Statements
For The Year Ended 31 October 2024
RM Accounts Services
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—4
Page 1
Balance Sheet
Registered number: 07054381
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 54 97
54 97
CURRENT ASSETS
Debtors 5 21,860 18,298
Cash at bank and in hand 34,171 21,728
56,031 40,026
Creditors: Amounts Falling Due Within One Year 6 (43,225 ) (32,866 )
NET CURRENT ASSETS (LIABILITIES) 12,806 7,160
TOTAL ASSETS LESS CURRENT LIABILITIES 12,860 7,257
NET ASSETS 12,860 7,257
CAPITAL AND RESERVES
Called up share capital 7 30 20
Profit and Loss Account 12,830 7,237
SHAREHOLDERS' FUNDS 12,860 7,257
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 Simon Barker
Director
28/07/2025
The notes on pages 2 to 4 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Simon Barker Consulting Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 07054381 . The registered office is Clent 70 Sebastian Avenue, Shenfield, Brentwood, Essex, England, CM15 8PP.
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:
Fixtures & Fittings 33% SLM
Computer Equipment 33% SLM
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid
investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of
change in value.
Trade debtors
Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary
course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost
using the effective interest method, less provision for impairment. A provision for the impairment of trade
debtors is established when there is objective evidence that the company will not be able to collect all amounts
due according to the original terms of the receivables.
Trade creditors
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of
business from suppliers. Accounts payable are classified as current liabilities if the company does not have an
unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve
months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months
after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost
using the effective interest method.
Share capital
Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other
resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred
and the time value of money is material, the initial measurement is on a present value basis.
Dividends
...CONTINUED
Page 2
Page 3
2.3. Tangible Fixed Assets and Depreciation - continued
Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the
reporting period in which the dividends are declared.
2.4. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet 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.
2.5. 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: 2 (2023: 2)
2 2
4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 November 2023 5,877 898 6,775
As at 31 October 2024 5,877 898 6,775
Depreciation
As at 1 November 2023 5,780 898 6,678
Provided during the period 43 - 43
As at 31 October 2024 5,823 898 6,721
Net Book Value
As at 31 October 2024 54 - 54
As at 1 November 2023 97 - 97
Page 3
Page 4
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 20,911 17,820
Other debtors 949 478
21,860 18,298
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 96 100
Other creditors 216 216
Taxation and social security 42,913 32,550
43,225 32,866
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 30 20
8. Directors Advances, Credits and Guarantees
Dividends paid to directors
2024 2023
£ £
Mr Simon Barker 39,500 50,500
Mrs Jacqueline Strange 39,500 50,500
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