Acorah Software Products - Accounts Production 16.4.675 false true true 31 October 2023 1 November 2022 false 1 November 2023 31 October 2024 31 October 2024 02473403 Mr Alfred Lewis Mr Barnaby Lewis Sir John Lewis true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 02473403 2023-10-31 02473403 2024-10-31 02473403 2023-11-01 2024-10-31 02473403 frs-core:CurrentFinancialInstruments 2024-10-31 02473403 frs-core:Non-currentFinancialInstruments 2024-10-31 02473403 frs-core:ComputerEquipment 2024-10-31 02473403 frs-core:ComputerEquipment 2023-11-01 2024-10-31 02473403 frs-core:ComputerEquipment 2023-10-31 02473403 frs-core:FurnitureFittings 2024-10-31 02473403 frs-core:FurnitureFittings 2023-11-01 2024-10-31 02473403 frs-core:FurnitureFittings 2023-10-31 02473403 frs-core:ShareCapital 2024-10-31 02473403 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31 02473403 frs-bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 02473403 frs-bus:FilletedAccounts 2023-11-01 2024-10-31 02473403 frs-bus:SmallEntities 2023-11-01 2024-10-31 02473403 frs-bus:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 02473403 frs-bus:SmallCompaniesRegimeForAccounts 2023-11-01 2024-10-31 02473403 1 2023-11-01 2024-10-31 02473403 frs-core:CostValuation 2023-10-31 02473403 frs-core:CostValuation 2024-10-31 02473403 frs-core:ProvisionsForImpairmentInvestments 2023-10-31 02473403 frs-core:ProvisionsForImpairmentInvestments 2024-10-31 02473403 frs-bus:Director1 2023-11-01 2024-10-31 02473403 frs-bus:Director1 2023-10-31 02473403 frs-bus:Director1 2024-10-31 02473403 frs-bus:Director2 2023-11-01 2024-10-31 02473403 frs-bus:Director3 2023-11-01 2024-10-31 02473403 frs-countries:EnglandWales 2023-11-01 2024-10-31 02473403 2022-10-31 02473403 2023-10-31 02473403 2022-11-01 2023-10-31 02473403 frs-core:CurrentFinancialInstruments 2023-10-31 02473403 frs-core:Non-currentFinancialInstruments 2023-10-31 02473403 frs-core:ShareCapital 2023-10-31 02473403 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31
Registered number: 02473403
Blakeney Holdings Limited
Unaudited Financial Statements
For The Year Ended 31 October 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—7
Page 1
Balance Sheet
Registered number: 02473403
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 583 999
Investments 5 2 2
585 1,001
CURRENT ASSETS
Debtors 6 35,168 28,701
Investments 7 2,026 2,026
Cash at bank and in hand 19,645 453
56,839 31,180
Creditors: Amounts Falling Due Within One Year 8 (76,773 ) (49,288 )
NET CURRENT ASSETS (LIABILITIES) (19,934 ) (18,108 )
TOTAL ASSETS LESS CURRENT LIABILITIES (19,349 ) (17,107 )
Creditors: Amounts Falling Due After More Than One Year 9 (8,873 ) (15,400 )
NET LIABILITIES (28,222 ) (32,507 )
CAPITAL AND RESERVES
Called up share capital 10 100,002 100,002
Profit and Loss Account (128,224 ) (132,509 )
SHAREHOLDERS' FUNDS (28,222) (32,507)
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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 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.
The financial statements were approved by the board of directors on 17 July 2025 and were signed on its behalf by:
Sir John Lewis
Director
17/07/2025
The notes on pages 3 to 7 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Blakeney Holdings Limited is a private company, limited by shares, incorporated in England & Wales, registered number 02473403 . The registered office is Unit 7 Vulcan House, Restmor Way, Wallington, SM6 7AH.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
2.2. Going Concern Disclosure
At the time of approving the financial statements, the directors have a reasonable excuse that the company has adequate resources to continue in operational existence for the forseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.
2.3. Significant judgements and estimations
In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
2.4. Turnover
Turnover is recognised at the fair value of the consideration received or receivable for consultancy services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts and settlement rebates.
2.5. Tangible Fixed Assets and Depreciation
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Fixtures & Fittings 25% reducing balance
Computer Equipment 33% straight line per annum
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.
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2.6. Financial Instruments
The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments. 
Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
Classification of financial liabilities
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
Basic financial liabilities
Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
Equity instruments
Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs.
Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion
of the company.
Changes in the fair value of derivatives that are designated and qualify as fair value hedges are recognised in profit or loss immediately, together with any changes in the fair value of the hedged asset or liability that are attributable to the hedged risk.
2.7. Fixed asset investments
Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.
Investments in stock exchange entities are initially measured at cost and subsequently revalued each year to reflect the movement in fair value.This fair value movement is recognised in profit or loss.
A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.
An associate is an entity, being neither a subsidiary nor a joint venture, in which the company holds a longterm interest and where the company has significant influence. The company considers that it has significant influence where it has the power to participate in the financial and operating decisions of the associate.
Entities in which the company has a long term interest and shares control under a contractual arrangement are classified as jointly controlled entities.
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2.8. Impairment of fixed assets
At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.
Recoverable amount is the higher of fair value less costs to sell and value in use. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset for which the estimates of future cash flows have not been adjusted.
If the recoverable amount of an asset (or cash-generating unit) is estimated to be less than its carrying amount, the carrying amount of the asset (or cash-generating unit) is reduced to its recoverable amount. An impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the impairment loss is treated as a revaluation decrease.
Recognised impairment losses are reversed if, and only if, the reasons for the impairment loss have ceased to apply. Where an impairment loss subsequently reverses, the carrying amount of the asset (or cashgenerating unit) is increased to the revised estimate of its recoverable amount, but so that the increased carrying amount does not exceed the carrying amount that would have been determined had no impairment loss been recognised for the asset (or cash-generating unit) in prior years. A reversal of an impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the reversal of the impairment loss is treated as a revaluation increase.
2.9. Employee benefits
The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets. 
The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.
Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2023: 4)
4 4
4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 November 2023 59,537 3,028 62,565
As at 31 October 2024 59,537 3,028 62,565
Depreciation
As at 1 November 2023 59,235 2,331 61,566
Provided during the period 76 340 416
As at 31 October 2024 59,311 2,671 61,982
Net Book Value
As at 31 October 2024 226 357 583
As at 1 November 2023 302 697 999
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5. Investments
Subsidiaries
£
Cost
As at 1 November 2023 2
As at 31 October 2024 2
Provision
As at 1 November 2023 -
As at 31 October 2024 -
Net Book Value
As at 31 October 2024 2
As at 1 November 2023 2
Fixed asset investments are valued at fair value, where attributable. If a fair value cannot be attributed to an investment, the investment has been measured at cost less provision for impairment.
6. Debtors
2024 2023
£ £
Due within one year
Other debtors 35,168 28,701
7. Current Asset Investments
2024 2023
£ £
Other investments, held for sale 2,026 2,026
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Bank loans and overdrafts 65,600 10,664
Other creditors 7,499 32,768
Taxation and social security 3,674 5,856
76,773 49,288
9. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 8,873 15,400
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100,002 100,002
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11. 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
£ £ £ £ £
Sir John Lewis - 26,787 26,787 - -
The above loan is unsecured, interest free and repayable on demand.
12. Related Party Transactions
At the year end, Sir J H J Lewis OBE, a director, owed the company £26,787 (2023 - £28,701) in the form of an overdrawn director's loan account. No interest was charged on this amount.
At the year end, Carew-Jones & Motley Limited, a company of which Sir J H J Lewis OBE is a director and has a beneficial interest, owed £59,000 (2023- £4,000) to the company. No interest was charged on this loan.
13. Ultimate Controlling Party
In the opinion of the directors, Sir J H J Lewis OBE is the ultimate controlling party.
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