Acorah Software Products - Accounts Production 16.4.675 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 07444255 H S McLeish D S McLeish iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07444255 2023-12-31 07444255 2024-12-31 07444255 2024-01-01 2024-12-31 07444255 frs-core:CurrentFinancialInstruments 2024-12-31 07444255 frs-core:ComputerEquipment 2024-12-31 07444255 frs-core:ComputerEquipment 2024-01-01 2024-12-31 07444255 frs-core:ComputerEquipment 2023-12-31 07444255 frs-core:ShareCapital 2024-12-31 07444255 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 07444255 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 07444255 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 07444255 frs-bus:SmallEntities 2024-01-01 2024-12-31 07444255 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 07444255 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 07444255 frs-bus:Director1 2024-01-01 2024-12-31 07444255 frs-bus:Director2 2024-01-01 2024-12-31 07444255 frs-core:CurrentFinancialInstruments 1 2024-12-31 07444255 frs-core:CurrentFinancialInstruments 2 2024-12-31 07444255 frs-countries:EnglandWales 2024-01-01 2024-12-31 07444255 2022-12-31 07444255 2023-12-31 07444255 2023-01-01 2023-12-31 07444255 frs-core:CurrentFinancialInstruments 2023-12-31 07444255 frs-core:ShareCapital 2023-12-31 07444255 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 07444255 frs-core:CurrentFinancialInstruments 1 2023-12-31 07444255 frs-core:CurrentFinancialInstruments 2 2023-12-31
Registered number: 07444255
Balanced Resources Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
Competex Limited
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 07444255
2024 2023
Notes £ £ £ £
FIXED ASSETS
CURRENT ASSETS
Debtors 5 616,922 1,777,725
Cash at bank and in hand 122,181 858,824
739,103 2,636,549
Creditors: Amounts Falling Due Within One Year 6 (607,079 ) (2,577,828 )
NET CURRENT ASSETS (LIABILITIES) 132,024 58,721
TOTAL ASSETS LESS CURRENT LIABILITIES 132,024 58,721
NET ASSETS 132,024 58,721
CAPITAL AND RESERVES
Called up share capital 7 110 110
Profit and Loss Account 131,914 58,611
SHAREHOLDERS' FUNDS 132,024 58,721
For the year ending 31 December 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
D S McLeish
Director
31 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
Balanced Resources Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07444255 . The registered office is The Old Bakery, Blackborough Road, Reigate, RH2 7BU.
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 represents invoiced sales of services performed during the year, excluding value added tax.
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:
Computer Equipment 50%
2.4. Taxation
Income tax expense represents the sum of the tax currently payable, based on taxable profit for the year. 
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 January 2024 483
As at 31 December 2024 483
Depreciation
As at 1 January 2024 483
As at 31 December 2024 483
Net Book Value
As at 31 December 2024 -
As at 1 January 2024 -
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors - 675,439
Prepayments and accrued income 616,820 868,142
Corporation tax recoverable assets - 233,929
VAT 102 215
616,922 1,777,725
Page 2
Page 3
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Bank loans and overdrafts 133 -
Corporation tax 20,839 31,851
Accrued expenses 584,094 2,545,353
Directors' current accounts 2,013 624
607,079 2,577,828
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 110 110
Page 3