Acorah Software Products - Accounts Production 16.4.675 false true true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 10569310 Mr Michael Ingall Mr Suresh Gorasia true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10569310 2023-12-31 10569310 2024-12-31 10569310 2024-01-01 2024-12-31 10569310 frs-core:CurrentFinancialInstruments 2024-12-31 10569310 frs-core:ComputerEquipment 2024-12-31 10569310 frs-core:ComputerEquipment 2024-01-01 2024-12-31 10569310 frs-core:ComputerEquipment 2023-12-31 10569310 frs-core:FurnitureFittings 2024-12-31 10569310 frs-core:FurnitureFittings 2024-01-01 2024-12-31 10569310 frs-core:FurnitureFittings 2023-12-31 10569310 frs-core:MotorVehicles 2024-12-31 10569310 frs-core:MotorVehicles 2024-01-01 2024-12-31 10569310 frs-core:MotorVehicles 2023-12-31 10569310 frs-core:ShareCapital 2024-12-31 10569310 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 10569310 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 10569310 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 10569310 frs-bus:SmallEntities 2024-01-01 2024-12-31 10569310 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 10569310 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 10569310 1 2024-01-01 2024-12-31 10569310 frs-bus:Director1 2024-01-01 2024-12-31 10569310 frs-bus:Director2 2024-01-01 2024-12-31 10569310 frs-countries:EnglandWales 2024-01-01 2024-12-31 10569310 2022-12-31 10569310 2023-12-31 10569310 2023-01-01 2023-12-31 10569310 frs-core:CurrentFinancialInstruments 2023-12-31 10569310 frs-core:ShareCapital 2023-12-31 10569310 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 10569310
All Plus Management Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
Contents
Page
Statement of Financial Position 1
Notes to the Financial Statements 2—5
Page 1
Statement of Financial Position
Registered number: 10569310
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 22,375 26,512
22,375 26,512
CURRENT ASSETS
Debtors 5 1,964,101 1,236,917
Cash at bank and in hand 402,619 924,107
2,366,720 2,161,024
Creditors: Amounts Falling Due Within One Year 6 (343,634 ) (362,696 )
NET CURRENT ASSETS (LIABILITIES) 2,023,086 1,798,328
TOTAL ASSETS LESS CURRENT LIABILITIES 2,045,461 1,824,840
NET ASSETS 2,045,461 1,824,840
CAPITAL AND RESERVES
Called up share capital 7 100 100
Income Statement 2,045,361 1,824,740
SHAREHOLDERS' FUNDS 2,045,461 1,824,840
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 Income Statement.
On behalf of the board
Mr Suresh Gorasia
Director
4 August 2025
The notes on pages 2 to 5 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
All Plus Management Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10569310 . The registered office is C/O Allied London, Suite 1, Bonded Warehouse, 18 Lower Byrom Street, Manchester, Greater Manchester, M3 4AP.
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 the provisions of Financial Reporting Standard 102 section 1A small entities, the Financial Reporting Standard applicable in the United Kingdom and the Republic of Ireland and the Companies Act 2006.
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 pound. 
The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgement in applying the company's accounting policies (see note 2.3).
2.2. Going Concern Disclosure
The directors have assessed the financial performance and note that as at 31 December 2024 the company had net assets of £2,045,461 (2023: £1,824,840) and made a profit after taxation for the financial year of £449,788 (2023: £502,092).
Management has undertaken a thorough going concern review which has included forecasts from 12 months from signing date of the financial statements to ensure the company will continue to be able to meet its liabilities for the next year from the signing date of the accounts. The forecasts included some sensitivity on the income obtained, with expenditure being managed accordingly to maintain sufficient reserves. Furthermore, the company had a cash balance of £402,619 as at 31 December 2024.
Therefore, the board considers that the company will be able to continue to trade as a going concern and meet its liabilities as they fall due.
2.3. Significant judgements and estimations
In preparing these financial statements, the directors consider that there are no significant judgements in applying the accounting policies. Nor are there any key sources of uncertainty.
2.4. Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
2.5. 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:
Motor Vehicles 25% Reducing Balance
Fixtures & Fittings 50% Straight Line
Computer Equipment 25% Straight Line
2.6. Financial Instruments
Financial assets 
Financial assets, other than investments and derivatives, are initially measured at transaction price (including transaction costs) and subsequently held at cost, less any impairment. 
Financial liabilities and equity 
Financial liabilities and equity are classified according to the substance of the financial instrument's contractual obligations, rather than the financial instrument's legal form. Financial liabilities, excluding convertible debt and derivatives, are initially measured at transaction price (including transaction costs) and subsequently held at amortised cost. 
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2.7. 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 Taxation
Deferred balances are recognised in respect of all timing differences that have originated but not reversed by the statement of financial position date, except: 
• The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; 
• Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met; and 
• Where timing differences relate to interests in subsidiaries, associates, branches and joint ventures and the group can control their reversal and such reversal is not considered probable in the foreseeable future. 
Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. 
Deferred income tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.
2.8. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the income statement as they become payable in accordance with the rules of the scheme.
2.9. Dividends
Equity dividends are recognised when they become legally payable. Final equity dividends are recognised when approved by the shareholders at an annual general meeting. Dividends on shares recognised as liabilities are recognised as expenses and classified within interest payable.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 42 (2023: 39)
42 39
4. Tangible Assets
Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 January 2024 35,000 630 43,190 78,820
Additions - - 5,055 5,055
As at 31 December 2024 35,000 630 48,245 83,875
Depreciation
As at 1 January 2024 24,599 630 27,079 52,308
Provided during the period 2,600 - 6,592 9,192
As at 31 December 2024 27,199 630 33,671 61,500
Net Book Value
As at 31 December 2024 7,801 - 14,574 22,375
As at 1 January 2024 10,401 - 16,111 26,512
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5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 373,789 200,868
Prepayments and accrued income 96,683 130,185
Other debtors 1,938 35,006
Amounts owed by related parties 1,491,691 870,858
1,964,101 1,236,917
All amounts shown under debtors fall due for payment within one year.
Amounts due from related parties are repayable on demand and not interest bearing.
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 21,870 72,500
Corporation tax 150,326 154,518
VAT 117,965 91,898
Other creditors 9,372 3,780
Accruals and deferred income 44,101 40,000
343,634 362,696
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
8. Financial Instruments
The Company considers that the fair value of cash and cash equivalents, loans, trade and other receivables, and trade and other payables are not materially different to their carrying value. There are no financial instruments held at fair value through profit and loss.
9. Dividends
2024 2023
£ £
On equity shares:
Final dividend paid 229,167 50,000
During the year, the company paid a dividend of £2,291.67 per ordinary share (2023: £500).
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10. Related Party Transactions
The company has taken advantage of the exemption allowed by Financial Reporting Standard 102, "Related party disclosures" Section 33.1A not to disclose details of related party transactions with entities that are 100% owned members of the same group. There are no other related party transactions other than as disclosed.
All Plus Management Two Limited
All Plus Management Two Limited and All Plus Management Limited share common directors. The company is owed £25 (2023: £25) from All Plus Management Two Limited.
Panorama Capital Limited
Panorama Capital Limited and All Plus Management Limited share common directors. The company is owed £1,208,333 (2023: £587,500) from Panorama Capital Limited.
Versa Holdco (Investment) Limited
Versa Holdco (Investments) Limited and All Plus Management Limited share common directors. The company is owed £283,333 (2023: £283,333) from Versa Holdco (Investments) Limited.
11. Ultimate Controlling Party
The directors consider the ultimate controlling party to be M Ingall, who is also a director of the company.
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