Acorah Software Products - Accounts Production 16.4.675 false true true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 06007343 Mr P Even Mr W Lecocq Mr W Lecocq false iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06007343 2024-03-31 06007343 2025-03-31 06007343 2024-04-01 2025-03-31 06007343 frs-core:Non-currentFinancialInstruments 2025-03-31 06007343 frs-core:BetweenOneFiveYears 2025-03-31 06007343 frs-core:ComputerEquipment 2024-04-01 2025-03-31 06007343 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-04-01 2025-03-31 06007343 frs-core:FurnitureFittings 2024-04-01 2025-03-31 06007343 frs-core:MotorVehicles 2024-04-01 2025-03-31 06007343 frs-core:PlantMachinery 2024-04-01 2025-03-31 06007343 frs-core:WithinOneYear 2025-03-31 06007343 frs-core:ShareCapital 2025-03-31 06007343 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 06007343 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 06007343 frs-bus:AbridgedAccounts 2024-04-01 2025-03-31 06007343 frs-bus:SmallEntities 2024-04-01 2025-03-31 06007343 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 06007343 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 06007343 1 2024-04-01 2025-03-31 06007343 frs-bus:Director1 2024-04-01 2025-03-31 06007343 frs-bus:Director2 2024-04-01 2025-03-31 06007343 frs-bus:CompanySecretary1 2024-04-01 2025-03-31 06007343 frs-countries:EnglandWales 2024-04-01 2025-03-31 06007343 2023-03-31 06007343 2024-03-31 06007343 2023-04-01 2024-03-31 06007343 frs-core:Non-currentFinancialInstruments 2024-03-31 06007343 frs-core:BetweenOneFiveYears 2024-03-31 06007343 frs-core:WithinOneYear 2024-03-31 06007343 frs-core:ShareCapital 2024-03-31 06007343 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 06007343
Gazette Limited
Unaudited ABRIDGED Financial Statements
For The Year Ended 31 March 2025
AJ Fleet and Co Limited
Chartered Certified Accountants
Hyde Park House
Cartwright Street
Hyde
SK14 4EH
Contents
Page
Abridged Statement of Financial Position 1—2
Notes to the Abridged Financial Statements 3—5
Page 1
Abridged Statement of Financial Position
Registered number: 06007343
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 136 153
Tangible Assets 5 34,400 50,742
34,536 50,895
CURRENT ASSETS
Stocks 27,235 26,466
Debtors 206,172 383,666
Cash at bank and in hand 8,981 2,823
242,388 412,955
Creditors: Amounts Falling Due Within One Year (338,534 ) (371,887 )
NET CURRENT ASSETS (LIABILITIES) (96,146 ) 41,068
TOTAL ASSETS LESS CURRENT LIABILITIES (61,610 ) 91,963
Creditors: Amounts Falling Due After More Than One Year (1,667 ) (11,667 )
NET (LIABILITIES)/ASSETS (63,277 ) 80,296
CAPITAL AND RESERVES
Called up share capital 6 99 99
Income Statement (63,376 ) 80,197
SHAREHOLDERS' FUNDS (63,277) 80,296
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For the year ending 31 March 2025 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.
All of the company's members have consented to the preparation of an Abridged Income Statement and an Abridged Statement of Financial Position for the year end 31 March 2025 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr W Lecocq
Director
25/06/2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. General Information
Gazette Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06007343 . The registered office is Gazette, Sherwood Court, Chatfield Road, London, SW11 3UY.
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. Going Concern Disclosure
The financial statements have been prepared on a going concern basis. At the Statement of Financial Position date the company has net current liabilities of £96,146 and net liabilities of £63,277. The validity of the going concern assumptions depends on the continued support of the company's shareholders and providers of finance. The directors are of the opinion that this support will not be withdrawn and that it is appropriate to prepare the financial statements on a going concern basis. The financial statements do not include any adjustments that would result from a withdrawal of this support.
2.3. 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.
2.4. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are a trademark. It is amortised to income statement over its estimated economic life of ten years.
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:
Plant & Machinery 20% straight line
Motor Vehicles 20% straight line
Fixtures & Fittings 0% - 20% straight line
Computer Equipment 20% straight line
2.6. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.7. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position 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.
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2.8. 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: 30 (2024: 33)
30 33
4. Intangible Assets
Total
£
Cost
As at 1 April 2024 170
As at 31 March 2025 170
Amortisation
As at 1 April 2024 17
Provided during the period 17
As at 31 March 2025 34
Net Book Value
As at 31 March 2025 136
As at 1 April 2024 153
5. Tangible Assets
Total
£
Cost
As at 1 April 2024 223,661
Additions 523
As at 31 March 2025 224,184
...CONTINUED
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Page 5
Depreciation
As at 1 April 2024 172,919
Provided during the period 16,865
As at 31 March 2025 189,784
Net Book Value
As at 31 March 2025 34,400
As at 1 April 2024 50,742
6. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 99 99
7. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2025 2024
£ £
Not later than one year 51,000 51,000
Later than one year and not later than five years 28,900 79,900
79,900 130,900
8. Related Party Transactions
During the year, the company repaid Coulombaud, a business owned by Mike Waterson who is a shareholder of the company. At the 31 March 2025 the outstanding balance owed to Coulombaud is £0 (2024 £14,615).
The company also entered into transactions with companies which the shareholders and directors, Mr P Even and Mr W Lecocq, are also the shareholders and directors of. These transactions were as follows:
Roquebrune Limited
Supplied to Roquebrune Limited £118,438.
Balance owing from Roquebrune Limited at 31 March 2025 £118,438.
WAPA Limited
Supplied to WAPA Limited £882.
Loan from WAPA Limited £39,150.
Balance owing to WAPA Limited at 31 March 2025 £38,268.
Gazettechancery Limited
Supplied to Gazettechancery Limited £30,048.
Balance owing from Gazettechancery Limited at 31 March 2025 £30,048.
Wapanamann Ltd
Supplied to Wapanamann Ltd £4,133.
Loan to Wapanamann Ltd of £181.
Balance owing from Wapanamann Ltd at 31 March 2025 £4,314.
9. Controlling Party Not Known
The company's ultimate controlling party is unknown.
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