Acorah Software Products - Accounts Production 16.4.660 false true 31 December 2023 1 December 2023 false 1 January 2024 31 December 2024 31 December 2024 02671935 Mr Sean Brown Mrs Deborah Brown iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 02671935 2023-12-31 02671935 2024-12-31 02671935 2024-01-01 2024-12-31 02671935 frs-core:CurrentFinancialInstruments 2024-12-31 02671935 frs-core:BetweenOneFiveYears 2024-12-31 02671935 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-01-01 2024-12-31 02671935 frs-core:FurnitureFittings 2024-12-31 02671935 frs-core:FurnitureFittings 2024-01-01 2024-12-31 02671935 frs-core:FurnitureFittings 2023-12-31 02671935 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-12-31 02671935 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 02671935 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-12-31 02671935 frs-core:MoreThanFiveYears 2024-12-31 02671935 frs-core:MotorVehicles 2024-12-31 02671935 frs-core:MotorVehicles 2024-01-01 2024-12-31 02671935 frs-core:MotorVehicles 2023-12-31 02671935 frs-core:OtherResidualIntangibleAssets 2024-12-31 02671935 frs-core:OtherResidualIntangibleAssets 2023-12-31 02671935 frs-core:PlantMachinery 2024-12-31 02671935 frs-core:PlantMachinery 2024-01-01 2024-12-31 02671935 frs-core:PlantMachinery 2023-12-31 02671935 frs-core:WithinOneYear 2024-12-31 02671935 frs-core:ShareCapital 2024-12-31 02671935 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 02671935 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 02671935 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 02671935 frs-bus:SmallEntities 2024-01-01 2024-12-31 02671935 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 02671935 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 02671935 frs-bus:OrdinaryShareClass1 2024-01-01 2024-12-31 02671935 frs-bus:OrdinaryShareClass1 2024-12-31 02671935 frs-bus:OrdinaryShareClass2 2024-01-01 2024-12-31 02671935 frs-bus:OrdinaryShareClass2 2024-12-31 02671935 frs-core:DeferredTaxation 2024-01-01 2024-12-31 02671935 frs-core:DeferredTaxation 2023-12-31 02671935 frs-core:DeferredTaxation 2024-12-31 02671935 frs-bus:Director1 2024-01-01 2024-12-31 02671935 frs-bus:CompanySecretary1 2024-01-01 2024-12-31 02671935 frs-countries:EnglandWales 2024-01-01 2024-12-31 02671935 2023-11-30 02671935 2023-12-31 02671935 2023-12-01 2023-12-31 02671935 frs-core:CurrentFinancialInstruments 2023-12-31 02671935 frs-core:BetweenOneFiveYears 2023-12-31 02671935 frs-core:MoreThanFiveYears 2023-12-31 02671935 frs-core:WithinOneYear 2023-12-31 02671935 frs-core:ShareCapital 2023-12-31 02671935 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 02671935 frs-bus:OrdinaryShareClass1 2023-12-01 2023-12-31 02671935 frs-bus:OrdinaryShareClass2 2023-12-01 2023-12-31
Registered number: 02671935
Brown & Geeson Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
Rose & Co Tax Advisory Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 02671935
31 December 2024 31 December 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 5,180 5,180
Tangible Assets 5 149,215 110,053
154,395 115,233
CURRENT ASSETS
Stocks 6 370,747 391,595
Debtors 7 137,737 171,397
Cash at bank and in hand 135,265 94,333
643,749 657,325
Creditors: Amounts Falling Due Within One Year 8 (506,497 ) (489,597 )
NET CURRENT ASSETS (LIABILITIES) 137,252 167,728
TOTAL ASSETS LESS CURRENT LIABILITIES 291,647 282,961
PROVISIONS FOR LIABILITIES
Deferred Taxation (3,808 ) (5,039 )
NET ASSETS 287,839 277,922
CAPITAL AND RESERVES
Called up share capital 11 606 606
Profit and Loss Account 287,233 277,316
SHAREHOLDERS' FUNDS 287,839 277,922
Page 1
Page 2
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 member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 Sean Brown
Director
28/05/2025
The notes on pages 3 to 6 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Brown & Geeson Limited is a private company, limited by shares, incorporated in England & Wales, registered number 02671935 . The registered office is 12 Buckingham Square, Wickford Business Park, Wickford, Essex, SS11 8YQ.
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. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets consists of solely a personalised vehicle registration number. The directors consider that the current market value is not materially different from the cost of the asset. 
2.4. 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% or 10% straight line
Motor Vehicles 20% straight line
Fixtures & Fittings 20% straight line
Improvements to property is not depreciated. 
2.5. 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.
2.6. 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.
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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 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.
2.8. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
2.9. Related party exemption
The company has taken advantage of the exemption, under the terms of Financial Reporting Standard 102 'The Financial Reproting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidaries within the group. 
2.10. Research and development
Expenditure on research and development is written off in the year in which it is incurred. 
3. Average Number of Employees
Average number of employees, including directors, during the year was: 6 (2023: 7)
6 7
4. Intangible Assets
Patents & licenses
£
Cost
As at 1 January 2024 5,180
As at 31 December 2024 5,180
Net Book Value
As at 31 December 2024 5,180
As at 1 January 2024 5,180
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5. Tangible Assets
Land & Property
Improvements to property Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £ £
Cost
As at 1 January 2024 55,074 58,822 237,810 23,100 374,806
Additions - - 113,868 1,080 114,948
Disposals - - (83,270 ) - (83,270 )
As at 31 December 2024 55,074 58,822 268,408 24,180 406,484
Depreciation
As at 1 January 2024 54,609 58,115 131,662 20,367 264,753
Provided during the period - 470 48,853 1,482 50,805
Disposals - - (58,289 ) - (58,289 )
As at 31 December 2024 54,609 58,585 122,226 21,849 257,269
Net Book Value
As at 31 December 2024 465 237 146,182 2,331 149,215
As at 1 January 2024 465 707 106,148 2,733 110,053
6. Stocks
31 December 2024 31 December 2023
£ £
Stock 370,747 391,595
7. Debtors
31 December 2024 31 December 2023
£ £
Due within one year
Trade debtors 111,427 149,954
Other debtors 26,310 21,443
137,737 171,397
8. Creditors: Amounts Falling Due Within One Year
31 December 2024 31 December 2023
£ £
Trade creditors 95,447 109,265
Debentures 350,426 341,879
Other creditors 29,802 4,255
Taxation and social security 30,822 34,198
506,497 489,597
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9. Secured Creditors
The following amounts are secured by way of a fixed and floating charge on the assets of the company and is repayable on demand. Interest is charged at 2.5% per annum above base rate.
31 December 2024 31 December 2023
£ £
Other Creditors 350,426 341,879
10. Provisions for Liabilities
Deferred Tax Total
£ £
As at 1 January 2024 5,039 5,039
Deferred taxation (1,231 ) (1,231 )
Balance at 31 December 2024 3,808 3,808
11. Share Capital
31 December 2024 31 December 2023
Allotted, called up and fully paid £ £
600 Ordinary Shares of £ 1.00 each 600 600
60 Ordinary A shares of £ 0.10 each 6 6
606 606
12. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
31 December 2024 31 December 2023
£ £
Not later than one year 53,491 53,364
Later than one year and not later than five years 196,000 196,000
Later than five years 175,917 228,917
425,408 478,281
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