Acorah Software Products - Accounts Production 16.5.460 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 07758427 MR ROBERT OFFLEY iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07758427 2023-12-31 07758427 2024-12-31 07758427 2024-01-01 2024-12-31 07758427 frs-core:CurrentFinancialInstruments 2024-12-31 07758427 frs-core:Non-currentFinancialInstruments 2024-12-31 07758427 frs-core:ComputerEquipment 2024-12-31 07758427 frs-core:ComputerEquipment 2024-01-01 2024-12-31 07758427 frs-core:ComputerEquipment 2023-12-31 07758427 frs-core:FurnitureFittings 2024-12-31 07758427 frs-core:FurnitureFittings 2024-01-01 2024-12-31 07758427 frs-core:FurnitureFittings 2023-12-31 07758427 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-01-01 2024-12-31 07758427 frs-core:OtherResidualIntangibleAssets 2024-12-31 07758427 frs-core:OtherResidualIntangibleAssets 2023-12-31 07758427 frs-core:ShareCapital 2024-12-31 07758427 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 07758427 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 07758427 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 07758427 frs-bus:SmallEntities 2024-01-01 2024-12-31 07758427 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 07758427 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 07758427 frs-bus:Director1 2024-01-01 2024-12-31 07758427 frs-countries:EnglandWales 2024-01-01 2024-12-31 07758427 2022-12-31 07758427 2023-12-31 07758427 2023-01-01 2023-12-31 07758427 frs-core:CurrentFinancialInstruments 2023-12-31 07758427 frs-core:Non-currentFinancialInstruments 2023-12-31 07758427 frs-core:ShareCapital 2023-12-31 07758427 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 07758427
CENTRILOGIC LTD
Unaudited Financial Statements
For The Year Ended 31 December 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 07758427
2024 2023
as restated
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 454 454
Tangible Assets 5 149,394 108,322
149,848 108,776
CURRENT ASSETS
Debtors 6 390,439 447,897
Cash at bank and in hand 131,700 54,021
522,139 501,918
Creditors: Amounts Falling Due Within One Year 7 (1,335,591 ) (1,279,645 )
NET CURRENT ASSETS (LIABILITIES) (813,452 ) (777,727 )
TOTAL ASSETS LESS CURRENT LIABILITIES (663,604 ) (668,951 )
Creditors: Amounts Falling Due After More Than One Year 8 (2,089,143 ) (2,356,003 )
NET LIABILITIES (2,752,747 ) (3,024,954 )
CAPITAL AND RESERVES
Called up share capital 9 832,093 102
Profit and Loss Account (3,584,840 ) (3,025,056 )
SHAREHOLDERS' FUNDS (2,752,747) (3,024,954)
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 ROBERT OFFLEY
Director
20/08/2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
CENTRILOGIC LTD is a private company, limited by shares, incorporated in England & Wales, registered number 07758427 . The registered office is 5 Arlington Square, Downshire Way, Bracknell, Berkshire, RG12 1WA.
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 net invoiced sales of services, excluding value added tax. Revenues are earned from the
performance of cloud computing, managed hosting and data centre services. Revenues, invoiced in accordance
with the contracts, are recognised as services are performed, with billing on a monthly basis, and collection is
reasonably assured. Payments received in advance of the service performance are recorded as deferred revenue.
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 or, if held under a finance lease, over the lease term, whichever is the shorteron the following bases:
Leasehold 33.33%
Fixtures & Fittings 33.33%
Computer Equipment 33.33%
2.4. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Intangible Assets
Other
£
Cost
As at 1 January 2024 779
As at 31 December 2024 779
Amortisation
As at 1 January 2024 325
As at 31 December 2024 325
Net Book Value
As at 31 December 2024 454
As at 1 January 2024 454
Page 3
Page 4
5. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 January 2024 244,998 1,520,827 1,765,825
Additions 47,581 764 48,345
As at 31 December 2024 292,579 1,521,591 1,814,170
Depreciation
As at 1 January 2024 144,267 1,513,236 1,657,503
Provided during the period 3,017 4,256 7,273
As at 31 December 2024 147,284 1,517,492 1,664,776
Net Book Value
As at 31 December 2024 145,295 4,099 149,394
As at 1 January 2024 100,731 7,591 108,322
6. Debtors
2024 2023
as restated
£ £
Due within one year
Trade debtors 72,307 128,533
Prepayments and accrued income 314,037 312,728
VAT 4,095 6,636
390,439 447,897
7. Creditors: Amounts Falling Due Within One Year
2024 2023
as restated
£ £
Trade creditors 359,937 294,588
Other taxes and social security 12,007 844
Other creditors 714,820 777,137
Accruals and deferred income 248,827 207,076
1,335,591 1,279,645
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
as restated
£ £
Amounts owed to associates 2,089,143 2,356,003
9. Share Capital
2024 2023
as restated
£ £
Allotted, Called up and fully paid 832,093 102
Page 4