Acorah Software Products - Accounts Production 16.2.850 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 11696728 Mr Bernard Lawlor Mr Terence Cook iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11696728 2023-12-31 11696728 2024-12-31 11696728 2024-01-01 2024-12-31 11696728 frs-core:CurrentFinancialInstruments 2024-12-31 11696728 frs-core:ComputerEquipment 2024-12-31 11696728 frs-core:ComputerEquipment 2024-01-01 2024-12-31 11696728 frs-core:ComputerEquipment 2023-12-31 11696728 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-01-01 2024-12-31 11696728 frs-core:OtherResidualIntangibleAssets 2024-12-31 11696728 frs-core:OtherResidualIntangibleAssets 2024-01-01 2024-12-31 11696728 frs-core:OtherResidualIntangibleAssets 2023-12-31 11696728 frs-core:PlantMachinery 2024-12-31 11696728 frs-core:PlantMachinery 2024-01-01 2024-12-31 11696728 frs-core:PlantMachinery 2023-12-31 11696728 frs-core:ShareCapital 2024-12-31 11696728 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 11696728 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 11696728 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 11696728 frs-bus:SmallEntities 2024-01-01 2024-12-31 11696728 frs-bus:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 11696728 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 11696728 frs-core:CostValuation 2023-12-31 11696728 frs-core:AdditionsToInvestments 2024-12-31 11696728 frs-core:CostValuation 2024-12-31 11696728 frs-core:ProvisionsForImpairmentInvestments 2023-12-31 11696728 frs-core:ProvisionsForImpairmentInvestments 2024-12-31 11696728 frs-bus:Director1 2024-01-01 2024-12-31 11696728 frs-bus:Director1 2023-12-31 11696728 frs-bus:Director1 2024-12-31 11696728 frs-bus:Director2 2024-01-01 2024-12-31 11696728 frs-countries:EnglandWales 2024-01-01 2024-12-31 11696728 2022-12-31 11696728 2023-12-31 11696728 2023-01-01 2023-12-31 11696728 frs-core:CurrentFinancialInstruments 2023-12-31 11696728 frs-core:ShareCapital 2023-12-31 11696728 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 11696728
Accertum Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2024
Allan Smith Accounting & Tax Limited
Chartered Accountants
Contents
Page
Accountants' Report 1
Balance Sheet 2
Notes to the Financial Statements 3—5
Page 1
Accountants' Report
Chartered Accountants' report to the directors on the preparation of the unaudited statutory accounts of Accertum Ltd for the year ended 31 December 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Accertum Ltd for the year ended 31 December 2024 which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given to us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/membership/regulations-standards-and-guidance.
This report is made solely to the directors of Accertum Ltd , as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Accertum Ltd and state those matters that we have agreed to state to the directors of Accertum Ltd , as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Accertum Ltd and its directors, as a body, for our work or for this report.
It is your duty to ensure that Accertum Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Accertum Ltd . You consider that Accertum Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit of the accounts of Accertum Ltd . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
28/07/2025
Allan Smith Accounting & Tax Limited
Chartered Accountants
Page 1
Page 2
Balance Sheet
Registered number: 11696728
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 - 217
Tangible Assets 5 2,587 1,551
Investments 6 66,180 62,436
68,767 64,204
CURRENT ASSETS
Debtors 7 72,061 65,714
Cash at bank and in hand 53,881 71,596
125,942 137,310
Creditors: Amounts Falling Due Within One Year 8 (74,337 ) (75,777 )
NET CURRENT ASSETS (LIABILITIES) 51,605 61,533
TOTAL ASSETS LESS CURRENT LIABILITIES 120,372 125,737
NET ASSETS 120,372 125,737
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 120,272 125,637
SHAREHOLDERS' FUNDS 120,372 125,737
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
Mr Terence Cook
Director
28/07/2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Accertum Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11696728 . The registered office is Sears Business Centre, 3-9 Station Street, Sittingbourne, Kent, ME10 3DU.
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.
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 are amortised to profit and loss account over their estimated economic life of 4 years.
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 25% straight line
Computer Equipment 25% straight line
2.5. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 5 (2023: 6)
5 6
4. Intangible Assets
Other
£
Cost
As at 1 January 2024 867
As at 31 December 2024 867
Amortisation
As at 1 January 2024 650
Provided during the period 217
As at 31 December 2024 867
...CONTINUED
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Page 4
Net Book Value
As at 31 December 2024 -
As at 1 January 2024 217
5. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 1 January 2024 - 10,025 10,025
Additions 2,160 499 2,659
As at 31 December 2024 2,160 10,524 12,684
Depreciation
As at 1 January 2024 - 8,474 8,474
Provided during the period 540 1,083 1,623
As at 31 December 2024 540 9,557 10,097
Net Book Value
As at 31 December 2024 1,620 967 2,587
As at 1 January 2024 - 1,551 1,551
6. Investments
Other
£
Cost
As at 1 January 2024 62,436
Additions 3,744
As at 31 December 2024 66,180
Provision
As at 1 January 2024 -
As at 31 December 2024 -
Net Book Value
As at 31 December 2024 66,180
As at 1 January 2024 62,436
Investments held by the company are classified as financial assets at fair value through profit or loss. These are measured initially at fair value, with subsequent changes in fair value recognised in the profit and loss account. Fair value is based on quoted market prices at the reporting date. Transaction costs are expensed as incurred.
7. Debtors
2024 2023
£ £
Due within one year
Trade debtors 60,454 62,005
Other debtors 11,607 3,709
72,061 65,714
Page 4
Page 5
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 571 (249 )
Other creditors 4,967 1,043
Taxation and social security 68,799 74,983
74,337 75,777
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
10. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 January 2024 Amounts advanced Amounts repaid Amounts written off As at 31 December 2024
£ £ £ £ £
Mr Terence Cook - 32 - - 32
The above loan is unsecured, interest free and repayable on demand.
Page 5