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 09500200 Mr Andrew Broster Mr Dominic Cassidy Mr Antony Marchant Mr Kevin Moran Mr Andrew Broster Broster Buchanan EBT Ltd true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09500200 2023-12-31 09500200 2024-12-31 09500200 2024-01-01 2024-12-31 09500200 frs-core:CurrentFinancialInstruments 2024-12-31 09500200 frs-core:Non-currentFinancialInstruments 2024-12-31 09500200 frs-core:PlantMachinery 2024-12-31 09500200 frs-core:PlantMachinery 2024-01-01 2024-12-31 09500200 frs-core:PlantMachinery 2023-12-31 09500200 frs-core:CapitalRedemptionReserve 2024-12-31 09500200 frs-core:ShareCapital 2024-12-31 09500200 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 09500200 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 09500200 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 09500200 frs-bus:SmallEntities 2024-01-01 2024-12-31 09500200 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 09500200 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 09500200 1 2024-01-01 2024-12-31 09500200 frs-bus:Director1 2024-01-01 2024-12-31 09500200 frs-bus:Director1 2023-12-31 09500200 frs-bus:Director1 2024-12-31 09500200 frs-bus:Director2 2024-01-01 2024-12-31 09500200 frs-bus:Director2 2023-12-31 09500200 frs-bus:Director2 2024-12-31 09500200 frs-bus:Director3 2024-01-01 2024-12-31 09500200 frs-bus:Director3 2023-12-31 09500200 frs-bus:Director3 2024-12-31 09500200 frs-bus:Director4 2024-01-01 2024-12-31 09500200 frs-bus:Director4 2023-12-31 09500200 frs-bus:Director4 2024-12-31 09500200 frs-bus:CompanySecretary1 2024-01-01 2024-12-31 09500200 frs-countries:EnglandWales 2024-01-01 2024-12-31 09500200 2022-12-31 09500200 2023-12-31 09500200 2023-01-01 2023-12-31 09500200 frs-core:CurrentFinancialInstruments 2023-12-31 09500200 frs-core:Non-currentFinancialInstruments 2023-12-31 09500200 frs-core:CapitalRedemptionReserve 2023-12-31 09500200 frs-core:ShareCapital 2023-12-31 09500200 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 09500200
Broster Buchanan Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 09500200
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 61,192 63,798
61,192 63,798
CURRENT ASSETS
Debtors 5 1,796,385 1,231,147
Cash at bank and in hand 261,252 107,542
2,057,637 1,338,689
Creditors: Amounts Falling Due Within One Year 6 (1,369,244 ) (1,204,680 )
NET CURRENT ASSETS (LIABILITIES) 688,393 134,009
TOTAL ASSETS LESS CURRENT LIABILITIES 749,585 197,807
Creditors: Amounts Falling Due After More Than One Year 7 (379,565 ) (135,000 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (15,298 ) (15,940 )
NET ASSETS 354,722 46,867
CAPITAL AND RESERVES
Called up share capital 8 180 180
Capital redemption reserve 50 50
Profit and Loss Account 354,492 46,637
SHAREHOLDERS' FUNDS 354,722 46,867
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 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 Andrew Broster
Director
02/09/2025
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
Broster Buchanan Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09500200 . The registered office is 65 High Street, Harpenden, Hertfordshire, AL5 2SL.
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. 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
2.4. 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 year 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 asset reflects 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 or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also 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: 43 (2023: 48)
43 48
Page 3
Page 4
4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 January 2024 134,771
Additions 23,755
As at 31 December 2024 158,526
Depreciation
As at 1 January 2024 70,973
Provided during the period 26,361
As at 31 December 2024 97,334
Net Book Value
As at 31 December 2024 61,192
As at 1 January 2024 63,798
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 220,580 401,428
Other debtors 764,357 727,092
Amounts owed by group undertakings 811,448 102,627
1,796,385 1,231,147
An amount of £301,868 (2023: £102,627) is owed by Broster Buchanan No1 Ltd, a 75% subsidiary of this company.
An amount of £509,580 (2023: Nil) is owed by Broster Buchanan EBT Ltd - the holding company of this company
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 709,044 741,731
Bank loans and overdrafts 194,828 -
Other taxes and social security 299,767 435,810
Other creditors 165,605 27,139
1,369,244 1,204,680
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 379,565 135,000
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 180 180
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Page 5
9. 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 Andrew Broster 13,886 - (138,895 ) - (125,009 )
Mr Dominic Cassidy 14,697 - (44,442 ) - (29,745 )
Mr Antony Marchant 52,482 - 33,331 - 19,151
Mr Kevin Moran 49,206 - 33,331 - 15,875
The above loans are unsecured, interest free and repayable on demand. 
10. Ultimate Parent Undertaking and Controlling Party
The company's immediate and ultimate parent undertaking is Broster Buchanan EBT Ltd . Broster Buchanan EBT Ltd was incorporated in England and Wales who controls 100% of the shares of Broster Buchanan Ltd .
11. Investment in subsidiaries
Broster Buchanan Limited holds a controlling shareholding in BB No 2 Ltd and BB No 3 Ltd, dormant companies registered in England and Wales.
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