Acorah Software Products - Accounts Production 16.5.460 false true 31 December 2023 1 April 2023 false 1 January 2024 31 December 2024 31 December 2024 12056246 Mr Tom Webster Mr Joseph Cowell iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12056246 2023-12-31 12056246 2024-12-31 12056246 2024-01-01 2024-12-31 12056246 frs-core:Non-currentFinancialInstruments 2024-12-31 12056246 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-01-01 2024-12-31 12056246 frs-core:FurnitureFittings 2024-01-01 2024-12-31 12056246 frs-core:PlantMachinery 2024-01-01 2024-12-31 12056246 frs-core:WithinOneYear 2024-12-31 12056246 frs-core:ShareCapital 2024-12-31 12056246 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 12056246 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 12056246 frs-bus:AbridgedAccounts 2024-01-01 2024-12-31 12056246 frs-bus:SmallEntities 2024-01-01 2024-12-31 12056246 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 12056246 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 12056246 frs-bus:Director1 2024-01-01 2024-12-31 12056246 frs-bus:Director2 2024-01-01 2024-12-31 12056246 frs-countries:EnglandWales 2024-01-01 2024-12-31 12056246 2023-03-31 12056246 2023-12-31 12056246 2023-04-01 2023-12-31 12056246 frs-core:Non-currentFinancialInstruments 2023-12-31 12056246 frs-core:WithinOneYear 2023-12-31 12056246 frs-core:ShareCapital 2023-12-31 12056246 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 12056246
Capio Recruitment Limited
Unaudited ABRIDGED Financial Statements
For The Year Ended 31 December 2024
AI Accounts
124 City Road
London
EC1V 2NX
Capio Recruitment Limited
Contents
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—7
Page 1
Capio Recruitment Limited
Abridged Balance Sheet
As At 31 December 2024
Abridged Balance Sheet
Registered number: 12056246
31 December 2024 31 December 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 10,454 13,671
Tangible Assets 5 15,444 52,524
25,898 66,195
CURRENT ASSETS
Debtors 6 101,906 185,470
Cash at bank and in hand 274,726 286,703
376,632 472,173
Creditors: Amounts Falling Due Within One Year (365,417 ) (301,984 )
NET CURRENT ASSETS (LIABILITIES) 11,215 170,189
TOTAL ASSETS LESS CURRENT LIABILITIES 37,113 236,384
Creditors: Amounts Falling Due After More Than One Year (15,642 ) (26,082 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (6,475 ) (16,500 )
NET ASSETS 14,996 193,802
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account 14,896 193,702
SHAREHOLDERS' FUNDS 14,996 193,802
Page 1
Page 2
Capio Recruitment Limited
Abridged Balance Sheet (continued)
As At 31 December 2024
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.
All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 31 December 2024 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr Tom Webster
Director
31st July 2025
The notes on pages 3 to 7 form part of these financial statements.
Page 2
Page 3
Capio Recruitment Limited
Notes to the Abridged Financial Statements
For The Year Ended 31 December 2024
Notes to the Abridged Financial Statements
1. General Information
Capio Recruitment Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12056246 . The registered office is Suite 3d Lewins Mead, , Bristol, BS1 2NT.
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 services and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
When cash inflows are deferred and represent a financing arrangement, the fair value of the consideration is the present value of the future receipts. The difference between the fair value of the consideration and the nominal amount received is recognised as interest income.
2.3. Intangible Fixed Assets and Amortisation - Other Intangible
Intangible assets acquired separately from a business are recognised at cost and are subsequently measured at cost less accumulated amortisation and accumulated impairment losses. 
Intangible fixed assets acquired on business combinations are recognised separately from goodwill at the acquisition date where it is probable that the expected future economic benefits that are attributable to the asset will flow to the entity and the fair value of the asset can be measured reliably; the intangible asset arises from contractual or other legal rights; and the intangible asset is separable from the entity.
Amortisation is recognised so as to write off or valuation of assets less their residual values over their useful lives on the following bases:
Website development 20% straight line
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% straight line
Fixtures & Fittings 20% straight line
2.5. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.
Page 3
Page 4
Capio Recruitment Limited
Notes to the Abridged Financial Statements (continued)
For The Year Ended 31 December 2024
2.6. Financial Instruments
The company has elected to apply the provisions of Section 11 @Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues@ of FRS 102 to all its financial instruments.
Financilal instruments are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
Basic financial assets
Basic financial assets, which include debtors, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a dinancing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
Classification of financial liabilities
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the nassets of the company after deducting all of its liabilities.
Basic financial liabilities
Basic financial liabilities, including creditors, bank loans and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the futrure payments discounted at a market rate of interest. Financial liabilities classified asd payable within one year are not amortised.
Debt instruments are subsequently carried at amortisd cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due withon one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
2.7. 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.
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.
...CONTINUED
Page 4
Page 5
Capio Recruitment Limited
Notes to the Abridged Financial Statements (continued)
For The Year Ended 31 December 2024
2.8. Taxation - continued
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.
2.9. 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.
2.10. Government Grant
Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.
Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.
Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.
All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 22 (2023: 28)
22 28
4. Intangible Assets
Total
£
Cost
As at 1 January 2024 16,083
As at 31 December 2024 16,083
...CONTINUED
Page 5
Page 6
Capio Recruitment Limited
Notes to the Abridged Financial Statements (continued)
For The Year Ended 31 December 2024
Amortisation
As at 1 January 2024 2,412
Provided during the period 3,217
As at 31 December 2024 5,629
Net Book Value
As at 31 December 2024 10,454
As at 1 January 2024 13,671
5. Tangible Assets
Total
£
Cost
As at 1 January 2024 81,558
Additions 371
Disposals (49,276 )
As at 31 December 2024 32,653
Depreciation
As at 1 January 2024 29,034
Provided during the period 16,046
Disposals (27,871 )
As at 31 December 2024 17,209
Net Book Value
As at 31 December 2024 15,444
As at 1 January 2024 52,524
6. Debtors
31 December 2024 31 December 2023
£ £
Due after more than one year
Other debtors 13,785 13,785
Page 6
Page 7
Capio Recruitment Limited
Notes to the Abridged Financial Statements (continued)
For The Year Ended 31 December 2024
7. Share Capital
31 December 2024 31 December 2023
£ £
Allotted, Called up and fully paid 100 100
Issued share capital is made of the following, all of which are fully paid:
A Ordinary shares of £0.01 each 4,899
B Ordinary shares of £0.01 each  100
C Ordinary shares of £0.01 each 4,999
D Ordinaryshares of £0.01 each  2
8. 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 22,975 20,678
22,975 20,678
Page 7