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 02975217 Mr Richard Silbermann iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 02975217 2023-12-31 02975217 2024-12-31 02975217 2024-01-01 2024-12-31 02975217 frs-core:CurrentFinancialInstruments 2024-12-31 02975217 frs-core:Non-currentFinancialInstruments 2024-12-31 02975217 frs-core:BetweenOneFiveYears 2024-12-31 02975217 frs-core:ComputerEquipment 2024-12-31 02975217 frs-core:ComputerEquipment 2024-01-01 2024-12-31 02975217 frs-core:ComputerEquipment 2023-12-31 02975217 frs-core:MotorVehicles 2024-12-31 02975217 frs-core:MotorVehicles 2024-01-01 2024-12-31 02975217 frs-core:MotorVehicles 2023-12-31 02975217 frs-core:PlantMachinery 2024-12-31 02975217 frs-core:PlantMachinery 2024-01-01 2024-12-31 02975217 frs-core:PlantMachinery 2023-12-31 02975217 frs-core:WithinOneYear 2024-12-31 02975217 frs-core:ShareCapital 2024-12-31 02975217 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 02975217 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 02975217 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 02975217 frs-bus:SmallEntities 2024-01-01 2024-12-31 02975217 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 02975217 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 02975217 frs-bus:Director1 2024-01-01 2024-12-31 02975217 frs-countries:EnglandWales 2024-01-01 2024-12-31 02975217 2022-12-31 02975217 2023-12-31 02975217 2023-01-01 2023-12-31 02975217 frs-core:CurrentFinancialInstruments 2023-12-31 02975217 frs-core:Non-currentFinancialInstruments 2023-12-31 02975217 frs-core:BetweenOneFiveYears 2023-12-31 02975217 frs-core:WithinOneYear 2023-12-31 02975217 frs-core:ShareCapital 2023-12-31 02975217 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 02975217
Brand Remedy 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: 02975217
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 29,627 36,636
29,627 36,636
CURRENT ASSETS
Debtors 5 6,446 37,703
Cash at bank and in hand 96,837 58,442
103,283 96,145
Creditors: Amounts Falling Due Within One Year 6 (66,712 ) (66,013 )
NET CURRENT ASSETS (LIABILITIES) 36,571 30,132
TOTAL ASSETS LESS CURRENT LIABILITIES 66,198 66,768
Creditors: Amounts Falling Due After More Than One Year 7 (25,439 ) (34,493 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (7,014 ) (8,680 )
NET ASSETS 33,745 23,595
CAPITAL AND RESERVES
Called up share capital 9 1,000 1,000
Profit and Loss Account 32,745 22,595
SHAREHOLDERS' FUNDS 33,745 23,595
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 Richard Silbermann
Director
12/09/2025
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
Brand Remedy Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 02975217 . The registered office is Flat 17 Barnes Quarter, Tallow Road, Brentford, England, TW8 8EB.
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 rendering of services.
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 Straight line over 4 years
Motor Vehicles Straight Line over 7 years
Computer Equipment Straight line over 3 years
2.4. 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.
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.
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.
Page 3
Page 4
2.6. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2023: 3)
3 3
4. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 January 2024 45,960 73,293 5,227 124,480
Additions - - 6,814 6,814
As at 31 December 2024 45,960 73,293 12,041 131,294
Depreciation
As at 1 January 2024 44,868 38,922 4,054 87,844
Provided during the period 496 10,470 2,857 13,823
As at 31 December 2024 45,364 49,392 6,911 101,667
Net Book Value
As at 31 December 2024 596 23,901 5,130 29,627
As at 1 January 2024 1,092 34,371 1,173 36,636
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 1,698 33,815
Other debtors 4,748 3,888
6,446 37,703
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 9,054 9,054
Trade creditors 2,721 18,254
Other creditors 31,138 3,431
Taxation and social security 23,799 35,274
66,712 66,013
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 25,439 34,493
Page 4
Page 5
8. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 9,054 9,054
Later than one year and not later than five years 25,439 34,493
34,493 43,547
34,493 43,547
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1,000 1,000
Page 5