Acorah Software Products - Accounts Production 16.5.460 false true 30 April 2024 1 May 2023 true No description of principal activity 1 May 2024 30 April 2025 30 April 2025 11963069 Igor Strapko Igor Strapko iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11963069 2024-04-30 11963069 2025-04-30 11963069 2024-05-01 2025-04-30 11963069 frs-core:CurrentFinancialInstruments 2025-04-30 11963069 frs-core:ComputerEquipment 2025-04-30 11963069 frs-core:ComputerEquipment 2024-05-01 2025-04-30 11963069 frs-core:ComputerEquipment 2024-04-30 11963069 frs-core:RetainedEarningsAccumulatedLosses 2025-04-30 11963069 frs-bus:CompanyLimitedByGuarantee 2024-05-01 2025-04-30 11963069 frs-bus:FullAccounts 2024-05-01 2025-04-30 11963069 frs-bus:SmallEntities 2024-05-01 2025-04-30 11963069 frs-bus:AuditExemptWithAccountantsReport 2024-05-01 2025-04-30 11963069 frs-bus:SmallCompaniesRegimeForAccounts 2024-05-01 2025-04-30 11963069 frs-bus:SmallCompaniesRegimeForDirectorsReport 2024-05-01 2025-04-30 11963069 frs-bus:Director1 2024-05-01 2025-04-30 11963069 frs-bus:Director2 2024-05-01 2025-04-30 11963069 frs-bus:Director2 2025-04-30 11963069 frs-bus:CompanySecretary1 2024-05-01 2025-04-30 11963069 frs-countries:EnglandWales 2024-05-01 2025-04-30 11963069 2023-04-30 11963069 2024-04-30 11963069 2023-05-01 2024-04-30 11963069 frs-core:CurrentFinancialInstruments 2024-04-30 11963069 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30
Registered number: 11963069
Good Praxis Ltd
Directors' Report and
Financial Statements
For The Year Ended 30 April 2025
Third Sector Accountancy Limited
Good Praxis Ltd
Contents
Contents
Page
Company Information 1
Directors' Report 2
Accountant's Report 3
Income and Expenditure Account 4
Balance Sheet 5—6
Notes to the Financial Statements 7—9
Page 1
Good Praxis Ltd
Company Information
For The Year Ended 30 April 2025
Company Information
Director Igor Strapko
Secretary Igor Strapko
Company Number 11963069
Registered Office 113-115 Fonthill Road
London
N4 3HH
Accountants Third Sector Accountancy Limited
Holyoake House
Hanover Street
Manchester
M60 0AS
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Good Praxis Ltd
Company No. 11963069
Directors' Report For The Year Ended 30 April 2025
Directors' Report
The directors present their report and the financial statements for the year ended 30 April 2025.
Directors
The directors who held office during the year were as follows:
Maciej Baron Resigned 03/03/2025
Igor Strapko
Statement of Directors' Responsibilities
The directors are responsible for preparing the Directors' Report and the financial statements in accordance with applicable law and regulations.
Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the surplus or deficit of the company for that period. In preparing the financial statements the directors are required to:
  • select suitable accounting policies and then apply them consistently;
  • make judgments and accounting estimates that are reasonable and prudent;
  • prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The directors are responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
Small Company Rules
This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
On behalf of the board
Igor Strapko
Director
12/09/2025
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Good Praxis Ltd
Accountant's Report
For The Year Ended 30 April 2025
Accountant's Report
Chartered Accountant's report to the directors on the preparation of the unaudited statutory accounts of Good Praxis Ltd For The Year Ended 30 April 2025
In order to assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the accounts of Good Praxis Ltd For The Year Ended 30 April 2025 which comprise the Income and Expenditure 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 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 Good Praxis Ltd , as a body, in accordance with the terms of our engagement letter dated 19 November 2019. Our work has been undertaken solely to prepare for your approval the accounts of Good Praxis Ltd and state those matters that we have agreed to state to the directors of Good Praxis 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 Good Praxis Ltd and its directors, as a body, for our work or for this report.
It is your duty to ensure that Good Praxis 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 Good Praxis Ltd . You consider that Good Praxis 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 Good Praxis 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.
14/09/2025
Third Sector Accountancy Limited
Holyoake House
Hanover Street
Manchester
M60 0AS
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Good Praxis Ltd
Income and Expenditure Account
For The Year Ended 30 April 2025
Income and Expenditure Account
2025 2024
Notes £ £
TURNOVER 193,758 124,166
GROSS SURPLUS 193,758 124,166
Administrative expenses (159,260 ) (135,979 )
OPERATING SURPLUS/(DEFICIT) AND SURPLUS/(DEFICIT) BEFORE TAXATION 34,498 (11,813 )
Tax on Surplus/(deficit) (6,539 ) 2,174
SURPLUS/(DEFICIT) AFTER TAXATION BEING SURPLUS/(DEFICIT) FOR THE FINANCIAL YEAR 27,959 (9,639 )
The notes on pages 7 to 9 form part of these financial statements.
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Good Praxis Ltd
Balance Sheet
As At 30 April 2025
Balance Sheet
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 80 861
80 861
CURRENT ASSETS
Debtors 5 19,258 39,812
Cash at bank and in hand 24,489 25,465
43,747 65,277
Creditors: Amounts Falling Due Within One Year 6 (8,668 ) (58,938 )
NET CURRENT ASSETS (LIABILITIES) 35,079 6,339
TOTAL ASSETS LESS CURRENT LIABILITIES 35,159 7,200
NET ASSETS 35,159 7,200
Income and Expenditure Account 35,159 7,200
MEMBERS' FUNDS 35,159 7,200
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Good Praxis Ltd
Balance Sheet (continued)
As At 30 April 2025
For the year ending 30 April 2025 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 in accordance with the provisions applicable to companies subject to the small companies regime.
On behalf of the board
Igor Strapko
Director
12/09/2025
The notes on pages 7 to 9 form part of these financial statements.
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Good Praxis Ltd
Notes to the Financial Statements
For The Year Ended 30 April 2025
Notes to the Financial Statements
1. General Information
Good Praxis Ltd is a private company, limited by guarantee, incorporated in England & Wales, registered number 11963069 . The registered office is 113-115 Fonthill Road, London, N4 3HH.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006. The company was incorporated on 25 April 2019 and started tradiong on 1 July 2019.
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. 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:
Computer Equipment 5 year 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 surplus for the year. Taxable surplus differs from surplus 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 surplus. 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 surplus 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 surplus will be available to allow all or part of the asset to be recovered.
...CONTINUED
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Good Praxis Ltd
Notes to the Financial Statements (continued)
For The Year Ended 30 April 2025
2.4. Taxation - continued
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 surplus or deficit, 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: 2 (2024: 2)
2 2
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 May 2024 4,538
As at 30 April 2025 4,538
Depreciation
As at 1 May 2024 3,677
Provided during the period 781
As at 30 April 2025 4,458
Net Book Value
As at 30 April 2025 80
As at 1 May 2024 861
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 10,140 34,397
Prepayments and accrued income 62 62
Deferred tax current asset - 5,353
Other taxes and social security 9,056 -
19,258 39,812
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Good Praxis Ltd
Notes to the Financial Statements (continued)
For The Year Ended 30 April 2025
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Corporation tax 1,186 -
Other taxes and social security - 1,664
VAT 6,382 12,162
Accruals and deferred income 1,100 45,112
8,668 58,938
7. Company limited by guarantee
The company is limited by guarantee and has no share capital.
Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
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