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 03249809 David Marriott Neil Mason David Marriott iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 03249809 2023-12-31 03249809 2024-12-31 03249809 2024-01-01 2024-12-31 03249809 frs-core:CurrentFinancialInstruments 2024-12-31 03249809 frs-core:ComputerEquipment 2024-12-31 03249809 frs-core:ComputerEquipment 2024-01-01 2024-12-31 03249809 frs-core:ComputerEquipment 2023-12-31 03249809 frs-core:FurnitureFittings 2024-12-31 03249809 frs-core:FurnitureFittings 2024-01-01 2024-12-31 03249809 frs-core:FurnitureFittings 2023-12-31 03249809 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-12-31 03249809 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 03249809 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-12-31 03249809 frs-core:PlantMachinery 2024-12-31 03249809 frs-core:PlantMachinery 2024-01-01 2024-12-31 03249809 frs-core:PlantMachinery 2023-12-31 03249809 frs-core:ShareCapital 2024-12-31 03249809 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 03249809 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 03249809 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 03249809 frs-bus:SmallEntities 2024-01-01 2024-12-31 03249809 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 03249809 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 03249809 frs-bus:Director1 2024-01-01 2024-12-31 03249809 frs-bus:Director2 2024-01-01 2024-12-31 03249809 frs-bus:CompanySecretary1 2024-01-01 2024-12-31 03249809 frs-countries:EnglandWales 2024-01-01 2024-12-31 03249809 2022-12-31 03249809 2023-12-31 03249809 2023-01-01 2023-12-31 03249809 frs-core:CurrentFinancialInstruments 2023-12-31 03249809 frs-core:ShareCapital 2023-12-31 03249809 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 03249809
Core Commercial Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
TaxAssist Accountants
Chartered Accountants
714 London Road
Larkfield
KENT
ME20 6BL
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—5
Page 1
Statement of Financial Position
Registered number: 03249809
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 3,539 4,582
3,539 4,582
CURRENT ASSETS
Debtors 5 13,067 13,855
Cash at bank and in hand 157,130 128,745
170,197 142,600
Creditors: Amounts Falling Due Within One Year 6 (45,704 ) (43,455 )
NET CURRENT ASSETS (LIABILITIES) 124,493 99,145
TOTAL ASSETS LESS CURRENT LIABILITIES 128,032 103,727
PROVISIONS FOR LIABILITIES
Deferred Taxation (153 ) (339 )
NET ASSETS 127,879 103,388
CAPITAL AND RESERVES
Called up share capital 7 200 200
Income Statement 127,679 103,188
SHAREHOLDERS' FUNDS 127,879 103,388
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 Income Statement.
On behalf of the board
Neil Mason
Director
10th September 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
Core Commercial Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03249809 . The registered office is Nettlestead House, Maidstone Road, Paddock Wood, Kent, TN12 6DA.
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:
Freehold 10% on cost
Plant & Machinery 25% on cost
Fixtures & Fittings 15% on cost
Computer Equipment 20% on cost
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.
...CONTINUED
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2.4. 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 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: 3 (2023: 3)
3 3
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 January 2024 18,447 502 18,639 43,800 81,388
Additions - - - 707 707
As at 31 December 2024 18,447 502 18,639 44,507 82,095
Depreciation
As at 1 January 2024 16,691 75 18,520 41,520 76,806
Provided during the period 585 76 39 1,050 1,750
As at 31 December 2024 17,276 151 18,559 42,570 78,556
Net Book Value
As at 31 December 2024 1,171 351 80 1,937 3,539
As at 1 January 2024 1,756 427 119 2,280 4,582
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5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 11,212 12,000
Prepayments and accrued income 1,060 1,060
Corporation tax recoverable assets 795 795
13,067 13,855
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 285 1,432
Corporation tax 28,654 22,824
VAT 10,755 12,946
Accruals and deferred income 1,409 1,384
Directors' loan accounts 4,601 4,869
45,704 43,455
Page 5