Acorah Software Products - Accounts Production 16.5.460 false true 31 December 2023 31 March 2023 false 1 January 2024 31 December 2024 31 December 2024 05387159 J Coverley J Coverley iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05387159 2023-12-31 05387159 2024-12-31 05387159 2024-01-01 2024-12-31 05387159 frs-core:CurrentFinancialInstruments 2024-12-31 05387159 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-12-31 05387159 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-01-01 2024-12-31 05387159 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-12-31 05387159 frs-core:OtherResidualIntangibleAssets 2024-12-31 05387159 frs-core:OtherResidualIntangibleAssets 2024-01-01 2024-12-31 05387159 frs-core:OtherResidualIntangibleAssets 2023-12-31 05387159 frs-core:PlantMachinery 2024-12-31 05387159 frs-core:PlantMachinery 2024-01-01 2024-12-31 05387159 frs-core:PlantMachinery 2023-12-31 05387159 frs-core:ShareCapital 2024-12-31 05387159 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 05387159 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 05387159 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 05387159 frs-bus:SmallEntities 2024-01-01 2024-12-31 05387159 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 05387159 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 05387159 frs-bus:Director1 2024-01-01 2024-12-31 05387159 frs-bus:CompanySecretary1 2024-01-01 2024-12-31 05387159 frs-countries:EnglandWales 2024-01-01 2024-12-31 05387159 2023-03-30 05387159 2023-12-31 05387159 2023-03-31 2023-12-31 05387159 frs-core:CurrentFinancialInstruments 2023-12-31 05387159 frs-core:ShareCapital 2023-12-31 05387159 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 05387159
Cholco Consulting Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 05387159
31 December 2024 31 December 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 53,598 65,567
Tangible Assets 5 42,866 -
96,464 65,567
CURRENT ASSETS
Debtors 6 354,748 408,967
Cash at bank and in hand 1,162 28,091
355,910 437,058
Creditors: Amounts Falling Due Within One Year 7 (428,661 ) (486,363 )
NET CURRENT ASSETS (LIABILITIES) (72,751 ) (49,305 )
TOTAL ASSETS LESS CURRENT LIABILITIES 23,713 16,262
NET ASSETS 23,713 16,262
CAPITAL AND RESERVES
Called up share capital 50 100
Profit and Loss Account 23,663 16,162
SHAREHOLDERS' FUNDS 23,713 16,262
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
J Coverley
Director
30/09/2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Cholco Consulting Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05387159 . The registered office is Unit Q Gunnels Wood Park, Gunnels Wood Road, Stevenage, SG1 2BH.
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. Intangible Fixed Assets and Amortisation - Other Intangible
Intangible assets are being amortised over their useful life of 3, 5 or 10 years.
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
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 2)
1 2
4. Intangible Assets
Other Development Costs Total
£ £ £
Cost
As at 1 January 2024 350,000 74,825 424,825
Additions - 9,648 9,648
Disposals - (1,985 ) (1,985 )
As at 31 December 2024 350,000 82,488 432,488
Amortisation
As at 1 January 2024 350,000 9,258 359,258
Provided during the period - 20,226 20,226
Disposals - (594 ) (594 )
As at 31 December 2024 350,000 28,890 378,890
...CONTINUED
Page 3
Page 4
Net Book Value
As at 31 December 2024 - 53,598 53,598
As at 1 January 2024 - 65,567 65,567
5. Tangible Assets
Plant & Machinery
£
Cost
As at 1 January 2024 -
Additions 43,593
As at 31 December 2024 43,593
Depreciation
As at 1 January 2024 -
Provided during the period 727
As at 31 December 2024 727
Net Book Value
As at 31 December 2024 42,866
As at 1 January 2024 -
6. Debtors
31 December 2024 31 December 2023
£ £
Due within one year
Other debtors 354,748 408,967
7. Creditors: Amounts Falling Due Within One Year
31 December 2024 31 December 2023
£ £
Trade creditors - 16,920
VAT 79,810 83,582
Other creditors 327,386 357,414
Accruals and deferred income 3,947 4,512
Directors' loan accounts 17,518 23,935
428,661 486,363
Page 4