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 13097875 Mr John Kaye iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13097875 2023-12-31 13097875 2024-12-31 13097875 2024-01-01 2024-12-31 13097875 frs-core:CurrentFinancialInstruments 2024-12-31 13097875 frs-core:Non-currentFinancialInstruments 2024-12-31 13097875 frs-core:BetweenOneFiveYears 2024-12-31 13097875 frs-core:ComputerEquipment 2024-12-31 13097875 frs-core:ComputerEquipment 2024-01-01 2024-12-31 13097875 frs-core:ComputerEquipment 2023-12-31 13097875 frs-core:MotorVehicles 2024-12-31 13097875 frs-core:MotorVehicles 2024-01-01 2024-12-31 13097875 frs-core:MotorVehicles 2023-12-31 13097875 frs-core:PlantMachinery 2024-12-31 13097875 frs-core:PlantMachinery 2024-01-01 2024-12-31 13097875 frs-core:PlantMachinery 2023-12-31 13097875 frs-core:WithinOneYear 2024-12-31 13097875 frs-core:ShareCapital 2024-12-31 13097875 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 13097875 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 13097875 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 13097875 frs-bus:SmallEntities 2024-01-01 2024-12-31 13097875 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 13097875 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 13097875 frs-bus:Director1 2024-01-01 2024-12-31 13097875 frs-countries:EnglandWales 2024-01-01 2024-12-31 13097875 2022-12-31 13097875 2023-12-31 13097875 2023-01-01 2023-12-31 13097875 frs-core:CurrentFinancialInstruments 2023-12-31 13097875 frs-core:Non-currentFinancialInstruments 2023-12-31 13097875 frs-core:BetweenOneFiveYears 2023-12-31 13097875 frs-core:WithinOneYear 2023-12-31 13097875 frs-core:ShareCapital 2023-12-31 13097875 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 13097875
Gold Geezers Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2024
Roper & Co Ltd
75 Church Street
Bentley
Doncaster
DN5 0BE
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 13097875
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 13,874 16,355
13,874 16,355
CURRENT ASSETS
Stocks 5 35,326 58,691
Debtors 6 300 -
Cash at bank and in hand 10,601 11,275
46,227 69,966
Creditors: Amounts Falling Due Within One Year 7 (48,214 ) (63,909 )
NET CURRENT ASSETS (LIABILITIES) (1,987 ) 6,057
TOTAL ASSETS LESS CURRENT LIABILITIES 11,887 22,412
Creditors: Amounts Falling Due After More Than One Year 8 (4,226 ) (7,156 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (3,687 ) (3,687 )
NET ASSETS 3,974 11,569
CAPITAL AND RESERVES
Called up share capital 10 102 102
Profit and Loss Account 3,872 11,467
SHAREHOLDERS' FUNDS 3,974 11,569
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 John Kaye
Director
6 August 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
Gold Geezers Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13097875 . The registered office is Belmont House 75 Church Street, Bentley, Doncaster, DN5 0BE.
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:
Plant & Machinery 20% Reducing balance
Motor Vehicles 20% Reducing balance
Computer Equipment 25% Reducing balance
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. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
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2.6. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 3)
2 3
4. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 January 2024 9,669 17,083 837 27,589
Additions - - 1,086 1,086
As at 31 December 2024 9,669 17,083 1,923 28,675
Depreciation
As at 1 January 2024 4,718 6,150 366 11,234
Provided during the period 991 2,187 389 3,567
As at 31 December 2024 5,709 8,337 755 14,801
Net Book Value
As at 31 December 2024 3,960 8,746 1,168 13,874
As at 1 January 2024 4,951 10,933 471 16,355
5. Stocks
2024 2023
£ £
Stock 35,326 58,691
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6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 300 -
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 4,086 4,086
Corporation tax - 489
VAT 1,336 1,438
Director's loan account 42,792 57,896
48,214 63,909
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 4,226 7,156
9. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 4,086 4,086
Later than one year and not later than five years 4,226 7,156
8,312 11,242
8,312 11,242
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 102 102
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