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 02665340 Mr Martin Melconian Mrs Juliet Melconian iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 02665340 2023-12-31 02665340 2024-12-31 02665340 2024-01-01 2024-12-31 02665340 frs-core:CurrentFinancialInstruments 2024-12-31 02665340 frs-core:Non-currentFinancialInstruments 2024-12-31 02665340 frs-core:ComputerEquipment 2024-12-31 02665340 frs-core:ComputerEquipment 2024-01-01 2024-12-31 02665340 frs-core:ComputerEquipment 2023-12-31 02665340 frs-core:ShareCapital 2024-12-31 02665340 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 02665340 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 02665340 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 02665340 frs-bus:SmallEntities 2024-01-01 2024-12-31 02665340 frs-bus:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 02665340 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 02665340 frs-bus:Director1 2024-01-01 2024-12-31 02665340 frs-bus:CompanySecretary1 2024-01-01 2024-12-31 02665340 frs-countries:EnglandWales 2024-01-01 2024-12-31 02665340 2022-12-31 02665340 2023-12-31 02665340 2023-01-01 2023-12-31 02665340 frs-core:CurrentFinancialInstruments 2023-12-31 02665340 frs-core:Non-currentFinancialInstruments 2023-12-31 02665340 frs-core:ShareCapital 2023-12-31 02665340 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 02665340
Globebyte Limited
Financial Statements
For The Year Ended 31 December 2024
Outsourced ACC Ltd
High Street Centre, 137-139 High Street
Beckenham
Kent
BR3 1AG
Contents
Page
Accountant's Report 1
Balance Sheet 2—3
Notes to the Financial Statements 4—6
Page 1
Accountant's Report
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Globebyte Limited for the year ended 31 December 2024 which comprise the Profit and Loss Account, the Balance Sheet, and the related notes from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Chartered Institute of Management Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.cimaglobal.com.
This report is made solely to the director of Globebyte Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Globebyte Limited and state those matters that we have agreed to state to the director of Globebyte Limited in this report in accordance with the requirements of the Chartered Institute of Management Accountants as detailed at http://www.cimaglobal.com. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.
It is your duty to ensure that Globebyte Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Globebyte Limited . You consider that Globebyte Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of Globebyte Limited . 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 statutory financial statements.
30th September 2025
Outsourced ACC Ltd
Chartered Management Accountants
High Street Centre, 137-139 High Street
Beckenham
Kent
BR3 1AG
Page 1
Page 2
Balance Sheet
Registered number: 02665340
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 11,380 13,266
11,380 13,266
CURRENT ASSETS
Debtors 5 43,711 210,522
Cash at bank and in hand 980,216 1,033,796
1,023,927 1,244,318
Creditors: Amounts Falling Due Within One Year 6 (230,237 ) (618,083 )
NET CURRENT ASSETS (LIABILITIES) 793,690 626,235
TOTAL ASSETS LESS CURRENT LIABILITIES 805,070 639,501
Creditors: Amounts Falling Due After More Than One Year 7 (5,000 ) (15,000 )
NET ASSETS 800,070 624,501
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 799,970 624,401
SHAREHOLDERS' FUNDS 800,070 624,501
Page 2
Page 3
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 Martin Melconian
Director
30th September 2025
The notes on pages 4 to 6 form part of these financial statements.
Page 3
Page 4
Notes to the Financial Statements
1. General Information
Globebyte Limited is a private company, limited by shares, incorporated in England & Wales, registered number 02665340 . The registered office is 137 - 139 High Street, Beckenham, London, Kent, BR3 1AG.
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.
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 25% reducing balance
2.4. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.5. Taxation
Income tax expense represents the sum of the tax currently payable.
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.
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: 5 (2023: 5)
5 5
Page 4
Page 5
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 January 2024 191,697
Additions 1,530
As at 31 December 2024 193,227
Depreciation
As at 1 January 2024 178,431
Provided during the period 3,416
As at 31 December 2024 181,847
Net Book Value
As at 31 December 2024 11,380
As at 1 January 2024 13,266
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 25,897 201,434
Other debtors 17,814 9,088
43,711 210,522
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 15,794 15,088
Bank loans and overdrafts 10,000 10,000
Other creditors 186,101 580,539
Taxation and social security 18,342 12,456
230,237 618,083
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bounce Back Loan > 1 year 5,000 15,000
Page 5
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8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 6