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 04138000 Mr David Gosnell Mr Christopher Jenkins David Gosnell false iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04138000 2023-12-31 04138000 2024-12-31 04138000 2024-01-01 2024-12-31 04138000 frs-core:CurrentFinancialInstruments 2024-12-31 04138000 frs-core:Non-currentFinancialInstruments 2024-12-31 04138000 frs-core:ComputerEquipment 2024-12-31 04138000 frs-core:ComputerEquipment 2024-01-01 2024-12-31 04138000 frs-core:ComputerEquipment 2023-12-31 04138000 frs-core:MotorVehicles 2024-01-01 2024-12-31 04138000 frs-core:PlantMachinery 2024-12-31 04138000 frs-core:PlantMachinery 2024-01-01 2024-12-31 04138000 frs-core:PlantMachinery 2023-12-31 04138000 frs-core:ShareCapital 2024-12-31 04138000 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 04138000 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 04138000 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 04138000 frs-bus:SmallEntities 2024-01-01 2024-12-31 04138000 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 04138000 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 04138000 1 2024-01-01 2024-12-31 04138000 frs-bus:Director1 2024-01-01 2024-12-31 04138000 frs-bus:CompanySecretary1 2024-01-01 2024-12-31 04138000 frs-core:CurrentFinancialInstruments 1 2024-12-31 04138000 frs-countries:EnglandWales 2024-01-01 2024-12-31 04138000 2022-12-31 04138000 2023-12-31 04138000 2023-01-01 2023-12-31 04138000 frs-core:CurrentFinancialInstruments 2023-12-31 04138000 frs-core:Non-currentFinancialInstruments 2023-12-31 04138000 frs-core:ShareCapital 2023-12-31 04138000 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 04138000 frs-core:CurrentFinancialInstruments 1 2023-12-31
Registered number: 04138000
Connery & Macleod Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
Panthera Limited
Chartered Management Accountants
The Manor
Main Street
Grove
Oxfordshire
OX12 7JJ
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 04138000
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 704 107
704 107
CURRENT ASSETS
Debtors 5 31,153 16,083
Cash at bank and in hand 9,958 23,992
41,111 40,075
Creditors: Amounts Falling Due Within One Year 6 (16,317 ) (13,913 )
NET CURRENT ASSETS (LIABILITIES) 24,794 26,162
TOTAL ASSETS LESS CURRENT LIABILITIES 25,498 26,269
Creditors: Amounts Falling Due After More Than One Year 7 (8,363 ) (10,075 )
NET ASSETS 17,135 16,194
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 17,035 16,094
SHAREHOLDERS' FUNDS 17,135 16,194
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 David Gosnell
Director
10/09/2025
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
Connery & Macleod Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04138000 . The registered office is The Manor Main Street, Grove, Wantage, Oxfordshire, OX12 7JJ.
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 Financial Reporting Standard for Smaller Entities (effective April 2008).
2.2. Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. 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 25% straight line
Motor Vehicles 25% straight line
Computer Equipment 33.3% 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 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.
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
Page 3
Page 4
4. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 1 January 2024 300 1,661 1,961
Additions - 1,000 1,000
As at 31 December 2024 300 2,661 2,961
Depreciation
As at 1 January 2024 243 1,611 1,854
Provided during the period 57 346 403
As at 31 December 2024 300 1,957 2,257
Net Book Value
As at 31 December 2024 - 704 704
As at 1 January 2024 57 50 107
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 2,480 2,128
VAT 2,825 1,703
Other taxes and social security 25,848 12,252
31,153 16,083
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 61 97
Bank loans and overdrafts 3,015 2,650
Corporation tax 9,672 8,660
Net wages 1,879 500
Other creditors -Pensions Payable 400 400
Accruals and deferred income 1,020 970
Director's loan account 270 636
16,317 13,913
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 8,363 10,075
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 4
Page 5
9. Dividends
2024 2023
£ £
On equity shares:
Final dividend paid 12,500 12,500
10. Controlling Party
The company's controlling party is David Gosnell by virtue of his ownership of 90% of the issued share capital in the company.
Page 5