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 08963000 Mrs Eileen McKendry-Gray true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08963000 2023-12-31 08963000 2024-12-31 08963000 2024-01-01 2024-12-31 08963000 frs-core:CurrentFinancialInstruments 2024-12-31 08963000 frs-core:ComputerEquipment 2024-12-31 08963000 frs-core:ComputerEquipment 2024-01-01 2024-12-31 08963000 frs-core:ComputerEquipment 2023-12-31 08963000 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-01-01 2024-12-31 08963000 frs-core:FurnitureFittings 2024-12-31 08963000 frs-core:FurnitureFittings 2024-01-01 2024-12-31 08963000 frs-core:FurnitureFittings 2023-12-31 08963000 frs-core:MotorVehicles 2024-12-31 08963000 frs-core:MotorVehicles 2024-01-01 2024-12-31 08963000 frs-core:MotorVehicles 2023-12-31 08963000 frs-core:OtherResidualIntangibleAssets 2024-12-31 08963000 frs-core:OtherResidualIntangibleAssets 2023-12-31 08963000 frs-core:ShareCapital 2024-12-31 08963000 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 08963000 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 08963000 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 08963000 frs-bus:SmallEntities 2024-01-01 2024-12-31 08963000 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 08963000 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 08963000 frs-bus:OrdinaryShareClass1 2024-01-01 2024-12-31 08963000 frs-bus:OrdinaryShareClass1 2024-12-31 08963000 1 2024-01-01 2024-12-31 08963000 frs-bus:Director1 2024-01-01 2024-12-31 08963000 frs-countries:EnglandWales 2024-01-01 2024-12-31 08963000 2022-12-31 08963000 2023-12-31 08963000 2023-01-01 2023-12-31 08963000 frs-core:CurrentFinancialInstruments 2023-12-31 08963000 frs-core:ShareCapital 2023-12-31 08963000 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 08963000 frs-bus:OrdinaryShareClass1 2023-01-01 2023-12-31
Registered number: 08963000
Ferne Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2024
Bailey Accountancy & Book Keeping Services
18 New Horizon Bus. Centre
Barrows Road
Harlow
Essex
CM19 5FN
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—4
Page 1
Balance Sheet
Registered number: 08963000
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 39,980 69,965
39,980 69,965
CURRENT ASSETS
Debtors 6 17,175 24,052
Cash at bank and in hand 67,464 100,810
84,639 124,862
Creditors: Amounts Falling Due Within One Year 7 (97,722 ) (119,212 )
NET CURRENT ASSETS (LIABILITIES) (13,083 ) 5,650
TOTAL ASSETS LESS CURRENT LIABILITIES 26,897 75,615
NET ASSETS 26,897 75,615
CAPITAL AND RESERVES
Called up share capital 8 10 10
Profit and Loss Account 26,887 75,605
SHAREHOLDERS' FUNDS 26,897 75,615
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 her 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
Mrs Eileen McKendry-Gray
Director
29th September 2025
The notes on pages 2 to 4 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Ferne Ltd Registered number 08963000 is a limited by shares company incorporated in England & Wales. The Registered Office is 18 New Horizon Business Ctr , Barrows Road, Harlow, Essex, CM19 5FN.
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. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are .... It is amortised to profit and loss account over its estimated economic life of .... years.
2.4. 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:
Motor Vehicles 30%
Fixtures & Fittings 20%
Computer Equipment 33.33%
2.5. Taxation
The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.
2.6. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Intangible Assets
Other
£
Cost
As at 1 January 2024 220
As at 31 December 2024 220
Amortisation
As at 1 January 2024 220
As at 31 December 2024 220
Net Book Value
As at 31 December 2024 -
As at 1 January 2024 -
Page 2
Page 3
5. Tangible Assets
Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 January 2024 99,950 486 1,722 102,158
As at 31 December 2024 99,950 486 1,722 102,158
Depreciation
As at 1 January 2024 29,985 486 1,722 32,193
Provided during the period 29,985 - - 29,985
As at 31 December 2024 59,970 486 1,722 62,178
Net Book Value
As at 31 December 2024 39,980 - - 39,980
As at 1 January 2024 69,965 - - 69,965
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors (6,198 ) -
Prepayments and accrued income 13,456 20,184
VAT 53 -
Director's loan account 9,864 3,868
17,175 24,052
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 97,222 115,108
Corporation tax - 126
VAT - 3,478
Accruals and deferred income 500 500
97,722 119,212
8. Share Capital
2024 2023
Allotted, called up and fully paid £ £
10 Ordinary Shares of £ 1 each 10 10
9. Directors Advances, Credits and Guarantees
Dividends paid to directors
Page 3
Page 4
10. Dividends
2024 2023
£ £
On equity shares:
Final dividend paid - 40,000
11. Ultimate Controlling Party
The company's ultimate controlling party is by virtue of his ownership of 100% of the issued share capital in the company.
Page 4