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 09276763 Mr B S Lowe iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09276763 2023-12-31 09276763 2024-12-31 09276763 2024-01-01 2024-12-31 09276763 frs-core:Non-currentFinancialInstruments 2024-12-31 09276763 frs-core:ComputerEquipment 2024-01-01 2024-12-31 09276763 frs-core:FurnitureFittings 2024-01-01 2024-12-31 09276763 frs-core:MotorVehicles 2024-01-01 2024-12-31 09276763 frs-core:ShareCapital 2024-12-31 09276763 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 09276763 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 09276763 frs-bus:AbridgedAccounts 2024-01-01 2024-12-31 09276763 frs-bus:SmallEntities 2024-01-01 2024-12-31 09276763 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 09276763 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 09276763 frs-bus:Director1 2024-01-01 2024-12-31 09276763 frs-bus:Director1 2023-12-31 09276763 frs-bus:Director1 2024-12-31 09276763 frs-countries:EnglandWales 2024-01-01 2024-12-31 09276763 2022-12-31 09276763 2023-12-31 09276763 2023-01-01 2023-12-31 09276763 frs-core:Non-currentFinancialInstruments 2023-12-31 09276763 frs-core:ShareCapital 2023-12-31 09276763 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 09276763
The Data Analysis Hub Ltd
Unaudited ABRIDGED Financial Statements
For The Year Ended 31 December 2024
Stevens Taxation Services Ltd
22 Hollyhedge Road
West Bromwich
West Midlands
B71 3AA
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—5
Page 1
Abridged Balance Sheet
Registered number: 09276763
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 7,314 7,976
7,314 7,976
CURRENT ASSETS
Stocks 10,312 12,947
Debtors 238,122 150,086
Cash at bank and in hand 95,604 146,841
344,038 309,874
Creditors: Amounts Falling Due Within One Year (148,765 ) (176,719 )
NET CURRENT ASSETS (LIABILITIES) 195,273 133,155
TOTAL ASSETS LESS CURRENT LIABILITIES 202,587 141,131
Creditors: Amounts Falling Due After More Than One Year (42,115 ) (59,045 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (1,516 ) (1,516 )
NET ASSETS 158,956 80,570
CAPITAL AND RESERVES
Called up share capital 5 215 215
Profit and Loss Account 158,741 80,355
SHAREHOLDERS' FUNDS 158,956 80,570
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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.
All of the company's members have consented to the preparation of an Abridged Balance Sheet for the year end 31 December 2024 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr B S Lowe
Director
1 September 2025
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Abridged Financial Statements
1. General Information
The Data Analysis Hub Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09276763 . The registered office is First Floor, 1 The Courtyard, 707 Warwick Road, Solihull, West Midlands, B91 3DA.
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:
Motor Vehicles 25% straight line
Fixtures & Fittings 15% straight line
Computer Equipment 25% reducing balance
2.4. 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. 
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2.5. 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: 7 (2023: 5)
7 5
4. Tangible Assets
Total
£
Cost
As at 1 January 2024 23,204
Additions 2,312
As at 31 December 2024 25,516
Depreciation
As at 1 January 2024 15,228
Provided during the period 2,974
As at 31 December 2024 18,202
Net Book Value
As at 31 December 2024 7,314
As at 1 January 2024 7,976
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5. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 215 215
6. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 January 2024 Amounts advanced Amounts repaid Amounts written off As at 31 December 2024
£ £ £ £ £
Mr Benjamin Lowe - 6,795 - - 6,795
The above loan is unsecured, interest free and repayable on demand.
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