Acorah Software Products - Accounts Production 16.5.460 false true true 31 December 2023 1 January 2023 false 16 October 2025 1 January 2024 31 December 2024 31 December 2024 10349874 Dr K J Guo iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10349874 2023-12-31 10349874 2024-12-31 10349874 2024-01-01 2024-12-31 10349874 frs-core:CurrentFinancialInstruments 2024-12-31 10349874 frs-core:Non-currentFinancialInstruments 2024-12-31 10349874 frs-core:ComputerEquipment 2024-01-01 2024-12-31 10349874 frs-core:FurnitureFittings 2024-01-01 2024-12-31 10349874 frs-core:PlantMachinery 2024-12-31 10349874 frs-core:PlantMachinery 2024-01-01 2024-12-31 10349874 frs-core:PlantMachinery 2023-12-31 10349874 frs-core:ShareCapital 2024-12-31 10349874 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 10349874 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 10349874 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 10349874 frs-bus:SmallEntities 2024-01-01 2024-12-31 10349874 frs-bus:Audited 2024-01-01 2024-12-31 10349874 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 10349874 frs-bus:OrdinaryShareClass1 2024-01-01 2024-12-31 10349874 frs-bus:OrdinaryShareClass1 2024-12-31 10349874 frs-core:UnlistedNon-exchangeTraded 2024-12-31 10349874 frs-core:UnlistedNon-exchangeTraded 2023-12-31 10349874 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-12-31 10349874 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-12-31 10349874 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-12-31 10349874 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-12-31 10349874 frs-bus:Director1 2024-01-01 2024-12-31 10349874 frs-core:CurrentFinancialInstruments 1 2024-12-31 10349874 frs-countries:EnglandWales 2024-01-01 2024-12-31 10349874 2022-12-31 10349874 2023-12-31 10349874 2023-01-01 2023-12-31 10349874 frs-core:CurrentFinancialInstruments 2023-12-31 10349874 frs-core:Non-currentFinancialInstruments 2023-12-31 10349874 frs-core:ShareCapital 2023-12-31 10349874 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 10349874 frs-bus:OrdinaryShareClass1 2023-01-01 2023-12-31 10349874 frs-core:CurrentFinancialInstruments 1 2023-12-31
Registered number: 10349874
New Beacon Group Limited
Financial Statements
For The Year Ended 31 December 2024
New Beacon Group Limited
Contents
Contents

| Page
--- | ---
Balance Sheet | 1
Notes to the Financial Statements | 2—5

Page 1
New Beacon Group Limited
Balance Sheet
As At 31 December 2024
Balance Sheet
Registered number: 10349874

| 2024 | 2023
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 858,635 |  | 647,148
Investments | 5 |  | 266,596 |  | 266,596
|  |  | 1,125,231 |  | 913,744
CURRENT ASSETS
Debtors | 6 | 143,009 |  | 147,825 |
Cash at bank and in hand |  | 151,047 |  | 458,584 |
|  | 294,056 |  | 606,409 |
Creditors: Amounts Falling Due Within One Year | 7 | (10,672,388 ) |  | (10,243,297 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (10,378,332 ) |  | (9,636,888 )
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | (9,253,101 ) |  | (8,723,144 )
Creditors: Amounts Falling Due After More Than One Year | 8 |  | (18,444 ) |  | (28,628 )
NET LIABILITIES |  |  | (9,271,545 ) |  | (8,751,772 )
CAPITAL AND RESERVES
Called up share capital | 9 |  | 100 |  | 100
Profit and Loss Account |  |  | (9,271,645 ) |  | (8,751,872 )
SHAREHOLDERS' FUNDS |  |  | (9,271,545) |  | (8,751,772)

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

Dr K J Guo Director
16 October 2025

The notes on pages 2 to 5 form part of these financial statements.
Page 1
Page 2
New Beacon Group Limited
Notes to the Financial Statements
For The Year Ended 31 December 2024
Notes to the Financial Statements
1. General Information
New Beacon Group Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10349874 . The registered office is Beacon Building Staffordshire Education, Weston Road, Stafford, Staffordshire, ST18 0BF.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of section 1a "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.
The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.
Preparation of consolidated financial statements
The financial statements contain information about New Beacon Group Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.
2.2. Going Concern Disclosure
As at 31 December 2024, the company had net liabilities of £9,271,545 (2023: £8,751,772) and is reliant on the support of associated companies in which Dr Kaijun Guo is a director.
The associated companies have indicated that they will not withdraw their support from the company for at least the next twelve months.
2.3. 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.
Conferencing revenue
Conferencing revenue is recognised at the fair value of the consideration received.
Short course income
Short course income, excluding value added tax, is in relation to courses delivered during the year and is recognised evenly over the period of the relevant course. Any receipts in advance of the course starting date are held on the statement of financial position as deferred income.
Student Accommodation
Rental income is recognised through the profit and loss account on a straight line basis over the agreement between the student and the company.
Leased Revenue
The rental income receivable under the leases is recognised through the profit and loss on a straight line basis over the term of the lease.
2.4. 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% on cost
Fixtures & Fittings | 20% on cost and 10% on cost
Computer Equipment | 20% on cost and 10% on cost

2.5. 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.
Page 2
Page 3
New Beacon Group Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2024
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.
2.7. Debtors and creditors receivable / payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.
2.8. Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.
2.9. Loans and borrowings
Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 12 (2023: 11)
12 11
4. Tangible Assets

| Plant & Machinery etc.
--- | ---
| £
Cost
As at 1 January 2024 | 1,596,810
Additions | 404,597
Disposals | (28,864 )
As at 31 December 2024 | 1,972,543
Depreciation
As at 1 January 2024 | 949,662
Provided during the period | 172,835
Disposals | (8,589 )
As at 31 December 2024 | 1,113,908
Net Book Value
As at 31 December 2024 | 858,635
As at 1 January 2024 | 647,148

5. Investments

| Unlisted
--- | ---
| £
Cost
As at 1 January 2024 | 266,596
As at 31 December 2024 | 266,596
Provision
As at 1 January 2024 | -
As at 31 December 2024 | -

...CONTINUED
Page 3
Page 4
New Beacon Group Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2024

Net Book Value
As at 31 December 2024 | 266,596
As at 1 January 2024 | 266,596

6. Debtors

| 2024 |  | 2023
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 57,608 |  | 64,928
Prepayments and accrued income | 83,507 |  | 80,772
Other debtors | 1,894 |  | 2,125
| 143,009 |  | 147,825

7. Creditors: Amounts Falling Due Within One Year

| 2024 |  | 2023
--- | --- | --- | ---
| £ |  | £
Trade creditors | 111,019 |  | 49,841
Bank loans and overdrafts | 9,568 |  | 9,129
Other taxes and social security | 14,004 |  | 13,074
VAT | 17,948 |  | 28,388
Other creditors | 2,039 |  | -
Pension control | 3,087 |  | 2,686
Accruals and deferred income | 568,067 |  | 480,577
Amounts owed to subsidiaries | 308,612 |  | 199,369
Amounts owed to associates | 9,638,044 |  | 9,460,233
| 10,672,388 |  | 10,243,297

8. Creditors: Amounts Falling Due After More Than One Year

| 2024 |  | 2023
--- | --- | --- | ---
| £ |  | £
Bank loans | 18,444 |  | 28,628

9. Share Capital

| 2024 |  | 2023
--- | --- | --- | ---
Allotted, called up and fully paid | £ |  | £
100 Ordinary Shares of £ 1.00 each | 100 |  | 100

10. Related Party Transactions
At the balance sheet date, the New Beacon Group Limited owed £9,638,044 (2023: £9,460,233) to companies in which Dr Kaijun Guo is a director.
11. FRC's Ethical Standard - Provision Available for Small Entities
In common with other businesses of our size and nature we use our auditors to prepare and submit returns to the tax authorities and assist with the preparation of the financial statements.
Page 4
Page 5
New Beacon Group Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2024
12. Audit Information
The auditor's report on the accounts of New Beacon Group Limited for the year ended 31 December 2024 was unqualified.
The auditor's report was signed by Jeremy G Hodgkiss (Senior Statutory Auditor) for and on behalf of Deans Chartered Accountants , Statutory Auditor.

Deans Chartered Accountants Gibson House Hurricane Court Hurricane Close Stafford ST16 1GZ

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