Acorah Software Products - Accounts Production 16.5.460 false true true 31 January 2024 20 September 2022 false 1 February 2024 31 January 2025 31 January 2025 14364616 Abi Owens Abi Owens false iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14364616 2024-01-31 14364616 2025-01-31 14364616 2024-02-01 2025-01-31 14364616 frs-core:CurrentFinancialInstruments 2025-01-31 14364616 frs-core:ShareCapital 2025-01-31 14364616 frs-core:RetainedEarningsAccumulatedLosses 2025-01-31 14364616 frs-bus:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 14364616 frs-bus:FilletedAccounts 2024-02-01 2025-01-31 14364616 frs-bus:SmallEntities 2024-02-01 2025-01-31 14364616 frs-bus:AuditExempt-NoAccountantsReport 2024-02-01 2025-01-31 14364616 frs-bus:SmallCompaniesRegimeForAccounts 2024-02-01 2025-01-31 14364616 1 2024-02-01 2025-01-31 14364616 frs-bus:Director1 2024-02-01 2025-01-31 14364616 frs-bus:Director1 2024-01-31 14364616 frs-bus:Director1 2025-01-31 14364616 frs-countries:EnglandWales 2024-02-01 2025-01-31 14364616 2022-09-19 14364616 2024-01-31 14364616 2022-09-20 2024-01-31 14364616 frs-core:CurrentFinancialInstruments 2024-01-31 14364616 frs-core:ShareCapital 2024-01-31 14364616 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31
Registered number: 14364616
The Goodness Guide Limited
Unaudited Financial Statements
For The Year Ended 31 January 2025
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 14364616
31 January 2025 31 January 2024
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 2,591 -
Cash at bank and in hand 3,925 491
6,516 491
Creditors: Amounts Falling Due Within One Year 5 (10,702 ) (424 )
NET CURRENT ASSETS (LIABILITIES) (4,186 ) 67
TOTAL ASSETS LESS CURRENT LIABILITIES (4,186 ) 67
NET (LIABILITIES)/ASSETS (4,186 ) 67
CAPITAL AND RESERVES
Called up share capital 6 2 1
Profit and Loss Account (4,188 ) 66
SHAREHOLDERS' FUNDS (4,186) 67
For the year ending 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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
Abi Owens
Director
16/10/2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
The Goodness Guide Limited is a private company, limited by shares, incorporated in England & Wales, registered number 14364616 . The registered office is 24 Geraints Way, Cowbridge, CF71 7AY.
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. Going Concern Disclosure
The directors acknowledge that the company’s balance sheet reports net liabilities at the year end. This position includes working capital loans of £10,000 from related parties that are legally repayable on demand. No such demand has been made, and subsequent to the year end one of the related parties waived repayment of their loan, confirming continued financial support for the company.
On this basis, the directors have a reasonable expectation that the company will continue in operational existence for the foreseeable future and therefore continue to adopt the going concern basis in preparing the financial statements.
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.
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.
2.4. 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 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: 2 (2024: 1)
2 1
Page 2
Page 3
4. Debtors
31 January 2025 31 January 2024
£ £
Due within one year
Trade debtors 57 -
Other debtors 1 -
Directors' loan accounts 2,533 -
2,591 -
5. Creditors: Amounts Falling Due Within One Year
31 January 2025 31 January 2024
£ £
Other loans 10,000 -
Other taxes and social security - 15
Accruals and deferred income 702 240
Directors' loan accounts - 169
10,702 424
6. Share Capital
31 January 2025 31 January 2024
£ £
Allotted, Called up and fully paid 2 1
On 23 August 2025, the Company allotted and issued 1 Ordinary Share of £1 nominal value.
On 28 August 2025, the Company redesignated its 2 issued Ordinary Shares with a nominal value of £1 each as 1 Ordinary A Share and 1 Ordinary B share to a nominal value of £1 each.
7. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 February 2024 Amounts advanced Amounts repaid Amounts written off As at 31 January 2025
£ £ £ £ £
Miss Abi Owens (169 ) 3,883 (1,181 ) - 2,533
The above loan is unsecured, interest free and repayable on demand.
8. Related Party Transactions
Mr Arran Rice, who was a director and shareholder of the company during the year, provided a loan of £10,000 to the company. The loan was interest-free, unsecured and repayable on demand. Mr Rice resigned as a director and shareholder on 8 February 2025.
After the year end, Mr Rice formally waived repayment of the loan.
9. Controlling Party
The company's controlling party is Abi Owens by virtue of her ownership of 100% of the issued share capital in the company.
Page 3