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 07749256 Mr Alexander Hearn iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07749256 2023-12-31 07749256 2024-12-31 07749256 2024-01-01 2024-12-31 07749256 frs-core:CurrentFinancialInstruments 2024-12-31 07749256 frs-core:Non-currentFinancialInstruments 2024-12-31 07749256 frs-core:ComputerEquipment 2024-12-31 07749256 frs-core:ComputerEquipment 2024-01-01 2024-12-31 07749256 frs-core:ComputerEquipment 2023-12-31 07749256 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-01-01 2024-12-31 07749256 frs-core:FurnitureFittings 2024-12-31 07749256 frs-core:FurnitureFittings 2024-01-01 2024-12-31 07749256 frs-core:FurnitureFittings 2023-12-31 07749256 frs-core:MotorVehicles 2024-12-31 07749256 frs-core:MotorVehicles 2024-01-01 2024-12-31 07749256 frs-core:MotorVehicles 2023-12-31 07749256 frs-core:OtherResidualIntangibleAssets 2024-12-31 07749256 frs-core:OtherResidualIntangibleAssets 2024-01-01 2024-12-31 07749256 frs-core:OtherResidualIntangibleAssets 2023-12-31 07749256 frs-core:SharePremium 2024-12-31 07749256 frs-core:ShareCapital 2024-12-31 07749256 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 07749256 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 07749256 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 07749256 frs-bus:SmallEntities 2024-01-01 2024-12-31 07749256 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 07749256 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 07749256 frs-bus:Director1 2024-01-01 2024-12-31 07749256 frs-bus:Director1 2023-12-31 07749256 frs-bus:Director1 2024-12-31 07749256 frs-countries:EnglandWales 2024-01-01 2024-12-31 07749256 2022-12-31 07749256 2023-12-31 07749256 2023-01-01 2023-12-31 07749256 frs-core:CurrentFinancialInstruments 2023-12-31 07749256 frs-core:Non-currentFinancialInstruments 2023-12-31 07749256 frs-core:SharePremium 2023-12-31 07749256 frs-core:ShareCapital 2023-12-31 07749256 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 07749256
Myslipcase Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
OnTheGo Accountants
330 Holborn Gate
High Holborn
London
WC1V 7QH
Myslipcase Limited
Contents
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Myslipcase Limited
Balance Sheet
As At 31 December 2024
Balance Sheet
Registered number: 07749256
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 75,722 241,943
Tangible Assets 5 26,515 31,310
102,237 273,253
CURRENT ASSETS
Debtors 6 301,805 319,378
Cash at bank and in hand 605,628 399,287
907,433 718,665
Creditors: Amounts Falling Due Within One Year 7 (947,976 ) (805,421 )
NET CURRENT ASSETS (LIABILITIES) (40,543 ) (86,756 )
TOTAL ASSETS LESS CURRENT LIABILITIES 61,694 186,497
Creditors: Amounts Falling Due After More Than One Year 8 (33,007 ) (48,409 )
PROVISIONS FOR LIABILITIES
Deferred Taxation 9 (6,629 ) (68,313 )
NET ASSETS 22,058 69,775
CAPITAL AND RESERVES
Called up share capital 10 130 130
Share premium account 29,985 -
Profit and Loss Account (8,057 ) 69,645
SHAREHOLDERS' FUNDS 22,058 69,775
Page 1
Page 2
Myslipcase Limited
Balance Sheet (continued)
As At 31 December 2024
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 Alexander Hearn
Director
29/10/2025
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Myslipcase Limited
Notes to the Financial Statements
For The Year Ended 31 December 2024
Notes to the Financial Statements
1. General Information
Myslipcase Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07749256 . The registered office is Slipcase, Fora 60 London Wall, London, EC2M 5TQ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared in compliance with FRS 102 Section IA as it applies to the financial statements for the period and there were no material departures from the reporting standard
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 rendering of services.
2.3. Intangible Fixed Assets and Amortisation - Other Intangible
Intangible assets are stated at cost less accumulated amortisation and any accumulated impairment losses. Intangible assets are recognised only if it is probable that future economic benefits attributable to the asset will flow to the entity and the cost of the asset can be measured reliably.
Development costs are capitalised when all the recognition criteria under FRS 102 Section 18 are met.Expenditure on research is recognised as an expense when incurred.

Amortisation is calculated to write off the cost of the intangible asset less any residual value over its useful economic life on a straight-line basis. The estimated useful lives and amortisation methods are reviewed annually.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:
Motor Vehicles 25%
Fixtures & Fittings 33%
Computer Equipment 33%
2.5. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.
2.6. Foreign Currencies
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
2.7. Taxation
Deferred tax
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Page 3
Page 4
Myslipcase Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2024
2.8. Pensions
The company operates a defined contribution pension plan for the benefit of its employees.
Contributions are recognised as expenses as they become payable. Differences between contributions payable in the year and those actually paid are recognised as either prepayments or accruals in the balance sheet. The assets of the defined contribution pension scheme are held separately from those of the company in an independently administered fund.
2.9. Cash and cash equivalents
Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less.
Bank overdrafts are disclosed separately. For the purpose of the cash flow statement, bank overdrafts form an integral part of the company's cash management and are included as a component of cash and cash equivalents.
2.10. Controlling party
The director considers that there is no ultimate controlling party, as no individual or entity has sufficient ownership, voting rights, or contractual arrangements to exercise control over the company. Control is deemed to be shared among the shareholders in accordance with their respective interests.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 7 (2023: 6)
7 6
4. Intangible Assets
Other
£
Cost
As at 1 January 2024 620,806
As at 31 December 2024 620,806
Amortisation
As at 1 January 2024 378,863
Provided during the period 166,221
As at 31 December 2024 545,084
Net Book Value
As at 31 December 2024 75,722
As at 1 January 2024 241,943
5. Tangible Assets
Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 January 2024 32,492 9,341 8,184 50,017
Additions - 1,347 1,034 2,381
As at 31 December 2024 32,492 10,688 9,218 52,398
Depreciation
As at 1 January 2024 3,791 8,916 6,000 18,707
Provided during the period 7,176 - - 7,176
As at 31 December 2024 10,967 8,916 6,000 25,883
...CONTINUED
Page 4
Page 5
Myslipcase Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2024
Net Book Value
As at 31 December 2024 21,525 1,772 3,218 26,515
As at 1 January 2024 28,701 425 2,184 31,310
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 218,595 259,414
Other debtors 83,210 59,964
301,805 319,378
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 20,405 23,049
Other creditors 655,257 600,849
Taxation and social security 272,314 181,523
947,976 805,421
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net ot any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 6,847 -
Other creditors 26,160 48,409
33,007 48,409
9. Deferred Taxation
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
2024 2023
£ £
Other timing differences 6,629 68,313
Page 5
Page 6
Myslipcase Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2024
10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 130 130
11. Directors Advances, Credits and Guarantees
DLA : As at the balance sheet dated 31 December 2024 there was an outstanding directors loan account owed to the company by the directors to the amount of £40051.
As at 1 January 2024 Amounts advanced Amounts repaid Amounts written off As at 31 December 2024
£ £ £ £ £
Mr Alexander Hearn 40,051 55,456 (55,456 ) - 40,051
Page 6