Acorah Software Products - Accounts Production 16.8.200 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 06657041 Mr Michele Calabrese iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06657041 2023-12-31 06657041 2024-12-31 06657041 2024-01-01 2024-12-31 06657041 frs-core:CurrentFinancialInstruments 2024-12-31 06657041 frs-core:Non-currentFinancialInstruments 2024-12-31 06657041 frs-core:ComputerEquipment 2024-12-31 06657041 frs-core:ComputerEquipment 2024-01-01 2024-12-31 06657041 frs-core:ComputerEquipment 2023-12-31 06657041 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-01-01 2024-12-31 06657041 frs-core:FurnitureFittings 2024-12-31 06657041 frs-core:FurnitureFittings 2024-01-01 2024-12-31 06657041 frs-core:FurnitureFittings 2023-12-31 06657041 frs-core:NetGoodwill 2024-12-31 06657041 frs-core:NetGoodwill 2024-01-01 2024-12-31 06657041 frs-core:NetGoodwill 2023-12-31 06657041 frs-core:OtherResidualIntangibleAssets 2024-12-31 06657041 frs-core:OtherResidualIntangibleAssets 2024-01-01 2024-12-31 06657041 frs-core:OtherResidualIntangibleAssets 2023-12-31 06657041 frs-core:ShareCapital 2024-12-31 06657041 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 06657041 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 06657041 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 06657041 frs-bus:SmallEntities 2024-01-01 2024-12-31 06657041 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 06657041 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 06657041 frs-bus:Director1 2024-01-01 2024-12-31 06657041 frs-countries:EnglandWales 2024-01-01 2024-12-31 06657041 2022-12-31 06657041 2023-12-31 06657041 2023-01-01 2023-12-31 06657041 frs-core:CurrentFinancialInstruments 2023-12-31 06657041 frs-core:Non-currentFinancialInstruments 2023-12-31 06657041 frs-core:ShareCapital 2023-12-31 06657041 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 06657041
Blue Rocket Accounting Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2024
Blue Rocket Accounting
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 06657041
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 243,306 344,983
Tangible Assets 5 10,138 10,655
253,444 355,638
CURRENT ASSETS
Stocks 6 401 -
Debtors 7 331,187 345,669
Cash at bank and in hand 79,052 56,157
410,640 401,826
Creditors: Amounts Falling Due Within One Year 8 (350,157 ) (439,987 )
NET CURRENT ASSETS (LIABILITIES) 60,483 (38,161 )
TOTAL ASSETS LESS CURRENT LIABILITIES 313,927 317,477
Creditors: Amounts Falling Due After More Than One Year 9 (69,653 ) (51,184 )
NET ASSETS 244,274 266,293
CAPITAL AND RESERVES
Called up share capital 10 200 200
Profit and Loss Account 244,074 266,093
SHAREHOLDERS' FUNDS 244,274 266,293
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Page 2
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 Michele Calabrese
Director
31/10/2025
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Blue Rocket Accounting Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 06657041 . The registered office is 8 Twisleton Court, Priory Hill, Dartford, Kent, DA1 2EN.
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. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the profit and loss account over its estimated economic life of .... years.
2.4. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are .... It is amortised to the profit and loss account over its estimated economic life of .... years.
2.5. 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:
Fixtures & Fittings 20% SLM
Computer Equipment 20% SLM
2.6. 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. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.7. 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.
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2.8. 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: 15 (2023: )
15 -
4. Intangible Assets
Goodwill Other Total
£ £ £
Cost
As at 1 January 2024 817,003 6,000 823,003
Additions 21,909 - 21,909
Disposals (352,003 ) (6,000 ) (358,003 )
As at 31 December 2024 486,909 - 486,909
Amortisation
As at 1 January 2024 472,356 5,664 478,020
Provided during the period 123,250 336 123,586
Reversal of past impairments (352,003 ) (6,000 ) (358,003 )
As at 31 December 2024 243,603 - 243,603
Net Book Value
As at 31 December 2024 243,306 - 243,306
As at 1 January 2024 344,647 336 344,983
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5. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 January 2024 11,504 19,980 31,484
Additions 3,244 2,281 5,525
As at 31 December 2024 14,748 22,261 37,009
Depreciation
As at 1 January 2024 10,608 10,221 20,829
Provided during the period 1,200 4,842 6,042
As at 31 December 2024 11,808 15,063 26,871
Net Book Value
As at 31 December 2024 2,940 7,198 10,138
As at 1 January 2024 896 9,759 10,655
6. Stocks
2024 2023
£ £
Stock 401 -
7. Debtors
2024 2023
£ £
Due within one year
Trade debtors 234,351 226,694
Amounts owed by participating interests 80,699 76,188
Other debtors 16,137 42,787
331,187 345,669
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 8,654 9,882
Bank loans and overdrafts 70,920 160,780
Other creditors 83,644 95,604
Taxation and social security 186,939 173,721
350,157 439,987
9. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 69,653 51,184
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10. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 200 200
Page 6