Acorah Software Products - Accounts Production 16.6.950 false true 31 March 2024 23 March 2023 false 1 April 2024 31 March 2025 31 March 2025 14766096 Mr Daryl Cheetham Mrs Rebecca Cheetham iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14766096 2024-03-31 14766096 2025-03-31 14766096 2024-04-01 2025-03-31 14766096 frs-core:CurrentFinancialInstruments 2025-03-31 14766096 frs-core:ShareCapital 2025-03-31 14766096 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 14766096 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 14766096 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 14766096 frs-bus:SmallEntities 2024-04-01 2025-03-31 14766096 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 14766096 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 14766096 frs-bus:Director1 2024-04-01 2025-03-31 14766096 frs-bus:Director2 2024-04-01 2025-03-31 14766096 frs-countries:EnglandWales 2024-04-01 2025-03-31 14766096 2023-03-22 14766096 2024-03-31 14766096 2023-03-23 2024-03-31 14766096 frs-core:CurrentFinancialInstruments 2024-03-31 14766096 frs-core:ShareCapital 2024-03-31 14766096 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 14766096
Cheetham Family Investment Company Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 14766096
31 March 2025 31 March 2024
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 7,500,000 600,685
Cash at bank and in hand 100 100
7,500,100 600,785
Creditors: Amounts Falling Due Within One Year 5 (7,183,790 ) (465,631 )
NET CURRENT ASSETS (LIABILITIES) 316,310 135,154
TOTAL ASSETS LESS CURRENT LIABILITIES 316,310 135,154
NET ASSETS 316,310 135,154
CAPITAL AND RESERVES
Called up share capital 6 100 100
Profit and Loss Account 316,210 135,054
SHAREHOLDERS' FUNDS 316,310 135,154
For the year ending 31 March 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
Mr Daryl Cheetham
Director
24/12/2025
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
Cheetham Family Investment Company Limited is a private company, limited by shares, incorporated in England & Wales, registered number 14766096 . The registered office is 1 Market Street, Altrincham, WA14 1QE.
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. 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: NIL (2024: NIL)
- -
4. Debtors
31 March 2025 31 March 2024
£ £
Due within one year
Amounts owed by group undertakings 7,500,000 -
Other debtors - 600,685
7,500,000 600,685
5. Creditors: Amounts Falling Due Within One Year
31 March 2025 31 March 2024
£ £
Amounts owed to group undertakings 7,182,563 -
Other creditors 1,227 421,707
Taxation and social security - 43,924
7,183,790 465,631
Page 2
Page 3
6. Share Capital
31 March 2025 31 March 2024
£ £
Allotted, Called up and fully paid 100 100
7. Related Party Transactions
At the balance sheet date, included in debtors within one year, the company was owed £7,500,000 from a company under the control of a director. Interest is charged at 10% per annum and during the year £804,610 of interest was received
At the balance sheet date, included in creditors within one year, the company owed £7,182,563 to a company under the control of a director. During the year £317,437 was repaid. Interest is charged at 7% per annum and during the year £563,227 of interest was paid. 
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