Acorah Software Products - Accounts Production 19.3.550 false true 31 October 2024 1 November 2023 false 1 November 2024 31 October 2025 31 October 2025 11620742 Alex Worrad-Andrews Jan Baykara Gemma Copeland Everin Scott Arbnor Hisenaj iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11620742 2024-10-31 11620742 2025-10-31 11620742 2024-11-01 2025-10-31 11620742 frs-core:CurrentFinancialInstruments 2025-10-31 11620742 frs-core:ComputerEquipment 2025-10-31 11620742 frs-core:ComputerEquipment 2024-11-01 2025-10-31 11620742 frs-core:ComputerEquipment 2024-10-31 11620742 frs-core:RetainedEarningsAccumulatedLosses 2025-10-31 11620742 frs-bus:CompanyLimitedByGuarantee 2024-11-01 2025-10-31 11620742 frs-bus:FilletedAccounts 2024-11-01 2025-10-31 11620742 frs-bus:SmallEntities 2024-11-01 2025-10-31 11620742 frs-bus:AuditExempt-NoAccountantsReport 2024-11-01 2025-10-31 11620742 frs-bus:SmallCompaniesRegimeForAccounts 2024-11-01 2025-10-31 11620742 frs-bus:Director1 2024-11-01 2025-10-31 11620742 frs-bus:Director2 2024-11-01 2025-10-31 11620742 frs-bus:Director3 2024-11-01 2025-10-31 11620742 frs-bus:Director4 2024-11-01 2025-10-31 11620742 frs-bus:Director5 2024-11-01 2025-10-31 11620742 frs-countries:EnglandWales 2024-11-01 2025-10-31 11620742 2023-10-31 11620742 2024-10-31 11620742 2023-11-01 2024-10-31 11620742 frs-core:CurrentFinancialInstruments 2024-10-31 11620742 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31 11620742 frs-core:CurrentFinancialInstruments 1 2024-10-31
Registered number: 11620742
Common Knowledge Co-Operative Ltd
Financial Statements
For The Year Ended 31 October 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 11620742
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 2,921 6,035
2,921 6,035
CURRENT ASSETS
Debtors 5 36,890 43,553
Cash at bank and in hand 33,885 64,317
70,775 107,870
Creditors: Amounts Falling Due Within One Year 6 (55,615 ) (51,710 )
NET CURRENT ASSETS (LIABILITIES) 15,160 56,160
TOTAL ASSETS LESS CURRENT LIABILITIES 18,081 62,195
PROVISIONS FOR LIABILITIES
Deferred Taxation (1,147 ) (1,147 )
NET ASSETS 16,934 61,048
Income and Expenditure Account 16,934 61,048
MEMBERS' FUNDS 16,934 61,048
Page 1
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For the year ending 31 October 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 Income and Expenditure Account.
On behalf of the board
Jan Baykara
Director
16/07/2026
The notes on pages 3 to 5 form part of these financial statements.
Page 2
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Notes to the Financial Statements
1. General Information
Common Knowledge Co-Operative Ltd is a private company, limited by guarantee, incorporated in England & Wales, registered number 11620742 . The registered office is Pelican House, 138-148 Cambridge Heath Road, London, E1 5QJ.
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 web development services.
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. 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:
Computer Equipment 3 years straight line
2.4. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable surplus for the year. Taxable surplus differs from surplus as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year 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.
...CONTINUED
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2.4. Taxation - continued
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 surplus. 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 surplus 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 surplus 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 asset reflects 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 or deferred tax for the year is recognised in surplus or deficit, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
2.5. Deferred grant income - true and fair override
The company has chosen to use the option in Section 24 of FRS102 to use the accruals method for accounting for government grants. During the period the company received a non-government grant of which £15,000 remained unspent at the period end. According to Section PBE34.67 of FRS102, it is not permitted for a public benefit entity to use the accruals model for a non-government grant. The underlying substance of the non-government grant received in the period is the same as the government grants, and so the company has chosen to override PBE34.67 in order to show a true and fair view, and account for the non-government grant on the accruals basis, on the same basis as government grants.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 5 (2024: 5)
5 5
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 November 2024 11,580
As at 31 October 2025 11,580
...CONTINUED
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Depreciation
As at 1 November 2024 5,545
Provided during the period 3,114
As at 31 October 2025 8,659
Net Book Value
As at 31 October 2025 2,921
As at 1 November 2024 6,035
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors - 14,376
Prepayments and accrued income 25,007 27,738
Returnable deposits 661 500
Corporation tax recoverable assets 939 939
Deferred tax current asset 10,283 -
36,890 43,553
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 6,308 3,779
Other taxes and social security 5,739 21,006
VAT 11,969 10,418
Net wages 95 -
Loan -hire purchase - 281
Accruals and deferred income 31,504 16,226
55,615 51,710
7. Company limited by guarantee
The company is limited by guarantee and has no share capital.
Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
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