Acorah Software Products - Accounts Production 14.5.501 false true 31 July 2022 1 August 2021 false 1 August 2022 31 July 2023 31 July 2023 12748341 Mr Abhishek Visveswaran iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12748341 2022-07-31 12748341 2023-07-31 12748341 2022-08-01 2023-07-31 12748341 frs-core:CurrentFinancialInstruments 2023-07-31 12748341 frs-core:ComputerEquipment 2023-07-31 12748341 frs-core:ComputerEquipment 2022-08-01 2023-07-31 12748341 frs-core:ComputerEquipment 2022-07-31 12748341 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-07-31 12748341 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2022-08-01 2023-07-31 12748341 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2022-07-31 12748341 frs-core:ShareCapital 2023-07-31 12748341 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31 12748341 frs-bus:PrivateLimitedCompanyLtd 2022-08-01 2023-07-31 12748341 frs-bus:FilletedAccounts 2022-08-01 2023-07-31 12748341 frs-bus:SmallEntities 2022-08-01 2023-07-31 12748341 frs-bus:AuditExempt-NoAccountantsReport 2022-08-01 2023-07-31 12748341 frs-bus:SmallCompaniesRegimeForAccounts 2022-08-01 2023-07-31 12748341 frs-bus:Director1 2022-08-01 2023-07-31 12748341 frs-countries:EnglandWales 2022-08-01 2023-07-31 12748341 2021-07-31 12748341 2022-07-31 12748341 2021-08-01 2022-07-31 12748341 frs-core:CurrentFinancialInstruments 2022-07-31 12748341 frs-core:ShareCapital 2022-07-31 12748341 frs-core:RetainedEarningsAccumulatedLosses 2022-07-31
Registered number: 12748341
Alyv Ltd
Unaudited Financial Statements
For The Year Ended 31 July 2023
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 12748341
2023 2022
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 36,854 35,492
Tangible Assets 5 - 706
36,854 36,198
CURRENT ASSETS
Cash at bank and in hand 14,687 2,006
14,687 2,006
Creditors: Amounts Falling Due Within One Year 6 (58,361 ) (42,143 )
NET CURRENT ASSETS (LIABILITIES) (43,674 ) (40,137 )
TOTAL ASSETS LESS CURRENT LIABILITIES (6,820 ) (3,939 )
NET LIABILITIES (6,820 ) (3,939 )
CAPITAL AND RESERVES
Called up share capital 7 1 1
Profit and Loss Account (6,821 ) (3,940 )
SHAREHOLDERS' FUNDS (6,820) (3,939)
Page 1
Page 2
For the year ending 31 July 2023 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 Abhishek Visveswaran
Director
27/03/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Alyv Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12748341 . The registered office is 78 High Street, Newport Pagnell, Buckinghamshire, MK16 8AQ.
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. Research and Development
In the research phase of an internal project it is not possible to demonstrate that the project will generate future economic benefits and hence all expenditure on research is recognised as an expense when it is incurred. Intangible assets are recognised from the development phase of a project if and only if certain specific criteria are met in order to demonstrate the asset will generate probable future economic benefits and that its cost can be reliably measured. The capitalised development costs are subsequently amortised to ... on a straight line basis over their expected useful economic lives, which range from ... to ... years.
If it is not possible to distinguish between the research phase and the development phase of an internal project the expenditure is treated as if it were all incurred in the research phase only.
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 33.3% SL
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2022: NIL)
1 -
4. Intangible Assets
Development Costs
£
Cost
As at 1 August 2022 35,492
Additions 1,362
As at 31 July 2023 36,854
Net Book Value
As at 31 July 2023 36,854
As at 1 August 2022 35,492
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5. Tangible Assets
Computer Equipment
£
Cost
As at 1 August 2022 2,119
As at 31 July 2023 2,119
Depreciation
As at 1 August 2022 1,413
Provided during the period 706
As at 31 July 2023 2,119
Net Book Value
As at 31 July 2023 -
As at 1 August 2022 706
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors - (1 )
Director's loan account 58,361 42,144
58,361 42,143
7. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 1 1
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