Acorah Software Products - Accounts Production 14.5.601 false true 30 April 2022 1 May 2021 false 1 May 2022 30 April 2023 30 April 2023 11917431 Mrs C F Newman Mr C P Newman iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11917431 2022-04-30 11917431 2023-04-30 11917431 2022-05-01 2023-04-30 11917431 frs-core:CurrentFinancialInstruments 2023-04-30 11917431 frs-core:PlantMachinery 2023-04-30 11917431 frs-core:PlantMachinery 2022-05-01 2023-04-30 11917431 frs-core:PlantMachinery 2022-04-30 11917431 frs-core:ShareCapital 2023-04-30 11917431 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30 11917431 frs-bus:PrivateLimitedCompanyLtd 2022-05-01 2023-04-30 11917431 frs-bus:FilletedAccounts 2022-05-01 2023-04-30 11917431 frs-bus:SmallEntities 2022-05-01 2023-04-30 11917431 frs-bus:AuditExempt-NoAccountantsReport 2022-05-01 2023-04-30 11917431 frs-bus:SmallCompaniesRegimeForAccounts 2022-05-01 2023-04-30 11917431 frs-bus:Director1 2022-05-01 2023-04-30 11917431 frs-bus:Director2 2022-05-01 2023-04-30 11917431 frs-countries:EnglandWales 2022-05-01 2023-04-30 11917431 2021-04-30 11917431 2022-04-30 11917431 2021-05-01 2022-04-30 11917431 frs-core:CurrentFinancialInstruments 2022-04-30 11917431 frs-core:ShareCapital 2022-04-30 11917431 frs-core:RetainedEarningsAccumulatedLosses 2022-04-30
Registered number: 11917431
IPS Modus Ltd
Unaudited Financial Statements
For The Year Ended 30 April 2023
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 11917431
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 8,163 9,306
8,163 9,306
CURRENT ASSETS
Stocks 5 11,978 11,978
Debtors 6 1,849 1,778
Cash at bank and in hand 12,297 1,646
26,124 15,402
Creditors: Amounts Falling Due Within One Year 7 (316,491 ) (290,602 )
NET CURRENT ASSETS (LIABILITIES) (290,367 ) (275,200 )
TOTAL ASSETS LESS CURRENT LIABILITIES (282,204 ) (265,894 )
PROVISIONS FOR LIABILITIES
Provisions For Charges - (618 )
NET LIABILITIES (282,204 ) (266,512 )
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account (282,304 ) (266,612 )
SHAREHOLDERS' FUNDS (282,204) (266,512)
Page 1
Page 2
For the year ending 30 April 2023 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 C P Newman
Director
26/02/2024
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
IPS Modus Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11917431 . The registered office is 60 Minster Road, Godalming, Surrey, GU7 1SR.
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. 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:
Plant & Machinery 10 years straight line
2.3. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2022: 1)
1 1
4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 May 2022 11,427
As at 30 April 2023 11,427
Depreciation
As at 1 May 2022 2,121
Provided during the period 1,143
As at 30 April 2023 3,264
Net Book Value
As at 30 April 2023 8,163
As at 1 May 2022 9,306
5. Stocks
2023 2022
£ £
Stock 11,978 11,978
Page 3
Page 4
6. Debtors
2023 2022
£ £
Due within one year
Prepayments and accrued income 1,849 1,778
1,849 1,778
7. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Other creditors 316,491 290,602
316,491 290,602
8. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
Page 4