Acorah Software Products - Accounts Production 14.5.601 false true false 1 January 2023 31 December 2023 31 December 2023 10537508 Miss Anabelle Brousse De Gersigny Mr Matthew Wade iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10537508 2022-12-31 10537508 2023-12-31 10537508 2023-01-01 2023-12-31 10537508 frs-core:CurrentFinancialInstruments 2023-12-31 10537508 frs-core:FurnitureFittings 2023-12-31 10537508 frs-core:FurnitureFittings 2023-01-01 2023-12-31 10537508 frs-core:FurnitureFittings 2022-12-31 10537508 frs-core:ShareCapital 2023-12-31 10537508 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 10537508 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 10537508 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 10537508 frs-bus:SmallEntities 2023-01-01 2023-12-31 10537508 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 10537508 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 10537508 frs-bus:Director1 2023-01-01 2023-12-31 10537508 frs-bus:Director2 2023-01-01 2023-12-31 10537508 frs-countries:Albania 2023-01-01 2023-12-31
Registered number: 10537508
Art-Iculate (Shropshire) Ltd
Financial Statements
For The Year Ended 31 December 2023
Aspire Accountancy
Financial Statements
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 10537508
2023
Notes £ £
FIXED ASSETS
Tangible Assets 4 225
225
CURRENT ASSETS
Debtors 5 100
100
Creditors: Amounts Falling Due Within One Year 6 (590 )
NET CURRENT ASSETS (LIABILITIES) (490 )
TOTAL ASSETS LESS CURRENT LIABILITIES (265 )
NET LIABILITIES (265 )
CAPITAL AND RESERVES
Called up share capital 7 100
Profit and Loss Account (365 )
SHAREHOLDERS' FUNDS (265)
For the year ending 31 December 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
Miss Anabelle Brousse De Gersigny
Director
06/03/2024
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
Art-Iculate (Shropshire) Ltd is a private company, limited by shares, incorporated in Albania, registered number 10537508 . The registered office is Unit 2, SY8 Studios, Gravel Hill, Ludlow, Shropshire, SY8 1FP.
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. 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 25% Reducing balance
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL
-
4. Tangible Assets
Fixtures & Fittings
£
Cost
As at 1 January 2023 -
Additions 250
As at 31 December 2023 250
Depreciation
As at 1 January 2023 -
Provided during the period 25
As at 31 December 2023 25
Net Book Value
As at 31 December 2023 225
As at 1 January 2023 -
Page 2
Page 3
5. Debtors
2023
£
Due within one year
Called up share capital not paid 100
100
6. Creditors: Amounts Falling Due Within One Year
2023
£
Trade creditors 304
Bank loans and overdrafts (150 )
VAT 16
Accruals and deferred income 420
590
7. Share Capital
2023
£
Called Up Share Capital not Paid 100
Amount of Allotted, Called Up Share Capital 100
Page 3