Acorah Software Products - Accounts Production 14.5.601 false true 28 February 2023 1 March 2022 false 1 March 2023 28 February 2024 28 February 2024 10622594 Mr BISMARK AMMAN iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10622594 2023-02-28 10622594 2024-02-28 10622594 2023-03-01 2024-02-28 10622594 frs-core:CurrentFinancialInstruments 2024-02-28 10622594 frs-core:Non-currentFinancialInstruments 2024-02-28 10622594 frs-core:ShareCapital 2024-02-28 10622594 frs-core:RetainedEarningsAccumulatedLosses 2024-02-28 10622594 frs-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-28 10622594 frs-bus:FilletedAccounts 2023-03-01 2024-02-28 10622594 frs-bus:SmallEntities 2023-03-01 2024-02-28 10622594 frs-bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-28 10622594 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-28 10622594 frs-bus:Director1 2023-03-01 2024-02-28 10622594 frs-countries:EnglandWales 2023-03-01 2024-02-28 10622594 2022-02-28 10622594 2023-02-28 10622594 2022-03-01 2023-02-28 10622594 frs-core:CurrentFinancialInstruments 2023-02-28 10622594 frs-core:Non-currentFinancialInstruments 2023-02-28 10622594 frs-core:ShareCapital 2023-02-28 10622594 frs-core:RetainedEarningsAccumulatedLosses 2023-02-28
Registered number: 10622594
Bismark Amman Limited
Unaudited Financial Statements
For The Year Ended 28 February 2024
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 10622594
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Stocks 4 11,043 36,160
Debtors 5 20,165 (7,310 )
Cash at bank and in hand 4,799 20,499
36,007 49,349
Creditors: Amounts Falling Due Within One Year 6 (28,268 ) (40,386 )
NET CURRENT ASSETS (LIABILITIES) 7,739 8,963
TOTAL ASSETS LESS CURRENT LIABILITIES 7,739 8,963
Creditors: Amounts Falling Due After More Than One Year 7 (10,089 ) (15,158 )
NET LIABILITIES (2,350 ) (6,195 )
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account (2,450 ) (6,295 )
SHAREHOLDERS' FUNDS (2,350) (6,195)
For the year ending 28 February 2024 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 BISMARK AMMAN
Director
08/04/2024
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
Bismark Amman Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10622594 . The registered office is 163 Fifth Avenue, Wolverhampton, West Midlands, WV10 9SU.
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. 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 dire1ctors, during the year was as follows: 1 (2023: 1)
1 1
4. Stocks
2024 2023
£ £
Stock - 36,160
Finished goods 11,043 -
11,043 36,160
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 19,940 (11,320 )
VAT 225 4,010
20,165 (7,310 )
Page 2
Page 3
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors (19,273 ) 2,816
Other taxes and social security 4,571 2,315
Other creditors 102 -
Accruals and deferred income 1,200 960
Director's loan account 41,668 34,295
28,268 40,386
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 10,089 15,158
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 3