Acorah Software Products - Accounts Production 14.5.601 false true 31 July 2022 1 August 2021 false 1 August 2022 31 July 2023 31 July 2023 12743911 Miss Yujin Lee iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12743911 2022-07-31 12743911 2023-07-31 12743911 2022-08-01 2023-07-31 12743911 frs-core:CurrentFinancialInstruments 2023-07-31 12743911 frs-core:Non-currentFinancialInstruments 2023-07-31 12743911 frs-core:ShareCapital 2023-07-31 12743911 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31 12743911 frs-bus:PrivateLimitedCompanyLtd 2022-08-01 2023-07-31 12743911 frs-bus:FilletedAccounts 2022-08-01 2023-07-31 12743911 frs-bus:SmallEntities 2022-08-01 2023-07-31 12743911 frs-bus:AuditExempt-NoAccountantsReport 2022-08-01 2023-07-31 12743911 frs-bus:SmallCompaniesRegimeForAccounts 2022-08-01 2023-07-31 12743911 frs-bus:Director1 2022-08-01 2023-07-31 12743911 frs-countries:EnglandWales 2022-08-01 2023-07-31 12743911 2021-07-31 12743911 2022-07-31 12743911 2021-08-01 2022-07-31 12743911 frs-core:CurrentFinancialInstruments 2022-07-31 12743911 frs-core:Non-currentFinancialInstruments 2022-07-31 12743911 frs-core:ShareCapital 2022-07-31 12743911 frs-core:RetainedEarningsAccumulatedLosses 2022-07-31
Registered number: 12743911
ASH CHASE GLOBAL LTD
Unaudited Financial Statements
For The Year Ended 31 July 2023
KPY PHILLIPS YOUNG LLP
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 12743911
2023 2022
Notes £ £ £ £
CURRENT ASSETS
Stocks 4 945,000 945,000
Debtors 5 17,509 16,510
Cash at bank and in hand 54,821 166,059
1,017,330 1,127,569
Creditors: Amounts Falling Due Within One Year 6 (46,237 ) (35,827 )
NET CURRENT ASSETS (LIABILITIES) 971,093 1,091,742
TOTAL ASSETS LESS CURRENT LIABILITIES 971,093 1,091,742
Creditors: Amounts Falling Due After More Than One Year 7 (1,118,409 ) (1,151,829 )
NET LIABILITIES (147,316 ) (60,087 )
CAPITAL AND RESERVES
Called up share capital 8 1,000 1,000
Profit and Loss Account (148,316 ) (61,087 )
SHAREHOLDERS' FUNDS (147,316) (60,087)
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 her 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 Yujin Lee
Director
15/04/2024
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
ASH CHASE GLOBAL LTD is a private company, limited by shares, incorporated in England & Wales, registered number 12743911 . The registered office is 13 Approach Road, Raynes Park, Lodnon, SW20 8BA.
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. 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. Stocks
2023 2022
£ £
Finished goods 945,000 945,000
5. Debtors
2023 2022
£ £
Due within one year
Prepayments and accrued income 16,016 15,951
Other debtors 1,493 559
17,509 16,510
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 4,039 (1,982 )
Other creditors 33,421 32,370
Accruals and deferred income 4,371 1,283
Director's loan account 4,406 4,156
46,237 35,827
7. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Other creditors 1,118,409 1,151,829
1,118,409 1,151,829
Page 3
Page 4
8. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 1,000 1,000
Page 4