Acorah Software Products - Accounts Production 14.5.601 false true 30 September 2022 1 October 2021 false 1 October 2022 30 September 2023 30 September 2023 12867164 Mr Mark Fuller Mrs Joy Fuller Mr Matthew Fuller Grosvenor Secretary Limited iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12867164 2022-09-30 12867164 2023-09-30 12867164 2022-10-01 2023-09-30 12867164 frs-core:CurrentFinancialInstruments 2023-09-30 12867164 frs-core:ComputerEquipment 2023-09-30 12867164 frs-core:ComputerEquipment 2022-10-01 2023-09-30 12867164 frs-core:ComputerEquipment 2022-09-30 12867164 frs-core:FurnitureFittings 2023-09-30 12867164 frs-core:FurnitureFittings 2022-10-01 2023-09-30 12867164 frs-core:FurnitureFittings 2022-09-30 12867164 frs-core:PlantMachinery 2023-09-30 12867164 frs-core:PlantMachinery 2022-10-01 2023-09-30 12867164 frs-core:PlantMachinery 2022-09-30 12867164 frs-core:ShareCapital 2023-09-30 12867164 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30 12867164 frs-bus:PrivateLimitedCompanyLtd 2022-10-01 2023-09-30 12867164 frs-bus:FilletedAccounts 2022-10-01 2023-09-30 12867164 frs-bus:SmallEntities 2022-10-01 2023-09-30 12867164 frs-bus:AuditExempt-NoAccountantsReport 2022-10-01 2023-09-30 12867164 frs-bus:SmallCompaniesRegimeForAccounts 2022-10-01 2023-09-30 12867164 frs-bus:Director1 2022-10-01 2023-09-30 12867164 frs-bus:Director2 2022-10-01 2023-09-30 12867164 frs-bus:Director3 2022-10-01 2023-09-30 12867164 frs-bus:CompanySecretary1 2022-10-01 2023-09-30 12867164 frs-core:CurrentFinancialInstruments 1 2023-09-30 12867164 frs-countries:EnglandWales 2022-10-01 2023-09-30 12867164 2021-09-30 12867164 2022-09-30 12867164 2021-10-01 2022-09-30 12867164 frs-core:CurrentFinancialInstruments 2022-09-30 12867164 frs-core:ShareCapital 2022-09-30 12867164 frs-core:RetainedEarningsAccumulatedLosses 2022-09-30 12867164 frs-core:CurrentFinancialInstruments 1 2022-09-30
Registered number: 12867164
Axe Block Management Limited
Unaudited Financial Statements
For The Year Ended 30 September 2023
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 12867164
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 2,280 1,708
2,280 1,708
CURRENT ASSETS
Debtors 5 17,474 10,545
Cash at bank and in hand 218,156 155,216
235,630 165,761
Creditors: Amounts Falling Due Within One Year 6 (252,900 ) (184,849 )
NET CURRENT ASSETS (LIABILITIES) (17,270 ) (19,088 )
TOTAL ASSETS LESS CURRENT LIABILITIES (14,990 ) (17,380 )
NET LIABILITIES (14,990 ) (17,380 )
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account (15,090 ) (17,480 )
SHAREHOLDERS' FUNDS (14,990) (17,380)
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For the year ending 30 September 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 Mark Fuller
Director
10/04/2024
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
Axe Block Management Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12867164 . The registered office is Priestfield Farm Henfield Road, Albourne, Hassocks, BN6 9DE.
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:
Plant & Machinery 20% straight line
Fixtures & Fittings 20% straight line
Computer Equipment 20% straight line
3. Average Number of Employees
Average number of employees, including directors, during the year was: 5 (2022: 5)
5 5
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4. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 October 2022 1,148 170 1,531 2,849
Additions - 1,443 349 1,792
As at 30 September 2023 1,148 1,613 1,880 4,641
Depreciation
As at 1 October 2022 172 356 613 1,141
Provided during the period 172 552 496 1,220
As at 30 September 2023 344 908 1,109 2,361
Net Book Value
As at 30 September 2023 804 705 771 2,280
As at 1 October 2022 976 (186 ) 918 1,708
5. Debtors
2023 2022
£ £
Due within one year
Trade debtors 17,474 10,545
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 195,761 131,061
Other taxes and social security 9,838 9,838
VAT 18,551 12,925
Credit card 1,566 592
Accruals and deferred income 3,805 3,570
Directors' loan accounts 20,592 26,863
Freshfield Commercial 1,000 -
Fullers Commerce LLP 1,787 -
252,900 184,849
7. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
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