Acorah Software Products - Accounts Production 14.5.601 false true 31 July 2022 1 August 2021 false true No description of principal activity 1 August 2022 31 July 2023 31 July 2023 07318217 Mr E Kola iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07318217 2022-07-31 07318217 2023-07-31 07318217 2022-08-01 2023-07-31 07318217 frs-core:CurrentFinancialInstruments 2023-07-31 07318217 frs-core:Non-currentFinancialInstruments 2023-07-31 07318217 frs-bus:PrivateLimitedCompanyLtd 2022-08-01 2023-07-31 07318217 frs-bus:FilletedAccounts 2022-08-01 2023-07-31 07318217 frs-bus:Micro-entities 2022-08-01 2023-07-31 07318217 frs-bus:AuditExempt-NoAccountantsReport 2022-08-01 2023-07-31 07318217 frs-bus:Director1 2022-08-01 2023-07-31 07318217 2021-07-31 07318217 2022-07-31 07318217 2021-08-01 2022-07-31 07318217 frs-core:CurrentFinancialInstruments 2022-07-31 07318217 frs-core:Non-currentFinancialInstruments 2022-07-31
Registered number: 07318217
21St Arc Limited
Unaudited Financial Statements
For The Year Ended 31 July 2023
LAS Accountants LLP
Statement of Financial Position
Registered number: 07318217
2023 2022
£ £
Current assets 124,276 97,354
Creditors: Amounts Falling Due Within One Year (21,680 ) (11,184 )
NET CURRENT ASSETS 102,596 86,170
TOTAL ASSETS LESS CURRENT LIABILITIES 102,596 86,170
Creditors: Amounts Falling After More Than One Year (24,111 ) (34,022 )
Accruals and deferred income (720 ) (551 )
NET ASSETS 77,765 51,597
CAPITAL AND RESERVES 77,765 51,597

Notes

1. General Information
21St Arc Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07318217 . The registered office is 7 Pembury Close, Coulsdon, Surrey, CR5 2QX.
2. Average Number of Employees
Average number of employees, including directors, during the year was:
2023 2022
Office and administration 1 1
1 1
3. Government Grant
Government grants are recognised in the income statement in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.
Grants for immediate financial support or to cover costs already incurred are recognised immediately in the income statement. Grants towards general activities of the entity over a specific period are recognised in the income statement over that period.
Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the income statement over the useful life of the asset concerned.
All grants in the income statement are recognised when all conditions for receipt have been complied with.
Government Assistance
The company has received assistance in the form of a government backed loan (including Coronavirus Business Interruption Loan Scheme (CBILS), Coronavirus Large Business Interruption Loan Scheme (CLBILS), Bounce Back Loan Scheme (BBLS) and Future Fund Scheme) of which the outstanding balance as at the year end  was £34,022. This is reported within the current and long term liabilities of the balance sheet based on the allocation of payments due within 12 months (£9,911) and greater than 12 months (£24,111).
Related Party Transactions
As at the year end the Directors loan account balance is £2,579, this is a current liability, is interest free and repayable on demand.
Page 0
Page 1
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 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 in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies' regime.
On behalf of the board
Mr E Kola
Director
17/04/2024