Acorah Software Products - Accounts Production 14.5.601 false true 31 August 2023 1 September 2022 false 1 September 2023 31 March 2024 31 March 2024 13546637 Mr Andrea Bonaceto iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13546637 2023-08-31 13546637 2024-03-31 13546637 2023-09-01 2024-03-31 13546637 frs-core:ComputerEquipment 2024-03-31 13546637 frs-core:ComputerEquipment 2023-09-01 2024-03-31 13546637 frs-core:ComputerEquipment 2023-08-31 13546637 frs-core:ShareCapital 2024-03-31 13546637 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 13546637 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-03-31 13546637 frs-bus:FilletedAccounts 2023-09-01 2024-03-31 13546637 frs-bus:SmallEntities 2023-09-01 2024-03-31 13546637 frs-bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-03-31 13546637 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-03-31 13546637 frs-core:UnlistedNon-exchangeTraded 2024-03-31 13546637 frs-core:UnlistedNon-exchangeTraded 2023-08-31 13546637 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-08-31 13546637 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-03-31 13546637 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-08-31 13546637 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-03-31 13546637 frs-bus:Director1 2023-09-01 2024-03-31 13546637 frs-countries:EnglandWales 2023-09-01 2024-03-31 13546637 2022-08-31 13546637 2023-08-31 13546637 2022-09-01 2023-08-31 13546637 frs-core:CurrentFinancialInstruments 2023-08-31 13546637 frs-core:ShareCapital 2023-08-31 13546637 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31
Registered number: 13546637
Ab33 Ltd
Unaudited Financial Statements
For the Period 1 September 2023 to 31 March 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 13546637
31 March 2024 31 August 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 3,097 8,175
Investments 5 922,670 922,670
925,767 930,845
CURRENT ASSETS
Debtors 6 - 1,305
Cash at bank and in hand 2,884 130,127
2,884 131,432
Creditors: Amounts Falling Due Within One Year 7 (608,030 ) (729,253 )
NET CURRENT ASSETS (LIABILITIES) (605,146 ) (597,821 )
TOTAL ASSETS LESS CURRENT LIABILITIES 320,621 333,024
NET ASSETS 320,621 333,024
CAPITAL AND RESERVES
Called up share capital 8 1 1
Profit and Loss Account 320,620 333,023
SHAREHOLDERS' FUNDS 320,621 333,024
Page 1
Page 2
For the period ending 31 March 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 Andrea Bonaceto
Director
18 April 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
Ab33 Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13546637 . The registered office is 85 Great Portland Street, First Floor, London, W1W 7LT.
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:
Computer Equipment 3 years straight line
2.4. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
3. Average Number of Employees
Average number of employees, including directors, during the period was: NIL (2023: NIL)
- -
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 September 2023 15,234
As at 31 March 2024 15,234
Depreciation
As at 1 September 2023 7,059
Provided during the period 5,078
As at 31 March 2024 12,137
Net Book Value
As at 31 March 2024 3,097
As at 1 September 2023 8,175
Page 3
Page 4
5. Investments
Unlisted
£
Cost
As at 1 September 2023 922,670
As at 31 March 2024 922,670
Provision
As at 1 September 2023 -
As at 31 March 2024 -
Net Book Value
As at 31 March 2024 922,670
As at 1 September 2023 922,670
6. Debtors
31 March 2024 31 August 2023
£ £
Due within one year
Other debtors - 1,305
7. Creditors: Amounts Falling Due Within One Year
31 March 2024 31 August 2023
£ £
Other creditors 608,030 709,836
Taxation and social security - 19,417
608,030 729,253
8. Share Capital
31 March 2024 31 August 2023
£ £
Allotted, Called up and fully paid 1 1
Page 4