Acorah Software Products - Accounts Production 14.5.601 false true 31 March 2022 1 April 2021 false 1 April 2022 31 March 2023 31 March 2023 04111870 Mr Ronald Wheeler Mr Richard Wheeler Mr Richard Wheeler iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04111870 2022-03-31 04111870 2023-03-31 04111870 2022-04-01 2023-03-31 04111870 frs-core:CurrentFinancialInstruments 2023-03-31 04111870 frs-core:ComputerEquipment 2023-03-31 04111870 frs-core:ComputerEquipment 2022-04-01 2023-03-31 04111870 frs-core:ComputerEquipment 2022-03-31 04111870 frs-core:FurnitureFittings 2023-03-31 04111870 frs-core:FurnitureFittings 2022-04-01 2023-03-31 04111870 frs-core:FurnitureFittings 2022-03-31 04111870 frs-core:NetGoodwill 2023-03-31 04111870 frs-core:NetGoodwill 2022-04-01 2023-03-31 04111870 frs-core:NetGoodwill 2022-03-31 04111870 frs-core:MotorVehicles 2023-03-31 04111870 frs-core:MotorVehicles 2022-04-01 2023-03-31 04111870 frs-core:MotorVehicles 2022-03-31 04111870 frs-core:PlantMachinery 2023-03-31 04111870 frs-core:PlantMachinery 2022-04-01 2023-03-31 04111870 frs-core:PlantMachinery 2022-03-31 04111870 frs-core:ShareCapital 2023-03-31 04111870 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31 04111870 frs-bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 04111870 frs-bus:FilletedAccounts 2022-04-01 2023-03-31 04111870 frs-bus:SmallEntities 2022-04-01 2023-03-31 04111870 frs-bus:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 04111870 frs-bus:SmallCompaniesRegimeForAccounts 2022-04-01 2023-03-31 04111870 frs-bus:Director1 2022-04-01 2023-03-31 04111870 frs-bus:Director2 2022-04-01 2023-03-31 04111870 frs-bus:CompanySecretary1 2022-04-01 2023-03-31 04111870 frs-countries:EnglandWales 2022-04-01 2023-03-31 04111870 2021-03-31 04111870 2022-03-31 04111870 2021-04-01 2022-03-31 04111870 frs-core:CurrentFinancialInstruments 2022-03-31 04111870 frs-core:ShareCapital 2022-03-31 04111870 frs-core:RetainedEarningsAccumulatedLosses 2022-03-31
Registered number: 04111870
All You Need Limited
Unaudited Financial Statements
For The Year Ended 31 March 2023
Bruce Allen LLP
Ground floor Suite
Crown House , 40 North Street
Hornchurch
Essex
RM11 1EW
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 04111870
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 69,723 93,314
69,723 93,314
CURRENT ASSETS
Debtors 6 86,470 113,312
86,470 113,312
Creditors: Amounts Falling Due Within One Year 7 (69,817 ) (92,560 )
NET CURRENT ASSETS (LIABILITIES) 16,653 20,752
TOTAL ASSETS LESS CURRENT LIABILITIES 86,376 114,066
NET ASSETS 86,376 114,066
CAPITAL AND RESERVES
Called up share capital 8 160,000 160,000
Profit and Loss Account (73,624 ) (45,934 )
SHAREHOLDERS' FUNDS 86,376 114,066
For the year ending 31 March 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 Richard Wheeler
Director
19th April 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
All You Need Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04111870 . The registered office is Bruce Allen Llp Ground Floor Suite Crown House, 40 North Street, Hornchurch, RM11 1EW.
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. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 20 years.
2.4. 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 15% on reducing balance
Motor Vehicles 25% on reducing balance
Fixtures & Fittings 15% on reducing balance
Computer Equipment 15% on reducing balance
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2022: 2)
2 2
4. Intangible Assets
Goodwill
£
Cost
As at 1 April 2022 52,997
As at 31 March 2023 52,997
Amortisation
As at 1 April 2022 52,997
As at 31 March 2023 52,997
Page 2
Page 3
5. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 April 2022 181 1,092,333 3,165 7,309 1,102,988
As at 31 March 2023 181 1,092,333 3,165 7,309 1,102,988
Depreciation
As at 1 April 2022 175 999,370 3,052 7,077 1,009,674
Provided during the period 6 23,240 113 232 23,591
As at 31 March 2023 181 1,022,610 3,165 7,309 1,033,265
Net Book Value
As at 31 March 2023 - 69,723 - - 69,723
As at 1 April 2022 6 92,963 113 232 93,314
6. Debtors
2023 2022
£ £
Due within one year
VAT 3,960 3,960
Directors' loan accounts 82,510 109,352
86,470 113,312
7. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors (1 ) (1 )
Bank loans and overdrafts 49,751 71,591
Corporation tax 7,839 7,839
Accruals and deferred income 3,600 3,600
Amounts owed to associates 8,628 7,368
Amounts owed to other participating interests - 2,163
69,817 92,560
8. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 160,000 160,000
Page 3