Acorah Software Products - Accounts Production 14.5.601 false true 30 April 2022 1 May 2021 false 1 May 2022 30 April 2023 30 April 2023 12547322 Mr M N Howson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12547322 2022-04-30 12547322 2023-04-30 12547322 2022-05-01 2023-04-30 12547322 frs-core:CurrentFinancialInstruments 2023-04-30 12547322 frs-core:ShareCapital 2023-04-30 12547322 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30 12547322 frs-bus:PrivateLimitedCompanyLtd 2022-05-01 2023-04-30 12547322 frs-bus:FilletedAccounts 2022-05-01 2023-04-30 12547322 frs-bus:SmallEntities 2022-05-01 2023-04-30 12547322 frs-bus:AuditExempt-NoAccountantsReport 2022-05-01 2023-04-30 12547322 frs-bus:SmallCompaniesRegimeForAccounts 2022-05-01 2023-04-30 12547322 frs-bus:Director1 2022-05-01 2023-04-30 12547322 frs-countries:EnglandWales 2022-05-01 2023-04-30 12547322 2021-04-30 12547322 2022-04-30 12547322 2021-05-01 2022-04-30 12547322 frs-core:CurrentFinancialInstruments 2022-04-30 12547322 frs-core:ShareCapital 2022-04-30 12547322 frs-core:RetainedEarningsAccumulatedLosses 2022-04-30
Registered number: 12547322
Nucolour Ltd
Financial Statements
For The Year Ended 30 April 2023
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 12547322
2023 2022
Notes £ £ £ £
CURRENT ASSETS
Stocks 4 728 1,203
Cash at bank and in hand 649 6
1,377 1,209
Creditors: Amounts Falling Due Within One Year 5 (1,512 ) (9,823 )
NET CURRENT ASSETS (LIABILITIES) (135 ) (8,614 )
TOTAL ASSETS LESS CURRENT LIABILITIES (135 ) (8,614 )
NET LIABILITIES (135 ) (8,614 )
CAPITAL AND RESERVES
Called up share capital 6 2 2
Profit and Loss Account (137 ) (8,616 )
SHAREHOLDERS' FUNDS (135) (8,614)
For the year ending 30 April 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 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 M N Howson
Director
24 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
Nucolour Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12547322 . The registered office is 550 Valley Road, Basford, Nottingham, NG5 1JJ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
At 30th April 2023, the company had net liabilities of £135. The company is reliant on the continued support of the director. The director has confirmed his intention to support the company for at least twelve months from the date of signing the accounts.
On the above basis, the director considers that the accounts should be prepared on a going concern basis.
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. 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
£ £
Stock 728 1,203
5. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Accruals and deferred income 1,320 660
Director's loan account 192 9,163
1,512 9,823
6. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 2 2
Page 2
Page 3
7. Related Party Transactions
At the balance sheet date, the amount owed to the director through the directors loan account totalled £192 (2022: £9,163).
The directors loan account is unsecured, interest free and repayable on demand.
Page 3