Acorah Software Products - Accounts Production 14.5.601 false true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 08258850 Mr David Monty Mr Anthony Poole iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08258850 2022-12-31 08258850 2023-12-31 08258850 2023-01-01 2023-12-31 08258850 frs-core:CurrentFinancialInstruments 2023-12-31 08258850 frs-core:ComputerEquipment 2023-12-31 08258850 frs-core:ComputerEquipment 2023-01-01 2023-12-31 08258850 frs-core:ComputerEquipment 2022-12-31 08258850 frs-core:ShareCapital 2023-12-31 08258850 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 08258850 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 08258850 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 08258850 frs-bus:SmallEntities 2023-01-01 2023-12-31 08258850 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 08258850 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 08258850 frs-bus:Director1 2023-01-01 2023-12-31 08258850 frs-bus:Director2 2023-01-01 2023-12-31 08258850 frs-countries:EnglandWales 2023-01-01 2023-12-31 08258850 2021-12-31 08258850 2022-12-31 08258850 2022-01-01 2022-12-31 08258850 frs-core:CurrentFinancialInstruments 2022-12-31 08258850 frs-core:ShareCapital 2022-12-31 08258850 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 08258850
Affinity Money Limited
Unaudited Financial Statements
For The Year Ended 31 December 2023
JJ Accountancy Ltd
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 08258850
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 - 321
- 321
CURRENT ASSETS
Debtors 5 8,780 8,780
Cash at bank and in hand 50,301 47,803
59,081 56,583
Creditors: Amounts Falling Due Within One Year 6 (25,916 ) (25,441 )
NET CURRENT ASSETS (LIABILITIES) 33,165 31,142
TOTAL ASSETS LESS CURRENT LIABILITIES 33,165 31,463
NET ASSETS 33,165 31,463
CAPITAL AND RESERVES
Called up share capital 7 1 1
Profit and Loss Account 33,164 31,462
SHAREHOLDERS' FUNDS 33,165 31,463
Page 1
Page 2
For the year ending 31 December 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 David Monty
Director
22/04/2024
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
Affinity Money Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08258850 . The registered office is International House, 64 Nile Street, London, N1 7SR.
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 4 years, straight line
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2022: NIL)
- -
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 January 2023 3,894
As at 31 December 2023 3,894
Depreciation
As at 1 January 2023 3,573
Provided during the period 321
As at 31 December 2023 3,894
Net Book Value
As at 31 December 2023 -
As at 1 January 2023 321
Page 3
Page 4
5. Debtors
2023 2022
£ £
Due within one year
Trade debtors 8,780 8,780
8,780 8,780
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 25,470 25,334
VAT 123 107
Amounts owed to group undertakings 323 -
25,916 25,441
7. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 1 1
Page 4