Acorah Software Products - Accounts Production 14.5.501 false true 28 February 2023 1 March 2022 false 1 March 2023 28 February 2024 28 February 2024 13179525 Dr Liaqat Malik Miss Syeda Misbah Kazmi iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13179525 2023-02-28 13179525 2024-02-28 13179525 2023-03-01 2024-02-28 13179525 frs-core:CurrentFinancialInstruments 2024-02-28 13179525 frs-core:PlantMachinery 2024-02-28 13179525 frs-core:PlantMachinery 2023-03-01 2024-02-28 13179525 frs-core:PlantMachinery 2023-02-28 13179525 frs-core:ShareCapital 2024-02-28 13179525 frs-core:RetainedEarningsAccumulatedLosses 2024-02-28 13179525 frs-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-28 13179525 frs-bus:FilletedAccounts 2023-03-01 2024-02-28 13179525 frs-bus:SmallEntities 2023-03-01 2024-02-28 13179525 frs-bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-28 13179525 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-28 13179525 frs-bus:Director1 2023-03-01 2024-02-28 13179525 frs-bus:Director2 2023-03-01 2024-02-28 13179525 frs-countries:EnglandWales 2023-03-01 2024-02-28 13179525 2022-02-28 13179525 2023-02-28 13179525 2022-03-01 2023-02-28 13179525 frs-core:CurrentFinancialInstruments 2023-02-28 13179525 frs-core:ShareCapital 2023-02-28 13179525 frs-core:RetainedEarningsAccumulatedLosses 2023-02-28
Registered number: 13179525
EASY ECO ENERGY LIMITED
Financial Statements
For The Year Ended 28 February 2024
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 13179525
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 453,141 69,210
453,141 69,210
CURRENT ASSETS
Cash at bank and in hand 74,209 1,665
74,209 1,665
Creditors: Amounts Falling Due Within One Year 5 (1,791 ) (2,903 )
NET CURRENT ASSETS (LIABILITIES) 72,418 (1,238 )
TOTAL ASSETS LESS CURRENT LIABILITIES 525,559 67,972
NET ASSETS 525,559 67,972
CAPITAL AND RESERVES
Called up share capital 6 370,100 310,100
Profit and Loss Account 155,459 (242,128 )
SHAREHOLDERS' FUNDS 525,559 67,972
For the year ending 28 February 2024 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
03/04/2024
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
EASY ECO ENERGY LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 13179525 . The registered office is 109 Cheetham Hill Road, Manchester, M8 8PY.
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:
Plant & Machinery 10%
3. Average Number of Employees
Average number of employees, including directors, during the year was: 12 (2023: 2)
12 2
4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 March 2023 78,461
Additions 427,613
As at 28 February 2024 506,074
Depreciation
As at 1 March 2023 9,251
Provided during the period 43,682
As at 28 February 2024 52,933
Net Book Value
As at 28 February 2024 453,141
As at 1 March 2023 69,210
Page 2
Page 3
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 1,791 2,903
6. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 370,100 310,100
7. Dividends
2024 2023
£ £
On equity shares:
Interim dividend paid 160,000 -
Page 3