Acorah Software Products - Accounts Production 14.5.601 false true 31 January 2022 1 February 2021 false 1 February 2022 31 January 2023 31 January 2023 09830083 Mrs Bryony O'Hara Mr Eric O'Hara Mrs Bryony O'Hara iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09830083 2022-01-31 09830083 2023-01-31 09830083 2022-02-01 2023-01-31 09830083 frs-core:CurrentFinancialInstruments 2023-01-31 09830083 frs-core:Non-currentFinancialInstruments 2023-01-31 09830083 frs-core:FurnitureFittings 2023-01-31 09830083 frs-core:FurnitureFittings 2022-02-01 2023-01-31 09830083 frs-core:FurnitureFittings 2022-01-31 09830083 frs-core:ShareCapital 2023-01-31 09830083 frs-core:RetainedEarningsAccumulatedLosses 2023-01-31 09830083 frs-bus:PrivateLimitedCompanyLtd 2022-02-01 2023-01-31 09830083 frs-bus:FilletedAccounts 2022-02-01 2023-01-31 09830083 frs-bus:SmallEntities 2022-02-01 2023-01-31 09830083 frs-bus:AuditExempt-NoAccountantsReport 2022-02-01 2023-01-31 09830083 frs-bus:SmallCompaniesRegimeForAccounts 2022-02-01 2023-01-31 09830083 frs-bus:Director1 2022-02-01 2023-01-31 09830083 frs-bus:Director2 2022-02-01 2023-01-31 09830083 frs-bus:CompanySecretary1 2022-02-01 2023-01-31 09830083 frs-countries:EnglandWales 2022-02-01 2023-01-31 09830083 2021-01-31 09830083 2022-01-31 09830083 2021-02-01 2022-01-31 09830083 frs-core:CurrentFinancialInstruments 2022-01-31 09830083 frs-core:Non-currentFinancialInstruments 2022-01-31 09830083 frs-core:ShareCapital 2022-01-31 09830083 frs-core:RetainedEarningsAccumulatedLosses 2022-01-31
Registered number: 09830083
Eric O'Hara Limited
Unaudited Financial Statements
For The Year Ended 31 January 2023
MKL Accountants Limited
Chartered Certified Accountants
Herston Cross House
230 High Street
Swanage
Dorset
BH19 2PQ
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 09830083
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 267 356
267 356
CURRENT ASSETS
Cash at bank and in hand 550 43
550 43
Creditors: Amounts Falling Due Within One Year 6 (67,630 ) (75,269 )
NET CURRENT ASSETS (LIABILITIES) (67,080 ) (75,226 )
TOTAL ASSETS LESS CURRENT LIABILITIES (66,813 ) (74,870 )
Creditors: Amounts Falling Due After More Than One Year 7 (12,495 ) (12,495 )
NET LIABILITIES (79,308 ) (87,365 )
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account (79,408 ) (87,465 )
SHAREHOLDERS' FUNDS (79,308) (87,365)
Page 1
Page 2
For the year ending 31 January 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 Eric O'Hara
Director
11/04/2024
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
Eric O'Hara Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09830083 . The registered office is Herston Cross House, 230 High Street, Swanage, Dorset, BH19 2PQ.
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:
Fixtures & Fittings 25% Reducing Balance Method
2.4. Government Grant
Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.
Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.
Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.
All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2022: 2)
2 2
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4. Tangible Assets
Fixtures & Fittings
£
Cost
As at 1 February 2022 2,000
As at 31 January 2023 2,000
Depreciation
As at 1 February 2022 1,644
Provided during the period 89
As at 31 January 2023 1,733
Net Book Value
As at 31 January 2023 267
As at 1 February 2022 356
5. Debtors
2023 2022
£ £
Due within one year
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 1,357 3,874
PAYE and NIC creditor 629 1,463
Other creditors 1,141 -
Directors' loan accounts 64,503 69,932
67,630 75,269
7. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans 12,495 12,495
12,495 12,495
8. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
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