Acorah Software Products - Accounts Production 14.5.501 false true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 11600687 Mr Thomas Pearson Mr Thomas Pearson Ms Louise Sharif Mr Scott Casey Ms Louise Sharif iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11600687 2022-12-31 11600687 2023-12-31 11600687 2023-01-01 2023-12-31 11600687 frs-core:CurrentFinancialInstruments 2023-12-31 11600687 frs-core:MotorVehicles 2023-12-31 11600687 frs-core:MotorVehicles 2023-01-01 2023-12-31 11600687 frs-core:MotorVehicles 2022-12-31 11600687 frs-core:ShareCapital 2023-12-31 11600687 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 11600687 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 11600687 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 11600687 frs-bus:SmallEntities 2023-01-01 2023-12-31 11600687 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 11600687 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 11600687 frs-bus:Director1 2023-01-01 2023-12-31 11600687 frs-bus:Director2 2023-01-01 2023-12-31 11600687 frs-bus:Director3 2023-01-01 2023-12-31 11600687 frs-bus:Director4 2023-01-01 2023-12-31 11600687 frs-bus:CompanySecretary1 2023-01-01 2023-12-31 11600687 frs-countries:EnglandWales 2023-01-01 2023-12-31 11600687 2021-12-31 11600687 2022-12-31 11600687 2022-01-01 2022-12-31 11600687 frs-core:CurrentFinancialInstruments 2022-12-31 11600687 frs-core:ShareCapital 2022-12-31 11600687 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 11600687
Nene Electrical Limited
Unaudited Financial Statements
For The Year Ended 31 December 2023
CBTax
17 Grovelands Business Park
West Haddon Road
East Haddon
Northamptonshire
NN6 8FB
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 11600687
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 2,750 -
2,750 -
CURRENT ASSETS
Debtors 5 16,943 7,355
Cash at bank and in hand 458 21
17,401 7,376
Creditors: Amounts Falling Due Within One Year 6 (59,035 ) -
NET CURRENT ASSETS (LIABILITIES) (41,634 ) 7,376
TOTAL ASSETS LESS CURRENT LIABILITIES (38,884 ) 7,376
NET (LIABILITIES)/ASSETS (38,884 ) 7,376
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account (38,984 ) 7,276
SHAREHOLDERS' FUNDS (38,884) 7,376
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 Thomas Pearson
Director
15/04/2024
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
Nene Electrical Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11600687 . The registered office is Nene House, Station Road, Watford Village, Northants, NN6 7XN.
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:
Motor Vehicles 20% straight line
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2022: 4)
3 4
4. Tangible Assets
Motor Vehicles
£
Cost
As at 1 January 2023 -
Additions 3,000
As at 31 December 2023 3,000
Depreciation
As at 1 January 2023 -
Provided during the period 250
As at 31 December 2023 250
Net Book Value
As at 31 December 2023 2,750
As at 1 January 2023 -
Page 3
Page 4
5. Debtors
2023 2022
£ £
Due within one year
Trade debtors 12,562 -
Prepayments and accrued income 2,864 -
VAT 1,517 -
Amounts owed by group undertakings - 7,355
16,943 7,355
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 25,053 -
Corporation tax (2,354 ) -
Other taxes and social security 4,269 -
Accruals and deferred income 2,206 -
Directors' loan accounts 3,000 -
Amounts owed to group undertakings 2,048 -
Amounts owed to parent undertaking 24,813 -
59,035 -
7. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
Page 4