Acorah Software Products - Accounts Production 14.5.601 false true 31 July 2022 1 August 2021 false 1 August 2022 31 July 2023 31 July 2023 13526641 Mr David George Ms Magdalena Wasik iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13526641 2022-07-31 13526641 2023-07-31 13526641 2022-08-01 2023-07-31 13526641 frs-core:CurrentFinancialInstruments 2023-07-31 13526641 frs-core:ComputerEquipment 2023-07-31 13526641 frs-core:ComputerEquipment 2022-08-01 2023-07-31 13526641 frs-core:ComputerEquipment 2022-07-31 13526641 frs-core:MotorVehicles 2023-07-31 13526641 frs-core:MotorVehicles 2022-08-01 2023-07-31 13526641 frs-core:MotorVehicles 2022-07-31 13526641 frs-core:ShareCapital 2023-07-31 13526641 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31 13526641 frs-bus:PrivateLimitedCompanyLtd 2022-08-01 2023-07-31 13526641 frs-bus:FilletedAccounts 2022-08-01 2023-07-31 13526641 frs-bus:SmallEntities 2022-08-01 2023-07-31 13526641 frs-bus:AuditExempt-NoAccountantsReport 2022-08-01 2023-07-31 13526641 frs-bus:SmallCompaniesRegimeForAccounts 2022-08-01 2023-07-31 13526641 frs-bus:Director1 2022-08-01 2023-07-31 13526641 frs-bus:Director2 2022-08-01 2023-07-31 13526641 frs-countries:EnglandWales 2022-08-01 2023-07-31 13526641 2021-07-31 13526641 2022-07-31 13526641 2021-08-01 2022-07-31 13526641 frs-core:CurrentFinancialInstruments 2022-07-31 13526641 frs-core:ShareCapital 2022-07-31 13526641 frs-core:RetainedEarningsAccumulatedLosses 2022-07-31
Registered number: 13526641
Magdalena Wasik Architects Ltd
Unaudited Financial Statements
For The Year Ended 31 July 2023
Broadfinch & Co.
Certified Public Accountants
158c Blackstock Road
London
N5 1HA
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 13526641
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 2,897 3,428
2,897 3,428
CURRENT ASSETS
Debtors 5 1,393 150
Cash at bank and in hand 4,908 1,800
6,301 1,950
Creditors: Amounts Falling Due Within One Year 6 (100 ) (249 )
NET CURRENT ASSETS (LIABILITIES) 6,201 1,701
TOTAL ASSETS LESS CURRENT LIABILITIES 9,098 5,129
NET ASSETS 9,098 5,129
CAPITAL AND RESERVES
Called up share capital 7 10 10
Profit and Loss Account 9,088 5,119
SHAREHOLDERS' FUNDS 9,098 5,129
Page 1
Page 2
For the year ending 31 July 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
Ms Magdalena Wasik
Director
15/04/2024
The notes on pages 3 to 4 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
Magdalena Wasik Architects Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13526641 . The registered office is 167-169 Great Portland Street, London, W1W 5PF.
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 25 percent on straight line
Computer Equipment 25 percent on straight line
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2022: 2)
2 2
4. Tangible Assets
Motor Vehicles Computer Equipment Total
£ £ £
Cost
As at 1 August 2022 400 4,171 4,571
Additions - 435 435
As at 31 July 2023 400 4,606 5,006
Depreciation
As at 1 August 2022 100 1,043 1,143
Provided during the period 75 891 966
As at 31 July 2023 175 1,934 2,109
Net Book Value
As at 31 July 2023 225 2,672 2,897
As at 1 August 2022 300 3,128 3,428
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5. Debtors
2023 2022
£ £
Due within one year
Trade debtors 1,393 150
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 100 249
7. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 10 10
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