Acorah Software Products - Accounts Production 14.5.601 false true false 15 September 2022 30 September 2023 30 September 2023 14358215 Mr MARK CHAMBERLAIN iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14358215 2022-09-14 14358215 2023-09-30 14358215 2022-09-15 2023-09-30 14358215 frs-core:CurrentFinancialInstruments 2023-09-30 14358215 frs-core:Non-currentFinancialInstruments 2023-09-30 14358215 frs-core:BetweenOneFiveYears 2023-09-30 14358215 frs-core:MotorVehicles 2023-09-30 14358215 frs-core:MotorVehicles 2022-09-15 2023-09-30 14358215 frs-core:MotorVehicles 2022-09-14 14358215 frs-core:PlantMachinery 2023-09-30 14358215 frs-core:PlantMachinery 2022-09-15 2023-09-30 14358215 frs-core:PlantMachinery 2022-09-14 14358215 frs-core:WithinOneYear 2023-09-30 14358215 frs-core:ShareCapital 2023-09-30 14358215 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30 14358215 frs-bus:PrivateLimitedCompanyLtd 2022-09-15 2023-09-30 14358215 frs-bus:FilletedAccounts 2022-09-15 2023-09-30 14358215 frs-bus:SmallEntities 2022-09-15 2023-09-30 14358215 frs-bus:AuditExempt-NoAccountantsReport 2022-09-15 2023-09-30 14358215 frs-bus:SmallCompaniesRegimeForAccounts 2022-09-15 2023-09-30 14358215 frs-bus:Director1 2022-09-15 2023-09-30 14358215 frs-countries:EnglandWales 2022-09-15 2023-09-30
Registered number: 14358215
Armor Vision (UK) Limited
Unaudited Financial Statements
For the Period 15 September 2022 to 30 September 2023
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 14358215
30 September 2023
Notes £ £
FIXED ASSETS
Tangible Assets 4 48,026
48,026
CURRENT ASSETS
Stocks 5 30,964
Debtors 6 40,615
Cash at bank and in hand 11,819
83,398
Creditors: Amounts Falling Due Within One Year 7 (91,401 )
NET CURRENT ASSETS (LIABILITIES) (8,003 )
TOTAL ASSETS LESS CURRENT LIABILITIES 40,023
Creditors: Amounts Falling Due After More Than One Year 8 (7,479 )
NET ASSETS 32,544
CAPITAL AND RESERVES
Called up share capital 10 100
Profit and Loss Account 32,444
SHAREHOLDERS' FUNDS 32,544
Page 1
Page 2
For the period ending 30 September 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 MARK CHAMBERLAIN
Director
05/04/2024
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Armor Vision (UK) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 14358215 . The registered office is 27 Old Gloucester Street, London, WC1N 3AX.
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 33% straight line
Motor Vehicles 20% Straight line
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the period was: NIL
-
Page 3
Page 4
4. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 15 September 2022 - - -
Additions 1,888 47,917 49,805
As at 30 September 2023 1,888 47,917 49,805
Depreciation
As at 15 September 2022 - - -
Provided during the period 210 1,569 1,779
As at 30 September 2023 210 1,569 1,779
Net Book Value
As at 30 September 2023 1,678 46,348 48,026
As at 15 September 2022 - - -
5. Stocks
30 September 2023
£
Stock 30,964
6. Debtors
30 September 2023
£
Due within one year
Trade debtors 6,764
Other debtors 33,851
40,615
7. Creditors: Amounts Falling Due Within One Year
30 September 2023
£
Net obligations under finance lease and hire purchase contracts 3,612
Trade creditors 21,283
Other creditors 66,506
91,401
Page 4
Page 5
8. Creditors: Amounts Falling Due After More Than One Year
30 September 2023
£
Net obligations under finance lease and hire purchase contracts 7,479
9. Obligations Under Finance Leases and Hire Purchase
30 September 2023
£
The future minimum finance lease payments are as follows:
Not later than one year 3,612
Later than one year and not later than five years 7,479
11,091
11,091
10. Share Capital
30 September 2023
£
Allotted, Called up and fully paid 100
11. Related Party Transactions
Included in creditors is a loan from Brook Farm Racing Limited. The balance at year end is £46,329. The loan is unsecured, interest free and repayable on demand.
Brook Farm Racing LimitedShareholder

Brook Farm Racing Limited

Shareholder

Page 5