Acorah Software Products - Accounts Production 14.5.601 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 11888624 Mrs Stella Eyituoyor EYITUOYOR, Stella Misan true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11888624 2023-03-31 11888624 2024-03-31 11888624 2023-04-01 2024-03-31 11888624 frs-core:CurrentFinancialInstruments 2024-03-31 11888624 frs-core:Non-currentFinancialInstruments 2024-03-31 11888624 frs-core:FurnitureFittings 2024-03-31 11888624 frs-core:FurnitureFittings 2023-04-01 2024-03-31 11888624 frs-core:FurnitureFittings 2023-03-31 11888624 frs-core:ShareCapital 2024-03-31 11888624 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 11888624 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 11888624 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 11888624 frs-bus:SmallEntities 2023-04-01 2024-03-31 11888624 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 11888624 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 11888624 1 2023-04-01 2024-03-31 11888624 frs-bus:Director1 2023-04-01 2024-03-31 11888624 frs-countries:EnglandWales 2023-04-01 2024-03-31 11888624 2022-03-31 11888624 2023-03-31 11888624 2022-04-01 2023-03-31 11888624 frs-core:CurrentFinancialInstruments 2023-03-31 11888624 frs-core:Non-currentFinancialInstruments 2023-03-31 11888624 frs-core:ShareCapital 2023-03-31 11888624 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 11888624
Aje 1 Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2024
GA CORPORATE CONSULTING LIMITED
286 Moston Lane
Manchester
M40 9WB
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 11888624
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 - 1,880
- 1,880
CURRENT ASSETS
Investments 5 46,216 20,000
Cash at bank and in hand 20,279 7,215
66,495 27,215
Creditors: Amounts Falling Due Within One Year 6 (7,786 ) (6,000 )
NET CURRENT ASSETS (LIABILITIES) 58,709 21,215
TOTAL ASSETS LESS CURRENT LIABILITIES 58,709 23,095
Creditors: Amounts Falling Due After More Than One Year 7 (43,037 ) (21,375 )
NET ASSETS 15,672 1,720
CAPITAL AND RESERVES
Called up share capital 8 1 1
Profit and Loss Account 15,671 1,719
SHAREHOLDERS' FUNDS 15,672 1,720
Page 1
Page 2
For the year ending 31 March 2024 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 her 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
Mrs Stella Eyituoyor
Director
16th April 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
Aje 1 Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11888624 . The registered office is 19 New Street, Ashford, TN24 8TW.
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. 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.
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 Straight Line Basis - 20%
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2023: 1)
3 1
4. Tangible Assets
Fixtures & Fittings
£
Cost
As at 1 April 2023 9,392
As at 31 March 2024 9,392
Depreciation
As at 1 April 2023 7,512
Provided during the period 1,880
As at 31 March 2024 9,392
Net Book Value
As at 31 March 2024 -
As at 1 April 2023 1,880
5. Current Asset Investments
2024 2023
£ £
Unlisted investments 46,216 20,000
Page 3
Page 4
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other creditors 7,786 6,000
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 43,037 21,375
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
9. Directors Advances, Credits and Guarantees
Dividends paid to directors
2024 2023
£ £
Mrs Stella Eyituoyor 35,000 -
10. Ultimate Controlling Party
The company's ultimate controlling party is EYITUOYOR, Stella Misan by virtue of his ownership of 100% of the issued share capital in the company.
Page 4