Acorah Software Products - Accounts Production 14.5.601 false true 31 January 2023 1 February 2022 false 1 February 2023 31 January 2024 31 January 2024 00732713 Mr Trevor Leach Mr Brian McVean Mr Rupert Douglas -James Mr Matthew Jones Mr Max Faulkner Mrs Heather Owen iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 00732713 2023-01-31 00732713 2024-01-31 00732713 2023-02-01 2024-01-31 00732713 frs-core:CurrentFinancialInstruments 2024-01-31 00732713 frs-core:FurnitureFittings 2023-02-01 2024-01-31 00732713 frs-core:ShareCapital 2024-01-31 00732713 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 00732713 frs-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 00732713 frs-bus:FilletedAccounts 2023-02-01 2024-01-31 00732713 frs-bus:SmallEntities 2023-02-01 2024-01-31 00732713 frs-bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 00732713 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 00732713 frs-bus:Director1 2023-02-01 2024-01-31 00732713 frs-bus:Director2 2023-02-01 2024-01-31 00732713 frs-bus:Director3 2023-02-01 2024-01-31 00732713 frs-bus:Director4 2023-02-01 2024-01-31 00732713 frs-bus:Director5 2023-02-01 2024-01-31 00732713 frs-bus:CompanySecretary1 2023-02-01 2024-01-31 00732713 frs-countries:EnglandWales 2023-02-01 2024-01-31 00732713 2022-01-31 00732713 2023-01-31 00732713 2022-02-01 2023-01-31 00732713 frs-core:CurrentFinancialInstruments 2023-01-31 00732713 frs-core:ShareCapital 2023-01-31 00732713 frs-core:RetainedEarningsAccumulatedLosses 2023-01-31
Registered number: 00732713
The Association of Distance Learning Colleges Ltd
Unaudited Financial Statements
For The Year Ended 31 January 2024
Ballantyne & Co
Chartered Accountants & Registered Auditors
60 St. Enoch Square
Glasgow
G1 4AG
Unaudited Financial Statements
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2
Page 1
Balance Sheet
Registered number: 00732713
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 12,258 5,480
Cash at bank and in hand 8,488 21,061
20,746 26,541
Creditors: Amounts Falling Due Within One Year 5 (1,585 ) (2,828 )
NET CURRENT ASSETS (LIABILITIES) 19,161 23,713
TOTAL ASSETS LESS CURRENT LIABILITIES 19,161 23,713
NET ASSETS 19,161 23,713
CAPITAL AND RESERVES
Called up share capital 6 160 160
Profit and Loss Account 19,001 23,553
SHAREHOLDERS' FUNDS 19,161 23,713
For the year ending 31 January 2024 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 Matthew Jones
Director
27 March 2024
The notes on page 2 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
The Association of Distance Learning Colleges Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 00732713 . The registered office is 14 C/O Royal Asiatic Society, Stephenson Way, London, NW1 2HD.
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%
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Debtors
2024 2023
£ £
Due within one year
Trade debtors 12,258 5,480
12,258 5,480
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other taxes and social security 241 610
Accruals and deferred income 1,344 2,218
1,585 2,828
6. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 160 160
Page 2