Acorah Software Products - Accounts Production 14.5.601 false true 31 March 2022 11 March 2021 false 1 April 2022 30 June 2023 30 June 2023 13260632 Mr Bruno Besa iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13260632 2022-03-31 13260632 2023-06-30 13260632 2022-04-01 2023-06-30 13260632 frs-core:CurrentFinancialInstruments 2023-06-30 13260632 frs-core:ShareCapital 2023-06-30 13260632 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30 13260632 frs-bus:PrivateLimitedCompanyLtd 2022-04-01 2023-06-30 13260632 frs-bus:FilletedAccounts 2022-04-01 2023-06-30 13260632 frs-bus:SmallEntities 2022-04-01 2023-06-30 13260632 frs-bus:AuditExempt-NoAccountantsReport 2022-04-01 2023-06-30 13260632 frs-bus:SmallCompaniesRegimeForAccounts 2022-04-01 2023-06-30 13260632 frs-bus:Director1 2022-04-01 2023-06-30 13260632 frs-countries:EnglandWales 2022-04-01 2023-06-30 13260632 2021-03-10 13260632 2022-03-31 13260632 2021-03-11 2022-03-31 13260632 frs-core:CurrentFinancialInstruments 2022-03-31 13260632 frs-core:ShareCapital 2022-03-31 13260632 frs-core:RetainedEarningsAccumulatedLosses 2022-03-31 13260632 frs-core:CurrentFinancialInstruments 1 2022-03-31
Registered number: 13260632
Sociovino Ltd
Unaudited Financial Statements
For the Period 1 April 2022 to 30 June 2023
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 13260632
30 June 2023 31 March 2022
Notes £ £ £ £
CURRENT ASSETS
Stocks 4 - 2,193
Debtors 5 25,034 2,436
Cash at bank and in hand 1,751 2,526
26,785 7,155
Creditors: Amounts Falling Due Within One Year 6 (26,244 ) (31,730 )
NET CURRENT ASSETS (LIABILITIES) 541 (24,575 )
TOTAL ASSETS LESS CURRENT LIABILITIES 541 (24,575 )
NET ASSETS/(LIABILITIES) 541 (24,575 )
CAPITAL AND RESERVES
Called up share capital 7 1,000 1,000
Profit and Loss Account (459 ) (25,575 )
SHAREHOLDERS' FUNDS 541 (24,575)
For the period ending 30 June 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 Bruno Besa
Director
29/03/2024
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Sociovino Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13260632 . The registered office is Unit 7 Falcon Business Centre, 14 Wandle Way, Mitcham, CR4 4FG.
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. 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 (2022: NIL)
- -
4. Stocks
30 June 2023 31 March 2022
£ £
Stock - 2,193
5. Debtors
30 June 2023 31 March 2022
£ £
Due within one year
Prepayments and accrued income 25,034 1,489
Other debtors - 291
Other debtors (1) - 656
25,034 2,436
Page 2
Page 3
6. Creditors: Amounts Falling Due Within One Year
30 June 2023 31 March 2022
£ £
Trade creditors 25,712 31,447
VAT 532 -
Other creditors - 283
26,244 31,730
7. Share Capital
30 June 2023 31 March 2022
£ £
Allotted, Called up and fully paid 1,000 1,000
8. Related Party Transactions
During the year the company bought services from Astrum Wine Cellars Ltd of £39,198 (2022:£82,701. At the year end the company owed Astrum Wine Cellars Ltd £25,197 (2022: £29,952). The companies are related by virtue of being under common control.
Page 3