Acorah Software Products - Accounts Production 14.6.300 false true true 31 October 2022 1 November 2021 false 1 November 2022 31 October 2023 31 October 2023 11640865 Mr Kevin Udegbunam iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11640865 2022-10-31 11640865 2023-10-31 11640865 2022-11-01 2023-10-31 11640865 frs-core:Non-currentFinancialInstruments 2023-10-31 11640865 frs-core:ComputerEquipment 2022-11-01 2023-10-31 11640865 frs-core:ShareCapital 2023-10-31 11640865 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31 11640865 frs-bus:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 11640865 frs-bus:AbridgedAccounts 2022-11-01 2023-10-31 11640865 frs-bus:SmallEntities 2022-11-01 2023-10-31 11640865 frs-bus:AuditExempt-NoAccountantsReport 2022-11-01 2023-10-31 11640865 frs-bus:SmallCompaniesRegimeForAccounts 2022-11-01 2023-10-31 11640865 frs-bus:Director1 2022-11-01 2023-10-31 11640865 frs-countries:EnglandWales 2022-11-01 2023-10-31 11640865 2021-10-31 11640865 2022-10-31 11640865 2021-11-01 2022-10-31 11640865 frs-core:Non-currentFinancialInstruments 2022-10-31 11640865 frs-core:ShareCapital 2022-10-31 11640865 frs-core:RetainedEarningsAccumulatedLosses 2022-10-31
Registered number: 11640865
A K Udegbunam Resources Ltd
Unaudited ABRIDGED Financial Statements
For The Year Ended 31 October 2023
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—4
Page 1
Abridged Balance Sheet
Registered number: 11640865
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 366 366
366 366
CURRENT ASSETS
Debtors 5 1,540 1,540
Cash at bank and in hand 401 401
1,941 1,941
Creditors: Amounts Falling Due Within One Year (5,314 ) (5,314 )
NET CURRENT ASSETS (LIABILITIES) (3,373 ) (3,373 )
TOTAL ASSETS LESS CURRENT LIABILITIES (3,007 ) (3,007 )
Creditors: Amounts Falling Due After More Than One Year (4,400 ) (4,400 )
NET LIABILITIES (7,407 ) (7,407 )
CAPITAL AND RESERVES
Called up share capital 6 1 1
Profit and Loss Account (7,408 ) (7,408 )
SHAREHOLDERS' FUNDS (7,407) (7,407)
Page 1
Page 2
For the year ending 31 October 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.
All of the company's members have consented to the preparation of an Abridged Balance Sheet for the year end 31 October 2023 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr Kevin Udegbunam
Director
30/07/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. General Information
A K Udegbunam Resources Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11640865 . The registered office is 96 Whitchurch Lane, Edgware, London, HA8 6QN.
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. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
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:
Computer Equipment 25% on reducing balance
2.4. Financial Instruments
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2022: NIL)
- -
4. Tangible Assets
Total
£
Cost
As at 1 November 2022 868
As at 31 October 2023 868
Depreciation
As at 1 November 2022 502
As at 31 October 2023 502
Net Book Value
As at 31 October 2023 366
As at 1 November 2022 366
5. Debtors
2023 2022
£ £
Due after more than one year
Corporation tax recoverable assets 1,509 1,509
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6. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 1 1
7. Related Party Transactions
At the balance sheet date, the company owed the director £3,139 (2022 - £1,908).
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