Acorah Software Products - Accounts Production 15.0.500 false true 31 October 2022 1 November 2021 false 1 November 2022 31 October 2023 31 October 2023 09258050 Mr Paul Moore iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09258050 2022-10-31 09258050 2023-10-31 09258050 2022-11-01 2023-10-31 09258050 frs-core:CurrentFinancialInstruments 2023-10-31 09258050 frs-core:ComputerEquipment 2023-10-31 09258050 frs-core:ComputerEquipment 2022-11-01 2023-10-31 09258050 frs-core:ComputerEquipment 2022-10-31 09258050 frs-core:PlantMachinery 2023-10-31 09258050 frs-core:PlantMachinery 2022-11-01 2023-10-31 09258050 frs-core:PlantMachinery 2022-10-31 09258050 frs-core:ShareCapital 2023-10-31 09258050 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31 09258050 frs-bus:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 09258050 frs-bus:FilletedAccounts 2022-11-01 2023-10-31 09258050 frs-bus:SmallEntities 2022-11-01 2023-10-31 09258050 frs-bus:AuditExempt-NoAccountantsReport 2022-11-01 2023-10-31 09258050 frs-bus:SmallCompaniesRegimeForAccounts 2022-11-01 2023-10-31 09258050 frs-bus:Director1 2022-11-01 2023-10-31 09258050 frs-countries:EnglandWales 2022-11-01 2023-10-31 09258050 2021-10-31 09258050 2022-10-31 09258050 2021-11-01 2022-10-31 09258050 frs-core:CurrentFinancialInstruments 2022-10-31 09258050 frs-core:ShareCapital 2022-10-31 09258050 frs-core:RetainedEarningsAccumulatedLosses 2022-10-31
Registered number: 09258050
Proficient Ventures Limited
Unaudited Financial Statements
For The Year Ended 31 October 2023
Moore Bennett Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3
Page 1
Balance Sheet
Registered number: 09258050
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 4,360 5,450
4,360 5,450
CURRENT ASSETS
Cash at bank and in hand 2,153 206
2,153 206
Creditors: Amounts Falling Due Within One Year 5 (14,462 ) (9,282 )
NET CURRENT ASSETS (LIABILITIES) (12,309 ) (9,076 )
TOTAL ASSETS LESS CURRENT LIABILITIES (7,949 ) (3,626 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (1,294 ) (1,294 )
NET LIABILITIES (9,243 ) (4,920 )
CAPITAL AND RESERVES
Called up share capital 6 100 100
Profit and Loss Account (9,343 ) (5,020 )
SHAREHOLDERS' FUNDS (9,243) (4,920)
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.
On behalf of the board
Mr Paul Moore
Director
23/07/2024
The notes on page 3 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Proficient Ventures Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09258050 . The registered office is Hotspur House, 15 East Percy Street, North Shields, Tyne And Wear, NE30 1DT.
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. 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 20% Reducing Balance
Computer Equipment 20% Reduing Balance
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2022: NIL)
- -
4. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 1 November 2022 1,358 13,099 14,457
As at 31 October 2023 1,358 13,099 14,457
Depreciation
As at 1 November 2022 634 8,373 9,007
Provided during the period 145 945 1,090
As at 31 October 2023 779 9,318 10,097
Net Book Value
As at 31 October 2023 579 3,781 4,360
As at 1 November 2022 724 4,726 5,450
5. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Accruals 600 684
Director's loan account 13,862 8,598
14,462 9,282
6. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
Page 3