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 12279298 Patrick Scally iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12279298 2022-10-31 12279298 2023-10-31 12279298 2022-11-01 2023-10-31 12279298 frs-core:CurrentFinancialInstruments 2023-10-31 12279298 frs-core:FurnitureFittings 2023-10-31 12279298 frs-core:FurnitureFittings 2022-11-01 2023-10-31 12279298 frs-core:FurnitureFittings 2022-10-31 12279298 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-10-31 12279298 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2022-11-01 2023-10-31 12279298 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2022-10-31 12279298 frs-core:PlantMachinery 2023-10-31 12279298 frs-core:PlantMachinery 2022-11-01 2023-10-31 12279298 frs-core:PlantMachinery 2022-10-31 12279298 frs-core:ShareCapital 2023-10-31 12279298 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31 12279298 frs-bus:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 12279298 frs-bus:FilletedAccounts 2022-11-01 2023-10-31 12279298 frs-bus:SmallEntities 2022-11-01 2023-10-31 12279298 frs-bus:AuditExempt-NoAccountantsReport 2022-11-01 2023-10-31 12279298 frs-bus:SmallCompaniesRegimeForAccounts 2022-11-01 2023-10-31 12279298 frs-bus:Director1 2022-11-01 2023-10-31 12279298 frs-countries:EnglandWales 2022-11-01 2023-10-31 12279298 2021-10-31 12279298 2022-10-31 12279298 2021-11-01 2022-10-31 12279298 frs-core:CurrentFinancialInstruments 2022-10-31 12279298 frs-core:ShareCapital 2022-10-31 12279298 frs-core:RetainedEarningsAccumulatedLosses 2022-10-31
Registered number: 12279298
Undone 470 Ltd
Financial Statements
For The Year Ended 31 October 2023
Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 12279298
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 39,082 41,061
39,082 41,061
CURRENT ASSETS
Stocks 5 9,855 7,855
Cash at bank and in hand 1,174 923
11,029 8,778
Creditors: Amounts Falling Due Within One Year 6 (71,097 ) (67,696 )
NET CURRENT ASSETS (LIABILITIES) (60,068 ) (58,918 )
TOTAL ASSETS LESS CURRENT LIABILITIES (20,986 ) (17,857 )
NET LIABILITIES (20,986 ) (17,857 )
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account (21,086 ) (17,957 )
SHAREHOLDERS' FUNDS (20,986) (17,857)
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
Patrick Scally
Director
16 July 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
Undone 470 Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12279298 . The registered office is 470 Didsbury Road, Stockport, Cheshire, SK4 3BS.
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:
Freehold 0%
Plant & Machinery 10% Straight Line
Fixtures & Fittings 10% Straight Line
2.4. 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 year was: 4 (2022: 6)
4 6
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 November 2022 24,237 12,117 7,681 44,035
As at 31 October 2023 24,237 12,117 7,681 44,035
Depreciation
As at 1 November 2022 - 2,488 486 2,974
Provided during the period - 1,211 768 1,979
As at 31 October 2023 - 3,699 1,254 4,953
...CONTINUED
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Page 4
Net Book Value
As at 31 October 2023 24,237 8,418 6,427 39,082
As at 1 November 2022 24,237 9,629 7,195 41,061
5. Stocks
2023 2022
£ £
Stock 2,000 -
Materials 7,855 7,855
9,855 7,855
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 1 357
Corporation tax (3 ) (3 )
Other taxes and social security 2,250 522
VAT - 1,007
Director's loan account 68,849 65,813
71,097 67,696
7. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
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