Acorah Software Products - Accounts Production 15.0.400 false true 31 October 2022 1 November 2021 false 1 November 2022 31 October 2023 31 October 2023 13969072 Mr A Baggett Dr N G Cutland iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13969072 2022-10-31 13969072 2023-10-31 13969072 2022-11-01 2023-10-31 13969072 frs-core:CurrentFinancialInstruments 2023-10-31 13969072 frs-core:ShareCapital 2023-10-31 13969072 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31 13969072 frs-bus:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 13969072 frs-bus:FilletedAccounts 2022-11-01 2023-10-31 13969072 frs-bus:SmallEntities 2022-11-01 2023-10-31 13969072 frs-bus:AuditExempt-NoAccountantsReport 2022-11-01 2023-10-31 13969072 frs-bus:SmallCompaniesRegimeForAccounts 2022-11-01 2023-10-31 13969072 frs-bus:Director1 2022-11-01 2023-10-31 13969072 frs-bus:Director2 2022-11-01 2023-10-31 13969072 frs-countries:EnglandWales 2022-11-01 2023-10-31 13969072 2021-10-31 13969072 2022-10-31 13969072 2021-11-01 2022-10-31 13969072 frs-core:CurrentFinancialInstruments 2022-10-31 13969072 frs-core:ShareCapital 2022-10-31 13969072 frs-core:RetainedEarningsAccumulatedLosses 2022-10-31
Registered number: 13969072
Sava Analytics Limited
Unaudited Financial Statements
For The Year Ended 31 October 2023
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2
Page 1
Balance Sheet
Registered number: 13969072
2023 2022
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 81,200 185,880
Cash at bank and in hand 64,623 -
145,823 185,880
Creditors: Amounts Falling Due Within One Year 5 (132,643 ) (143,483 )
NET CURRENT ASSETS (LIABILITIES) 13,180 42,397
TOTAL ASSETS LESS CURRENT LIABILITIES 13,180 42,397
NET ASSETS 13,180 42,397
CAPITAL AND RESERVES
Called up share capital 6 100 100
Profit and Loss Account 13,080 42,297
SHAREHOLDERS' FUNDS 13,180 42,397
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 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 A Baggett
Director
24 July 2024
The notes on page 2 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Sava Analytics Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13969072 . The registered office is 4 Mill Square, Feathersone Road, Milton Keynes, MK12 5ZD.
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2022: 3)
4 3
4. Debtors
2023 2022
£ £
Due within one year
Trade debtors 80,246 172,937
Amounts owed by group undertakings 299 12,650
Other debtors 655 293
81,200 185,880
5. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 16,314 98,027
Amounts owed to group undertakings 38,434 -
Other creditors 56,970 19,947
Taxation and social security 20,925 25,509
132,643 143,483
6. Share Capital
2023 2022
£ £
Called Up Share Capital not Paid 20 20
Called Up Share Capital has been paid up 80 80
Amount of Allotted, Called Up Share Capital 100 100
Page 2