Acorah Software Products - Accounts Production 14.5.601 false true 31 March 2022 1 April 2021 false 1 April 2022 31 March 2023 31 March 2023 11891632 Mr Perly-May Opare Mr Perly-May Opare iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11891632 2022-03-31 11891632 2023-03-31 11891632 2022-04-01 2023-03-31 11891632 frs-core:CurrentFinancialInstruments 2023-03-31 11891632 frs-core:PlantMachinery 2023-03-31 11891632 frs-core:PlantMachinery 2022-04-01 2023-03-31 11891632 frs-core:PlantMachinery 2022-03-31 11891632 frs-core:ShareCapital 2023-03-31 11891632 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31 11891632 frs-bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 11891632 frs-bus:FilletedAccounts 2022-04-01 2023-03-31 11891632 frs-bus:SmallEntities 2022-04-01 2023-03-31 11891632 frs-bus:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 11891632 frs-bus:SmallCompaniesRegimeForAccounts 2022-04-01 2023-03-31 11891632 frs-bus:Director1 2022-04-01 2023-03-31 11891632 frs-bus:Director2 2022-04-01 2023-03-31 11891632 frs-countries:EnglandWales 2022-04-01 2023-03-31 11891632 2021-03-31 11891632 2022-03-31 11891632 2021-04-01 2022-03-31 11891632 frs-core:CurrentFinancialInstruments 2022-03-31 11891632 frs-core:ShareCapital 2022-03-31 11891632 frs-core:RetainedEarningsAccumulatedLosses 2022-03-31
Registered number: 11891632
Shea Goodness Limited
Unaudited Financial Statements
For The Year Ended 31 March 2023
JP Accountancy and Taxation Solutions Ltd
Phoenix House
Phoenix Business Centre
Rosslyn Crescent, Harrow
Middlesex
HA1 2SP
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 11891632
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 244 325
244 325
CURRENT ASSETS
Cash at bank and in hand 1,788 8,514
1,788 8,514
Creditors: Amounts Falling Due Within One Year 5 (18,148 ) (20,370 )
NET CURRENT ASSETS (LIABILITIES) (16,360 ) (11,856 )
TOTAL ASSETS LESS CURRENT LIABILITIES (16,116 ) (11,531 )
NET LIABILITIES (16,116 ) (11,531 )
CAPITAL AND RESERVES
Called up share capital 6 100 100
Profit and Loss Account (16,216 ) (11,631 )
SHAREHOLDERS' FUNDS (16,116) (11,531)
Page 1
Page 2
For the year ending 31 March 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 Perly-May Opare
Director
31/07/2024
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
Shea Goodness Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11891632 . The registered office is 19 Winsbeach, London, United Kingdom, E17 3RQ.
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:
Plant & Machinery 25%
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2022: 1)
1 1
4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 April 2022 406
As at 31 March 2023 406
Depreciation
As at 1 April 2022 81
Provided during the period 81
As at 31 March 2023 162
Net Book Value
As at 31 March 2023 244
As at 1 April 2022 325
Page 3
Page 4
5. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors (2 ) -
Bank loans and overdrafts 433 433
Other creditors 17,717 19,937
18,148 20,370
6. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
Page 4