Acorah Software Products - Accounts Production 15.0.400 false true 30 September 2022 1 October 2021 false 1 October 2022 30 September 2023 30 September 2023 07789090 Mr Batra, Mr Savinder iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07789090 2022-09-30 07789090 2023-09-30 07789090 2022-10-01 2023-09-30 07789090 frs-core:CurrentFinancialInstruments 2023-09-30 07789090 frs-core:ShareCapital 2023-09-30 07789090 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30 07789090 frs-bus:PrivateLimitedCompanyLtd 2022-10-01 2023-09-30 07789090 frs-bus:FilletedAccounts 2022-10-01 2023-09-30 07789090 frs-bus:SmallEntities 2022-10-01 2023-09-30 07789090 frs-bus:AuditExempt-NoAccountantsReport 2022-10-01 2023-09-30 07789090 frs-bus:SmallCompaniesRegimeForAccounts 2022-10-01 2023-09-30 07789090 frs-bus:Director1 2022-10-01 2023-09-30 07789090 frs-countries:EnglandWales 2022-10-01 2023-09-30 07789090 2021-09-30 07789090 2022-09-30 07789090 2021-10-01 2022-09-30 07789090 frs-core:CurrentFinancialInstruments 2022-09-30 07789090 frs-core:ShareCapital 2022-09-30 07789090 frs-core:RetainedEarningsAccumulatedLosses 2022-09-30
Registered number: 07789090
Letting One Ltd
Financial Statements
For The Year Ended 30 September 2023
SAWHNEY CONSULTING
C/O Sawhney Consulting Limited
429 - 433 Pinner Road
Harrow
HA1 4HN
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2
Page 1
Balance Sheet
Registered number: 07789090
2023 2022
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 181,370 130,277
Cash at bank and in hand 230,660 176,893
412,030 307,170
Creditors: Amounts Falling Due Within One Year 5 (123,159 ) (34,976 )
NET CURRENT ASSETS (LIABILITIES) 288,871 272,194
TOTAL ASSETS LESS CURRENT LIABILITIES 288,871 272,194
NET ASSETS 288,871 272,194
CAPITAL AND RESERVES
Called up share capital 2 2
Profit and Loss Account 288,869 272,192
SHAREHOLDERS' FUNDS 288,871 272,194
For the year ending 30 September 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 Batra, Mr Savinder
Director
30 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
Letting One Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 07789090 . The registered office is C/O Sawhney Consulting Limited, 429 - 433 Pinner Road, Harrow, HA1 4HN.
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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
2.3. Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2022: 2)
2 2
4. Debtors
2023 2022
£ £
Due within one year
Other debtors 181,370 130,277
5. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 340 -
Other creditors 104,190 6,700
Taxation and social security 18,629 28,276
123,159 34,976
Page 2