Acorah Software Products - Accounts Production 15.0.500 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 09514263 Mr Darren Hourican true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09514263 2023-03-31 09514263 2024-03-31 09514263 2023-04-01 2024-03-31 09514263 frs-core:CurrentFinancialInstruments 2024-03-31 09514263 frs-core:ComputerEquipment 2024-03-31 09514263 frs-core:ComputerEquipment 2023-04-01 2024-03-31 09514263 frs-core:ComputerEquipment 2023-03-31 09514263 frs-core:MotorVehicles 2024-03-31 09514263 frs-core:MotorVehicles 2023-04-01 2024-03-31 09514263 frs-core:MotorVehicles 2023-03-31 09514263 frs-core:PlantMachinery 2024-03-31 09514263 frs-core:PlantMachinery 2023-04-01 2024-03-31 09514263 frs-core:PlantMachinery 2023-03-31 09514263 frs-core:ShareCapital 2024-03-31 09514263 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 09514263 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 09514263 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 09514263 frs-bus:SmallEntities 2023-04-01 2024-03-31 09514263 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 09514263 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 09514263 1 2023-04-01 2024-03-31 09514263 frs-bus:Director1 2023-04-01 2024-03-31 09514263 frs-countries:EnglandWales 2023-04-01 2024-03-31 09514263 2022-03-31 09514263 2023-03-31 09514263 2022-04-01 2023-03-31 09514263 frs-core:CurrentFinancialInstruments 2023-03-31 09514263 frs-core:ShareCapital 2023-03-31 09514263 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 09514263
Studious Associates Limited
Unaudited Financial Statements
For The Year Ended 31 March 2024
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 09514263
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 18,504 25,172
18,504 25,172
Creditors: Amounts Falling Due Within One Year 5 (8,382 ) (8,517 )
NET CURRENT ASSETS (LIABILITIES) (8,382 ) (8,517 )
TOTAL ASSETS LESS CURRENT LIABILITIES 10,122 16,655
NET ASSETS 10,122 16,655
CAPITAL AND RESERVES
Called up share capital 6 5,000 5,000
Profit and Loss Account 5,122 11,655
SHAREHOLDERS' FUNDS 10,122 16,655
For the year ending 31 March 2024 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 Darren Hourican
Director
30 April 2024
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Studious Associates Limited Registered number 09514263 is a limited by shares company incorporated in England & Wales. The Registered Office is 13 Parkfield Crescent, Ruislip, Middlesex, HA4 0RB.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
2.2. Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. 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 20.0% Straight line
Motor Vehicles 20.0% Straight line
Computer Equipment 20.0% Straight line
2.4. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account. The notes which are not included have been hidden but original note numbering has remained the same for those that are present.
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2024 2023
Office and administration 2 1
2 1
4. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 April 2023 12,500 30,840 1,398 44,738
As at 31 March 2024 12,500 30,840 1,398 44,738
Depreciation
As at 1 April 2023 12,000 6,168 1,398 19,566
Provided during the period 500 6,168 - 6,668
As at 31 March 2024 12,500 12,336 1,398 26,234
Net Book Value
As at 31 March 2024 - 18,504 - 18,504
As at 1 April 2023 500 24,672 - 25,172
Page 2
Page 3
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Bank loans and overdrafts 2,924 3,770
Corporation tax 3,492 2,336
Accruals and deferred income 1,455 950
Director's loan account 511 1,461
8,382 8,517
6. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 5,000 5,000
7. Dividends
2024 2023
£ £
On equity shares:
Final dividend paid 18,600 12,000
8. Ultimate Controlling Party
The company's ultimate controlling party is by virtue of his ownership of 100% of the issued share capital in the company.
Page 3