Acorah Software Products - Accounts Production 14.6.300 false true true 28 February 2023 1 March 2022 false 1 March 2023 29 February 2024 29 February 2024 13914483 Mr Alexandre Gantin Mr Alexandre Gantin true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13914483 2023-02-28 13914483 2024-02-29 13914483 2023-03-01 2024-02-29 13914483 frs-core:CurrentFinancialInstruments 2024-02-29 13914483 frs-core:ShareCapital 2024-02-29 13914483 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29 13914483 frs-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 13914483 frs-bus:FilletedAccounts 2023-03-01 2024-02-29 13914483 frs-bus:SmallEntities 2023-03-01 2024-02-29 13914483 frs-bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-29 13914483 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-29 13914483 frs-bus:OrdinaryShareClass1 2023-03-01 2024-02-29 13914483 frs-bus:OrdinaryShareClass1 2024-02-29 13914483 1 2023-03-01 2024-02-29 13914483 frs-bus:Director1 2023-03-01 2024-02-29 13914483 frs-countries:EnglandWales 2023-03-01 2024-02-29 13914483 2022-02-28 13914483 2023-02-28 13914483 2022-03-01 2023-02-28 13914483 frs-core:CurrentFinancialInstruments 2023-02-28 13914483 frs-core:ShareCapital 2023-02-28 13914483 frs-core:RetainedEarningsAccumulatedLosses 2023-02-28 13914483 frs-bus:OrdinaryShareClass1 2022-03-01 2023-02-28
Registered number: 13914483
AG INNOVATION & STRATEGY LTD
Unaudited Financial Statements
For The Year Ended 29 February 2024
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 13914483
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 - 1
Cash at bank and in hand 1,834 6,422
1,834 6,423
Creditors: Amounts Falling Due Within One Year 5 (1,642 ) (7,143 )
NET CURRENT ASSETS (LIABILITIES) 192 (720 )
TOTAL ASSETS LESS CURRENT LIABILITIES 192 (720 )
NET ASSETS/(LIABILITIES) 192 (720 )
CAPITAL AND RESERVES
Called up share capital 6 1 1
Profit and Loss Account 191 (721 )
SHAREHOLDERS' FUNDS 192 (720)
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For the year ending 29 February 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 Alexandre Gantin
Director
18/03/2024
The notes on pages 3 to 4 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
AG INNOVATION & STRATEGY LTD is a private company, limited by shares, incorporated in England & Wales, registered number 13914483 . The registered office is Radius House, 51 Clarendon Road, Watford, WD17 1HP.
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. Going Concern Disclosure
Having formed an opinion at the time of approving these accounts, the Director would like to draw your attention to the fact the company has an accumulated loss of £721 as at 28th February 2023. It is the intention of the shareholder to continue to support the company financially and ensure the company has adequate resources to continue existing trading policies and the Director has adopted a going concern basis in preparing the accounts.
2.3. Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
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: 1 (2023: 1)
1 1
4. Debtors
2024 2023
£ £
Due within one year
Other debtors - 1
- 1
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5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 61 131
Corporation tax 1,581 7,012
1,642 7,143
6. Share Capital
2024 2023
Allotted, called up and fully paid £ £
100 Ordinary Shares of £ 0.01 each 1 1
7. Ultimate Controlling Party
The company's ultimate controlling party is Mr Alexandre Gantin by virtue of his ownership of 100% of the issued share capital in the company.
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