Acorah Software Products - Accounts Production 14.6.300 false true false 18 August 2022 31 December 2023 31 December 2023 14303229 Mr Asen Kostadinov iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14303229 2022-08-17 14303229 2023-12-31 14303229 2022-08-18 2023-12-31 14303229 frs-core:CurrentFinancialInstruments 2023-12-31 14303229 frs-core:ComputerEquipment 2023-12-31 14303229 frs-core:ComputerEquipment 2022-08-18 2023-12-31 14303229 frs-core:ComputerEquipment 2022-08-17 14303229 frs-core:FurnitureFittings 2023-12-31 14303229 frs-core:FurnitureFittings 2022-08-18 2023-12-31 14303229 frs-core:FurnitureFittings 2022-08-17 14303229 frs-core:MotorVehicles 2023-12-31 14303229 frs-core:MotorVehicles 2022-08-18 2023-12-31 14303229 frs-core:MotorVehicles 2022-08-17 14303229 frs-core:PlantMachinery 2023-12-31 14303229 frs-core:PlantMachinery 2022-08-18 2023-12-31 14303229 frs-core:PlantMachinery 2022-08-17 14303229 frs-core:ShareCapital 2023-12-31 14303229 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 14303229 frs-bus:PrivateLimitedCompanyLtd 2022-08-18 2023-12-31 14303229 frs-bus:FilletedAccounts 2022-08-18 2023-12-31 14303229 frs-bus:SmallEntities 2022-08-18 2023-12-31 14303229 frs-bus:AuditExempt-NoAccountantsReport 2022-08-18 2023-12-31 14303229 frs-bus:SmallCompaniesRegimeForAccounts 2022-08-18 2023-12-31 14303229 frs-bus:Director1 2022-08-18 2023-12-31 14303229 frs-core:CurrentFinancialInstruments 1 2023-12-31 14303229 frs-countries:EnglandWales 2022-08-18 2023-12-31
Registered number: 14303229
Topview London Ltd
Unaudited Financial Statements
For the Period 18 August 2022 to 31 December 2023
Unaudited Financial Statements
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 14303229
31 December 2023
Notes £ £
FIXED ASSETS
Tangible Assets 3 1,289,081
1,289,081
CURRENT ASSETS
Debtors 4 270,771
Cash at bank and in hand 131,837
402,608
Creditors: Amounts Falling Due Within One Year 5 (4,739,218 )
NET CURRENT ASSETS (LIABILITIES) (4,336,610 )
TOTAL ASSETS LESS CURRENT LIABILITIES (3,047,529 )
NET LIABILITIES (3,047,529 )
CAPITAL AND RESERVES
Called up share capital 6 100
Profit and Loss Account (3,047,629 )
SHAREHOLDERS' FUNDS (3,047,529)
For the period ending 31 December 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 Asen Kostadinov
Director
08/08/2024
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. Accounting Policies
1.1. 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.
1.2. 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.
1.3. 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%
Motor Vehicles 30%
Fixtures & Fittings 20%
Computer Equipment 33%
2. Average Number of Employees
Average number of employees, including directors, during the year was as follows: 208
208
3. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 18 August 2022 - - - - -
Additions 1,959,917 12,995 9,623 16,775 1,999,310
As at 31 December 2023 1,959,917 12,995 9,623 16,775 1,999,310
Depreciation
As at 18 August 2022 - - - - -
Provided during the period 694,137 5,523 2,727 7,842 710,229
As at 31 December 2023 694,137 5,523 2,727 7,842 710,229
Net Book Value
As at 31 December 2023 1,265,780 7,472 6,896 8,933 1,289,081
As at 18 August 2022 - - - - -
Page 2
Page 3
4. Debtors
31 December 2023
£
Due within one year
Trade debtors 52,624
Other debtors 36,083
VAT 182,064
270,771
5. Creditors: Amounts Falling Due Within One Year
31 December 2023
£
Trade creditors 239,449
Other taxes and social security 286,381
Net wages 84,396
Other creditors 4,118,725
Pension 3,267
Accruals and deferred income 7,000
4,739,218
6. Share Capital
31 December 2023
£
Allotted, Called up and fully paid 100
7. General Information
Topview London Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14303229 . The registered office is 5 King Street, Covent Garden, London, WC2E 8HN.
Page 3