Acorah Software Products - Accounts Production 14.6.300 false true 31 May 2022 3 May 2021 false 1 June 2022 31 May 2023 31 May 2023 13370951 MR Constantinos Ragouzeos iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13370951 2022-05-31 13370951 2023-05-31 13370951 2022-06-01 2023-05-31 13370951 frs-core:CurrentFinancialInstruments 2023-05-31 13370951 frs-core:ComputerEquipment 2023-05-31 13370951 frs-core:ComputerEquipment 2022-06-01 2023-05-31 13370951 frs-core:ComputerEquipment 2022-05-31 13370951 frs-core:ShareCapital 2023-05-31 13370951 frs-core:RetainedEarningsAccumulatedLosses 2023-05-31 13370951 frs-bus:PrivateLimitedCompanyLtd 2022-06-01 2023-05-31 13370951 frs-bus:FilletedAccounts 2022-06-01 2023-05-31 13370951 frs-bus:SmallEntities 2022-06-01 2023-05-31 13370951 frs-bus:AuditExempt-NoAccountantsReport 2022-06-01 2023-05-31 13370951 frs-bus:SmallCompaniesRegimeForAccounts 2022-06-01 2023-05-31 13370951 frs-bus:Director1 2022-06-01 2023-05-31 13370951 frs-countries:EnglandWales 2022-06-01 2023-05-31 13370951 2021-05-02 13370951 2022-05-31 13370951 2021-05-03 2022-05-31 13370951 frs-core:CurrentFinancialInstruments 2022-05-31 13370951 frs-core:ShareCapital 2022-05-31 13370951 frs-core:RetainedEarningsAccumulatedLosses 2022-05-31
Registered number: 13370951
240 VOLTS RENEWABLES LIMITED
Unaudited Financial Statements
For The Year Ended 31 May 2023
Evans & Evans Ltd
24A St Radigunds Road
Dover
Kent
CT17 0JY
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 13370951
31 May 2023 31 May 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 370 740
370 740
CURRENT ASSETS
Debtors 5 6,000 1,038
Cash at bank and in hand 7,212 11,797
13,212 12,835
Creditors: Amounts Falling Due Within One Year 6 (5,419 ) (3,640 )
NET CURRENT ASSETS (LIABILITIES) 7,793 9,195
TOTAL ASSETS LESS CURRENT LIABILITIES 8,163 9,935
NET ASSETS 8,163 9,935
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account 8,063 9,835
SHAREHOLDERS' FUNDS 8,163 9,935
Page 1
Page 2
For the year ending 31 May 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 Constantinos Ragouzeos
Director
20 August 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
240 VOLTS RENEWABLES LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 13370951 . The registered office is FIRST FLOOR, 24A ST RADIGUNDS ROAD, DOVER , KENT, CT17 0JY.
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.
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:
Computer Equipment 33.3% Straight Line
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2022: 1)
1 1
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 June 2022 1,110
As at 31 May 2023 1,110
Depreciation
As at 1 June 2022 370
Provided during the period 370
As at 31 May 2023 740
Net Book Value
As at 31 May 2023 370
As at 1 June 2022 740
Page 3
Page 4
5. Debtors
31 May 2023 31 May 2022
£ £
Due within one year
Trade debtors - 1,038
Other debtors 6,000 -
6,000 1,038
6. Creditors: Amounts Falling Due Within One Year
31 May 2023 31 May 2022
£ £
Trade creditors 1,245 792
Corporation tax 2,465 2,055
Accruals and deferred income 1,586 793
Director's loan account 123 -
5,419 3,640
7. Share Capital
31 May 2023 31 May 2022
£ £
Allotted, Called up and fully paid 100 100
Page 4