Acorah Software Products - Accounts Production 15.0.600 false true true 31 December 2022 18 May 2022 false 1 January 2023 31 December 2023 31 December 2023 14114429 Mr Oliver Randell Mr Simon Broomhead iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14114429 2022-12-31 14114429 2023-12-31 14114429 2023-01-01 2023-12-31 14114429 frs-core:CurrentFinancialInstruments 2023-12-31 14114429 frs-core:ShareCapital 2023-12-31 14114429 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 14114429 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 14114429 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 14114429 frs-bus:SmallEntities 2023-01-01 2023-12-31 14114429 frs-bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 14114429 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 14114429 frs-bus:OrdinaryShareClass1 2023-01-01 2023-12-31 14114429 frs-bus:OrdinaryShareClass1 2023-12-31 14114429 frs-core:UnlistedNon-exchangeTraded 2023-12-31 14114429 frs-core:UnlistedNon-exchangeTraded 2022-12-31 14114429 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2022-12-31 14114429 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-12-31 14114429 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2022-12-31 14114429 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-12-31 14114429 frs-bus:Director1 2023-01-01 2023-12-31 14114429 frs-bus:Director2 2023-01-01 2023-12-31 14114429 frs-countries:EnglandWales 2023-01-01 2023-12-31 14114429 2022-05-17 14114429 2022-12-31 14114429 2022-05-18 2022-12-31 14114429 frs-core:CurrentFinancialInstruments 2022-12-31 14114429 frs-core:ShareCapital 2022-12-31 14114429 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31 14114429 frs-bus:OrdinaryShareClass1 2022-05-18 2022-12-31
Registered number: 14114429
Active Ems Owners Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2023
Ascendis Group
Chartered Certified Accountants, Taxation and Business Advisors
Unit 3, Building 2, The Colony Wilmslow
Altrincham Road
Wilmslow
Cheshire
SK9 4LY
Contents
Page
Accountant's Report 1
Balance Sheet 2—3
Notes to the Financial Statements 4—5
Page 1
Accountant's Report
Report to the directors on the preparation of the unaudited statutory accounts of Active Ems Owners Ltd for the year ended 31 December 2023
To assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the accounts of Active Ems Owners Ltd which comprise the Profit and Loss Account, the Balance Sheet and the related notes, from the company’s accounting records and from information and explanations you have given us.
As a practising member of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.
This report is made to the directors of Active Ems Owners Ltd , as a body, in accordance with the terms of our engagement letter dated 18 May 2022. Our work has been undertaken solely to prepare for your approval the accounts of Active Ems Owners Ltd and state those matters that we have agreed to state to the directors of Active Ems Owners Ltd , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Active Ems Owners Ltd and its directors as a body for our work or for this report.
It is your duty to ensure that Active Ems Owners Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Active Ems Owners Ltd . You consider that Active Ems Owners Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Active Ems Owners Ltd . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
Signed
16th August 2024
Ascendis Group
Chartered Certified Accountants, Taxation and Business Advisors
Unit 3, Building 2, The Colony Wilmslow
Altrincham Road
Wilmslow
Cheshire
SK9 4LY
Page 1
Page 2
Balance Sheet
Registered number: 14114429
31 December 2023 31 December 2022
Notes £ £ £ £
FIXED ASSETS
Investments 4 100 100
100 100
CURRENT ASSETS
Debtors 5 - 60,000
Cash at bank and in hand 9 -
9 60,000
Creditors: Amounts Falling Due Within One Year 6 (2,239 ) (60,000 )
NET CURRENT ASSETS (LIABILITIES) (2,230 ) -
TOTAL ASSETS LESS CURRENT LIABILITIES (2,130 ) 100
NET (LIABILITIES)/ASSETS (2,130 ) 100
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account (2,230 ) -
SHAREHOLDERS' FUNDS (2,130) 100
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Page 3
For the year 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 Oliver Randell
Director
16th August 2024
The notes on pages 4 to 5 form part of these financial statements.
Page 3
Page 4
Notes to the Financial Statements
1. General Information
Active Ems Owners Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14114429 . The registered office is Unit A5 / A6 Chamberhall Business Park, Harvard Road, Bury, Greater Manchester, BL9 0FU.
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
The directors have identified material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern, however, the going concern basis remains appropriate.
2.3. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
2.4. Fixed asset investment
Investments in subsidiaries are measured at cost less accumulated impairment on an annual basis. Impairment is recognised through the statement of profit and loss.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2022: 2)
2 2
4. Investments
Unlisted
£
Cost
As at 1 January 2023 100
As at 31 December 2023 100
Provision
As at 1 January 2023 -
As at 31 December 2023 -
...CONTINUED
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Page 5
Net Book Value
As at 31 December 2023 100
As at 1 January 2023 100
The company's investments at the balance sheet date are the share capital of companies made up by the following:
Active EMS Limited
Registered office: Inside United Kingdom
Nature of business: Electronic Manufacturing Services (EMS) to electronic customers
Holding: 100%
Class of shares: 100 ordinary
5. Debtors
31 December 2023 31 December 2022
£ £
Due within one year
Amounts owed by group undertakings - 60,000
6. Creditors: Amounts Falling Due Within One Year
31 December 2023 31 December 2022
£ £
Amounts owed to group undertakings 1,039 -
Other creditors 1,200 60,000
2,239 60,000
7. Share Capital
31 December 2023 31 December 2022
Allotted, called up and fully paid £ £
100 Ordinary Shares of £ 1.00 each 100 100
8. Related Party Transactions
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.
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