Acorah Software Products - Accounts Production 15.0.600 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 05969613 Mr Mark Robinson Mrs Sarah Kahn iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05969613 2023-03-31 05969613 2024-03-31 05969613 2023-04-01 2024-03-31 05969613 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-03-31 05969613 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 05969613 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-03-31 05969613 frs-bus:CompanyLimitedByGuarantee 2023-04-01 2024-03-31 05969613 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 05969613 frs-bus:SmallEntities 2023-04-01 2024-03-31 05969613 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 05969613 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 05969613 frs-bus:Director1 2023-04-01 2024-03-31 05969613 frs-bus:Director2 2023-04-01 2024-03-31 05969613 frs-countries:EnglandWales 2023-04-01 2024-03-31 05969613 2022-03-31 05969613 2023-03-31 05969613 2022-04-01 2023-03-31
Registered number: 05969613
Optical Park Aldridge Limited
Financial Statements
For The Year Ended 31 March 2024
Fruition Accountancy Limited
Unit 4 Three Spires House, Station Road
Lichfield
WS13 6HX
Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 05969613
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 730 730
730 730
CURRENT ASSETS
Debtors 5 423 258
Cash at bank and in hand 2,058 3,028
2,481 3,286
Creditors: Amounts Falling Due Within One Year 6 (3,211 ) (4,016 )
NET CURRENT ASSETS (LIABILITIES) (730 ) (730 )
NET ASSETS - -
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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 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 Income and Expenditure Account.
On behalf of the board
Mrs Sarah Kahn
Director
12th August 2024
The notes on pages 3 to 4 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
Optical Park Aldridge Limited is a private company, limited by guarantee, incorporated in England & Wales, registered number 05969613 . The registered office is Unit 2 Optical Park, Middlemore Lane, West Aldridge, Walsall, WS9 8EJ.
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.
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.
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:
Freehold 0% straight line
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Tangible Assets
Land & Property
Freehold
£
Cost
As at 1 April 2023 730
As at 31 March 2024 730
...CONTINUED
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Net Book Value
As at 31 March 2024 730
As at 1 April 2023 730
5. Debtors
2024 2023
£ £
Due within one year
Other debtors 423 258
423 258
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other creditors 3,211 4,016
3,211 4,016
7. Company limited by guarantee
The company is limited by guarantee and has no share capital.
Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
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