Acorah Software Products - Accounts Production 15.0.600 false true 31 January 2023 1 February 2022 false 1 February 2023 31 January 2024 31 January 2024 NI685153 Mrs Ashlee Spencer Mr Daniel Spencer iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure NI685153 2023-01-31 NI685153 2024-01-31 NI685153 2023-02-01 2024-01-31 NI685153 frs-core:CurrentFinancialInstruments 2024-01-31 NI685153 frs-core:FurnitureFittings 2024-01-31 NI685153 frs-core:FurnitureFittings 2023-02-01 2024-01-31 NI685153 frs-core:FurnitureFittings 2023-01-31 NI685153 frs-core:ShareCapital 2024-01-31 NI685153 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 NI685153 frs-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 NI685153 frs-bus:FilletedAccounts 2023-02-01 2024-01-31 NI685153 frs-bus:SmallEntities 2023-02-01 2024-01-31 NI685153 frs-bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 NI685153 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 NI685153 frs-bus:Director1 2023-02-01 2024-01-31 NI685153 frs-bus:Director2 2023-02-01 2024-01-31 NI685153 frs-countries:NorthernIreland 2023-02-01 2024-01-31 NI685153 2022-01-31 NI685153 2023-01-31 NI685153 2022-02-01 2023-01-31 NI685153 frs-core:CurrentFinancialInstruments 2023-01-31 NI685153 frs-core:ShareCapital 2023-01-31 NI685153 frs-core:RetainedEarningsAccumulatedLosses 2023-01-31
Registered number: NI685153
Aventina-Spencer UK Limited
Unaudited Financial Statements
For The Year Ended 31 January 2024
TaxAssist Ballymena
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: NI685153
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,613 1,793
1,613 1,793
CURRENT ASSETS
Stocks 5 - 1,100
Debtors 6 - 1,820
Cash at bank and in hand 1,558 5,286
1,558 8,206
Creditors: Amounts Falling Due Within One Year 7 (31,794 ) (15,221 )
NET CURRENT ASSETS (LIABILITIES) (30,236 ) (7,015 )
TOTAL ASSETS LESS CURRENT LIABILITIES (28,623 ) (5,222 )
NET LIABILITIES (28,623 ) (5,222 )
CAPITAL AND RESERVES
Called up share capital 8 2 2
Profit and Loss Account (28,625 ) (5,224 )
SHAREHOLDERS' FUNDS (28,623) (5,222)
Page 1
Page 2
For the year ending 31 January 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 Profit and Loss Account.
On behalf of the board
Mrs Ashlee Spencer
Director
21 June 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
Aventina-Spencer UK Limited is a private company, limited by shares, incorporated in Northern Ireland, registered number NI685153 . The registered office is 4 Toberwine Street, Glenarm, BT44 0AP.
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:
Fixtures & Fittings 10% reducing balance
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Tangible Assets
Fixtures & Fittings
£
Cost
As at 1 February 2023 1,992
As at 31 January 2024 1,992
Depreciation
As at 1 February 2023 199
Provided during the period 180
As at 31 January 2024 379
Net Book Value
As at 31 January 2024 1,613
As at 1 February 2023 1,793
Page 3
Page 4
5. Stocks
2024 2023
£ £
Stock - 1,100
6. Debtors
2024 2023
£ £
Due within one year
Prepayments and accrued income - 1,820
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors - (1 )
Accruals and deferred income 2,520 -
Directors' loan accounts 29,274 15,222
31,794 15,221
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
Page 4