Acorah Software Products - Accounts Production 15.0.600 true true 31 October 2022 1 November 2021 false 1 November 2022 31 October 2023 31 October 2023 12280226 Mr Neil Stevenson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12280226 2022-10-31 12280226 2023-10-31 12280226 2022-11-01 2023-10-31 12280226 frs-core:CurrentFinancialInstruments 2023-10-31 12280226 frs-core:Non-currentFinancialInstruments 2023-10-31 12280226 frs-core:ComputerEquipment 2023-10-31 12280226 frs-core:ComputerEquipment 2022-11-01 2023-10-31 12280226 frs-core:ComputerEquipment 2022-10-31 12280226 frs-core:ShareCapital 2023-10-31 12280226 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31 12280226 frs-bus:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 12280226 frs-bus:FilletedAccounts 2022-11-01 2023-10-31 12280226 frs-bus:SmallEntities 2022-11-01 2023-10-31 12280226 frs-bus:EntityNoLongerTradingButTradedInPast 2022-11-01 2023-10-31 12280226 frs-bus:AuditExempt-NoAccountantsReport 2022-11-01 2023-10-31 12280226 frs-bus:SmallCompaniesRegimeForAccounts 2022-11-01 2023-10-31 12280226 frs-bus:Director1 2022-11-01 2023-10-31 12280226 frs-countries:EnglandWales 2022-11-01 2023-10-31 12280226 2021-10-31 12280226 2022-10-31 12280226 frs-core:CurrentFinancialInstruments 2022-10-31 12280226 frs-core:Non-currentFinancialInstruments 2022-10-31 12280226 frs-core:ShareCapital 2022-10-31 12280226 frs-core:RetainedEarningsAccumulatedLosses 2022-10-31
Registered number: 12280226
Island City Ltd
Unaudited Financial Statements
For The Year Ended 31 October 2023
Berrywood Accountants
The New Studio
Wintershill Farm
Wintershill, Durley
Hampshire
SO32 2AH
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3
Page 1
Balance Sheet
Registered number: 12280226
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 3 275 275
275 275
CURRENT ASSETS
Cash at bank and in hand 144 144
144 144
Creditors: Amounts Falling Due Within One Year 4 (525 ) (525 )
NET CURRENT ASSETS (LIABILITIES) (381 ) (381 )
TOTAL ASSETS LESS CURRENT LIABILITIES (106 ) (106 )
Creditors: Amounts Falling Due After More Than One Year 5 (969 ) (969 )
NET LIABILITIES (1,075 ) (1,075 )
CAPITAL AND RESERVES
Called up share capital 6 1 1
Profit and Loss Account (1,076 ) (1,076 )
SHAREHOLDERS' FUNDS (1,075) (1,075)
Page 1
Page 2
For the year ending 31 October 2023 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant 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 Neil Stevenson
Director
17/07/2024
The notes on page 3 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Island City Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12280226 . The registered office is 61 Tottehale close, North baddesley, SO52 9NQ.
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. 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 4 years straight line
3. Tangible Assets
Computer Equipment
£
Cost
As at 1 November 2022 550
As at 31 October 2023 550
Depreciation
As at 1 November 2022 275
As at 31 October 2023 275
Net Book Value
As at 31 October 2023 275
As at 1 November 2022 275
4. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Accruals and deferred income 525 525
5. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Directors loan account 969 969
6. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 1 1
Page 3