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 08157263 Mr Alan Nash Mrs Annette Nash iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08157263 2023-03-31 08157263 2024-03-31 08157263 2023-04-01 2024-03-31 08157263 frs-core:Non-currentFinancialInstruments 2024-03-31 08157263 frs-core:NetGoodwill 2023-04-01 2024-03-31 08157263 frs-core:PlantMachinery 2023-04-01 2024-03-31 08157263 frs-core:ShareCapital 2024-03-31 08157263 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 08157263 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 08157263 frs-bus:AbridgedAccounts 2023-04-01 2024-03-31 08157263 frs-bus:SmallEntities 2023-04-01 2024-03-31 08157263 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 08157263 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 08157263 frs-bus:Director1 2023-04-01 2024-03-31 08157263 frs-bus:Director1 2023-03-31 08157263 frs-bus:Director1 2024-03-31 08157263 frs-bus:Director2 2023-04-01 2024-03-31 08157263 frs-bus:Director2 2023-03-31 08157263 frs-bus:Director2 2024-03-31 08157263 frs-countries:EnglandWales 2023-04-01 2024-03-31 08157263 2022-03-31 08157263 2023-03-31 08157263 2022-04-01 2023-03-31 08157263 frs-core:Non-currentFinancialInstruments 2023-03-31 08157263 frs-core:ShareCapital 2023-03-31 08157263 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 08157263
A & A Nash Ltd
Unaudited ABRIDGED Financial Statements
For The Year Ended 31 March 2024
Unaudited Financial Statements
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—5
Page 1
Abridged Balance Sheet
Registered number: 08157263
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 2,838 3,784
2,838 3,784
CURRENT ASSETS
Stocks 25,000 20,000
Debtors 19,510 27,754
Cash at bank and in hand 6,036 -
50,546 47,754
Creditors: Amounts Falling Due Within One Year (39,835 ) (29,300 )
NET CURRENT ASSETS (LIABILITIES) 10,711 18,454
TOTAL ASSETS LESS CURRENT LIABILITIES 13,549 22,238
Creditors: Amounts Falling Due After More Than One Year (12,556 ) (21,701 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (384 ) (432 )
NET ASSETS 609 105
CAPITAL AND RESERVES
Called up share capital 6 100 100
Profit and Loss Account 509 5
SHAREHOLDERS' FUNDS 609 105
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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 Profit and Loss Account.
All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 31 March 2024 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr Alan Nash
Director
03/09/2024
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Abridged Financial Statements
1. General Information
A & A Nash Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08157263 . The registered office is Units 1-2 Warrior Court, 9-11 Mumby Road, Gosport, Hampshire, PO12 1BS.
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.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It has amortised to profit and loss account over its estimated economic life of five years.
2.4. 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:
Plant & Machinery 25% on reducing balance
2.5. 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.
2.6. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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2.7. Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current or deferred taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
3. Average Number of Employees
The average number of persons employed under contracts of service during the year was:  NIL (2023: NIL)
- -
4. Intangible Assets
Total
£
Cost
As at 1 April 2023 21,800
As at 31 March 2024 21,800
Amortisation
As at 1 April 2023 21,800
As at 31 March 2024 21,800
Net Book Value
As at 31 March 2024 -
As at 1 April 2023 -
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5. Tangible Assets
Total
£
Cost
As at 1 April 2023 6,880
As at 31 March 2024 6,880
Depreciation
As at 1 April 2023 3,096
Provided during the period 946
As at 31 March 2024 4,042
Net Book Value
As at 31 March 2024 2,838
As at 1 April 2023 3,784
6. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
7. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 April 2023 Amounts advanced Amounts repaid Amounts written off As at 31 March 2024
£ £ £ £ £
Mr Alan Nash 9,922 49,871 (54,220 ) - 5,573
Mrs Annette Nash 9,921 49,899 (54,247 ) - 5,573
Beneficial loan interest has been charged at the prevailing rate on Mr Nash's overdrawn loan account which amounted to £365 (2023: £4).
Beneficial loan interest has been charged at the prevailing rate on Mrs Nash's overdrawn loan account which amounted to £366 (2023: £4).
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