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 08864504 Mrs Lucy Atkinson Mr Joe Atkinson Miss Lily Atkinson Mr Paul Atkinson Mr Danny Atkinson true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08864504 2023-01-31 08864504 2024-01-31 08864504 2023-02-01 2024-01-31 08864504 frs-core:ComputerEquipment 2023-02-01 2024-01-31 08864504 frs-core:FurnitureFittings 2023-02-01 2024-01-31 08864504 frs-core:ShareCapital 2024-01-31 08864504 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 08864504 frs-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 08864504 frs-bus:AbridgedAccounts 2023-02-01 2024-01-31 08864504 frs-bus:SmallEntities 2023-02-01 2024-01-31 08864504 frs-bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 08864504 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 08864504 frs-bus:OrdinaryShareClass2 2023-02-01 2024-01-31 08864504 frs-bus:OrdinaryShareClass2 2024-01-31 08864504 frs-bus:OrdinaryShareClass3 2023-02-01 2024-01-31 08864504 frs-bus:OrdinaryShareClass3 2024-01-31 08864504 1 2023-02-01 2024-01-31 08864504 frs-bus:Director1 2023-02-01 2024-01-31 08864504 frs-bus:Director2 2023-02-01 2024-01-31 08864504 frs-bus:Director3 2023-02-01 2024-01-31 08864504 frs-bus:Director4 2023-02-01 2024-01-31 08864504 frs-bus:Director5 2023-02-01 2024-01-31 08864504 frs-countries:EnglandWales 2023-02-01 2024-01-31 08864504 2022-01-31 08864504 2023-01-31 08864504 2022-02-01 2023-01-31 08864504 frs-core:ShareCapital 2023-01-31 08864504 frs-core:RetainedEarningsAccumulatedLosses 2023-01-31 08864504 frs-bus:OrdinaryShareClass2 2022-02-01 2023-01-31 08864504 frs-bus:OrdinaryShareClass3 2022-02-01 2023-01-31
Registered number: 08864504
SWALLOWS FLIGHT ASSOCIATES LIMITED
ABRIDGED Financial Statements
For The Year Ended 31 January 2024
John A. Porter & Co.
74 Dickenson Road
Rusholme
Manchester
M14 5HF
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—4
Page 1
Abridged Balance Sheet
Registered number: 08864504
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 4,578 2,340
4,578 2,340
CURRENT ASSETS
Stocks 5 1,500 1,500
Debtors 223,288 243,743
Cash at bank and in hand 29,124 25,845
253,912 271,088
Creditors: Amounts Falling Due Within One Year (46,159 ) (51,117 )
NET CURRENT ASSETS (LIABILITIES) 207,753 219,971
TOTAL ASSETS LESS CURRENT LIABILITIES 212,331 222,311
NET ASSETS 212,331 222,311
CAPITAL AND RESERVES
Called up share capital 6 250 250
Profit and Loss Account 212,081 222,061
SHAREHOLDERS' FUNDS 212,331 222,311
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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.
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 January 2024 in accordance with section 444(2A) of the Companies Act 2006.
The financial statements were approved by the board on 9 July 2024 and were signed on its behalf by:
Mrs Lucy Atkinson
Director
9 July 2024
The notes on pages 3 to 4 form part of these financial statements.
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Notes to the Abridged Financial Statements
1. General Information
SWALLOWS FLIGHT ASSOCIATES LIMITED is a private company, limited by shares, incorporated in England & Wales.
The registered number is 08864504 .
The registered office is 74 Dickenson Road, Rusholme, Manchester, M14 5HF.
Dividends paid the the Director are reported in the notes to the accounts.
Transactions with the associated company, Bryn Properties Limited, are reported in the notes to the accounts.
There are no other related party transactions to report.
There are no contingent liabilities or post balance sheet events to report.
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 represents net invoiced sales of goods, and services excluding Value Added Tax (VAT).
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less accumulated depreciation.
Depreciation is calculated at the following annual rates in order to write off each asset over its estimated useful life. 
Fixtures & Fittings 10% Reducing Balance
Computer Equipment 20% Reducing Balance
No depreciation is charged in the year of acquisition.
2.4. Stocks and Work in Progress
Work in progress has been valued at prime cost of labour and materials plus other direct expenses.
2.5. Accounting Reference Date
The accounting reference date is 31 January.
These accounts are for the year ended 31 January 2024.
2.6. Comparative Figures
The comparative figures used throughout these accounts are as at 31 January 2023 or are for the year ended on that date.
2.7. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, who are employed under a contract of service during the year was: NIL (2023: NIL)
- -
4. Tangible Assets
Total
£
Cost
As at 1 February 2023 6,913
Additions 2,706
As at 31 January 2024 9,619
Depreciation
As at 1 February 2023 4,573
Provided during the period 468
As at 31 January 2024 5,041
...CONTINUED
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Net Book Value
As at 31 January 2024 4,578
As at 1 February 2023 2,340
5. Stocks
2024 2023
£ £
Work in progress 1,500 1,500
6. Share Capital
2024 2023
Allotted, called up and fully paid £ £
200 Ordinary A shares of £ 1.00 each 200 200
50 Ordinary B shares of £ 1.00 each 50 50
250 250
Issued £1 Ordinary A Voting Shares and £1 Ordinary B Voting Shares were held throughout the year as follows:
- Mrs Lucy Atkinson owns 200 £1 Ordinary A Voting Shares
- Mr Paul Atkinson owns 50 £1 Ordinary B Voting Shares
7. Directors Advances, Credits and Guarantees
Dividends paid to the Director
2024 2023
£ £
Mrs Lucy Atkinson 60,950 53,000
8. Dividends
2024 2023
£ £
On equity shares:
Interim dividend paid 92,000 80,000
9. Related Party Transactions
Associated Company - Bryn Properties Limited
Bryn Properties Limited was incorporated on 18 March 2020 and is an associated company under the control of the two shareholders. Mr Paul Atkinson holds 1 £1 Ordinary Share in Bryn Properties Limited representing 50% of the issued share capital and Mrs Lucy Atkinson also owns 1 £1 Ordinary Share also representing 50% of the issued capital, there being a total of 2 £1 Ordinary Shares in issue.
Mr Paul Atkinson and Mrs Lucy Atkinson are both directors of Bryn Properties Limited.
Transactions in the year with Bryn Properties Limited were as follows -
Balance due from Bryn Properties Limited brought forward - £206,871 (2023 £196,071)
Monies advanced to Bryn Properties Limited - £Nil (2023 £10,800)
Loan Repayments - £Nil (2022 £Nil)
Balance due from Bryn Properties Limited carried forward - £206,871 (2023 £206,871)
10. Ultimate Controlling Party
The Company was controlled throughout the year by Mrs Lucy Atkinson who held 200 £1 Ordinary Voting Shares there being 250 £1 Ordinary Voting Shares in issue.
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