Acorah Software Products - Accounts Production 15.0.600 false true true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 13107300 E O'Grady G D Chatburn E O'Grady iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13107300 2022-12-31 13107300 2023-12-31 13107300 2023-01-01 2023-12-31 13107300 frs-core:ComputerEquipment 2023-01-01 2023-12-31 13107300 frs-core:PlantMachinery 2023-01-01 2023-12-31 13107300 frs-core:ShareCapital 2023-12-31 13107300 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 13107300 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 13107300 frs-bus:AbridgedAccounts 2023-01-01 2023-12-31 13107300 frs-bus:SmallEntities 2023-01-01 2023-12-31 13107300 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 13107300 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 13107300 frs-bus:Director1 2023-01-01 2023-12-31 13107300 frs-bus:Director2 2023-01-01 2023-12-31 13107300 frs-bus:CompanySecretary1 2023-01-01 2023-12-31 13107300 frs-countries:EnglandWales 2023-01-01 2023-12-31 13107300 2021-12-31 13107300 2022-12-31 13107300 2022-01-01 2022-12-31 13107300 frs-core:ShareCapital 2022-12-31 13107300 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 13107300
Flightshows Ltd
Unaudited ABRIDGED Financial Statements
For The Year Ended 31 December 2023
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—4
Page 1
Abridged Balance Sheet
Registered number: 13107300
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 96,336 105,672
96,336 105,672
CURRENT ASSETS
Debtors 11,337 12,702
Cash at bank and in hand 33,040 1,096
44,377 13,798
Creditors: Amounts Falling Due Within One Year (75,746 ) (66,723 )
NET CURRENT ASSETS (LIABILITIES) (31,369 ) (52,925 )
TOTAL ASSETS LESS CURRENT LIABILITIES 64,967 52,747
NET ASSETS 64,967 52,747
CAPITAL AND RESERVES
Called up share capital 5 100,000 100,000
Profit and Loss Account (35,033 ) (47,253 )
SHAREHOLDERS' FUNDS 64,967 52,747
Page 1
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For the year ending 31 December 2023 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 Balance Sheet for the year end 31 December 2023 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
G D Chatburn
Director
04/09/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. General Information
Flightshows Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13107300 . The registered office is 12 Darley Abbey Mills, Darley Abbey, Derby, DE22 1DZ.
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. Going Concern Disclosure
The company has retained losses at 31 December 2023 of £35,033 (2022: £47,253). The company therefore relies upon the continuing support of its directors to maintain its going concern status into the foreseeable future.
2.3. 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.
2.4. 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
Computer Equipment 25% on reducing balance
2.5. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2022: 2)
2 2
4. Tangible Assets
Total
£
Cost
As at 1 January 2023 164,463
Additions 22,776
As at 31 December 2023 187,239
...CONTINUED
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Depreciation
As at 1 January 2023 58,791
Provided during the period 32,112
As at 31 December 2023 90,903
Net Book Value
As at 31 December 2023 96,336
As at 1 January 2023 105,672
5. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100,000 100,000
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