Acorah Software Products - Accounts Production 15.0.600 false true 30 April 2023 1 May 2022 false 1 May 2023 30 April 2024 30 April 2024 SC533830 Ms Tammy Watchorn Ms Tammy Watchorn true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC533830 2023-04-30 SC533830 2024-04-30 SC533830 2023-05-01 2024-04-30 SC533830 frs-core:CurrentFinancialInstruments 2024-04-30 SC533830 frs-core:PlantMachinery 2024-04-30 SC533830 frs-core:PlantMachinery 2023-05-01 2024-04-30 SC533830 frs-core:PlantMachinery 2023-04-30 SC533830 frs-core:ShareCapital 2024-04-30 SC533830 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 SC533830 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 SC533830 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 SC533830 frs-bus:SmallEntities 2023-05-01 2024-04-30 SC533830 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 SC533830 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 SC533830 1 2023-05-01 2024-04-30 SC533830 frs-bus:Director1 2023-05-01 2024-04-30 SC533830 frs-countries:Scotland 2023-05-01 2024-04-30 SC533830 2022-04-30 SC533830 2023-04-30 SC533830 2022-05-01 2023-04-30 SC533830 frs-core:CurrentFinancialInstruments 2023-04-30 SC533830 frs-core:ShareCapital 2023-04-30 SC533830 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30
Registered number: SC533830
The Change Ninja Ltd
Unaudited Financial Statements
For The Year Ended 30 April 2024
Rosslyn Associates Ltd
Chartered Tax Advisers & Accountants
The Walled Garden
South Building
Bush Estate
Midlothian
EH26 0SD
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: SC533830
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 877 755
877 755
CURRENT ASSETS
Debtors 5 - 16,872
Cash at bank and in hand 79,303 51,381
79,303 68,253
Creditors: Amounts Falling Due Within One Year 6 (32,592 ) (18,212 )
NET CURRENT ASSETS (LIABILITIES) 46,711 50,041
TOTAL ASSETS LESS CURRENT LIABILITIES 47,588 50,796
PROVISIONS FOR LIABILITIES
Deferred Taxation (167 ) (144 )
NET ASSETS 47,421 50,652
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account 47,321 50,552
SHAREHOLDERS' FUNDS 47,421 50,652
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Page 2
For the year ending 30 April 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small 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 her 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
Ms Tammy Watchorn
Director
12/09/2024
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
The Change Ninja Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC533830 . The registered office is The Walled Garden, South Building, Bush Estate, Edinburgh, Midlothian, EH26 0SD.
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 comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
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:
Plant & Machinery 20% straight line
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.
2.5. Taxation
The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.
2.6. 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, during the year was: NIL (2023: NIL)
- -
4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 May 2023 2,248
Additions 637
As at 30 April 2024 2,885
Depreciation
As at 1 May 2023 1,493
Provided during the period 515
As at 30 April 2024 2,008
...CONTINUED
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Net Book Value
As at 30 April 2024 877
As at 1 May 2023 755
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors - 16,872
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other creditors 23,747 30
Taxation and social security 8,845 18,182
32,592 18,212
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
8. Related Party Transactions
The directors are of the opinion that all related party transactions are conducted under normal market conditions and on an arm's length basis and therefore do not need to be disclosed under FRS 102 section 1A appendix C.
9. Ultimate Controlling Party
The company's ultimate controlling party is Ms Tammy Watchorn by virtue of her ownership of 100% of the issued share capital in the company.
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