Acorah Software Products - Accounts Production 15.0.600 false true false 20 March 2023 31 December 2023 31 December 2023 14742681 Jonethan Feldschuh Moshe Freed iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14742681 2023-03-19 14742681 2023-12-31 14742681 2023-03-20 2023-12-31 14742681 frs-core:CurrentFinancialInstruments 2023-12-31 14742681 frs-core:ShareCapital 2023-12-31 14742681 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 14742681 frs-bus:PrivateLimitedCompanyLtd 2023-03-20 2023-12-31 14742681 frs-bus:FilletedAccounts 2023-03-20 2023-12-31 14742681 frs-bus:SmallEntities 2023-03-20 2023-12-31 14742681 frs-bus:AuditExempt-NoAccountantsReport 2023-03-20 2023-12-31 14742681 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-20 2023-12-31 14742681 frs-bus:Director1 2023-03-20 2023-12-31 14742681 frs-bus:Director2 2023-03-20 2023-12-31 14742681 frs-countries:EnglandWales 2023-03-20 2023-12-31
Registered number: 14742681
Atomic Growth UK Limited
Unaudited Financial Statements
For the Period 20 March 2023 to 31 December 2023
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 14742681
31 December 2023
Notes £ £
CURRENT ASSETS
Stocks 4 24,882
Debtors 5 35,024
Cash at bank and in hand 3,984
63,890
Creditors: Amounts Falling Due Within One Year 6 (66,923 )
NET CURRENT ASSETS (LIABILITIES) (3,033 )
TOTAL ASSETS LESS CURRENT LIABILITIES (3,033 )
NET LIABILITIES (3,033 )
CAPITAL AND RESERVES
Called up share capital 7 100
Profit and Loss Account (3,133 )
SHAREHOLDERS' FUNDS (3,033)
For the period 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.
On behalf of the board
Jonethan Feldschuh
Director
16/09/2024
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Atomic Growth UK Limited is a private company, limited by shares, incorporated in England & Wales, registered number 14742681 . The registered office is Enterprise House, First Floor, 2 The Crest, London, NW4 2HN.
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 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.
2.3. 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.
2.4. 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 period was: 1
1
4. Stocks
31 December 2023
£
Finished goods 24,882
5. Debtors
31 December 2023
£
Due within one year
Trade debtors 6,215
Other debtors 28,809
35,024
Page 2
Page 3
6. Creditors: Amounts Falling Due Within One Year
31 December 2023
£
Trade creditors 7,447
Amounts owed to participating interests 57,481
Taxation and social security 1,995
66,923
7. Share Capital
31 December 2023
£
Allotted, Called up and fully paid 100
Page 3