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 11791233 Mr marc Mills iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11791233 2023-01-31 11791233 2024-01-31 11791233 2023-02-01 2024-01-31 11791233 frs-core:CurrentFinancialInstruments 2024-01-31 11791233 frs-core:ShareCapital 2024-01-31 11791233 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 11791233 frs-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 11791233 frs-bus:FilletedAccounts 2023-02-01 2024-01-31 11791233 frs-bus:SmallEntities 2023-02-01 2024-01-31 11791233 frs-bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 11791233 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 11791233 frs-bus:Director1 2023-02-01 2024-01-31 11791233 frs-core:CurrentFinancialInstruments 1 2024-01-31 11791233 frs-countries:EnglandWales 2023-02-01 2024-01-31 11791233 2022-01-31 11791233 2023-01-31 11791233 2022-02-01 2023-01-31 11791233 frs-core:CurrentFinancialInstruments 2023-01-31 11791233 frs-core:ShareCapital 2023-01-31 11791233 frs-core:RetainedEarningsAccumulatedLosses 2023-01-31 11791233 frs-core:CurrentFinancialInstruments 1 2023-01-31
Registered number: 11791233
Aspect Ventilation Ltd
Unaudited Financial Statements
For The Year Ended 31 January 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 11791233
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Stocks 4 188,775 -
Debtors 5 99,871 31
Cash at bank and in hand 35,075 169
323,721 200
Creditors: Amounts Falling Due Within One Year 6 (424,767 ) (1,252 )
NET CURRENT ASSETS (LIABILITIES) (101,046 ) (1,052 )
TOTAL ASSETS LESS CURRENT LIABILITIES (101,046 ) (1,052 )
NET LIABILITIES (101,046 ) (1,052 )
CAPITAL AND RESERVES
Called up share capital 7 2 1
Profit and Loss Account (101,048 ) (1,053 )
SHAREHOLDERS' FUNDS (101,046) (1,052)
Page 1
Page 2
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 member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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
Mr marc Mills
Director
24/09/2024
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
Aspect Ventilation Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11791233 . The registered office is The Old Barn, Off Wood Street, Swanley Village, Kent, BR8 7PA.
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.
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 15 (2023: NIL)
15 -
4. Stocks
2024 2023
£ £
Work in progress 188,775 -
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 61,009 -
Other debtors 6,201 -
VAT 32,661 31
99,871 31
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6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 87,612 216
Other taxes and social security 16,491 -
Other creditors 9,630 -
Inter-company 310,000 -
Director's loan account 1,034 1,036
424,767 1,252
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 1
8. Related Party Transactions
Included in the Other Creditors is an amount owed to the company director Mr M Mills totalling £1,034 (2023 - £1,036), no interest is to be charged.
Included in the Other Creditors is an amount of £310,000 owed to Aspect Enterprises Ltd, a company under the control of the director Mr M Mills. No repayment terms have been set and no interest is to be charged. 
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