Acorah Software Products - Accounts Production 15.0.600 false true true 30 June 2023 1 January 2022 false 1 July 2023 30 June 2024 30 June 2024 07473537 Mrs Sharon Wyatt iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07473537 2023-06-30 07473537 2024-06-30 07473537 2023-07-01 2024-06-30 07473537 frs-core:CurrentFinancialInstruments 2024-06-30 07473537 frs-core:Non-currentFinancialInstruments 2024-06-30 07473537 frs-core:ComputerEquipment 2024-06-30 07473537 frs-core:ComputerEquipment 2023-07-01 2024-06-30 07473537 frs-core:ComputerEquipment 2023-06-30 07473537 frs-core:FurnitureFittings 2024-06-30 07473537 frs-core:FurnitureFittings 2023-07-01 2024-06-30 07473537 frs-core:FurnitureFittings 2023-06-30 07473537 frs-core:ShareCapital 2024-06-30 07473537 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 07473537 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 07473537 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 07473537 frs-bus:SmallEntities 2023-07-01 2024-06-30 07473537 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 07473537 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 07473537 frs-bus:Director1 2023-07-01 2024-06-30 07473537 frs-countries:EnglandWales 2023-07-01 2024-06-30 07473537 2021-12-31 07473537 2023-06-30 07473537 2022-01-01 2023-06-30 07473537 frs-core:CurrentFinancialInstruments 2023-06-30 07473537 frs-core:Non-currentFinancialInstruments 2023-06-30 07473537 frs-core:ShareCapital 2023-06-30 07473537 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30
Registered number: 07473537
Athena Leasing Limited
Unaudited Financial Statements
For The Year Ended 30 June 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 07473537
30 June 2024 30 June 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 - 629
- 629
CURRENT ASSETS
Cash at bank and in hand 399 335
399 335
Creditors: Amounts Falling Due Within One Year 6 (69,911 ) (67,814 )
NET CURRENT ASSETS (LIABILITIES) (69,512 ) (67,479 )
TOTAL ASSETS LESS CURRENT LIABILITIES (69,512 ) (66,850 )
Creditors: Amounts Falling Due After More Than One Year 7 (2,424 ) (4,963 )
NET LIABILITIES (71,936 ) (71,813 )
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account (72,036 ) (71,913 )
SHAREHOLDERS' FUNDS (71,936) (71,813)
Page 1
Page 2
For the year ending 30 June 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
Mrs Sharon Wyatt
Director
06/09/2024
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
Athena Leasing Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07473537 . The registered office is 15 Farmstead Court, Holyhead Road , Wellington , Telford, TF1 2EJ.
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 directors have identified material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern, however, the going concern basis remains appropriate.
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:
Fixtures & Fittings 25% straight line
Computer Equipment 3 Year straight line
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 2)
1 2
4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 July 2023 4,365 521 4,886
Disposals (4,365 ) (521 ) (4,886 )
Depreciation
As at 1 July 2023 3,789 468 4,257
Disposals (3,789 ) (468 ) (4,257 )
As at 30 June 2024 - - -
Net Book Value
As at 30 June 2024 - - -
As at 1 July 2023 576 53 629
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Page 4
5. Debtors
30 June 2024 30 June 2023
£ £
Due within one year
6. Creditors: Amounts Falling Due Within One Year
30 June 2024 30 June 2023
£ £
Bank loans and overdrafts 2,199 2,483
Other creditors - 10,000
Accruals and deferred income 360 900
Director's loan account 67,352 54,431
69,911 67,814
7. Creditors: Amounts Falling Due After More Than One Year
30 June 2024 30 June 2023
£ £
Bank loans 2,424 4,963
8. Share Capital
30 June 2024 30 June 2023
£ £
Allotted, Called up and fully paid 100 100
Page 4