Acorah Software Products - Accounts Production 15.0.600 false true 31 December 2022 1 January 2022 false 1 January 2023 30 September 2023 30 September 2023 08802538 Ms Arlene Rose De Cruz iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08802538 2022-12-31 08802538 2023-09-30 08802538 2023-01-01 2023-09-30 08802538 frs-core:CurrentFinancialInstruments 2023-09-30 08802538 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-09-30 08802538 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-01-01 2023-09-30 08802538 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2022-12-31 08802538 frs-core:ShareCapital 2023-09-30 08802538 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30 08802538 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-09-30 08802538 frs-bus:FilletedAccounts 2023-01-01 2023-09-30 08802538 frs-bus:SmallEntities 2023-01-01 2023-09-30 08802538 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-09-30 08802538 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-09-30 08802538 frs-bus:Director1 2023-01-01 2023-09-30 08802538 frs-countries:EnglandWales 2023-01-01 2023-09-30 08802538 2021-12-31 08802538 2022-12-31 08802538 2022-01-01 2022-12-31 08802538 frs-core:CurrentFinancialInstruments 2022-12-31 08802538 frs-core:ShareCapital 2022-12-31 08802538 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 08802538
Part Training UK Ltd
Unaudited Financial Statements
For the Period 1 January 2023 to 30 September 2023
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 08802538
30 September 2023 31 December 2022
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 2,523 2,841
2,523 2,841
CURRENT ASSETS
Debtors 5 - 2,029
Cash at bank and in hand 509 85,133
509 87,162
Creditors: Amounts Falling Due Within One Year 6 (1,540 ) (93,168 )
NET CURRENT ASSETS (LIABILITIES) (1,031 ) (6,006 )
TOTAL ASSETS LESS CURRENT LIABILITIES 1,492 (3,165 )
NET ASSETS/(LIABILITIES) 1,492 (3,165 )
CAPITAL AND RESERVES
Called up share capital 7 1 1
Profit and Loss Account 1,491 (3,166 )
SHAREHOLDERS' FUNDS 1,492 (3,165)
Page 1
Page 2
For the period ending 30 September 2023 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 Arlene Rose De Cruz
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
Part Training UK Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08802538 . The registered office is 1 The Woodridge, Milford, Belper, Derbyshire, DE56 0QA.
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. Research and Development
In the research phase of an internal project it is not possible to demonstrate that the project will generate future economic benefits and hence all expenditure on research is recognised as an expense when it is incurred. Intangible assets are recognised from the development phase of a project if and only if certain specific criteria are met in order to demonstrate the asset will generate probable future economic benefits and that its cost can be reliably measured. The capitalised development costs are subsequently amortised to ... on a straight line basis over their expected useful economic lives, which range from ... to ... years.
If it is not possible to distinguish between the research phase and the development phase of an internal project the expenditure is treated as if it were all incurred in the research phase only.
3. Average Number of Employees
Average number of employees, including directors, during the period was: NIL (2022: NIL)
- -
4. Intangible Assets
Development Costs
£
Cost
As at 1 January 2023 3,676
As at 30 September 2023 3,676
Amortisation
As at 1 January 2023 835
Provided during the period 318
As at 30 September 2023 1,153
Net Book Value
As at 30 September 2023 2,523
As at 1 January 2023 2,841
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Page 4
5. Debtors
30 September 2023 31 December 2022
£ £
Due within one year
Other debtors - 2,029
- 2,029
6. Creditors: Amounts Falling Due Within One Year
30 September 2023 31 December 2022
£ £
Other creditors 1,540 864
Amounts owed to associates - 92,304
1,540 93,168
7. Share Capital
30 September 2023 31 December 2022
£ £
Allotted, Called up and fully paid 1 1
Page 4