Acorah Software Products - Accounts Production 15.0.600 false true 31 July 2023 1 August 2022 false 1 August 2023 31 July 2024 31 July 2024 05870611 Mr Shyam Awasthi Mr Mikal Samra iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05870611 2023-07-31 05870611 2024-07-31 05870611 2023-08-01 2024-07-31 05870611 frs-core:CurrentFinancialInstruments 2024-07-31 05870611 frs-core:OtherReservesSubtotal 2024-07-31 05870611 frs-core:ShareCapital 2024-07-31 05870611 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 05870611 frs-bus:FilletedAccounts 2023-08-01 2024-07-31 05870611 frs-bus:SmallEntities 2023-08-01 2024-07-31 05870611 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 05870611 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 05870611 frs-bus:Director1 2023-08-01 2024-07-31 05870611 frs-bus:Director2 2023-08-01 2024-07-31 05870611 frs-countries:EnglandWales 2023-08-01 2024-07-31 05870611 2022-07-31 05870611 2023-07-31 05870611 2022-08-01 2023-07-31 05870611 frs-core:CurrentFinancialInstruments 2023-07-31 05870611 frs-core:OtherReservesSubtotal 2023-07-31 05870611 frs-core:ShareCapital 2023-07-31
Registered number: 05870611
89-91 Norwood Rd Management Company Limited
Unaudited Financial Statements
For The Year Ended 31 July 2024
The PHLT Group
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2
Page 1
Balance Sheet
Registered number: 05870611
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 20,900 20,735
Cash at bank and in hand 54,141 45,539
75,041 66,274
Creditors: Amounts Falling Due Within One Year 5 (38,417 ) (29,650 )
NET CURRENT ASSETS (LIABILITIES) 36,624 36,624
TOTAL ASSETS LESS CURRENT LIABILITIES 36,624 36,624
NET ASSETS 36,624 36,624
CAPITAL AND RESERVES
Called up share capital 6 22 22
Other reserves 36,602 36,602
SHAREHOLDERS' FUNDS 36,624 36,624
For the year ending 31 July 2024 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
Mr Mikal Samra
Director
08/08/2024
The notes on page 2 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
89-91 Norwood Rd Management Company Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05870611 . The registered office is 6 Genesis Business Centre, Redkiln Way, Horsham, West Sussex, RH13 5QH.
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Debtors
2024 2023
£ £
Due within one year
Trade debtors 20,900 20,735
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors - 500
Accruals and deferred income 38,417 29,150
38,417 29,650
6. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 22 22
Page 2