Acorah Software Products - Accounts Production 15.0.600 false true true 30 April 2023 1 May 2022 false 1 May 2023 30 April 2024 30 April 2024 10143614 Mr Jonathan Bromhead iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10143614 2023-04-30 10143614 2024-04-30 10143614 2023-05-01 2024-04-30 10143614 frs-core:FurnitureFittings 2024-04-30 10143614 frs-core:FurnitureFittings 2023-05-01 2024-04-30 10143614 frs-core:FurnitureFittings 2023-04-30 10143614 frs-core:PlantMachinery 2024-04-30 10143614 frs-core:PlantMachinery 2023-05-01 2024-04-30 10143614 frs-core:PlantMachinery 2023-04-30 10143614 frs-core:ShareCapital 2024-04-30 10143614 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 10143614 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 10143614 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 10143614 frs-bus:SmallEntities 2023-05-01 2024-04-30 10143614 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 10143614 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 10143614 frs-bus:Director1 2023-05-01 2024-04-30 10143614 frs-countries:EnglandWales 2023-05-01 2024-04-30 10143614 2022-04-30 10143614 2023-04-30 10143614 2022-05-01 2023-04-30 10143614 frs-core:CurrentFinancialInstruments 2023-04-30 10143614 frs-core:ShareCapital 2023-04-30 10143614 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30
Registered number: 10143614
Indoor-Outdoor Spaces Ltd
Unaudited Financial Statements
For The Year Ended 30 April 2024
Gregory Priestley & Stewart
Contents
Page
Company Information 1
Statement of Financial Position 2—3
Notes to the Financial Statements 4—5
Page 1
Company Information
Director Mr Jonathan Bromhead
Company Number 10143614
Registered Office Units 1-4 Enterprise Place, Enterprise Close,
Burma Road,
Blidworth
Nottinghamshire
NG21 0RT
Accountants Gregory Priestley & Stewart
Chartered Accountants
123 Priestsic Road
Sutton In Ashfield
Nottinghamshire
NG17 4EA
Page 1
Page 2
Statement of Financial Position
Registered number: 10143614
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 18,817 28,448
18,817 28,448
CURRENT ASSETS
Debtors 5 1,779 1,722
Cash at bank and in hand 616 1,625
2,395 3,347
Creditors: Amounts Falling Due Within One Year 6 (82,953 ) (82,564 )
NET CURRENT ASSETS (LIABILITIES) (80,558 ) (79,217 )
TOTAL ASSETS LESS CURRENT LIABILITIES (61,741 ) (50,769 )
NET LIABILITIES (61,741 ) (50,769 )
CAPITAL AND RESERVES
Called up share capital 7 150 150
Income Statement (61,891 ) (50,919 )
SHAREHOLDERS' FUNDS (61,741) (50,769)
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For the year ending 30 April 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 Income Statement.
On behalf of the board
Mr Jonathan Bromhead
Director
17/07/2024
The notes on pages 4 to 5 form part of these financial statements.
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Page 4
Notes to the Financial Statements
1. General Information
Indoor-Outdoor Spaces Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10143614 . The registered office is Units 1-4 Enterprise Place, Enterprise Close,, Burma Road,, Blidworth, Nottinghamshire, NG21 0RT.
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 accounts have been prepared on a going concern basis. This may not be appropriate as the company had a balance sheet deficit of £61,741 at 30th April 2024 (2023: £50,769). The company is therefore dependent on the continued support of its associated company. Should this support be withdrawn and the company be unable to continue trading, adjustments would have to be made to reduce the value of the assets and their net realisable value and to provide any further liabilities which might arise.
2.3. 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:
Plant & Machinery 23% reducing balance
Fixtures & Fittings 20%-23% reducing balance
2.4. Financial Instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties.
2.5. Debtors and creditors
Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.
Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Total
£ £ £
Cost
As at 1 May 2023 156 48,326 48,482
As at 30 April 2024 156 48,326 48,482
Depreciation
As at 1 May 2023 101 19,933 20,034
Provided during the period 13 9,618 9,631
As at 30 April 2024 114 29,551 29,665
Net Book Value
As at 30 April 2024 42 18,775 18,817
As at 1 May 2023 55 28,393 28,448
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5. Debtors
2024 2023
£ £
Due within one year
Trade debtors - 95
Other debtors 1,779 1,627
1,779 1,722
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other creditors 82,953 82,564
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 150 150
8. Directors Advances, Credits and Guarantees
At the balance sheet date, the directors were owed £2,945 (2023: £2945) by the company.
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