Acorah Software Products - Accounts Production 15.0.600 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 07131890 Mr Ian Frost Mr Ian Frost Mr I Frost true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07131890 2023-03-31 07131890 2024-03-31 07131890 2023-04-01 2024-03-31 07131890 frs-core:CurrentFinancialInstruments 2024-03-31 07131890 frs-core:OtherResidualIntangibleAssets 2024-03-31 07131890 frs-core:OtherResidualIntangibleAssets 2023-03-31 07131890 frs-core:ShareCapital 2024-03-31 07131890 frs-core:RetainedEarningsAccumulatedLosses 2023-04-01 2024-03-31 07131890 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 07131890 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 07131890 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 07131890 frs-bus:SmallEntities 2023-04-01 2024-03-31 07131890 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 07131890 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 07131890 1 2023-04-01 2024-03-31 07131890 frs-bus:Director1 2023-04-01 2024-03-31 07131890 frs-bus:CompanySecretary1 2023-04-01 2024-03-31 07131890 frs-countries:EnglandWales 2023-04-01 2024-03-31 07131890 2022-03-31 07131890 2023-03-31 07131890 2022-04-01 2023-03-31 07131890 frs-core:CurrentFinancialInstruments 2023-03-31 07131890 frs-core:ShareCapital 2022-03-31 07131890 frs-core:ShareCapital 2023-03-31 07131890 frs-core:RetainedEarningsAccumulatedLosses 2022-04-01 2023-03-31 07131890 frs-core:RetainedEarningsAccumulatedLosses frs-core:PreviouslyStatedAmount 2022-03-31 07131890 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 07131890
I.T. Frost Limited
Financial Statements
For The Year Ended 31 March 2024
Arthur G Edwards & Co Limited
Chartered Certified Accountants
Alexandra House
74 Moorland Road
Stoke-on-Trent
Staffs
ST6 1DY
Contents
Page
Balance Sheet 1—2
Statement of Changes in Equity 3
Notes to the Financial Statements 4—5
Page 1
Balance Sheet
Registered number: 07131890
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 19,794 19,794
19,794 19,794
CURRENT ASSETS
Cash at bank and in hand 51,364 19,326
51,364 19,326
Creditors: Amounts Falling Due Within One Year 6 (53,807 ) (21,412 )
NET CURRENT ASSETS (LIABILITIES) (2,443 ) (2,086 )
TOTAL ASSETS LESS CURRENT LIABILITIES 17,351 17,708
NET ASSETS 17,351 17,708
CAPITAL AND RESERVES
Called up share capital 7 1 1
Profit and Loss Account 17,350 17,707
SHAREHOLDERS' FUNDS 17,351 17,708
Page 1
Page 2
For the year ending 31 March 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 Ian Frost
Director
05/07/2024
The notes on pages 4 to 5 form part of these financial statements.
Page 2
Page 3
Statement of Changes in Equity
Share Capital Profit and Loss Account Total
£ £ £
As at 1 April 2022 1 46,326 46,327
Loss for the year and total comprehensive income - (10,119 ) (10,119)
Dividends paid - (18,500) (18,500)
As at 31 March 2023 and 1 April 2023 1 17,707 17,708
Loss for the year and total comprehensive income - (357 ) (357)
As at 31 March 2024 1 17,350 17,351
Page 3
Page 4
Notes to the Financial Statements
1. General Information
I.T. Frost Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07131890 . The registered office is Alexandra House, 74 Moorland Road, Stoke-on-Trent, Staffs, ST6 1DY.
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. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Intangible Assets
Other
£
Cost
As at 1 April 2023 19,794
As at 31 March 2024 19,794
Net Book Value
As at 31 March 2024 19,794
As at 1 April 2023 19,794
Other Intangible Assets relate to a Franchise Licence.
5. Debtors
2024 2023
£ £
Due within one year
Page 4
Page 5
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors - (1 )
Corporation tax (373 ) (373 )
Other taxes and social security - 71
Accruals and deferred income 930 882
Director's loan account 53,250 20,833
53,807 21,412
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
8. Ultimate Controlling Party
The company's ultimate controlling party is Mr I Frost by virtue of his ownership of 100% of the issued share capital in the company.
Page 5