Acorah Software Products - Accounts Production 15.0.600 true true 31 January 2023 1 February 2022 false 1 February 2023 31 January 2024 31 January 2024 11149488 Prabhjot Paul Tim Hodges Thierry Lemaire iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11149488 2023-01-31 11149488 2024-01-31 11149488 2023-02-01 2024-01-31 11149488 frs-core:ShareCapital 2024-01-31 11149488 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 11149488 frs-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 11149488 frs-bus:AbridgedAccounts 2023-02-01 2024-01-31 11149488 frs-bus:SmallEntities 2023-02-01 2024-01-31 11149488 frs-bus:EntityNoLongerTradingButTradedInPast 2023-02-01 2024-01-31 11149488 frs-bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 11149488 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 11149488 frs-bus:Director1 2023-02-01 2024-01-31 11149488 frs-bus:Director2 2023-02-01 2024-01-31 11149488 frs-bus:Director3 2023-02-01 2024-01-31 11149488 frs-countries:EnglandWales 2023-02-01 2024-01-31 11149488 2022-01-31 11149488 2023-01-31 11149488 2022-02-01 2023-01-31 11149488 frs-core:ShareCapital 2023-01-31 11149488 frs-core:RetainedEarningsAccumulatedLosses 2023-01-31
Registered number: 11149488
Quick Property Sale-UK Ltd
Unaudited ABRIDGED Financial Statements
For The Year Ended 31 January 2024
JMS Accounting Services Ltd
485 Catalyst House
720 Centennial Court, Centennial Park
Elstree
Herfordshire
WD6 3SY
Contents
Page
Abridged Statement of Financial Position 1
Notes to the Abridged Financial Statements 2
Page 1
Abridged Statement of Financial Position
Registered number: 11149488
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Stocks - 460,000
Debtors 32,707 32,707
Cash at bank and in hand 213,400 213,400
246,107 706,107
Creditors: Amounts Falling Due Within One Year (361,703 ) (361,703 )
NET CURRENT ASSETS (LIABILITIES) (115,596 ) 344,404
TOTAL ASSETS LESS CURRENT LIABILITIES (115,596 ) 344,404
NET (LIABILITIES)/ASSETS (115,596 ) 344,404
CAPITAL AND RESERVES
Called up share capital 4 751 751
Income Statement (116,347 ) 343,653
SHAREHOLDERS' FUNDS (115,596) 344,404
For the year ending 31 January 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant 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 Income Statement.
All of the company's members have consented to the preparation of an Abridged Income Statement and an Abridged Statement of Financial Position for the year end 31 January 2024 in accordance with section 444(2A) of the Companies Act 2006.
The financial statements were approved by the board of directors on 4 October 2024 and were signed on its behalf by:
Prabhjot Paul
Director
04/10/2024
The notes on page 2 form part of these financial statements.
Page 1
Page 2
Notes to the Abridged Financial Statements
1. General Information
Quick Property Sale-UK Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11149488 . The registered office is 590 Green Lane, Ilford, IG3 9LW.
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. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.4. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the income statement, directors report, and notes to the financial statements relating to the income statement.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 3)
1 3
4. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 751 751
Page 2