Acorah Software Products - Accounts Production 15.0.600 false true true false 16 October 2022 31 October 2023 31 October 2023 SC747457 Mr Kieran Woods Mr Adam Alzadjally Mr Stewart Weir iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC747457 2022-10-15 SC747457 2023-10-31 SC747457 2022-10-16 2023-10-31 SC747457 frs-core:CurrentFinancialInstruments 2023-10-31 SC747457 frs-core:ShareCapital 2023-10-31 SC747457 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31 SC747457 frs-bus:PrivateLimitedCompanyLtd 2022-10-16 2023-10-31 SC747457 frs-bus:FilletedAccounts 2022-10-16 2023-10-31 SC747457 frs-bus:SmallEntities 2022-10-16 2023-10-31 SC747457 frs-bus:AuditExempt-NoAccountantsReport 2022-10-16 2023-10-31 SC747457 frs-bus:SmallCompaniesRegimeForAccounts 2022-10-16 2023-10-31 SC747457 frs-bus:Director1 2022-10-16 2023-10-31 SC747457 frs-bus:Director2 2022-10-16 2023-10-31 SC747457 frs-bus:Director3 2022-10-16 2023-10-31 SC747457 frs-countries:Scotland 2022-10-16 2023-10-31
Registered number: SC747457
Bandits Inc. Ltd
Financial Statements
For the Period 16 October 2022 to 31 October 2023
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2
Page 1
Balance Sheet
Registered number: SC747457
31 October 2023
Notes £ £
CURRENT ASSETS
Stocks 4 22,047
Debtors 5 6,066
Cash at bank and in hand 7,639
35,752
Creditors: Amounts Falling Due Within One Year 6 (30,017 )
NET CURRENT ASSETS (LIABILITIES) 5,735
TOTAL ASSETS LESS CURRENT LIABILITIES 5,735
NET ASSETS 5,735
CAPITAL AND RESERVES
Called up share capital 7 12,000
Profit and Loss Account (6,265 )
SHAREHOLDERS' FUNDS 5,735
For the period ending 31 October 2023 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 Kieran Woods
Director
Mr Adam Alzadjally
Director
Mr Stewart Weir
Director
09/10/2024
The notes on page 2 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Bandits Inc. Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC747457 . The registered office is Flat 1 22 Speirs Wharf, Glasgow, G4 9TB.
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 directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
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.
3. Average Number of Employees
Average number of employees, including directors, during the period was: NIL
-
4. Stocks
31 October 2023
£
Stock 22,047
5. Debtors
31 October 2023
£
Due within one year
VAT 6,066
6. Creditors: Amounts Falling Due Within One Year
31 October 2023
£
Trade creditors 11,385
Other creditors 5,260
Accruals and deferred income 400
Directors' loan accounts 12,972
30,017
7. Share Capital
31 October 2023
£
Allotted, Called up and fully paid 12,000
Page 2