Acorah Software Products - Accounts Production 15.0.600 false true 31 January 2023 1 February 2022 false 1 February 2023 31 January 2024 31 January 2024 10582866 Mr Scott Bavin iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10582866 2023-01-31 10582866 2024-01-31 10582866 2023-02-01 2024-01-31 10582866 frs-core:CurrentFinancialInstruments 2024-01-31 10582866 frs-core:Non-currentFinancialInstruments 2024-01-31 10582866 frs-core:ShareCapital 2024-01-31 10582866 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 10582866 frs-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 10582866 frs-bus:FilletedAccounts 2023-02-01 2024-01-31 10582866 frs-bus:SmallEntities 2023-02-01 2024-01-31 10582866 frs-bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 10582866 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 10582866 frs-bus:Director1 2023-02-01 2024-01-31 10582866 frs-countries:EnglandWales 2023-02-01 2024-01-31 10582866 2022-01-31 10582866 2023-01-31 10582866 2022-02-01 2023-01-31 10582866 frs-core:CurrentFinancialInstruments 2023-01-31 10582866 frs-core:Non-currentFinancialInstruments 2023-01-31 10582866 frs-core:ShareCapital 2023-01-31 10582866 frs-core:RetainedEarningsAccumulatedLosses 2023-01-31
Registered number: 10582866
QW Development 1 Ltd
Unaudited Financial Statements
For The Year Ended 31 January 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 10582866
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 45,731 48,392
Cash at bank and in hand 616 22
46,347 48,414
Creditors: Amounts Falling Due Within One Year 5 (7,136 ) (7,075 )
NET CURRENT ASSETS (LIABILITIES) 39,211 41,339
TOTAL ASSETS LESS CURRENT LIABILITIES 39,211 41,339
Creditors: Amounts Falling Due After More Than One Year 6 (43,314 ) (43,056 )
NET LIABILITIES (4,103 ) (1,717 )
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account (4,203 ) (1,817 )
SHAREHOLDERS' FUNDS (4,103) (1,717)
Page 1
Page 2
For the year ending 31 January 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 Scott Bavin
Director
10/10/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
QW Development 1 Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10582866 . The registered office is The Old Barn Wood Street, Swanley, BR8 7PA.
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Debtors
2024 2023
£ £
Due within one year
Other debtors 44,639 47,300
VAT 1,092 1,092
45,731 48,392
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 360 299
Bank loans and overdrafts 5,556 5,556
Director's loan account 1,220 1,220
7,136 7,075
6. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 43,314 43,056
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
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8. Related Party Transactions
Included in the Other Creditors is an amount owed to the company director Mr S Bavin totalling £1,220 (2023 - £1,220), no interest is to be charged.
Included in the Other Debtors is an amount of £44,639 owed by Fintech Digital Ltd, a company under the control of the director Mr S Bavin. No repayment terms have been set and no interest is to be charged.
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