Acorah Software Products - Accounts Production 15.0.600 false true true false 2 February 2023 31 March 2024 31 March 2024 14633966 Mr Timothy Hawkins Mr Paul Mullett iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14633966 2023-02-01 14633966 2024-03-31 14633966 2023-02-02 2024-03-31 14633966 frs-core:ShareCapital 2024-03-31 14633966 frs-bus:PrivateLimitedCompanyLtd 2023-02-02 2024-03-31 14633966 frs-bus:FilletedAccounts 2023-02-02 2024-03-31 14633966 frs-bus:SmallEntities 2023-02-02 2024-03-31 14633966 frs-bus:AuditExempt-NoAccountantsReport 2023-02-02 2024-03-31 14633966 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-02 2024-03-31 14633966 frs-bus:OrdinaryShareClass1 2023-02-02 2024-03-31 14633966 frs-bus:OrdinaryShareClass1 2024-03-31 14633966 frs-bus:Director1 2023-02-02 2024-03-31 14633966 frs-bus:Director2 2023-02-02 2024-03-31 14633966 frs-countries:EnglandWales 2023-02-02 2024-03-31
Registered number: 14633966
National Asset Storage Ltd
Financial Statements
For the Period 2 February 2023 to 31 March 2024
Fruition Accountancy Limited
Unit 4 Three Spires House, Station Road
Lichfield
WS13 6HX
Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 14633966
31 March 2024
Notes £ £
CURRENT ASSETS
Debtors 4 67,818
Cash at bank and in hand 2,815
70,633
Creditors: Amounts Falling Due Within One Year 5 (70,631 )
NET CURRENT ASSETS (LIABILITIES) 2
TOTAL ASSETS LESS CURRENT LIABILITIES 2
NET ASSETS 2
CAPITAL AND RESERVES
Called up share capital 6 2
SHAREHOLDERS' FUNDS 2
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Page 2
For the period 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 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 Paul Mullett
Director
16th October 2024
The notes on pages 3 to 4 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
National Asset Storage Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14633966 . The registered office is Unit 4a-4c Drummond Road, Astonfields Industrial Estate, Stafford, Staffordshire, ST16 3HJ.
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 as the company is being supported by it's directors.
2.3. 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.
3. Average Number of Employees
Average number of employees, including directors, during the period was: NIL
-
4. Debtors
31 March 2024
£
Due within one year
Other debtors 67,818
67,818
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5. Creditors: Amounts Falling Due Within One Year
31 March 2024
£
Other creditors 70,631
70,631
6. Share Capital
31 March 2024
Allotted, called up and fully paid £
2 Ordinary Shares of £ 1.00 each 2
7. Related Party Transactions
During the year there were net recharges to related companies totalling £55,058. At the Balance Sheet date the amount outstanding was £15,306.
As at the Balance Sheet date the company owed the directors £57,398.
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