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 06362870 Mr Nigel Ian Brownless Mrs Jayne Brownless iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06362870 2023-03-31 06362870 2024-03-31 06362870 2023-04-01 2024-03-31 06362870 frs-core:CurrentFinancialInstruments 2024-03-31 06362870 frs-core:ShareCapital 2024-03-31 06362870 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 06362870 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 06362870 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 06362870 frs-bus:SmallEntities 2023-04-01 2024-03-31 06362870 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 06362870 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 06362870 frs-bus:Director1 2023-04-01 2024-03-31 06362870 frs-bus:CompanySecretary1 2023-04-01 2024-03-31 06362870 frs-countries:EnglandWales 2023-04-01 2024-03-31 06362870 2022-03-31 06362870 2023-03-31 06362870 2022-04-01 2023-03-31 06362870 frs-core:CurrentFinancialInstruments 2023-03-31 06362870 frs-core:ShareCapital 2023-03-31 06362870 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 06362870
Nibtech Consulting Limited
Unaudited Financial Statements
For The Year Ended 31 March 2024
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 06362870
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 867 674
Cash at bank and in hand 8,487 11,726
9,354 12,400
Creditors: Amounts Falling Due Within One Year 5 (5,233 ) (8,162 )
NET CURRENT ASSETS (LIABILITIES) 4,121 4,238
TOTAL ASSETS LESS CURRENT LIABILITIES 4,121 4,238
NET ASSETS 4,121 4,238
CAPITAL AND RESERVES
Called up share capital 6 2 2
Profit and Loss Account 4,119 4,236
SHAREHOLDERS' FUNDS 4,121 4,238
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 Nigel Ian Brownless
Director
06/08/2024
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Nibtech Consulting Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06362870 . The registered office is 19-21 Manor Road, Caddington, Bedfordshire, LU1 4EE.
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, excluding discounts, rebates,
value added tax and other sales taxes.
2.3. Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that relates to items recognised in other comprehensive income or directly in equity.
Current or deferred taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
2.4. Pensions
The company operates a defined contribution pension scheme. Contributions payable to the company's pension
scheme are charged to profit or loss in the period to which they relate.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Debtors
2024 2023
£ £
Due within one year
Trade debtors 828 605
Prepayments and accrued income 39 69
867 674
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 37 41
Corporation tax 184 -
Accruals and deferred income 1,392 1,481
Director's loan account 3,620 6,640
5,233 8,162
Page 2
Page 3
6. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
Page 3