Acorah Software Products - Accounts Production 15.0.600 false true 31 July 2023 1 August 2022 false 1 August 2023 31 July 2024 31 July 2024 13522548 Dr S J Welham iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13522548 2023-07-31 13522548 2024-07-31 13522548 2023-08-01 2024-07-31 13522548 frs-core:CurrentFinancialInstruments 2024-07-31 13522548 frs-core:ComputerEquipment 2023-08-01 2024-07-31 13522548 frs-core:PlantMachinery 2024-07-31 13522548 frs-core:PlantMachinery 2023-08-01 2024-07-31 13522548 frs-core:PlantMachinery 2023-07-31 13522548 frs-core:ShareCapital 2024-07-31 13522548 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 13522548 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 13522548 frs-bus:FilletedAccounts 2023-08-01 2024-07-31 13522548 frs-bus:SmallEntities 2023-08-01 2024-07-31 13522548 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 13522548 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 13522548 frs-bus:Director1 2023-08-01 2024-07-31 13522548 frs-countries:EnglandWales 2023-08-01 2024-07-31 13522548 2022-07-31 13522548 2023-07-31 13522548 2022-08-01 2023-07-31 13522548 frs-core:CurrentFinancialInstruments 2023-07-31 13522548 frs-core:ShareCapital 2023-07-31 13522548 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31
Registered number: 13522548
Stats4Biol Consultancy Limited
Unaudited Financial Statements
For The Year Ended 31 July 2024
Paul Ng & Associates
15 Halifax Way
Welwyn Garden City
Hertfordshire
AL72QH
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 13522548
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 2,573 286
2,573 286
CURRENT ASSETS
Debtors 5 6,084 14,381
Cash at bank and in hand 10,687 15,018
16,771 29,399
Creditors: Amounts Falling Due Within One Year 6 (2,945 ) (6,120 )
NET CURRENT ASSETS (LIABILITIES) 13,826 23,279
TOTAL ASSETS LESS CURRENT LIABILITIES 16,399 23,565
PROVISIONS FOR LIABILITIES
Deferred Taxation (490 ) (55 )
NET ASSETS 15,909 23,510
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account 15,809 23,410
SHAREHOLDERS' FUNDS 15,909 23,510
Page 1
Page 2
For the year ending 31 July 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 her 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
Dr S J Welham
Director
17/10/2024
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Stats4Biol Consultancy Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13522548 . The registered office is 31 Longcroft Lane, Welwyn Garden City, Hertfordshire, AL8 6EB.
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. Significant judgements and estimations
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported for assets and liabilities as at the balance sheet date and the amounts reported for revenues and expenses during the year. However, the nature of estimation means that actual outcomes could differ from those estimates. In the Director's opinion, there are no significant judgements or key sources of estimation uncertainty.
2.3. Turnover
Turnover is recognised to the extent that the company obtains the right to consideration in exchange for its performance. Turnover is
measured at the fair value of the consideration received or receivable and represents the amount receivable for sales of goods and
services rendered, net of discounts, rebates and value added tax.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Computer Equipment 33.33% on cost
2.5. Financial Instruments
The company only enters into basic financial instruments that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.
Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Profit and Loss Account.
Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
2.6. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.7. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
...CONTINUED
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2.7. Taxation - continued
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
2.8. Pensions
The company contributes to a director's personal defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Tangible Assets
Plant & Machinery etc.
£
Cost
As at 1 August 2023 858
Additions 3,860
As at 31 July 2024 4,718
Depreciation
As at 1 August 2023 572
Provided during the period 1,573
As at 31 July 2024 2,145
Net Book Value
As at 31 July 2024 2,573
As at 1 August 2023 286
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 3,564 13,628
Other debtors 2,520 753
6,084 14,381
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other creditors 1,409 941
Taxation and social security 1,536 5,179
2,945 6,120
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Page 5
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
8. Directors Advances, Credits and Guarantees
Dividends paid to directors
2024 2023
£ £
Dr S J Welham 8,160 11,220
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