Acorah Software Products - Accounts Production 15.0.600 false true 28 February 2023 1 March 2022 false 1 March 2023 29 February 2024 29 February 2024 8234520 Mrs Ann Tang Mrs Qing Xia iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 8234520 2023-02-28 8234520 2024-02-29 8234520 2023-03-01 2024-02-29 8234520 frs-core:Non-currentFinancialInstruments 2024-02-29 8234520 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-03-01 2024-02-29 8234520 frs-core:RevaluationReserve 2024-02-29 8234520 frs-core:SharePremium 2024-02-29 8234520 frs-core:ShareCapital 2024-02-29 8234520 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29 8234520 frs-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 8234520 frs-bus:FilletedAccounts 2023-03-01 2024-02-29 8234520 frs-bus:SmallEntities 2023-03-01 2024-02-29 8234520 frs-bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-29 8234520 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-29 8234520 frs-bus:Director1 2023-03-01 2024-02-29 8234520 frs-bus:Director2 2023-03-01 2024-02-29 8234520 frs-countries:EnglandWales 2023-03-01 2024-02-29 8234520 2022-02-28 8234520 2023-02-28 8234520 2022-03-01 2023-02-28 8234520 frs-core:Non-currentFinancialInstruments 2023-02-28 8234520 frs-core:RevaluationReserve 2023-02-28 8234520 frs-core:SharePremium 2023-02-28 8234520 frs-core:ShareCapital 2023-02-28 8234520 frs-core:RetainedEarningsAccumulatedLosses 2023-02-28
Registered number: 8234520
PROJECT ELEMENTARY LIMITED
Financial Statements
For The Year Ended 29 February 2024
Nice Accounting
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3
Page 1
Balance Sheet
Registered number: 8234520
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 6,796,787 6,791,787
6,796,787 6,791,787
CURRENT ASSETS
Debtors - 5,000
Cash at bank and in hand 32,395 23,338
32,395 28,338
Creditors: Amounts Falling Due Within One Year (38,525 ) (45,872 )
NET CURRENT ASSETS (LIABILITIES) (6,130 ) (17,534 )
TOTAL ASSETS LESS CURRENT LIABILITIES 6,790,657 6,774,253
Creditors: Amounts Falling Due After More Than One Year (2,978,485 ) (3,001,560 )
NET ASSETS 3,812,172 3,772,693
CAPITAL AND RESERVES
Called up share capital 4 4,126 4,126
Share premium account 2,530,243 2,530,243
Revaluation reserve 1,184,798 1,184,798
Profit and Loss Account 93,005 53,526
SHAREHOLDERS' FUNDS 3,812,172 3,772,693
Page 1
Page 2
For the year ending 29 February 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
Mrs Ann Tang
Director
22/10/2024
The notes on page 3 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
PROJECT ELEMENTARY LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 8234520 . The registered office is 3 Abercorn Close, London, NW7 1JG.
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. 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:
Freehold No depreciation
3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2023: 4)
4 4
4. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 4,126 4,126
Page 3