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 03866124 Mr David Martin Mrs Theresa Martin iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 03866124 2023-03-31 03866124 2024-03-31 03866124 2023-04-01 2024-03-31 03866124 frs-core:CurrentFinancialInstruments 2024-03-31 03866124 frs-core:ComputerEquipment 2024-03-31 03866124 frs-core:ComputerEquipment 2023-04-01 2024-03-31 03866124 frs-core:ComputerEquipment 2023-03-31 03866124 frs-core:ShareCapital 2024-03-31 03866124 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 03866124 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 03866124 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 03866124 frs-bus:SmallEntities 2023-04-01 2024-03-31 03866124 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 03866124 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 03866124 frs-bus:Director1 2023-04-01 2024-03-31 03866124 frs-bus:CompanySecretary1 2023-04-01 2024-03-31 03866124 frs-countries:EnglandWales 2023-04-01 2024-03-31 03866124 2022-03-31 03866124 2023-03-31 03866124 2022-04-01 2023-03-31 03866124 frs-core:CurrentFinancialInstruments 2023-03-31 03866124 frs-core:ShareCapital 2023-03-31 03866124 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 03866124
Ether Solutions Ltd
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: 03866124
2024 2023
Notes £ £ £ £
FIXED ASSETS
CURRENT ASSETS
Debtors 5 71,169 86,635
Cash at bank and in hand 289,604 354,512
360,773 441,147
Creditors: Amounts Falling Due Within One Year 6 (37,146 ) (37,564 )
NET CURRENT ASSETS (LIABILITIES) 323,627 403,583
TOTAL ASSETS LESS CURRENT LIABILITIES 323,627 403,583
NET ASSETS 323,627 403,583
CAPITAL AND RESERVES
Called up share capital 7 36,751 36,751
Profit and Loss Account 286,876 366,832
SHAREHOLDERS' FUNDS 323,627 403,583
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 David Martin
Director
22/10/2024
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
Ether Solutions Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 03866124 . The registered office is 188 Wendover Road, Weston Turville, Aylesbury, Buckinghamshire, HP22 5TG.
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 represents the amounts receivable for licences and services supplied by the company. net of Value Added Tax and trade discounts.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less depreciation. 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 basis:
Computer Equipment 100% on cost
2.4. Stocks and Work in Progress
Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.5. Government Grant
Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.
Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.
Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.
All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 April 2023 51,649
As at 31 March 2024 51,649
Depreciation
As at 1 April 2023 51,649
As at 31 March 2024 51,649
Net Book Value
As at 31 March 2024 -
As at 1 April 2023 -
Page 2
Page 3
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 69,944 85,557
Prepayments and accrued income 1,225 1,078
71,169 86,635
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 23,847 3,563
Other taxes and social security 1,974 2,067
VAT 8,593 20,793
Other creditors 2,632 11,041
Accruals and deferred income 100 100
37,146 37,564
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 36,751 36,751
Page 3