Acorah Software Products - Accounts Production 15.0.600 false true 30 June 2023 1 July 2022 false 1 July 2023 30 June 2024 30 June 2024 10815296 Mrs G Holland Mr S Holland Mrs G Holland iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10815296 2023-06-30 10815296 2024-06-30 10815296 2023-07-01 2024-06-30 10815296 frs-core:CurrentFinancialInstruments 2024-06-30 10815296 frs-core:ComputerEquipment 2024-06-30 10815296 frs-core:ComputerEquipment 2023-07-01 2024-06-30 10815296 frs-core:ComputerEquipment 2023-06-30 10815296 frs-core:ShareCapital 2024-06-30 10815296 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 10815296 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 10815296 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 10815296 frs-bus:SmallEntities 2023-07-01 2024-06-30 10815296 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 10815296 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 10815296 frs-bus:Director1 2023-07-01 2024-06-30 10815296 frs-bus:Director2 2023-07-01 2024-06-30 10815296 frs-bus:CompanySecretary1 2023-07-01 2024-06-30 10815296 frs-countries:EnglandWales 2023-07-01 2024-06-30 10815296 2022-06-30 10815296 2023-06-30 10815296 2022-07-01 2023-06-30 10815296 frs-core:CurrentFinancialInstruments 2023-06-30 10815296 frs-core:ShareCapital 2023-06-30 10815296 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30
Registered number: 10815296
Aerocode Consulting Ltd
Unaudited Financial Statements
For The Year Ended 30 June 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 10815296
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,043 1,391
1,043 1,391
CURRENT ASSETS
Debtors 5 11,910 22,162
Cash at bank and in hand 45,337 17,627
57,247 39,789
Creditors: Amounts Falling Due Within One Year 6 (28,282 ) (19,058 )
NET CURRENT ASSETS (LIABILITIES) 28,965 20,731
TOTAL ASSETS LESS CURRENT LIABILITIES 30,008 22,122
PROVISIONS FOR LIABILITIES
Deferred Taxation (232 ) (265 )
NET ASSETS 29,776 21,857
CAPITAL AND RESERVES
Called up share capital 7 2 2
Profit and Loss Account 29,774 21,855
SHAREHOLDERS' FUNDS 29,776 21,857
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For the year ending 30 June 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 S Holland
Director
21 October 2024
The notes on pages 3 to 4 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Aerocode Consulting Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10815296 . The registered office is 20-22 Wenlock Road, London, N1 7GU.
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, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of thecontract. 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.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Office equipment 25% reducing balance
2.4. Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
2.5 Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
2.6 Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2.5. Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2.6. Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
2.7. Dividends
Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.
2.8. Interest income
Interest income is recognised in the profit and loss using the effective interest method
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3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Tangible Assets
Office equipment
£
Cost
As at 1 July 2023 2,662
As at 30 June 2024 2,662
Depreciation
As at 1 July 2023 1,271
Provided during the period 348
As at 30 June 2024 1,619
Net Book Value
As at 30 June 2024 1,043
As at 1 July 2023 1,391
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 24 10,404
Other debtors 11,886 11,758
11,910 22,162
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other creditors 2,018 2,565
Taxation and social security 26,264 16,493
28,282 19,058
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
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