Acorah Software Products - Accounts Production 15.0.600 false true 31 July 2022 1 August 2021 false 1 August 2022 31 July 2023 31 July 2023 12751147 Mr Adeyemi Osindero Mr Omamogho Binitie iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12751147 2022-07-31 12751147 2023-07-31 12751147 2022-08-01 2023-07-31 12751147 frs-core:CurrentFinancialInstruments 2023-07-31 12751147 frs-core:ShareCapital 2023-07-31 12751147 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31 12751147 frs-bus:PrivateLimitedCompanyLtd 2022-08-01 2023-07-31 12751147 frs-bus:FilletedAccounts 2022-08-01 2023-07-31 12751147 frs-bus:SmallEntities 2022-08-01 2023-07-31 12751147 frs-bus:AuditExempt-NoAccountantsReport 2022-08-01 2023-07-31 12751147 frs-bus:SmallCompaniesRegimeForAccounts 2022-08-01 2023-07-31 12751147 frs-bus:Director1 2022-08-01 2023-07-31 12751147 frs-bus:Director2 2022-08-01 2023-07-31 12751147 frs-countries:EnglandWales 2022-08-01 2023-07-31 12751147 2021-07-31 12751147 2022-07-31 12751147 2021-08-01 2022-07-31 12751147 frs-core:CurrentFinancialInstruments 2022-07-31 12751147 frs-core:ShareCapital 2022-07-31 12751147 frs-core:RetainedEarningsAccumulatedLosses 2022-07-31
Registered number: 12751147
Cowrie Road Ltd
Financial Statements
For The Year Ended 31 July 2023
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 12751147
2023 2022
Notes £ £ £ £
CURRENT ASSETS
Stocks - 4,004
Debtors 4 20,399 21,560
20,399 25,564
Creditors: Amounts Falling Due Within One Year 5 (3,115 ) (3,301 )
NET CURRENT ASSETS (LIABILITIES) 17,284 22,263
TOTAL ASSETS LESS CURRENT LIABILITIES 17,284 22,263
NET ASSETS 17,284 22,263
CAPITAL AND RESERVES
Called up share capital 6 27,001 27,001
Profit and Loss Account (9,717 ) (4,738 )
SHAREHOLDERS' FUNDS 17,284 22,263
Page 1
Page 2
For the year ending 31 July 2023 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 Omamogho Binitie
Director
1 October 2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Cowrie Road Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12751147 . The registered office is Damer House, Meadow Way, Wickford, Essex, SS12 9HA.
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 taxes, and other similar allowances.
2.3. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.4. Taxation
Taxation represents the sum of the tax currently payable and deferred tax.
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. 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.
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.
3. Average Number of Employees
The average number of employees, including directors, during the year was as follows: 2 (2022: 2)
2 2
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Page 4
4. Debtors
2023 2022
£ £
Due within one year
Trade debtors 5,282 6,443
Other debtors 15,117 15,117
20,399 21,560
5. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Other creditors 3,115 3,301
6. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 27,001 27,001
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