Acorah Software Products - Accounts Production 15.0.600 false true 31 January 2023 1 February 2022 false 1 February 2023 31 January 2024 31 January 2024 11173237 F Woolcott iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11173237 2023-01-31 11173237 2024-01-31 11173237 2023-02-01 2024-01-31 11173237 frs-core:CurrentFinancialInstruments 2024-01-31 11173237 frs-core:PlantMachinery 2024-01-31 11173237 frs-core:PlantMachinery 2023-02-01 2024-01-31 11173237 frs-core:PlantMachinery 2023-01-31 11173237 frs-core:ShareCapital 2024-01-31 11173237 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 11173237 frs-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 11173237 frs-bus:FilletedAccounts 2023-02-01 2024-01-31 11173237 frs-bus:SmallEntities 2023-02-01 2024-01-31 11173237 frs-bus:AuditExemptWithAccountantsReport 2023-02-01 2024-01-31 11173237 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 11173237 frs-bus:Director1 2023-02-01 2024-01-31 11173237 frs-countries:EnglandWales 2023-02-01 2024-01-31 11173237 2022-01-31 11173237 2023-01-31 11173237 2022-02-01 2023-01-31 11173237 frs-core:CurrentFinancialInstruments 2023-01-31 11173237 frs-core:ShareCapital 2023-01-31 11173237 frs-core:RetainedEarningsAccumulatedLosses 2023-01-31 11173237 frs-core:CurrentFinancialInstruments 1 2023-01-31
Registered number: 11173237
Off The Kerb Limited
Unaudited Financial Statements
For The Year Ended 31 January 2024
O A George & Co
Chartered Certified Accountants & Statutory Auditors
104 New Cross Road
New Cross
London
SE14 5BA
Contents
Page
Company Information 1
Accountant's Report 2
Balance Sheet 3—4
Notes to the Financial Statements 5—7
Page 1
Company Information
Director F Woolcott
Company Number 11173237
Registered Office 104 New Cross Road
New Cross
London
SE14 5BA
Accountants O A George & Co
Chartered Certified Accountants & Statutory Auditors
104 New Cross Road
New Cross
London
SE14 5BA
Page 1
Page 2
Accountant's Report
In accordance with the engagement letter dated 09 October 2023, and in order to assist you to fulfil your duties under the Companies Act 2006, we have compiled the financial statements of the company from the accounting records and information and explanations you have given to us.
This report is made to the director in accordance with the terms of our engagement. Our work has been undertaken to prepare for approval by the director the financial statements that we have been engaged to compile, to report to the director that we have done so, and to state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and the Company's director for our work or for this report.
You have acknowledged on the balance sheet as at year ended 31 January 2024 your duty to ensure that the company has kept proper accounting records and to prepare financial statements that give a true and fair view under the Companies Act 2006. You consider that the company is exempt from the statutory requirement for an audit for the year.
We have not been instructed to carry out an audit of the financial statements. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
Signed
28 October 2024
O A George & Co
Chartered Certified Accountants & Statutory Auditors
104 New Cross Road
New Cross
London
SE14 5BA
Page 2
Page 3
Balance Sheet
Registered number: 11173237
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 46,753 31,350
46,753 31,350
CURRENT ASSETS
Debtors 5 9,495 2,275
Cash at bank and in hand 12,344 8,527
21,839 10,802
Creditors: Amounts Falling Due Within One Year 6 (38,101 ) (9,872 )
NET CURRENT ASSETS (LIABILITIES) (16,262 ) 930
TOTAL ASSETS LESS CURRENT LIABILITIES 30,491 32,280
NET ASSETS 30,491 32,280
CAPITAL AND RESERVES
Called up share capital 7 1 1
Profit and Loss Account 30,490 32,279
SHAREHOLDERS' FUNDS 30,491 32,280
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Page 4
For the year ending 31 January 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
F Woolcott
Director
28 October 2024
The notes on pages 5 to 7 form part of these financial statements.
Page 4
Page 5
Notes to the Financial Statements
1. General Information
Off The Kerb Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11173237 . The registered office is 104 New Cross Road, New Cross, London, SE14 5BA.
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 is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. 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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. 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:
Plant & Machinery Depreciation - 25% on cost
2.4. 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.
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
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4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 February 2023 58,269
Additions 39,959
As at 31 January 2024 98,228
Depreciation
As at 1 February 2023 26,919
Provided during the period 24,556
As at 31 January 2024 51,475
Net Book Value
As at 31 January 2024 46,753
As at 1 February 2023 31,350
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 685 2,275
VAT 8,810 -
9,495 2,275
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 8,150 3,240
Other loans -MCT 19,000 -
Corporation tax (1,156 ) 1,156
Other creditors -MCT 6,430 -
Capital One Card - 280
Accruals and deferred income 3,644 4,020
Director's loan account 2,033 1,176
38,101 9,872
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
Page 6
Page 7
8. Reserves
                                                                                                                                     Retained
                                                                                                                                      earnings
                                                                                                                                            £
 At 1 February 2023                                                                                                            32,279
 Profit for the year                                                                                                                 (789)
Dividends                                                                                                                          (1,000) 
                                                                                                                                        ---------
  At 31 January 2024                                                                                                           30,490
                                                                                                                                       ======        
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