Acorah Software Products - Accounts Production 15.0.600 false true 30 October 2022 1 November 2021 false 31 October 2022 30 October 2023 30 October 2023 09813622 Mr Paul Shorey iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09813622 2022-10-30 09813622 2023-10-30 09813622 2022-10-31 2023-10-30 09813622 frs-core:CurrentFinancialInstruments 2023-10-30 09813622 frs-core:FurnitureFittings 2023-10-30 09813622 frs-core:FurnitureFittings 2022-10-31 2023-10-30 09813622 frs-core:FurnitureFittings 2022-10-30 09813622 frs-core:ShareCapital 2023-10-30 09813622 frs-core:RetainedEarningsAccumulatedLosses 2023-10-30 09813622 frs-bus:PrivateLimitedCompanyLtd 2022-10-31 2023-10-30 09813622 frs-bus:FilletedAccounts 2022-10-31 2023-10-30 09813622 frs-bus:SmallEntities 2022-10-31 2023-10-30 09813622 frs-bus:AuditExempt-NoAccountantsReport 2022-10-31 2023-10-30 09813622 frs-bus:SmallCompaniesRegimeForAccounts 2022-10-31 2023-10-30 09813622 frs-bus:Director1 2022-10-31 2023-10-30 09813622 frs-countries:EnglandWales 2022-10-31 2023-10-30 09813622 2021-10-31 09813622 2022-10-30 09813622 2021-11-01 2022-10-30 09813622 frs-core:CurrentFinancialInstruments 2022-10-30 09813622 frs-core:ShareCapital 2022-10-30 09813622 frs-core:RetainedEarningsAccumulatedLosses 2022-10-30
Registered number: 09813622
Shorecom Limited
Unaudited Financial Statements
For The Year Ended 30 October 2023
LR Accountancy & Business Services Ltd
Suite 76, 2 Cromar Way
Chelmsford
Essex
CM1 2QE
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 09813622
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 246 308
246 308
CURRENT ASSETS
Debtors 5 1,318 520
Cash at bank and in hand 762 1,167
2,080 1,687
Creditors: Amounts Falling Due Within One Year 6 (2,217 ) (850 )
NET CURRENT ASSETS (LIABILITIES) (137 ) 837
TOTAL ASSETS LESS CURRENT LIABILITIES 109 1,145
NET ASSETS 109 1,145
CAPITAL AND RESERVES
Called up share capital 7 1 1
Profit and Loss Account 108 1,144
SHAREHOLDERS' FUNDS 109 1,145
Page 1
Page 2
For the year ending 30 October 2023 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 Paul Shorey
Director
30 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
Shorecom Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09813622 . The registered office is 36 Palmers Way , Langdon Hills, Basildon, Essex, SS16 5LW.
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:
Fixtures & Fittings 20% reducing balance basis
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2022: 1)
1 1
4. Tangible Assets
Fixtures & Fittings
£
Cost
As at 31 October 2022 533
As at 30 October 2023 533
Depreciation
As at 31 October 2022 225
Provided during the period 62
As at 30 October 2023 287
Net Book Value
As at 30 October 2023 246
As at 31 October 2022 308
Page 3
Page 4
5. Debtors
2023 2022
£ £
Due within one year
Trade debtors 1,318 520
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 38 -
Director's loan account 2,179 850
2,217 850
7. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 1 1
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