Acorah Software Products - Accounts Production 16.0.110 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 10697972 Vikram Parekh Amita Patel iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10697972 2023-03-31 10697972 2024-03-31 10697972 2023-04-01 2024-03-31 10697972 frs-core:CurrentFinancialInstruments 2024-03-31 10697972 frs-core:Non-currentFinancialInstruments 2024-03-31 10697972 frs-core:ComputerEquipment 2024-03-31 10697972 frs-core:ComputerEquipment 2023-04-01 2024-03-31 10697972 frs-core:ComputerEquipment 2023-03-31 10697972 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-03-31 10697972 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 10697972 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-03-31 10697972 frs-core:ShareCapital 2024-03-31 10697972 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 10697972 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 10697972 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 10697972 frs-bus:SmallEntities 2023-04-01 2024-03-31 10697972 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 10697972 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 10697972 frs-bus:Director1 2023-04-01 2024-03-31 10697972 frs-bus:Director2 2023-04-01 2024-03-31 10697972 1 2023-04-01 2024-03-31 10697972 frs-countries:EnglandWales 2023-04-01 2024-03-31 10697972 2022-03-31 10697972 2023-03-31 10697972 2022-04-01 2023-03-31 10697972 frs-core:CurrentFinancialInstruments 2023-03-31 10697972 frs-core:Non-currentFinancialInstruments 2023-03-31 10697972 frs-core:ShareCapital 2023-03-31 10697972 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31 10697972 1 2022-04-01 2023-03-31
Registered number: 10697972
Abode 4 Us Limited
Unaudited Financial Statements
For The Year Ended 31 March 2024
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 10697972
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 3 162,132 162,132
162,132 162,132
CURRENT ASSETS
Cash at bank and in hand 619 2,406
619 2,406
Creditors: Amounts Falling Due Within One Year 4 (130,219 ) (119,563 )
NET CURRENT ASSETS (LIABILITIES) (129,600 ) (117,157 )
TOTAL ASSETS LESS CURRENT LIABILITIES 32,532 44,975
Creditors: Amounts Falling Due After More Than One Year 5 (113,094 ) (115,214 )
NET LIABILITIES (80,562 ) (70,239 )
CAPITAL AND RESERVES
Called up share capital 6 1 1
Profit and Loss Account (80,563 ) (70,240 )
SHAREHOLDERS' FUNDS (80,562) (70,239)
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Page 2
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 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
Amita Patel
Director
19/07/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. Accounting Policies
1.1. 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.
1.2. 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.
1.3. 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:
Freehold NA
Computer Equipment 33.33% Straight Line
2. Average Number of Employees
Average number of employees, including directors, during the year was as follows:
2024 2023
Directors 2 2
2 2
3. Tangible Assets
Land & Property
Freehold Computer Equipment Total
£ £ £
Cost
As at 1 April 2023 162,132 1,565 163,697
As at 31 March 2024 162,132 1,565 163,697
Depreciation
As at 1 April 2023 - 1,565 1,565
As at 31 March 2024 - 1,565 1,565
Net Book Value
As at 31 March 2024 162,132 - 162,132
As at 1 April 2023 162,132 - 162,132
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Page 4
4. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Bank loans and overdrafts 3,732 3,732
Other creditors 1,200 -
Accruals and deferred income 1,296 648
Directors' loan accounts 123,991 115,183
130,219 119,563
5. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 113,094 115,214
113,094 115,214
6. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
7. Related Party Transactions
Mr Vikram Parekh and Mrs Amita Patel are the directors of the company. At the end of the year total amount owed by the
company to the directors are as below :
Vikram Parekh : £116,229
Amita Patel : £7,762
8. General Information
Abode 4 Us Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10697972 . The registered office is 120 Cavendish Place, Eastbourne, East Sussex, BN21 3TZ.
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