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 12386671 Mr Adedimeji Aina-Marshal iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12386671 2023-01-31 12386671 2024-01-31 12386671 2023-02-01 2024-01-31 12386671 frs-core:CurrentFinancialInstruments 2024-01-31 12386671 frs-core:Non-currentFinancialInstruments 2024-01-31 12386671 frs-core:ShareCapital 2024-01-31 12386671 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 12386671 frs-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 12386671 frs-bus:FilletedAccounts 2023-02-01 2024-01-31 12386671 frs-bus:SmallEntities 2023-02-01 2024-01-31 12386671 frs-bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 12386671 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 12386671 frs-bus:Director1 2023-02-01 2024-01-31 12386671 frs-core:CurrentFinancialInstruments 1 2024-01-31 12386671 frs-countries:EnglandWales 2023-02-01 2024-01-31 12386671 2022-01-31 12386671 2023-01-31 12386671 2022-02-01 2023-01-31 12386671 frs-core:CurrentFinancialInstruments 2023-01-31 12386671 frs-core:Non-currentFinancialInstruments 2023-01-31 12386671 frs-core:ShareCapital 2023-01-31 12386671 frs-core:RetainedEarningsAccumulatedLosses 2023-01-31 12386671 frs-core:CurrentFinancialInstruments 1 2023-01-31
Registered number: 12386671
Spuntaneous Investments Ltd
Unaudited ABRIDGED Financial Statements
For The Year Ended 31 January 2024
Property Accounts Limited
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2
Page 1
Balance Sheet
Registered number: 12386671
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Stocks 4 485,495 393,717
Cash at bank and in hand - 1,540
485,495 395,257
Creditors: Amounts Falling Due Within One Year 5 (474,901 ) (382,962 )
NET CURRENT ASSETS (LIABILITIES) 10,594 12,295
TOTAL ASSETS LESS CURRENT LIABILITIES 10,594 12,295
Creditors: Amounts Falling Due After More Than One Year 6 (20,000 ) (20,000 )
NET LIABILITIES (9,406 ) (7,705 )
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account (9,506 ) (7,805 )
SHAREHOLDERS' FUNDS (9,406) (7,705)
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
Mr Adedimeji Aina-Marshal
Director
18/10/2024
The notes on page 2 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Spuntaneous Investments Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12386671 . The registered office is C/O Property Accounts Limited, 59 Castle Street, Reading, RG1 7SN.
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. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Stocks
2024 2023
£ £
Work in progress 485,495 393,717
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Bank loans and overdrafts 321 -
Bridging loan 283,132 213,750
Director's loan account 146,472 122,633
Amounts owed to related parties 44,976 46,579
474,901 382,962
6. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Other creditors 20,000 20,000
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
8. Related Party Transactions
Related part transactions include (to)/from:
£(44,976) (2023: £(46,579)) owed to Marshall and Dein Media Group Ltd where Adedimeji Aina-Marshall is a shareholder.
Page 2