Acorah Software Products - Accounts Production 15.0.600 false true true 31 January 2023 1 February 2022 false 1 February 2023 31 January 2024 31 January 2024 11763757 Mr Stuart Logan iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11763757 2023-01-31 11763757 2024-01-31 11763757 2023-02-01 2024-01-31 11763757 frs-core:CurrentFinancialInstruments 2024-01-31 11763757 frs-core:ComputerEquipment 2024-01-31 11763757 frs-core:ComputerEquipment 2023-02-01 2024-01-31 11763757 frs-core:ComputerEquipment 2023-01-31 11763757 frs-core:PlantMachinery 2024-01-31 11763757 frs-core:PlantMachinery 2023-02-01 2024-01-31 11763757 frs-core:PlantMachinery 2023-01-31 11763757 frs-core:ShareCapital 2024-01-31 11763757 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 11763757 frs-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 11763757 frs-bus:FilletedAccounts 2023-02-01 2024-01-31 11763757 frs-bus:SmallEntities 2023-02-01 2024-01-31 11763757 frs-bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 11763757 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 11763757 frs-bus:Director1 2023-02-01 2024-01-31 11763757 frs-countries:EnglandWales 2023-02-01 2024-01-31 11763757 2022-01-31 11763757 2023-01-31 11763757 2022-02-01 2023-01-31 11763757 frs-core:CurrentFinancialInstruments 2023-01-31 11763757 frs-core:ShareCapital 2023-01-31 11763757 frs-core:RetainedEarningsAccumulatedLosses 2023-01-31
Registered number: 11763757
Unmanned Air Veterans Ltd
Unaudited Financial Statements
For The Year Ended 31 January 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 11763757
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 5,444 7,259
5,444 7,259
CURRENT ASSETS
Debtors 5 3,398 8,300
Cash at bank and in hand 676 481
4,074 8,781
Creditors: Amounts Falling Due Within One Year 6 (33,713 ) (38,340 )
NET CURRENT ASSETS (LIABILITIES) (29,639 ) (29,559 )
TOTAL ASSETS LESS CURRENT LIABILITIES (24,195 ) (22,300 )
NET LIABILITIES (24,195 ) (22,300 )
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account (24,295 ) (22,400 )
SHAREHOLDERS' FUNDS (24,195) (22,300)
Page 1
Page 2
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 Stuart Logan
Director
30/10/2024
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
Unmanned Air Veterans Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11763757 . The registered office is 7 Earnlege Way, Arley, Coventry, CV7 8QF.
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. Going Concern Disclosure
The accounts are drawn up on a going concern basis and are dependant upon the continued support of the director of the company. Creditors include an amount owed to the director of £32,801 and as a result the balance sheet shows an insolvent balance of £24,195 at 31 January 2024. The director has indicated that this amount will not be withdrawn from the company in the twelve months following approval of these accounts.
2.3. 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.
2.4. 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 25%
Computer Equipment 25%
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 1 February 2023 11,003 2,423 13,426
As at 31 January 2024 11,003 2,423 13,426
Depreciation
As at 1 February 2023 4,426 1,741 6,167
Provided during the period 1,644 171 1,815
As at 31 January 2024 6,070 1,912 7,982
Net Book Value
As at 31 January 2024 4,933 511 5,444
As at 1 February 2023 6,577 682 7,259
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5. Debtors
2024 2023
£ £
Due within one year
Trade debtors - 1,260
VAT 3,398 7,040
3,398 8,300
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 12 329
Accruals and deferred income 900 600
Director's loan account 32,801 37,411
33,713 38,340
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
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