Acorah Software Products - Accounts Production 16.0.110 false true 31 January 2023 1 February 2022 false 1 February 2023 31 January 2024 31 January 2024 09210977 Mr Andrei Galita Mr A Galita true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09210977 2023-01-31 09210977 2024-01-31 09210977 2023-02-01 2024-01-31 09210977 frs-core:CurrentFinancialInstruments 2024-01-31 09210977 frs-core:Non-currentFinancialInstruments 2024-01-31 09210977 frs-core:ComputerEquipment 2024-01-31 09210977 frs-core:ComputerEquipment 2023-02-01 2024-01-31 09210977 frs-core:ComputerEquipment 2023-01-31 09210977 frs-core:PlantMachinery 2024-01-31 09210977 frs-core:PlantMachinery 2023-02-01 2024-01-31 09210977 frs-core:PlantMachinery 2023-01-31 09210977 frs-core:ShareCapital 2024-01-31 09210977 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 09210977 frs-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 09210977 frs-bus:FilletedAccounts 2023-02-01 2024-01-31 09210977 frs-bus:SmallEntities 2023-02-01 2024-01-31 09210977 frs-bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 09210977 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 09210977 1 2023-02-01 2024-01-31 09210977 frs-bus:Director1 2023-02-01 2024-01-31 09210977 frs-countries:EnglandWales 2023-02-01 2024-01-31 09210977 2022-01-31 09210977 2023-01-31 09210977 2022-02-01 2023-01-31 09210977 frs-core:CurrentFinancialInstruments 2023-01-31 09210977 frs-core:Non-currentFinancialInstruments 2023-01-31 09210977 frs-core:ShareCapital 2023-01-31 09210977 frs-core:RetainedEarningsAccumulatedLosses 2023-01-31
Registered number: 09210977
GalitaAndrei Ltd
Unaudited Financial Statements
For The Year Ended 31 January 2024
E Johnson & Associates Ltd
637 Green Lanes
London
N8 0RE
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 09210977
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 638 850
638 850
CURRENT ASSETS
Debtors 5 7,948 14,948
Cash at bank and in hand 1 34
7,949 14,982
Creditors: Amounts Falling Due Within One Year 6 (7,167 ) (7,534 )
NET CURRENT ASSETS (LIABILITIES) 782 7,448
TOTAL ASSETS LESS CURRENT LIABILITIES 1,420 8,298
Creditors: Amounts Falling Due After More Than One Year 7 (12,567 ) (18,229 )
NET LIABILITIES (11,147 ) (9,931 )
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account (11,247 ) (10,031 )
SHAREHOLDERS' FUNDS (11,147) (9,931)
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 Andrei Galita
Director
31st 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
GalitaAndrei Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09210977 . The registered office is 35 Avenue Road, London, N14 4DA.
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.
The financial statement has been prepared on the going concern basis.This assumes that the company will continue in
operational existence for the foreseeable future .
At the year end 31 January 2024 the company's liabilities exceeded its assets.The director of the company has
assurance in place to support the company financially and does not intend to withdraw his support of the company in
the next twelve month.
The director therefore deemed it appropriate for the financial statements to be prepared on the going concern basis.
2.2. 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% on reducing balance
Computer Equipment 25% on reducing balance
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: 1)
- 1
4. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 1 February 2023 757 1,650 2,407
As at 31 January 2024 757 1,650 2,407
Depreciation
As at 1 February 2023 517 1,040 1,557
Provided during the period 60 152 212
As at 31 January 2024 577 1,192 1,769
Net Book Value
As at 31 January 2024 180 458 638
As at 1 February 2023 240 610 850
5. Debtors
2024 2023
£ £
Due within one year
Other debtors 7,948 14,948
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6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 50 -
Bank loans and overdrafts 6,250 6,250
Other creditors 867 1,284
7,167 7,534
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 12,567 18,229
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
9. Related Party Transactions
During the year, no dividend was paid to the director.
10. Ultimate Controlling Party
The company's ultimate controlling party is Mr A Galita by virtue of his ownership of 100% of the issued share capital in the company.
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