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 10850126 Mr Charlton Strickland Mr Charlton Strickland iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10850126 2023-01-31 10850126 2024-01-31 10850126 2023-02-01 2024-01-31 10850126 frs-core:CurrentFinancialInstruments 2024-01-31 10850126 frs-core:Non-currentFinancialInstruments 2024-01-31 10850126 frs-core:ShareCapital 2024-01-31 10850126 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 10850126 frs-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 10850126 frs-bus:FilletedAccounts 2023-02-01 2024-01-31 10850126 frs-bus:SmallEntities 2023-02-01 2024-01-31 10850126 frs-bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 10850126 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 10850126 frs-bus:Director1 2023-02-01 2024-01-31 10850126 frs-bus:CompanySecretary1 2023-02-01 2024-01-31 10850126 frs-countries:EnglandWales 2023-02-01 2024-01-31 10850126 2022-01-31 10850126 2023-01-31 10850126 2022-02-01 2023-01-31 10850126 frs-core:CurrentFinancialInstruments 2023-01-31 10850126 frs-core:Non-currentFinancialInstruments 2023-01-31 10850126 frs-core:ShareCapital 2023-01-31 10850126 frs-core:RetainedEarningsAccumulatedLosses 2023-01-31
Registered number: 10850126
88 GROUP LTD TRADING AS STRICKLAND & PARTNERS LIMITED
Unaudited Financial Statements
For The Year Ended 31 January 2024
MCas Accounting & Tax Services Ltd
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 10850126
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 158,959 218,081
Cash at bank and in hand 22,292 8,052
181,251 226,133
Creditors: Amounts Falling Due Within One Year 5 (17,408 ) (50,072 )
NET CURRENT ASSETS (LIABILITIES) 163,843 176,061
TOTAL ASSETS LESS CURRENT LIABILITIES 163,843 176,061
Creditors: Amounts Falling Due After More Than One Year 6 (138,273 ) (154,467 )
NET ASSETS 25,570 21,594
CAPITAL AND RESERVES
Called up share capital 7 1 1
Profit and Loss Account 25,569 21,593
SHAREHOLDERS' FUNDS 25,570 21,594
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 Charlton Strickland
Director
30/10/2024
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
88 GROUP LTD TRADING AS STRICKLAND & PARTNERS LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 10850126 . The registered office is 14a Collingwood House 103 New Cavendish Street, London, W1W 6XH.
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Debtors
2024 2023
£ £
Due within one year
Other debtors (135,901) (61,847)
Due after more than one year
Amounts owed by group undertakings 294,860 279,928
158,959 218,081
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 14,382 2,198
Bank loans and overdrafts - 29,232
Other creditors 292 18,642
Taxation and social security 2,734 -
17,408 50,072
6. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 39,804 45,219
Other creditors 98,469 109,248
138,273 154,467
Page 2
Page 3
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
Page 3