Acorah Software Products - Accounts Production 16.0.110 false true true 31 January 2023 1 February 2022 false 1 February 2023 31 January 2024 31 January 2024 08860656 Mr Carl Barton Mrs Theresa Barton iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08860656 2023-01-31 08860656 2024-01-31 08860656 2023-02-01 2024-01-31 08860656 frs-core:CurrentFinancialInstruments 2024-01-31 08860656 frs-core:ShareCapital 2024-01-31 08860656 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 08860656 frs-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 08860656 frs-bus:FilletedAccounts 2023-02-01 2024-01-31 08860656 frs-bus:SmallEntities 2023-02-01 2024-01-31 08860656 frs-bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 08860656 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 08860656 frs-bus:Director1 2023-02-01 2024-01-31 08860656 frs-bus:CompanySecretary1 2023-02-01 2024-01-31 08860656 frs-countries:EnglandWales 2023-02-01 2024-01-31 08860656 2022-01-31 08860656 2023-01-31 08860656 2022-02-01 2023-01-31 08860656 frs-core:CurrentFinancialInstruments 2023-01-31 08860656 frs-core:ShareCapital 2023-01-31 08860656 frs-core:RetainedEarningsAccumulatedLosses 2023-01-31
Registered number: 08860656
Umbrella Recruitment Training Solutions (UK) Limited
Unaudited Financial Statements
For The Year Ended 31 January 2024
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 08860656
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 183,751 247,501
Cash at bank and in hand 2,173 2,129
185,924 249,630
Creditors: Amounts Falling Due Within One Year 5 (82,520 ) (82,630 )
NET CURRENT ASSETS (LIABILITIES) 103,404 167,000
TOTAL ASSETS LESS CURRENT LIABILITIES 103,404 167,000
NET ASSETS 103,404 167,000
CAPITAL AND RESERVES
Called up share capital 6 1 1
Profit and Loss Account 103,403 166,999
SHAREHOLDERS' FUNDS 103,404 167,000
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 Carl Barton
Director
31 October 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
Umbrella Recruitment Training Solutions (UK) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08860656 . The registered office is 19 Broad Lane, Kings Heath, Birmingham, B14 5AL.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
The presentation currency of the financial statements if pound stering, £.
2.2. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
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 rendering of services. Turnover is reduced for estimated rebates and other similar allowances.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the service provided. The stage of completion of a serviced provided is measured by comparing the level of the work completed on that contract for service.
2.4. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
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 183,751 247,501
Page 2
Page 3
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 1 1
Other creditors 82,519 82,629
82,520 82,630
6. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
Page 3