Acorah Software Products - Accounts Production 16.0.110 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 06264415 A M Galvin iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06264415 2023-03-31 06264415 2024-03-31 06264415 2023-04-01 2024-03-31 06264415 frs-core:CurrentFinancialInstruments 2024-03-31 06264415 frs-core:ComputerEquipment 2024-03-31 06264415 frs-core:ComputerEquipment 2023-04-01 2024-03-31 06264415 frs-core:ComputerEquipment 2023-03-31 06264415 frs-core:ShareCapital 2024-03-31 06264415 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 06264415 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 06264415 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 06264415 frs-bus:SmallEntities 2023-04-01 2024-03-31 06264415 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 06264415 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 06264415 frs-bus:Director1 2023-04-01 2024-03-31 06264415 frs-core:CurrentFinancialInstruments 1 2024-03-31 06264415 frs-countries:EnglandWales 2023-04-01 2024-03-31 06264415 2022-03-31 06264415 2023-03-31 06264415 2022-04-01 2023-03-31 06264415 frs-core:CurrentFinancialInstruments 2023-03-31 06264415 frs-core:ShareCapital 2023-03-31 06264415 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31 06264415 frs-core:CurrentFinancialInstruments 1 2023-03-31
Registered number: 06264415
Amg (QS) Limited
Financial Statements
For The Year Ended 31 March 2024
Oakensen (Bristol) Limited
Chartered Accountants
Westbury Court Church Road
Westbury On Trym
Bristol
BS9 3EF
Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 06264415
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 2,669 898
2,669 898
CURRENT ASSETS
Debtors 5 25,147 22,706
Cash at bank and in hand 16,400 3,000
41,547 25,706
Creditors: Amounts Falling Due Within One Year 6 (30,568 ) (26,024 )
NET CURRENT ASSETS (LIABILITIES) 10,979 (318 )
TOTAL ASSETS LESS CURRENT LIABILITIES 13,648 580
NET ASSETS 13,648 580
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account 13,548 480
SHAREHOLDERS' FUNDS 13,648 580
Page 1
Page 2
For the year ending 31 March 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
A M Galvin
Director
4 November 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
Amg (QS) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06264415 . The registered office is Westbury Court, Church Road, Westbury-On-Trym, Bristol, BS9 3EF.
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.
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.
2.3. 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:
Computer Equipment 5 years straight line
2.4. Taxation
Income tax expense represents the tax currently payable 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 years 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.
Current 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 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
Page 3
Page 4
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 April 2023 3,407
Additions 2,761
As at 31 March 2024 6,168
Depreciation
As at 1 April 2023 2,509
Provided during the period 990
As at 31 March 2024 3,499
Net Book Value
As at 31 March 2024 2,669
As at 1 April 2023 898
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 2,400 2,004
Directors Loan 22,747 20,702
25,147 22,706
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 367 1,391
Other taxes and social security 23,907 13,412
VAT 4,754 9,821
Accruals and deferred income 1,540 1,400
30,568 26,024
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 4