Acorah Software Products - Accounts Production 16.0.110 false true 31 July 2023 1 August 2022 false 1 August 2023 31 July 2024 31 July 2024 12115948 Mr Adebowale Odunlami iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12115948 2023-07-31 12115948 2024-07-31 12115948 2023-08-01 2024-07-31 12115948 frs-core:CurrentFinancialInstruments 2024-07-31 12115948 frs-core:Non-currentFinancialInstruments 2024-07-31 12115948 frs-core:ShareCapital 2024-07-31 12115948 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 12115948 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 12115948 frs-bus:FilletedAccounts 2023-08-01 2024-07-31 12115948 frs-bus:SmallEntities 2023-08-01 2024-07-31 12115948 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 12115948 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 12115948 frs-bus:Director1 2023-08-01 2024-07-31 12115948 frs-countries:EnglandWales 2023-08-01 2024-07-31 12115948 2022-07-31 12115948 2023-07-31 12115948 2022-08-01 2023-07-31 12115948 frs-core:CurrentFinancialInstruments 2023-07-31 12115948 frs-core:Non-currentFinancialInstruments 2023-07-31 12115948 frs-core:ShareCapital 2023-07-31 12115948 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31
Registered number: 12115948
Balto It Services Ltd
Unaudited Financial Statements
For The Year Ended 31 July 2024
Mfords Consulting Ltd
Chartered Certified Accountants
Unit 4 Sharvatt Bus Centre
Keats Road
London
London
DA17 6BP
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2
Page 1
Balance Sheet
Registered number: 12115948
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 4,218 16,593
Cash at bank and in hand 251 1,522
4,469 18,115
Creditors: Amounts Falling Due Within One Year 5 (18,520 ) (16,150 )
NET CURRENT ASSETS (LIABILITIES) (14,051 ) 1,965
TOTAL ASSETS LESS CURRENT LIABILITIES (14,051 ) 1,965
Creditors: Amounts Falling Due After More Than One Year 6 (3,176 ) (5,185 )
NET LIABILITIES (17,227 ) (3,220 )
CAPITAL AND RESERVES
Called up share capital 7 1 1
Profit and Loss Account (17,228 ) (3,221 )
SHAREHOLDERS' FUNDS (17,227) (3,220)
For the year ending 31 July 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 Adebowale Odunlami
Director
30/10/2024
The notes on page 2 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Balto It Services Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12115948 . The registered office is Suite 161, Elder House, 548-550 Elder Gate, Milton Keynes, MK9 1LR.
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.
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
Trade debtors 4,218 16,593
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Director's loan account 18,520 16,150
6. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 3,176 5,185
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
Page 2