Acorah Software Products - Accounts Production 15.0.650 false true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 09754906 Mr Daniel Washington Mr Benedict Kieran James Barlow Mr Samuel Bowden Mr Matthew Richard West iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09754906 2022-12-31 09754906 2023-12-31 09754906 2023-01-01 2023-12-31 09754906 frs-core:CurrentFinancialInstruments 2023-12-31 09754906 frs-core:FurnitureFittings 2023-12-31 09754906 frs-core:FurnitureFittings 2023-01-01 2023-12-31 09754906 frs-core:FurnitureFittings 2022-12-31 09754906 frs-core:PlantMachinery 2023-12-31 09754906 frs-core:PlantMachinery 2023-01-01 2023-12-31 09754906 frs-core:PlantMachinery 2022-12-31 09754906 frs-core:CapitalRedemptionReserve 2023-12-31 09754906 frs-core:ShareCapital 2023-12-31 09754906 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 09754906 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 09754906 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 09754906 frs-bus:SmallEntities 2023-01-01 2023-12-31 09754906 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 09754906 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 09754906 frs-bus:Director1 2023-01-01 2023-12-31 09754906 frs-bus:Director2 2023-01-01 2023-12-31 09754906 frs-bus:Director3 2023-01-01 2023-12-31 09754906 frs-bus:Director4 2023-01-01 2023-12-31 09754906 frs-countries:EnglandWales 2023-01-01 2023-12-31 09754906 2021-12-31 09754906 2022-12-31 09754906 2022-01-01 2022-12-31 09754906 frs-core:CurrentFinancialInstruments 2022-12-31 09754906 frs-core:CapitalRedemptionReserve 2022-12-31 09754906 frs-core:ShareCapital 2022-12-31 09754906 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 09754906
Nd Unit Touring UK Limited
Unaudited Financial Statements
For The Year Ended 31 December 2023
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 09754906
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 34,416 333
34,416 333
CURRENT ASSETS
Debtors 5 191,288 210,854
Cash at bank and in hand 315,851 291,906
507,139 502,760
Creditors: Amounts Falling Due Within One Year 6 (383,731 ) (256,456 )
NET CURRENT ASSETS (LIABILITIES) 123,408 246,304
TOTAL ASSETS LESS CURRENT LIABILITIES 157,824 246,637
NET ASSETS 157,824 246,637
CAPITAL AND RESERVES
Called up share capital 7 4 5
Capital redemption reserve 3,883 3,883
Profit and Loss Account 153,937 242,749
SHAREHOLDERS' FUNDS 157,824 246,637
Page 1
Page 2
For the year ending 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 Samuel Bowden
Director
06/11/2024
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
Nd Unit Touring UK Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09754906 . The registered office is 27 Old Gloucester Street, London, United Kingdom, WC1N 3AX.
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.
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:
Plant & Machinery 25% on SLM
Fixtures & Fittings 10% on SLM
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 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.
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 assets reflect 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 : 4 (2022: 4)
4 4
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4. Tangible Assets
Plant & Machinery Fixtures & Fittings Total
£ £ £
Cost
As at 1 January 2023 41,974 - 41,974
Additions 15,422 19,997 35,419
Disposals (2,250 ) - (2,250 )
As at 31 December 2023 55,146 19,997 75,143
Depreciation
As at 1 January 2023 41,641 - 41,641
Provided during the period 858 478 1,336
Disposals (2,250 ) - (2,250 )
As at 31 December 2023 40,249 478 40,727
Net Book Value
As at 31 December 2023 14,897 19,519 34,416
As at 1 January 2023 333 - 333
5. Debtors
2023 2022
£ £
Due within one year
Trade debtors 27,085 17,798
Amounts owed by participating interests 156,287 156,184
Other debtors 7,916 36,872
191,288 210,854
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 11,216 24,121
Bank loans and overdrafts 46,183 63,500
Other creditors 310,318 119,470
Taxation and social security 16,014 49,365
383,731 256,456
7. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 4 5
Page 4