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 02403093 Miss Sarah de Ath iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 02403093 2023-03-31 02403093 2024-03-31 02403093 2023-04-01 2024-03-31 02403093 frs-core:CurrentFinancialInstruments 2024-03-31 02403093 frs-core:ShareCapital 2024-03-31 02403093 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 02403093 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 02403093 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 02403093 frs-bus:SmallEntities 2023-04-01 2024-03-31 02403093 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 02403093 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 02403093 frs-bus:Director1 2023-04-01 2024-03-31 02403093 frs-countries:EnglandWales 2023-04-01 2024-03-31 02403093 2022-03-31 02403093 2023-03-31 02403093 2022-04-01 2023-03-31 02403093 frs-core:CurrentFinancialInstruments 2023-03-31 02403093 frs-core:ShareCapital 2023-03-31 02403093 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 02403093
FAYGATE BUSINESS CENTRE (MANAGEMENT COMPANY) LIMITED
Unaudited Financial Statements
For The Year Ended 31 March 2024
Elzey Accountancy and Tax
ACCA
First Floor 2 Central Parade
101 Victoria Road
Horley
Surrey
RH6 7PH
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2
Page 1
Balance Sheet
Registered number: 02403093
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 4,386 4,386
Cash at bank and in hand 20,671 15,541
25,057 19,927
Creditors: Amounts Falling Due Within One Year 5 (2,960 ) (2,088 )
NET CURRENT ASSETS (LIABILITIES) 22,097 17,839
TOTAL ASSETS LESS CURRENT LIABILITIES 22,097 17,839
NET ASSETS 22,097 17,839
CAPITAL AND RESERVES
Called up share capital 6 160 160
Profit and Loss Account 21,937 17,679
SHAREHOLDERS' FUNDS 22,097 17,839
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 her 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
Miss Sarah de Ath
Director
22/10/2024
The notes on page 2 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
FAYGATE BUSINESS CENTRE (MANAGEMENT COMPANY) LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 02403093 . The registered office is Unit 9, Faygate Business Centre, Faygate Lane, Faygate, West Sussex, RH12 4DN.
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: NIL (2023: NIL)
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4. Debtors
2024 2023
£ £
Due within one year
Trade debtors 4,386 4,386
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 103 1
VAT 2,457 1,687
Accruals and deferred income 400 400
2,960 2,088
6. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 160 160
Page 2