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 10640056 Anthony Adams Ritesh Munshi Raghavendra Turlapati iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10640056 2023-03-31 10640056 2024-03-31 10640056 2023-04-01 2024-03-31 10640056 frs-core:CurrentFinancialInstruments 2024-03-31 10640056 frs-core:Non-currentFinancialInstruments 2024-03-31 10640056 frs-core:SharePremium 2024-03-31 10640056 frs-core:ShareCapital 2024-03-31 10640056 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 10640056 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 10640056 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 10640056 frs-bus:SmallEntities 2023-04-01 2024-03-31 10640056 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 10640056 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 10640056 frs-core:UnlistedNon-exchangeTraded 2024-03-31 10640056 frs-core:UnlistedNon-exchangeTraded 2023-03-31 10640056 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-03-31 10640056 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-03-31 10640056 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-03-31 10640056 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-03-31 10640056 frs-bus:Director1 2023-04-01 2024-03-31 10640056 frs-bus:Director2 2023-04-01 2024-03-31 10640056 frs-bus:Director3 2023-04-01 2024-03-31 10640056 frs-countries:EnglandWales 2023-04-01 2024-03-31 10640056 2022-03-31 10640056 2023-03-31 10640056 2022-04-01 2023-03-31 10640056 frs-core:CurrentFinancialInstruments 2023-03-31 10640056 frs-core:Non-currentFinancialInstruments 2023-03-31 10640056 frs-core:SharePremium 2023-03-31 10640056 frs-core:ShareCapital 2023-03-31 10640056 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 10640056
Polycrack Worldwide Limited
Unaudited Financial Statements
For The Year Ended 31 March 2024
MTM
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 10640056
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investments 4 322,869 322,869
322,869 322,869
CURRENT ASSETS
Debtors 5 87,677 88,796
Cash at bank and in hand 1 6
87,678 88,802
Creditors: Amounts Falling Due Within One Year 6 (208,203 ) (178,989 )
NET CURRENT ASSETS (LIABILITIES) (120,525 ) (90,187 )
TOTAL ASSETS LESS CURRENT LIABILITIES 202,344 232,682
Creditors: Amounts Falling Due After More Than One Year 7 (32,083 ) (37,055 )
NET ASSETS 170,261 195,627
CAPITAL AND RESERVES
Called up share capital 8 1,000 1,000
Share premium account 479,999 479,999
Profit and Loss Account (310,738 ) (285,372 )
SHAREHOLDERS' FUNDS 170,261 195,627
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 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
Anthony Adams
Director
03/07/2024
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
Polycrack Worldwide Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10640056 . The registered office is 7 Paynes Park, Hitchin, Herts, SG5 1EH.
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 contracted employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Investments
Unlisted
£
Cost
As at 1 April 2023 322,869
As at 31 March 2024 322,869
Provision
As at 1 April 2023 -
As at 31 March 2024 -
Net Book Value
As at 31 March 2024 322,869
As at 1 April 2023 322,869
5. Debtors
2024 2023
£ £
Due within one year
Prepayments and accrued income 87,636 87,596
Other debtors - 1,200
VAT 41 -
87,677 88,796
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 48 -
Bank loans and overdrafts 62,881 63,391
Other taxes and social security 6,051 5,590
VAT - 1,022
Accruals and deferred income 1,350 1,260
Directors' loan accounts 137,873 107,726
208,203 178,989
Page 3
Page 4
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 32,083 37,055
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1,000 1,000
Page 4