Acorah Software Products - Accounts Production 16.0.110 false true true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 12705431 Mr David Bell Mr Steven Bolton iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12705431 2023-03-31 12705431 2024-03-31 12705431 2023-04-01 2024-03-31 12705431 frs-core:CurrentFinancialInstruments 2024-03-31 12705431 frs-core:ComputerEquipment 2024-03-31 12705431 frs-core:ComputerEquipment 2023-04-01 2024-03-31 12705431 frs-core:ComputerEquipment 2023-03-31 12705431 frs-core:ShareCapital 2024-03-31 12705431 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 12705431 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 12705431 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 12705431 frs-bus:SmallEntities 2023-04-01 2024-03-31 12705431 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 12705431 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 12705431 frs-bus:Director1 2023-04-01 2024-03-31 12705431 frs-bus:Director2 2023-04-01 2024-03-31 12705431 frs-countries:EnglandWales 2023-04-01 2024-03-31 12705431 2022-03-31 12705431 2023-03-31 12705431 2022-04-01 2023-03-31 12705431 frs-core:CurrentFinancialInstruments 2023-03-31 12705431 frs-core:ShareCapital 2023-03-31 12705431 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 12705431
Bolt Partners Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2024
Moneypad Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 12705431
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 - 1,827
- 1,827
CURRENT ASSETS
Debtors 5 157,181 136,719
Cash at bank and in hand 1,792 673
158,973 137,392
Creditors: Amounts Falling Due Within One Year 6 (322,251 ) (336,160 )
NET CURRENT ASSETS (LIABILITIES) (163,278 ) (198,768 )
TOTAL ASSETS LESS CURRENT LIABILITIES (163,278 ) (196,941 )
NET LIABILITIES (163,278 ) (196,941 )
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account (163,378 ) (197,041 )
SHAREHOLDERS' FUNDS (163,278) (196,941)
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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
Mr David Bell
Director
22/10/2024
The notes on pages 3 to 4 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Bolt Partners Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12705431 . The registered office is 27 Old Gloucester Street, Monomark House, London, 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. Going Concern Disclosure
These accounts have been prepared on the going concern basis, on the understanding that the directors and shareholders will continue to financially support the company as there are sufficient external funds available.
2.3. 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.
2.4. 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 25% Straight Line
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 4)
1 4
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 April 2023 3,224
Disposals (3,224 )
As at 31 March 2024 -
Depreciation
As at 1 April 2023 1,397
Provided during the period 806
Disposals (2,203 )
As at 31 March 2024 -
...CONTINUED
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Net Book Value
As at 31 March 2024 -
As at 1 April 2023 1,827
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 60,733 46,009
Prepayments and accrued income 4,048 310
Amounts owed by associates 92,400 90,400
157,181 136,719
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 99,438 20,122
Other taxes and social security - 4,223
VAT 1,152 1,315
Other creditors - 9,558
Accruals and deferred income 2,080 4,200
Directors' loan accounts 219,581 198,159
Amounts owed to associates - 98,583
322,251 336,160
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
8. Related Party Transactions
The company is related to Buddy and Lola Ltd by virtue of common shareholders and directors. The amount owed by Buddy and Lola Ltd at the balance sheet date was £92,400 (2023: £90,400).
The company is related to Bolt Angels Ltd by virtue of common shareholders and directors. The amount owed to Bolt Angels Ltd at the balance sheet date was £NIL (2023: £22,062 ).
The company is related to Bolt Consulting LLP by virtue of a common director/member. The amount owed to Bolt Consulting LLP at the balance sheet date was £79,377 (2023: £76,521).
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