Acorah Software Products - Accounts Production 16.0.110 false true 31 December 2023 1 January 2023 false 1 January 2024 31 October 2024 31 October 2024 13497432 Mr Andrew Bevan Mr Mark Edward Richards iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13497432 2023-12-31 13497432 2024-10-31 13497432 2024-01-01 2024-10-31 13497432 frs-core:CurrentFinancialInstruments 2024-10-31 13497432 frs-core:CopyrightsPatentsTrademarksServiceOperatingRights 2024-10-31 13497432 frs-core:CopyrightsPatentsTrademarksServiceOperatingRights 2024-01-01 2024-10-31 13497432 frs-core:CopyrightsPatentsTrademarksServiceOperatingRights 2023-12-31 13497432 frs-core:ShareCapital 2024-10-31 13497432 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31 13497432 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-10-31 13497432 frs-bus:FilletedAccounts 2024-01-01 2024-10-31 13497432 frs-bus:SmallEntities 2024-01-01 2024-10-31 13497432 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-10-31 13497432 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-10-31 13497432 frs-bus:Director1 2024-01-01 2024-10-31 13497432 frs-bus:CompanySecretary1 2024-01-01 2024-10-31 13497432 frs-core:CurrentFinancialInstruments 1 2024-10-31 13497432 frs-countries:EnglandWales 2024-01-01 2024-10-31 13497432 2022-12-31 13497432 2023-12-31 13497432 2023-01-01 2023-12-31 13497432 frs-core:CurrentFinancialInstruments 2023-12-31 13497432 frs-core:ShareCapital 2023-12-31 13497432 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 13497432 frs-core:CurrentFinancialInstruments 1 2023-12-31
Registered number: 13497432
Icovin Ltd
Financial Statements
For the Period 1 January 2024 to 31 October 2024
Lloyd Richards Ltd
Eaton House Stoke Prior Lane
Leominster
Herefordshire
HR6 0NA
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 13497432
31 October 2024 31 December 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 - 1,280
- 1,280
CURRENT ASSETS
Debtors 5 32,638 114,727
Cash at bank and in hand 78,534 3,245
111,172 117,972
Creditors: Amounts Falling Due Within One Year 6 (104,226 ) (47,225 )
NET CURRENT ASSETS (LIABILITIES) 6,946 70,747
TOTAL ASSETS LESS CURRENT LIABILITIES 6,946 72,027
NET ASSETS 6,946 72,027
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account 6,846 71,927
SHAREHOLDERS' FUNDS 6,946 72,027
Page 1
Page 2
For the period ending 31 October 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 Andrew Bevan
Director
15/11/2024
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
Icovin Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13497432 . The registered office is Eaton House, Stoke Prior Lane, Leominster, Herefordshire, HR6 0NA.
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 stated as invoiced sales less any discounts given and adjusted if appropriate for accrued or deferred income.
2.3. Intangible Fixed Assets and Amortisation - Intellectual Property
Intellectual property assets are registered trademarks. As the company has ceased trading these have been written off.
2.4. Taxation
Corporation Tax due is calculated at the rates prevailing for the relevant tax years on apportioned profit for the trading period reported upon.
3. Average Number of Employees
Average number of employees, including directors, during the period was:
31 October 2024 31 December 2023
Office and administration 1 1
Sales, marketing and distribution 1 1
2 2
4. Intangible Assets
Intellectual Property
£
Cost
As at 1 January 2024 1,280
Disposals (1,280 )
As at 31 October 2024 -
Net Book Value
As at 31 October 2024 -
As at 1 January 2024 1,280
Page 3
Page 4
5. Debtors
31 October 2024 31 December 2023
£ £
Due within one year
Trade debtors 4,134 14,727
VAT recoverable 13,631 -
Corporation tax recoverable assets 14,873 -
32,638 14,727
Due after more than one year
Amounts owed by group undertakings - 100,000
32,638 114,727
6. Creditors: Amounts Falling Due Within One Year
31 October 2024 31 December 2023
£ £
Trade creditors 104,160 480
Corporation tax - 6,624
VAT - 4,097
Other creditors 1 1
Company Credit Card - 265
Accruals and deferred income 65 35,758
104,226 47,225
7. Share Capital
31 October 2024 31 December 2023
£ £
Allotted, Called up and fully paid 100 100
Page 4