Acorah Software Products - Accounts Production 16.0.110 false true 30 September 2023 1 October 2022 false 1 October 2023 30 September 2024 30 September 2024 11591593 Mr Sabitha Sri LAKSHMANAN iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11591593 2023-09-30 11591593 2024-09-30 11591593 2023-10-01 2024-09-30 11591593 frs-core:CurrentFinancialInstruments 2024-09-30 11591593 frs-core:Non-currentFinancialInstruments 2024-09-30 11591593 frs-core:ShareCapital 2024-09-30 11591593 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 11591593 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 11591593 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 11591593 frs-bus:SmallEntities 2023-10-01 2024-09-30 11591593 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 11591593 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 11591593 frs-bus:Director1 2023-10-01 2024-09-30 11591593 frs-countries:EnglandWales 2023-10-01 2024-09-30 11591593 2022-09-30 11591593 2023-09-30 11591593 2022-10-01 2023-09-30 11591593 frs-core:CurrentFinancialInstruments 2023-09-30 11591593 frs-core:Non-currentFinancialInstruments 2023-09-30 11591593 frs-core:ShareCapital 2023-09-30 11591593 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30
Registered number: 11591593
GERSEG LTD
Unaudited Financial Statements
For The Year Ended 30 September 2024
Global Outsourcing & Accounting
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 11591593
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 5,648 1,182
Cash at bank and in hand - 5,001
5,648 6,183
Creditors: Amounts Falling Due Within One Year 5 (1,225 ) (1,776 )
NET CURRENT ASSETS (LIABILITIES) 4,423 4,407
TOTAL ASSETS LESS CURRENT LIABILITIES 4,423 4,407
Creditors: Amounts Falling Due After More Than One Year 6 - (452 )
NET ASSETS 4,423 3,955
CAPITAL AND RESERVES
Called up share capital 7 1 1
Profit and Loss Account 4,422 3,954
SHAREHOLDERS' FUNDS 4,423 3,955
For the year ending 30 September 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 Sabitha Sri LAKSHMANAN
Director
21/11/2024
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
GERSEG LTD is a private company, limited by shares, incorporated in England & Wales, registered number 11591593 . The registered office is The Business Centre, 81 Skipper Way, ST NEOTS, United Kingdom, PE19 6LT.
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: 3 (2023: 4)
3 4
4. Debtors
2024 2023
£ £
Due within one year
Trade debtors 3,056 1,182
VAT 2,592 -
5,648 1,182
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 1 -
Bank loans and overdrafts 836 -
Other taxes and social security 115 -
VAT - 1,776
Net wages 725 -
Other creditors (452 ) -
1,225 1,776
6. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans - 452
Page 2
Page 3
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
Page 3