Acorah Software Products - Accounts Production 16.0.110 false true 28 February 2023 1 March 2022 false 1 March 2023 28 February 2024 28 February 2024 04382218 Mr Bradley Grimwood iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04382218 2023-02-28 04382218 2024-02-28 04382218 2023-03-01 2024-02-28 04382218 frs-core:CurrentFinancialInstruments 2024-02-28 04382218 frs-core:ComputerEquipment 2024-02-28 04382218 frs-core:ComputerEquipment 2023-03-01 2024-02-28 04382218 frs-core:ComputerEquipment 2023-02-28 04382218 frs-core:FurnitureFittings 2024-02-28 04382218 frs-core:FurnitureFittings 2023-03-01 2024-02-28 04382218 frs-core:FurnitureFittings 2023-02-28 04382218 frs-core:PlantMachinery 2024-02-28 04382218 frs-core:PlantMachinery 2023-03-01 2024-02-28 04382218 frs-core:PlantMachinery 2023-02-28 04382218 frs-core:ShareCapital 2024-02-28 04382218 frs-core:RetainedEarningsAccumulatedLosses 2024-02-28 04382218 frs-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-28 04382218 frs-bus:FilletedAccounts 2023-03-01 2024-02-28 04382218 frs-bus:SmallEntities 2023-03-01 2024-02-28 04382218 frs-bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-28 04382218 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-28 04382218 frs-bus:Director1 2023-03-01 2024-02-28 04382218 frs-core:CurrentFinancialInstruments 1 2024-02-28 04382218 frs-core:CurrentFinancialInstruments 2 2024-02-28 04382218 frs-core:CurrentFinancialInstruments 3 2024-02-28 04382218 frs-core:CurrentFinancialInstruments 7 2024-02-28 04382218 frs-countries:EnglandWales 2023-03-01 2024-02-28 04382218 2022-02-28 04382218 2023-02-28 04382218 2022-03-01 2023-02-28 04382218 frs-core:CurrentFinancialInstruments 2023-02-28 04382218 frs-core:ShareCapital 2023-02-28 04382218 frs-core:RetainedEarningsAccumulatedLosses 2023-02-28 04382218 frs-core:CurrentFinancialInstruments 1 2023-02-28 04382218 frs-core:CurrentFinancialInstruments 2 2023-02-28 04382218 frs-core:CurrentFinancialInstruments 3 2023-02-28 04382218 frs-core:CurrentFinancialInstruments 7 2023-02-28
Registered number: 04382218
Crowdstop.com Limited
Unaudited Financial Statements
For The Year Ended 28 February 2024
Tasker Osman & Co
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 04382218
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 2,431 2,002
2,431 2,002
CURRENT ASSETS
Stocks 5 20,725 20,725
Debtors 6 606 -
Cash at bank and in hand 156 607
21,487 21,332
Creditors: Amounts Falling Due Within One Year 7 (214,817 ) (199,680 )
NET CURRENT ASSETS (LIABILITIES) (193,330 ) (178,348 )
TOTAL ASSETS LESS CURRENT LIABILITIES (190,899 ) (176,346 )
NET LIABILITIES (190,899 ) (176,346 )
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account (190,999 ) (176,446 )
SHAREHOLDERS' FUNDS (190,899) (176,346)
Page 1
Page 2
For the year ending 28 February 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 Bradley Grimwood
Director
25/11/2024
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
Crowdstop.com Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04382218 . The registered office is 10 South Way , Newhaven, East Sussex, BN9 9LL.
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.
2.3. 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:
Plant & Machinery 25% reducing balance
Fixtures & Fittings 25% reducing balance
Computer Equipment 50% reducing balance
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 March 2023 31,177 3,002 16,017 50,196
Additions - - 2,710 2,710
As at 28 February 2024 31,177 3,002 18,727 52,906
Depreciation
As at 1 March 2023 31,043 2,830 14,321 48,194
Provided during the period 34 44 2,203 2,281
As at 28 February 2024 31,077 2,874 16,524 50,475
...CONTINUED
Page 3
Page 4
Net Book Value
As at 28 February 2024 100 128 2,203 2,431
As at 1 March 2023 134 172 1,696 2,002
5. Stocks
2024 2023
£ £
Materials 20,725 20,725
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 606 -
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 283 536
Bank loans and overdrafts 9,552 12,032
VAT 209 2,088
Other creditors (1) 58,819 58,915
Other creditors (2) 25,401 19,725
Other creditors 3 8,600 13,701
Other creditors 4 27,000 -
Accruals and deferred income 800 800
Director's loan account 84,153 91,883
214,817 199,680
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 4