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 08843287 Mr Joseph Parakkottu Mr Vijayachandran Menon J J Parakkottu true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08843287 2023-03-31 08843287 2024-03-31 08843287 2023-04-01 2024-03-31 08843287 frs-core:CurrentFinancialInstruments 2024-03-31 08843287 frs-core:Non-currentFinancialInstruments 2024-03-31 08843287 frs-core:FurnitureFittings 2024-03-31 08843287 frs-core:FurnitureFittings 2023-04-01 2024-03-31 08843287 frs-core:FurnitureFittings 2023-03-31 08843287 frs-core:MotorVehicles 2024-03-31 08843287 frs-core:MotorVehicles 2023-04-01 2024-03-31 08843287 frs-core:MotorVehicles 2023-03-31 08843287 frs-core:OtherResidualIntangibleAssets 2024-03-31 08843287 frs-core:OtherResidualIntangibleAssets 2023-03-31 08843287 frs-core:ShareCapital 2024-03-31 08843287 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 08843287 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 08843287 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 08843287 frs-bus:SmallEntities 2023-04-01 2024-03-31 08843287 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 08843287 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 08843287 1 2023-04-01 2024-03-31 08843287 frs-bus:Director1 2023-04-01 2024-03-31 08843287 frs-bus:Director2 2023-04-01 2024-03-31 08843287 frs-core:CurrentFinancialInstruments 1 2024-03-31 08843287 frs-countries:EnglandWales 2023-04-01 2024-03-31 08843287 2022-03-31 08843287 2023-03-31 08843287 2022-04-01 2023-03-31 08843287 frs-core:CurrentFinancialInstruments 2023-03-31 08843287 frs-core:Non-currentFinancialInstruments 2023-03-31 08843287 frs-core:ShareCapital 2023-03-31 08843287 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31 08843287 frs-core:CurrentFinancialInstruments 1 2023-03-31 08843287 frs-core:CurrentFinancialInstruments 2 2023-03-31
Registered number: 08843287
AAA Poly UK Limited
Unaudited Financial Statements
For The Year Ended 31 March 2024
The Accountancy People Manchester Limited
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 08843287
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 385 385
385 385
CURRENT ASSETS
Debtors 6 529,214 714,629
Cash at bank and in hand 324 1,500
529,538 716,129
Creditors: Amounts Falling Due Within One Year 7 (547,296 ) (772,795 )
NET CURRENT ASSETS (LIABILITIES) (17,758 ) (56,666 )
TOTAL ASSETS LESS CURRENT LIABILITIES (17,373 ) (56,281 )
NET LIABILITIES (17,373 ) (56,281 )
CAPITAL AND RESERVES
Called up share capital 8 1,000 1,000
Profit and Loss Account (18,373 ) (57,281 )
SHAREHOLDERS' FUNDS (17,373) (56,281)
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 Joseph Parakkottu
Director
25 November 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
AAA Poly UK Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08843287 . The registered office is Phoenix House, 2 Huddersfield Road, Stalybridge, SK15 2QA.
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:
Motor Vehicles 5 Years SL
Fixtures & Fittings 5 Years SL
2.4. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Intangible Assets
Other
£
Cost
As at 1 April 2023 385
As at 31 March 2024 385
Net Book Value
As at 31 March 2024 385
As at 1 April 2023 385
Page 2
Page 3
5. Tangible Assets
Motor Vehicles Fixtures & Fittings Total
£ £ £
Cost
As at 1 April 2023 2,990 5,825 8,815
As at 31 March 2024 2,990 5,825 8,815
Depreciation
As at 1 April 2023 2,990 5,825 8,815
As at 31 March 2024 2,990 5,825 8,815
Net Book Value
As at 31 March 2024 - - -
As at 1 April 2023 - - -
6. Debtors
2024 2023
£ £
Due within one year
Other debtors - 185,415
VAT 75 75
75 185,490
Due after more than one year
Other debtors 529,139 529,139
529,214 714,629
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other creditors 407,377 727,129
Other creditors (1) 139,919 -
Other creditors (2) - 44,816
Accruals and deferred income - 850
547,296 772,795
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1,000 1,000
9. Ultimate Controlling Party
The company's ultimate controlling party is J J Parakkottu by virtue of his ownership of 100% of the issued share capital in the company.
Page 3