Acorah Software Products - Accounts Production 16.0.110 false true 28 February 2023 1 March 2022 false 1 March 2023 29 February 2024 29 February 2024 09991717 Mr David Van Sertima Mr David Van Sertima iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09991717 2023-02-28 09991717 2024-02-29 09991717 2023-03-01 2024-02-29 09991717 frs-core:CurrentFinancialInstruments 2024-02-29 09991717 frs-core:PlantMachinery 2024-02-29 09991717 frs-core:PlantMachinery 2023-03-01 2024-02-29 09991717 frs-core:PlantMachinery 2023-02-28 09991717 frs-core:ShareCapital 2024-02-29 09991717 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29 09991717 frs-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 09991717 frs-bus:FilletedAccounts 2023-03-01 2024-02-29 09991717 frs-bus:SmallEntities 2023-03-01 2024-02-29 09991717 frs-bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-29 09991717 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-29 09991717 frs-bus:Director1 2023-03-01 2024-02-29 09991717 frs-bus:CompanySecretary1 2023-03-01 2024-02-29 09991717 frs-countries:EnglandWales 2023-03-01 2024-02-29 09991717 2022-02-28 09991717 2023-02-28 09991717 2022-03-01 2023-02-28 09991717 frs-core:CurrentFinancialInstruments 2023-02-28 09991717 frs-core:ShareCapital 2023-02-28 09991717 frs-core:RetainedEarningsAccumulatedLosses 2023-02-28
Registered number: 09991717
Vansertima Ltd
Unaudited Financial Statements
For The Year Ended 29 February 2024
EP Accountants
Chartered Certified Accountants
185 Gloucester Avenue
Chelmsford
Essex
CM2 9DX
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 09991717
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 197 262
197 262
CURRENT ASSETS
Cash at bank and in hand 199 5,077
199 5,077
Creditors: Amounts Falling Due Within One Year 6 (39,864 ) (37,323 )
NET CURRENT ASSETS (LIABILITIES) (39,665 ) (32,246 )
TOTAL ASSETS LESS CURRENT LIABILITIES (39,468 ) (31,984 )
NET LIABILITIES (39,468 ) (31,984 )
CAPITAL AND RESERVES
Called up share capital 7 1 1
Profit and Loss Account (39,469 ) (31,985 )
SHAREHOLDERS' FUNDS (39,468) (31,984)
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For the year ending 29 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 David Van Sertima
Director
26/11/2024
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
Vansertima Ltd Registered number 09991717 is a limited by shares company incorporated in England & Wales. The Registered Office is 21 Partridge Avenue College Fields, Chelmsford, CM1 4JG.
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
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
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4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 March 2023 1,946
As at 29 February 2024 1,946
Depreciation
As at 1 March 2023 1,684
Provided during the period 65
As at 29 February 2024 1,749
Net Book Value
As at 29 February 2024 197
As at 1 March 2023 262
5. Debtors
2024 2023
£ £
Due within one year
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Accruals and deferred income 550 550
Director's loan account 39,314 36,773
39,864 37,323
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
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