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 13294565 Mr Anthony Charles Ward iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13294565 2023-03-31 13294565 2024-03-31 13294565 2023-04-01 2024-03-31 13294565 frs-core:CurrentFinancialInstruments 2024-03-31 13294565 frs-core:Non-currentFinancialInstruments 2024-03-31 13294565 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-03-31 13294565 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 13294565 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-03-31 13294565 frs-core:ShareCapital 2024-03-31 13294565 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 13294565 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 13294565 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 13294565 frs-bus:SmallEntities 2023-04-01 2024-03-31 13294565 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 13294565 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 13294565 frs-bus:Director1 2023-04-01 2024-03-31 13294565 frs-countries:EnglandWales 2023-04-01 2024-03-31 13294565 2022-03-31 13294565 2023-03-31 13294565 2022-04-01 2023-03-31 13294565 frs-core:CurrentFinancialInstruments 2023-03-31 13294565 frs-core:Non-currentFinancialInstruments 2023-03-31 13294565 frs-core:ShareCapital 2023-03-31 13294565 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 13294565
Atar Lab22 Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 13294565
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 738,519 738,519
738,519 738,519
CURRENT ASSETS
Cash at bank and in hand 41,659 40,297
41,659 40,297
Creditors: Amounts Falling Due Within One Year 5 (26,594 ) (21,698 )
NET CURRENT ASSETS (LIABILITIES) 15,065 18,599
TOTAL ASSETS LESS CURRENT LIABILITIES 753,584 757,118
Creditors: Amounts Falling Due After More Than One Year 6 (779,979 ) (779,979 )
NET LIABILITIES (26,395 ) (22,861 )
CAPITAL AND RESERVES
Called up share capital 7 1,000 1,000
Profit and Loss Account (27,395 ) (23,861 )
SHAREHOLDERS' FUNDS (26,395) (22,861)
Page 1
Page 2
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 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 Anthony Charles Ward
Director
28/08/2024
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
Atar Lab22 Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13294565 . The registered office is 41 Devonshire Street, Ground Floor, London, W1G 7AJ.
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:
Freehold N/A
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: 1 (2023: 1)
1 1
4. Tangible Assets
Land & Property
Freehold
£
Cost
As at 1 April 2023 738,519
As at 31 March 2024 738,519
Net Book Value
As at 31 March 2024 738,519
As at 1 April 2023 738,519
Page 3
Page 4
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other creditors 25,873 20,977
Director's loan account 721 721
26,594 21,698
6. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Other creditors 779,979 779,979
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1,000 1,000
Page 4