Acorah Software Products - Accounts Production 15.0.600 false true 28 February 2023 28 February 2022 false 1 March 2023 29 February 2024 29 February 2024 13944242 Mr William John MacLaren Crawford Mrs Alexandra Crawford iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13944242 2023-02-28 13944242 2024-02-29 13944242 2023-03-01 2024-02-29 13944242 frs-core:CurrentFinancialInstruments 2024-02-29 13944242 frs-core:Non-currentFinancialInstruments 2024-02-29 13944242 frs-core:InvestmentPropertyIncludedWithinPPE 2024-02-29 13944242 frs-core:InvestmentPropertyIncludedWithinPPE 2023-02-28 13944242 frs-core:ShareCapital 2024-02-29 13944242 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29 13944242 frs-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 13944242 frs-bus:FilletedAccounts 2023-03-01 2024-02-29 13944242 frs-bus:SmallEntities 2023-03-01 2024-02-29 13944242 frs-bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-29 13944242 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-29 13944242 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2024-02-29 13944242 frs-bus:Director1 2023-03-01 2024-02-29 13944242 frs-bus:Director2 2023-03-01 2024-02-29 13944242 frs-countries:EnglandWales 2023-03-01 2024-02-29 13944242 2022-02-27 13944242 2023-02-28 13944242 2022-02-28 2023-02-28 13944242 frs-core:CurrentFinancialInstruments 2023-02-28 13944242 frs-core:Non-currentFinancialInstruments 2023-02-28 13944242 frs-core:ShareCapital 2023-02-28 13944242 frs-core:RetainedEarningsAccumulatedLosses 2023-02-28 13944242 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2023-02-28
Registered number: 13944242
Amber Holdings 2022 Limited
Financial Statements
For The Year Ended 29 February 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 13944242
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 443,000 486,372
443,000 486,372
CURRENT ASSETS
Debtors 5 11,627 -
Cash at bank and in hand 56,332 51,989
67,959 51,989
Creditors: Amounts Falling Due Within One Year 6 (282,638 ) (280,910 )
NET CURRENT ASSETS (LIABILITIES) (214,679 ) (228,921 )
TOTAL ASSETS LESS CURRENT LIABILITIES 228,321 257,451
Creditors: Amounts Falling Due After More Than One Year 7 (257,045 ) (257,020 )
NET (LIABILITIES)/ASSETS (28,724 ) 431
CAPITAL AND RESERVES
Called up share capital 8 100 100
Fair Value Reserve 9 (35,131 ) -
Profit and Loss Account 6,307 331
SHAREHOLDERS' FUNDS (28,724) 431
Page 1
Page 2
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 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
Mrs Alexandra Crawford
Director
28/11/2024
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
Amber Holdings 2022 Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13944242 . The registered office is Adams & Moore House, Instone Road, Dartford, Kent, DA1 2AG.
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 represents rental income which relates to the period under review. Where rent is received which relates to a later period, appropriate adjustments are made and included in creditors due within one year.
2.3. Investment Properties
Investment property is included at fair value. Gains or losses are recognised in the income statement. Deferred taxation is provided on these gains or losses at the rate expected to apply when the property is sold.
2.4. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees during the year was as follows: NIL (2023: NIL)
- -
4. Tangible Assets
Investment Properties
£
Cost or Valuation
As at 1 March 2023 486,372
Revaluation (43,372)
As at 29 February 2024 443,000
Net Book Value
As at 29 February 2024 443,000
As at 1 March 2023 486,372
Page 3
Page 4
5. Debtors
2024 2023
£ £
Due within one year
Other debtors 11,627 -
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other creditors 281,222 280,910
Taxation and social security 1,416 -
282,638 280,910
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 257,045 257,020
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
9. Reserves
Fair Value Reserve
£
Movements in fair value reserve (35,131)
As at 29 February 2024 (35,131 )
Page 4