Acorah Software Products - Accounts Production 15.0.600 false true 30 November 2022 1 December 2021 false 1 December 2022 30 November 2023 30 November 2023 09858244 Mr Josh Ajit Singh Arora iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09858244 2022-11-30 09858244 2023-11-30 09858244 2022-12-01 2023-11-30 09858244 frs-core:CurrentFinancialInstruments 2023-11-30 09858244 frs-core:Non-currentFinancialInstruments 2023-11-30 09858244 frs-core:MotorVehicles 2023-11-30 09858244 frs-core:MotorVehicles 2022-12-01 2023-11-30 09858244 frs-core:MotorVehicles 2022-11-30 09858244 frs-core:ShareCapital 2023-11-30 09858244 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30 09858244 frs-bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 09858244 frs-bus:FilletedAccounts 2022-12-01 2023-11-30 09858244 frs-bus:SmallEntities 2022-12-01 2023-11-30 09858244 frs-bus:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 09858244 frs-bus:SmallCompaniesRegimeForAccounts 2022-12-01 2023-11-30 09858244 frs-bus:Director1 2022-12-01 2023-11-30 09858244 frs-countries:EnglandWales 2022-12-01 2023-11-30 09858244 2021-11-30 09858244 2022-11-30 09858244 2021-12-01 2022-11-30 09858244 frs-core:CurrentFinancialInstruments 2022-11-30 09858244 frs-core:Non-currentFinancialInstruments 2022-11-30 09858244 frs-core:ShareCapital 2022-11-30 09858244 frs-core:RetainedEarningsAccumulatedLosses 2022-11-30
Registered number: 09858244
FLASH RETAIL LIMITED
Financial Statements
For The Year Ended 30 November 2023
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 09858244
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 - 73,800
- 73,800
CURRENT ASSETS
Debtors 5 2,116,715 2,166,746
Cash at bank and in hand 27,200 46,947
2,143,915 2,213,693
Creditors: Amounts Falling Due Within One Year 6 (1,053,216 ) (1,238,167 )
NET CURRENT ASSETS (LIABILITIES) 1,090,699 975,526
TOTAL ASSETS LESS CURRENT LIABILITIES 1,090,699 1,049,326
Creditors: Amounts Falling Due After More Than One Year 7 (26,156 ) (30,005 )
NET ASSETS 1,064,543 1,019,321
CAPITAL AND RESERVES
Called up share capital 8 2 2
Profit and Loss Account 1,064,541 1,019,319
SHAREHOLDERS' FUNDS 1,064,543 1,019,321
Page 1
Page 2
For the year ending 30 November 2023 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 Josh Ajit Singh Arora
Director
29 November 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
FLASH RETAIL LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 09858244 . The registered office is Ground Floor, 5, Canberra Road, London, England,, W13 9BF.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
2.2. Turnover
Turnover is measured at the fair value of the consideration for rent receivable, net of discounts and VAT.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Motor Vehicles 20% Straight line method
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2022: )
- -
4. Tangible Assets
Motor Vehicles
£
Cost
As at 1 December 2022 123,000
Disposals (73,800 )
As at 30 November 2023 49,200
Depreciation
As at 1 December 2022 49,200
As at 30 November 2023 49,200
Net Book Value
As at 30 November 2023 -
As at 1 December 2022 73,800
5. Debtors
2023 2022
£ £
Due within one year
Trade debtors 109,527 92,405
Other debtors 2,007,188 2,074,341
2,116,715 2,166,746
Page 3
Page 4
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 181,459 254,211
Bank loans and overdrafts 11,526 6,618
Corporation tax 133,325 166,750
VAT 9,607 14,517
Other creditors 717,299 796,071
1,053,216 1,238,167
7. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans 26,156 30,005
8. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 2 2
9. Other information
FLASH RETAIL LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
Ground Floor,
5, Canberra Road
London
England,
W13 9BF
Page 4