Acorah Software Products - Accounts Production 14.6.300 false true 28 February 2023 1 March 2022 false 1 March 2023 28 February 2024 28 February 2024 13178117 Mr Richard Harris iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13178117 2023-02-28 13178117 2024-02-28 13178117 2023-03-01 2024-02-28 13178117 frs-core:CurrentFinancialInstruments 2024-02-28 13178117 frs-core:Non-currentFinancialInstruments 2024-02-28 13178117 frs-core:ComputerEquipment 2024-02-28 13178117 frs-core:ComputerEquipment 2023-03-01 2024-02-28 13178117 frs-core:ComputerEquipment 2023-02-28 13178117 frs-core:MotorVehicles 2024-02-28 13178117 frs-core:MotorVehicles 2023-03-01 2024-02-28 13178117 frs-core:MotorVehicles 2023-02-28 13178117 frs-core:PlantMachinery 2024-02-28 13178117 frs-core:PlantMachinery 2023-03-01 2024-02-28 13178117 frs-core:PlantMachinery 2023-02-28 13178117 frs-core:ShareCapital 2024-02-28 13178117 frs-core:RetainedEarningsAccumulatedLosses 2024-02-28 13178117 frs-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-28 13178117 frs-bus:FilletedAccounts 2023-03-01 2024-02-28 13178117 frs-bus:SmallEntities 2023-03-01 2024-02-28 13178117 frs-bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-28 13178117 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-28 13178117 frs-bus:Director1 2023-03-01 2024-02-28 13178117 frs-countries:EnglandWales 2023-03-01 2024-02-28 13178117 2022-02-28 13178117 2023-02-28 13178117 2022-03-01 2023-02-28 13178117 frs-core:CurrentFinancialInstruments 2023-02-28 13178117 frs-core:Non-currentFinancialInstruments 2023-02-28 13178117 frs-core:ShareCapital 2023-02-28 13178117 frs-core:RetainedEarningsAccumulatedLosses 2023-02-28
Registered number: 13178117
Visual Outlaw Ltd
Unaudited Financial Statements
For The Year Ended 28 February 2024
AVANTI TAX ACCOUNTANTS-LEN
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 13178117
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 24,229 11,570
24,229 11,570
CURRENT ASSETS
Debtors 5 23,236 3,099
Cash at bank and in hand - 12
23,236 3,111
Creditors: Amounts Falling Due Within One Year 6 (32,661 ) (42,572 )
NET CURRENT ASSETS (LIABILITIES) (9,425 ) (39,461 )
TOTAL ASSETS LESS CURRENT LIABILITIES 14,804 (27,891 )
Creditors: Amounts Falling Due After More Than One Year 7 (33,915 ) -
NET LIABILITIES (19,111 ) (27,891 )
CAPITAL AND RESERVES
Called up share capital 8 1 1
Profit and Loss Account (19,112 ) (27,892 )
SHAREHOLDERS' FUNDS (19,111) (27,891)
Page 1
Page 2
For the year ending 28 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 Richard Harris
Director
29/11/2024
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
Visual Outlaw Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13178117 . The registered office is Biz Space, Kestrel House, Knightrider Street, Maidstone, Kent, ME15 6LU.
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 10 years
Motor Vehicles 5 years
Computer Equipment 3 years
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 March 2023 195 8,950 2,425 11,570
Additions 15,005 - - 15,005
As at 28 February 2024 15,200 8,950 2,425 26,575
Depreciation
As at 1 March 2023 - - - -
Provided during the period - 1,790 556 2,346
As at 28 February 2024 - 1,790 556 2,346
Net Book Value
As at 28 February 2024 15,200 7,160 1,869 24,229
As at 1 March 2023 195 8,950 2,425 11,570
Page 3
Page 4
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 24,884 -
Prepayments and accrued income (1,648 ) (808 )
VAT - 3,907
23,236 3,099
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 30,073 2,842
VAT 2,588 -
Director's loan account - 39,730
32,661 42,572
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Directors loan account 33,915 -
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
Page 4