Acorah Software Products - Accounts Production 16.0.110 false true 28 February 2023 1 March 2022 false 1 March 2023 28 February 2024 28 February 2024 06206425 Mr SEPEHR DJADIDIAN Dr Kimia Mirzakhani iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06206425 2023-02-28 06206425 2024-02-28 06206425 2023-03-01 2024-02-28 06206425 frs-core:CurrentFinancialInstruments 2024-02-28 06206425 frs-core:ComputerEquipment 2024-02-28 06206425 frs-core:ComputerEquipment 2023-03-01 2024-02-28 06206425 frs-core:ComputerEquipment 2023-02-28 06206425 frs-core:PlantMachinery 2024-02-28 06206425 frs-core:PlantMachinery 2023-03-01 2024-02-28 06206425 frs-core:PlantMachinery 2023-02-28 06206425 frs-core:ShareCapital 2024-02-28 06206425 frs-core:RetainedEarningsAccumulatedLosses 2024-02-28 06206425 frs-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-28 06206425 frs-bus:FilletedAccounts 2023-03-01 2024-02-28 06206425 frs-bus:SmallEntities 2023-03-01 2024-02-28 06206425 frs-bus:AuditExemptWithAccountantsReport 2023-03-01 2024-02-28 06206425 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-28 06206425 frs-bus:Director1 2023-03-01 2024-02-28 06206425 frs-bus:CompanySecretary1 2023-03-01 2024-02-28 06206425 frs-countries:EnglandWales 2023-03-01 2024-02-28 06206425 2022-02-28 06206425 2023-02-28 06206425 2022-03-01 2023-02-28 06206425 frs-core:CurrentFinancialInstruments 2023-02-28 06206425 frs-core:ShareCapital 2023-02-28 06206425 frs-core:RetainedEarningsAccumulatedLosses 2023-02-28
Registered number: 06206425
OTIF Programme Delivery Limited
Unaudited Financial Statements
For The Year Ended 28 February 2024
Anderson Ross Accounting & Tax Ltd
G-05 Davenport House
16 Pepper Street
London
E14 9RP
Contents
Page
Accountants' Report 1
Balance Sheet 2—3
Notes to the Financial Statements 4—6
Page 1
Accountants' Report
Report to the director on the preparation of the unaudited statutory accounts of OTIF Programme Delivery Limited For The Year Ended 28 February 2024
To assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of OTIF Programme Delivery Limited which comprise the Profit and Loss Account, the Balance Sheet and the related notes, from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.
This report is made to the director of OTIF Programme Delivery Limited , as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of OTIF Programme Delivery Limited and state those matters that we have agreed to state to the director of OTIF Programme Delivery Limited , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than OTIF Programme Delivery Limited and its director as a body for our work or for this report.
It is your duty to ensure that OTIF Programme Delivery Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of OTIF Programme Delivery Limited . You consider that OTIF Programme Delivery Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of OTIF Programme Delivery Limited . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
Signed
Anderson Ross Accounting and Tax
28 November 2024
Anderson Ross Accounting & Tax Ltd
G-05 Davenport House
16 Pepper Street
London
E14 9RP
Page 1
Page 2
Balance Sheet
Registered number: 06206425
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 35,219 39,721
35,219 39,721
CURRENT ASSETS
Debtors 5 4,512 30,657
Cash at bank and in hand 13,432 2,128
17,944 32,785
Creditors: Amounts Falling Due Within One Year 6 (13,934 ) (19,944 )
NET CURRENT ASSETS (LIABILITIES) 4,010 12,841
TOTAL ASSETS LESS CURRENT LIABILITIES 39,229 52,562
NET ASSETS 39,229 52,562
CAPITAL AND RESERVES
Called up share capital 7 1,000 1,000
Profit and Loss Account 38,229 51,562
SHAREHOLDERS' FUNDS 39,229 52,562
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Page 3
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 SEPEHR DJADIDIAN
Director
28 November 2024
The notes on pages 4 to 6 form part of these financial statements.
Page 3
Page 4
Notes to the Financial Statements
1. General Information
OTIF Programme Delivery Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06206425 . The registered office is 63 Kings Road, Berkhamsted, HP4 3BP.
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.
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 20% reducing balance
Computer Equipment 20% reducing balance
2.4. Taxation
Income tax expense represents the sum of the tax currently payable.
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 year 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.

3. Average Number of Employees
Average number of employees, including directors, during the year was:
2024 2023
Office and administration 1 1
1 1
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4. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 1 March 2023 193,097 1,124 194,221
Additions - 3,667 3,667
As at 28 February 2024 193,097 4,791 197,888
Depreciation
As at 1 March 2023 154,238 262 154,500
Provided during the period 7,772 397 8,169
As at 28 February 2024 162,010 659 162,669
Net Book Value
As at 28 February 2024 31,087 4,132 35,219
As at 1 March 2023 38,859 862 39,721
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors - 10,800
Other debtors 4,512 19,857
4,512 30,657
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors - 2,709
Corporation tax - 1,687
VAT 3,781 1,329
Net wages 593 2,393
Director's loan account 9,560 11,826
13,934 19,944
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1,000 1,000
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8. Related Party Transactions
Included in creditors falling due within one year is an amount of £9,560 (2023: £11,826) payable to the director. The loan is interest free.
Page 6