Acorah Software Products - Accounts Production 16.0.110 false true true 31 May 2023 23 January 2023 false 1 June 2023 31 May 2024 31 May 2024 14610510 Dr F S Abdul Samad Mr H Fikury iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14610510 2023-05-31 14610510 2024-05-31 14610510 2023-06-01 2024-05-31 14610510 frs-core:CurrentFinancialInstruments 2024-05-31 14610510 frs-core:ShareCapital 2024-05-31 14610510 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 14610510 frs-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 14610510 frs-bus:FilletedAccounts 2023-06-01 2024-05-31 14610510 frs-bus:SmallEntities 2023-06-01 2024-05-31 14610510 frs-bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 14610510 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 14610510 frs-bus:Director1 2023-06-01 2024-05-31 14610510 frs-bus:Director2 2023-06-01 2024-05-31 14610510 frs-countries:EnglandWales 2023-06-01 2024-05-31 14610510 2023-01-22 14610510 2023-05-31 14610510 2023-01-23 2023-05-31 14610510 frs-core:CurrentFinancialInstruments 2023-05-31 14610510 frs-core:ShareCapital 2023-05-31 14610510 frs-core:RetainedEarningsAccumulatedLosses 2023-05-31
Registered number: 14610510
ALNA limited
Unaudited Financial Statements
For The Year Ended 31 May 2024
Strategic Partnership
Contents
Page
Statement of Financial Position 1
Notes to the Financial Statements 2—3
Page 1
Statement of Financial Position
Registered number: 14610510
31 May 2024 31 May 2023
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 11 18,854
Cash at bank and in hand 40,630 -
40,641 18,854
Creditors: Amounts Falling Due Within One Year 5 (15,005 ) (18,754 )
NET CURRENT ASSETS (LIABILITIES) 25,636 100
TOTAL ASSETS LESS CURRENT LIABILITIES 25,636 100
NET ASSETS 25,636 100
CAPITAL AND RESERVES
Called up share capital 6 100 100
Income Statement 25,536 -
SHAREHOLDERS' FUNDS 25,636 100
For the year ending 31 May 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 Income Statement.
On behalf of the board
Dr F S Abdul Samad
Director
28 November 2024
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
ALNA limited is a private company, limited by shares, incorporated in England & Wales, registered number 14610510 . The registered office is 11 Dering Close, Bridge, Canterbury, CT4 5ND.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
These financial statements are prepared in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
The financial statements are prepared in UK sterling, which is the financial currency of the entity. Monetary amounts in these financial statements are rounded to the nearest UK pound.
The principle accounting policies adopted are set below.
2.2. Going Concern Disclosure
The directors have considered the prospect of the business for the next twelve months and beyond and have arrived at a reasonable expectation the company will continue to meet its obligations as they fall due. The directors have also pledged their financial support to assist with this if required. On this basis, the directors will continue to adopt the going concem basis of accounting in preparing the financial statements.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
2.4. Financial Instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors, creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.
2.5. Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current or deferred taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.
Deferred Tax
Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.
The carrying amount of deferred tax assets is reviewed at each reporting end date 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 is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.
2.6. Cash and Cash Equivalents
Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
Page 2
Page 3
2.7. Critical Accounting Judgements and Key Sources of Estimation Uncertainty
In the application of the company's accounting policies management is required to make judgements, estimates and assumptions about the carrying value of assets and liabilities that are not readily ascertainable from other sources. The estimates and underlying assumptions are based on historical experience and other factors that are considered to be relevant. Actual outcomes may differ from these estimates.
The estimates and underlying assumptions are reviewed on a continuing basis. Revisions to accounting estimates are recognised in the period in which the estimates are revised.
The key areas of estimation uncertainty that have a significant effect on the amounts recognised in the financial statements are described below:
Accrued Expenditure
The company includes a provision for invoices which are yet to be received from and amounts paid in advance to suppliers.These provisions are estimated based upon the expected values of the invoices which are issued and services received following the period end.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Debtors
31 May 2024 31 May 2023
£ £
Due within one year
Other taxes and social security 11 -
Directors' loan accounts - 18,854
11 18,854
5. Creditors: Amounts Falling Due Within One Year
31 May 2024 31 May 2023
£ £
Corporation tax 12,676 16,554
Accruals and deferred income 2,300 2,200
Directors' loan accounts 29 -
15,005 18,754
6. Share Capital
31 May 2024 31 May 2023
£ £
Allotted, Called up and fully paid 100 100
The nominal value per share is £1 and there are 70 Ordinary Shares, 10 Ordinary A Shares, 10 Ordinary B Shares, and 10 Ordinary C Shares in issue.
7. Dividends
31 May 2024 31 May 2023
£ £
On equity shares:
Interim dividend paid 23,773 59,638
8. Related Party Transactions
The Director's loan account balances for Dr F Abdul Samad and Mr H Fikury total £29 as of the year end. This is a current liability, is interest-free, and is repayable on demand.
Page 3