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 07142186 Mr Amrit Sagoo Mrs Joginder Sagoo iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07142186 2023-02-28 07142186 2024-02-28 07142186 2023-03-01 2024-02-28 07142186 frs-core:CurrentFinancialInstruments 2024-02-28 07142186 frs-core:Non-currentFinancialInstruments 2024-02-28 07142186 frs-core:ComputerEquipment 2024-02-28 07142186 frs-core:ComputerEquipment 2023-03-01 2024-02-28 07142186 frs-core:ComputerEquipment 2023-02-28 07142186 frs-core:PlantMachinery 2024-02-28 07142186 frs-core:PlantMachinery 2023-03-01 2024-02-28 07142186 frs-core:PlantMachinery 2023-02-28 07142186 frs-core:ShareCapital 2024-02-28 07142186 frs-core:RetainedEarningsAccumulatedLosses 2024-02-28 07142186 frs-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-28 07142186 frs-bus:FilletedAccounts 2023-03-01 2024-02-28 07142186 frs-bus:SmallEntities 2023-03-01 2024-02-28 07142186 frs-bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-28 07142186 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-28 07142186 frs-bus:Director1 2023-03-01 2024-02-28 07142186 frs-bus:Director2 2023-03-01 2024-02-28 07142186 frs-countries:EnglandWales 2023-03-01 2024-02-28 07142186 2022-02-28 07142186 2023-02-28 07142186 2022-03-01 2023-02-28 07142186 frs-core:CurrentFinancialInstruments 2023-02-28 07142186 frs-core:Non-currentFinancialInstruments 2023-02-28 07142186 frs-core:ShareCapital 2023-02-28 07142186 frs-core:RetainedEarningsAccumulatedLosses 2023-02-28
Registered number: 07142186
Autumn Down Limited
Unaudited Financial Statements
For The Year Ended 28 February 2024
Alliance Group London
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 07142186
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 38,798 38,798
38,798 38,798
CURRENT ASSETS
Stocks 5 - 10,980
Debtors 6 45,304 45,304
Cash at bank and in hand 23,098 23,098
68,402 79,382
Creditors: Amounts Falling Due Within One Year 7 (58,602 ) (58,602 )
NET CURRENT ASSETS (LIABILITIES) 9,800 20,780
TOTAL ASSETS LESS CURRENT LIABILITIES 48,598 59,578
Creditors: Amounts Falling Due After More Than One Year 8 (55,000 ) (55,000 )
NET (LIABILITIES)/ASSETS (6,402 ) 4,578
CAPITAL AND RESERVES
Called up share capital 9 12 12
Profit and Loss Account (6,414 ) 4,566
SHAREHOLDERS' FUNDS (6,402) 4,578
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 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
Mr Amrit Sagoo
Director
30/11/2024
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
Autumn Down Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07142186 . The registered office is 26-42 Plumstead High Street, London, SE18 1SL.
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% SL
Computer Equipment 20% SL
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 10 (2023: 11)
10 11
4. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 1 March 2023 39,880 3,632 43,512
As at 28 February 2024 39,880 3,632 43,512
Depreciation
As at 1 March 2023 3,988 726 4,714
As at 28 February 2024 3,988 726 4,714
Net Book Value
As at 28 February 2024 35,892 2,906 38,798
As at 1 March 2023 35,892 2,906 38,798
Page 3
Page 4
5. Stocks
2024 2023
£ £
Stock - 10,980
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 45,304 45,304
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 43,897 43,897
Other loans 14,705 14,705
58,602 58,602
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Directors loan account 55,000 55,000
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 12 12
Page 4