Acorah Software Products - Accounts Production 16.0.110 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 10001946 Mr W M Ferguson Ms S Wilkin Mr P R Mucklow Mr J P Face Mr P Richards Mr G Cervino Mr C M Willis Ms S Scott Mr B M Crocker Ms J E Stevenson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10001946 2023-03-31 10001946 2024-03-31 10001946 2023-04-01 2024-03-31 10001946 frs-core:CurrentFinancialInstruments 2024-03-31 10001946 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 10001946 frs-bus:CompanyLimitedByGuarantee 2023-04-01 2024-03-31 10001946 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 10001946 frs-bus:SmallEntities 2023-04-01 2024-03-31 10001946 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 10001946 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 10001946 frs-bus:Director1 2023-04-01 2024-03-31 10001946 frs-bus:Director2 2023-04-01 2024-03-31 10001946 frs-bus:Director3 2023-04-01 2024-03-31 10001946 frs-bus:Director4 2023-04-01 2024-03-31 10001946 frs-bus:Director5 2023-04-01 2024-03-31 10001946 frs-bus:Director6 2023-04-01 2024-03-31 10001946 frs-bus:Director7 2023-04-01 2024-03-31 10001946 frs-bus:Director8 2023-04-01 2024-03-31 10001946 frs-bus:Director9 2023-04-01 2024-03-31 10001946 frs-bus:Director10 2023-04-01 2024-03-31 10001946 frs-countries:EnglandWales 2023-04-01 2024-03-31 10001946 2022-03-31 10001946 2023-03-31 10001946 2022-04-01 2023-03-31 10001946 frs-core:CurrentFinancialInstruments 2023-03-31 10001946 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 10001946
Association Of University Engineers
Financial Statements
For The Year Ended 31 March 2024
Contents
Page
Statement of Financial Position 1
Notes to the Financial Statements 2
Page 1
Statement of Financial Position
Registered number: 10001946
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 52,972 46,316
Cash at bank and in hand 309,654 290,620
362,626 336,936
Creditors: Amounts Falling Due Within One Year 5 (1,725 ) (2,680 )
NET CURRENT ASSETS (LIABILITIES) 360,901 334,256
TOTAL ASSETS LESS CURRENT LIABILITIES 360,901 334,256
NET ASSETS 360,901 334,256
Income Statement 360,901 334,256
MEMBERS' FUNDS 360,901 334,256
For the year ending 31 March 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
Mr P Richards
Director
29 October 2024
The notes on page 2 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Association Of University Engineers is a private company, limited by guarantee, incorporated in England & Wales, registered number 10001946 . The registered office is The Innovation Centre, 217 Portobello, Sheffield, S1 4DP.
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.
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Debtors
2024 2023
£ £
Due within one year
Trade debtors 2,500 500
Other debtors 50,472 45,816
52,972 46,316
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 420 768
Other creditors 1,305 1,912
1,725 2,680
6. Reserves
Income and Expenditure Account - This reserve records retained earnings and accumulated losses.
7. Company limited by guarantee
The company is limited by guarantee and has no share capital.
Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
Page 2