Acorah Software Products - Accounts Production 14.6.300 false true 31 August 2023 1 October 2022 false 1 September 2023 31 August 2024 31 August 2024 10954245 Mr Russell Moreton iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10954245 2023-08-31 10954245 2024-08-31 10954245 2023-09-01 2024-08-31 10954245 frs-core:CurrentFinancialInstruments 2024-08-31 10954245 frs-core:Non-currentFinancialInstruments 2024-08-31 10954245 frs-core:FurnitureFittings 2023-09-01 2024-08-31 10954245 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-09-01 2024-08-31 10954245 frs-core:PlantMachinery 2023-09-01 2024-08-31 10954245 frs-core:ShareCapital 2024-08-31 10954245 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 10954245 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 10954245 frs-bus:FilletedAccounts 2023-09-01 2024-08-31 10954245 frs-bus:SmallEntities 2023-09-01 2024-08-31 10954245 frs-bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 10954245 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 10954245 frs-bus:Director1 2023-09-01 2024-08-31 10954245 frs-countries:EnglandWales 2023-09-01 2024-08-31 10954245 2022-09-30 10954245 2023-08-31 10954245 2022-10-01 2023-08-31 10954245 frs-core:CurrentFinancialInstruments 2023-08-31 10954245 frs-core:Non-currentFinancialInstruments 2023-08-31 10954245 frs-core:ShareCapital 2023-08-31 10954245 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31
Registered number: 10954245
Paloosa Ltd
Unaudited Financial Statements
For The Year Ended 31 August 2024
Courtview Accounting Ltd
483 Green Lanes
London
N13 4BS
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2
Page 1
Balance Sheet
Registered number: 10954245
31 August 2024 31 August 2023
Notes £ £ £ £
FIXED ASSETS
Creditors: Amounts Falling Due Within One Year 4 (31,605 ) (31,605 )
NET CURRENT ASSETS (LIABILITIES) (31,605 ) (31,605 )
TOTAL ASSETS LESS CURRENT LIABILITIES (31,605 ) (31,605 )
Creditors: Amounts Falling Due After More Than One Year 5 (32,733 ) (32,733 )
NET LIABILITIES (64,338 ) (64,338 )
CAPITAL AND RESERVES
Called up share capital 6 100 100
Profit and Loss Account (64,438 ) (64,438 )
SHAREHOLDERS' FUNDS (64,338) (64,338)
For the year ending 31 August 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 Russell Moreton
Director
01/01/2025
The notes on page 2 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Paloosa Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10954245 . The registered office is 8 Chenevare Mews, High Street, Kinver, Stourbridge, West Midlands, DY7 6HB.
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. 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:
Leasehold No depreciation is charged on leasehold additions
Plant & Machinery 25% on net book value
Fixtures & Fittings 25% on net book value
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Creditors: Amounts Falling Due Within One Year
31 August 2024 31 August 2023
£ £
Other taxes and social security 4,431 4,431
Accruals and deferred income 495 495
Director's loan account 26,679 26,679
31,605 31,605
5. Creditors: Amounts Falling Due After More Than One Year
31 August 2024 31 August 2023
£ £
Bounce back loan 32,733 32,733
6. Share Capital
31 August 2024 31 August 2023
£ £
Allotted, Called up and fully paid 100 100
Page 2