Acorah Software Products - Accounts Production 16.1.200 false true 30 April 2023 1 May 2022 false 1 May 2023 30 April 2024 30 April 2024 NI072260 Mr Graham Robertson Mrs Kathryn Robertson Mr Graham Robertson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure NI072260 2023-04-30 NI072260 2024-04-30 NI072260 2023-05-01 2024-04-30 NI072260 frs-core:CurrentFinancialInstruments 2024-04-30 NI072260 frs-core:Non-currentFinancialInstruments 2024-04-30 NI072260 frs-core:BetweenOneFiveYears 2024-04-30 NI072260 frs-core:ComputerEquipment 2024-04-30 NI072260 frs-core:ComputerEquipment 2023-05-01 2024-04-30 NI072260 frs-core:ComputerEquipment 2023-04-30 NI072260 frs-core:FurnitureFittings 2024-04-30 NI072260 frs-core:FurnitureFittings 2023-05-01 2024-04-30 NI072260 frs-core:FurnitureFittings 2023-04-30 NI072260 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-04-30 NI072260 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-05-01 2024-04-30 NI072260 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-04-30 NI072260 frs-core:MotorVehicles 2024-04-30 NI072260 frs-core:MotorVehicles 2023-05-01 2024-04-30 NI072260 frs-core:MotorVehicles 2023-04-30 NI072260 frs-core:PlantMachinery 2023-05-01 2024-04-30 NI072260 frs-core:WithinOneYear 2024-04-30 NI072260 frs-core:CapitalRedemptionReserve 2024-04-30 NI072260 frs-core:ShareCapital 2024-04-30 NI072260 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 NI072260 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 NI072260 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 NI072260 frs-bus:SmallEntities 2023-05-01 2024-04-30 NI072260 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 NI072260 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 NI072260 frs-bus:Director1 2023-05-01 2024-04-30 NI072260 frs-bus:Director2 2023-05-01 2024-04-30 NI072260 frs-bus:CompanySecretary1 2023-05-01 2024-04-30 NI072260 frs-countries:NorthernIreland 2023-05-01 2024-04-30 NI072260 2022-04-30 NI072260 2023-04-30 NI072260 2022-05-01 2023-04-30 NI072260 frs-core:CurrentFinancialInstruments 2023-04-30 NI072260 frs-core:Non-currentFinancialInstruments 2023-04-30 NI072260 frs-core:BetweenOneFiveYears 2023-04-30 NI072260 frs-core:WithinOneYear 2023-04-30 NI072260 frs-core:CapitalRedemptionReserve 2023-04-30 NI072260 frs-core:ShareCapital 2023-04-30 NI072260 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30
Registered number: NI072260
Avrio Logistics Ltd
Unaudited Financial Statements
For The Year Ended 30 April 2024
Michael Watson Accountancy
22 Laganvale
Lurganure Road
Maze
Antrim
BT28 2XA
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: NI072260
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 146,843 231,666
146,843 231,666
CURRENT ASSETS
Debtors 5 441,048 508,783
Cash at bank and in hand 121,487 321,170
562,535 829,953
Creditors: Amounts Falling Due Within One Year 6 (282,917 ) (413,720 )
NET CURRENT ASSETS (LIABILITIES) 279,618 416,233
TOTAL ASSETS LESS CURRENT LIABILITIES 426,461 647,899
Creditors: Amounts Falling Due After More Than One Year 7 (12,429 ) (35,582 )
NET ASSETS 414,032 612,317
CAPITAL AND RESERVES
Called up share capital 9 1 1
Capital redemption reserve 1 1
Profit and Loss Account 414,030 612,315
SHAREHOLDERS' FUNDS 414,032 612,317
Page 1
Page 2
For the year ending 30 April 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 Graham Robertson
Director
Mrs Kathryn Robertson
Director
03/01/2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Avrio Logistics Ltd is a private company, limited by shares, incorporated in Northern Ireland, registered number NI072260 . The registered office is 37 Hampton Park, Belfast, BT7 3JP.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
2.2. Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. 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 20% straight line
Plant & Machinery 25% straight line
Motor Vehicles 25% straight line
Fixtures & Fittings 25% straight line
Computer Equipment 25% straight line
2.4. Leasing and Hire Purchase Contracts
Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
2.5. Taxation
The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.
2.6. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account. The notes which are not included have been hidden but original note numbering has remained the same for those that are present.
3. Average Number of Employees
Average number of employees, including directors, during the year was as follows:
2024 2023
Office and administration 8 6
Sales, marketing and distribution 8 9
16 15
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Page 4
4. Tangible Assets
Land & Property
Leasehold Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 May 2023 55,246 282,938 53,080 9,025 400,289
Additions - - 1,587 1,410 2,997
As at 30 April 2024 55,246 282,938 54,667 10,435 403,286
Depreciation
As at 1 May 2023 32,713 94,540 33,218 8,152 168,623
Provided during the period 10,710 69,932 6,434 744 87,820
As at 30 April 2024 43,423 164,472 39,652 8,896 256,443
Net Book Value
As at 30 April 2024 11,823 118,466 15,015 1,539 146,843
As at 1 May 2023 22,533 188,398 19,862 873 231,666
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 415,127 476,129
Prepayments and accrued income 24,980 31,783
Other debtors 941 871
441,048 508,783
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 22,386 171,559
Trade creditors 32,234 92,433
Corporation tax 151,125 84,080
Other taxes and social security 4,492 4,730
VAT 67,357 59,071
Accruals and deferred income 5,323 1,847
282,917 413,720
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 12,429 35,582
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8. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 23,705 178,713
Later than one year and not later than five years 13,065 37,537
36,770 216,250
Less: Finance charges allocated to future periods 1,955 9,109
34,815 207,141
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
10. Related Party Transactions
Page 5