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 07596154 Mr Shahbaz Khan iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07596154 2023-04-30 07596154 2024-04-30 07596154 2023-05-01 2024-04-30 07596154 frs-core:CurrentFinancialInstruments 2024-04-30 07596154 frs-core:ComputerEquipment 2024-04-30 07596154 frs-core:ComputerEquipment 2023-05-01 2024-04-30 07596154 frs-core:ComputerEquipment 2023-04-30 07596154 frs-core:ShareCapital 2024-04-30 07596154 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 07596154 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 07596154 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 07596154 frs-bus:SmallEntities 2023-05-01 2024-04-30 07596154 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 07596154 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 07596154 frs-bus:Director1 2023-05-01 2024-04-30 07596154 frs-countries:EnglandWales 2023-05-01 2024-04-30 07596154 2022-04-30 07596154 2023-04-30 07596154 2022-05-01 2023-04-30 07596154 frs-core:CurrentFinancialInstruments 2023-04-30 07596154 frs-core:ShareCapital 2023-04-30 07596154 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30
Registered number: 07596154
Learning Nations Ltd
Financial Statements
For The Year Ended 30 April 2024
JR Accounts
Chartered Certified Accountants
164-166 High Road
Ilford
Essex
IG1 1LL
Contents
Page
Company Information 1
Balance Sheet 2—3
Notes to the Financial Statements 4—5
Page 1
Company Information
Director Mr Shahbaz Khan
Company Number 07596154
Registered Office 164-166 High Road
Ilford
Essex
IG1 1LL
Accountants JR Accounts
Chartered Certified Accountants
164-166 High Road
Ilford
Essex
IG1 1LL
Page 1
Page 2
Balance Sheet
Registered number: 07596154
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 741 988
741 988
CURRENT ASSETS
Debtors 5 832 832
Cash at bank and in hand 471 226
1,303 1,058
Creditors: Amounts Falling Due Within One Year 6 (41,842 ) (35,343 )
NET CURRENT ASSETS (LIABILITIES) (40,539 ) (34,285 )
TOTAL ASSETS LESS CURRENT LIABILITIES (39,798 ) (33,297 )
NET LIABILITIES (39,798 ) (33,297 )
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account (39,898 ) (33,397 )
SHAREHOLDERS' FUNDS (39,798) (33,297)
Page 2
Page 3
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 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 Shahbaz Khan
Director
6 January 2025
The notes on pages 4 to 5 form part of these financial statements.
Page 3
Page 4
Notes to the Financial Statements
1. General Information
Learning Nations Ltd Registered number 07596154 is a limited by shares company incorporated in England & Wales. The Registered Office is 164-166 High Road, Ilford, Essex, IG1 1LL.
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:
Computer Equipment 25% reducing balance method
3. Average Number of Employees
Average number of employees, including the director, during the year was: 1 (2023: 1)
1 1
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 May 2023 2,981
As at 30 April 2024 2,981
...CONTINUED
Page 4
Page 5
Depreciation
As at 1 May 2023 1,993
Provided during the period 247
As at 30 April 2024 2,240
Net Book Value
As at 30 April 2024 741
As at 1 May 2023 988
5. Debtors
2024 2023
£ £
Due within one year
Other debtors 832 832
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 4,800 4,800
Accruals and deferred income 300 300
Director's loan account 36,742 30,243
41,842 35,343
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 5