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 12285621 Mr Ben Zion Shmuel Klepner Mr Joseph Roth iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12285621 2023-04-30 12285621 2024-04-30 12285621 2023-05-01 2024-04-30 12285621 frs-core:CurrentFinancialInstruments 2024-04-30 12285621 frs-core:Non-currentFinancialInstruments 2024-04-30 12285621 frs-core:MotorVehicles 2024-04-30 12285621 frs-core:MotorVehicles 2023-05-01 2024-04-30 12285621 frs-core:MotorVehicles 2023-04-30 12285621 frs-core:ShareCapital 2024-04-30 12285621 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 12285621 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 12285621 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 12285621 frs-bus:SmallEntities 2023-05-01 2024-04-30 12285621 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 12285621 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 12285621 frs-bus:Director1 2023-05-01 2024-04-30 12285621 frs-bus:Director2 2023-05-01 2024-04-30 12285621 frs-countries:EnglandWales 2023-05-01 2024-04-30 12285621 2022-04-30 12285621 2023-04-30 12285621 2022-05-01 2023-04-30 12285621 frs-core:CurrentFinancialInstruments 2023-04-30 12285621 frs-core:Non-currentFinancialInstruments 2023-04-30 12285621 frs-core:ShareCapital 2023-04-30 12285621 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30
Registered number: 12285621
Executive Ms Ltd
Unaudited Financial Statements
For The Year Ended 30 April 2024
JS & CO ACCOUNTANTS LTD
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 12285621
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 65,290 43,720
65,290 43,720
CURRENT ASSETS
Stocks 5 162,700 43,560
Debtors 6 753,817 163,960
Cash at bank and in hand 87,102 30,289
1,003,619 237,809
Creditors: Amounts Falling Due Within One Year 7 (992,763 ) (245,481 )
NET CURRENT ASSETS (LIABILITIES) 10,856 (7,672 )
TOTAL ASSETS LESS CURRENT LIABILITIES 76,146 36,048
Creditors: Amounts Falling Due After More Than One Year 8 (83,118 ) (84,872 )
NET LIABILITIES (6,972 ) (48,824 )
CAPITAL AND RESERVES
Called up share capital 9 1 1
Profit and Loss Account (6,973 ) (48,825 )
SHAREHOLDERS' FUNDS (6,972) (48,824)
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 Ben Zion Shmuel Klepner
Director
12/12/2024
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
Executive Ms Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12285621 . The registered office is 68 Gladesmore Road, London, N15 6TD.
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:
Motor Vehicles 25 % reducing balance
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: 17 (2023: 15)
17 15
4. Tangible Assets
Motor Vehicles
£
Cost
As at 1 May 2023 95,384
Additions 43,333
As at 30 April 2024 138,717
Depreciation
As at 1 May 2023 51,664
Provided during the period 21,763
As at 30 April 2024 73,427
...CONTINUED
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Net Book Value
As at 30 April 2024 65,290
As at 1 May 2023 43,720
5. Stocks
2024 2023
£ £
Stock 162,700 43,560
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 713,980 142,106
Other debtors 35,540 540
VAT 4,297 21,314
753,817 163,960
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 77,259 132,549
Bank loans and overdrafts 13,874 13,874
Other creditors 900,880 98,308
Accruals and deferred income 750 750
992,763 245,481
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 83,118 84,872
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
Page 4