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 10151911 Mr Matthew Anstey Mrs Marie Anstey iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10151911 2023-04-30 10151911 2024-04-30 10151911 2023-05-01 2024-04-30 10151911 frs-core:CurrentFinancialInstruments 2024-04-30 10151911 frs-core:ComputerEquipment 2024-04-30 10151911 frs-core:ComputerEquipment 2023-05-01 2024-04-30 10151911 frs-core:ComputerEquipment 2023-04-30 10151911 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-04-30 10151911 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-05-01 2024-04-30 10151911 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-04-30 10151911 frs-core:FurnitureFittings 2024-04-30 10151911 frs-core:FurnitureFittings 2023-05-01 2024-04-30 10151911 frs-core:FurnitureFittings 2023-04-30 10151911 frs-core:PlantMachinery 2024-04-30 10151911 frs-core:PlantMachinery 2023-05-01 2024-04-30 10151911 frs-core:PlantMachinery 2023-04-30 10151911 frs-core:ShareCapital 2024-04-30 10151911 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 10151911 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 10151911 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 10151911 frs-bus:SmallEntities 2023-05-01 2024-04-30 10151911 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 10151911 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 10151911 frs-bus:Director1 2023-05-01 2024-04-30 10151911 frs-bus:Director2 2023-05-01 2024-04-30 10151911 frs-countries:EnglandWales 2023-05-01 2024-04-30 10151911 2022-04-30 10151911 2023-04-30 10151911 2022-05-01 2023-04-30 10151911 frs-core:CurrentFinancialInstruments 2023-04-30 10151911 frs-core:ShareCapital 2023-04-30 10151911 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30
Registered number: 10151911
Azzurro Training Ltd.
Unaudited Financial Statements
For The Year Ended 30 April 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 10151911
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 2,987 3,485
Tangible Assets 5 1,264 1,741
4,251 5,226
CURRENT ASSETS
Debtors 6 42,987 23,239
Cash at bank and in hand 47,092 28,453
90,079 51,692
Creditors: Amounts Falling Due Within One Year 7 (23,261 ) (13,648 )
NET CURRENT ASSETS (LIABILITIES) 66,818 38,044
TOTAL ASSETS LESS CURRENT LIABILITIES 71,069 43,270
NET ASSETS 71,069 43,270
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 70,969 43,170
SHAREHOLDERS' FUNDS 71,069 43,270
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 Matthew Anstey
Director
6 December 2024
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
Azzurro Training Ltd. is a private company, limited by shares, incorporated in England & Wales, registered number 10151911 . The registered office is 27 Shepherds Close, Beaconsfield, Buckinghamshire, HP9 2EA.
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. Research and Development
In the research phase of an internal project it is not possible to demonstrate that the project will generate future economic benefits and hence all expenditure on research is recognised as an expense when it is incurred. Intangible assets are recognised from the development phase of a project if and only if certain specific criteria are met in order to demonstrate the asset will generate probable future economic benefits and that its cost can be reliably measured. The capitalised development costs are subsequently amortised  on a straight line basis over their expected useful economic lives, of 10 years.
If it is not possible to distinguish between the research phase and the development phase of an internal project the expenditure is treated as if it were all incurred in the research phase only.
2.4. 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:
Plant & Machinery 25% Straight Line
Fixtures & Fittings 25% Straight Line
Computer Equipment 25% Straight Line
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
...CONTINUED
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2.5. Taxation - continued
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 1)
2 1
4. Intangible Assets
Development Costs
£
Cost
As at 1 May 2023 4,978
As at 30 April 2024 4,978
Amortisation
As at 1 May 2023 1,493
Provided during the period 498
As at 30 April 2024 1,991
Net Book Value
As at 30 April 2024 2,987
As at 1 May 2023 3,485
5. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 May 2023 2,760 339 4,086 7,185
Additions 299 - - 299
As at 30 April 2024 3,059 339 4,086 7,484
Depreciation
As at 1 May 2023 2,423 85 2,936 5,444
Provided during the period 187 85 504 776
As at 30 April 2024 2,610 170 3,440 6,220
Net Book Value
As at 30 April 2024 449 169 646 1,264
As at 1 May 2023 337 254 1,150 1,741
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6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 2,352 2,604
Other debtors 2,625 2,625
4,977 5,229
Due after more than one year
Other debtors 38,010 18,010
42,987 23,239
Other Debtors figure is a balance owed to Azzurro Training Ltd from a registered company of which Matthew Anstey is also a director
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors - 1
Other creditors 1,898 3,296
Taxation and social security 21,363 10,351
23,261 13,648
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
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