Acorah Software Products - Accounts Production 16.0.110 false true 30 April 2023 1 May 2022 false 1 May 2023 30 April 2024 30 April 2024 08772584 Mr M D Musselwhite Mr S J Knowler iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08772584 2023-04-30 08772584 2024-04-30 08772584 2023-05-01 2024-04-30 08772584 frs-core:CurrentFinancialInstruments 2024-04-30 08772584 frs-core:Non-currentFinancialInstruments 2024-04-30 08772584 frs-core:ShareCapital 2024-04-30 08772584 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 08772584 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 08772584 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 08772584 frs-bus:SmallEntities 2023-05-01 2024-04-30 08772584 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 08772584 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 08772584 frs-bus:Director1 2023-05-01 2024-04-30 08772584 frs-bus:Director2 2023-05-01 2024-04-30 08772584 frs-countries:EnglandWales 2023-05-01 2024-04-30 08772584 2022-04-30 08772584 2023-04-30 08772584 2022-05-01 2023-04-30 08772584 frs-core:CurrentFinancialInstruments 2023-04-30 08772584 frs-core:Non-currentFinancialInstruments 2023-04-30 08772584 frs-core:ShareCapital 2023-04-30 08772584 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30
Registered number: 08772584
Asset Funding Solutions Limited
Financial Statements
For The Year Ended 30 April 2024
Oakensen (Bristol) Limited
Chartered Accountants
Westbury Court Church Road
Westbury-on-Trym
Bristol
BS9 3EF
Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3
Page 1
Balance Sheet
Registered number: 08772584
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Cash at bank and in hand 31 3,863
31 3,863
Creditors: Amounts Falling Due Within One Year 3 (2,159 ) (2,005 )
NET CURRENT ASSETS (LIABILITIES) (2,128 ) 1,858
TOTAL ASSETS LESS CURRENT LIABILITIES (2,128 ) 1,858
Creditors: Amounts Falling Due After More Than One Year 4 - (2,631 )
NET LIABILITIES (2,128 ) (773 )
CAPITAL AND RESERVES
Called up share capital 5 4 3
Profit and Loss Account (2,132 ) (776 )
SHAREHOLDERS' FUNDS (2,128) (773)
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 M D Musselwhite
Director
13 January 2025
The notes on page 3 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. Accounting Policies
1.1. 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.
1.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts. Turnover includes revenue earned from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
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. Average Number of Employees
Average number of employees, including directors, during the year was as follows: NIL (2023: NIL)
- -
3. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors (1 ) 85
Accruals and deferred income 1,080 840
Directors' loan accounts 1,080 1,080
2,159 2,005
4. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Other creditors - 2,631
- 2,631
5. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 4 3
6. General Information
Asset Funding Solutions Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08772584 . The registered office is Westbury Court Church Road, Westbury-On-Trym, Bristol, BS9 3EF.
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