Acorah Software Products - Accounts Production 16.0.110 false true true 30 April 2023 1 May 2022 false 1 May 2023 30 April 2024 30 April 2024 08501005 Mr I M Fleming iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08501005 2023-04-30 08501005 2024-04-30 08501005 2023-05-01 2024-04-30 08501005 frs-core:CurrentFinancialInstruments 2024-04-30 08501005 frs-core:ComputerEquipment 2023-05-01 2024-04-30 08501005 frs-core:PlantMachinery 2024-04-30 08501005 frs-core:PlantMachinery 2023-04-30 08501005 frs-core:ShareCapital 2024-04-30 08501005 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 08501005 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 08501005 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 08501005 frs-bus:SmallEntities 2023-05-01 2024-04-30 08501005 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 08501005 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 08501005 frs-bus:Director1 2023-05-01 2024-04-30 08501005 frs-countries:EnglandWales 2023-05-01 2024-04-30 08501005 2022-04-30 08501005 2023-04-30 08501005 2022-05-01 2023-04-30 08501005 frs-core:CurrentFinancialInstruments 2023-04-30 08501005 frs-core:ShareCapital 2023-04-30 08501005 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30
Registered number: 08501005
Situ Architecture Limited
Unaudited Financial Statements
For The Year Ended 30 April 2024
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 08501005
2024 2023
Notes £ £ £ £
FIXED ASSETS
CURRENT ASSETS
Cash at bank and in hand 6,090 262
6,090 262
Creditors: Amounts Falling Due Within One Year 5 (46,786 ) (31,731 )
NET CURRENT ASSETS (LIABILITIES) (40,696 ) (31,469 )
TOTAL ASSETS LESS CURRENT LIABILITIES (40,696 ) (31,469 )
NET LIABILITIES (40,696 ) (31,469 )
CAPITAL AND RESERVES
Called up share capital 6 100 100
Profit and Loss Account (40,796 ) (31,569 )
SHAREHOLDERS' FUNDS (40,696) (31,469)
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 member has 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 I M Fleming
Director
13/01/2025
The notes on pages 2 to 3 form part of these financial statements.
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Page 2
Notes to the Financial Statements
1. General Information
Situ Architecture Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08501005 . The registered office is 27 Stevens Avenue, London, E9 6RX.
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. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. 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 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.
2.4. 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:
Computer Equipment 3 years straight line
2.5. Financial Instruments
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
Trade debtors
Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.
Trade creditors
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
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4. Tangible Assets
Plant & Machinery etc.
£
Cost
As at 1 May 2023 2,845
As at 30 April 2024 2,845
Depreciation
As at 1 May 2023 2,845
As at 30 April 2024 2,845
Net Book Value
As at 30 April 2024 -
As at 1 May 2023 -
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other creditors 46,307 31,731
Taxation and social security 479 -
46,786 31,731
6. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
7. Related Party Transactions
Included in creditors is an amount of £45,713 (2023: £31,137) owed to the director. This amount is unsecure, interest free and repayable on demand.
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