Acorah Software Products - Accounts Production 16.1.300 false true 31 August 2023 1 September 2022 false 1 September 2023 31 August 2024 31 August 2024 10217592 Mr Daniel Pedley Mr Sebastian Pedley iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10217592 2023-08-31 10217592 2024-08-31 10217592 2023-09-01 2024-08-31 10217592 frs-core:CurrentFinancialInstruments 2024-08-31 10217592 frs-core:Non-currentFinancialInstruments 2024-08-31 10217592 frs-core:ShareCapital 2024-08-31 10217592 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 10217592 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 10217592 frs-bus:FilletedAccounts 2023-09-01 2024-08-31 10217592 frs-bus:SmallEntities 2023-09-01 2024-08-31 10217592 frs-bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 10217592 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 10217592 frs-bus:Director1 2023-09-01 2024-08-31 10217592 frs-bus:Director2 2023-09-01 2024-08-31 10217592 frs-countries:EnglandWales 2023-09-01 2024-08-31 10217592 2022-08-31 10217592 2023-08-31 10217592 2022-09-01 2023-08-31 10217592 frs-core:CurrentFinancialInstruments 2023-08-31 10217592 frs-core:Non-currentFinancialInstruments 2023-08-31 10217592 frs-core:ShareCapital 2023-08-31 10217592 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31
Registered number: 10217592
Visionary Sports Academy Limited
Unaudited Financial Statements
For The Year Ended 31 August 2024
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 10217592
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 39,386 7,680
Cash at bank and in hand 1,457 12,405
40,843 20,085
Creditors: Amounts Falling Due Within One Year 5 (32,851 ) (8,724 )
NET CURRENT ASSETS (LIABILITIES) 7,992 11,361
TOTAL ASSETS LESS CURRENT LIABILITIES 7,992 11,361
Creditors: Amounts Falling Due After More Than One Year 6 (2,960 ) (6,750 )
NET ASSETS 5,032 4,611
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account 4,932 4,511
SHAREHOLDERS' FUNDS 5,032 4,611
For the year ending 31 August 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 Daniel Pedley
Director
12/01/2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Visionary Sports Academy Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10217592 . The registered office is 57 Park Avenue, Chelmsford, Essex, CM1 2AB.
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 6 (2023: 7)
6 7
4. Debtors
2024 2023
£ £
Due within one year
Trade debtors 39,386 4,351
Other debtors - 3,329
39,386 7,680
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 3 -
Bank loans and overdrafts 4,259 4,259
Other creditors 18,499 339
Taxation and social security 10,090 4,126
32,851 8,724
6. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 2,960 6,750
Page 2
Page 3
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 3