Acorah Software Products - Accounts Production 16.1.300 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 03895415 Nicholas Pyne Danielle Kitis iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 03895415 2023-03-31 03895415 2024-03-31 03895415 2023-04-01 2024-03-31 03895415 frs-core:CurrentFinancialInstruments 2024-03-31 03895415 frs-core:ComputerEquipment 2024-03-31 03895415 frs-core:ComputerEquipment 2023-04-01 2024-03-31 03895415 frs-core:ComputerEquipment 2023-03-31 03895415 frs-core:FurnitureFittings 2024-03-31 03895415 frs-core:FurnitureFittings 2023-04-01 2024-03-31 03895415 frs-core:FurnitureFittings 2023-03-31 03895415 frs-core:ShareCapital 2024-03-31 03895415 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 03895415 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 03895415 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 03895415 frs-bus:SmallEntities 2023-04-01 2024-03-31 03895415 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 03895415 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 03895415 frs-bus:Director1 2023-04-01 2024-03-31 03895415 frs-bus:Director2 2023-04-01 2024-03-31 03895415 frs-core:CurrentFinancialInstruments 4 2024-03-31 03895415 frs-countries:EnglandWales 2023-04-01 2024-03-31 03895415 2022-03-31 03895415 2023-03-31 03895415 2022-04-01 2023-03-31 03895415 frs-core:CurrentFinancialInstruments 2023-03-31 03895415 frs-core:ShareCapital 2023-03-31 03895415 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31 03895415 frs-core:CurrentFinancialInstruments 3 2023-03-31 03895415 frs-core:CurrentFinancialInstruments 4 2023-03-31
Registered number: 03895415
NAVIGATION FINANCIAL SERVICES LIMITED
Unaudited Financial Statements
For The Year Ended 31 March 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 03895415
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,830 843
1,830 843
CURRENT ASSETS
Debtors 5 14,745 8,070
Cash at bank and in hand 122,666 175,445
137,411 183,515
Creditors: Amounts Falling Due Within One Year 6 (4,632 ) (23,451 )
NET CURRENT ASSETS (LIABILITIES) 132,779 160,064
TOTAL ASSETS LESS CURRENT LIABILITIES 134,609 160,907
NET ASSETS 134,609 160,907
CAPITAL AND RESERVES
Called up share capital 7 2 2
Profit and Loss Account 134,607 160,905
SHAREHOLDERS' FUNDS 134,609 160,907
Page 1
Page 2
For the year ending 31 March 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
Nicholas Pyne
Director
21st January 2025
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
NAVIGATION FINANCIAL SERVICES LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 03895415 . The registered office is 48 Navigation Wharf, Liverpool, Merseyside, L3 4DN.
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.
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:
Fixtures & Fittings 25% Reducing balance
Computer Equipment 25% Reducing balance
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 April 2023 2,609 5,534 8,143
Additions 1,384 214 1,598
As at 31 March 2024 3,993 5,748 9,741
Depreciation
As at 1 April 2023 2,598 4,702 7,300
Provided during the period 349 262 611
As at 31 March 2024 2,947 4,964 7,911
Net Book Value
As at 31 March 2024 1,046 784 1,830
As at 1 April 2023 11 832 843
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 14,745 8,070
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Page 4
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Corporation tax 1,858 11,337
Other taxes and social security 1,342 1,651
Accrued pension - 395
Other provisions 890 890
Directors' loan accounts 542 9,178
4,632 23,451
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
Page 4