Acorah Software Products - Accounts Production 16.1.300 false true false 15 September 2023 30 September 2024 30 September 2024 15139769 Mr John Giwa-Amu iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 15139769 2023-09-14 15139769 2024-09-30 15139769 2023-09-15 2024-09-30 15139769 frs-core:CurrentFinancialInstruments 2024-09-30 15139769 frs-core:ShareCapital 2024-09-30 15139769 frs-bus:PrivateLimitedCompanyLtd 2023-09-15 2024-09-30 15139769 frs-bus:FilletedAccounts 2023-09-15 2024-09-30 15139769 frs-bus:SmallEntities 2023-09-15 2024-09-30 15139769 frs-bus:AuditExempt-NoAccountantsReport 2023-09-15 2024-09-30 15139769 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-15 2024-09-30 15139769 frs-bus:Director1 2023-09-15 2024-09-30 15139769 frs-bus:Director1 2023-09-14 15139769 frs-bus:Director1 2024-09-30 15139769 frs-countries:EnglandWales 2023-09-15 2024-09-30
Registered number: 15139769
How May I Assist Ltd
Unaudited Financial Statements
For the Period 15 September 2023 to 30 September 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 15139769
30 September 2024
Notes £ £
CURRENT ASSETS
Debtors 4 113,897
113,897
Creditors: Amounts Falling Due Within One Year 5 (113,896 )
NET CURRENT ASSETS (LIABILITIES) 1
TOTAL ASSETS LESS CURRENT LIABILITIES 1
NET ASSETS 1
CAPITAL AND RESERVES
Called up share capital 6 1
SHAREHOLDERS' FUNDS 1
Page 1
Page 2
For the period ending 30 September 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 John Giwa-Amu
Director
23 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
How May I Assist Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 15139769 . The registered office is Unit D, Tramshed Tech, Pendyris Street, Cardiff, CF11 6BH.
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 recognised at the fair value of the consideration received or receivable for products provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.
Revenue from the sale of video game licences is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer (usually on dispatch or download) , the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.
2.3. Taxation
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 year 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.
The company has claimed a Creative Industries tax credit to reduce the amount of tax payable which may result in an overall amount repayable to the company.
A deferred tax asset has not been recognised in relation to the losses available as the company cannot be certain that this asset will be used in the future.
3. Average Number of Employees
Average number of employees, including directors, during the period was: NIL
-
4. Debtors
30 September 2024
£
Due within one year
Other debtors 113,897
Page 3
Page 4
5. Creditors: Amounts Falling Due Within One Year
30 September 2024
£
Amounts owed to participating interests 111,146
Other creditors 2,750
113,896
6. Share Capital
30 September 2024
£
Allotted, Called up and fully paid 1
7. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 15 September 2023 Amounts advanced Amounts repaid Amounts written off As at 30 September 2024
£ £ £ £ £
Mr John Giwa-Amu - 1 - - 1
The above loan is unsecured, interest free and repayable on demand.
Page 4