Acorah Software Products - Accounts Production 15.0.600 false true true 31 July 2023 1 August 2022 false 1 August 2023 31 July 2024 31 July 2024 09688650 Mrs E Hayward Mrs E Hayward iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09688650 2023-07-31 09688650 2024-07-31 09688650 2023-08-01 2024-07-31 09688650 frs-core:CurrentFinancialInstruments 2024-07-31 09688650 frs-core:PlantMachinery 2024-07-31 09688650 frs-core:PlantMachinery 2023-08-01 2024-07-31 09688650 frs-core:PlantMachinery 2023-07-31 09688650 frs-core:ShareCapital 2024-07-31 09688650 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 09688650 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 09688650 frs-bus:FilletedAccounts 2023-08-01 2024-07-31 09688650 frs-bus:SmallEntities 2023-08-01 2024-07-31 09688650 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 09688650 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 09688650 frs-bus:Director1 2023-08-01 2024-07-31 09688650 frs-bus:CompanySecretary1 2023-08-01 2024-07-31 09688650 frs-countries:EnglandWales 2023-08-01 2024-07-31 09688650 2022-07-31 09688650 2023-07-31 09688650 2022-08-01 2023-07-31 09688650 frs-core:CurrentFinancialInstruments 2023-07-31 09688650 frs-core:ShareCapital 2023-07-31 09688650 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31
Registered number: 09688650
Sloops Limited
Unaudited Financial Statements
For The Year Ended 31 July 2024
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 09688650
2024 2023
Notes £ £ £ £
FIXED ASSETS
CURRENT ASSETS
Stocks 5 - 5,000
Debtors 6 - 412
Cash at bank and in hand 25 22,434
25 27,846
Creditors: Amounts Falling Due Within One Year 7 (174,670 ) (188,092 )
NET CURRENT ASSETS (LIABILITIES) (174,645 ) (160,246 )
TOTAL ASSETS LESS CURRENT LIABILITIES (174,645 ) (160,246 )
NET LIABILITIES (174,645 ) (160,246 )
CAPITAL AND RESERVES
Called up share capital 8 2 2
Profit and Loss Account (174,647 ) (160,248 )
SHAREHOLDERS' FUNDS (174,645) (160,246)
For the year ending 31 July 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 her 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
Mrs E Hayward
Director
18/10/2024
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
Sloops Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09688650 . The registered office is 61 Brimstone Drive, Ely, Cambridgeshire, CB7 4ZB.
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 Director believe that the company has adequate business and financial resources to continue to trade for more than 12 months after the financial statements are authorised, and meet its liabilities and obligations as they fall due. Therefore, the Directors will continue to adopt the going concern basis of accounting in preparing the financial statements.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
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:
Plant & Machinery 25% on cost
2.5. Stocks and Work in Progress
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 August 2023 765
As at 31 July 2024 765
Depreciation
As at 1 August 2023 765
As at 31 July 2024 765
Net Book Value
As at 31 July 2024 -
As at 1 August 2023 -
5. Stocks
2024 2023
£ £
Stock - 5,000
Page 2
Page 3
6. Debtors
2024 2023
£ £
Due within one year
VAT - 112
Amounts owed by associates - 300
- 412
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Accruals and deferred income 2,094 2,248
Director's loan account 172,266 185,844
Amounts owed to associates 310 -
174,670 188,092
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
9. Related Party Transactions
The Director Mrs E Hayward is also a Director and Shareholder of JVLA Property Services Ltd.
As at 31 July 2024 the balance owed by Sloops Limited is £310 (was owed 2023: £300).
Page 3