Acorah Software Products - Accounts Production 16.1.300 false true 30 April 2023 1 May 2022 false 1 May 2023 30 April 2024 30 April 2024 08971949 Mr Stavros Moutrikas Mr Georgios Zachariou iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08971949 2023-04-30 08971949 2024-04-30 08971949 2023-05-01 2024-04-30 08971949 frs-core:CurrentFinancialInstruments 2024-04-30 08971949 frs-core:PlantMachinery 2024-04-30 08971949 frs-core:PlantMachinery 2023-05-01 2024-04-30 08971949 frs-core:PlantMachinery 2023-04-30 08971949 frs-core:ShareCapital 2024-04-30 08971949 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 08971949 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 08971949 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 08971949 frs-bus:SmallEntities 2023-05-01 2024-04-30 08971949 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 08971949 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 08971949 frs-bus:Director1 2023-05-01 2024-04-30 08971949 frs-bus:Director2 2023-05-01 2024-04-30 08971949 frs-core:CurrentFinancialInstruments 1 2024-04-30 08971949 frs-core:CurrentFinancialInstruments 2 2024-04-30 08971949 frs-countries:EnglandWales 2023-05-01 2024-04-30 08971949 2022-04-30 08971949 2023-04-30 08971949 2022-05-01 2023-04-30 08971949 frs-core:CurrentFinancialInstruments 2023-04-30 08971949 frs-core:ShareCapital 2023-04-30 08971949 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30 08971949 frs-core:CurrentFinancialInstruments 1 2023-04-30 08971949 frs-core:CurrentFinancialInstruments 2 2023-04-30
Registered number: 08971949
Natur Life Ltd
Unaudited Financial Statements
For The Year Ended 30 April 2024
Mouktaris & Co Ltd
Chartered Accountants & Registered Auditors
156a Burnt Oak Broadway
Edgware
Middlesex
HA8 0AX
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—4
Page 1
Statement of Financial Position
Registered number: 08971949
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,273 1,698
1,273 1,698
CURRENT ASSETS
Stocks 5 - 19,450
Debtors 6 5,931 14,361
Cash at bank and in hand 4,511 8,926
10,442 42,737
Creditors: Amounts Falling Due Within One Year 7 (3,485 ) (9,213 )
NET CURRENT ASSETS (LIABILITIES) 6,957 33,524
TOTAL ASSETS LESS CURRENT LIABILITIES 8,230 35,222
PROVISIONS FOR LIABILITIES
Provisions For Charges (1,680 ) (6,318 )
NET ASSETS 6,550 28,904
CAPITAL AND RESERVES
Called up share capital 8 2 2
Income Statement 6,548 28,902
SHAREHOLDERS' FUNDS 6,550 28,904
Page 1
Page 2
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 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 Income Statement.
On behalf of the board
Mr Stavros Moutrikas
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
Natur Life Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08971949 . The registered office is 156a Burnt Oak Broadway, Edgware, Middlesex, HA8 0AX.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006. The financial statements are prepared in sterling, which is the functional currency of the entity.
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; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably. 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.
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:
Plant & Machinery 25% reducing balance
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.5. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
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4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 May 2023 8,250
As at 30 April 2024 8,250
Depreciation
As at 1 May 2023 6,552
Provided during the period 425
As at 30 April 2024 6,977
Net Book Value
As at 30 April 2024 1,273
As at 1 May 2023 1,698
5. Stocks
2024 2023
£ £
Stocks - 19,450
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors - 6,618
Other debtors 5,931 5,931
Corporation tax recoverable assets - 1,812
5,931 14,361
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors - 5,584
VAT 1,867 2,897
Director's current account - Mr S Moutrikas 813 432
Director's current account - Mr G Zachariou 805 300
3,485 9,213
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
Page 4