Acorah Software Products - Accounts Production 16.1.300 false true 31 May 2023 1 June 2022 false 1 June 2023 31 May 2024 31 May 2024 05824239 C Grant Peterkin M R Grant-Peterkin iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05824239 2023-05-31 05824239 2024-05-31 05824239 2023-06-01 2024-05-31 05824239 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-06-01 2024-05-31 05824239 frs-core:ShareCapital 2024-05-31 05824239 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 05824239 frs-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 05824239 frs-bus:AbridgedAccounts 2023-06-01 2024-05-31 05824239 frs-bus:SmallEntities 2023-06-01 2024-05-31 05824239 frs-bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 05824239 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 05824239 frs-bus:Director1 2023-06-01 2024-05-31 05824239 frs-bus:CompanySecretary1 2023-06-01 2024-05-31 05824239 frs-countries:EnglandWales 2023-06-01 2024-05-31 05824239 2022-05-31 05824239 2023-05-31 05824239 2022-06-01 2023-05-31 05824239 frs-core:ShareCapital 2023-05-31 05824239 frs-core:RetainedEarningsAccumulatedLosses 2023-05-31
Registered number: 05824239
The Visual Art Trader Limited
Unaudited ABRIDGED Financial Statements
For The Year Ended 31 May 2024
Contents
Page
Abridged Balance Sheet 1
Notes to the Abridged Financial Statements 2
Page 1
Abridged Balance Sheet
Registered number: 05824239
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 21,779 21,779
21,779 21,779
Creditors: Amounts Falling Due Within One Year (116,637 ) (116,637 )
NET CURRENT ASSETS (LIABILITIES) (116,637 ) (116,637 )
TOTAL ASSETS LESS CURRENT LIABILITIES (94,858 ) (94,858 )
NET LIABILITIES (94,858 ) (94,858 )
CAPITAL AND RESERVES
Called up share capital 5 100 100
Profit and Loss Account (94,958 ) (94,958 )
SHAREHOLDERS' FUNDS (94,858) (94,858)
For the year ending 31 May 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.
All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 31 May 2024 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
C Grant Peterkin
Director
24 January 2025
The notes on page 2 form part of these financial statements.
Page 1
Page 2
Notes to the Abridged Financial Statements
1. General Information
The Visual Art Trader Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05824239 . The registered office is Gorteen Mill Lane, Chetnole, Sherborne, Dorset, DT9 6PB.
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. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are software development costs. It is amortised to profit and loss account over its estimated economic life of 10 years.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Intangible Assets
Total
£
Cost
As at 1 June 2023 72,597
As at 31 May 2024 72,597
Amortisation
As at 1 June 2023 50,818
As at 31 May 2024 50,818
Net Book Value
As at 31 May 2024 21,779
As at 1 June 2023 21,779
5. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 2