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 8528937 Mr NIRAV MODI iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 8528937 2023-03-31 8528937 2024-03-31 8528937 2023-04-01 2024-03-31 8528937 frs-core:Non-currentFinancialInstruments 2024-03-31 8528937 frs-core:ComputerEquipment 2024-03-31 8528937 frs-core:ComputerEquipment 2023-04-01 2024-03-31 8528937 frs-core:ComputerEquipment 2023-03-31 8528937 frs-core:FurnitureFittings 2024-03-31 8528937 frs-core:FurnitureFittings 2023-04-01 2024-03-31 8528937 frs-core:FurnitureFittings 2023-03-31 8528937 frs-core:ShareCapital 2024-03-31 8528937 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 8528937 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 8528937 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 8528937 frs-bus:SmallEntities 2023-04-01 2024-03-31 8528937 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 8528937 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 8528937 frs-bus:Director1 2023-04-01 2024-03-31 8528937 frs-countries:EnglandWales 2023-04-01 2024-03-31 8528937 2022-03-31 8528937 2023-03-31 8528937 2022-04-01 2023-03-31 8528937 frs-core:Non-currentFinancialInstruments 2023-03-31 8528937 frs-core:ShareCapital 2023-03-31 8528937 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 8528937
BRIGHT LINKS (UK) LTD
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: 8528937
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 3,408 4,284
3,408 4,284
CURRENT ASSETS
Stocks 126,230 5,650
Debtors 144,239 215,270
Cash at bank and in hand 23,397 27,259
293,866 248,179
Creditors: Amounts Falling Due Within One Year (236,504 ) (216,390 )
NET CURRENT ASSETS (LIABILITIES) 57,362 31,789
TOTAL ASSETS LESS CURRENT LIABILITIES 60,770 36,073
Creditors: Amounts Falling Due After More Than One Year (11,615 ) (21,076 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (29 ) (59 )
NET ASSETS 49,126 14,938
CAPITAL AND RESERVES
Called up share capital 5 1 1
Profit and Loss Account 49,125 14,937
SHAREHOLDERS' FUNDS 49,126 14,938
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 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 NIRAV MODI
Director
07/12/2024
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
BRIGHT LINKS (UK) LTD Registered number 8528937 is a limited by shares company incorporated in England & Wales. The Registered Office is 124 City road, London, EC1V 2NX.
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 comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. 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 20% based on Written Down Value
Computer Equipment 25% based on Written Down Value
2.4. Taxation
The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.
2.5. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2024 2023
Office and administration 3 1
3 1
4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 April 2023 30,447 1,452 31,899
As at 31 March 2024 30,447 1,452 31,899
Depreciation
As at 1 April 2023 26,551 1,064 27,615
Provided during the period 779 97 876
As at 31 March 2024 27,330 1,161 28,491
Net Book Value
As at 31 March 2024 3,117 291 3,408
As at 1 April 2023 3,896 388 4,284
Page 3
Page 4
5. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
Page 4