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 07233154 Ms Chiara Mensi Mr D A G P Belloin true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07233154 2023-04-30 07233154 2024-04-30 07233154 2023-05-01 2024-04-30 07233154 frs-core:CurrentFinancialInstruments 2024-04-30 07233154 frs-core:ShareCapital 2024-04-30 07233154 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 07233154 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 07233154 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 07233154 frs-bus:SmallEntities 2023-05-01 2024-04-30 07233154 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 07233154 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 07233154 1 2023-05-01 2024-04-30 07233154 frs-core:CostValuation 2023-04-30 07233154 frs-core:CostValuation 2024-04-30 07233154 frs-core:ProvisionsForImpairmentInvestments 2023-04-30 07233154 frs-core:ProvisionsForImpairmentInvestments 2024-04-30 07233154 frs-bus:Director1 2023-05-01 2024-04-30 07233154 frs-countries:EnglandWales 2023-05-01 2024-04-30 07233154 2022-04-30 07233154 2023-04-30 07233154 2022-05-01 2023-04-30 07233154 frs-core:CurrentFinancialInstruments 2023-04-30 07233154 frs-core:ShareCapital 2023-04-30 07233154 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30
Registered number: 07233154
AAA Advisory Services Ltd
Unaudited Financial Statements
For The Year Ended 30 April 2024
Adbell Advisory Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 07233154
2024 2023
Notes
FIXED ASSETS
Investments 4 58 58
58 58
CURRENT ASSETS
Debtors 5 330,521 329,471
330,521 329,471
Creditors: Amounts Falling Due Within One Year 6 (364 ) (866 )
NET CURRENT ASSETS (LIABILITIES) 330,157 328,605
TOTAL ASSETS LESS CURRENT LIABILITIES 330,215 328,663
NET ASSETS 330,215 328,663
CAPITAL AND RESERVES
Called up share capital 7 1 1
Profit and Loss Account 330,214 328,662
SHAREHOLDERS' FUNDS 330,215 328,663
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 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
Ms Chiara Mensi
Director
30/01/2025
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
AAA Advisory Services Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 07233154 . The registered office is Birchin Court, 20 Birchin Lane, London, EC3V 9DJ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
2.2. Turnover
Turnover represents fees receivable from the partnership.
2.3. Financial Instruments
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset , with the net amounts presented in the financial statements , when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
Basic financial assets
Basic financial assets, which include trade and other receivables and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.
Classification of financial liabilities
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
Basic financial liabilities, including trade and other payables, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest
2.4. Foreign Currencies
Assets and liabilities in foreign currencies are translated into Euro at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into Euro at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.
2.5. Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current or deferred taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
2.6. Investments
Fixed asset investments are stated at cost less provision for diminution in value.
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3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Investments
Other
Cost
As at 1 May 2023 58
As at 30 April 2024 58
Provision
As at 1 May 2023 -
As at 30 April 2024 -
Net Book Value
As at 30 April 2024 58
As at 1 May 2023 58
The company has a 5% interest in a partnership, namely AAA Advisory, which trades outside the United Kingdom. The share of turnover in the partnership for the year is EUR 1,916 (2023: EUR 4,814). The share of net assets in the partnership amounts to EUR 330,578 (2023: EUR 329,528).
5. Debtors
2024 2023
Due within one year
Called up share capital not paid 1 1
Amounts owed by other participating interests 330,520 329,470
330,521 329,471
6. Creditors: Amounts Falling Due Within One Year
2024 2023
Corporation tax 364 866
7. Share Capital
2024 2023
Called Up Share Capital not Paid 1 1
Amount of Allotted, Called Up Share Capital 1 1
Allotted and issued 1 share capital in £1 nominal value each.
8. Ultimate Controlling Party
The company's ultimate controlling party is Mr D A G P Belloin by virtue of his ownership of 100% of the issued share capital in the company.
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