Acorah Software Products - Accounts Production 16.1.300 false true true 31 January 2023 1 February 2022 false 1 February 2023 31 January 2024 31 January 2024 11147372 Mr L Stillwell iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11147372 2023-01-31 11147372 2024-01-31 11147372 2023-02-01 2024-01-31 11147372 frs-core:CurrentFinancialInstruments 2024-01-31 11147372 frs-core:ShareCapital 2024-01-31 11147372 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 11147372 frs-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 11147372 frs-bus:FilletedAccounts 2023-02-01 2024-01-31 11147372 frs-bus:SmallEntities 2023-02-01 2024-01-31 11147372 frs-bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 11147372 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 11147372 frs-bus:Director1 2023-02-01 2024-01-31 11147372 frs-countries:EnglandWales 2023-02-01 2024-01-31 11147372 2022-01-31 11147372 2023-01-31 11147372 2022-02-01 2023-01-31 11147372 frs-core:CurrentFinancialInstruments 2023-01-31 11147372 frs-core:ShareCapital 2023-01-31 11147372 frs-core:RetainedEarningsAccumulatedLosses 2023-01-31
Registered number: 11147372
Valhalla Business Investments Limited
Unaudited Financial Statements
For The Year Ended 31 January 2024
Devonports LAS Accountants Ltd
Cumberland House
24 - 28 Baxter Avenue
Southend on Sea
Essex
SS2 6HZ
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3
Page 1
Balance Sheet
Registered number: 11147372
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Cash at bank and in hand 100 100
100 100
Creditors: Amounts Falling Due Within One Year 4 (1,932 ) (2,631 )
NET CURRENT ASSETS (LIABILITIES) (1,832 ) (2,531 )
TOTAL ASSETS LESS CURRENT LIABILITIES (1,832 ) (2,531 )
NET LIABILITIES (1,832 ) (2,531 )
CAPITAL AND RESERVES
Called up share capital 5 100 100
Profit and Loss Account (1,932 ) (2,631 )
SHAREHOLDERS' FUNDS (1,832) (2,531)
Page 1
Page 2
For the year ending 31 January 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 L Stillwell
Director
30/10/2024
The notes on page 3 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Valhalla Business Investments Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11147372 . The registered office is Cumberland House, 24-28 Baxter Avenue, Southend on Sea, Essex, SS2 6HZ.
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
As at the balance sheet date the company had a net deficience of assets. The company's largest creditor is the directors' loan account, and the director has continued to financially support the company after the year end date.
2.3. 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.
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 826 370
Accruals and deferred income 480 216
Director's loan account 626 2,045
1,932 2,631
5. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 3