Acorah Software Products - Accounts Production 16.1.300 false true true 30 April 2023 1 May 2022 false 1 May 2023 30 April 2024 30 April 2024 11310813 Mr Jon Stanners iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11310813 2023-04-30 11310813 2024-04-30 11310813 2023-05-01 2024-04-30 11310813 frs-core:CurrentFinancialInstruments 2024-04-30 11310813 frs-core:Non-currentFinancialInstruments 2024-04-30 11310813 frs-core:ComputerEquipment 2024-04-30 11310813 frs-core:ComputerEquipment 2023-05-01 2024-04-30 11310813 frs-core:ComputerEquipment 2023-04-30 11310813 frs-core:CapitalRedemptionReserve 2024-04-30 11310813 frs-core:SharePremium 2024-04-30 11310813 frs-core:ShareCapital 2024-04-30 11310813 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 11310813 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 11310813 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 11310813 frs-bus:SmallEntities 2023-05-01 2024-04-30 11310813 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 11310813 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 11310813 frs-bus:Director1 2023-05-01 2024-04-30 11310813 1 2023-05-01 2024-04-30 11310813 frs-countries:EnglandWales 2023-05-01 2024-04-30 11310813 2022-04-30 11310813 2023-04-30 11310813 2022-05-01 2023-04-30 11310813 frs-core:CurrentFinancialInstruments 2023-04-30 11310813 frs-core:Non-currentFinancialInstruments 2023-04-30 11310813 frs-core:CapitalRedemptionReserve 2023-04-30 11310813 frs-core:SharePremium 2023-04-30 11310813 frs-core:ShareCapital 2023-04-30 11310813 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30 11310813 1 2022-05-01 2023-04-30
Registered number: 11310813
Amigo Project Ltd
Unaudited Financial Statements
For The Year Ended 30 April 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 11310813
2024 2023
Notes £ £ £ £
FIXED ASSETS
CURRENT ASSETS
Debtors 5 1,671 41,933
Cash at bank and in hand 10,929 9,415
12,600 51,348
Creditors: Amounts Falling Due Within One Year 6 (459,821 ) (369,477 )
NET CURRENT ASSETS (LIABILITIES) (447,221 ) (318,129 )
TOTAL ASSETS LESS CURRENT LIABILITIES (447,221 ) (318,129 )
Creditors: Amounts Falling Due After More Than One Year 7 (26,623 ) (29,925 )
NET LIABILITIES (473,844 ) (348,054 )
CAPITAL AND RESERVES
Called up share capital 104 104
Share premium account 189,009 189,009
Capital redemption reserve 19 19
Profit and Loss Account (662,976 ) (537,186 )
SHAREHOLDERS' FUNDS (473,844) (348,054)
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 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 Jon Stanners
Director
31 January 2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Amigo Project Ltd is a private company, limited by shares, incorporated in England & Wales, the registered number is 11310813 . The registered office is 3rd Floor 86-90 Paul Street, London, England, EC2A 4NE.
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
The directors believe the company to be a going concern and will continue to give their support to the company over the next 12 months.
2.3. Turnover
Turnover is measured at the fair value of the consideration received, net of discounts and value added taxes. Turnover is recognised at the point of invoice.
2.4. 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:
Computer equipment 33.33% Straight line
2.5. Financial Instruments
Debtors which are due within one year are recorded at transaction price, less any impairment.
2.6. Foreign Currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet 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.
2.7. Taxation
The taxation expense represents the sum of the tax currently payable and deferred tax. Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
Current tax
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax
Deferred tax has not been recognised as it is not material to the financial statements. The director will review this annually.
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3. Average Number of Employees
2024 2023
Average number of employees, including directors, during the year 1 1
1 1
4. Tangible Assets
Computer equipment
£
Cost
As at 1 May 2023 4,580
As at 30 April 2024 4,580
Depreciation
As at 1 May 2023 4,580
As at 30 April 2024 4,580
Net Book Value
As at 30 April 2024 -
As at 1 May 2023 -
5. Debtors
2024 2023
£ £
Due within one year
Other debtors 1,671 41,933
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 17,160 62,242
Bank loans and overdrafts 10,648 9,768
Other creditors 432,013 297,467
459,821 369,477
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 26,623 29,925
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8. Related Party Transactions
At the Year end an amount of £362,751 is owed to The People's Kitchen (2022 : £219,562)
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