Acorah Software Products - Accounts Production 16.1.300 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 11102908 Mrs Funmilayo Olanrewaju iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11102908 2023-12-31 11102908 2024-12-31 11102908 2024-01-01 2024-12-31 11102908 frs-core:CurrentFinancialInstruments 2024-12-31 11102908 frs-core:ShareCapital 2024-12-31 11102908 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 11102908 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 11102908 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 11102908 frs-bus:SmallEntities 2024-01-01 2024-12-31 11102908 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 11102908 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 11102908 frs-bus:Director1 2024-01-01 2024-12-31 11102908 frs-countries:EnglandWales 2024-01-01 2024-12-31 11102908 2022-12-31 11102908 2023-12-31 11102908 2023-01-01 2023-12-31 11102908 frs-core:CurrentFinancialInstruments 2023-12-31 11102908 frs-core:ShareCapital 2023-12-31 11102908 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 11102908
Fumsam Consulting Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2024
Mfords Consulting Ltd
Chartered Certified Accountants
Unit 4 Sharvatt Bus Centre
Keats Road
London
London
DA17 6BP
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2
Page 1
Balance Sheet
Registered number: 11102908
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 29,290 40,960
Cash at bank and in hand 769 4,223
30,059 45,183
Creditors: Amounts Falling Due Within One Year 5 (11,173 ) (124 )
NET CURRENT ASSETS (LIABILITIES) 18,886 45,059
TOTAL ASSETS LESS CURRENT LIABILITIES 18,886 45,059
NET ASSETS 18,886 45,059
CAPITAL AND RESERVES
Called up share capital 6 1 1
Profit and Loss Account 18,885 45,058
SHAREHOLDERS' FUNDS 18,886 45,059
For the year ending 31 December 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 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
Mrs Funmilayo Olanrewaju
Director
30/01/2025
The notes on page 2 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Fumsam Consulting Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11102908 . The registered office is 21 Sandpiper drive, Stafford, ST16 1FQ.
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 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.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
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. Debtors
2024 2023
£ £
Due within one year
Trade debtors 29,290 40,960
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Director's loan account 11,173 124
6. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
7. Dividends
2024 2023
£ £
On equity shares:
Final dividend paid 15,000 15,000
Page 2