Acorah Software Products - Accounts Production 16.1.300 false true 31 March 2023 30 March 2022 false 1 April 2023 30 September 2024 30 September 2024 14012521 Mr. Paul Gildea Mr Padraig Kelleher iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14012521 2023-03-31 14012521 2024-09-30 14012521 2023-04-01 2024-09-30 14012521 frs-core:CurrentFinancialInstruments 2024-09-30 14012521 frs-core:ShareCapital 2024-09-30 14012521 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 14012521 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-09-30 14012521 frs-bus:FilletedAccounts 2023-04-01 2024-09-30 14012521 frs-bus:SmallEntities 2023-04-01 2024-09-30 14012521 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-09-30 14012521 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-09-30 14012521 frs-bus:Director1 2023-04-01 2024-09-30 14012521 frs-bus:Director1 2023-03-31 14012521 frs-bus:Director1 2024-09-30 14012521 frs-bus:Director2 2023-04-01 2024-09-30 14012521 frs-countries:EnglandWales 2023-04-01 2024-09-30 14012521 2022-03-29 14012521 2023-03-31 14012521 2022-03-30 2023-03-31 14012521 frs-core:CurrentFinancialInstruments 2023-03-31 14012521 frs-core:ShareCapital 2023-03-31 14012521 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 14012521
Subterra Group Limited
Financial Statements
For the Period 1 April 2023 to 30 September 2024
Outsourced ACC Ltd
High Street Centre, 137-139 High Street
Beckenham
Kent
BR3 1AG
Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 14012521
30 September 2024 31 March 2023
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 612,133 123,099
Cash at bank and in hand 103,281 813
715,414 123,912
Creditors: Amounts Falling Due Within One Year 5 (714,927 ) (180,940 )
NET CURRENT ASSETS (LIABILITIES) 487 (57,028 )
TOTAL ASSETS LESS CURRENT LIABILITIES 487 (57,028 )
NET ASSETS/(LIABILITIES) 487 (57,028 )
CAPITAL AND RESERVES
Called up share capital 6 150 150
Profit and Loss Account 337 (57,178 )
SHAREHOLDERS' FUNDS 487 (57,028)
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Page 2
For the period ending 30 September 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 directors acknowledge their 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. Paul Gildea
Director
31st January 2025
The notes on pages 3 to 4 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
Subterra Group Limited is a private company, limited by shares, incorporated in England & Wales, registered number 14012521 . The registered office is Admel House,2nd Floor, 24 High Street, London, Greater London, SW19 5DX.
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.
2.3. Taxation
Income tax expense represents the sum of the tax currently payable.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income 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.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 2 (2023: NIL)
2 -
4. Debtors
30 September 2024 31 March 2023
£ £
Due within one year
Other debtors 612,133 123,099
612,133 123,099
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5. Creditors: Amounts Falling Due Within One Year
30 September 2024 31 March 2023
£ £
Trade creditors 610,218 48,638
Other creditors 87,897 132,302
Taxation and social security 16,812 -
714,927 180,940
6. Share Capital
30 September 2024 31 March 2023
£ £
Allotted, Called up and fully paid 150 150
7. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 April 2023 Amounts advanced Amounts repaid Amounts written off As at 30 September 2024
£ £ £ £ £
Mr. Paul Gildea 150 74,013 43,500 - 30,663
The above loan is unsecured, interest free and repayable on demand.
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