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 11917431 Mr C P Newman Mrs C F Newman iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11917431 2023-04-30 11917431 2024-04-30 11917431 2023-05-01 2024-04-30 11917431 frs-core:CurrentFinancialInstruments 2024-04-30 11917431 frs-core:PlantMachinery 2024-04-30 11917431 frs-core:PlantMachinery 2023-05-01 2024-04-30 11917431 frs-core:PlantMachinery 2023-04-30 11917431 frs-core:ShareCapital 2024-04-30 11917431 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 11917431 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 11917431 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 11917431 frs-bus:SmallEntities 2023-05-01 2024-04-30 11917431 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 11917431 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 11917431 frs-bus:Director1 2023-05-01 2024-04-30 11917431 frs-bus:Director2 2023-05-01 2024-04-30 11917431 frs-countries:EnglandWales 2023-05-01 2024-04-30 11917431 2022-04-30 11917431 2023-04-30 11917431 2022-05-01 2023-04-30 11917431 frs-core:CurrentFinancialInstruments 2023-04-30 11917431 frs-core:ShareCapital 2023-04-30 11917431 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30
Registered number: 11917431
IPS Modus Ltd
Unaudited Financial Statements
For The Year Ended 30 April 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 11917431
2024 2023
as restated
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 9,058 8,163
9,058 8,163
CURRENT ASSETS
Stocks 5 12,436 11,978
Debtors 6 1,913 1,849
Cash at bank and in hand 8,133 12,297
22,482 26,124
Creditors: Amounts Falling Due Within One Year 7 (328,468 ) (316,491 )
NET CURRENT ASSETS (LIABILITIES) (305,986 ) (290,367 )
TOTAL ASSETS LESS CURRENT LIABILITIES (296,928 ) (282,204 )
NET LIABILITIES (296,928 ) (282,204 )
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account (297,028 ) (282,304 )
SHAREHOLDERS' FUNDS (296,928) (282,204)
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 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 C P Newman
Director
31/01/2025
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
IPS Modus Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11917431 . The registered office is 60 Minster Road, Godalming, Surrey, GU7 1SR.
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. 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:
Plant & Machinery 10 years straight line
2.3. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 May 2023 11,427
Additions 2,108
As at 30 April 2024 13,535
Depreciation
As at 1 May 2023 3,264
Provided during the period 1,213
As at 30 April 2024 4,477
Net Book Value
As at 30 April 2024 9,058
As at 1 May 2023 8,163
5. Stocks
2024 2023
as restated
£ £
Stock 12,436 11,978
Page 3
Page 4
6. Debtors
2024 2023
as restated
£ £
Due within one year
Prepayments and accrued income 1,913 1,849
7. Creditors: Amounts Falling Due Within One Year
2024 2023
as restated
£ £
Trade creditors 1 -
Other creditors 328,467 316,491
328,468 316,491
8. Share Capital
2024 2023
as restated
£ £
Allotted, Called up and fully paid 100 100
Page 4