Acorah Software Products - Accounts Production 16.0.110 false true 31 May 2023 1 June 2022 false 1 June 2023 31 May 2024 31 May 2024 9487475 Mr Henry Dankwa iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 9487475 2023-05-31 9487475 2024-05-31 9487475 2023-06-01 2024-05-31 9487475 frs-core:CurrentFinancialInstruments 2024-05-31 9487475 frs-core:Non-currentFinancialInstruments 2024-05-31 9487475 frs-core:ComputerEquipment 2024-05-31 9487475 frs-core:ComputerEquipment 2023-06-01 2024-05-31 9487475 frs-core:ComputerEquipment 2023-05-31 9487475 frs-core:ShareCapital 2024-05-31 9487475 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 9487475 frs-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 9487475 frs-bus:FilletedAccounts 2023-06-01 2024-05-31 9487475 frs-bus:SmallEntities 2023-06-01 2024-05-31 9487475 frs-bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 9487475 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 9487475 frs-bus:Director1 2023-06-01 2024-05-31 9487475 frs-countries:EnglandWales 2023-06-01 2024-05-31 9487475 2022-05-31 9487475 2023-05-31 9487475 2022-06-01 2023-05-31 9487475 frs-core:CurrentFinancialInstruments 2023-05-31 9487475 frs-core:Non-currentFinancialInstruments 2023-05-31 9487475 frs-core:ShareCapital 2023-05-31 9487475 frs-core:RetainedEarningsAccumulatedLosses 2023-05-31
Registered number: 9487475
Contractor Financial Services Ltd
Unaudited Financial Statements
For The Year Ended 31 May 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 9487475
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 3 - (1 )
- (1 )
CURRENT ASSETS
Debtors 4 44,892 45,705
Cash at bank and in hand 242 242
45,134 45,947
Creditors: Amounts Falling Due Within One Year 5 1 1
NET CURRENT ASSETS (LIABILITIES) 45,135 45,948
TOTAL ASSETS LESS CURRENT LIABILITIES 45,135 45,947
Creditors: Amounts Falling Due After More Than One Year 6 (50,000 ) (50,000 )
NET LIABILITIES (4,865 ) (4,053 )
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account (4,965 ) (4,153 )
SHAREHOLDERS' FUNDS (4,865) (4,053)
Page 1
Page 2
For the year ending 31 May 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 Henry Dankwa
Director
16/02/2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. Accounting Policies
1.1. 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.
1.2. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. 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 33.3% straight line
2. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
3. Tangible Assets
Computer Equipment
£
Cost
As at 1 June 2023 1,241
As at 31 May 2024 1,241
Depreciation
As at 1 June 2023 1,242
Provided during the period (1 )
As at 31 May 2024 1,241
Net Book Value
As at 31 May 2024 -
As at 1 June 2023 (1 )
4. Debtors
2024 2023
£ £
Due within one year
Corporation tax recoverable assets 3,088 -
Director's loan account 1,438 5,339
4,526 5,339
Due after more than one year
Other debtors 40,366 40,366
44,892 45,705
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors (1 ) (1 )
Page 3
Page 4
6. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 50,000 50,000
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 4