Acorah Software Products - Accounts Production 16.1.300 false true 31 May 2023 1 June 2022 false 1 June 2023 31 May 2024 31 May 2024 06592961 Mr Jonathan Bleier iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06592961 2023-05-31 06592961 2024-05-31 06592961 2023-06-01 2024-05-31 06592961 frs-core:CurrentFinancialInstruments 2024-05-31 06592961 frs-core:Non-currentFinancialInstruments 2024-05-31 06592961 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-05-31 06592961 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-06-01 2024-05-31 06592961 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-05-31 06592961 frs-core:ShareCapital 2024-05-31 06592961 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 06592961 frs-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 06592961 frs-bus:FilletedAccounts 2023-06-01 2024-05-31 06592961 frs-bus:SmallEntities 2023-06-01 2024-05-31 06592961 frs-bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 06592961 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 06592961 frs-bus:Director1 2023-06-01 2024-05-31 06592961 frs-countries:EnglandWales 2023-06-01 2024-05-31 06592961 2022-05-31 06592961 2023-05-31 06592961 2022-06-01 2023-05-31 06592961 frs-core:CurrentFinancialInstruments 2023-05-31 06592961 frs-core:Non-currentFinancialInstruments 2023-05-31 06592961 frs-core:ShareCapital 2023-05-31 06592961 frs-core:RetainedEarningsAccumulatedLosses 2023-05-31
Registered number: 06592961
EAGLEWAY 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: 06592961
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 253,850 253,850
253,850 253,850
CURRENT ASSETS
Debtors 5 7,688 7,688
Cash at bank and in hand 82,969 79,770
90,657 87,458
Creditors: Amounts Falling Due Within One Year 6 (73,886 ) (73,969 )
NET CURRENT ASSETS (LIABILITIES) 16,771 13,489
TOTAL ASSETS LESS CURRENT LIABILITIES 270,621 267,339
Creditors: Amounts Falling Due After More Than One Year 7 (264,071 ) (270,355 )
NET ASSETS/(LIABILITIES) 6,550 (3,016 )
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 6,450 (3,116 )
SHAREHOLDERS' FUNDS 6,550 (3,016)
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 Jonathan Bleier
Director
17th February 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
EAGLEWAY LTD is a private company, limited by shares, incorporated in England & Wales, registered number 06592961 . The registered office is 86 Queen Elizabeth Walk, London, N16 5UQ.
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 form the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover form 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.
2.3. 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:
Leasehold NIL
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Tangible Assets
Land & Property
Leasehold
£
Cost
As at 1 June 2023 253,850
As at 31 May 2024 253,850
Net Book Value
As at 31 May 2024 253,850
As at 1 June 2023 253,850
5. Debtors
2024 2023
£ £
Due within one year
Other debtors 7,688 7,688
Page 3
Page 4
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Corporation tax - 545
Other creditors 73,606 73,144
Accruals and deferred income 280 280
73,886 73,969
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 264,071 270,355
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 4