Acorah Software Products - Accounts Production 16.1.300 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 10040043 J J Levy R A Parker iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10040043 2023-03-31 10040043 2024-03-31 10040043 2023-04-01 2024-03-31 10040043 frs-core:CurrentFinancialInstruments 2024-03-31 10040043 frs-core:Non-currentFinancialInstruments 2024-03-31 10040043 frs-core:ShareCapital 2024-03-31 10040043 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 10040043 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 10040043 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 10040043 frs-bus:SmallEntities 2023-04-01 2024-03-31 10040043 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 10040043 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 10040043 frs-bus:Director1 2023-04-01 2024-03-31 10040043 frs-bus:Director2 2023-04-01 2024-03-31 10040043 frs-countries:EnglandWales 2023-04-01 2024-03-31 10040043 2022-03-31 10040043 2023-03-31 10040043 2022-04-01 2023-03-31 10040043 frs-core:CurrentFinancialInstruments 2023-03-31 10040043 frs-core:Non-currentFinancialInstruments 2023-03-31 10040043 frs-core:ShareCapital 2023-03-31 10040043 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 10040043
Abode Nugent Street Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2024
Sturgess Hutchinson
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 10040043
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Stocks 4 2,055,547 2,055,547
Debtors 5 448,096 277,448
Cash at bank and in hand 59,463 297,408
2,563,106 2,630,403
Creditors: Amounts Falling Due Within One Year 6 (852,608 ) (857,219 )
NET CURRENT ASSETS (LIABILITIES) 1,710,498 1,773,184
TOTAL ASSETS LESS CURRENT LIABILITIES 1,710,498 1,773,184
Creditors: Amounts Falling Due After More Than One Year 7 (1,505,524 ) (1,543,238 )
NET ASSETS 204,974 229,946
CAPITAL AND RESERVES
Called up share capital 8 10 10
Profit and Loss Account 204,964 229,936
SHAREHOLDERS' FUNDS 204,974 229,946
Page 1
Page 2
For the year ending 31 March 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
R A Parker
Director
20/02/2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Abode Nugent Street Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10040043 . The registered office is 150a St Nicholas Circle, Leicester, LE1 4JJ.
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. 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: NIL (2023: NIL)
- -
4. Stocks
2024 2023
£ £
Work in progress 2,055,547 2,055,547
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 18,828 -
Other debtors 429,268 277,448
448,096 277,448
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 47,174 8,513
Bank loans and overdrafts 31,726 30,612
Amounts owed to group undertakings 763,248 809,748
Other creditors 10,460 8,346
852,608 857,219
Page 3
Page 4
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 1,505,524 1,543,238
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 10 10
Page 4