Acorah Software Products - Accounts Production 16.1.300 true true 31 May 2023 1 June 2022 false 1 June 2023 31 May 2024 31 May 2024 10795781 Mr S Azam iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10795781 2023-05-31 10795781 2024-05-31 10795781 2023-06-01 2024-05-31 10795781 frs-core:CurrentFinancialInstruments 2024-05-31 10795781 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 10795781 frs-bus:CompanyLimitedByGuarantee 2023-06-01 2024-05-31 10795781 frs-bus:FilletedAccounts 2023-06-01 2024-05-31 10795781 frs-bus:SmallEntities 2023-06-01 2024-05-31 10795781 frs-bus:EntityNoLongerTradingButTradedInPast 2023-06-01 2024-05-31 10795781 frs-bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 10795781 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 10795781 frs-bus:Director1 2023-06-01 2024-05-31 10795781 frs-countries:EnglandWales 2023-06-01 2024-05-31 10795781 2022-05-31 10795781 2023-05-31 10795781 2022-06-01 2023-05-31 10795781 frs-core:CurrentFinancialInstruments 2023-05-31 10795781 frs-core:RetainedEarningsAccumulatedLosses 2023-05-31
Registered number: 10795781
Virtue Ethics Foundation Ltd
Financial Statements
For The Year Ended 31 May 2024
BBK Partnership
Chartered Accountants & Statutory Auditors
1 Beauchamp Court
10 Victors Way
Barnet
Hertfordshire
EN5 5TZ
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2
Page 1
Balance Sheet
Registered number: 10795781
2024 2023
Notes £ £ £ £
Creditors: Amounts Falling Due Within One Year 4 (51,200 ) (51,200 )
NET CURRENT ASSETS (LIABILITIES) (51,200 ) (51,200 )
TOTAL ASSETS LESS CURRENT LIABILITIES (51,200 ) (51,200 )
NET LIABILITIES (51,200 ) (51,200 )
Income and Expenditure Account (51,200 ) (51,200 )
MEMBERS' FUNDS (51,200) (51,200)
For the year ending 31 May 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant 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 Income and Expenditure Account.
On behalf of the board
Mr S Azam
Director
21/02/2025
The notes on page 2 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Virtue Ethics Foundation Ltd is a private company, limited by guarantee, incorporated in England & Wales, registered number 10795781 . The registered office is 38 Helena Road, London, NW10 1JA.
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Bank loans and overdrafts 50,000 50,000
Other creditors 1,200 1,200
51,200 51,200
5. Company limited by guarantee
The company is limited by guarantee and has no share capital.
Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
Page 2