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 11350907 Mr Shaul Brody Mr Joel Brody true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11350907 2023-05-31 11350907 2024-05-31 11350907 2023-06-01 2024-05-31 11350907 frs-core:CurrentFinancialInstruments 2024-05-31 11350907 frs-core:FurnitureFittings 2024-05-31 11350907 frs-core:FurnitureFittings 2023-06-01 2024-05-31 11350907 frs-core:FurnitureFittings 2023-05-31 11350907 frs-core:ShareCapital 2024-05-31 11350907 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 11350907 frs-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 11350907 frs-bus:FilletedAccounts 2023-06-01 2024-05-31 11350907 frs-bus:SmallEntities 2023-06-01 2024-05-31 11350907 frs-bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 11350907 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 11350907 1 2023-06-01 2024-05-31 11350907 frs-bus:Director1 2023-06-01 2024-05-31 11350907 frs-countries:EnglandWales 2023-06-01 2024-05-31 11350907 2022-05-31 11350907 2023-05-31 11350907 2022-06-01 2023-05-31 11350907 frs-core:CurrentFinancialInstruments 2023-05-31 11350907 frs-core:ShareCapital 2023-05-31 11350907 frs-core:RetainedEarningsAccumulatedLosses 2023-05-31
Registered number: 11350907
EXPRESS BOOKS 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: 11350907
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 48 64
48 64
CURRENT ASSETS
Debtors 5 45,083 45,111
Cash at bank and in hand 1,451 427
46,534 45,538
Creditors: Amounts Falling Due Within One Year 6 (50,060 ) (50,050 )
NET CURRENT ASSETS (LIABILITIES) (3,526 ) (4,512 )
TOTAL ASSETS LESS CURRENT LIABILITIES (3,478 ) (4,448 )
NET LIABILITIES (3,478 ) (4,448 )
CAPITAL AND RESERVES
Called up share capital 7 1 1
Profit and Loss Account (3,479 ) (4,449 )
SHAREHOLDERS' FUNDS (3,478) (4,448)
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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 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 Shaul Brody
Director
21st 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
EXPRESS BOOKS LTD is a private company, limited by shares, incorporated in England & Wales, registered number 11350907 . The registered office is 28b Theydon Road, London, E5 9NA.
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 from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from 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 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:
Fixtures & Fittings 25% of Net Book Value
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2023: 3)
3 3
4. Tangible Assets
Fixtures & Fittings
£
Cost
As at 1 June 2023 150
As at 31 May 2024 150
Depreciation
As at 1 June 2023 86
Provided during the period 16
As at 31 May 2024 102
Net Book Value
As at 31 May 2024 48
As at 1 June 2023 64
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5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 3,791 1,021
Other debtors 41,292 44,090
45,083 45,111
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Bank loans and overdrafts 49,830 49,850
Accruals and deferred income 230 200
50,060 50,050
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
8. Ultimate Controlling Party
The company's ultimate controlling party is Mr Joel Brody by virtue of his ownership of 100% of the issued share capital in the company.
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