Acorah Software Products - Accounts Production 16.1.300 false true true 31 May 2023 1 June 2022 false 1 June 2023 31 May 2024 31 May 2024 12621288 G D Cooper S J Caunce S U Sulaman iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12621288 2023-05-31 12621288 2024-05-31 12621288 2023-06-01 2024-05-31 12621288 frs-core:CurrentFinancialInstruments 2024-05-31 12621288 frs-core:SharePremium 2024-05-31 12621288 frs-core:ShareCapital 2024-05-31 12621288 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 12621288 frs-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 12621288 frs-bus:FilletedAccounts 2023-06-01 2024-05-31 12621288 frs-bus:SmallEntities 2023-06-01 2024-05-31 12621288 frs-bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 12621288 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 12621288 frs-bus:Director1 2023-06-01 2024-05-31 12621288 frs-bus:Director2 2023-06-01 2024-05-31 12621288 frs-bus:Director3 2023-06-01 2024-05-31 12621288 frs-countries:EnglandWales 2023-06-01 2024-05-31 12621288 2022-05-31 12621288 2023-05-31 12621288 2022-06-01 2023-05-31 12621288 frs-core:CurrentFinancialInstruments 2023-05-31 12621288 frs-core:SharePremium 2023-05-31 12621288 frs-core:ShareCapital 2023-05-31 12621288 frs-core:RetainedEarningsAccumulatedLosses 2023-05-31
Registered number: 12621288
Collectivly Limited
Unaudited Financial Statements
For The Year Ended 31 May 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3
Page 1
Balance Sheet
Registered number: 12621288
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Cash at bank and in hand 27 2,236
27 2,236
Creditors: Amounts Falling Due Within One Year 4 (40,953 ) (36,820 )
NET CURRENT ASSETS (LIABILITIES) (40,926 ) (34,584 )
TOTAL ASSETS LESS CURRENT LIABILITIES (40,926 ) (34,584 )
NET LIABILITIES (40,926 ) (34,584 )
CAPITAL AND RESERVES
Called up share capital 5 3 3
Share premium account 149,999 149,999
Profit and Loss Account (190,928 ) (184,586 )
SHAREHOLDERS' FUNDS (40,926) (34,584)
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 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
G D Cooper
Director
25 February 2025
The notes on page 3 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Collectivly Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12621288 . The registered office is Avaland House, 110 London Road, Hemel Hempstead, Hertfordshire, HP3 9SD.
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. Going Concern Disclosure
At 31 May 2024 the company had net liabilities of £40,926 (2023: £34,584).
The company relies on the continuing financial support of its directors by way of current and loan account balances totalling £34,178 (2023: £32,498).
The directors have indicated that these financial statements should be prepared on a going concern basis. This assumes that the company will continue in operational existence for the foreseeable future. If the company were unable to continue in operational existence for the foreseeable future, adustments would have to be made to reduce the balance sheet values of assets to their recoverable amounts, and to provide for further liabilities that might arise and to reclassify fixed assets as current assets. 
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
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4. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Accruals and deferred income 6,775 4,322
Directors' loan accounts 34,178 32,498
40,953 36,820
5. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 3 3
Page 3