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 08517745 Mr Jacek Wolfart Mrs Joanna KOSTEPSKI iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08517745 2023-05-31 08517745 2024-05-31 08517745 2023-06-01 2024-05-31 08517745 frs-core:CurrentFinancialInstruments 2024-05-31 08517745 frs-core:Non-currentFinancialInstruments 2024-05-31 08517745 frs-core:MotorVehicles 2024-05-31 08517745 frs-core:MotorVehicles 2023-06-01 2024-05-31 08517745 frs-core:MotorVehicles 2023-05-31 08517745 frs-core:PlantMachinery 2024-05-31 08517745 frs-core:PlantMachinery 2023-06-01 2024-05-31 08517745 frs-core:PlantMachinery 2023-05-31 08517745 frs-core:ShareCapital 2024-05-31 08517745 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 08517745 frs-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 08517745 frs-bus:FilletedAccounts 2023-06-01 2024-05-31 08517745 frs-bus:SmallEntities 2023-06-01 2024-05-31 08517745 frs-bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 08517745 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 08517745 frs-bus:Director1 2023-06-01 2024-05-31 08517745 frs-bus:Director2 2023-06-01 2024-05-31 08517745 frs-countries:EnglandWales 2023-06-01 2024-05-31 08517745 2022-05-31 08517745 2023-05-31 08517745 2022-06-01 2023-05-31 08517745 frs-core:CurrentFinancialInstruments 2023-05-31 08517745 frs-core:Non-currentFinancialInstruments 2023-05-31 08517745 frs-core:ShareCapital 2023-05-31 08517745 frs-core:RetainedEarningsAccumulatedLosses 2023-05-31
Registered number: 08517745
XTRAFLOW Limited
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: 08517745
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 69,559 39,641
69,559 39,641
CURRENT ASSETS
Debtors 5 6,842 5,596
Cash at bank and in hand 1,281 1,524
8,123 7,120
Creditors: Amounts Falling Due Within One Year 6 (12,245 ) (12,092 )
NET CURRENT ASSETS (LIABILITIES) (4,122 ) (4,972 )
TOTAL ASSETS LESS CURRENT LIABILITIES 65,437 34,669
Creditors: Amounts Falling Due After More Than One Year 7 (117,736 ) (80,305 )
NET LIABILITIES (52,299 ) (45,636 )
CAPITAL AND RESERVES
Called up share capital 8 2 2
Profit and Loss Account (52,301 ) (45,638 )
SHAREHOLDERS' FUNDS (52,299) (45,636)
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
Mr Jacek Wolfart
Director
Mrs Joanna KOSTEPSKI
Director
26/02/2025
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
XTRAFLOW Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08517745 . The registered office is Flat 12 Mounts Court, Mounts Road, Greenhithe, Kent, DA9 9LX.
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:
Plant & Machinery 10% Reducing Balance Method
Motor Vehicles 20% Straight Line Method
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 1 June 2023 58,170 - 58,170
Additions 30,747 7,762 38,509
As at 31 May 2024 88,917 7,762 96,679
...CONTINUED
Page 3
Page 4
Depreciation
As at 1 June 2023 18,529 - 18,529
Provided during the period 7,039 1,552 8,591
As at 31 May 2024 25,568 1,552 27,120
Net Book Value
As at 31 May 2024 63,349 6,210 69,559
As at 1 June 2023 39,641 - 39,641
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 6,822 5,380
Other debtors 20 216
6,842 5,596
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 5,775 6,857
VAT 935 704
Other creditors 5,535 4,531
12,245 12,092
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 48,777 27,546
Directors loan account 68,959 52,759
117,736 80,305
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
Page 4