Acorah Software Products - Accounts Production 16.1.300 false true 31 December 2023 1 January 2023 false 1 January 2024 31 May 2024 31 May 2024 09339397 Mr Rohit Balubhai Amipara Mr Rohit Balubhai Amipara true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09339397 2023-12-31 09339397 2024-05-31 09339397 2024-01-01 2024-05-31 09339397 frs-core:Non-currentFinancialInstruments 2024-05-31 09339397 frs-core:ShareCapital 2024-05-31 09339397 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 09339397 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-05-31 09339397 frs-bus:FilletedAccounts 2024-01-01 2024-05-31 09339397 frs-bus:SmallEntities 2024-01-01 2024-05-31 09339397 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-05-31 09339397 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-05-31 09339397 1 2024-01-01 2024-05-31 09339397 frs-bus:Director1 2024-01-01 2024-05-31 09339397 frs-countries:EnglandWales 2024-01-01 2024-05-31 09339397 2022-12-31 09339397 2023-12-31 09339397 2023-01-01 2023-12-31 09339397 frs-core:Non-currentFinancialInstruments 2023-12-31 09339397 frs-core:ShareCapital 2023-12-31 09339397 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 09339397
INVENTURE PUTNEY LTD
Unaudited Financial Statements
For the Period 1 January 2024 to 31 May 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3
Page 1
Balance Sheet
Registered number: 09339397
31 May 2024 31 December 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 11,725 20,100
Tangible Assets 5,226 6,966
16,951 27,066
CURRENT ASSETS
Stocks 57,126 55,394
Debtors 80,675 107,964
Cash at bank and in hand 40,204 25,826
178,005 189,184
Creditors: Amounts Falling Due Within One Year (156,883 ) (109,622 )
NET CURRENT ASSETS (LIABILITIES) 21,122 79,562
TOTAL ASSETS LESS CURRENT LIABILITIES 38,073 106,628
Creditors: Amounts Falling Due After More Than One Year - (91,666 )
NET ASSETS 38,073 14,962
CAPITAL AND RESERVES
Called up share capital 4 1 1
Profit and Loss Account 38,072 14,961
SHAREHOLDERS' FUNDS 38,073 14,962
Page 1
Page 2
For the period 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 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 Profit and Loss Account.
On behalf of the board
Mr Rohit Balubhai Amipara
Director
7th 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
INVENTURE PUTNEY LTD is a private company, limited by shares, incorporated in England & Wales, registered number 09339397 . The registered office is 150a Christchurch Avenue, Harrow, HA3 8NN.
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.
2.3. 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.
2.4. Taxation
The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.
3. Average Number of Employees
Average number of employees, including directors, during the period was:
31 May 2024 31 December 2023
Sales, marketing and distribution 9 9
9 9
4. Share Capital
31 May 2024 31 December 2023
£ £
Allotted, Called up and fully paid 1 1
5. Ultimate Controlling Party
The company's immediate and ultimate parent undertaking is Inventure Holdings Ltd. Inventure Holdings Ltd was incorporated in the England and Wales. Copies of the group accounts may be obtained from the secretary, 150a Christchurch Avenue, Harrow, England, HA3 8NN. The ultimate controlling party is Inventure Holdings Ltd who controls 100% of the shares of INVENTURE PUTNEY LTD.
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