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 11853806 Mr Safdar Hussain Mr Adil Khwaja Mr Bilal Malik iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11853806 2023-05-31 11853806 2024-05-31 11853806 2023-06-01 2024-05-31 11853806 frs-core:CurrentFinancialInstruments 2024-05-31 11853806 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-05-31 11853806 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-06-01 2024-05-31 11853806 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-05-31 11853806 frs-core:PlantMachinery 2024-05-31 11853806 frs-core:PlantMachinery 2023-06-01 2024-05-31 11853806 frs-core:PlantMachinery 2023-05-31 11853806 frs-core:ShareCapital 2024-05-31 11853806 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 11853806 frs-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 11853806 frs-bus:FilletedAccounts 2023-06-01 2024-05-31 11853806 frs-bus:SmallEntities 2023-06-01 2024-05-31 11853806 frs-bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 11853806 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 11853806 frs-bus:Director1 2023-06-01 2024-05-31 11853806 frs-bus:Director2 2023-06-01 2024-05-31 11853806 frs-bus:Director3 2023-06-01 2024-05-31 11853806 frs-countries:EnglandWales 2023-06-01 2024-05-31 11853806 2022-05-31 11853806 2023-05-31 11853806 2022-06-01 2023-05-31 11853806 frs-core:CurrentFinancialInstruments 2023-05-31 11853806 frs-core:ShareCapital 2023-05-31 11853806 frs-core:RetainedEarningsAccumulatedLosses 2023-05-31
Registered number: 11853806
Bsa 2 Limited
Unaudited Financial Statements
For The Year Ended 31 May 2024
WK & CO ACCOUNTANTS LIMITED
Chartered Certified Accountants
28 Blackwood Road
Sutton Coldfield
B74 3PH
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 11853806
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 63,625 67,392
63,625 67,392
CURRENT ASSETS
Stocks 5 3,500 3,500
Debtors 6 14,350 9,466
Cash at bank and in hand 89,955 17,698
107,805 30,664
Creditors: Amounts Falling Due Within One Year 7 (192,648 ) (164,877 )
NET CURRENT ASSETS (LIABILITIES) (84,843 ) (134,213 )
TOTAL ASSETS LESS CURRENT LIABILITIES (21,218 ) (66,821 )
NET LIABILITIES (21,218 ) (66,821 )
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account (21,318 ) (66,921 )
SHAREHOLDERS' FUNDS (21,218) (66,821)
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 Safdar Hussain
Director
Mr Adil Khwaja
Director
Mr Bilal Malik
Director
24/02/2025
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
Bsa 2 Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11853806 . The registered office is 28 Blackwood Road, Sutton Coldfield, B74 3PH.
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:
Leasehold On straight line over 10 year
Plant & Machinery 15% on reducing balance
2.4. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 15 (2023: 13)
15 13
4. Tangible Assets
Land & Property
Leasehold Plant & Machinery Total
£ £ £
Cost
As at 1 June 2023 3,869 90,145 94,014
Additions - 6,891 6,891
As at 31 May 2024 3,869 97,036 100,905
...CONTINUED
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Page 4
Depreciation
As at 1 June 2023 806 25,816 26,622
Provided during the period 387 10,271 10,658
As at 31 May 2024 1,193 36,087 37,280
Net Book Value
As at 31 May 2024 2,676 60,949 63,625
As at 1 June 2023 3,063 64,329 67,392
5. Stocks
2024 2023
£ £
Stock 3,500 3,500
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 8,755 4,700
Other debtors 5,595 4,766
14,350 9,466
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 23,204 13,851
Other creditors 141,592 133,670
Taxation and social security 27,852 17,356
192,648 164,877
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 4