Acorah Software Products - Accounts Production 16.1.300 true true true 30 May 2023 31 May 2022 false 31 May 2023 30 May 2024 30 May 2024 04759421 Mrs N Bahia Mr P Bahia Mrs N Bahia Mr and Mrs Bahia true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04759421 2023-05-30 04759421 2024-05-30 04759421 2023-05-31 2024-05-30 04759421 frs-core:CurrentFinancialInstruments 2024-05-30 04759421 frs-core:Non-currentFinancialInstruments 2024-05-30 04759421 frs-core:ComputerEquipment 2024-05-30 04759421 frs-core:ComputerEquipment 2023-05-31 2024-05-30 04759421 frs-core:ComputerEquipment 2023-05-30 04759421 frs-core:FurnitureFittings 2024-05-30 04759421 frs-core:FurnitureFittings 2023-05-31 2024-05-30 04759421 frs-core:FurnitureFittings 2023-05-30 04759421 frs-core:PlantMachinery 2024-05-30 04759421 frs-core:PlantMachinery 2023-05-31 2024-05-30 04759421 frs-core:PlantMachinery 2023-05-30 04759421 frs-core:ShareCapital 2024-05-30 04759421 frs-core:RetainedEarningsAccumulatedLosses 2024-05-30 04759421 frs-bus:PrivateLimitedCompanyLtd 2023-05-31 2024-05-30 04759421 frs-bus:FilletedAccounts 2023-05-31 2024-05-30 04759421 frs-bus:SmallEntities 2023-05-31 2024-05-30 04759421 frs-bus:EntityNoLongerTradingButTradedInPast 2023-05-31 2024-05-30 04759421 frs-bus:AuditExempt-NoAccountantsReport 2023-05-31 2024-05-30 04759421 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-31 2024-05-30 04759421 frs-bus:OrdinaryShareClass1 2023-05-31 2024-05-30 04759421 frs-bus:OrdinaryShareClass1 2024-05-30 04759421 1 2023-05-31 2024-05-30 04759421 frs-bus:Director1 2023-05-31 2024-05-30 04759421 frs-bus:Director2 2023-05-31 2024-05-30 04759421 frs-bus:CompanySecretary1 2023-05-31 2024-05-30 04759421 frs-countries:EnglandWales 2023-05-31 2024-05-30 04759421 2022-05-30 04759421 2023-05-30 04759421 2022-05-31 2023-05-30 04759421 frs-core:CurrentFinancialInstruments 2023-05-30 04759421 frs-core:Non-currentFinancialInstruments 2023-05-30 04759421 frs-core:ShareCapital 2023-05-30 04759421 frs-core:RetainedEarningsAccumulatedLosses 2023-05-30 04759421 frs-bus:OrdinaryShareClass1 2022-05-31 2023-05-30
Registered number: 04759421
GNR Associates Limited
Unaudited Financial Statements
For The Year Ended 30 May 2024
Richards Associates Limited
North Lodge
Hawkesyard
Rugeley
Staffordshire
WS15 1PS
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 04759421
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 456 456
456 456
CURRENT ASSETS
Debtors 5 71,138 71,138
71,138 71,138
Creditors: Amounts Falling Due Within One Year 6 (33,214 ) (32,974 )
NET CURRENT ASSETS (LIABILITIES) 37,924 38,164
TOTAL ASSETS LESS CURRENT LIABILITIES 38,380 38,620
Creditors: Amounts Falling Due After More Than One Year 7 (39,418 ) (39,418 )
NET LIABILITIES (1,038 ) (798 )
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account (1,138 ) (898 )
SHAREHOLDERS' FUNDS (1,038) (798)
Page 1
Page 2
For the year ending 30 May 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant 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
Mrs N Bahia
Director
20 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
GNR Associates Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04759421 . The registered office is North Lodge, Hawkesyard, Rugeley, WS15 1PS.
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 the time of approving the financial statements the directors have a reasonable expectation that the
company has adequate resources to continue in operational existence for the foreseeable future.
The directors continue to adopt the going concern basis of accounting in preparing financial statements.
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 25% on reducing balance
Fixtures & Fittings 25% on reducing balance
Computer Equipment 25% on reducing balance
2.4. Financial Instruments
The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, and loans to related parties.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 31 May 2023 2,420 1,953 29,187 33,560
As at 30 May 2024 2,420 1,953 29,187 33,560
Depreciation
As at 31 May 2023 2,396 1,927 28,781 33,104
As at 30 May 2024 2,396 1,927 28,781 33,104
...CONTINUED
Page 3
Page 4
Net Book Value
As at 30 May 2024 24 26 406 456
As at 31 May 2023 24 26 406 456
5. Debtors
2024 2023
£ £
Due within one year
Other debtors 71,138 71,138
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Bank loans and overdrafts 29,167 29,167
Corporation tax 3,357 3,357
Accruals and deferred income 240 450
Directors' loan accounts 450 -
33,214 32,974
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 39,418 39,418
8. Share Capital
2024 2023
Allotted, called up and fully paid £ £
100 Ordinary Shares of £ 1.00 each 100 100
9. Ultimate Controlling Party
The company's ultimate controlling parties are Mr and Mrs Bahia by virtue of their ownership of 100% of the issued share capital in the company.
10. Going concern
Total liabilities exceed total assets however, the company is able to meet any liabilities that may fall due.
Page 4