Acorah Software Products - Accounts Production 16.1.300 false true 31 July 2023 1 August 2022 false 1 August 2023 31 July 2024 31 July 2024 08144504 Mr Andrew Durston Mr Tony World iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08144504 2023-07-31 08144504 2024-07-31 08144504 2023-08-01 2024-07-31 08144504 frs-core:CurrentFinancialInstruments 2024-07-31 08144504 frs-core:ComputerEquipment 2024-07-31 08144504 frs-core:ComputerEquipment 2023-08-01 2024-07-31 08144504 frs-core:ComputerEquipment 2023-07-31 08144504 frs-core:FurnitureFittings 2023-08-01 2024-07-31 08144504 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-08-01 2024-07-31 08144504 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-08-01 2024-07-31 08144504 frs-core:MotorVehicles 2023-08-01 2024-07-31 08144504 frs-core:PlantMachinery 2023-08-01 2024-07-31 08144504 frs-core:ShareCapital 2024-07-31 08144504 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 08144504 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 08144504 frs-bus:FilletedAccounts 2023-08-01 2024-07-31 08144504 frs-bus:SmallEntities 2023-08-01 2024-07-31 08144504 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 08144504 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 08144504 frs-bus:Director1 2023-08-01 2024-07-31 08144504 frs-bus:CompanySecretary1 2023-08-01 2024-07-31 08144504 frs-countries:EnglandWales 2023-08-01 2024-07-31 08144504 2022-07-31 08144504 2023-07-31 08144504 2022-08-01 2023-07-31 08144504 frs-core:CurrentFinancialInstruments 2023-07-31 08144504 frs-core:ShareCapital 2023-07-31 08144504 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31
South Coast Aviation Limited
Unaudited Financial Statements
For The Year Ended 31 July 2024
ACCOUNTING SERVICES
FCMA
Field View
Peach Grove
Palestine, Andover
Hants
SP11 7EP
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 08144504
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 2,414 2,414
2,414 2,414
CURRENT ASSETS
Stocks 5 822 822
Debtors 6 4,464 327
Cash at bank and in hand 961 11,003
6,247 12,152
Creditors: Amounts Falling Due Within One Year 7 (17,969 ) (20,426 )
NET CURRENT ASSETS (LIABILITIES) (11,722 ) (8,274 )
TOTAL ASSETS LESS CURRENT LIABILITIES (9,308 ) (5,860 )
NET LIABILITIES (9,308 ) (5,860 )
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account (9,408 ) (5,960 )
SHAREHOLDERS' FUNDS (9,308) (5,860)
For the year ending 31 July 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 Andrew Durston
Director
17/03/2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
South Coast Aviation Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08144504 . The registered office is Unit 4B, Heritage Business Park, Gosport , Hants, PO12 4BG.
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 comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. 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:
Freehold 25% Reducing Balance
Leasehold 25% Reducing Balance
Plant & Machinery 25% Reducing Balance
Motor Vehicles 25% Reducing Balance
Fixtures & Fittings 25% Reducing Balance
Computer Equipment 25% 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: NIL (2023: NIL)
- -
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 August 2023 5,372
As at 31 July 2024 5,372
Depreciation
As at 1 August 2023 2,958
As at 31 July 2024 2,958
Net Book Value
As at 31 July 2024 2,414
As at 1 August 2023 2,414
5. Stocks
2024 2023
£ £
Materials 822 822
Page 2
Page 3
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 1,364 327
VAT 3,100 -
4,464 327
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 1,593 1,594
Corporation tax (2,139 ) (2,139 )
VAT - 6
Director's loan account 18,515 20,965
17,969 20,426
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 3