Acorah Software Products - Accounts Production 16.1.300 false true true 30 September 2023 1 August 2022 false 1 October 2023 30 September 2024 30 September 2024 04268913 Mrs E Sharon-Noy iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04268913 2023-09-30 04268913 2024-09-30 04268913 2023-10-01 2024-09-30 04268913 frs-core:CurrentFinancialInstruments 2024-09-30 04268913 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-10-01 2024-09-30 04268913 frs-core:FurnitureFittings 2024-09-30 04268913 frs-core:FurnitureFittings 2023-10-01 2024-09-30 04268913 frs-core:FurnitureFittings 2023-09-30 04268913 frs-core:OtherResidualIntangibleAssets 2024-09-30 04268913 frs-core:OtherResidualIntangibleAssets 2023-09-30 04268913 frs-core:ShareCapital 2024-09-30 04268913 frs-core:RetainedEarningsAccumulatedLosses 2024-09-30 04268913 frs-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 04268913 frs-bus:FilletedAccounts 2023-10-01 2024-09-30 04268913 frs-bus:SmallEntities 2023-10-01 2024-09-30 04268913 frs-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 04268913 frs-bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 04268913 frs-bus:Director1 2023-10-01 2024-09-30 04268913 frs-countries:EnglandWales 2023-10-01 2024-09-30 04268913 2022-07-31 04268913 2023-09-30 04268913 2022-08-01 2023-09-30 04268913 frs-core:CurrentFinancialInstruments 2023-09-30 04268913 frs-core:ShareCapital 2023-09-30 04268913 frs-core:RetainedEarningsAccumulatedLosses 2023-09-30
Registered number: 04268913
Global Address Limited
Financial Statements
For The Year Ended 30 September 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 04268913
30 September 2024 30 September 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 100 100
Tangible Assets 5 85 140
185 240
CURRENT ASSETS
Stocks 13,350 13,600
Debtors 6 16,278 3,354
Cash at bank and in hand 631 61
30,259 17,015
Creditors: Amounts Falling Due Within One Year 7 (105,074 ) (90,737 )
NET CURRENT ASSETS (LIABILITIES) (74,815 ) (73,722 )
TOTAL ASSETS LESS CURRENT LIABILITIES (74,630 ) (73,482 )
NET LIABILITIES (74,630 ) (73,482 )
CAPITAL AND RESERVES
Called up share capital 8 400 400
Profit and Loss Account (75,030 ) (73,882 )
SHAREHOLDERS' FUNDS (74,630) (73,482)
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For the year ending 30 September 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 her 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 E Sharon-Noy
Director
19/03/2025
The notes on pages 3 to 6 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Global Address Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04268913 . The registered office is Wiltron House, Meadway Technology Park, Stevenage, Hertfordshire, SG1 2EF.
The presentation currency of the financial statements is the Pound Sterling (£).
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
The financial statements have been prepared on a going concern basis as the director has confirmed her intention to support the company.
2.3. 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.
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the service. The stage of completion of a service 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.
2.4. Intangible Fixed Assets and Amortisation - Other Intangible
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated depreciation and any accumulated impairment losses.
2.5. 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:
Fixtures & Fittings 33% on reducing balance
The annual depreciation charge for tangible assets is sensitive to changes in the estimated useful economic lives and residual values of the assets. The useful economic lives and residual values are reassessed annually. They are amended when necessary to reflect current estimates, future investments and the physical conditions of the assets.
2.6. Stocks and Work in Progress
Stocks 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. 
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2.7. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.8. Taxation
Income tax expense represents the sum of the tax currently payable.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Current tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current tax is also recognised in other comprehensive income or directly in equity respectively.
2.9. Government Grant
Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.
Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.
Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.
All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Intangible Assets
Other
£
Cost
As at 1 October 2023 100
As at 30 September 2024 100
Net Book Value
As at 30 September 2024 100
As at 1 October 2023 100
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5. Tangible Assets
Fixtures & Fittings
£
Cost
As at 1 October 2023 1,162
As at 30 September 2024 1,162
Depreciation
As at 1 October 2023 1,022
Provided during the period 55
As at 30 September 2024 1,077
Net Book Value
As at 30 September 2024 85
As at 1 October 2023 140
6. Debtors
30 September 2024 30 September 2023
£ £
Due within one year
Other debtors 16,278 3,354
7. Creditors: Amounts Falling Due Within One Year
30 September 2024 30 September 2023
£ £
Trade creditors 600 -
Bank loans and overdrafts - 17,725
Other creditors 104,474 72,888
Taxation and social security - 124
105,074 90,737
Other creditors includes £82,183 (2023 - £51,734) due to Freeform Fabrictions Limited, a company in which the director has an interest.
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8. Share Capital
30 September 2024 30 September 2023
£ £
Allotted, Called up and fully paid 400 400
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