Acorah Software Products - Accounts Production 16.1.300 false true 30 June 2023 1 July 2022 false 1 July 2023 30 June 2024 30 June 2024 10828387 Mr Muhammed Farooqi iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10828387 2023-06-30 10828387 2024-06-30 10828387 2023-07-01 2024-06-30 10828387 frs-core:CurrentFinancialInstruments 2024-06-30 10828387 frs-core:Non-currentFinancialInstruments 2024-06-30 10828387 frs-core:FurnitureFittings 2024-06-30 10828387 frs-core:FurnitureFittings 2023-07-01 2024-06-30 10828387 frs-core:FurnitureFittings 2023-06-30 10828387 frs-core:ShareCapital 2024-06-30 10828387 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 10828387 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 10828387 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 10828387 frs-bus:SmallEntities 2023-07-01 2024-06-30 10828387 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 10828387 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 10828387 frs-bus:Director1 2023-07-01 2024-06-30 10828387 frs-countries:EnglandWales 2023-07-01 2024-06-30 10828387 2022-06-30 10828387 2023-06-30 10828387 2022-07-01 2023-06-30 10828387 frs-core:CurrentFinancialInstruments 2023-06-30 10828387 frs-core:Non-currentFinancialInstruments 2023-06-30 10828387 frs-core:ShareCapital 2023-06-30 10828387 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30
Registered number: 10828387
Elgin Shaw Limited
Financial Statements
For The Year Ended 30 June 2024
Outsourced ACC Ltd
High Street Centre, 137-139 High Street
Beckenham
Kent
BR3 1AG
Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 10828387
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 265 523
265 523
CURRENT ASSETS
Debtors 5 - 470
Cash at bank and in hand 3,753 9,261
3,753 9,731
Creditors: Amounts Falling Due Within One Year 6 (18,041 ) (15,190 )
NET CURRENT ASSETS (LIABILITIES) (14,288 ) (5,459 )
TOTAL ASSETS LESS CURRENT LIABILITIES (14,023 ) (4,936 )
Creditors: Amounts Falling Due After More Than One Year 7 (6,251 ) (9,754 )
NET LIABILITIES (20,274 ) (14,690 )
CAPITAL AND RESERVES
Called up share capital 8 1 1
Profit and Loss Account (20,275 ) (14,691 )
SHAREHOLDERS' FUNDS (20,274) (14,690)
Page 1
Page 2
For the year ending 30 June 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 Muhammed Farooqi
Director
14th March 2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Elgin Shaw Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10828387 . The registered office is 71-75 Shelton Street, Covent Garden, London, WC2H 9JQ.
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:
Fixtures & Fittings 33% Straight Line Method
2.4. Taxation
Income tax expense represents the sum of the tax currently payable tax.
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 years 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: NIL)
1 -
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4. Tangible Assets
Fixtures & Fittings
£
Cost
As at 1 July 2023 780
As at 30 June 2024 780
Depreciation
As at 1 July 2023 257
Provided during the period 258
As at 30 June 2024 515
Net Book Value
As at 30 June 2024 265
As at 1 July 2023 523
5. Debtors
2024 2023
£ £
Due within one year
Other debtors - 470
- 470
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors - 1
Other creditors 8,452 5,085
Taxation and social security 9,589 10,104
18,041 15,190
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 6,251 9,754
6,251 9,754
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8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
Page 5