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 10211491 Ms Z Monod Mr R Sinfield iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10211491 2023-06-30 10211491 2024-06-30 10211491 2023-07-01 2024-06-30 10211491 frs-core:CurrentFinancialInstruments 2024-06-30 10211491 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-06-30 10211491 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 10211491 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-06-30 10211491 frs-core:PlantMachinery 2024-06-30 10211491 frs-core:PlantMachinery 2023-07-01 2024-06-30 10211491 frs-core:PlantMachinery 2023-06-30 10211491 frs-core:ShareCapital 2024-06-30 10211491 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 10211491 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 10211491 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 10211491 frs-bus:SmallEntities 2023-07-01 2024-06-30 10211491 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 10211491 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 10211491 frs-bus:Director1 2023-07-01 2024-06-30 10211491 frs-bus:Director1 2023-06-30 10211491 frs-bus:Director1 2024-06-30 10211491 frs-bus:Director2 2023-07-01 2024-06-30 10211491 frs-countries:EnglandWales 2023-07-01 2024-06-30 10211491 2022-06-30 10211491 2023-06-30 10211491 2022-07-01 2023-06-30 10211491 frs-core:CurrentFinancialInstruments 2023-06-30 10211491 frs-core:ShareCapital 2023-06-30 10211491 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30
Registered number: 10211491
ARROW COMPLIANCE TRAINING LIMITED
Financial Statements
For The Year Ended 30 June 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 10211491
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 2,569 3,993
2,569 3,993
CURRENT ASSETS
Debtors 5 20,262 19,220
20,262 19,220
Creditors: Amounts Falling Due Within One Year 6 (50,314 ) (46,889 )
NET CURRENT ASSETS (LIABILITIES) (30,052 ) (27,669 )
TOTAL ASSETS LESS CURRENT LIABILITIES (27,483 ) (23,676 )
NET LIABILITIES (27,483 ) (23,676 )
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account (27,583 ) (23,776 )
SHAREHOLDERS' FUNDS (27,483) (23,676)
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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 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 R Sinfield
Director
25 March 2025
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
ARROW COMPLIANCE TRAINING LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 10211491 . The registered office is 39 Witchell, Wendover, Aylesbury, Buckinghamshire, HP22 6EG.
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:
Freehold Over 10 years (10%)
Plant & Machinery Over 3 years (33%)
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
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4. Tangible Assets
Land & Property
Freehold Plant & Machinery Total
£ £ £
Cost
As at 1 July 2023 12,843 419 13,262
As at 30 June 2024 12,843 419 13,262
Depreciation
As at 1 July 2023 8,990 279 9,269
Provided during the period 1,284 140 1,424
As at 30 June 2024 10,274 419 10,693
Net Book Value
As at 30 June 2024 2,569 - 2,569
As at 1 July 2023 3,853 140 3,993
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 3,840 1,440
Prepayments and accrued income 417 457
Directors' loan accounts 16,005 17,323
20,262 19,220
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Bank loans and overdrafts 9,929 9,631
Corporation tax 25,844 23,386
Other taxes and social security 17 17
VAT 14,524 13,722
Accruals and deferred income - 133
50,314 46,889
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7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
8. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors: £16,005 (2023: £17,323)
As at 1 July 2023 Amounts advanced Amounts repaid Amounts written off As at 30 June 2024
£ £ £ £ £
Mr Richard Sinfield 17,323 - - - 16,005
The above loan is unsecured, and repayable on demand. Interest was charged at 2.5%.
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