Acorah Software Products - Accounts Production 16.2.800 false true 30 June 2023 1 July 2022 false 1 July 2023 30 June 2024 30 June 2024 08147460 Mr Alex Ewen iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08147460 2023-06-30 08147460 2024-06-30 08147460 2023-07-01 2024-06-30 08147460 frs-core:CurrentFinancialInstruments 2024-06-30 08147460 frs-core:Non-currentFinancialInstruments 2024-06-30 08147460 frs-core:ComputerEquipment 2024-06-30 08147460 frs-core:ComputerEquipment 2023-07-01 2024-06-30 08147460 frs-core:ComputerEquipment 2023-06-30 08147460 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-07-01 2024-06-30 08147460 frs-core:FurnitureFittings 2024-06-30 08147460 frs-core:FurnitureFittings 2023-07-01 2024-06-30 08147460 frs-core:FurnitureFittings 2023-06-30 08147460 frs-core:OtherResidualIntangibleAssets 2024-06-30 08147460 frs-core:OtherResidualIntangibleAssets 2023-06-30 08147460 frs-core:ShareCapital 2024-06-30 08147460 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 08147460 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 08147460 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 08147460 frs-bus:SmallEntities 2023-07-01 2024-06-30 08147460 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 08147460 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 08147460 frs-bus:Director1 2023-07-01 2024-06-30 08147460 frs-countries:EnglandWales 2023-07-01 2024-06-30 08147460 2022-06-30 08147460 2023-06-30 08147460 2022-07-01 2023-06-30 08147460 frs-core:CurrentFinancialInstruments 2023-06-30 08147460 frs-core:Non-currentFinancialInstruments 2023-06-30 08147460 frs-core:ShareCapital 2023-06-30 08147460 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30
Registered number: 08147460
Falbros Ltd
Unaudited Financial Statements
For The Year Ended 30 June 2024
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 08147460
2024 2023
Notes £ £ £ £
FIXED ASSETS
CURRENT ASSETS
Debtors 6 261,516 264,226
Cash at bank and in hand 14,814 4,712
276,330 268,938
Creditors: Amounts Falling Due Within One Year 7 (39,150 ) (34,200 )
NET CURRENT ASSETS (LIABILITIES) 237,180 234,738
TOTAL ASSETS LESS CURRENT LIABILITIES 237,180 234,738
Creditors: Amounts Falling Due After More Than One Year 8 (189,527 ) (194,254 )
NET ASSETS 47,653 40,484
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 47,553 40,384
SHAREHOLDERS' FUNDS 47,653 40,484
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 Alex Ewen
Director
14/03/2025
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
Falbros Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08147460 . The registered office is 1 Mayfair Place, London, England, W1J 8AJ.
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. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are .... It is amortised to profit and loss account over its estimated economic life of .... years.
2.4. 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 0%
Computer Equipment 0%
3. Average Number of Employees
Average number of employees, including directors, during the year was: 5 (2023: 5)
5 5
4. Intangible Assets
Other
£
Cost
As at 1 July 2023 45,305
As at 30 June 2024 45,305
Amortisation
As at 1 July 2023 45,305
As at 30 June 2024 45,305
Net Book Value
As at 30 June 2024 -
As at 1 July 2023 -
Page 2
Page 3
5. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 July 2023 1,504 22,368 23,872
As at 30 June 2024 1,504 22,368 23,872
Depreciation
As at 1 July 2023 1,504 22,368 23,872
As at 30 June 2024 1,504 22,368 23,872
Net Book Value
As at 30 June 2024 - - -
As at 1 July 2023 - - -
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 12,678 1,458
Other debtors 26 26
12,704 1,484
Due after more than one year
Amounts owed by group undertakings 248,812 262,742
261,516 264,226
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other loans 27,000 27,000
Other creditors 4,953 7,200
Taxation and social security 7,197 -
39,150 34,200
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 38,212 63,577
Amounts owed to group undertakings - (23,138 )
Other creditors 151,315 153,815
189,527 194,254
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 3