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 01561763 G Kenneth F Kenneth M Kenneth S Bohane S Bohane iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 01561763 2023-06-30 01561763 2024-06-30 01561763 2023-07-01 2024-06-30 01561763 frs-core:CurrentFinancialInstruments 2024-06-30 01561763 frs-core:SharePremium 2024-06-30 01561763 frs-core:ShareCapital 2024-06-30 01561763 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 01561763 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 01561763 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 01561763 frs-bus:SmallEntities 2023-07-01 2024-06-30 01561763 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 01561763 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 01561763 frs-bus:Director1 2023-07-01 2024-06-30 01561763 frs-bus:Director2 2023-07-01 2024-06-30 01561763 frs-bus:Director3 2023-07-01 2024-06-30 01561763 frs-bus:Director4 2023-07-01 2024-06-30 01561763 frs-bus:CompanySecretary1 2023-07-01 2024-06-30 01561763 frs-countries:EnglandWales 2023-07-01 2024-06-30 01561763 2022-06-30 01561763 2023-06-30 01561763 2022-07-01 2023-06-30 01561763 frs-core:CurrentFinancialInstruments 2023-06-30 01561763 frs-core:SharePremium 2023-06-30 01561763 frs-core:ShareCapital 2023-06-30 01561763 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30
Registered number: 01561763
OAKLAND CAPITAL MANAGEMENT LIMITED
Unaudited Financial Statements
For The Year Ended 30 June 2024
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2
Page 1
Balance Sheet
Registered number: 01561763
2024 2023
Notes £ £ £ £
FIXED ASSETS
CURRENT ASSETS
Debtors 4 46,873 72,246
Cash at bank and in hand 8,905 1,505
55,778 73,751
Creditors: Amounts Falling Due Within One Year 5 (9,227 ) (25,524 )
NET CURRENT ASSETS (LIABILITIES) 46,551 48,227
TOTAL ASSETS LESS CURRENT LIABILITIES 46,551 48,227
NET ASSETS 46,551 48,227
CAPITAL AND RESERVES
Called up share capital 6 73,396 73,396
Share premium account 18,451 18,451
Profit and Loss Account (45,296 ) (43,620 )
SHAREHOLDERS' FUNDS 46,551 48,227
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
F Kenneth
Director
26/03/2025
The notes on page 2 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
OAKLAND CAPITAL MANAGEMENT LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 01561763 . The registered office is 130 High Street, Marlborough, Wiltshire, SN8 1LZ.
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2023: 3)
3 3
4. Debtors
2024 2023
£ £
Due within one year
Trade debtors 42,311 35,229
Amounts owed by group undertakings 4,562 24,562
Other debtors - 12,455
46,873 72,246
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 1,450 -
Amounts owed to group undertakings - 20,000
Other creditors 314 253
Taxation and social security 7,463 5,271
9,227 25,524
6. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 73,396 73,396
Page 2