Acorah Software Products - Accounts Production 16.1.300 false true false 19 May 2023 31 May 2024 31 May 2024 14879722 Mr L B Vernon Ms P Smith iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14879722 2023-05-18 14879722 2024-05-31 14879722 2023-05-19 2024-05-31 14879722 frs-core:Non-currentFinancialInstruments 2024-05-31 14879722 frs-core:ComputerEquipment 2023-05-19 2024-05-31 14879722 frs-core:FurnitureFittings 2023-05-19 2024-05-31 14879722 frs-core:MotorVehicles 2023-05-19 2024-05-31 14879722 frs-core:PlantMachinery 2023-05-19 2024-05-31 14879722 frs-core:ShareCapital 2024-05-31 14879722 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 14879722 frs-bus:PrivateLimitedCompanyLtd 2023-05-19 2024-05-31 14879722 frs-bus:AbridgedAccounts 2023-05-19 2024-05-31 14879722 frs-bus:SmallEntities 2023-05-19 2024-05-31 14879722 frs-bus:AuditExempt-NoAccountantsReport 2023-05-19 2024-05-31 14879722 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-19 2024-05-31 14879722 frs-bus:Director1 2023-05-19 2024-05-31 14879722 frs-bus:CompanySecretary1 2023-05-19 2024-05-31 14879722 frs-countries:EnglandWales 2023-05-19 2024-05-31
Registered number: 14879722
FTK9 Ltd
Unaudited ABRIDGED Financial Statements
For the Period 19 May 2023 to 31 May 2024
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—4
Page 1
Abridged Balance Sheet
Registered number: 14879722
31 May 2024
Notes £ £
FIXED ASSETS
Tangible Assets 4 13,085
13,085
CURRENT ASSETS
Debtors 5 15,751
Cash at bank and in hand 40,466
56,217
Creditors: Amounts Falling Due Within One Year (13,117 )
NET CURRENT ASSETS (LIABILITIES) 43,100
TOTAL ASSETS LESS CURRENT LIABILITIES 56,185
Creditors: Amounts Falling Due After More Than One Year (55,872 )
NET ASSETS 313
CAPITAL AND RESERVES
Called up share capital 6 1
Profit and Loss Account 312
SHAREHOLDERS' FUNDS 313
Page 1
Page 2
For the period ending 31 May 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.
All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 31 May 2024 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr L B Vernon
Director
31st March 2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. General Information
FTK9 Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14879722 . The registered office is The Nook Lindleys Lane, Kirkby-In-Ashfield, Nottingham, NG17 9AL.
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:
Plant & Machinery 15% straight line
Motor Vehicles 25% straight line
Fixtures & Fittings 15% straight line
Computer Equipment 15% straight line
3. Average Number of Employees
Average number of employees, including directors, during the period was: 3
3
4. Tangible Assets
Total
£
Cost
As at 19 May 2023 -
Additions 17,554
Disposals (695 )
As at 31 May 2024 16,859
Depreciation
As at 19 May 2023 -
Provided during the period 3,774
As at 31 May 2024 3,774
Net Book Value
As at 31 May 2024 13,085
As at 19 May 2023 -
Page 3
Page 4
5. Debtors
31 May 2024
£
Due after more than one year
Other debtors 15,751
6. Share Capital
31 May 2024
£
Allotted, Called up and fully paid 1
Page 4