Acorah Software Products - Accounts Production 16.2.850 true true true 31 July 2023 1 August 2022 false 1 August 2023 31 July 2024 31 July 2024 12781425 Steven Manicom iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12781425 2023-07-31 12781425 2024-07-31 12781425 2023-08-01 2024-07-31 12781425 frs-core:CurrentFinancialInstruments 2024-07-31 12781425 frs-core:ShareCapital 2024-07-31 12781425 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 12781425 frs-bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 12781425 frs-bus:FilletedAccounts 2023-08-01 2024-07-31 12781425 frs-bus:SmallEntities 2023-08-01 2024-07-31 12781425 frs-bus:EntityNoLongerTradingButTradedInPast 2023-08-01 2024-07-31 12781425 frs-bus:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 12781425 frs-bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 12781425 frs-bus:Director1 2023-08-01 2024-07-31 12781425 frs-countries:EnglandWales 2023-08-01 2024-07-31 12781425 2022-07-31 12781425 2023-07-31 12781425 2022-08-01 2023-07-31 12781425 frs-core:CurrentFinancialInstruments 2023-07-31 12781425 frs-core:ShareCapital 2023-07-31 12781425 frs-core:RetainedEarningsAccumulatedLosses 2023-07-31
Registered number: 12781425
Preveyor Limited
Unaudited Financial Statements
For The Year Ended 31 July 2024
Anumerate Limited
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 12781425
2024 2023
Notes £ £ £ £
Creditors: Amounts Falling Due Within One Year 4 (37,458 ) (37,458 )
NET CURRENT ASSETS (LIABILITIES) (37,458 ) (37,458 )
TOTAL ASSETS LESS CURRENT LIABILITIES (37,458 ) (37,458 )
NET LIABILITIES (37,458 ) (37,458 )
CAPITAL AND RESERVES
Called up share capital 5 1 1
Profit and Loss Account (37,459 ) (37,459 )
SHAREHOLDERS' FUNDS (37,458) (37,458)
For the year ending 31 July 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant 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
Steven Manicom
Director
17/03/2025
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
Preveyor Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12781425 . The registered office is 104 Point Pleasant, London, SW18 1PP.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no
material departures from that standard.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
2.2. Going Concern Disclosure
The Directors are of the opinion that the Company is a going concern and will continue to provide financial support to the Company as required.
2.3. Turnover
Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company's activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
- The amount of revenue can be reliably measured;
- it is probable that future economic benefits will flow to the entity; and
- specific criteria have been met for each of the company's activities.
2.4. Investment Properties
Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.
2.5. Taxation
On 10 June 2021, the Finance Act 2021 was enacted which increased the corporation tax rate from 1 April 2023. This rate will increase from 19% for businesses with profits of less than £50,000 to 25% for businesses with profits over £250,000. Within the profits band of £50,000 to £250,000, corporation tax is calculated at 25% less a calculated marginal relief tax deduction.
The Company has unutilised tax losses which are carried forward and can be offset against future taxable profits of the same trade. The deferred tax asset in respect of unutilised tax losses has not been recognised until such a time as sufficient profits are certain.
2.6. Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
2.7. Trade debtors
Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.
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Page 3
2.8. Trade creditors
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Director's loan account 37,458 37,458
5. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
6. Related Party Transactions
The Director is a related party and as at the year-end date the Company owed the Director £37,458 (2023: £37,458). The loan is unsecured, interest-free and has no fixed terms of repayment.
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