Acorah Software Products - Accounts Production 16.2.850 false true true false 6 July 2023 31 July 2024 31 July 2024 14986196 Mr Ajmer Kang iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14986196 2023-07-05 14986196 2024-07-31 14986196 2023-07-06 2024-07-31 14986196 frs-core:CurrentFinancialInstruments 2024-07-31 14986196 frs-core:Non-currentFinancialInstruments 2024-07-31 14986196 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-07-06 2024-07-31 14986196 frs-core:OtherResidualIntangibleAssets 2024-07-31 14986196 frs-core:OtherResidualIntangibleAssets 2023-07-06 2024-07-31 14986196 frs-core:OtherResidualIntangibleAssets 2023-07-05 14986196 frs-core:ShareCapital 2024-07-31 14986196 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 14986196 frs-bus:PrivateLimitedCompanyLtd 2023-07-06 2024-07-31 14986196 frs-bus:FilletedAccounts 2023-07-06 2024-07-31 14986196 frs-bus:SmallEntities 2023-07-06 2024-07-31 14986196 frs-bus:AuditExempt-NoAccountantsReport 2023-07-06 2024-07-31 14986196 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-06 2024-07-31 14986196 frs-bus:Director1 2023-07-06 2024-07-31 14986196 frs-countries:EnglandWales 2023-07-06 2024-07-31
Registered number: 14986196
Sales Geek Waltham Abbey Ltd
Unaudited Financial Statements
For the Period 6 July 2023 to 31 July 2024
E. H. Taylors
203 London Road
Hadleigh
Benfleet
Essex
SS7 2RD
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 14986196
31 July 2024
Notes £ £
FIXED ASSETS
Intangible Assets 4 46,400
46,400
CURRENT ASSETS
Cash at bank and in hand 2,687
2,687
Creditors: Amounts Falling Due Within One Year 5 (52,249 )
NET CURRENT ASSETS (LIABILITIES) (49,562 )
TOTAL ASSETS LESS CURRENT LIABILITIES (3,162 )
Creditors: Amounts Falling Due After More Than One Year 6 (37,585 )
NET LIABILITIES (40,747 )
CAPITAL AND RESERVES
Called up share capital 7 1
Profit and Loss Account (40,748 )
SHAREHOLDERS' FUNDS (40,747)
For the period ending 31 July 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 Ajmer Kang
Director
17th March 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
Sales Geek Waltham Abbey Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14986196 . The registered office is 203 London Road, Hadleigh, Benfleet , Essex, SS7 2RD.
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. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. 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.
2.4. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are the company's francise agreement. It is amortised to profit and loss account over its estimated economic life of five years.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 1
1
4. Intangible Assets
Other
£
Cost
As at 6 July 2023 58,000
As at 31 July 2024 58,000
Amortisation
As at 6 July 2023 -
Provided during the period 11,600
As at 31 July 2024 11,600
Net Book Value
As at 31 July 2024 46,400
As at 6 July 2023 58,000
Page 2
Page 3
5. Creditors: Amounts Falling Due Within One Year
31 July 2024
£
Trade creditors 7,000
Bank loans and overdrafts 4,432
Other taxes and social security 6
VAT 118
Accruals and deferred income 1,322
Director's loan account 39,371
52,249
6. Creditors: Amounts Falling Due After More Than One Year
31 July 2024
£
Trade creditors 21,000
Bank loans 16,585
37,585
7. Share Capital
31 July 2024
£
Allotted, Called up and fully paid 1
Page 3